21526. Monticello Bank (Charlottesville, VA)

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: September 28, 1857
Location: Charlottesville, Virginia (38.029, -78.477)

Metadata

Model: gpt-5-mini
Short Digest: 05e0ad08

Response Measures

None

Description

Monticello Bank suspended specie payments during the Sept. 1857 crisis (articles dated Sept 28–30, 1857). Later reporting (May 1858) lists Monticello Bank among independent banks redeemed when banks resumed specie payments, indicating it reopened. Cause of the suspension was the broad 1857 financial panic (systemic/macro shock).

Events (2)

1. September 28, 1857 Suspension

Cause: Macro News
Cause Details: Suspension occurred as part of the widespread financial crisis of late September 1857 when many banks suspended specie payments across states; reported alongside other Virginia bank suspensions.
Newspaper Excerpt: CHARLOTTESVILLE, Va., Sept. 28, 12M.-The Monticello Bank suspended specie payment about a quarter of an hour ago.
Source: newspapers

2. May 1, 1858 Reopening

Newspaper Excerpt: The Banks resumed specie payment on Saturday last ... Monticello Bank, Charlottesville listed among the independent Banks redeemed in this city.
Source: newspapers

Newspaper Articles (12)

1. September 28, 1857 Wheeling Daily Intelligencer Wheeling, WV

Article from Wheeling Daily Intelligencer, September 28, 1857

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BOSTON, Sept 28'-11 P. m.--The Suffolk Bink refused to redeem the bills of the country New England Banks, for individuals, for the alleged reason, that the amount was greater than the clerks could attend to. Deposits of country money, sent from other Banks are promptly redeemed. The county Banks generally are well protected and will retain the public confidence. NORFORK, Sept. 28.-11 p. m-No suspension of specie payments have ye: gone into offeet. There are apprehensions of a run tomorrow, by foreign brokers, but the Banks feel secure in their ability to meet it. New "York, 11 P. M.-Abbot, Dodge & Cr., Suothern flour house, has suspended. Rumors were atloat during the day, affecting the solvency of Clark, Dodge & Co., and Philips, Dodge & Co., which proves to be entirely untrue. PROVIDENCE, R.I., Sept. 18.-The banks of this city have resolved to suspend specie payments, their liabilities to the public are not over one quarter their capital. TRENTON, N.J., Sept. 28.-The banks have resolved to continue specie payment. The amount of specie paid out to-day was full three fourths less than on Saturday. The banks express their ability to meet all demands. No failures h TO occurred to-day. PHILADELPHIA, Sept. 28-11 P M.-The Governor has issued his proclamation to the following effect: Whereas, a serious financial revolution has occurred, resulting in the suspension of specie payments by the Banks of this and other States of the Union and the failure of many long established Commercial houses, lending to the destruction of confidence, a general embarrassment and depression of trade, and threatening to effect disastrously the credit of the commonwealth and great industrial interests of the people; and whereas, an occasion so extriordinary requires prompt and efficient attention to relieve the suffering community-therefore, I hereby convene the General Assembly, to meet in their respective houses in the Capitol at Harrisburg, on Tuesday, the 6th of October, at noon, to take into consideration and adopt such measures of relief in the premises as may seem to them, in their wisdom, to demand. The Presidents of the banks have agreed to restore the Bank of Penna. to its position at the clearing house to receive its notes and discount liberally for their customers. - RICHMOND, Sept. 28.-11 p. m.-The Banks of the city closed firm. The demand on them during the day was moderate, they have determined not to suspend and they refuse to take on deposit, all suspended Virginia Banks. The Monticello Bank at Charlottesville has suspended, it is reported that the Banks west of Lynchhure, have also suspended,

2. September 29, 1857 The Daily Dispatch Richmond, VA

Article from The Daily Dispatch, September 29, 1857

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CHARLOTTESVILLE, Va., Sept. 28, 12M.-The Month cello Bank suspended specie payment about a quarter of an hour ago. THE BANKS IN ALEXANDRIA.

