Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1840-01-25
RICHMOND MARKETs.-Fnrp.y, Jan. "a.

RICHMOND MARKETS.-FRrp,r, JAN "a.
| TGRAcco-No change in priccs.--The inspections
arc averaging II - hhds per daypr!ces range as ioi-
! lows: Lugs So 30 IL J0-common eali 81 "A D 5il-
middlings 50 % 6 30-good s. a Z 3"-hnc stem
ming leaf So 5 30.
FiouE.--As there are no shipments IN consequence
of the suspension of nav CATION there is nothing dong
in the wholesale line: Country is held at So In retail
| transactions quotations may be made at 50 a D 20
! CITY Mills Flour is held at Sc 10.
| WuEAr-Sl 05 for rcd-Sl 10 for white
ConS-;i5 to 60 cts per bushel-stock good.
! MEAL-70 10 % cts. per bnshel.
| OArs-32 to 50 per bushel,
BACoy-Old sides ~ Shoulders I.
LARD-City y a II! CTS. per ID.
| BRAspy-Applc %. Peach, sales.
! ExcnAxGE-forcgn London 10 pei cent pre-
m!um
! Doar,ric-On New York .! a : per cent. premium
on Philadelphia and Baltimore per cent There is little
doing in exchange in consequence Of the suspension OF
| trade
There is nothing doing III our market except iii the
retail way principally for city consumption Navga-
ton above and below closed and trade has neither
| ingrcss or ccrcss except in a small way in wagons;
and transportation in this way has been nearly suspend
! ed by the late freezing and stormy weather.
AS said in our paper OF Friday, money IS scarce,
and the difficulties Of meeting engagements are greatly
increased BY the suspension of trade 80 long a. ma
vigation remained undsturbcd our merchants were IT,
Guating the balance OF trace against us win facitv
.
benefits Of m undsturbcd commerce, and the positions
they sustain are pcrpcxiug The dry goods merchant
has his falling cue TO the importer, white
his sales cnrailcd through the inability TO ship ms
goods and he incurs the added embarrassment OF DIT
] ticult and cxtravagant exchange. The commission
merchant under acccptances 10 his country customer,
which falling due, while the produce upon winch
they are based is unavailable III the market Every
class cf commercial men except retailers are dong no
thing their respective vocatcns while they nave 10
: m fhpI
This condition of things occurs unfortunately at a
time when the Banks have suspended specie payments
when from. The cmbarrassments in the money concerns
OF the country large portions Of their funds are tIed up
in the shape debts not available ii tins time hey
nevertheless looked to the only means OF sus-
tanning the credit of our commercial! men IN Time so
/ tryinr to them. We believe the Banks willing /"
do this and are doingt This eniorccs the ne
ccssv of considerable restriction of discounts on Tic
new paper submitted to them and which occasions ea-
NOR against them. The Bank Of Virginia, Immediately
after the suspension, was the most r'gid OF the BANKS
IN the restriction Of discounts; but that Bank mas
rvinccd willingness to sustain the cntcrprsng mer-
chants whose situation have just described, in man
ner crcditabe it. The fact is in prosperous tunes
Banks necessarily carried along the current OF puS
ness and aard the aid which business denands-hcIr
oroinrs and mornings, like those CT individuals, are
prompt and expeditions, and their means are KEPT IN
notion but like individuals when times change (and
change must come. Banks or no Banks,) they nave
/ their funds tied up they cannot force them m lhcE
rr hound BY interest and BY duty to the community
"a indulge and sustain their debtors, as tar AZ possible"
Hence thcr d scoun;s paper are restricted ana
hence complaints Were l}anks, indeed, IN supposed
time Of PRESSURE pursue tic even tenor OF their way
discoun.inE and coiecttng us when money was easy
and confidence undsturbcd, would be the most sas-
factory evidence that there acGs no PRESSURE
We feel assured that the BANKS will snstain all VINO
are frank in their representations and whose CONDITION
iuses that course and further, that such has Deen teF
past policy. ,.,o
We have frequently advcrtcd to the advantageous
,os,ion or our State We spoke OF her the most IA
vored ofthe States this year She had abundant crops
ofbreadsufs and every thing justified the belief that
wonld. from yarions canscs which then stated find
\ market at advanced prices during this winter Tins
we said would she be enabled qGIdate the balance
Of trade aruns her She has, mcnsuraby nj least oeeh
cut off from the opportunity Of profttng by her advah-
arcs James River, the main artery, as 1t were OF her
commerce. closed by and there IS no IctioF 'f
Flour which would now command good cash price IN
The Northern cities, whose markets are stimulated ny
demand for home consumption and the competing or
crs for Europe These orders and the resort to ship
ments Of Hour means OF remittance, are actuaif tS-
nor,nr i from warehouses not sufficiently supplied ior
nome
(, We hong that the state OF blockade we now suffer
from may no, last very long, and that We may YET
have time ere the interior navigation OF the Norm Is
resumed TO avail ourselves partially OF the crrcuni-
stances which are propitlous TO our interests. II
u,v;o,tnn is restored shortly we shall see aiileren
,sncct of things Our produce Will go forward btshly'
and be disposed of profitable prices, as last as II can
he Skinned Our merchants will be relieved, and all
III. avenues of trade will assume Il bright ana livery
appearance Yesterdays ComPteF'