davidaulloa/AmericanStories huggingface dataset:
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

WHAT GREELEY SATs.-l. l XIV OF no
considerable or influential portn oil the
people, North or West, TO expecpr desire
anv general Tor otneD confs'tlon OF
southern property. | am perso.ily &C
n,,inted with most abolitionists note
Gcrrit Smith, Charles Sumner, overnor
Chase. &c. and not one of thenavors .
policy of confscation. Thad. stems ana
General Butler may be exception Gene-
raj Butler being a new convert ON the
Democracy. -, ,
2. Even the tax on cotton-sough /
think il falls Especially mainl.on the
consumer, not the producer-is ctain to
I've taken off very soon. Ii Is stained
only because of the need of locai'yenue.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

GRAND LODGE of MAsoNs.-The Grand
Lodge of Virginia met on Monday evening
at the Masonic Hall on Franklin street.
Our "local" was not admitted, and can
give only such reports as he picked up out
side. We learn that there was very
large attendance. N. W. E. II. Lane,
Grand Master, presdes Of course. There
are said to be representatives, or delegates,
or visitors from the Grand Lodge of Ire
land, the Grand Orient Of France, from
lodges in the British American provinces,
and from several of the United States.
All portions Of Virginia are represented.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

INSTALLATION SERvIcE.-On Sunday the
I'd instant tho Rev. Theodorick Pryor, D.
D., was installed pastor Of the Presbyterian
church in the county Of Brunswick, Va,
by q committee of East Hanover Presby-
terry. The Rev. G. H. Read, D. D., preach
ed the sermon, the Rev. John Miller pro-
posed the constitutional questions and gave
the charge to the pastor and the people.
The congregation was large, and the entire
service was most solemn and impressive
Central PysSbvteriQn.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

The SOUTHERN ExILEs IN Mo-
Judge W. s. Oldham, late a Gde-
rate senator from Texas and exile lex
leo, has returned 10 that State. Thous-
ton telegraph states that the causetlisl
rendered his selt-expatriation nesary
have been removed, and he will htfor-
ward make Houston his home, and lme
the practice Of law.
The management of the Vera C.and
Mexico railroad was the cause Of vir-
tual Punishment of Lieutenant hsu-om
Mexico. Aaury, having been apted
Commissioner Of Emigration and CiZa-
iion, had his eye fixed on promotisnd
wished to Supplant the Mexican Grail
Robes as Minister Of Colonizatisnd
Public Works. In the affairs of tail
way company deficit was discoy, of
I72,000 sterling, and il was intly
charged by Maury and his adhereIhat
this money had found its way inhs
pockets Of Robes, to render him b to
the many malpractices of the railw,fi-
Gals, whose labors it was his duty to oh
and oversee, as Maximilian's publiea-
sury was largely contributing towah
enterprise. Tie intrigue was timee-
tected and exposed, and Maury a.
ciouSly permitted 10 depart"
The colony Of southern exiles at Go.
Va, under the leadership of Generals &c
and Magruder, is also broken up. "
are said to have demanded the grant <
tended privileges from Macmillan, n
lie refused, and many who trusted ts
fair promises of these two leaders lot
only their fortune, but even their La.
and some their lives.
I'VE copy from the New York TIM .
above extract, which We give for whGs
worth. The story about Admiral "
is Of course a slander.l
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
Tsruc.sce Finances.

NAsEvrLIE, December lo:-Quits an ex-
citement was produced in the Legislature
to-dav nv message from the Governor an
nounc;ng that the State Treasurer, with
ont any authority whatever, had last June
lnsned 70 the Tennessee National Bank Of
Wsmnbis over sSOO,oO0 In United States
bonds. ~ an
yesterday. A joint committee was dis
PATCHED in hot haste to Memphis to sndea-
ror TO withdraw the money.
A bill has passed its last reading extend
ing loan of over $4,000, 900 to the rail-
roads Of the State.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

The oReial rs.urns Of the Insurance Commits
sionen of New York and Massachusetts, place this
Company among the leading life corporations OF
the country, ITS PERCENTAGE OF ASSETS TO
LIABILITIES BEING GREATER THAN THOSE
OF MOST OTHER COMPANIES.
POLICIES issued on all the various systems Of
the usual rates, and the most liberal inducements
offered to members.
DIVIDENDS PAYABLE IN CASH, or made re-
vSrsionary. - the assured may elect.
PREMIUM NOTES for portion OF the annual
payment will be tskenif desired.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
FINANCIAL AND COMMERCIAL.

sEPoRT OF rHE TOBACCO MARKET PoK THB PAST
TWO DAYS.
TOBACCO EXCHANGE, RIcHxoSp, VA,
December IL, 1866. !
Breaks and Offering. small. No change to
note in prices. Below we give the transaction. ::
Twenty-seven hogsheads, nineteen tierces,
twenty-nine boxes, and sixteen parcels loose
opened, offered, and sold as follows:
Loose.-New Tugs, common, ~ to $50; new
Tugs, medium TO good working, 81 TO So; new
leaf, medium to good working, So TO SIS; new
leaf, medium to good stemminC, IS to sH.
Hogsheads. Tugs, common shipping, % to
40; old Tugs, medium to good working and
shipping, IS 10 IS; old leaf medium to good
working and shipping, !: TO sl5; old leaf, fine
TO extra, nominal.
Teress and Boxes.-New fancy wrappers,
medium TO fine, $50 to 300.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

THg TRIAL OF JEFF. DAyIs.-It 10 re-
ported that Attorney General Stanbery
has decided upon the trial of jeff. Davis at
Richmond some time during the spring of
1867. John Surratt, recently captured in
Egypt, and now on his way to this coun-
try, will probably be placed upon the wit
ness stand at the Davis trial, his completely
with the conspirators rendering him valu-
able witness in regard to tho part played
by the arch traitor in the assassination
scheme -ForneyS Chronicle.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

Two TRAINS DAILY.-The convention Of
railroad managers lately assembled here
for the purpose of securing through and
uninterrupted connection between New
York and New Orlean. has adjourned,
and We understand two passenger trains
daily will be commenced on the Orange
and Alexandria railroad during the next
week .-Stdr, l0M.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

Coon NEws.-We are pleased TO be ena-
bled to state that we have learned from an
authentic source that there is scarcely .
doubt but that the contract for the speedy
construction of the Covington and Ohio
railroad will be closed by the lst day Of
January, which will insure the completion
Of that great work within two years.
Stanton Spectator.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

The CASE OF Mr.. DLvIs.-Thers is the
best authority for saying that the Pre-
sident has positively determined not to in
terfere in the case of Jefferson Davis by
ordering his release on parole, but he will
remain where he is until arrangements can
be made for his trial some time during the
coming spring.-BaHins0re Sun.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

MACMILLAN TO VISIT Us.-W.s
told he proposes TO make a tour, llr
a strict incognito, through the Uni
States, of which country he is great
mirer. lie often expresses his wish Ia
the North American Republic and its
pie, whom he often called the greatest
tlcalpeople OF the world.--Ne,c York Is
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
Juarez and de rehuansepcc Grant or Maximi-

WAsHIsoroS, December 1.-THE recent de-
cree by the JuareI Government declaring for
feited hsgrant TO tho Louisiana Company BY
Macmillan for a railroad across Tehuantepec,
and granting like franchise to the Transit
Company, attracts much attention, and espe-
cially from the fact that Caleb Gushing has
rendered an opinion in favor Of the latter, and
regarding the action OF President Juarsz A.
final and conclusive.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

Who would not be beautiful who would not
add to their beauty What gives that marble
purity and diStingut appearance we observe upon
the stage and in the city belief 1t is no longer
secrst. They use Hagsn's Magnolia Balm. Its
roughness from the face and hands, aud leaves
the compile ion smooth, transparent, blooming, and
rsyishing. Unlike many cosmetics, II contains no
material in curious to the skin. Any druggist will
order IL for you, il not hand, 81 80 cts per bottle
w. Z. HAGAN, Troy, y. Y, Chemist.
DEMAS BARNES & Co,
Wholesale Agents, New York.
SARATOGA SPRING WATER,
sold By all druggists.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

Advices from Constantinople state ,
the means OF the Cretan insurgents are
haaSted, and that they are unable Ion
70 resist the reprcSsiye measures VI
Turkish Government.
The Russian Government has annuI
ihe special laws of the Empire in relal
70 the Church. Her relations with
Fspai Government have been suspends
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

SiRIOUs ENCOUNTER wITH HOOP ST
Yesterday afternoon, Mr.. Haydn, Of Ia.
deiPaia, was turning corner in l..
whe' he unwittiugly drove his boot !
the ioop skirt Of young lady, and be
he could recover his equilibrium, !,
thrtwn on the sidewalk in violent !,
ner knocking out all of his front teetld
I3)oripg bis face very seyerely.-Ne,o I
Head, 10th.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

tits q most delightful Hair Dressing.
Ii eradicates scurf and dzndruf.
Il keeps the head cool and clean.
It makes the hair rich, SOFT and glossy.
1t prevents hair turning gray and falling on.
1t restores hair upon prsnaturely bald heseA.
This is just what Lyons ksthairon viii do IL !,
pretty-iI Is eheap-durabls 10 Is literally sold by
the ear load and yet its almost incredible demand
Is daily increasing, until there is hardly country
store tha does moi keep IL, or family that does
i. THOMAS LYON. Chemist. New York.
SARATOGA SPRING WATER,
sold by all druggists.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
PURELY MUTUAL.
KNICRRRBoCKE
LIFE INSURANCE. COMPANY OF NEW YORK.
oYYIe,. No. Isi BROADWAY.

ERASTUS LYMAN. President:
B. +. JOHNSON. yies. President and Manager
of Western Branch once, Chicago;
JOHN A. NICHOLS, Manager OF Southeastern
Branch 0nics Ut Baltimore;
Colonel AARON WILBUR, Manager Of South
srn Branch once. Savannah;
GEORGE 7. sNIPFEN, Secretary.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
The Condemned Fsnian. In Csnads.

MONTREAL, December ll.-All members Of
the Executive Council, with the exception of
d Arey McGee, left for Ottawa this morning
They positively assert that the rsprlevs
granted TO the condemned Fenians Is not ae.
eompanisd with any hope for their ultimate
pardon 80 long as the Fsnians menace Canada
with another invasion.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
baldwin CLOTHING HALL.

TO THE FREE AND ACCEPTED NASOEs NOW
VISITING OUR CITY:
THOMAS 8. BALDWIN d CO., CLOTHIERs.
CORNER OF MAIN AND TENTH STREETS.
extend cordial invitation TO each and all OF you:
Also, to the STOCKHOLDERS AND VISITORS
OF THE RICHMOND AND DANvILLB RAIL-
ROAD COMPANY that meet In our city.
Don't forget our beautiful store, CORNER OF
MAIN AND TENTH STREETS.
We have the CLOTHING TO PLEASE YOUR
EYE AND POCKET, and made In the BEST
MANNER.
debit THOMAS 6. BALDWIN co.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
South Carolina on Emigration

South Carolina on Emigration.
COLUMBIA, December 1.-THE South Caro-
lima House OF Representatives has passed q
bill for the encouragement OF immigration
from Europe, with view as well for perma-
manent settlement as residents as for the
tillags of the SOIL
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

A qua DE MAGNOLIA.-Ato toilet de
n light Superior to any cologne used TO bsthe
the face and person; to render the skin soft and
fresh; to allay Inflammation to perfume clothing
Southern Magnolia, and Is obtaining patronage
quite unprecedented Ii Is favorite with actresses
and opera singers. IL is sold by all dealers a. one
dollar, in large bottles, and by DEMAS BAkakS q
Co., New York, wholesale Agents.
SARATOGA sPEING WATER,
sold by all drUggisiS:
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

whether or not tbs Government did not disrs-
gard Its contract entered into to secure the
surrender OF an armed enemy"
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