3. October 1, 1857 American Lancaster Gazette Lancaster, OH

Article from American Lancaster Gazette, October 1, 1857

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wealth and the greatindustrial interest of the peoples and, whereas, an occasion so extraordinary requires prompt and efficient action to relieve an allarmed and suffering community; therefore I hereby convene the General Assembly, to meet in their respective houses in the Capitol at Harisburg on Tuesday the Bih of October, at noon, w take into consideration and sclept measares of relief in the present emergency. as may seem best to them, in their wesdom to demand. At a meeting. of the Board of Trade held this evening It was determined to call a meeting fee a poblic co-ope rationeh the various basiness interests of the city in referance to the proposed legalization of suspension; beheving that best interests of the comunity and Stategere subservient thereby dt was suggested at the board that where parties notes were protected only because payment is refused in other that par curreney. n is the duty of the collector to have the fact made us a public protest. The presidents of the banks-haveagreed to restore the Bank of, Pensylvania to its position, to receive its notes and discount liberally for their customers, RICHMOND, V4, Spt. 28, P. M -The banks of this city closed firm The demand on them during the day being mod. erate and they have determined not to sus pend. They refuse to take on deposit all sespended Virgima banks. The Monticello bank at Charrotsville has suspended and it is reported that the banks west of Lynchburg have suspended. New York. September 28, P. M-Messrs. Abbott, Dodge & Co. a Southern flour-house have suspended. Rumors were afloat during the day affecting she solvency of Clark Dodge, & Co. which prov ed to be entierly untrua, d PROVIDENCE, Sept. 28.-The banks of this city have resolved to suspend specie payments. Their liabilities to the public are not over one quarter of their capital. TRENTON. N. J. Sept 28. P. M.-The IS Banks othis city have resolved to continue ie specie payment. The amount. of specie paid out to-day was fully three-fourths less than on Saturday. The banks express an their ability to meet all demands, No failures have occurred to day. Augusta, Ga. Sept. 23.-The banks of North and South Carolinaland Georgia are all right. The question of a suspension is not entertained.

4. October 2, 1857 American Union Morgantown, WV

Article from American Union, October 2, 1857

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VIRGINIA BANKS. Richmond, Sept. 28.-Our banks are paying specie, and it is generally believed have determined to go on.There is no run yet. Both of the banks in Staunton, the "Central" and "Bank of the Valley," have suspended. Evening-Our banksall closed firm. The demand on them was moderate, & they have determined not to suspend. They refuse to take on deposit the notes of all the suspended Va. banks. The Monticello Bank at Charlottesville suspended to-day, and it is reported that the banks west of Lynchburg have also suspended. Alexandria.-The banks here will not permit a run upon them. They are paying out small sums only. Petersburg.-There is considerable excitement here in regard to the suspensions at the North, and some unea. siness felt by small dealers. There is no intimation of any suspension here. Our banks paid all demands on them up to 1:30 Monday afternoon. NEW YORK, Sept. 28.-Evening.The rates for money on the street today were enormous. In some cases loans were made at 5 per cent per month. The assignment of the Ohio Trust Company was unexpected here. President Stetson returns to-morrow to procure a stay of proceedings.

5. October 3, 1857 The Daily Dispatch Richmond, VA

Article from The Daily Dispatch, October 3, 1857

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LIST OF SUSPENDED BANKS.-The following is a list of the Virginia independent banks, which have suspended specie payment: Monticello Bank, Char lottesville; Bank of Commerce, Fredericksburg; Valley Bank, Charlestown; all in Winchester, Staunton and Alexandria; Merchants and Mechanics' Bank of Wheeling, and Manufacturers and Mechanics Bank in Wheeling; Bank of Berkely. Martinsburg; the bank at Howardsville, and Bank of Rockingham, Harrisonburg.

