Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1881-06-13
MONETARY AND COMMERCIAL

VIRGINIA BoNrs &c.-J. 4. Hsnblstor r,,
Baltimore financial Circular OF Saturday -,
says:
Virginia load, are rather dull with M
te,isl change in prices. Consols sold %, t az;
Territories nuciuatsd between SCI and sly
E.H, Maury s. Co.'S. Richmond ci,coI,. q.
same date says:
Contrary 10 cur expeditions, Virgin, :,
curlties have been somewhat lower t5is yos So
but there has been general decline in ali ST.
which has doubtless tended to counter &C, ,Cn''
po1sri!y the good effect Of the encoursoi,r u; u,
finances of the State The decline pisy sI.n sac H1
explained bJ the absence US: al this mon,er. %
any foreign orders. 1t is well known that ~.
own people have for some limo ceased 10 mr.
chase these bonds, and their attention being rS1,
diverted, they have as yet scarcely had tro
enough to appreciate fully the importance or Inv
intelligence communicated by tho Auditor -
to the excelisht opportunities for invcs:ne,'l
offered by these bands at their present nrir"s
The English ard Germsn purchasers who nH,,
hold fully oas.half OF the consol snd teu.Er.,,
debt have noI Jet received tho news, and i.
eil;ct upon them will not DO eviten! until abcm;
| . considerable advance. The fepor. Of The An.
dltor shows two facts. First, that the rcatr:,,
ers. who went to work with tho aYowed lu-rtsc
OF reducing Ina assessments upon land as nlu,,
as possible. hAVa only bsea able 10 -educp tnnI
s per cent, ard that the ravetues of the S.,n
sufficient 10 carry en- the goyernm sat s1a ;h,
schools, and 70 pay the current Interest of i.'.
debt ss it COW atsLds, without further raduc,i,,
eithos Of principal or tho ratio O; interos, :,
that il the funding under Ma hcCu!.och Nil h.
| been allowed to proceed, tho rerepus W.T.,
have absor bed sll OF tha coupons tho inirrni a.,
count Of tho Commonwealth would hsye r..
reduced by non;ly h,lt q million annually, 80
current gore-nme and school expense. wr., !
have been paid, and surplus left in tho tres.Irr
On every side no see aud hear of uainljUs ,i,Ss
! CT abundant and increasing prosperity emnn,,
our people. We SEQ Tho farmstests :hrouohcma
| the Stale in bcttor condition and urter: en-.
| towns ard cities ara growing rapidly in s'x,srt
wealth; new capital Il being largely brou-ti II
every day, and new taIabio values Ara Ban,
crestod III every county. We ourselves Knn',
| cfseVcral millions thst have been BROUGHT h.r,
! recently 10 DO expended in erecting iron ipr.
| naco, nnd other improvements, and lar yr,,I.r
| sums arc being spent upon cue alhny new raj.
| ronds tina: arc being butt, repaired. and etIn- :
| cd throughout the Stale in every direction y :,
| our part We want to SEQ all Yirsrisnc whit
! and black, unite now in q tchemo to rsisa o MI.
| 1 per cent losn, pledsing everything we b-v"
revenues, lands and a., ~ security tor rrircn;
| ana interest," and with It retire evory to,I.- ..
| Cur Indebtedness ssvo the ten fortics A. 81
! existing low rates for money such lean c~nl4
| be plsc1d II proper guarantees were given an.
our people wore unanimous III desiring t 81. 4.
| carrying out the plan. q saving conI TIM, !.
effected OF about SiCOCCO par snoum"