The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1860-11-16
The stockholders of the South Side Railroad met
in p.,srabury on "Wednesday.

The receipts for the past fiscal ear, upon the
Esrosd 70, maj ga - .how
inx loss of Ss9,eSs 10 over the hscal rear oil
1879 Fhls has been due entirely to the compe
tluon Of tue Orange and Alexandria road, which
sas opened upon the goth day OF February. 1850
The receipts from freight for the last fiscal year
show an increase upon the southsiae roaa oil ga
rhe operations of the Southside road proper,
rers aSh m ssH Of a. Observation-Disclosures the
loss By the completion of the range and Aiexan-
dr,a road In PASSENGER ana mail service.
upon its local for the fiscal ear 1859 90
as compared with 1855 %, Of Si96ls 80 of which,
80 6ss II was the l"ss on freisht, and 1851 81 on
passengers. AggregatIng the receipts OF the
Southsde and City Point roads for the past twelve
months, they amount TO the sum OF S405,4'3 10
For the year 1855 3 the, amounted to the sum oil
3Al0.l66 50 Ine expenses for the year ending
earning. For the year pi evious they were 81 per
can't. he increase OF expense 10 due 70 the I'M
pfovements set forth In the Snperlntendent.s re-
port wnichi 1t will he seen are Of a perEaae Mt ia
Inc freight business through City Point. to and
from points on the DanvIiio road, has increased
IN the last twelve moLths over so per cent. the
has. ness through CITY Point. to and from Lynch,
from points west of Lynohburg, over 40 per cent.
| making an increase OF freight business to and
| from City Point, Petersburg and Lynchburg tine
three principal Offices the road of $50 Si5 so,
Excluding the business between City Point anu
nesSs to- the reported increase of tonnage. Ths
freight business between Petersburg and points
| on the Richmond and Danville rosd, and between
Richmond and points on the South Side road and
| est OF Ly nchours. and the Norfolk and Peters
burg roads and The same points taken IN oonnec
| ton with the above statements-wili suostan-
TALLY account for the increased freight business
| of the south-side Railroad proper, TO wit SA,-
Oo3.A
| An agreed tariff Of tolls has been arranged be-
! tween the James River Canal Company and this
company, which 80 far has operated. in our opln-
ION, TO the advantage of both, and which has not
within our knowledge, been violated by either
nj r
| RANGE nents have been catered into between this
company and the Norfolk ana Petersburg, the
| Richmond and Danville the Virginia Az Ten
| nessee, and the East Tennessee and Virginia
| Railroad Companies for the lnterchanse OF cars
and otherwise Tor the proper expedition OF TINS
| business Of the re psotiye lines.
| The Cincinnati Commercial says:
The political condition of the country and the
| financial pressure at the South having an eff
alarmed even Sc uousiy une asy, IN conse uence
OF anything that exists IN this regard, are exer-
cisIng more than ordlnai caution and paper pay
| able at Southern points outside OF tie leading
| commercial cites, such as rev orleans. Mem
pms, Louisville, Nashville and Baltimore, Is ne
| gOtated With difIcuity. But, excepting the last
| named class of securities the market remsIns IN
comfortable condition FOR good 30, 90 and 80 day
business paper the regular houses takinK all that
| is offered by their customers a. l0Gl2 per cent
! The movements IN the exchange market are a bet
ter indication OF the character of the under
rent in financial affairs, SO lar regards The ex-
istence OF gloomy toTebodngs or general dIstrust,
| than the immediate pulse of the discount mar ket.
Looking at this, therefore. IL Is found to be anti
panic dec 0edty Wnen ponpie ger lTls ntoneO, eX
change, which is the equivalent of gold, rises. 1t
| IS not the rIslpg scale now, but the opposite
The markst on Saturday was dull and heavy, and
| the buying rates declined to q premium for New
| York and Phade, phia, and I5r2D Tor Baltimore
and Boston.
| NOBLE, Nov. l3.-The advces by the two last
| steamers have caused d buoyant feenng IN the
cotton market, and the sales yesterday Teac ed
600 Daies. at l0I 1lIc for mlddns. lhs receipts
at this port alone since Saturday have Ueen SOC
| bales. reights are steady at 1879. Exchange on
London nominal, ga 16 per cent. Money matters
rather unsettled. Inc exports of cotton To Eng
land from TINS port during the week were only
0O0 Bales
NEW OaLEANs, Nov. 12.-The exports of cotton
hence to England. the past week, we've 1900 bales
and to HavIe ii 90. he receipts during the pas!
three days were 2i,0o0 bales.
Exchange on London Is down 10 per cent. and
sight drafts on the North have also been down as
low s. per cent. discount, showing more conf
dence IN the future.
Bosroa, Nov. l3-The weekly bank statement
RhnWs the following foOtInRs: