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The Daily Dispatch: April 15, 1863., [Electronic resource], Reported fighting on the Rappahannock . (search)
Tuesday, April 14, 1863.
Specie and Bank Notes.--The premium for gold (selling rate) is $5. The amount offering is inconsiderable.
Sliver is nominally $4.75. The brokers will pay $4.50 for gold.
Bank notes are firmer.
We quote selling rate at 80 per cent, though some of the brokers continue to ask only 75 per cent, for Virginia notes.
Confederate Treasury notes issued prior to December 2d, 1862, are in demand at 2 per cent, premium.
Bonds and Stocks--In view of the auction sale to-morrow (Wednesday) we omit our usual list of quotations.
Confederate bonds are firm, with an upward tendency.
The new issue of eight per cents, which will cease on the 22d inst, are now sought after at 2@: per cent, premium.
Bonds of the 100,000,000 Loan, long dates, may be quoted at $105@107, firm.
The absorption of Treasury notes by the funding process is progressing favorably, and will counter act the tendency to a further depreciation of our currency arising from the heavy issues
North Carolina Legislature.
--Governor Vance has called an extra session of the North Carolina Legislature, to meet on the 30th inst. The Fayetteville Observer says:
It is understood that the object is to adopt some course in regard to the Confederate Treasury notes issued before December 2d, 1862, which Congress has depreciated by its unwise legislation.
We hope and believe it will not be found necessary to adopt any measure like that of the Virginia Legislature and some of the Virginia Banks, but that some plan may be devised to sustain the currently, in this State at least.