6. October 6, 1857 New-York Daily Tribune New York, NY

Article from New-York Daily Tribune, October 6, 1857

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The Philadelphia Press says: "The injury that suspension has worked against us affects our own merchants trading to New-York, or buying from Europe, because it is notorious that they must either pay in specie or suffer a heavy discount to the amount of the difference in exchange. There is not a Philadelphia merchant, paid in Pennsylvania currency by his customers, who is not compelled, first, to pay 3 p cent discount before obtaining in exchange for it Philadelphia notes, and, in the second place, forced to pay 4 P ceut premium to obtain gold, in order to meet his bills on New-York or Liverpool. These being the lowest ruling rates, make a difference against the Philadelphia merchant of 7 p cent; and this is caused by suspension. "These are facts as notorious 88 they are disagreeable. The knowledge of these facts impelled the celebrated meeting of our Board of Trade to advise upon the propriety of relieving our merchants from the pay. ment of the New-York bills in specie, and is at this moment the cause of anxious solicitude on the part both of the banks and the merchants. How far these merchants may be willing to sell cheaper than NewYork under such circumstances, unless to save themselves from protest and suspension, we cannot perceive." The Norfolk Herald of Saturday, says: "This (the pressure) we have reason to believe will not extend even to & nine days' wonder. Already we hear but little of it on the street. Men go about their business as usual. Orders for goods to the cour. try are to as large an extent as usual at this season; and piles of packages ready to be sent off are seen in front of many of our wholesale establish ments, from day to day. Money is certainly tight, and collections hard to be made; but business still goes on with considerable vivacity. The idea of a necessity for the Banks suspending is becoming fainter, and giving way to a well-founded expectation that all the banks of Virginia, except & few in the North-West will safely weather the storm. Indeed all the Southern Banks, 80 far, have done so, and if their condition has been correctly reported, they can continue to do so." The Farmers' Bank in Chariottesville has not suspended specie payments, and continues to pay all its notes in specie. The following is & list of the independent banks which have suspended: Monticello Bank, Charlottes. ville; Bank of Commerce, Fredericksburg; Valley Bank, Charlestown; all in Winehester, Staunton and Alexandria, and Manufacturers' and Mechanics' Bank in Wheeling; Bank of Berkeley, Martinsburg; the Bank at Howardsville, and Bank of Rockingham, Harrisonburg. The Banks of Richmond meet all obligations, but here the crisis 19 fast passing away. More of the independent Banks will resume specie payments in a few days. The run upon the Banks of the city has been quite limited. One broker who brought on some $70,000 worth of notes of the Branch of the Exchange Bank, demanded the specie. His notes were promptly cashed -and this will be the result in all similar cases. The State Auditor of Indians has called upon all the free banks in the State to increase their deposite of se-

7. October 8, 1857 Fayetteville Observer Fayetteville, TN

Article from Fayetteville Observer, October 8, 1857

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Bank Affairs in other States. ALBANY, Sept. 28-There has been a run upon the Savings Bank by small depositors. PITTSBURG, Sept. 28.-Every bank except the Pittsburg bank have sus pended. The officers of the banks adopted by resolution that temporary suspension of coin was necessary to protect business men. The excitement nearly subsided. BOSTON, Sept. 28.-The Suffolk Bank redeems country New England bills, when coming from other banks. but it is impossible to redeem for individuals because the clerks can't do the business. The Country banks are well protected and retain public confidence. NORFOLK, Va., Sept. 28.-Apprebension is felt of a run by Foreign Bankers to-morrow, but the banks are prepared to meet it. BALTIMORE, Sept. 28.-There is no material change in money matters. The Banks in some instances redeemed five dollar notes in specie at a premium of 7 to 10 per cent. PHILADELPHIA, Sept. 28.-The Governor has called the Assembly together on the 6th of October to take action on the suspension of the banks. RICHMOND, Sept. 28.-Our banks have determined not to suspended and refuse to receive on deposit bills of suspended Virginia banks. The Monticello bank of Charlottesville has suspended. The banks was Lynchburg are reported suspended. PROVIDENCE, Sept. 28.- The banks of this City have resolved to suspend. Their liabilities are not a quarter of their capital. TRENTON, N.J., Sept. 28.-The

8. October 8, 1857 Fayetteville Observer Fayetteville, TN

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The Banks in New York, Boston, Richmond, Charleston, Augusta, Savannah. &c., remain firm. The New England country banks are no longer redeemed in Boston. In Providence, R. I., the banks have suspended. In Washington all have suspended. Exchange in New York on Philadelphia 10 per cent, in Cincinnati on New York 5 per ct. Failures are reported nearly every where North and West, and business at a stand, and all alarmed. In Virginia. the Staunton Bank, Bank of the Valley of Va., Monticello bank at Charlottesville and the banks west of Lynch burg reported SO also.

