Richmond daily Whig. [volume] (Richmond, Va.) 1842-1861, 1860-11-29
COMMERCIAL.
ouucE or rHE VINO. November Is. 1880
a.
The New York Courier and Enquirer, of yesterday,
(NondavA p NJ saw.

THE HANcIkL CRISIS
The New York Courier and Enquirer of Yesterday,
(Honday) p NJ, says:
The money today preseus no feature OF renewal OF the
pressure heavily e: last week The discounts the
bGnL being bersl scale the pressing Of the
however re sured % resume their
Of paper the open market The discount houses
last week but continue hsh Por call loans sclass
eury seven per cent the rate and they are somewhat
Frea paper nOnnay held At and 10 per cent bat there
are few transactions under H. except where the bills are very
short and very strong Single named paper Of the nr grade
at from ~ 5per eeLt and quotations Of other grades
In a great measure arbitrary.
The received here by telegraph from the Asgo Of the con-
dton Of the London market, may 40 Ct operau,ts The
Tie 18Th further advanced ths rate Of Interest T. per cent The
from this side OF falling exchanges has probably before this
port Epeee will be subjected high discount they
negotiable al These would seem to have ten
dency 10 depress the rate In this merke'
The Philadelphia Ledger says:
Wholesome feature Of the times the report from the South
Sarona banks that they Will not .ap.nd specie P msp The
founded this report may do know VIII Their the Charles
ton banks have OF have not properly estimated their strength But
II they NeE Boston banks able to maintain
their position there banks In
suspension We therefore look upon the report as
possible resumption Of specie payments for that nov Tie most
important consderS and 10 accomplish which, all
others Of haaOe business character should ve suspen
scn Is dscred and wherever there d.ered there general
competing points Of country merchants
and will sns be held 10 higher repute There
NORTH rs SOUTH
The Fredericksburg News publishes q singular article
"souhern Northern Knshhosd" from which
copy the following extracts:
is obvious all the signs and facts OF that trade
and intercourse between North and touh rapidly dmnsg
will continue diminish sill rapidly 10 tee future Tie
Democratic party has adopted the old Whs policy Of protecting
home interests ana all parties reJoyed
the snail longer remain dependent the North.
highly probable shall have less trade and e,s nerc
with the Unn, than Of Were the Union dissolved
the tender consnocs Of the Abonns would prick
them sn Ayeh7ldng Being al tnct peoples and
they might be about hodirg slaves,
they about the TurXs holding white slaves hieniy
relations wjud be RESTORED and should be more depend
thm than southern commerce and manufactures
woald decline and our towns would 90 10 ruin
with the North know, from experience will rapidly
build Southern and manufacturer and Sou;hr
ard increase wealth by keeping cspa at home
In the Union hereafter TO have little TO do with the
North In the Union, Southern will rapidly Increase In
trade manufacture population AMI wealth 30 long keep
up the quarrel with the North know from what going
arouLd that all home Interests u Improve and prosper
ami het shall become wealthy and independent let
well alone Osunlon S either bring about desoatng and
inous war will restore anil able relations between the
inlmicd recons Either alternative equally disas
the South continual hot quarrel bsseing every day
less and less Intercourse the sections will be the making
Of Us.