The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1856-05-24
The DAILY DISPATCH.
Saturday NEorn,nx, MAY IA, 1885.
Financial and Commercial.


Virginia Stocks were not quoted by TELEGRAPH
yesterday. There were no sales OF them on Ihars
day evening. The New York Journal of Com
merce Of that evening says;
There Is less pressure In the money market to
day, although some borrowers are still negotiating
for large sums to make up the amount which theiI
accommodations have been curtailed by the con
traction OF the banks
aThe street win gain this week considerably
from the Sub. Treasury, notwithstanding the large
payments for dusies About 100000 has been
placed here at the disposal of the p o. Department
most of which viii be paid out at once. .
The Stock market opened with more stead
ness. Erie was not fayorite, but prices were
generally little stronger. NJ,
Foreign Exchange "a offered more freely we
notice no quotabie decline in rates, but drawers
show more anxiety to sell large lines
ERIE CASAL-The n Y. Tribune OF Ihufsa"s
evening says:
Tho boat Gelt of the old Oswego line, with 1so
bbis Flour. the first from oswego TINS season, ~
rived here this morning. Several rom tno '
quarter are expected tomorrow. .,o
The Intelligence received from England oy tne
Canada at Halifax. is not of material importance.
There appears 10 be no change 10 money matters
In r,ondpn the minimum rate of the Bank OF Eng
land continuing at six per cent. Inc Bank hsa
increased it's specie about $4,000 The markets
exhibit no quotable change In Cotton, and oetter
market Tor Breadstu!fs. Consols are "hkou'
During the curren. year, Il is estimated that the
Lske Superior Mines will produce about GUN tons
of Copper. valued al S2.J00000.
The Board of Directors of the Pacific Man
Steamship Company, have authorised the Presi'
daut 70 call in and pay of the outstanding bonds
of the company at par and accrued interest.
There were sales of Petersburg and Roanoke
Railroad Stock in Petersburg, on Thursday, by
auction, at ss5 per share-an Improvement on re i.
cent sales. The same day there were sales Oh
South Side Stock q. $50.
The New York Pos.c Of Wednesday, p. NJ, says
The steamer from Boston to Liverpool took
from this city S625 000 all shipped by Mr. Bel
mont of which $500 900 was for Paris, and S225,-
900 for London. On Saturday, there Will be an
amount shipped for London, though there are no
appearances of 4 large one at present. but none
for Paris On w Wednesday next there will be per.
hsps large shipment for Paris by the Asia; but
foreign exchange is falling, and the amount may
be limited. After next week IT is not expected
that shipments of specie will be large The hea-
West shipments of the season have already taken
place"
ALEXANDRIA May 22-Flour is firm, but not
quotably higher The stock ia very light, and re-
cepts small-very little offering for sale-the NOM
nal price Sc The receipts of Wheat to-day are
red at 81 206S1 IS; white 81 400Sl So Corn 45
4Disc. Rye 55d5Sc. Oats 30932c.
BY Telegraph.
BALTIMORE. May 25-Flour dull and unchanged.
Wheat tive at yesterdays rates. Corn unchanged.
New YORK, May 23.-Flour advanced: State 85.87
G56 TO- Ohio Sc 256662; Southern Sc 6207.I2; Fan
cy do S7.25d9. Wheat advanced: Southern Il ed
$L72 White Sl.SS. Corn declined and quoted at 81
cents.
Stocks dull Startling exchange dull nj OIL