9. October 10, 1857 Keowee Courier Walhalla, Pickens, SC

Article from Keowee Courier, October 10, 1857

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their doors this morning. The are said to be ample. Cards signe a large number of our wealthiest citize published, guaranteeing the solvency & Co., and Renwick & Peterso assuring depositors of the safety of the eposits. The public mind is very unse and there is a general run on our br The banks stand firm and aré di ounting liberally. Sr. LOUIS, Sept. 20-3 P. M.-TI ankers upon whom the runs were mai morning, freely and promptly met : hecks and thus restored confidence. T xeitement has almost entirely subsided. The immediate cause of the suspensi Bogy, Millenberger & Co. was the no of coin in transits. The probabi are that they will re-open to-morrow The assets of Anderson & Co., and Dawley and Barkdale, largely-exced the abilities. The prosumption is that th resume in a very short time. PHILADELPHIA, Sept. 30.-The ban acting in harmonious concert. Ti of Pennsylvania is arranging for basis. The business community fi utraged finance. at the want of a reliable syste MIDDLETOWN, Pa., Sept. 28.-T Bank of Middletown passed a resolution ay-making themselves individually lial all their notes. The combined weal the board of directors and cashier a million of dollars. and their eire is less than $200,000. 28.-The excitemé consequence of the unfavorable advie the East has paralyed business in tl New York exchange is quoted but only small amounts will be Pt at this rate. The paper of an iron house and a sh leather house has been protested. J. D. Holmes, manufacturer, has : RICHMOND, Sept. 30.-The conditi Richmond this morning maybe summ in a few words. It is dull, almost I and precedent. Financial affairs have respect improved; but have rather co nenced going backward, after the mann a crab. The only paper currency DE xisting here is that of the old banks a branches, and those who hold t of other banks find them, at prese entirely useless. The brokers will not b incurrent bills to-day, on any terms. onsequence of all this, business has suffer check from which it will not recover time to come. Baltimore, Sept. 30.-There is naterial change in monetary affairs he The banks, in some instances, are redee fives, as an accommodation. Spe ommands from seven to ten per cent. P for Baltimore funds. STAUNTON, Va,, Sept. 30.-The C Independent and Branch of the V Banks have suspended specie payme Charlotsville, Va., Sept. 30.-T Monticello Bank suspended the specie p ALEXANDRIA, Va., Sept. 30.--T Banks here to-day will not allow a run, a paying out small amounts only. NEW York, Sept. 30.-Thereis a par the stock market to-day, and Virgi are quoted at 70. BOSTON, Sept. 30.-The Suffolk Ba refuses to redeem the notes of the N England country banks, AWFUL RATES OF INTEREST.-Wels from unquestionable authority that th cent. and three and a half per ce month, have been demanded and be mid in our streets, within the last we What pursuit, business, or engagement v ustify such rates as these?-Freduric burg Herald. Our Fredericksburg cotemporary wo his eyes a little wider were he Charleston. We heard of a case on W nesday, in which a gentleman paid fift lollars for the use of one hundred and fi for a single day. This is at the rate of : cent. per month.-Char. Meroury, WASHINGTON, Oct. 2.-The Secret of the Interior has recently invested ne a million of dollars in State Stock irginias, North Carolinas, Tennessees, Invois', Missouris and Pennsylvanias.

