Richmond enquirer. [volume] (Richmond, Va.) 1815-1867, 1848-07-25
"not prime" quality.
Richmond price the highest.

From this statement will appear greater differ.
cnces of prices than perhaps any farmer had sup
posed possible. If every one who takes Rich.
mond newspaper will compare the like reported
prices, as they now and will hereafter appear,
the differences will. doubtless be found as great
al least until the requisite improvement Of the
Richmond market shall have been produced, by
Withholding the supplies Of wheat. The fore
going abstract shows these remarkable facts;
that, during all this time, the reported Richmond
nominal price Of wheat very silently exceeded
that Of Baltimore for one day only that the for
mer approached equality with the latter for
only few other days. and that the usual ad
vance of the Baltimore over the Richmond
prices was from five TO twenty cents, and even
rose to thirty cents in the bushel Of wheat, Of
same kind and grade These great, though vary.
ing and irregular differences Of prices, are pro.
badly, on a general average, al the very least,
fully equal 10 the other difference Of selling
charges; or, both together, usually making not
less land sometimes much more) than fifteen
cents difference in nett returns for wheat of
like quality sent TO the two markets. If the
usual or average difference Of the net. prices
were no more than ten cents, that amount is
enough 10 induce the diversion from Richmond
not only of all the wheat shipped on our tide.
waters, but also Of much that is grown above
tide.water, and which may be prohtably passed
from the upper country through Richmond or
Petersburg to Baltimore, or TO tho still better
market of New York.
For these efforts 10 inform the wheat growers
of Virginia of facts so important TO their in.
teres,s, /, is likely that the writer may BE- &C.
cused of being hostile to Richmond interests
fIe denies the existence of all ground for such
charge of hostility; which, indeed, if existing
and operating, would be opposed to all his own
private and individual interests; besides his &C.
neral and public interest shared with all other
yirgiuians. Richmond is by much his nearest
market town; and, according 10 local position,
and if under equal conditions of prices and ex-
penses, Richmond ought to be, and certainly
would be, exclusively his murket, for both sales
and purchases. Therefore, it is manifes,y
conducive 10 his interest that Richmond shall
prosper in trade, and increase in capital as much
as possible; provided such gain is accompanied
and aided by full and fair trade, and fair prices
But il is sef.evident commercial truth, that
such prosperity can never be attained, nor even
comparative commercial decline be avoided by
any market at which the dealers pay lower
prices for what they buy of the farmer, and
impose OF him greatly heavier expenses to OBJ
tain these lower prices, than do the dealers Of
competing market, enterprising, rich and
thriving, and nearly or quite as accessible to the
same country producers. The profits Of partl.
cular dealers may be, and are for time,
greatly increased by system Of low prices
for country produce, and high charges on pro-
ducers, which would ultimately drive all trade
from their town. Therefore, so far as this ef.
fort to break down the existing system Of the
Richmond dealers may be operative, the result
will be TO the same extent in support OF the
true and permanent commercial interest and
prosperity Of Richmond.
The two great Richmond mills operate On The
erandest scale and are The most perfect and valu.
able in the world, and the long established supe-
riorily Of their -four has given TO The proprelors
and 10 their products wide spread and deserved
" high reputation No other -four will as we'll
bear transportation TO hot climates Il has often
occaucd that South America offered The only 70.
reign market for American -four; and at such
times the Richmond mills, by The known excel.
leuce OF their -four, either nished The whole sup
ply of this valuable market or received prices
very far higher than any other mills. Rn this
superior quality OF The -four is not owing entirely
10 The process OF manufacturing, perfect As that
certainly is; but still more 10 The superiority o:
the raw material. |, require, The wheat OF a
Southern and dry climate 10 make the best -four
Eastern Virginia and the Northern border OF
North Carolina constitute lhs most Southern
wheat growing region in The Unite,l Saes, and
therefore supply the dryes. and bes. wheat. Inc
Richmond mills are supplied almost exclusively
from this region, and this advantage. even more
than the other cooperative causes has served 70
make their -four the most valuable. Bni, wha,.
ever may be the causes, their -four sells nuen
better for expectation to South America 'nan any
olher-and than mos. other -four for nome &c con.
sumption, thus obtaining higher, prices. lhefe
is no reason why the Richmond mlilers cannol
afford pay for the best wheat al eas. as aen 40
others do for grades more or less inferior; nor IS
there any reason why the commission merchants
should ehss more Than double !. ha1 the
any nublic and commercial in'eres, OF Richmond
or OF Virginia promoted BY the commercial class
and the government permitting The existing shame
fol con diiion Of The bank currency, which, BY Its
depreciation 10 effect offers premium to the far.
mer 10 send bis crops TO more distant and rival
market. These three enormous evils should DC