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The Daily Dispatch: November 19, 1860., [Electronic resource] 1 1 Browse Search
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The Daily Dispatch: November 19, 1860., [Electronic resource], From the South. (search)
nouncement of the project for the purchase of foreign exchange (alluded to above) there was a manifest improvement in all descriptions.--U. S. 5's declined 3; Tennessee 6's 4 ¼; Virginia 6's 6; Missouri 6's 236; Bank of Commerce 1; Illinois Central bds 2 ¼; New York Central 3 recovering 1; Del. and Hudson 4/2; Pacific Mail 3 ½, recovering ¾; Hudson River 2 ¼; do, preferred 1, afterwards recovered; Reading it, recovering 1; Michigan Central 3 ½. We regret to learn of the failure of Messrs N. H. Wolfe & Co., in the Western produce commission business. They are said to have abundant means, but their payments were large, and they were not able to negotiate their exchange to meet them, or even to collect their cash bills. A proposition is on foot to raise one million of dollars or more, with which to discount the notes of leading exchange drawers, (bankers,) to run 45 days, thus enabling them to buy up the most pressing produce bills on London, and to remit them for a return of s<