LYoy's EXTRACT or PuRK JAMAICA GIssBR-for
Indigestion, Hauses, Heartburn, Sick Headache,
Cholera horbus, Flatulency, Sc., whore warm
and entire purity makes ii cheap aud reliable ar
tcle for culinary purposes. Sold everywhere, At
30 cents per bottle. Ask for "LIoE's" Pure Ex-
tract. Take no other.
SARATOGA SPRING WATER,
spl1-ly sold by all druggists.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

Heirnstreet's inimitable Hair Coloring IL not
dye All instantaneous dyes are composed OF lunar
cdustic, and more Less destroy the vitality and
beauty Of The hair. This 10 the original Hair Co.
loring and has been growing in favor over twenty
years IL restores gray hair 10 its original soor
gradual absorption, in most remarkable manner.
II is also q beautiful hair dressing. Sold in two
sixes-so cents and sl-by all dealers.
G. HEINSTREET, Chemist.
SARATOGA SPRING WATER,
sold by all Druggists.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

OPTICS srPERIsrESpBsT CRY ALns-aorsa,l
December 7, lsss. (
PROPOSALS WILL BE RECEIVED
Il atths once Of the Richmond City Aims house
until 10 o'clock on THURSDAY. the iath Of this
is... 'a osE Hha DRsD saad as many more IS the
COMMITTEES for the relief Of the poor may authorize,
CAST IkuA BkDSTEADs, with
LATTlCED HOOP IRON BOTTOMS. The bad
stsads to be ak feet long and thirty three inches
vide, and 10 weigh st least Zoe pounds. Further
Information will be furnished upon application.
% I'D o. y. ploeRR, supsrintsadsnt.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
JEFFERSON CoCSTZu I
November IA, 1857

ANO'NhAbsa WV
Susan b. anthony, Secretary African
Equal Rights Association:
Madam, -Yours of the 9th instais re-
ccived, and / desire to say in repl.at l
am now, and ever have been, the AGATE
Of equal and impartial suffrage to citi-
zens of the United States who hayeived
at the age of twenty -one years, whre Of
sound mind, and who have not disqi6ed
themselves by the commission any
offence, without any distinction on cunt
of race, color, or sex. Every ament
that ever has been or ever can be mced
to prove that males should have fright
to vote applies with equal, if not alter,
force 10 prove that females should Ssess
the same right: and were i a ciin of
Your State, / should labor with wever
Of ability | possess TO engratt thesGnci-
pies in its Constitution.
Yours very respectfully,
B. F. w.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
DISPATCH JOB PRINTING HOUSE.

DISPATCH JOB PRINTING HOUSE.
This establishment has been furnished with an
ENTIRELY NEW OUTFIT OF STEAM PRESSES
and IMPROVED MACHINERY. and with every
thing in the TYPE DEPARTMENT thsttho best
Founders could supply, and is now prepared to exc
cute orders for every description OF
PLAIN AND ORNAMENTAL JOB PRINTING
For Merchants,
Manufacturers,
Mechanics,
Auetioneers,
Banks,
Railroads,
Express Companies.
Insurance Companies,
Hotels,
Restaurants,
Theatres,
Concert Halls,
Clerks Of Courts,
Const2blss,
Lawyers,
D0''0r'' Dentists,
Colleges,
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
pERscruA1..


