The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1876-08-30
GENERAL INTELLIGENCE.

BIG DEMOCRATIC CAMPAIGN FLAG RAISED.
Especial telegram to the Dispatch.l
PETERSBURG, August ga magnificent
banner eighteen by twenty-four feet, in
honor OF Hinton, Tilden and Hendricks,
with the likenesses OF each thereon, was
raised across Sycamore street tonight from
the Inde1-Appeas building to the house OF
posite. 1t was done so quietly that but few
citizens will know it until morning.
ASSOCIATED Press Telegrams.]
NEW YORK POLITICS.
SARATOGA, August pa large number
of delegates to the Democratic State Con-
yention, which meets here tomorrow, have
already arrived. The persons most spoken
of for candidates for Governor are Manton
Marble and ACKNOWLEDGEMENTS Dorshel-
mer. The Tammany and anti-Tammany
delegates have come to al agreement, by
which Tammany has 80 and anti TammanT
"a delegates to the Convention. Anti-Tam-
many IS also to have two representatives on
the State Committee and three on the cleo
toral ticket. '.1
NEW YORK, August %. The Republican
State Committee has been organized with
A. B. Cornell as chairman. .,a.. ''
CONGRESSIONAL NOMINATION.. '2H
SELMA, ALA, August 29.-General c. NJ.
Shelly has been nominated for Congress by
the Democrats, OF the Fourth DISTRICT
GREAT TUMBLE N coAL-INTESsE EXCITE
-., -: MENT AMONG COAL DEALERS. n
NEW YORK, August 29.---A great coal sale
took place here to-day, and an immense
amount was sold. Prices tumbled from 81
to 50 per ton on all grades. The excite
ment at the offices of the coal dealers down
town is intense. Scarcely any dealer is
alone. Consultations and conferences are
being held in almost every office. Never
before has there been so much interest taken
in the price OF coal.
Mr.. Samuel Sloan, president OF the Della
ware and Lackawana, Company, said the
prices obtained are much lower than was
expected, but they are 4 peace-offerlng to
the public.
A. S. Swords said that the object OF the
coal combination had been to diminish the
supply by taking measures to prevent over
stocking the market, but that now the same
effect had been brought about. The pro-
ductien would be stopped, because coal
could not be gotten out Of the mines and
delivered at the present prices.
Other retail dealers expressed similar
opinions, and while acknowledg that the
price OF coal would come down, added that
it would not keep down, because 1t could
not be supplied at these rates. -
The sale to-day took place ut noon at
Hanover Square, which was completely
blocked with coal spectators. Buyers from
oil parts of the country were present. In
tense excitement reigned in the neighbor-
hood, and wagons, trucks, and windows
were filed with spectators, while actual
buyers were congregated In dense mass
around the auctioneer's stand. The auc-
tioneer read the conditions of the sale, and
announced that it was perfectly bona fde.
He said there were four companies repre-
sented I'M the sale, but they were not COM
.bincd in any way, and no effort would be
put forth by them to keep the market up.
The four companies selling coal were the
Delaware and Hudson Canal Company,
Delaware, Lackawana and Western Rail-
road, Company, Philadelphia and Heading
Railroad Company, and Pennsy lvan Fan Coal
PoTTsyILLB, Pa, August e9.-The prices
realized by the auction sale OF coal IN New
York were anxiousiy looked for by oil en-
gagged in the coal trade.E Much surprise and
alarm was shown as the prices were bulle-
tined: the goneral expectation being that
the sale would be nd ionrned i $500 per
ton, as the lowest figure, could not be OBJ
tanned, 1.-The coal operators say the prices
brought win compel them all to suspend OPP
erations, unless tolls and labor can be re-
ifuced to d much loYer figure. than atspres::
emit. With chances against them even O,
greater reductions, and as the miners will
hardly submit to lower prices than now pre-