Money matters, we may say, are a little easter, but trade is no better, and merchants and businessmen generally are awaiting the issue of events in national affairs.
The determination of the Banks relative to what notes shall be considered bankable, and what not, has relieved the business community very much. We give below a list of the Banks whose notes are bankable here:
All the Banks located in Richmond, and the branches of such as have branches.
Bank of Commerce, Fredericksburg.
Bank of Howardsville, Howardsville, Albemarle.
Bank of the Old Dominion, Alexandria.
Bank of Rockbridge, Lexington.
Bank of Rockingham, Harrisonburg.
Bank of Scottsville, Scottsville.
Central Bank of Virginia. Staunton.
Danville Bank, Danville. Va.
Farmers' Bank of Fincastle, Fincastle.
Merchants' Bank, Lynchburg.
Monticelio Bank, Charlottesville.
Southwestern Bank, Wytheville.
Branch of the Bank of the Valley, Staunton.
Branch of the Bank of the Valley, Christiansburg.
Exchange on New York, we quote at 7@8 per cent. premium; on Philadelphia 4@5; on Baltimore 4.
Specie is quoted at 5 per cent.
North Carolina notes, we learn, find ready sale at 5 per cent discount. Those of the Miners' and Planters' Bank of Murphy sell at 20 per cent discount.
South Carolina Bank notes are still 10 per cent below par; but, as formerly stated, there are few in circulation.
