Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1862-12-05
FINANCIAL AND COMMERCIAL.


does not seem to be well founded. OCCASIONAL advei-
turers, oa a small scale, may carry gold with them, but
ths'professional and shrewd "blockAde runnsrs' will not
cucumber himself with the metal, II be tal get eI-
change, or sslesble bonds, which are more easily and
securely Q rried, and will answer his purpose better than
gold. He would only prefer the latter when the d:f.i-
encs between the rate Of eI,isnge or th, cost Of the
bonds would make 1t "An object" to buy gold instead
bu, this Ia not the case. Another clasi who are held
partly responsible for the rise in gold are foreigners mi.
bgra.ing to the North, but there must now be compare
lively few Of this class, and they can as well provid,
themselves with exchange or bonds as tho "blockadG
runner" What keeps up the premium for specie, thenf
We C .nnot tell unless 4. be that the tendency Of every
article |, Tor has been) towards the highest possible
price, from which, when attained, Il seems tia. nothing
short Of q superintendent su2ply will cause 1! to recede
The supply Of gold eff,rsd for sal, l, light, bu. the de
mand for it. at prossn, rates, mus. be corresponding,
light. We dare say that II any ma:efial abremsnt in
the premium we're made, The imid and semi disloysl
class Of tue community would become eager buyers
agil, bu: happily, the number Of this Class is diminish
ing, and m,ny who formerly would have paid the high
Is, prem'u asked, would now hesitate to give $50
per cent.
The high premium for gold produces an Injurious Ell
fec. upon the public interests. aud should, therefore, no
be maintained. Gold b,ing regarded as the standard
Of valus, the depreciation In Confederate money Is
measured BY the premium at 1hica the former is held,
and hence, a high premium when it exceeds tie sotua
depreciation, as il does at this time, c)ntribuaes to the
discredit of the Confederate currency, tnlt keeping
up the pic s Of all artic'ei needed by the G,vsrnment
and the people.
The absorption Of the re lundsa. currency has com.
ueneed, and Congress, which convsnes next month, will
no doub. adopt "a ,isat measares TO reduce the amount
more rapidly. Th q lanoiAl future u encouraging, and
there Ia nothing 10 tho aspsc. Of the var 10 occasion
much disquis.ude. There ls q conviction In the public
mind TIM. we cn never be cub igated, aud now, whilst
Another vas, army Is mirshsled ayaips: this city, LEI any
ra setting man ak himself whether he would (pr JUDGE
aside) prefer Ykake green backs" or Confederate
Treasury notes, as N onetary obligation, which he woald
bs roo tired to hold for too years. Which would he re
Q .rd AZ the safest investment. in view Of he immense in
a,b .edness Of the North, aud Of its disin;egraing ten
denotes II Atall col fl ieat Of the success Of our struggle
for iadepsnd ,nce he wo1ld Of course decid, in favor Of
the Confederate notes. Yet thcse notes can only beck
changed fr gold s,.ths rate Of 22S per cen. premium,
IWnIHs ths HTSCIo " ao 49, "1h oASN't
at 2SasO per can't. pren:un. Tn, diasrelco is to great
aud seems to call for legislation. The transportation OF
gold from the C1nfsdsrAcy should DO prohibited by the
most severe psual ,i,, and then, at least, If The law were
rigidly enforced, "blocksde runners" and emigrAn.s
would no longer be responsible for the high premlu n,
AMI he evil consequences thereof.
TIE folloxiug is a stitems1t Of tie recs'pts Of p.o
du,s, ETC, at R shnoad, by J .mss River and K.uAwha
olual, during the month Of November;
$50 hhds lob ,eco, 3 900 Dkss mid tobacco, $3.50 bbls
a ,uf. % 527 bus ~hsat, l 6l2 bus corr, SO bus oaf, OH
,ous o = lrJr. | 66s tons Goa. | SIS toIs some, 4 $40
bales hay, | GOi oIrd' wood, s62 b0l' aool-s, 1918
h, b,eou. | O45 enniy d ,ur barrel, 20,0S7 lbs butter,
2Ss bus ms.I. sl4s lbs drisd truiL 2 z00 sacks sal,
Al O69 lbs sassr, ? 4l8 ios Lard, 4 ,279 10, lesther, sl7
hos. ? 2ls BIS pJ.aIoes, 100 ibis wlsky, Is. sIs It's
wool.
Ia November, 1861, the receipts Of wheat were I'd 6s7
bushels; o. MID tobacco l6 pkg; Of coil 2.64i tons
Of hay 7l9 oiles; Of bacon a lis lbs; Of butter 20,
ol2 lbs. etc. A uong the articles sen. up the canal last
mouth, we're 81 tons plaster, 100 tons coal, l,4sO kegs
nall, aud II uoni suino. Tee roooipa from tolls at tho
Richmond ofioo in November wsrs $40. $50 against
SO O3l same month last yeas.
At Messrs. Tardy & Williams auction sale Ct groceries
and sundfies, to-day, the folio wing prices were OBJ aimed
N. o. suglr, in hhis, brought oS s 4 = 76c' 5. per H.;
orusAed augar, 81 80; clIf fl d yellow, 10 . I7os rice,
Sets 80 Dominion nails, si97S per key OF 100 lbs. (;
| sal, 75s 9Tc :. per 10 8 area. 40 a 46 III. ~superhne
Il Dur, {" Virginia Mill" sl7 a II 20 per Dbl. lard, 60St+
no. IL tAios cintl -, 10 A7sj.s ; cotton yarns. 81 81
a 5 u conosr4s, IS u 81 i. pr 10. in 'igo, IS a 10;
| blu, r.jne. 81 OF | O5. A lot Of Inferior nutier brought
so a 81 OBS; and one bag Ri, ctd'e, IS a pc. 10.
The alb ,ve price, iGdica'e a further advance in sugar,
| and a d. c! no Ia sat and a)ur. Toe latter is quoted by
nmi.so merchants a. $40 for super, s22 for extra,
aaJ S24 for fam ly-soms asking 5Oct' q 81 pee Dbl.
sboy, thesa figures for standard brands. Wben Is
stsdy, at s. 90 4, for red, and 81 10 a 4 is, for
white. A onoiss lot OF white will bring 81 2J-salos 10.
say at these f ,ures. We quote corn at s. r bushel
o,ru noa, So a5; oats. 81 81; tObiCcO-!ug', 81 80 a
IL; lst, s. so a IS sp2l,s, sI2 a 20 p,r boil. bacon,
Us a 7O.ts pr Id. butter, 81 Is A l 50 dried a7ples,
a per bus. tim, by hay, blied, - 4 so; onions,
$40 a 80 per bbl potatoes, % a per us Seed -
clover, s25 a 81; tin ,lhy, 81 t4l.ow, 80 4 6ojts. poe
10. Bread-pdo., Is Is. water, l5I;a. butter, ID IL !;
soii, lscs Line, IS por bbl. csnen:-lone Ia mar
k.t; leather, g. 81 "a rs per To-, for rough. ho'ascs
IA nox held at 81 20 per gal. hfl. tsbacco Is q~1otable,
from auction s,el, this week, NJ S2 a 6SSts., for black +;
IS a 1888, for medium, IS a 10 for fine. Smekirg T.
blceo ranges from 65 a 1879. { Sho.esalsl aec,riirg TO
gu sity and brand.
A! Messs. Ksat, Paine & Cos. weekly auction sale ef
dry goods, etc yesterday, the following Priccs we're OBJ
timed:
Cray cassiu ere sc s IL per yHd d, sat'ine. IS IL;
7-8 sheetipg 81 IS cs aud "A do G9ia77 It preWo' 9
: l.. the two wd ~ RAJ & ID from "a ~ Sr.) eds 81
60; prints 81 ISL So 'leaoied Q q ~, A 81 S7t Oa,-
ton q ,nrel III neino Dr. " re SIS 81 cotton d .on IL
do AZ 2S naarino shirt. s. 20 0Js 8 spool co.tons "a.
30 5 per dog pins, pr pacs $3.50; patent thread ssi
s.S7 per ID I O. to r.bb 'ns % Gus. 10 80 a piece tatn
d, 80 ola. to 81 rs bla.k aud fsrcv bon rot do. 81 liza
! 80 per yard Brussels carpet 70 S7i $i2t per y.a;
Ingram do ~ 10 8 90 o D'ad fr'non de iainfs $i.37
10 A 81; plain DO. Sl758S7 Clothing 0Sercoats
SIS ~; gray cassimse pauus slS.lS so
Toe brokers q tote God al 81 20 prem, selling ra't-
some asking 81 20. The buying rates ere 81 80 2 90 -
A further ADVANCE In bank notes has taken ulaoe. For
| vi reini. some Ct The brokers were paying 2Rf per cent
prem fer North Carolina 90, and for 3. "a DINA and