10. October 23, 1857 Richmond Enquirer Richmond, VA

Article from Richmond Enquirer, October 23, 1857

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most successful plan for drilling wheat has been sorted to by one of our best farmers, who, instead the usual fluebing of his corn land, puts in his whe with no other assistance than the drill. His expe ment of the last year was 80 very successful AR to duce many of his neighbors to follow his plan in ti Fall's seeding. HORRIBLE ACCIDENT.-A valuable negro man. property of Major James Coleman was thrown upon circular saw while the machinery was in motion Thorntoneville in Fairfax county, on Monday, last 81 had his leg horribly mutilated, the saw likewise pas ing through the posterior portion of the thigh. H leg was amputated by the Dr. Day. NAVAL OFFICERS ORDERED.-The steam friga Powhatan is now preparing for sea at the Gospo navy-yard. destined to be the flag ship of the Es India equadron. The following is a list of her ficers: Captan- George F. Pearson; LieutenantsJohnson, Stephen D Trenchard, William W. R berts, Thomas Rooney, A. A. Semms, A. W. Habe sham; Fleet Surgeon-W A. W. Spotswood; Passe Assistant Surgeon-Chas. H. Williamson; Assista Surgeon-John W. Sanford; Pureer-B F. Gall her; Acting Master-Robert Boyd, Jr.; Chaplain Henry Wood; Bontswain- Kenney: Gunn -Henry Fitzosborne; Carpentor- Joseph G. Thot RS: Sailmaker-A A. Warren; Chief EngineerWilliam H. Shrock; 1st assistante Wm. H. Rut erford: 2d assistant George W. City: 3d assista do-W. W. Dungan, D. R. Archer, G.S. Bright at Wm. H. King. NORFOLK & PETERSBURG RAIL RoAD.-On Tue day the trial of 8 locomotive was made on this roa The great work goes on finely, and soon we shall in two hours of the enterprising and flourishia "Cockade City."-Norforfolk Argus. STAUNTON ITEMS-There is now living in th county, near the head of Middle River, an old me by the name of Smith, who is one hundred RI four years old! He is familiar with the scenes of tl Revolution, and was 8 prominent actor in th memorable struggle. His mental faculties are good and he can yet walk 20 miles a day. He draws pension from the Government. Several thousand head of cattle have been drive through this place this season. They are mostly fro the Southwestern part of the State, and take ti valley route. Mr. Daniel Trayer, known to many of the peop of our town, has been a resident of Staunton for years, having removed to this place in the year 179 He 18 now about 80 years of age, and is, doubtles the oldest inhabitant.-| Vindicator. FINE CATTLE-Eight head of the fine cattle Samuel C. Luddington, Esq., of Greenbrier, are no on the way to Richmond, to be exhibited at the Stat Agricultural Fair. Among the number is his pro mium bull, Scipio, which has taken six premiums the Greenbrier Agricultural Fair. He in only thre years old and weighs twenty-one hundred pounds.He. as well as his calves. took the sweep-stakes pr mium at the Greenbrier Fair, and we think it quit likely be will take the premium at the State Fair. The cattle of Mr. Luddington have taken the pro miums for four successive years at the Greenbri Agricultural Fair.-|Stannton Spectator. FIRE-The dwelling house of W. W. Compton. o Clear Fork, in Tazewell county, together with all contents, was consumed by fire one night last weel The family did not 80 much as save their wearing a paral. Loss estimated at about $2,000,-[Jefferso. ville Advocate. WARRENTON ITEMS.-The greatest number of will Pigeons are now passing through this section. Ot sportsmen are daily in the woods and 8 vast number are being slain. We hear of two gentlemen who one day killed 430! The eale of the late James Payne's land and person al property came off on Thursday and Friday last. unleased land was sold for $25 75. A blacksmit brought $1,600 and & woman with two small childre sold for $1,750.