Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1836-11-14

new mills are being erected, there will he an an
/ nual increase
Some extensive mills have been commenced in
North and South Carolina.
TIE manufacturers in Europe, AMI in this conn-
nv, have full and profitable employment the de-
mand for goods having kept pace with the in
crease Of manufacture and cultivation. High prl-
ces have induced an increase of culture in the
East Indies, from whence unusually large supplies
arc arriving in England.
The new crop is later than usual IN this part OF
the eountry-he quality Is good and the present
price, lin Prersburg,) l72 ceuls is such As should
induce the planters 10 lose time IN sending IT
10 market. The crop in the western states is re-
ported to be large, and fall in the south,
iiat an increase Of 100, 900 bales the product
of 1885, IS the least that be expected, and
$50. 900 not Improbable.
The apprchen1ed deficiency III the crop Of wheat
IS realized, AID the supplies are small that
scarcely any flour is shipped from Virginia and
FOR the FIRST time, the mIers Of Richmond anI Pc
lcrsburg ahou, to abain wheat from Europe.
Larae inportalionS OF foreign wheat continue TO
arrive in all the northern markets but although
the appearance of the grain Is fine, il docs not
make good -four, without admixture with our
own. The price of wheat is from 81 H. 10 ~ IL
per bashe; Of -four, 81 to so, and for best FAM
ily Sl2l. These high rates induce farmers to
hold their corn Tor better price than is now cur
rent say 50 cents per bushcl. The crop the
navieable rivers Is full The inspections OF
/ Horr for the quarter ending lSt October compared
with lhoso Of last year, exhibit the following
slli.
1888 1896.
Richmond, 1909 bbls. lO,l13
Petersburg, o3S3 $500
'ln ls32-3-i-li 800 each corresponding
quarter.
An intelligent writer in Philadelphia hi, pub
li,hed ar at,lcc on the subject OF prain which corr
prscs much iniormalon. He SAYS, :" thi, country
hts been edlodlhc greatest wheat growing country,
for the extent OF is pupuation, and II may nave
bee 80 forty years ago, when It's population WAS
small aud uhcaI llour constituted the most vilua-
bic arlit 81 export. Bnttbit country cannot be
called which nowraises more cotton more tobacco &
more rice tar erD0rt than any other country, and
al the same time prodacrs more Indian corn than
OF all other Kinds OF gram together and is constant
" extending IN the growth OF cattle, sheep and
swim, Ind IN manufactures of every description.
ln fact, the growth OF wheat, 1t is evident, has not
increased, pro rata, with aar population. '-"Ihr
inquiry has been often made VIA, is the quantil,
Of different kinds OF grain raised in the L. - ma
king fair average eropl Ills cannot be an
swered with accuracy III the present state of our in
formation the subject, but from the best at
ainablc, have cstiml these crops as fol
/ lows.
"lndnn corn, 100000 900 bushels
Wheat, 10000, 600
Rye, 20,0OOO0O
Oats. 10000 600
Barley, $50 600"
The pressure for money IN great commercial
, cities is almost unparalleled. The rate Of discount
! on gooa paper Is rs high is per cent. per month
az more. Stocks OF every have continued ,o
de line. nd lower NOW In NnrL anil pl,,l
hdclphla than at any previous period during the
year. Even those which divide more than q per
cent. are considerably below par. The monetary
system OF the country rs IN disorder: rcmittances
cannot be made with any facility from one place
TO anoIher-' difference Of several per cent is
made in internal eXehau9es--no currency of rene
raj circulation ,Nnts--txetpt an imaginary gold
one. The large expenditures works of internal
improvement, and investments in lands, &c re-
quire the active OF all the capal of the conn-
try; and this is prevented by lhc vast accunula-
hon OF nearly 50 millions dollars in the govern
mcnt OF Repositories.
Tho price al Labor, of provisions and OF almost
every thing, has advanced during the current year
common lahutcrs hired nj double and even
ut Bile the wages formerly paid. The profitable
culture oi cotton has attracted to the west a vast
portion OF the labor OF the southern statcs--and
lhc extension OF rail roads IN every direction .all,
ior more labor than eau be Spatcd from aericol.
turr.
Looking from general to locd maters, we find
tle rail roads north and south OF Richmond in pro-
efcsS toward complctior. The construction of
the Raleigh and CASTOR Ra Road is commenced
ana about ono hlii oil the line Is under contract.
AMI No sooner IS this work begun than survey is
undertaken from Petersburg to Farmvillc and
proposed 10 be- continued 10 Lynchbnrg and Dan
vale. conditional subscription Is sIrcady made.
IA Petrr>bT. alone, OF mora than $500. OaO.
i'r the stock of such road, in anticipation of i
charter.
The receipts oil the principal articles of produce
at ~ Orleans may bc.worh recording
1881. 1888 lS36