previous next


Commercial.

Richmond Markets, November 19.
There is no new feature in commercial affairs.--The tightness and want of animation noticed for some time past, continue, and must continue while the present doubt and apprehension relative to political affairs and events agitate the public mind. Enterprise is trammelled; energy restricted. Men are timid about entering new plans and are indisposed to extend their present ones. The exchanges are getting involved; State currencies falling into trouble and giving trouble. State stocks and other stocks are falling. This kind of property, in a period of apprehension and national difficulty, is always first to feel the effects of commercial depression; but other species of property must experience the same fate. Sensible men indulge very discouraging forebodings, and express the greatest anxiety that something shall be done promptly, that we may know the worst, or avert the suffering which must come from the present state of public affairs if they continue. Virginia stocks fell to $80 in New York on Saturday, and we hear that there were sales on the street after the close of the Brokers' board, at $75. Of the currency of the Southern States, very little circulates in Virginia, save North and South Carolina notes. The former is 2 per cent. below par and the latter 5. Money is scarce here; but we notice the continued solvency of our mercantile classes. Indeed, they never were more solvent, if they ever were as much so. Nothing but the disturbing influences of the Northern crusade against the South, and the consequent excitement that prevails in the Southern States, affects their business at this time. How long these things must continue, and how far their consequences are to go, time alone can tell.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 3.0 United States License.

An XML version of this text is available for download, with the additional restriction that you offer Perseus any modifications you make. Perseus provides credit for all accepted changes, storing new additions in a versioning system.

hide Places (automatically extracted)

View a map of the most frequently mentioned places in this document.

Sort places alphabetically, as they appear on the page, by frequency
Click on a place to search for it in this document.
South Carolina (South Carolina, United States) (1)
North Carolina (North Carolina, United States) (1)

Download Pleiades ancient places geospacial dataset for this text.

hide Dates (automatically extracted)
Sort dates alphabetically, as they appear on the page, by frequency
Click on a date to search for it in this document.
November 19th (1)
hide Display Preferences
Greek Display:
Arabic Display:
View by Default:
Browse Bar: