davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1873-11-29
CLOSING PRICEs-s O'CLOCK P. M.
COMMERCIAL REPORT.

Cotton Firm for ssSpOt," and q Shade
Easier for sEuGurc''-FlOur Firmcr-
Wheat, Corn and Oats Active and
Higher-POrk Firmer-Lard Decidedly
Higher-CofFee Active and Higher
Sugar Quiet and Steady-Frefghts
Quiet and Easy-PctrOleum Ffrmer-
Naval stores Dull-EAst India Goods
Neglecfed-MetaIs Generally Quiet
Wool Firmer-WhfsIkey Lower.
FRIDAY, Nov. 2s-6 P. M.
The markets were generally quiet and steady. but
breadstuns and provisions were exceptions to the
rule. A material advance in the Liverpool and
Chicago breadstuffs markets caused a correspond
ing appreciation here. and large business was
done in wheat, and oats at the
Improvement, the markets all closing strong
whiskey was easy under free receipts. There was
some little speculative interest awakened in the
pork market and sales for future delivery were
erected to some considerable extent Lard was
excited and decidedly higher. Freights were
quiet The grocery market was quiet with the ex-
cepton Of coffee, which was active at a material ad
vance, Petroleum moderately dealt in and frmer.
Naval stores dull Cotton in fair demand and
steady for spot but shade easier for the late future
months. Wool was in demand and frmer closing with
AsHKs.-Receps for the past three days lH packages
% u az sales
BulLDISG MATERIALs.-Trade has been slow since
former uotations:-Bricks-Paie, 81 q 81 Is per NJ;
ysTssy % 80 yet trstcn s. fronts e 81
ss red sc
were quoted thus:-Pale, Sc a Sc 25; Jersey
E. s fysF Srcos tos browne asTsrssrsw ss
SIG for dark; a9 so for red; Philadelphia. ss3 50
s T. and SsGss
do. lump, 81 75 Cement neglected. but steadily
held at 81 Is per bb for Rosendae 81 so 81 rs for
man and s. 50 S. IS for Portland. Laths quiet
hui firm; quoted at 81 90 ~ for Eastern.
CoRDAGE-The demand has been confined to small
parcels and frmer prices current. We duots:-
Manila large and small sizes, l7sc. ls1sc. do, bolt
rope yarns l9c 21sc; tarred Manila, l7c Sisal rope,
l5f.c. u l61sc.; New Zealand cordage, l55sc. l6ac.
Russian bolt rope, l7c.
CASpLss met with fair obbing request, but otherwise
the market was quiet Prices were unchanged and
quoted follows -Sperm, 2ec SOC. patent do SOC
4oc paraffne, 3lc &c.: searic, 2Sc 29c. ;adaman
tine, 1S1sc. q lghc.
Future deliveries irregular, with downward tend
ency closing sales showing decline OF l-l6c 5sc
tho lata NOR We Ouor
The New York herald., 1873-11-29

THE UNITED STATES TREASURY.
The balances in the United States Treasury at
the close OF business to-day were currency,
81 0Oo; coin, $s2 o0O 0OO certificates $29 600
outstanding legal tenders, $780, 230, 000-increase
since last report, $4,000.
The customs receipts to-day were 1894, 900. The
internal revenue receipts were $5ll,71S
The Assistant Treasurer paid out to-day $50. 600
on account OF interest and sl7l,OOo in redemption
of ive-twenty bonds.
GOVERNMENT BONDS.
Government bonds closed firm the following
quotations limited States sixes 1884, registered,
ll4s. 1145s; do. do. do, coupon, 114s4 ll6; do.
five-twcnties, 1862, coupon, 100 1925; do, five
twentes 1864, do 1091s ILL., do, 1886, do, 1l0sd
Ill; do. 1866, do, new, l134 ia; do, coupon,
1867, l14s4; do. do, 1885, 1141s do, ten.Iorties.
registered, 1o7a 1881; do, coupon, los a
1osX; fves 1881, coupon, 1O9l4 10ah; six per
cent bonds OF Pacific Railroad, 1lo,4 a 1l0,s.
BANK SHARES.
Bank shares were dull and neglected The la est
bids are anne xed New YORK, lis; Man rattan,
I4o Mechanics, 10; America. 127: CITY, ESQ.,
Phoenix, 95; Greenwich. 200; state OF New York,
1906 American Exchange, 1o1; Bank OF the Repub-
lie, s5; Irving, 100; Metropolitan, us; Corn Elk.
change 11O; Continental, 81 Central National, 80; /;
Fourth National, 90; Bankers anu Brokers' Asso-
citation, rs; German American, So.
RAILROAD BONDS.
In this department prices continue to be firmly
maintained. The bonds and stocks or ali well es-
tabshed railroads are undoubtedly a safe pur-
chase and the patient investor may be sure OF re-
azing on the same. We note the following sales =
Erie, fourth mortgage. 9lA; New York Central
sixes 1885, SO; Michigan southern, second mort
gage, 9l1: Lake shore, dividend bonds 50; Central
Pacific, gold bonds, 921s;- Union Pacific, first
mortgage. 10 7sK; do. do.,. sevens land
grant, 10Y; do. do, tens, income, 5s; Toledo and
wabash, first mortgage, st. Louis division. So;
Great Western, second mortgage, IS; Chicago and
Rock Island and Pacihc sevens 1o2 Alton and Terre
Haute, income. IL OHIO and Mississippi, second
mortgage, I01 II 71h a 72; Canada Southern,
first mortgage, IS; Great Western first mortgage,
1883, OIL; Delaware and Hudson Canal, 10s1z a 100
Mariposa Land and Mining, buyer three DAYS, 10;
Cleveland, Columbus, Cincinnati and Indianapolis,
nrst mortgage, g8'. sess; Morris and Essex first
mortgage, 1913; Toledo, Peoria ana Warsaw,
western division, TO-
The following were the bids as amended at the
The New York herald., 1873-11-29

r. 30; jamaica. s0c tic Sc DOMINGO fsc
is4c Porto Rico. Dc, 2zc Costa Rca nc z33<c..
zUxc 33c. s~'' - 7 -~'~ -~VS~ ~
CoPrnE- The demand for lake has been moderate and
the market Arm sales 10000 lbs at 23<c for delivery
w 70 M Mnec.gp1er We also note sales OF 100 sabs or
u f2ps 70 sass, AND 1s wheat
n.U0 busheis The four market ruled buoyant and
nrmcr under good inquiry. The sales Comprising all
xmas 1901 up about bbis ~ prices within range
O. our reysed quotations Corn meal was quiet but
s nrmes 80 sales however. Of consequence were
The New York herald., 1873-11-29
DOMESTIC MARKETS.

GALvEsroN. Nov q lS73
Cotton-UpvSrd tendency good ordinary. Asc. ordi-
nary. l2nc Net receipts 1874 bales. EXPORTS Great
britain LA; coastwisc s7. sales. 400 stoch l2is.
wecky-Net receipts 1896 Exports-Io GreaLBritain,
L74t; eoastwise, 20SA Sales $500
NEW ORLEASs, Non. "a 1878.
Cotton active and higher middnes. t6s<c. low mid
dlIngS sc. strict good ordinary, sc Net recersts rs.
sf which ssh we're to France. Sales tfo stock iwi1y
Weekly--Net recelptk ~, ,tU; gross AsA Exenvts--t@
The New York herald., 1873-11-29


The imports of dry goods at this port for the
week amount in coin valuation to $S5z, 1856, ana the
amount marketed to $Sz1, ,247.
THE MONEY MAREEr.
Money was in active demand to-day, at from
per cent currency to per cent gold and l.s2 per
diem. The Associated Banks gained $4,000 since
Wednesday and now hold $35 no. 600 legal tenders.
Foreign exchange was marked up to 1Os
for prime bankers sixty days sterling, and
109 for sight, but afterwards lowered to 1OTX and
10s7s Actual business was at 1919 to 1O7M for
bankers 90 days. sterling and l0S1S to 1857 for
sight. The bankers were not drawing freely and
the demand was satisfied chiefly with some bills
bought on speculation at lower prices early in the
week. Commercial bills are in small supply and
were sold up to 1861 a 107.
THE FOREIGN MARKET.
London dispatches report all stocks unusually
strong. Consols advanced to 33h q 933S for money
and 93I for the account. American securities ad-
vanced from u to q per cent. Erie advanced to
3s1s. The amount Of bullion which went into the
Bank OF England on balance to-day was f6,0O0
The rate of discount in the open market for three
months bills was five per cent or one per cent
below the Bank of England rate. Rentes at Paris
were firm and American securities at Amsterdam
were buoyant, St Paul preferred advancing from
so to 55.
The following are the prices in the latter city,
Central Pacific first mortgages, S0 Union Pacific
first mortgage bonds, 691; Union Pacific stock,
20; Northwest preferred, 611s; ST. Paul preferred,
So; Erie, 40; Illinois Central, 90h.
The following are the latest discount quotations
Der cent in the leading Continental cities OF
Europe, received by malt
The New York herald., 1873-11-29

