The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1860-11-14
COM Nj +, Il CT A l. .
The New York Journal Of Commerce, of NJ

The New York Journal Of Commerce, of Mon
day afternoon. says:
The money market continues very much unset
any terms. We hnps for more ease in few days
but confidence appears TO be greatly shaken. and
it will be some time before there will be the same
facilities for borrowing money that were enjoy ed
two or three weeks ago 1t would appear that the
the prevalent sgtations there that have induce i
small capitalists to hoard the coin. AS long as
this run continues the banks there must Re short,
and suspension OF specie payments almost q
| matter of necessity. None of our readers need
suppose that the moned II Etltutons at the south
are dong anythir to help on the agitation The
suspension If resolved on, will not be a political
move. but an unavoidable measure of 6nance: au
thorlZed by the l,esislatu es, hecause to all ap
pearanoes inevitable, whether thus sanctioned or
no. Our banks here are DOING }hsIr ntmo;, to re-
store confidence, and accommodate the pubic.
| The Ledger Of saturday says
Confidence is gradually. weakening, and it's eff
tects tell sen.,bly on prloee. The exciting reports
alarm the limid, and. If persisted in, may by cen
terlng around some weak saving fund or bank.
wpole South is greatly exaspersted, and evidently
much disposed to take counsel from their fee az
of prudence that the North shall avoid all the rr-
tating issues. and by forbearance and generosity
| nothing prejudloial TO their rights Is contem-
| plated or Will be permitted. This done, and the
orr of the affection that has SO long held US In
| family union.
| The Philadelphia Pennsylvania says:
| The week closed a ieverIsh sbd excited
Stock market. and the ay' sales were very mea-
| gre The secession movement at the South Is be-
coming exceedingly grave, and Influences oisas-
| The last week ha, witnessed the Shipment of over
three mlillors Ct specie 70 the South IN conse-
qusnce OF the refusal OF the Southern banks to
and we have too much reason to fear that this ls
| oniy the beginning. II the cotton growers have
hoard temporarily the result of their sales very
serious drain Of specie will be experienced, bota
1 no ms r0va al htGac fer
| must ensue. The same feeling which demands
| gold will check Northern payments, and the pro-
ceeds of the crop will remain in the South leaving
the debt unpaid 1T was expected TO meet. The po-
litlcal as,tatlon IN the South has now financial
bearing of unusual significance, and is brOue hit
| CLOSELY home to every man having note to pa,.
1t the Co ttoR movement is to be made upon the
bssls o. gold IN hand before it leaves the control
| Of the factor and planter. debtors may make up
Losses 1t will lnttict
| NEw ORLEANS, Nov: sth,-The exchange mar
ket Is almost at a stand. Bills on London are in
Tree supply, but there is no market for them ex-
cept at very depressed rates.
sight bills on the North are selling at IA per
cent discount while IN time bills there is scarcely
any disposition to operate.
The money market Is still very unsettled, and
al parties are anxious for speedy letup OF e1-
Sales in New York, Nov. l2.h, of SIS coo Va. SIS
$1,000 N. Co.'S at 90.
Northern MGrkets-[BY TELKGRAPHl
BALTlAoRR, Nov. l3.- Flour has declined to
" cents; Wheat to 2; Corn has downward ten
dency, and cent lower. Provisions dull. Whis-
key duilat2l cents.
NEW YORK, Nov. I3.-Cotton steedy-Oreans
WRea1 cents
heaYy,-Mess SIS e50lsl2; new small lots sie.75.
q. Sugars heavy-Musoovado 6d7. Coffee steady
TrpIpentine and Rosln dull Rice 6rm-4l4 a4sl =
the close there was better fseling-New York
Centrals 707a, VlrginIa's IS. Mlssouri's 7i1s.