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The Daily Dispatch: June 10, 1863., [Electronic resource], Lull in the blockade business at Charleston. (search)
the enterprise of blockade running. The two first houses, however, have had the cream of the business. The shares of President Bee's company (original value $1,000) sell at $10,000. Teat will probably maintain its present standard. Two fine steamboats belonging to them are now in port, the well known Ella and Annie and the beautiful steamer Orion, lately arrived. In addition to the above we have the Palmetto company, Atlantic company, Chicora company, Charleston company, Lamars company, Calypso company, and one or two others not yet made public. While there is doubtless a great deal of wild gambling, the beneficial effects of these enterprises are beginning to be felt by the public. Prices of goods are tumbling rapidly. One speculator who has worked hard to keep the control of the retail market by the purchase of whole cargoes, has succumbed, and admits a loss on his two last purchases of over $75,000. The price of stock in the companies is also retrograding. But the new enter