The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1872-08-26

tblng, Qiln There lis lie 16Ili SIt II pcTtton
LOT the immense decline sustained ID cense-
Iquence of tic excitement iyfll be recovered
from when the market assumes It's nornai
ondition.
Thereiare some twelve firms outside these
directly cngaged in the corner who are
known TO have been badly shaken. Some
| thing like twelve or fifteen others have lost
severely by the transaction, butwill i'm all
probability be able to continue their business
without more serious trouble than that OF
| borrowing money from their friends. It is
doubtless true, however, that the commits
sion men, as q class, have suffered more from
this corner than they did by the great fire, as
| consisted OF loss Of office furniture and the
oooks IN which their accounts were kept.
THE GENERAL EFFECT
OF the collapse will be this The country is
| iul' OF wheat that has been prepared for mar
ket and cannot be sent forward. For the
| next two or three days the wheat ALREADY
| loaded on cars will be coming in, and there
| will be no buyers, and the poor fellows in
| the country who have bought this wheat
| from the farmers will lose most heavily.
Shipments are very seldom made direct by
the farmer. He brings his grain to the coun-
try station by the wagon-load at time. and
| 1t Is bought by man whose business it is to
buy up until he can obtain enough, not for
one carload, but for half Il dozen or train
Tbs operator generally protects himself by
selling ahead, agreeing to deliver so much du-
rinSa month, and contracting with the farmer
TO furnish him so much grain. a great deal
OF the grain that Is now being forwarded to
market belongs to these men, who have sold
u fNriT inn RI Il 4
farmers tor it u correspondingly high price.
Hence their losses will be heavy. Many of the
country operators may be compelled to retire
gracefully from business. As class they are
| even rs essential to the farmer in helping him
to market with his grain as the commission
men IN this city. They are more so
IN the winter, when these commits
sion men take large orders to send
carloads of grain directly East without
its touching a Chicago elevator at all, and
large portions passing around Chicago by
the various cut-olfS without even entering
the limits of the city. Many of the CONNER
| claI men in this city will he affected as badly
rs the country operators referred to. They
| have sold this grain for the parties in the
country, and will be expected to stand be-
tween their principals and the parties for
whom they sold. In many cases their trans
actions are covered by deposits of margins,
but this is far from being universally the
| case, and even where margins have been de-
posted it is very seldom that enough money
| Is posted to cover such a big drop as has o.
CURED during yesterday and the previous
day.
Mr.. William Stuart French, author of
II Tx.- 4, 7 -, -
George William Curtis is to take the
stump.
De Witt Clinton will be immortalized in a
monument at Albany.
Mr.. and Mrs Louis Napoleon are travelling
in Scotland.
Frederick Douglass is staying with Senator
Hamlin ut Bangor, Me.
Topeka, Kan, has fined a barber five cents
for shaving customer on Sunday.
Mrs. Nettie C. Tator has been admitted to
the bar in Santa Cruz. California.
General Sherman visited Dundee, Scotland,
Wednesday.
The Prince Of Wales has gone on yatch-
ING excursion to the coast of France.
The Sucz canal yields nearly S2.O00,0O0
per annum profit.
There were four fatal cases of sunstroke
il New York of Friday.
The Boston coliseum is to he put up on
rattle to pay the deficit of the "iublec."
+. w. Rocket. editor of the Memphis
(Tenn.) Ledger, is dead.
Livingstone has been found again-thiS
time drunk in the market-hou>e ut Whining.
ton. n. C. And he had to pay dollar for it.
Baron de Rotl,schild, of Frankfort, is
going Oh yachting voyage to the Holy
Land.
In a recent article in the Dublin UmccrSis
magazine insanity is defined us ''dyspcpsia
of the BRAIN"
The Je,cish Messenger laments the lack OF
Rahbi>, and cXhorts il people to make good
the deficiency.
The German Princes now in New York
are democratic in their notions. and ride
wherever they want to go in the horSc-car>
American green corn is sent during the
season in quantities TO Liverpool by Atlantic
steamers.
Eight tobacco factories are now in con
Structon at Madison, Rockingham county,
n. C..
Six hundred St. Crispins are on strike in
Cincinnati because one of the Manufacturers
violated the rule about apprentices.
Alexis has been warmly received at Cart
Town, Africa. We should think so-thi:
weather.
An American named Hopkins. who WA,
convicted of rObbing mails, has been sell
fenced to prison for two years.
Count Bcncdctto Nicenzo Sella was kille(
in a duel with Frederick Brewster. of New
York. near Turin. Italy, OH the l>t instant
Brewster is Il clerk in Lloyd>S, ill Leghorn.
| Miss Maria Cummins's novel of twent.
wears since, "Thc Lamplightcr,' has jus
been published at Paris in French tranSla
ton.
And now lightning has struck movin!
| railway train in England, smashing asl tic
| windows OF one car and knockinga passengc
| from his seat.
Mr.. Alexander Grant, Mississippi m'i
chant, took walk IN New York THURSDAY
nirht with lady he hadn't been introduced
to. 1t cost him $1,000.
ID. G. Godfrey, grocer, in San Fmuci'""
on Friday stabbed his wifea dozen times, AM
then cut his own throat. Cause, Jealousy
| The woman may recover.
A preposterous story ia circulating to tn
effect that sportsmen in New jersey mstak
| lfinh "a