-[Flag. A white man in this county, whose name we hav not heard, was badly shot in the lung on Sunda inst while out Pigeon hunting. He was loading h gun when it accidently went off. Persons cannot t too careful while hunting.-[Whig. PRINCE WILLIAM ITEMS.-The trial of Williar Brevier, charged with stack burning. occupled mos ly this term of the county court. The prisoner we sent on to the Circuit Court, for trial; and application for bail refused. The appeal docket was taken up and the case Woodyard, adm. us. Mills disposed of. Sinclair for appellant, and Hunton for appallee. On Monday next the October term of the Circu Court will commence. Several cases of interest W come before it.-Brentsville Journal. CHARLOTTERVILLE ITERS.-We are informed the E.J. Thompson of this county, concluded the sales his crop of tobacco on the 27th of August average of $15 39 for his whole crop. Ingo which We learn that, notwithstandingt/Yo suspend spec has induced the Monticello Bank has me in specie funds, every demand which depositors hav made upon it. The tract of land belonging to the late Jeremiah A Goodman, lying about H unile and a balf South town and containing 280 acres. was sold at auction, day or two since, by Benson & Brother, auctioneer for $27 per acre. Rev. W.P. Farish purchaser.[Charlottesville Advocate. THE RACES-FIRST Day.-The races at the New Market Course commenced yesterday. Thefirst rac was knocked into cocked hat by the non-appear ance of the nage entered for the contest. The fire race was taken by Watson's Zinganee colt. The 86 cond race was between Tally's Engineer, Watson' John Dodson, and Christmas colt. The latter wa distanced on the first heat, Engineer coming in tw lengths abead. The second heat wasrun in the same style, Engineer coming in two lengths ahead. Time of each heat-1.54.-[Petersburg Express, Oct. 22. THE FAIR AT PETERSBURG.-We were surprise to find assembled at the Fair Grounds Wednesday a concouree of persons which could not have num bered less than five thousand. The day was singu larly propitions. Not a speck of cloud was discerni ble in the heavens, and the temperature, though dis agreeably cool at early morn. had moderated to a de licious balmness by eleven b'clock. The ladies were out in great numbers and full feather, representing the beauty and intelligence of every section of North ern Carolina and Southside Virginia. The rosy cheeks of the mountains, and the less ruddy but no less beautiful faces of the Seaboard, were admirably blended in the vast assemblage, and presented 8 pic ture AR charming to the eye as it was gratifying to the pride of every beholder. After general survey of the grounds, and R minute inspection of the many rare sights in Floral Octagon and other Halls, the company obeyed the summons to the Speaker's stand, where the address was delivered by Matt W. Ransom, Esq., of War ren, North Carolina. Of the merits of this address it is not our purpose now to speak in detail. Want of time and space forbid it. We may say, however, that we hear but one opinion expressed, and that awards it the highest praise. Admirably conceived. and couched in language MM chaste as it WILL apposite, it enlisted and retained the undivide attention of every auditor. The delivery too, was deservedly the theme of much praise. Bold, emphatic, impassioned, and at intervals thrillingly eloquent, the enthueinatic applause of the audience frequently interrupted the speaker. A copy of the address will of course be requested for publication, when we hope to place 8 portion of it before our readers. The attractions at the grounds to day are of a kind to draw out larger attendance. if possible, than yes. terday. At 11 o'clock, Mr. Chase of Chesterfield, delivers a poem; fast horses will be exhibited on the track: R Tournament is to come off; and at one o'clock the ploughing match takes place. Enough for one day surely.-Petersburg Express, Oct. 22. SHOEMAKERS BOUND FOR VIRGINIA.- the last week several shoemakers in Danvers have made emall investments in Virginia land, purchasing war

