The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1856-05-12
THE DAILY DISPATCH.
:" Monday NTornins, May ~, 1856.
Financial and Commercial.


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Financial and Commercial.
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The amount Of Virginia Stocks offering IN .h's
CITY is stl limited, notwithstanding near Vooo '.
new Bonds to take up the acceptances OF the no.su
NJ Public Works have been issued since the is'
instant. This shows that they have mien gene
rally into the hands Of persons able 70 no'a'
In the course of his speech at public coeors'
ton last week, Mr.. HoLLADAr, PRESIDENT OF tne
Board of Public Works, stated that 1t was believed
upon the very best grounds, and AFTER mature In
yestga,ion, that the taxable property Of Virginia
would, after the re-assessment Of the lands Of the
State amount fully to S6oe,0oo,ooo This win put
her in condition of perfect ease not only to meet
all her liabilities but to finish her main lines of i'm.
provement
At New York, Saturday, the supply of money
was fair but no change in rates. Tho stock mar
ket was heavy, and prices lower generally Vir'
pinia skies remained at 93a. The following are
the comparative exports of specie since the is Oh
January:
Total since January Ist.. DO
Same time, 1885,. 1880.
Same time, 1854 .......'..'-''''''.'..' 80 a.,
Same time, 1885,.
Same time, 1852. 'io','"i
virginia Stocks declined in New York Friday
morning to a3t-s fall of t.
A sale of 1000 of Virginia bonds was made at
at Alexandria, Friday, at sos. Sales of corpora
ton stock were made at Ss5.
The Journal of Commerce thus notices the New
York Money Market of Friday
There was more pressure for money to-day at
ssme of the leading banks, than we have seen be-
fore for several weeks and several of the Board
adjourned without calling the list Of offerings
AT the note brokers and private bankers, there is
stiil good supply of money Offering, but general
iy at higher rates of interest Six months paper
with respectable signatures, have been taken III
lines at l00l2 per cent. per annum. and we know
OF several lists sold at the higher rate
The news by the last steamer caused little
more frmness in the New York breadstuffs market
on Thursday at former rates.
The New York Express estimates the shipments
of specie for the eighteen days from the 10th May
to the Bird of June. 1856, at S4,39l, 565. The Ex-
press does not think that export, such as this,
the present year will disturb business to any no
ticeable degree, since ii did not last year. Our
money market was then easy, while England and
France were striving by all methods to strengthen
themselves with gold for military purposes.
The New York Herald abiding to the stock OPP
erations of the Board of Brokers for some days,
says that they confined to the Brokers them
selves, outsiders not responding to the invitation
to purchase the large amount of stock now press
ing on the market 1t says:
This is not calculated to improve prices. The
brokers cannot live off of each other for any length
of time. 1t would not take long for them to eat
each other up. After a few weeks, when the
banks begin to let out call loans again. outside
demand may spring up, and the market be re-
lieved of the weight of stocks pressing upon it,
and holders may be able to shift part Of their load
upon other shoulders more able to carry it.
The increase in the receipts of the Michigan
Central Railroad for the month of April was S45,-
3D. The increase in the Harlem Railroad re-
ceipts for the same month was S122l1 40; of the
Chicago and Rock Island Railroad, Sl3,897 80; of
the Galena and Chicago Road $4,000; of the
Michigan Southern Railroad, So, 600.
The Ohio and Pennsylvania Railroad, the Ohio
and Indiana Railroad, and the Fort Wayne and
Chicago Railroad companies have been consolda-
ted under the title of the Pittsburg, Fort Wayne,
and Chicago Railroad. Railroad receipts are
everywhere largely increased for the month of
April.
A meeting of merchants of New York was held
at the corn Exchange Thursday, and it was deter
mined to send a vessel loaded with provisions to
the Cape de Verde" Islands, for the relief of the
suffering poor.
The imports of foreign dry goods at New York,
for the week are double the total for the CORES
ponding week of last year, will appear from the
following comparison:
Imports Of Foreign Dry Goods at Ne,o YORK.
For the week