The Daily Dispatch: August 5, 1862., [Electronic resource], Money and stocks.

Home Collections/Texts Perseus Catalog Research Grants Open Source About Help

Hide browse bar Your current position in the text is marked in blue. Click anywhere in the line to jump to another position:

This text is part of:

Money and stocks.

The buying price of gold is now 100, and the selling 120. Silver 80 and 100. We have recently heard of retail transactions in our markets, where a vender of produce has readily accepted fifty percent. less in specie for articles than he originally demanded in current notes; but we are gratified to State that there are very instances in which the people do not regard the paper currency as a sufficient medium for buying and selling purposes. The notes of small denomination, issued by the Confederate and State Governments, are now in plentiful supply, and these, with the aid of the small notes issued by the city of Richmond, have really relieved the community of the inconveniences entailed by the withdrawal of specie from general circulation. Government and State stocks meet with ready sale at the following rates: Confederate convertibles 101 and interest; Confederate States bonds (15,000,000 loan) 101 and interest; Confederate States bonds (100,000,000 loan) par and interest; Virginia 6's, coupons, 102; Virginia State registered bonds $100; North Carolina's 111@112.

The Daily Dispatch: August 5, 1862. Richmond Dispatch. 2 pages. by Cowardin & Hammersley. Richmond. August 5, 1862. microfilm. Ann Arbor, Mi : Proquest. 1 microfilm reel ; 35 mm.

Institute of Museum and Library Services National Leadership Grant provided support for entering this text.

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.

Greek Display:
Arabic Display:
View by Default:
Browse Bar:

The Daily Dispatch: August 5, 1862., [Electronic resource]

This text is part of:

Table of Contents:

Money and stocks.