The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1856-06-19
The DAILY DISPATCH
FINANCIAL ana coinmercial.

Financial ana CommeTclal.
The following sales Of stocks were made IN Nef'
folk Tuesday: hnsess9 ~
is shares Ex. Bank Stock a loo psis .sast 6
sl,ooe Norfolk City Scrip, so,,
s3.ooo do do st Al.
The circular Of Messfs- De copper y Cos -
49, w.. ,,rran.red for Transmission by the
s.s.n..,s' S,srsr,. fre,a Boston for LIVERPOOL,
.as,c,,.v gives the following review of the bond
ara s,act market during the past week.
g.. So.ks,-Misseurl IS have been active
sss ar decline of ] per cent Virginia o 9
ssvs been done to limited amount at per cen.
sa.,;,e and Tennessee 6s at per cent. al
,nsn1 having been pressed for sale IN large
amounts, they have fallen several per cent, sell
ms Al 1916 The FIRST interest coupon on these,
for eight months interest, is due January L 1891
alter that the coupons are semtannuaL inaiana
5s are quoted ex.interest July l.. -
City and County Bonds We notice few refaii
transactions in ST. Louis 6s Chicago 6's and IS,
Detroit as. Milwaukee IS Wheeling Os, (Munici
pai) and In Peoria rs, the latter AZ reduc'ion Oh
price
Money abundant from per cent aud per Ct
for loans on call. principally at per cent Paper
per cent. and per eeai.
A correspondent writes from Joliet Ill.
'Times are very hard 80 far as mopeyts con.
earned
that price, and consequently do not pay their &C
counts which, of course. cramps the merchants
Another in a Western city states:
money is tighter than have ever known Il,
and can be loaned out here on good hrst mort
gage of real estate at per cent. month A
great deal of property is adyer sed by the sheriff
Look out for squally times" fR
A letter from Chicago states that the business
In June promises to be very large, notwithstand
ing the low price of grain which keeps back the
crops. A sale of 10000 bushels Corn was re-
ported to have been made near Urbana, about 81
miles from the road. at the astonishipgly low
price of SC. per bushel This must be on the cob,
even Ii the story be true. Grain freghts are very
low at Chicago. Corn having been taken at &C. for
Buffalo and &c for Oswegc. The lumber business
of Chicago is rapidly increasing. being los mil
lions this year against so millions last year,
BY the arrival of the ship Bausbee at Baltimore.
we have dates from Rio to May 18th, ten days Ia
ter The bark Conrad, from Richmond had ar
rived:
Rio DE JANEIRo, May 18th, 1856
Since our circulars of the l4th uit. supplies have
been moderate. The arrivals of -four were 1891
barrels coastwise, including 1916 barrels from
Ba,im ore 1875 Gallego.
The stock of G,500 bbls Baltimore -four was
cleared out at lel for old Baltimore, and 23A for
Crenshaw. Stock on hand o, 900 bbls. Bati
more may be quoted at a4H5o0, Haxall and Gale
so 29h 03lh.
CoFFEE.--Supplies have been more regular
owing to the fine weather OF the new crop but
little has arrived. only about 10000 bags. The
quality of the old is but poor, as usual at this
son. The new turns Quit good. Prices remained
firm until the end of last month; since then on
ceipt of unfavorable European news and a more
limited demand for the United States they have
undergone a decline of 200 rs, at which the mar
ket remained fiat New coffee in demand at 5000
05n200 Tor first ordinary to first good Sierra Abai-
Co. Sales from the 10th to the eud of the month,
about GO, 600 bags, and this month 200 bags.
The weekly Bank report of New York, says the
Express, is of favorable character. Loans have
been increased S693 $780, specie 81 24S.500; the de-
posts are nominaly increased 1898 600, although
really augmented s. $3.50 When matters as
sumo more peaceful attitude and apprehensions,
grouadiess or otherwise, are allayed. the founda-
ton for great rise in stocks is broadly laid, and
the rise fairly commenced, will last long time -
But while the public mind is full of grave doubts
as to the future, there will be no feeling to buy
stocks for a permanent rise.
The lands disposed of by the Cumberland Coal
and Iron Company, for $40 600, and referred to
in the last report of the President have been pur
chased by company about to be organized for
the mining of coal, &c. The new company about
to be formed. will commence operations, ii is said,
on scale commensurate with the value of this
property. acquired on such cheap terms.
The Massillon (O) Gazette reports the wool
trade active 10 that place. and that the supplies of
the common grade were coming in freely. Prices
The statement of the New York City Banks, of
their average condition for the week ending June
18th. shows an increase of $693960 in loans, 81
24e 500 in specie, $993,002 in deposits, and de-
crease of 500 SIT in circulation We annex the
weeks average, with a comparison including the
previous week and the corresponding week of last
year.
Date. L'ns and Dis. Specie.
June q. lS56........... sos, 4749 21 1876 1850
Circulation. Deposits
June Z, 1856............. $3.50 252 go, 609 24S
Lns and Dis Specie
June IA, 1856. .......... $lP4 l6538I 17.4l4 $50
tt Circulation. Dcnosiss-
June IA, 1885,. S8,a6D,7S5 $780,, 245
Same time last year.
Inns Dis Specie. CircuPn. Depts
June 10 80 lO0.ss5 IA s7s55s 7,452,i6l T,s49,454
The banks now hold larger amount of specie
than at any previous date this year
PHILADELPHIA CATTLE MARKET, June 10Th
During the past week there arrived at Torbert's
sAvenue Drove Yard, 270 beeves, $500 sheep POO
hogs, 30 COWS and calves and 80 horses. The
price of beef cattle has advanced somewhat in
price, those sold bringing from 50 to Sll 70. and
few Sl2 per 100 lbs. Sheep sold at from s. 50 to
Ga 80 per head, which is a decline in price since
our last quotation. Hogs sold at from 81 to ST 10
per 100 lbs. Cows and calves at from S35 to S75
and selling briskly. The total stock in market
was90o beeves $500 sheep, 1900 hogs. and 100 cows
and calves. high price is still demanded for
horses, but sales are rather duh
BY Telegraph.
BALTIMORE, June le.-F TOUR eteacy. HOWARD et-
and Ohio sc. Wheat irtner; White 81 5ODslts;
Red Is 500 $1.37. White Corn 1880; Yellow 4715L.
NEW YORK, June ls.-Wheat advanced 304c 4
Richmond Markets, june IS.
FLOUR.-No arrivals of -four by canal, which ia
closed beyond Lynchburg bnt will be opened by the
18th or 18th Of July. The fl ,ur from intermediate
points between this city and Lynchburg has been
ready received The only transaction we hear of for
ship is at $6OS6 25.
WHEAT The arrivals of wheat are very light
Harvesting has com mencsd. Shippers still pay.
ing 6 S00sl 40 for best red and white undsrgraies
according to quality.
CORN is io good demand at better prices. and
wsuld bring 55060c. We hear of small sales
sag 81 or 100 bushels at 65c.
sUGAR-There is some exciteme IT in the market,
and sugar is firm with upward tendency. We