The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1857-11-19
THE DISPATCH.
Financial and Commercial.


sales In New York. Tuesday. Of the following
cNy. esa So s. 100 do. Sa1s, and $acoo do. 81
~ 0o North Carolina Is At So.
3 THE New York Journal Of Commerce, of Tuesday
afternoon. says;
There il little less activity in the money mar
ket bet this appears % De n@isg eni.hy 70 the small
note brokers have been making very small sales of
bunes paper for the reason thar most of the sigma
tnres which would be saieabie sought after by
the banks at even less than legal interest We look.
no Sever for more activity confidence increases.
and general trade revives.
The prop >siiion Of the Grocers' Sugar Refining
Company 10 even less favorable 10 the creditors IMAM
we stated this morning The off If tn" trustees to
tire credit We now understand VI Is ~ pr ht
in notes at four, eight or twese nonth ana ~ per
cent more IN stock IN condition 81 r"'.nse &c
" Foreign Exchange Is inactive since tl cio>'uk ~
the re GUITAR mail but drawers are hrm ~ Tue Is'e'
quoted this morning
The London Times ofthe 9TH says, that under ap-
prrhension OF s. tHrtheT rise 'h i"teS w ''' '
"kbStt CO. a0l in bar gold was withdrawn from
the Ba SIX on tho for exportatlon 10 the c,hunchI
sxIei 80 O ue tai 1 TO America sad slewheTet
anFi the toy oment should continue. without some
large arrivals from Australia. an advanc" ot the
WaSk rate of discount 9per cent must be regarded
as not altogether improbable.
In several instances houses which have lately sus
pended and submitted their accounts to creditors
have been discovered TO have followed the practices 81
fsb icstuz accommodation paper.
The Superi ltendrnt ofthe San Francisco Mint has
given notice thitih establishment would be c'osei
further notiCA the 81 - ~ October. order
% the annual settlement OF the accounts OF the
Coiuer a:d M-lter and Reintr As Their, was an
abundance Of co.'s in circulation and about Ali the
du.t tha. coming down from the mines was need
cd 20 make bars Tor shipment. Inconvenience was
appreheudtd from the suspension Of operations ior
month or tive nj the mint.
The Legislature Of Vermont has passed bin re-.
lating 90 Trustees Of railroad mortgages. giving the
bond holders the management of thtir own proper j.
bv their rights 10 choose Their trnsterrs. to
form mex corporations making their bonds into
stock This is change which has long been desired
by the holders of Vermont Central anu khttasd and
Burlington securities, a. they now have an opp,rt
nifty of max NJ change in the management. itthey
think their interests not properly looked after.
The receipts of the Ohio and Mississippi Road for
October were ia round numbers, one hundred ami
sixty Ave thousand dollars OF this amount some
thing over one hundred and ten Thousand dollars
were from passengers.
The LONDON Daily News City Article says: "rhe
American news points to the probability of contin-
ned shipments of gold from this country To \. York
and this feature coupled with the steady drain Of
gold from the Bank Of gland. has caused revi-
val OF the apprehens of fresh RESTRICT at that
establishment The Withdrawals of gold for export
since saturday morning amount TO G22n,Go0. The
final quotations Of Consols TO day fully 81 per
cent worse than those of Saturday. In most OF the
other departments of the Stock Exchange gloom al
so prevails. English Railway Stock exhibit in MANY
instances fall of y to per cent 1t is feared that
the depression in the manufacturing districts will
check tratfi'.
The strngency in the money market exhibits no
mitig4ti Many establishments decline to do any
busine.s at the minimum rate of the Bank The de
mand st the Bank. consequently, continues active.
The LONDON Times says that in several instances
the houses, which hay. lately suspended and sub
mtted their accounts II the creditors have been lis
covered 70 have followed the practice of fhrcating
Circumstance that many of these who are swept
away by the present storm persons whose reno
val from the field of enterprise Ia advantage i'll
stead OF "A calamity.
The following is n comparative statement of the
condition of the Banks OF the city of New York. Nov
Tth and Nov. lfth: