The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-11-17
aFinanciaI md Comms,oial.
Ths New Orleans Pieayuns, Of the 10th inss,
tI,a f,,iiawi,yw sl,out tho hanks there:

Ths New Orleans Picayuns, Of the 10Th inss', nes
the following about the banks there:
Tho bank stassments OF saturday havs gwen
fresh impetus to the movements OF trado W sh. -
ing the increased strength OF the banks ahu VIZ
perfect confidence In them wrff has been revived
in the community. The resumption 10 Iu,i " so
fCitizens Bank has been accompanied py an
IN her coin Of more than million OF sa,an
followed by an Increase Of deposits TO nearly sever
hundred thousand dollars, with curtaimen' Vi
her loans Of about $4,000. 1t.
In the aggregate, there was an increase OF eo'n
In all the banks. amounting to over Si,'so:o"o,
decrea.e in the circulation Of $fl2.00o. ana cur
tament Of loans Of s6To,0oo. This, with an IN "a,
crease in deposits of more than million, tells Wen
for the solidity of the merchants and tue oahAs y,
this city. like exhibit could not be maze 'n any
other city.
The most practicat view to be taken oil tue
wholesome effect of their curtailments II to com
pare the positions OF the banks now WIN 'naI
Which they reported last, previous to the paul, .
week inss 0ctober-the statements oil November 'th
with those of October 10th.
This comparison shows that they are now srong-
than they were then, by decrease OF clrchIh.'o
Of 81 1857 AS decrease of deposits, ,4o anu
an increase of specie of $l56 2D3-a total oil s''o,
05l of decrease in their cash liabilities, effected
with a curtsilment of loans amounting to sZ,svo,-
0o0
The View Orleans Picayune has the following
summary Of the tobacco trade for the week ending
the Sth inst:
There has been some inquiry, and we under
stand that few lots have been sold, out all par
ticulars are suppressed, and are unable TO state
the quality or the prices, and We still omit quota
items.
The receipts of the week embrace 40 hhds,
against 80 for the corresponding week last year
The total receipts since the LIST Of September nave
been 93S hhds, against 1912 to the same date last
year.
The exports of the week embrace 1904 hhds; OF
which 1027 to Cadiz, and 81 to Genoa.
The total exports since the LIST of September have
been 1854 hhds against 1887 to the same date last
year.
The stock on hand this evening Is 10 hhds.
against 1871 at the same time last year.
TIE decline in breaistnffs in Europes
have been caused in part by the report that France
had reconsdered the prohibition to export grain;
there also general pectation that ueh chea-
or purchases would be made this side, in conse-
/ gusnce Of the financial pressure here. The New
FORK Tribune says:
With the exception of f'0OoO or f6OOo0 Of bills
drawn by Garner \ Co and Brand Co. v hich have
back We hear of but few bills returned by the
Arabia. SOM other bills have been protested. but
protected by other parties for the honor OF the
drxwers. We do not hear of any bills ON the Bo-
Mrssr,. Denpistoun, Wool a Co. are connected with
this bank as stockholders. but not, under
stand in any other way affected hy the failure. The
trorbs with The Western Bank Of Scotland will
have = less important bearing here. from the la
that bills drawn upon il have been syOrites with
rrrnitters for .ome time pat TIE Arabia brings
fair amount of orders for American securities espe
ally for illinois Cent? al The adyces Of tho assign
nent of this Company created but little excitement
in London. and do not seem TO have seriously impair
| ed confiderte in it's ultimate value The private
letters generally hopeful and anticipate that
affairs will soon put improving aspect
The amount of specie in the New York Subtreasu-
~ on Saturday was s3,2e3,25S. decrease OF s31j
week. The eIporte of specie from New York last
week to foreignI RI amounted to $6g7 6i9.