11. October 30, 1857 Cooper's Clarksburg Register Clarksburg, WV

Article from Cooper's Clarksburg Register, October 30, 1857

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THE VIRGINIA BANKS.-The following Banks in this State have suspended specie payments: The/Bank of the Valley at Winchester and all its branches at Staunton, Charleston, Christiansburg &c.; the independent Bank of Winchester and the branch of the Farmers' Bank at the same place; the Central Bank of Virginia, at Staunton, the Monticello Bank, at Char: Jottesville; the Bank of Rockbridge, at Lexington; the Bank of Rockingham, at Harrisonburg; the Banks Alexandria, Fredericksburg, Lynchburg, Wheeling, adidas and other places, The Banks at Richmond and Norfork, with most of their branches, including those at Petersburg, have stood out against the pressure.

12. May 7, 1858 The Daily Dispatch Richmond, VA

Article from The Daily Dispatch, May 7, 1858

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THE DISPATCH. MAY 1, 1858. FRIDAY MORNING Financial and Commercial. The amount of capital stock necessary to be obtained for the Bank of Danville to begin operations has been subscribed. The subscriptions at this time amount to $102,000, which to two thousand beyond the minimum prescribed. Sales in New York, Wednesday. of $4000 Virginia at 93 $4000 Tennessee 6's '90 at 90; $1000 North Carolina at 94% and 8300 de at 95. At C W PURCHLL & Co's regular auction sale on Thursday, 6th inst, Stocks hold at the following prices: Virginia States Stock 90@ 101/2 and interest. Virginia Central R R Bonds 0% and interest. Bank of Virginia Stock 72%. Alexandria Fish Market, May 5. The arrivals to-day about equal those of yester. day There was an actival from Chapman's Point of 20,500 Herring. Prices are without material change Sales of Shad at $10@11 per hundred: Herring $9%@10 per thousand The demand continues very active, and greater than the supply. Northern Markets BALTIMORE, May -Flour dull and unchanged heat steady good prime Red $1 1.05@1 10: W hite $1.20@1 Corn-White 62@65c; Yellow 65@68c NEW York. May itted as@ 4.18:0hio $4 25@ 50; Southera $4 45@1 75. Wheat lower Southern reported. Corn dell and nominal. Stocks dull and lower. Virginia 6's 92%. Richmond Markets, May 6. GENERAL REMARKS- has been little alteration in the breadstuffs market since last week Flour and Wheat are dull with very moderate re coipts. Two or three of the heaviest mills have cansed grinding. There is slight advance to note in Sugars. The Banks resumed specie payment on Saturday last, and no shock to business was apparent On the first day, the Brokers made a partial run on some of the interior institutions. In Lynchburg, $60,000 in specie was drawn. and in Staunton, $80,000. No incon enience, however, has resulted. The following is a list of the Independent Banks redeemed in this city Bank of the Valley at Staunton, Central Bank at do.; Monticello Bank, Charlottesville; Merchants Bank, Lynchburg: Bank of Commerce, Fredericksburg: Bank of Scottaville; Bank of Howardsville: Old Dominion Bank, Alexandria; Bank of Rock bridge, Lexington: Bank of Rockingham, Harrison burg. All other independent Bank notes, save those issued by the Banks named above, are at 1/2 per ct discount. Those Banks named as here, are received in the old Banks on deposite. APPLES.-Dried Apples $1 25@1 50 P bushel of 28 BACON lbs. dull. We reduce our quo tations: Sides 10% Shoulders 8X@8%c; Hams 12c: Bagged BAGS 12/60 Seamless Bags 25c.; Manchester Bags 250.; Baga12@14c Gunny hite $1.373/@1 50 per bushel, BEESW AX Mb. in demand BUTTER. quote Mountain 20@25c for firkin: 22@27 for roll; Goshen 23@27c. Supply not large. BROOMS $2@3 according to quality BUCKETS. Painted Buc $2 dozen; three hoop Painted Pails $3 a dozen; heavy Cedar Tubs neat, $3.50@5 P nest; heavy Cedar Feed Buckets $3@ 3.25 CANDLES dozen -Tallow 16c. P 1b.: Jackson's 16@17c Hull's 19c.; Adamantine 22@23c.; Sperm 450.; Patent Sperm CEMENT -James River .80 * bbl.: Hudson River $1.80@1 .85: Hoffman 1.80@1.85; Lawance $1.80 @1.85. COAL White and Red Ash Anthracite Coal, for grates. $7.00 73 load 2000 lbs., ton of 2240 lbs. $7.50; Foundry do. 50 ton of 2240 lbs. Bitumi nous Lump $5.75 * load of 25 bushels: Hail $5 * load: Smiths' Bitumit Coal 13@14c OFFEE -Market firm. quote Rio 11@12 cts as to quality and quantity: Laguay ra 12,2c; Java 20c; 20c to Mochs COKE city consumption $5.50 per cart load of 25 bushels. for noft Lump: soft Hail $5. Hard $4.75 Hail and Lump CORN. Market steady at 65 to 70c., the latter for limited lots. CORN MEAL 95@70c . bushel. Transactions in Meal mostly in the retail way. COTTON- 12c. b. COTTON YARNS, &c.