The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-11-23
THE DISPATCy,H d.
fnvnAy MOANING, ....,.,... NOV EMBkk % isS'

THE DISPATCH.
MONDAY MORNING. NOVEMBER 2 .sS
Financial and Commercial.
s.,..,n New York. Friday. Of $500 Va o: at ssS.
ana saso Tenn ss as saNss6 SATURDAY safes we're
mad. OF siooe Va Sc aisS s@eo 40, ~ g. s''V'
No N do " at s., and $500 Mo 40 M1seT 50.
ra. .xn,rt of specie from New York last week
IA. New York Journal Of Commerce. Of Saturday
afternoon, says:
macs from Havana are to the l3th Business wss
very dull sugars are declising aud we note hatfew
srsasacuons. stock At Havana and Matanzas J; .c~o
box treish,s for EUROPE hlins OF Exchange on
LOnion. lu,s 10 II PER cent. premium; OF New foth
IN To per cent premium; United states gold coin
Per cent premium,
Rio dates to the 18th instant. Coffee was scsrce.
The eipts were light eeias mostly old Mnd o. an
inter- II Quality Holders erru Moderate saies at 5s
oi2S'tar interior, and a3s1ef A. tr oet.s;
nsnsT rate. az. ANTICIPATE ke ny nass. white
ead t,ro 10 5 30 erowns
The New York Express rsys:
"tiod is no better than city funds today and the
The ans frses give their dealers all they want for
thc Gu ,tOI tisc aud resumption mas taksn p.sce
lar A. ordrn,ry transactions sre concerned should
sfrrax tI.I, sdvance an gold be again wanted for
cxpat th, PRICE would naturally 20 up again, but /
nat 10 any punt here it. purchase would generous
to bu,eI. sterling is QUOTED los,a GHlO9. win
sa,btst Ilol, There l. now in the city backs sl2.
0oua,d gold winch could lie spared for shipment. |
xilhont eau sink Trouble.
There been les. activity to-day in Wall street.
the cold weather nUx in its hrst advent, having !
kept iosn ST h1ms. bat there IL no especial change
In nDanc,a aHaifs The banks stiil cheerful len
der. arc~ptbls paper is offered. but as thu
des Zip lou ci SECURITY Is very SCARCE they are lot
lkri, Toe xpand tier loau. materially for sume time
a. come. fnos, who expect that Confidence and
credIt can be- Teestablished except upon entirely
ne t,unoatinns, will sud them selves mistaken, Tut
nrf4
Ervss towards that .nsummat IN. Very little new
aud important bustnes viii be undertaken b. those
WAC atone sre aole to initiate progressive move
n .ut, atii they zee where obey stand" In ether
~Irs there must be general ilQuidaton Of Present
indebtedness before there can 10 prosperous r.NE
Va of trade The duty ~ every Que s 10 contrbut"
possible ~ this result, aud as there are
naay in the city who tied 10 iDsctsn until the
Country sends Ia Its dues strons effort shosie be
nl4de 10 move the COPS aud tscin'Ste Collections.
f9rc,sn E1chsase si17ea steadily St IT. or morning
ca signstuses, IUsa leo>s for bankers. lp@llU for
short sight.
Ils styc4 market Is more anmsssG:it opened with
de, iied Improvement IN pric there has beeu
unusual ACTIVITY throughout tie day.
aoEETAR AFFAIRS.
From the London Times 5th inst
The increased feeling of anxiety obser vable In the
city to-day vas owing 10 general anticipation that
advance OF the BANK nf England rate Of discount
~ per cent will immediately take place, the
Applications were a srae III sufficient magnitude
10 warrant the anticipation. There is doubt
however that the we're considerably increased, not
ONLY from the requirements consequent ppoo
Its oetDS he 4th OF the Iusuth, but also from
b-lef tnat rise Is imminent. SHOULD the step ba
aIOpt-dlt will afford Ia, reason Tor diminution OF
Confluence. On the Contrary 10 will show that the
bahke are determined steadily TO maintain policy
which WA enable thrm ~ continue di,couutns fres-
ly every 9ound bill that may be presented.
he urn5 oi tbs Bank U; England exA bit the fsl-
loving results. as compared with the return Tor the
week ending Saturday. October 81:
Coin aud bullion. decrease ESTa0l<
MOI i',uo0' decrease. 7ls,Oi5
PupIi deposits, lncr IA
Government securities, dec sase...........Ia AZ
other securities, Increase. .2.6A
Notes la reseryr decrease. 52S
Active circulation, So
From the London Times Getty Art rle) NuY7j
Tine funds have boon fairly msint 1ined to-day. They
opeted with roIy uuse Tied appeara 1T decline
OF "a pr ceUt, but there ultimately recovery
and although after regular hours sciiou from the
H. nest price sgain tooA piso the market presented
n nppearaher Ut general weakness The first quota
ton Va cOD-'is for monsy ~aHe y S. the two ,aya
later ness from new ioik by tho Vanderbilt having
creased feeling Of diecuui uent bur tho pubic
niao Investments, aud ra!is suUu occurred 10 $50
They then went 10 -, from which they On. = More
rec"vefea to 81 20 oo. rsuianing 81 that point up
The ONO al ci"-e. subsequently IL became known
thai = pank returns would exhibit reduction of
$780, Ia the nots unenIp.oy 3D. sud Of f,12Oi in
Rae nuilon, ana tendency ~ heayIness was again
1nanif 1t sone ran actions bein etfec at So
" "a In u Ihey, auu o7 to Is for til. 1sh of December
The .ecent siies Of stock ny the Bank have near,
eQualn d tue rates in the Stutk Exchange ami dis
Count mai ket, and ga per cent offered to-day for
advances Consols irunl account TO acc ,uUt bank
eA let OF Ut 207 10 1II aud pii stock 80 to 2lJ
TI- Increased va Ue Of money has eousdu raby affc
tn rKet tor the unfuued rites and nd /.
