The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-10-27
rinanoial and Commercial.
rrruwoND MIETETg. ocr. d.

A4C4k9&OktD - n - N 80 WI SPs
<1he pressure continues to have ~ influence upsn
tfabe. There Is very little doing, and merchants
and dealers generally are pursuing cautious poll
CT taking care Of themselves best they can, and
avoiding any ENHANCEMENT In these times OF appre-
hension. There is, however, better feeling. We
know the worst. at least, and people are calm snd
hopeful. The next change must be an improvement;
and II h 70 be hoped that alewimonths VIII restore
confidence and revive commerce.. The arrival OF
great numbers people from the country to attend
the Fair has impaired considerable gaitty to the
city. and will give our merchants and retailers
busy time.
MosEr AND ExcaAssE.-rhe money market is
tight enough, but not 70 heavily pressed it has
been. The chief difficulty encountered now - with
regard to exchange, which Is very high; We give
change should be so high, and Jet more singular
that the premium drafts on Baltimore and Phiiae!-
ha should h sniy mall Is 70 i owng
doue {, TO the non-payment OF very large part OF
the northern acceptances drawn by or merchants.
and to the staguatioB in trade now. We have been
unable to get that which Is due as at the noftn:
We shipping but little, and Therefore have ittIe
to draw upon while our merchants continue TO main;
tain their credit by paying their notes as they fall
due The exchange on northern funds Is heavy
burthen upon then;but thsycontinue tostand up I'M
frrj.aaoe--on New York Io@Dl2 per cent on Phil
adelphia and Baltimore jG6 per cent.
North and South Carolina Bank Notes "a per
cent. pr e &aRacco very small
also the receipts; prices have advanced in the ast
@s5o interior leaf s7@s; good seaiI; fine ship.
| ping in market some few hhds. OF new priminSs
| offered which sell at from 81. @3.1:
FLOUR-There is nothing doing in Flour we re-
pss Tbeps f BEEN limited sales at these
prices and there have been also some limited SNIP
ments on account of millers -. =. 49,.
WHEAT-Firm at 81 MOLE for good TO prime
red; 81 I30dl3j for good to prime white-Teceipts
limited.
CORN has declined. We quote it at 75@so cents
| OATs-Receipts light, and we quote IS cts. per
BaCoN.-T'he steck has increased, and the mar
ket is not so stiff Wequste sides Il cts shoulders
| 100 hams i66gl5 cts. 49, o.,
nons Cuba 81 Gry4; Porto Rico $40 l04: Loaf I3e9
1874; Crushed Powdered i2o liza; A. Coffee IL b.
C0FFEEGMarket quiet We quote Rio li'4@
i2lsc., as to quality and quantity; Lasuayra iS'a@
| Y~Richmond Rectifed 2i1s@26 cts.
The New York Commercial of Saturday evening
says:
Business generally is very dull, but there is
| ticeabe change i'll the aspect. AscOmpared with the
last week there is little more doing in mercantile
| gether too unsettled 10 admit Of quotations. We
have heard Of some paper being taken at Va per
cent. month, but that is considerably below the
usual rate, and should think that to per cent
would more truly represent the market.
| Foreign exchange continues dull and irregular,
some of the large sellers refuse to draw below 100
| but the transactions are mostly 1T io09Iq
| We are informed that Messrs Robb, Hallett 4 Co
had sterling bills returned protested for MONACO
ceptance, nor do they expect any The bills on the
Commercial Bank OF Liverpool are all right. and
| from the information we have. we believe will be
paid. There will only be about $1,000 on their own
| house returned protested for non payment.
| We understand that dispatch was received from
New Orleans which speaks confidently of the ability
| Of the Bank of james RObb TO fully sustain itself
We understand that the amount of State cui rency
| for which the Metropolitan Bank has issued certii
Gates. amounts at present to about three millions
| notwithstanding the assertion made at the country
| bank eetIng ON Thursday, that the city banks
would not be able to obtain more than single mil
| lion of country paper with which to pay Their
| balances.
| The Herald of Sunday says:
| Only few weeks ago the transactions at the Clear
/ ing House in this city amounted TO some twenty
eight millions daily now they are not above eight
| mercantile community have largely increased
Wholesale dry goods dealers have thrown open thci
stores to retail purchasers ard are said to be receIy
ing more cash than they ever received before IL Il
the city is fully proportionate to the falling OFF IL
| transactions on credit.
| MONTICELLO BANK
| CHARLOTTESVILLE Va, Oct. II, 1851
To HENRY A. WISE, Governor of Virginia:
| DEAR SRI herewith hand you comparative
statement of the condition of this Bank TO the %
inst. The two weeks preceding the Is. of October
| We had q constant and heavy demand for Coin from
| Northern and Richmond Brokers, and were unable
to use our New York balances; hence our Coin was
| reduced below the amount required by law. Our
suspension occurred the 2Sth, and all depositort
| who called promptly paid In the notes Of
Banks then paying specie.
Very respectfully,
b. c. FLANAGAN Cash'r.