THE CHAMBER OF oOMMERCH
This body held meeting to-day for the purpose
OF considering the question OF specie payments
and other questions involved in the majority and
minority memorials to Congress OF the committee
appointed to prepare the same No decision was
reached. There was simply recognition OF the
dificuties incident to the financial situation and
o mutual confession Of inability TO cope with
them, at least that Is what the discus
sion amounted to. On one side there
was disposition to press resumption
because the natural laws Of shrinkage had brought
forward the opportunity. On the other equally
strong arguments were adduoed to show that re-
sumption as early as May next would be both futile
and injurious, yet that the country was gradually
advancing to point at which specie payment
would become both easy and desirable. This prog
ress, however, according to the argument, must
obey law OF trade. The subject was lett unsettled
Botn are able documents and each represents the
mists who are or less giving character to the
pending discussion OF the currency question. A
report OF the meeting will be found elsewhere.
Another meeting Will be held on Tuesday.
THE GOLD MARKET.
Gold advanced from lO9sS at the opening TO loos1,
subsequently dropped to 109&, but in response to
the renewed war feeling. recovered to 1925. The
rates paid for carrying were 1882 aud 7 per cent
currency to per cent gold
The operations of the Gold Exchange Bank to-
day were as follows:
Gold balances. $1,3i7 43S
Currency balances. LAS 63O
Gross cearngs.. Al, 430,0 900
CLEARING HOUSE STATEMENT.
Currency exchanges. $72, 1885, 157
Currency balances. S..................... 2,S335 $40
=. D.D6
The New York herald., 1873-11-29

SOUTHERN sECURITiEs-
Business in these were extremely limited and
prices were nominal. The latest bids are an
nexed:-Indiana nves 102; Missouri sizes, 871k;
do. do, Hannibal and st. Joseph issue. IS; do. do
Asylum or University "a; Tennessee skies, old, u;
do. do, new, u; Virginia skies, consolidated. 4s;
do. do. deferred, 8; North Carolina SKIES. old. 22
do. do special tax. 0; South Carolina SKIES. rs do
do, January aud July, 8H; Texas tens, 1876, 80.
The New York herald., 1873-11-29

Total; 20A 5d 2,5Sl
delivery bas low mddlng the sales have been
follows "Wednesday evening after three O'Clock DE.
cember 800 at Is lil6c 200 10 z3!c 100 at 1slc 100
e 20 4 100 % Il M as is 1eS y fse
a Il i7s April 100 at iisc Total, 500 bales TO-DAY
l5zc. December, 6p at 15sc. 100 at Is l5l6c ieJ
l5-c short notice, 1000 at l5c 100 at 10 zoo az
s ssisS sS sss % cs $ u.s. se
100 is. loo .. Is asc 90 so at issc 100 a is ssc
i Il e. s silSs @ @ az e & os 10 a s is sss at
i sssc iSS st ID isc loS ss is ssc go at
@ Il s ssd o q 90 5s s, % se 10 M q
i$ l .. Is is ss. iss S !. i ,ss 100 g e lSs ls
200 at 6ssc $50 at l64c. 100 6 l3 l6c April 100 at
y 3itc 200 At 17tc 100 at ~ 52c 100 at lsc 800 at
" ll6c 100 at n l-s2c Excnange-lsc. paid TO ex-
change 200 December ror March nc paid 70 exchange
l0v pcecmbcr Tor February. Total, 26O0 bales Grand
total % bales The receipts at the port were as fol-
s OaSs sw orleans s S Mobile
day last wesS' isio fhis day las. year aasts Rates
f G.s sGs.'n Iss s ro as s%Ss s
steam 81 marks per loo Ibs, nsitozc by sam is.c
10 Bremen, BY steam, by sail. lac. 10 Liverpool
Corsxr.-Ihe market was sstive and prices advanced
s1 bags !. Jlsudias, aSsS bass. Kspiuns 10 bags.
* @ sSss sss
At from Nt,c 2lc We quote Rio. ordinary cargocs
go,sc. 2oHc fair DO 2lAc: nhc; good do. 22ss. a
ssc prime do & c & askc S extreme 4, e range tcr
government bags tsc. 3c.: grass mats s6c, a2Iic
siugsOors H. x2a- hsxacAbsA 2Sc 2ahkc Lagpayra
The New York herald., 1873-11-29
COTTON RECEIPTS.