-Cotton Yarns 27@28c.; Cottoo Cordage 240.; Seine Twine 27c.; Carpet W arp 22c.: 22c. Wrapping FLOUR. Twine The Flour market during the week has been dull, with very moderate receipts. Last sales were made at $5@5 12½ for Superfine. FERTI Peruvian Guano, with cash in hand, can be bought $55; xican scarce at $25 ton; Patagonian $35: Sombrero $34; De Berg's Manipulated Guano $40; Reese $50; De Berg Super Phosphate Lime $40 * ton; Rhodes' Super Phosphate $46.50 P Lime ton. of FEATHERS -Stock light; demand light. Sales at 40@45, in quality an quantity FISH SI@ for No. Nova Scotia Cut Her rings, from wharf, last sales; no N. Carolina in market. MACKEREL $11: No. in kits $2.25. PLAXSEED 20@1 30 P bushel. FRUITS. ORANGES. Havana $8.50@10 * bbl.; 8i city, $3.50@3.. B box LEMONS- $3.50 P box. RAISINS Bunch, in boxes, $3 3.25: Layer $3.50@ 3.75 FiGs- 15@20c. *D. PRUNES 19 to 40c. B. accord style. ing FLOUR BARRELS cts. GRASS SEEDS We quote Clover Seed 50 to 5.75; and Timothy 50@3 per bushel. Season over and no demand for Grass Seeds GINSENG. We quote crude 43@45 cts., last sales for small parcels. The quotations are nominal in this market. RR.-Dupont's and Hazard's Sporting $5.25@6.75: do do. Blasting $3@3.50 P keg. HAY -75(@80 ets # cwt. from store; 65@70 cts from wharf. HOOP bbl. $6@7; hhd. $17@18 per thousand IRON AND NAILS.-Pig Iron $32 50 and 33.50 Swedes $120 to 125 per ton. English refined and Tre degar $85; Common English $75; American country $100. Cut Nails to 1 & C LARD new Lard in bble 11%@12c in kegs 12@17%c. quote cents P tb for Pig. and 6½ cts for Bar LIME. sales at 90c. from vessel. From store We quote for Northern $1.25@1 30; Virginia 90c @$1 LIQUORS. BRANDY, Otard, Dupuy & Co., $3@5.00 * gallon; A. Seignette, $2.25@4.50; Sazerac, $3.25@ 4.50; Hennessey $3.95@5.00; Peach, searce at $1. 25@2 Virginia Apple 60@85c.; do. old, 50; northern do., 55@75c; imitation, 45@47 cents. RUM -New England, 50@52cts., for mixed; 55% for pure. GIN.Holland 20@1.75. The above quotations of foreign liquors have been unchanged for some time. culars from leading importing houses intimate that the reduction of the tariff will not effect the quotagood liquors of tions -Wequote good stamp, weight 20@22c TD: middle weights 23@25c; light 220024 good dam aged 30@21c; poor 14@16c; upper leather 50@3.25 in size, weight and qualit the latter price only superior heavy sides. Harness 25@28c; Skirting in the rough, 22@24c; finished, 25@28c. There is an Leather in upward tendency LUMBER. Clear W hite Pine, $45: refused do $29 merchantable, $20@25 # M. One inch yellew pine plank 10@12; three-quarter do. 9@11: 1½ do. $14@16; do. $13@14; do. $12.50@15. Flooring, $18@20.00 face measure antling, $11@13 for heart and sap: all heart, $16@20, according to size Garden Rails. heart and sap, 12% each; all heart, 1s@25c Shingles, $5(a)6 M. eather Boarding, $13@16.Inch Oak Plank, $30@35. Buttonwood % inch, $25@ $30. Inch Cherry, $35; % Poplar, $20@25 # Dressed Flooring. Virginia, $25@28 Dressed Floor ing. Southern, the 28@30. Laths, $2.25 to 2.37 a M. for on whar! sawed. -New Orleans 37 to 40c; Cuba 25@30c: P. Rico 30@35e. OATS- 30@35c per bushel. OFFAL. Bran 12½ cts. per bushel; Shorts 18 cts.: Brownstuff cts. Shipstuff cts. PEAS Clay and Black $2.50 . bag of bushels. PLASTER. Small receipts have at 75(a)5 a ton: Northern Ground $7.75@8; Claiborne's do. $9 * ton. Calcined $2.37 4@2 bbl. ATOES Stock of Northern large. We quote 85c to according to quality; Virginia 60 to 70c. ROSIN 70@1 75 bbl. RICE.-4%@4%c. YE-Couatry 70c per bushel. drop and buck 2C, cash and time as to quantity, for Prime Corn 8 cents STAV ES-Good oak, for flour barrels, we quote at $8 per thousand for green: $8.50 to $8.75 for seasoned 16(a)20 cents per D. SENECA ROOT 30@35c, nominal $1.50@1.55 SALT-By cargo, from wharf, $1.40: from store. BUGARS. quote New Orleans %@7% ets.: P. Rico and Cubs, none in market Loaf 12c "rushed and Powdered n@n Coffee 93(c; B Coffee 91/2: Coffee 8%0: Extra 834c. TOBACCO. receipts of Tobacco have not been so large for the last few days, but the breaks are very full. Asregards the quality of the Tobacco, we say that the breaks for the last week have been com posed mostly of inferior Lugs and common Leaf, and very soft order, much of it warm and funked quote Inferior Lugs $3603.75@4 good $5@ $5.75; dry Shipping $6@6 500 Interior Leaf $6 75@ 7.75: good $8@9@9.50 fine Stemming $11@ Some few dry Maglish hhds have been sold this week at from $10 -order fine, but quality not. Good Manufacturing $9@10.50 fine 50(@)17 .25. Imperial and Gunpowder 55c.@31 20. WHEAT -Wheat still arrives in moderate lots and the quotations remain unaltered $1.20@1 25 for to prime Red: $1 30 to 35 for good to prime White. The mills of Hazail and Crenshaw & Fisher finish their stocks and close operations wi h the present week The Gallego Mills and Dunlop, Moncure Co will likel) the middle latter of Those wheat