The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-05-29
FINANCIAL AND COMMERCIAL.
RICHMOND, May %, 1866.

of the brokers.
We quote stocks as follows: Virginia Re
gistered six per cents, s42; Richmond and
Danville Railroad, s62.50; Virginia Central
Railroad, s62 80; Southside Railroad, qua
rantecd by city of Petersburg, 1858; Rich
mond, Fredericksburg and Potomac Rail-
road dividend 6G7 per cent. bonds, held at
s7O@7j; Orange and Alexandria Railroad,
s55 North Carolina State bonds, ss3.
There is not much to he said about the
money market of Richmond in these times.
Money is very scarce, and interest varies
from 6 to S4l0 per cent.-the rates above
6 per cent. being worked y such evasive
expedicnts as make the lender secure.
There are such rates as from to per
cent. month by a sale of notes for round
sum by second to third party. But
these often are, in the long run, reduced
to the legal rate by a failure of the drawer
of the note to pay it at maturity, and it
goes on by renewal at sir per cent.
NEW YORK.
The gold market opened this morning
in New York at a decline to 1874, and,
with some fractional changes, closed at
1879.
The news by the Saxonia and America
had a reaSsuring influence, and there
seemed to be almost a complete restora-
ton of confidence among commercial
men. The Stock Exchange was buOyant,
and prices jumped up, and were very firm.
Money was abundant even beyond the de-
mand hut not much was discounted I'M
der z cent. Six u cent. was the eXccp-
tional rate. In the process of paying the
Government for the gold bought from it,
the temporary loan was reduced about six
millions and Il quarter. In the same time
the Government redeemed about one mil
lion of compound interest notes at par
and interest.
II was reported in New York that
small amount OF five-twcnties brought
over for sale there were returned, the rise
in gold defeating the object OF the foreign
shippers.
The New York fnancicrs were calcu-
lating largely upon the influence of the
$50 600 900 of gold shipped from American
ports for England in the last two weeks.
They believe its arrival in England will
afford great relief, and elevate the value of
I-,,;tnI StatpS securities
Virginia coupon bonds sold in New York
on Saturday at SCI an improvement.
On the 18th Of May, United States five
twcntics were quoted at G44GG in London.
On the 10th, they were Gj34aG
The City of Boston, arrived in New York
on Sunday, brings dates from Liverpool to
the 9Th instant, the purport of which was
published in the Dispatch Of yesterday.
1t is reported that the chances Of the Eu-
ropcan Congress were improving. In the
event of war, the New York tinanciers
still indulge the speculative idea that our
finances will not be much affected, save
bcnefcially, by increased disposition to
invest in our securities.
New YORK, May 2S.-Cotton steady.
Gold, 1871. Sterling dull bankers bills,
sixty days, 80.
New YORK, May 2S-P. M.-Flour dull !;
State, 373OG3S.S0; Ohio, $9.4OG$l4;
Southern, $l0.S0G$l6.75. Wheat dull.
Mixed corn declined 1G2c. Beef steady.
Pork buoyant at $3O.75. Whisky dull.
Cotton has a declining tendency; sales,
1000 bales at 4O@42c. Gold, $I.37ls.
MOBILE COTTON MARKET.
MOBILE, May 2S.-There were no sales
Of cotton to-day. Prices nominal. There
is no disposition on the part Of buyers to
operate. "
RICHMOND MARKETS.
The following are the wholesale quotations:
Acknowledges rs u gallon.
BAcox.-Sides, ls98l9c. hams, new, 2?@2ac.
old, 2o02lc. shoulders, old, l59l5ic.; new, l5G
l5tc Virginia hog round l7al'c.
BrTrER-Fair to prime, 5ollS5c q H.
BRAxDY-French, SlOaSlS; apple, $3.50 Phila-
delphia, - 4o0S2.S.
BEEswAx In fair demand at 36c. II n.
CoRx.-a5c lSl. Very little in the market.
Corn MEAL-Bolted, a. 81; unbolted country
ground meal s5c.
CHEEsR-Northern and Western, ?3G?ic. Eng
lsh dairy, 2503Oc.
CopFRB-Rio, 25G?7c. Laguayra, 29G33c.
Java 4Ic.
CANDLES -Adamantine, light weight, PC; full
weight, 2ia25c. tallow, lBal8c.; paranne, SIC.
CIDER.-Apple, 3jG4oc. u gallon.
CONCENTRATED LYE.-$3 u case OF 4 dozen.
CocHISEAL.-Tl.i OISl so q D..
CorToS-TEere is but little cotton sold in Rich
mond II may now be quoted nominaily at 3Oc;
Virginia loose lots, 2o422c.
CoTroy CARDs.-*l26Sl5 u dozen.
Corroy YARSs.-From No. to No. Il, $3.50;
from No. II to No. 10, -.
DRrGs AND DYE STCFFs.-Alum, &C; copperas,
&c madden, Ice; indgo,.Sl.5O; extract loSwood,
Is: sup carb. soda, loo; blue stone, lsc.
Day GooDs.-Prices for dry goods remain un-
changed. Prints, lo@lsc.; satinets, Doc. 9sl.lo;
silks, ri 25ds3 IS sheetngs, unbleached, i2s
arse; bleached, l2ia45c.; biesched, New York
mills. soc. Ginghams, 25G+2ic. stripes, 25Ga5c.
cambrics, IG6I2oc cotton hannels, brown and
bleached, 35I 4Oc Hannels, all wool, 4o142sc.
Hoop skirts, u dozen, Is springs, 81; 20 springs,
$40; so springs, $3.50. Balmorals, % dozen, ss4
G*45.
EGGs. Pee. II dozen.
FEgD.-Oats, 6Od63c q bushel-very scarce
Shipstuf, from the mill, soc u bushel. Brownstuf,
from the mill, zoe ~ bushel. Wheat bran, doc.
Corn bran, SOC
FERTILIZERS Peruvian Guano, Ss0GIsloO II ton;
Pacific Guano, $40 y ton Patapsco Guano, s6S
u ton Bone Dust, SIS ~ ton. . ......
FIsH-Herrngs, Halifax, F5Ggs5. so " barrel
North Carolina, - q barrel for No 1; 81 q barrel
for No =, and sol o. barrel for No / roe her.
rings Mackerel, No l, sis .5oGsls in kits. - 50;
S1S No 4 m