The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-05-26

RfcHMosD TOBACCO EXCHANGE, !
Mac q. Ioga

and twenty boxes broken to-day. Prices
for fancy wrappers ruled high--onc lot
bringing a higher price than has been oh
tanned this season. There were fifty-three
| hogSheads, sixteen boxes, one ticrce, and
three hogsheads of stems offered eight
hoesheads. two boxes, aud the stems were
taken in. The tcrcc sold at 5000 the
boxes, one at sl75, one at sl42, one at
1925, one at 1920, two at $50, two at S4l,
one at 800, one at SO, two ut $50, one ut
aI7. and one mt $15. The hogshcads sold
as follows: One at 8l0S, one at sIi75, two
at $3.50, one at S3S, one ut $50, one at
$50. one at S25, one at 52l, one at sll, two
at Sl9, one at so, one at $3.50, one nj
| s.. 30, one ut Sl7.j0, one ut $l3.2j, one ut
! 81, one ut $3.50, one at Sll.75, one at
! 1919, two at $I3.2J, one nj $ll.50, one at
| SIS, one at $3.50, one at $3.50, one at $lS,
one at 1910, one ut $500, one at So one
at 81, two at So, one at 1925, one at Sl3,
| one at Sc, one at 81, one at $i.l0, one at
$3.50, two at $l2, one ut SO.
| The tobacco market was quite animated
to-day at full prices. A very fine spcci-
men of fancy leaf brought the unprcce-
denied price Of 5000 per hundred.
Gold to-day sold here at sl.3S@$1.40,
buying and selling; silver, $l.32gsl "a ;
Virginia registered stock, S42G$42.jO.
NEW YORK.
There is but little change in gold in New
York to-day. 1t opened at sl.3914 Il, went
up to 81 40, and closed at 81 49,.
On Wednesday there was shipped from
New York s., ,4GG, and it is estimated
that the total for the week will be over
100000, OOO-making the exports for the
two weeks about S2O,000,000. Govern
ment withdrew from the market on Tues
day, and the gold sales have been left to
their fate. The market has become, per-
haps, more unmanagcablc than if the Go
vernment had attempted to control it.
The Government has lost some $30,000,-
600 of gold at "A low figure, and has failed
to accomplish its object. With only $780,
100000 of gold in the Treasury, while
$3.50, 600, 900 OF our securities were held
abroad, and we owed a large commercial
debt in Europe besides, it was maniteStly ont
of the power Of the Government to meet
heavy foreign drain and keep down the
price. Keeping down the price of gold only
kept up the price OF United States bondSand
: l,
abroad, where stocks were lower, to send
in the securities and take away the gold.
The public mind in New York seems to
be quoting, and commercial writer's affect
not to apprchcnd any great danger from
continued unfavorablc intelligence from
abroad assuming that only gold and cX-
change will be Influenced by it. They
seem to have entire confidence in the
Solvcncy Of the commercial community of
New York. Calculations are still made
that if the nations of the continent get into
war their securities will he in diScrrdit,
and capitalists will then seek those of the
United States. On the whole, benefit
rather than injury from the European war
is predicted which, for the sake OF the
country, it will he well if hiSprcdiction is
verified.
Money was more stringent in New York
"Wednesday. Seven per cent. was the
minimum. Stocks were unsettled, but
were not pressed upon the market. EX-
change on London, 100 s@lO95s.
New YORK, May 25.-Cotton firm. Gold
has been to l4l1,, but has fallen to l4O.
Sterling quiet al 81. Texas wool, p "a
soc.
New YORK, May 25.--Cotton firm; sales
5000 bales middling uplands at Haze:
Orleans, 43@iic. Flour opened active, but
closed heavy; sales 1880 barrels State AT
81. 4OmSg. 90: Ohio, $g.j09$li; Western,
$7.4O@$9.7 10: Southern closed dropping at
s7.5O0$lG.75. Wheat opened at an adj
vance of l42c., but closed with buyers re-
frlsing yesterdays rates; sales GS,5Oo
bushels new No. / Milwaukee at S2.l9@
S2.2O: old No. | Milwaukee, S2.l2; old
No. 2 Milwaukee, Sl.S0. Corn opened at
an advance of 2c., but closed heavy;
sales 81, 900 bushels new mixed at S949Oc.;
unsound, s2GS5c. Pork dull. Lard firm.
Whisky steady, s2.2G. Sugar firm. Coffee
quiet. Molasscs firm. Spirits Turpentinc
dull at 93i ,995c. Petroleum firm ut
27l5c. Frcightsquic Gold, 1875.
New YORK, May pa large amount Of
fvc-twcnticS was bought to-day for ship
mcnt to Europe. The Government sold
1000 bales of cotton at auction to-day.
Strict middling Florida brought PIC. a
large amount of cotton was burned at Yon-
kcrs.