The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-06-05

FINANCIAL AND COMMERCIAL.
RICHMOND, June 4, lSl


The prices of gold in this market varied
with those of New York to-day, and we
quote buying, l39@l40; selling, l42@l43.
Silver, 136@14O, buying and selling. We
quote stocks: Virginia registered, s42; cou-
pons, 500 Richmond City, s75; Richmond
and Danville and Virginia and Tennessee
Railroad, each $50; Virginia Central, sG2 ;
North Carolina, sS3.
Money continues very scarce, and the
unsettled condition of national affairs on
the European continent is affecting our
enterprises of all kinds. We imagine the
country would suffer less injury from actual
war than from the rcstlcssneSs and appre-
tensions of the effects of the war.
NEW YORK.
The gold market in New York took a
lump to-day, owing to the Nova Scotia's
news of fall in cotton and in United
States bonds, and few more failures, with
no amendment in the political intelligence.
The market opened at al "a, at an early
hour rose to 1888, and closed at 1431a.
The foreign news is evidently not at all
pleasing to the moneyed men.
On Saturday there was continued ease
in the money market of Wall street, and
all demands were supplied at 6@7 per cent.
The exact amount of gold shipped from
New York on Saturday was 1861, S74. 1t
is probable that the latest arrivals from
Europe may increase the amount OF ship
ments. The decline in United States
stocks in the English markets will increase
the amount returned to this country.
SECURITIES FOR NATIONAL BANK CIRcrLA-
The United States treasurer at present
holds as security for the circulation OF
national banks S324,7l3,45O, of which
1926, PSI 400 are six per cent. bonds, $780,
1893, $50 in five per cent, and s3,o63,oo9
United States bonds issued to the Pacific
Railroad Company. The amount OF ma
tional bank note circulation issued last
week was $3.50, $50, the total amount issued
up to date being S277 ,379,660.
NUMBER OF NATIONAL BANKS.
There are at present one thousand six
hundred and fifty national banks in opera
ton, none having been established for seye-
raj weeks past. The Comptroller of the
Currency invariably refuses all applications
of banking institutions for conversions into
national banks unless such applications
were filed prior to the date prescribed by
law and no more will be established until
the passage by Congress of an act authorl-
zing an increased circulation.
ISSUE OF FRACTIONAL CURRENCY.
Fractional currency of all denominations
to the amount of S242, 800 was issued by
the printing division of the Treasury last
week. During the same period 100000
was shipped to the United States deposl-
tories at Cincinnati, the same amount to
the assistant treasurer at New York, and
$50, 622.40 to different national banks
throughout the country.
FRACTIONAL CURRENCY REDEEMED.
Three hundred and cighty-tive thousand
two hundred dollars in fractional currency
was last week redeemed by the Treasury
Department in Washington.
INTERNAL REVENUE.
The receipts from internal revenue last
week amounted to s7,l76,7l5.l3. The total
amount received from this source during
the month of May last was SCI ,724, 6SO.4O.
NEW YORK MARKETS, MONDAY MORNING.
New YORK, June 4.--Cotton nominal at
37@4Oc. Gold, 1888. Sterling, GO days,
10; sight, q.
NEW YORK MARKETS-EyENING.
New YORK, June 4.-Cotton steady ;
holders refuse lower rates; sales 900
bales at 37@40c. Flour steady and quiet !;
sales $500 barrels; state, s7.2O@S9.9O {;
Ohio, S9.45@sl4; western, S7.2OGS9.l5;
southern unchanged. Wheat quiet sales
26, 900 bushels Milwaukee Club at s2.l0@
So 20; white Wisconsin, S2.45. Corn adj
vanced lc. (; sales 1G5, OO0buShcls at 81 GS3c.
Beef steady. Pork unsettled, closing at
s3O.6S. Lard firm at 191I@223a. Whisky
closed firm. Coffee dull. Sugar has adj
vanced 1kc. Muscoyado, lO13@llc. Mo-
lasses quiet and steady. Gold, 1885.
BALTIMORE MARKETS.
BALTIMORE, June 4.-FlOur firm. Wheat
dull and nominal. Corn dull; white, 9i@
95c.; yellow, s969Oc. Oats steady. Pro-
visions firm. Sugar quiet. Coffee dull.
Whisky, $3.50.
LATEST FOREIGN MARKETS.
New YORK, June 3.-The following is the
very latest Liverpool market report, r'a
Queenstown 23d:
Cotton firmer; quotations unchanged;
sales to spectators and exporters, 1000
bales. Consols for money, S67s6S7; Five
twenties, 65@66. Flour steady and dull.
Wheat inactive; winter red, los. 3d.@lOs.
Cd. Corn easier; mixed, 29s. 9d.@3Os.
Beef dull. Pork fat. Bacon inactive and
declining. npuS
The following are the wholesale quotations
ALcoHoL.-s56S5. IS ~ gallon.
BAcoS.-sides, lss@loc.; hams, new, s2g2sc. !,
old, 2o02Ic shoulders, old, l5c; new, lSs0 i6c.;
Virginia hog round, lsGlac.
BuTTgR-Fair to prime, 22g25c. " n.
BRASpY.-French, $loG$l5; apple, $3.50 Phiia.
delphia, ~ .4o@$2B.
BEgswAx.-In fair demand at acc. a ID.
CoRS.-sl6$l Very little in the market.
p0gt al country