Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1821-11-02
RICHMOND, NOVEMBER .. 1871
1'iiE MARKETS

The price of -four hovers in most of the
northern cities between 81 and per bbl.-
The n. York Daily Advertiser states that in
consequence of the adyices by the Hercules,
-four had advanced about S per Dbl. and
wheat has been actually spd at an advance of
30 cts. per bushal. The demand has however
been principally speculative, and all depends
ON he nert Gdrices as TO future prices"
The n. Y. Gazette states that a large guam
tity. OF flour was bought on Friday at s 8
10 by those who had paid 8 80 the day be-
fore. The fact is, that the sudden impulse
has produced such stand, that the dealers
in breadstufis hardly know how to act aud
until we know more about the extent of iniu-
ry done TO the European crops, it would be
liazardinS too much to recommend Or dis
courage speculations."
The Philadelphia Union" of Monday saws.
that no material change had taken place for a
day or two" On Saturday S . was the price
asked by some for flour but not more than
81 30 was given"
The same prices may be quoted for BaIti-
more and Alexandria.-Th fredericksburg
Herald of Wednesday quotes flour at 8, and
wheat at 40.
In his city, no material change has taken
place since our last. The dealers are pretty
much on their oars. Family -four has been
III - %,
haps occasionally few cents more.
TO assist the judgment of the reader, we
lay before him various items from Bells Lon
don Messenger, going to show that the crops
IN most OF the southern wheat counties in Eng
land had been nearly got in before the rains
had commenced.
An old merchant in Philadelphia has pub
llshed caution 10 the young ones-givng an
estimate, founded on an actual sale of flour
of what it should bring in this country, when il
sells for SOS. sterling in Liverpool HIS con-
clusion is, that it is Sd less than s 6 in the u
States.-But then he estimates exchange at
par.--Of course, all above par viii be gain to
the American shipper.
To verify or correct these calculations, and
10 give onr inexperienced dealers some land
mark to regulate their transactions, we have
obtained the following statements from a
quarter IN which we have confidence. They
are founded on actual sales one at London
and the other at Liverpool We lay these be-
fore our readers as means to assist their own
speculations
Charges on 500 J5ks a London, from account sales
Freight is6, prin,age 5 per cent and
pisrage elao .
E.ntry inwaris, loo 10
London Dock Company for landing,
weighing, coopering and h0usn" J., 8 4
Insurance at 25s perl say on f575
Brokerage III Is per bbl. % @ o
Commission and guarantee per cent.
on f6l7 / 81 10 9
Extra cooper;,gc and warehouse rem. 4 I3 &
el9l 90 5
u Which makes the average charges
rs Q per hb
Hence Dos ster. per bill. in London,
would leave net TO the shipper 28s 8 sterg. or sc o3
From which deduct the charges incurred
IN Richmond, for drayage, crafage and
wharfage, supposng the ship at Warwick,
| IL IL cts. per Dbl Will leave sc 10 10
IL II is therefore manifest, that Sos sterling would
not warrant more than Sc per Dbl here, unless in
deed, with view to The gain on exchange But the
article is rarely sold for cash the other side, and
1t Is here generally bought for money-Take into ac-
count the time of pun chase, delay in shipping, the
voyage across the ocean, and period of time when the
proceeds of sales recevabie-;md il makes a Sc
r.ous item in the calculation.
| Copy Of charges on 1882 bJLs. flour in Lirerpool
| Freight 1882 bbIs. at Is dpcr Dbl. E339 II
| Primage 5pcr cent III 10 8
88l 10 s
Dock dues flO Il town dues GI5IiO
trade u II 5 So > 3
CalIage 8G3s g, porterage OSSs, cooperage
| 375s IO8 IL III
| Rent 2g5 10 7
| Interest on amount of charges paid IL IL
Insurance on 1865 paid in London at 20s
per bbl. and duty Is IL 6 81 10
| Commission and guarantee per cent. 152 10
CLEO M ~