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The Daily Dispatch: December 7, 1860., [Electronic resource], Turning around. (search)
might have been apprehended under such a state of things, as the payments due from all classes of traders are unusually light. The unfavorable news from New Orleans, communicated yesterday in private dispatches, is confirmed today. There have been a number of failures, and if the Banks continue specie payments there, it is evident that there must be much distress among the merchants and factors. Foreign Exchange is nominal, and, at the moment, is almost entirely unsaleable. the Stock market is lower, and there has been considerable anxiety to sell. Boston Weekly Bank Statement, Dec. 5.--the Weekly Statement shows the following footings: Capital Stock$38,231,700 Loans and Discounts62,069,800 Specie3,553,000 Due from other Banks7,993,000 Due to other Banks7,886,000 Deposits17,328,000 Circulation7,459,800 Mobile,Dec. 4.--Cotton — sales to-day of 4,000 bales at 9 ¼@9 ½ for middling; sales of three days 9,000 bales. Receipts 10,000 bales. Sterling Ex