The following are the total net receipts all pors
since Septemher l. IS73:-
The New York herald., 1873-11-29
SALES AT THE NEW YORK STOCK ExcHANaE
Rriday. Nov. as-lO.l5 A. M.

Il5t< $1,000 US SO. r. ~, be l06k
l5k 5000 U s $40, c. '67. -. ll4H
100 10000 US 81, '8l, o.. b @ 1851
The New York herald., 1873-11-29

The quotations are based on cotton IN store running IN
grade quoted. The sales were as iolows-
To-day Last Frt'g Total
Export. COS l70 755
Consumption ........... .l.s52 l67 1919
Speculation. ...................... 81 81
In transit. nst....................... 200 200
The New York herald., 1873-11-29

lLEARING HOUSE STATEMENT
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28
The state Contra. Committee.

Editors OF Dispatch:
In your paper of yesterday you comment
on suggestion that " the present Executive
Committee" (of the Conservative party "re-;
sign" that the committee stands tunct"s
ofFicto, and should be discharged y; and that
the Convention which will assemble In the
summer can appoint a new one to conduct
the cmpaign. . Until that campaign opens
there is nothing for committee to do, and
until that Convention meets there Is no
power capable" (alluding to the Conscrva-
tive $members of the Legfslature) "of APP
pointing: committee" And you say,
"We are certain the members Of the
Legislature have no right to appoint
a new committee" but eve are not quite
sure that the committee is .functus ofacto,"
and thipk that 1.-THE old committee has
much better title to hold office until new
convention than new one 80 appointed
could have to act at ALL" Had you referred
to the :. Plan Of Organization IT declares
that TO oppose and defeat the Radical
party is its s.saim and purpose" il pro-
ydes for State committee which, "by its
resident members, shall have plenary power
to perfect the. party organization, to direct
its practical working in ell parts OF the
State, and TO decide finally all questions
that may arise affecting its harmony and
efficiency, subject to the aid and advice
OF its consulting members. But this Con.
yeniou expressly withholds from the said
committee, and denies to any other body.
than regularly organized State Convention,
the power to declare for the Conservative
purity In Virginia any opinion or policy ex-
cept such rs is necessarily implied from the
declaration already madeof the aim and pur-
~
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28
weashcr Probabilities.

WASHINGTON, March 27.-For the Gulf
States on Friday falling barometer, rising
temperature, southerly winds, increasing
possibly TO brisk. and partly cloudy weather,
except on the western Gulf coast, where
threatening and possibly rainy weather is
probable.
For the South Atlantic States increasing
southeasterly winds, followed by cloudy
weather, on Friday night.
For the Middle States falling barometer,
southcrly winds, partly cloudy and hazy
weather.
For New England. rising barometer Fri
day morning, but Falling in the evening,
with clear weather. light winds, and rising
tempcruture throughout the day.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28
The Strikes in Now York.

+. NEW YORK, March N.--A meeting OF
United Masons has passed resolutions de-
nouncing Vanderbilt for an attempt to de-
priYe the Harlem railroad worllmen Of eight
iourrigIlts. A committee was appointed to
wait on the mayor and demand the enforce
ment of the eight-hour law.
h number OF journeymen horsesl'oers
struck yesterday. Gasmen held meeting
last night in favor Of eight hours. Astrike
is unprecedented unless the employers con-
cede.
Later.-It is now believed there is not to
be general strike Of the trades In this city.
The present trouble comes chiefly from the
rpasons and gasnen. The Germans are espe-
cially opposed to a strike, and thegreat mass
Of mechanics seem averse to the movement.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28
one tEat

,aeasrs.y the reverse til's g
paper draws. 3s 4. !,
We will say to The Joasaal, Y IT does mo: MOI
.,ow that its assertions tIiat the Dispatch
EXCUSES .1aAot.bos smashing z and denies
Is statements and then repeats them assou,
own, arc not arguments. They are simply
misrepresentation.
p. S.-The State Journals article OF yes
,erslay is so courteous in tone and CORE
sponds so well with what wethi1k contro-
ycrsial article ought to be that we are temptea
70 omit the last paragraph Of the above. But
inasnuch as the Journal had no excuse whal'
ever for making such charges against us we
will let it go. We trust that there VIII De no
more such limitations from thatsolrce. we
have INDUCED In none such.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28

It comes with rather bad grace from the
Dispatch to intimate that the Journal sleeps
on It's editorial replies, when it took that
paper from Saturday TO Tuesday to reply TO
our first editorial on the subject of contro-
yersy between us.-StGte Journal.
There goes all of our politeness-all gone
for nothing. We meant just what we said
that we would not answer its article without
bordering its arguments; aud there, above,
are our thanks. ..
The Journal began this controversy on a
Saturday. We did not see its article until
Monday, rs we Gid not return to our sanctuln
we could not possibly publish our reply to it
before Tuesday morning.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28

f--J
appear fhat tue Organisation is intended 70;
be d pernnnent one (uIfii superseded py g
conyention,, not merely to- oTganize
and conduct an active campaign. but ~ e,
watch the enemy at ali times and foil his acat
nguYres; that has no right or poWerto
aedtaIe witf, matters OF State policy or iegts-
lation of any sort, but is merely charged Win
the duty to defeat Radicalism; and that II NOES
subject osueh Convention and to no other
authority. But If there is nothing for the
committee to do, and IL is tsusctus ofscfo:
why urge it to resign" why discharge :"
It, and svho shall do that? Funny!
Yours, truly, r. T..DAsIEIis
We should this morning have published
the extract as to the duration of the commit
tees existence even if Mr. DANIEL had noe
sent it to us. It settles the question as we
wished to see it settled.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28
The General Assembly of Virginia
THURSDAY, Msrch q, 1878.
SENATE.
Lieutenant-Gover MARYE in the chair

lSll SIS 1Ot
SENATE.
Lieutenant-G Governor MARyE in the chair.
nlLLs PASSED.
Senate bill to authorize the revocation of
subscriptions to the Valley Railroad Com
pany, and the transfer of the same on certain
conditions, with the amendments proposed
by the House Of Delegates, was taken up and
the amendments agreed to; House bill to
amend the 39th section Of chapter al Of
acts Of 1sG9-T0 In relation 10 commissioner
| of roads; for the promotion of immigration;
10 amend the act 10 incorporate the town of
Dublin, in the county OF Pulaski; uuthoriz-
ing the trustees Of the First Methodist
church, of Richmond, to execute deeds of
trust; to incorporate the Danyillc and New
River Narrow-gauge railroad, Senate bill to
incorporate the Potomacand Valley Railroad
Company; House bill amending the acts,
&C., in relation TO certificates OF stock; Seu-
ate bill providing for the distribution of the
Gh r. Gale, Of Norfolk; for relief Of Joel
L. Walker, administrator Of David Bruce,
deceased. -, @.s
FROM LOUISIANA.
The CHAIR laid before the Senate COM
munication from the Hon. John Mctlncry
claiming to be the lawful Governor Of Louis
lana; which was read. ~
& On motion OF Mr.. HERNDoN, the COMMUNE
cation was referred to 1.-The Committee on
Federal Relations and ordered 10 be printed
FROM THE EXECUTIVE.
The PRESIDENT laid before the Senate a
communication from the. Executive in; rca-
ton to pardons, &C.; which was ordered TO
be printed. ~ ~
CoMaiTTEE RErcRTs.
Mr.. HeRNDoN, from the Committee for
Courts of Justice, reported bills to regulate
the fees of sheritfs to amend section 9 Of
chapter 1872 Of the Code In relation to of.
fence against property !; to amend aud reen.
act section 81 of chapter 184 Of the Code SO
as to pay sherifs, sergeants, and collectors,
for serving processes for the Commonwealth !;
|also, a report declaring it inexpedient to
legisiate on the subject OF a resolution in
quiring into the expediency of amending
the Code so as to allow, a, sheriff or other
officer full commissions where, in any case
after he makes distRint or levy, the debtor
pays oil and discharges the debt distrained
or levied for, to the plaintiff or bis attorney.
BY Mr.. ANDERSON of Rockbridgc, from the
Committee on Public Institutions: An act
amending various sections of the Code and
sets in relation to public free schools; aud
an acL to regulate the imposition, assess
nlent, and collection OF taxes Tor the support
OF public free schools by counties and school
districts, and repeaaIng certain sections OF
the aeis for this purpose, l5t.. 5s 4
y, 81 VI moi, MT VERNON. ....s 5sss US.
BIZ. THagAa, from the special committee
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28
DEATHS.