binds quoted 30s. to scount: while Exche-
saer piils .ecii ed on sales 10 Is to IL, discount.
Abe Application ior discount at the BANKS of sng-
Land To-Day were numerous, but No difficulties
uauspIred IN London.
=. The tran actions in foreign stocks have bsen
limited cuIeDy 10 Mexican, spanish and Turkish.
which show no recovery from tue late depression
Tne market generally Is quiet
Aptnt ti3.uu IN oar gold Was withdraw from the
BANK to-day o3te,m soVeresns wer, also taken
sxpoftau III 10 L!soon, where the exchan &c have
been uaIavorably affected BY the interruption to
business caused by the rcoent foyer.
\, Win Respect 10 IL" bank CT France, thu Daily
Paris advices ailege that the bullion In the Bank
OK France. which lately fell t. kTtol il now
n i oeiow sisht millions sterling In the last TO-
Win be published u Xt Friday morning IL Is stated
maj tn, railway compani.s. winch are in want Of
funds viii TO assisted by the Bank Of France ana
viii be prevented from placing bonds On tho
market.
AT Paris the Bourse retains romark able staadpsss
Tue three per cent ntea c.osod to-day ut S. f,r
luone, and 81 Ter the cad Of November showing
ueeiIne since yesterday of scarcely half per cent il
the price Ior money.
As The rate advanced ths amount of money In the
market Is grn uaily reduced in proportion 90 tue
Contraction III business. and the supply and dens nd
are. hus kept in u state of equilibrium There is
nsfsio e, not the slightest fear thar any
sstab ien possessed OF lsgitimts assets will be
Exposed to dItlc uties originating in the condition Or
the mouey market Ali paper acc ,mmodation viii
IL h IS ALREADY been r marked that although tha
oiH;fence bet een hs rates Of and per cent Der
IN I
per eent-may De serious drawback FROM RlI ner-
edute prohts can D"ver aft ct the HoiIdtv of any
a"tsa no. 'tnsrwse impsrilief; Up to the present
IA hneht, tue BANK nave not made Auy alteration tf
their mode OF business, either with regard 70 thu
length OF amount OF bills. their terms Tor advances
the discount houses or any other point and there
- no Pr"und 10 suppos- that they will do ~ An
advance In the rate, with distinction possibly ia
the charge for those having more than sixty d,rs RI
rnn 10 al that is likely De witnessed ana this j.
Calculated TO elect very oh set. The shipments of
Up n &c. t2In 70 AneTics aud India, ara, a,
"a I
an ', ~ all eveuts there must he limit aad that
not di5 one to the conditions (which they can
ee cuhiihued Hehco 10 may DO supposed thst a |
turn must soon rs Witnessed, ana that the psyt !
week Oh two viii be the heaviest tim, Of trial For
Well hs those now suffering from the fall in the pro
uuce markets, there c9l Of course ba no esr ana
from trfloe Losses but these are apsrt ION, an, |
Xts,io re- tIaihs Ihe general charge tor discount
lhey must be born whether the rate OF discount is
"r nrr c+nt and thus lar they have been borne
20 admirably rs % cntitle ELL the parties Engaged to
the nt.uost confidence and assists nee til It can lag
nms,ai' be sf ,roed them The only way In which
the unavoidable mischief we ara called 70 sustain
can be extended or rendered dangerous would be by
e oocurIenos Of panic, but 1t Is TO be hoped may
be spared the hum atiOn even of contemplating |
The possibility Of such event.
The following ID u despatch from Boston, dated |
Friday;
IT has bAen found almost imnossibl e.to negotiate
paper IN the street to-day In consequence ola runor
III Al the principal m-mDer OF of our largest com
in zion houses. WHO'S also ageat for several
lac urnx ,ratons was using the paper of said
corporations. endorsed by the firm. for private |
spec alatono.
The rum u has caused much excitement In fnan. |
ciai circles tho gentleman in question was widely
known an highly respected.
RICHMOND MARKETS, Nov. 7I.:
FLOUR-There IL no change in Flour Tbere are /
limited ses stii 10 shippers at $o.7of75 for SUPER
fine
WHEAr.-The receipts are moderete with larry.
prop defective. The inferior aud dana ii,
a. a dscue upon former rates. We still quote COED
20 prln he'd al $i2ralso; good ~ prime White
CnsN,-Market dull and quotations unchanged, |
atTg7G
oATs-vot 50 stiff. The highes, quotation r. ~,
Pc. hushel