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other ironclad steamer just completed at Richmond, equal, they say, if not superior, to the Merrimac. She is reported to be launched and ready to sail down the James river, to unite with the Virginia. I give you this statement as coming to me through sources in which I place considerable reliance, as I know the parties, and am cosition which they have held since the war began. With their iron clad sea monster, the Merrimac, and her iron-cased satellites, the rebels not only command the James river on the one side, but they render York, on the other side of the Peninsula, somewhat unsafe to our wooden transports and gunboats. All this results from the conhe remains intact and afloat, is worth an army of fifty thousand men in the defence of Yorktown, preventing, as she does, any naval diversion on our part in the James river in support of General McClellan. In conclusion, this siege of Yorktown, under all the circumstances attending it, puts a new phase upon the rebellion. Our
don; Bank of Commerce. Newbern, Bank of Fayetteville, and Bank of Washington, all 1 per cent. discount. Sales of Stocks in Richmond — Reperted by John a Lancaster & son, for the week ending April 24, 1862. Confederate States Bonds — sales at $98½. Confederate States bonds--$100,000,000 issue — sales 97. Tennessee State bonds--(interest suspended,) last sales, 90. Virginia 6 per cent. Reglatered Bonds, sales at 96. North Carolina State bonds — sales 103½ Richmond City bonds — sales 100 and int. Petersburg Citjy Bonds — sales 90. Exchange Bank stock — sales 98. Farmers' Bank stock — sales, 95. Bank of Virginia stock — sales 67½ Bank of the Commonwealth stock--sales Old Dominion Insuraned Stock — sales, 24¾. Insurance Company of the State of Virginia--sales 24. Virginia Life Insurance Company Stock — last sales, 1.15. Virginia Fire and Marine Insurance--32½. Richmond Fire Association