Dird, on Thursday morning, of apop!ezy, Mrs.
MAY j. BELL. consort Of Captain Thomas &.
BELL. formerly of Caroline county, Va.
Her funeral will take place on THIS tFrldayl
MORNING at 10 O'Clock, at the residence OF her
son-n-law. Mr. Robert f Broaddus corner OF Elcy-
eath and Broad streets Friends ond acIualnlauces
are Respectfully invited to attend
Died. suddenly, on the Goth instant. JOHN VEL
DEN second son OF William III. and Henrietta K.
Beverage, in the seventh year of his age.
The funeral will fake place from -. h2rk
church THIS (Flidayj MORNING at loa O'Clock.
Friends and acquaintanccs OF the family are re-
spectfully invited to attend.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28
B.awel1. the Alleged roreer.

HAyAMA, March 27.--Bidwell, the alleged
forger on the Bank of England, remains in
close confinement, cut off lroDl al commtni-
cation with others. Permission has been re-
fused to consult counsel. The authorities
have made arrangements, subject tOthe sane
ton of the Home Government, to send the
prisoner back to London as soon as the Bri.
tisl, officers arrive 10 take charge Of him.
Orders to that effect are daily expected from
Madrld $50, -. 1lTsE h.
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28
LOCAL MATTERS.

AMENDMENT TO THE CITY CHARTER.-Ibc
House last night passed the following Senate
bill Il only awaits the Governors sigma
ture to become law -. s45,.,s r. ~
~ Be IL enacted by the General Assembly,
That the siXty-serenth section of an act.ap-
proved May "a. 1870, as amended by an act
approved july II. 1870, to provide charter
for the city of Richmond, heamended and re-
enacted so rs to read as follows: III I,
nSEcr1oH G7. The City Council may, in the
name and for the use Of the city, contract
loans or cause to be issued certificates of
DELFT or bonds; but such loans, certificates, or
bonds shall not be irredeemable for period
greater than thrty-lour years. irortaed,
ho,rerer, that they shall not contract such
loans or issue such certificates of debt or
bonds for the purpose of subscribing 70 the
stock of any company Incorporated lor
work of internal improvement or other pur-
poses without being authorized so 10
do by three.fourths of the legal voters
of the city voting on the question :;
and tie Council shall, when such debt
or loan is created, provide q sinking
fund for the payment of the same. Neither
shall the city indorse the bonds of any such
company without the same authority. FRO
uided, ho,ccuer, that the said Council may
issue, or CAUSE to be issued, bonds for other
plIrpo<c s than those for railroad or internal
Improvement companies and the SAID bonds
or Understanding debt OF the city OF Rich
moud 90 issued shall not exceed twenty per
centum of the assessed value of the taxable
real estate in the said city and any excess
of such bonds or interest hearing debt over
and above the limit herein prescribed,
which my be created or issued IN violation
Of this provision, shall be void as to SAID
city, *
%. This act shall be in force from its pas
Sorpo
The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-03-28

RESULT OF THE CONFERENCE ON TIE UsURY
BILL.-The second joint committee of con-
ference on the disagreement Of the two
Houses of the General Assembly on House
bill in relation to interest on money or other
thing met yesterday afternoon in the Senate
chamber. The committee was in session
more than an hour. and finally agreed to re-
porta bill providing that per cent. shall be
the legal rate of interest, but that per cent.
may be charged by special contract; priu-
cipal and interest TO be forfeited in any case
where contract is made for greater rate of
interest than that allowed by law.