NoTI0E MsssHs. rod idI{3g I RiDl
~ DICK I co. o. this cay, having, By ssslgn.
msnt duly exseutsdr bearing Oats On ths setS u
November, 1863, and recordsd in the Clerks once
Of Riehnoad Huadnss Court. 'eeayey a ri Dc
asseu snd shecu o. SAID nrm 70 the nndsniGned
n2t!es u hereby given that al psrsons INDEBTED o
undersigned as such assignsr, and all persons
having effects OF said fYm In thsir hands or un-
der their control are required 10 hold the ZANE
subject TO my order. EDWARD 7. CANNON,
del-b 49, Treftes.
NOTICE.--Mr. WILLIAM X, POLK,
AL. e e. e h.ySSs ~ sss snS &
Ia the clerks once Of Richmond Hastings Court
assignsd and conveyed 10, ma all his ZEAL and
PERSONAL ESTATE upon certain trusts In said
deed dselaTsS notice 4 hereby issn thss az per-
JUDGMENT, OPEN ACCOUNT, or othsrwfse, arc
requested 70 make payment to me - sueh aasianes.
and all persons having effects Of said w. X. Polk
10 their hand. are required 70 hold the same sub
feet 10 Isg order. OFT .EFTElF aHn gyfld
RIcHHosp. November -. lses. no B-h
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
,ssislcssiesA Or CssteA ~ New O.
leans.

speeiaI dispassh 70 INC
New ORLEANS, December s.-Herea'tcr
the classification Of cotton In New orleans !.
will be in conformity to the Liverpooi
classification, and quotations Will DO made
and published in accordance Herewith.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

RE-EsTABLIsHED PosT-oFFICEs. - New
London, Campbell county, W. Lyle post
master; Dickenson's, Franklin county,
George W. Brown postmaster.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
WHAT THE PRESS SAYS.

An sminently sound and reliable Life Corpo-
ration. The management are from among our
best business men, and are noted for integrity and
honorable dealings. The Company offers the mos!
liberal advantages to membsn"-Tev York %
server.
"To sound pssunisry basis 1t unites An intel.
ligent and careful on.rol."-1sanSelist.
None OF our Life Companies are making better
progress in we'll doing ."-hation0I Qusrtsriv Re.
Uisto.
eve regard the Company ss being under excel
lent nagsment, and in . sound financial condi.
ton. - The ksthodsa.
"ns annual statement exhibits . vigorous
growth. isssafs and reliable Company
dspendert.
"shous fr,t-slass management and ability
NEG York Commercial 4dvertisT.
"a good Company beyond contingency ."-7rt.
bgne.
Sound. solvent, and Anusat."- Wall Stree,
Undsrwriter.
"Ths knickerboeksr is in the front rank Of
American Life Insurance Societies. We can hsarti.
ly commend the once a. one worthy OF implicit
contdsnss ."-R0ilread Journal.
The undersigned, general agents for tho State OF
Virginia for the above excellent and popular Com.
psny, are prepared to receive applications for
LIFE INSURANCE,
on all she various systems, At the usual rates.
al
for agencies OF the KsICKERgoCKERs t oil prom
inent points in the State, and will place agencies
in GOOD HASDs on very favorable terms.
The KYICKERBoCKER has complied with tn,
deposit law OF Virginia.
THOMAS II. ALyRIBND 4 SON,
General Insurance Agents, Richmond, Va.
DR.. o. r. MANSON, Medical Examiner. dc 4-ts
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
A'' 80 g. G. TARDY.
COMMISSION MERCHANTS.

SEABROOK'S WAREHOUSE. The
- inspectors Mt this warehouse are prepared 20
receive all loose tobacco sent to any commits
sion merchant. Our sales will dominance =. the
warehouse at Q O'Clock every morning. Every
facility will be given to all sending tobacco 10 this
warehouse. SHEPPARD JETER.
no 2o-Im .. # N.#A NN va *
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12
DISSOLU-TTONs,

concern Of
- TARDY & WILLIAMS having bean ranged
Germ will only be used by either partner In wind
The concern OF s. G. TARDY & co. is this day
Dissolved by the withdrawal OF JANIS +. WILL
LIAMS. 8. c. TARDY having assumed the re-
sponsibilty OF the payment Of the debts Of that
concern will alone beuutho from this dste 10
sign the name Of 5. c. TARDY 4 Co. All peIsons
Indebted TO the concern viii thsref9rs make pay
'' " JAMES 7. wiLLlAMs. !,
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

SENATOR WADE on FEMALE Sp,AdI.
The following letter was read at thecent
meeting of the American Equalights
Association:
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

A L. SHEPHERD & CO., General
IA. Commission Merchants for tbs sale OF TO-
BACCO, WHEAT, LUMBER, &c. All businsss On.
trusted TO our care wiz receive prompt aitspti9g.
Atkinson, and late Talman q Harris, II associated
with us, and viii bs pleased to serve. his old
friends and the former patrons OF the two late con-
Germs. once corner Eleventh and Canal streets
" 10 4. ..... e. ...st. y rs.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

The undersigned will continue the AUCTION
and COMMISSION BUSINESS at the old stand,
corner Of Seventeenth and Dock streets, where he
will be pleased to the patrons Of the late firms.
All business entrusted 10 his care shall have
prompt and fslthful attention.
In Withdrawing from the concern sf 8. @. TAR.
DY CO., return ny sincere thanks to my
friends for the very liberal patronage extended 70
the above 6rm, and reqnesta continuation Of the
same TO my late partner Mr.. 8. G. TARDY. LIZ
no 2?-u JAMES T.. wILLIANS., (
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

MILLS q RYANT, TOBACCO EX-
AND CoMYissIoN MERCHANTS Tor the pur-
chase and sale OF LEAF AND MANUFACTURED
T0BACCOs. Orders solicited. Liberal advances
made on sonsignments Refer TO A. ". HAEvsI,
President National Bank OF Virginia JlHEs
THOMAS, Jr., Esq, Richmond, Va; hessp. n.
MESSENGER 4 CO., New York Hessrs. JoHssoE
THOMPSON Boston. Mass jyALu
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-12-12

lust RECEIVED AT 1920 MAIN
81 STREET another lot OF GENTLEMEN's GRAIN.
HUNTING, and FISHING BOOTS sizes from four
10 eight Also, fne CALFSKIE sEWED BOOTS
and ladies' hns BALM0RALS and POLISH BOOTS
OF all kinds and sizes ALI In want are invited 70
call Eno 3-ts1 III. M CASTOR.
The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1866-03-30
spIrtt Of the stock Market.

The Post says:
The only feature OF Importance in the mar
ket for government securities is the increas-
ing demand for compound interest notes, IN
which the banks are investing large part OF
their surplus means. one reason 1or tnis Is
the fear that government will cease to pay
interest on deposit, as might long ago have
been done with great advantage to the treas
ury, The Investment OF the banks IN co .Ilr
pound notes contributes to promote the
strength of banks, as they are legal tender
for their face and would be available as cash
in case of reyulsion, however great Inc, Inc
failure OF Culver, Penn & Co. has caused the
suspension OF several banks in the oil regions,
but the suspension Is reported to be only
temporary.
The Commercial says:
The stock market is heavy and lower;
ly 5000 shares of Erie stock were sold, the
reason assigned being that the forthcoming
report of the road is of an unfavorablo char
acter. The movement is, however, interpre-
ted upon the street a the opening OF a vigOr-
GUS attack upon the general market by spec
ulatiVe direction in Erie.
Governments are still strong and active;
Dos were in demand, as the maturity of the
May interest approaches: the second and third
series were each Is higher, while the issue of
very active-the third series rose to 49,, with
large transactions. State stocks tirmer and
active, and the miscellaneous list dull.
Ease in money continues; there is rather
more anxiety from brokers, but the demand
Is readily met at 3 per cent. on call; names
ranging good are IN PIE ana n d P
there is, however, still considerable amount
of buying to cover short contracts, which
KEEPS up the price above what Is considered
the real present value of gold.
We have reasons for believing that there Is
no adequate foundation for the report that
on London, were returned by the last mail.
Foreign exchange is dull and the rites de
pressed; prime bankers, 60 days, sterling, Is
quoted nOminally lUIi4, but transactions were
made nj lOSJaGlT.