The enquirer. [volume] (Richmond, Va.) 1804-1815, 1809-12-07
sJIlatareuaneou8.
CIRCULAR.

y
vail. and the prices Of those articles, for which
there 10 lite or no demand are, inti,e mean time,
declining a. the buyers seem determined in their
re solution OF waiting for the next atlvices from
America. upon the n allure of which their future
operations will depend. We have, as yet, rer
s',ved n" accounts of Mr.. Jackson's arrival. but
IT 70 still pr. valent opinion that he will succeed
in aeccmpli. hing thf object of his mission-A
c, rd.ai understanding is certainly the interest,
anil It y hoped, that this consideration win
powerfully influence the councils, OF both coun-
tries ...L.I.
Although the enquiry Cor American produce
has greatly subsidized, and consequent reduction
snsued, yet our prices are still, comparatively,
high, and would, We have no doubt, realize pro-
NJ on several Of your exports, after dsfraying the
expences incident to q circuitous convey ance.
anat there are many persons in the u. States,
VINO YIN act upon such persuasion. appears
highly probable, and this idea, which has been
confirmed by the arrival, direet, of an American
vessel, cleared out for Lisbon. must naturally
tend to encourage the consumers to expect fur
ther depression in the prices. This effect will also
DC increased by the approximations pf the holders,
which will induce them to force off their stocks
upon dull and declining market, while the same
causes will operate powerfully in checking, If
not Tor time, wholly destroying the spirit of
speculation.
The demand for several descriptions of cotton,
- tolerably regular, but accompanied with no
spirit The holders, al present, evince no solici.
tuds TO force the sales by reducing the pricess
whhe the dealers purchasa no more than Is suffi-
cient to supply the immediate demands of the
sP'nners.-The sales Of American cottons, which
have lately, been made, are principally confined
TO Uplands. The prices of this description NAV
be quoted at 18 1-2 a 20d-New- Orleans are in
little request at 20 liz 22d-Tennessee are
similarly circumstanced at I'D a 20d-Sea Is
lands, which have been fer some time, almost en-
t'reiy neglected, may he quoted, neminally, at g
q: "a. per 10. There are no Bourbons in this
market; the last sales were effected at Is 4s
3D. per ID.
Ashes have. in some degree recovered from
!heir late depression, butth demand is still very
trllted New York Pots may be quoted at 5os.
ses snd Boston at SIS 6O-Pearl of which
the supply is not large are held at 63s. 65s. per
cwt. -...
tits mot fully ascertained that pacific arrange.
ments have been concluded between Sweden and
kusHa As this event NAV be expected ultimate.
~, to enhance the value oftar, few specula,ors
have been induced to buy American, freely. a,
Sos a 3Ss per barrel, and, at these prices, pu, .
chsses. we believe, would still be made. To Of
iect sale OF turpentinc, at the present moment.
would be almost impractcable the prices.
winch are ',iii quoted at SIS. SIS. per cwt. are
therefore, merely nominal
During the whole of September. the weather
was of very alarming description, threatening
the country IN general with consequences of a
most calamitous nature. The relations in which
we stood with respect to foreign countries oapable
otsupp'ying us with grain, were only of a ch.rac
Ter calculated 70 increase our approximations. The
combination OF these events advanced the prices
OF wheat and -four to height very rarely Wit
messed az that early period-the middle IF har.
vest Good wheat was sold as high as IVA ~
cd per 20 ID. and superfne -four at 62s a ga.
per barrel. With the commencement of ,L;s
month, however avery happy change was ex
Pe'.ehcea IN the state OF the weather, WHICH has
Continued, on the whole, very favorable. and
there is now prospect of our harvest beina co.
cured IN much better condition than was exnect-
ed This circumstance has had. as mich, he
supposed, considerable influence upo1 our
market, and the depression which it was n,,u.
rahy' cacuiated to produce, has, in some de-
gree, been increased by 4 late order in council
admitting the Importation of grain from Franc.
ah1 Holland 1t must nevertheless, be admit
ted, that the crops, in the rorthe rn district.
h"ve been much injured, and that the stocks IL
old wheat have not been, for many wears. SO much
reduced as at the present period. From these
considerations, and the probability. that IN. s,,
plies from France and Holland viii! he nf NJ n
magnitude, we may infer. that our prices will
continue high, and in the event of direct inter
course with your country, offer a fair induce.
ment to the exporter The demand, however
is at present very limited. and good American
wheat cam scarcely, be quoted higher than 16s
per Iolps, and supert'ne -four, than SIS SOS
per b.rreL
The prices of rice, in consesuehce ne The =.
Verse in our grain market, have, of late been
gradually declining. The sale is now yerv dull
and the good Qualities cannot be considered as
worth more than sos 32s per cwt
Tobaccoes participate largely in the general
depression----York and Jarnes's river NAV he
quoted at Cd u IL -----Rappahanncck at sd !, I'll
and stemmed at I'D a lad per ID.
Timber moves off vers slowly, as the higb
prices have materially checked the ,cons,,mn.
tive demand. The different descriptions NAV h.
quoted as follows New. York oak logs $ OIL
os pine d Sd q 81; New-EnglAnd oak 4s
10d a IS pine 4s Al 4s 5d--maple, beech
and birch - "a a Is I'd, and pitch pine at Is lid
a SIS Id per cubic foot
For slaves the demand is very limited Cood
white oak barrel are held at Isi 2Ol hid, at
ISL aS6,---<nd pipe at <0i a al per M
The superior descriptions of eiiercitron b,rt
are IN fair demand, and the consumption. consi.
dering the high pic es, more extensive than nigh,
have been pected--fne, 64s 65s-rood
SOS 9os---middling, 4Os a45s--and ordpa.
ry, 20s a. 6s per cwt
small quantity Of particularly fine Spansb
mahogany was ltely sold at the average price of
~ III per foot. This sale, however, cannot be
admitted as Just criterion of, the state OF The
market, az that price was merely obtained from
the spnit OF competition, which the superiority
o. the article excited among the deaiers--
This article, therefore, If estimated ACCORDING
to the general quality Of importations, cannot be
rated higher then Is a IS 6d-Cuba NAV be ouo.
ted at Ia 1Od %. and Honduras at Is 81
Is Sd per foot.
We are, respectfully,
Your ASSN ed friends,
VIZ. Z, RICHARD RATH2ONr.