The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-10-20
FINANCIAL.

,,o,,,ovn SATURDAY, October IS. 1873.
r,nre yeas no meeting of the Stock Boaro 1o-uas'
,rs M change Of ahe monetary condition. Ahere
rnve been some small sales OF stock ontsiae' ou'
.,a.o,s .s 90. no market and rates are purely
nominal. c-o,,
In Now York yesterday stock advanced from
IN per cent and gold declined TO the io"ess po''
reached since lS82-l07&. The money market was
again stringent opening at per cent, but ieii 10
q nor cent per annum before O'CLOCK. foreish
exchanges continued weak, with reduction OF J.
rpr cent in nominal rates and The decline Oh sou
resulted In lower prices for Government boh"s'
Tho Now York Tribune of the 18th says:
.The cheerful feeling noted In stocks at the ci9ae
last night continued to-day. and the stock spG.1i'
tlon, despite the drawback OF str,ngf fn sharp ad
vance In The leading spcc!altics- part - =
Vanderbilt shares, ranging from per CEN. " 9, CONT
per cent, Notwithstanding the cosg I FOR The arm
heavy blocks or STOCKS hhuer 'iie ia'N "
of Griuncll & Co." ,.o,.o.
In ph,adelphia. Friday, there was al improve
,,nnt &, thc monetary situation. The intcrcst-raeS
were lower and the de mand for cash accoi'i'''oua
,ons less messing The rates for call loans varied
from 10 2 per cent. Gold was ,tnset'eo' ou' 'he
market stronger than on the previous oa!.
The Philadelphia Inquirer says:
Taken whole the Si;us thsn n Il was one
xcn ago. There arc grca; many persons VINO III
~ H.; tho worst of III: panic has not yet hcch eN-
norirnccd Some Of these Projectors or eVlialc nc
ouht sincere In their gloomy forcboding tile ma
iority of them, however, It'll quite safe 10 say, are
ndrng the affairs Of great, rich, and really pros
ncrOus country by the ,crainped ana cIiitpi .s
means of few establishments when nlu ..iei'r
selves unable 10 meet an emergency. ouI rHpV =,
trade Is gOod-DidS fair TO rcma so-anu viii ~
continued prosperity all other branches Oh Ds'!G
will work through successfully. rev more Ii.
ures Of firms doing business sNGlSyeg ON Drove
NAV DC looked for and the sharc-ln9rkcl may P1oS
f,.vnriSh for several weeks to come.
The baltimore Sua o" to-day says:
.Gold and stocks both continue unsteady VIII
tho general tendency 10 lower rates Inc lluctu,'
lions in gold are now slight. There WIS an ac-
vance in The premium Yesterday from lotI up ~ ~
1DSy. but with the steady present Inflow OF soiu
from abroad, and our large export OF uoihcsut
products the indications are towards bringing VI
nearer 10 the point when gold may again chicT lo
our circulating medium, provided always !lat W.
resoutly resist any and every degree Oh iurtlcr Ii
Ration Unless this is done the country Will loose
i'm the anrihilaiou OF the fictitious values "ilen
Nave so long prevailed in the w;iered ana OVER
issued stocks of the New York market
The following were the balances IN the treasury
AT Washington 1T the close OF business !cSlcrui'
Currency, S., 1896, S74: coin. $50, o99,3o2-ll-
cludiu., in coin certificates S31,2l3.4UO; spccla
dcpvsit of lccal-tcnGcrs for redemption OF cer'n
cafes Of deposit, :i1.570.000; the outstanding ie'
cl-tcudcr notes Yesterday amounted to s3G0,2oZ''
4SS.
During the month Of September the coinage OF
the san Francisco mint amounted TO S2,o4U,upo
In double ca Ties, which were coined III e'Sht Gays