Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-09-04
FINANCIAL. AND COMMERCIAL.
THURSDAY, Sept. $, 1858.


tendency of prices Is downward. money finds more
profitable employment in other channels, and specula
Tors avoid falling market. These fcts account fer
the decline IN prices developed at Messrs Lancaster
Co.'S sale yesterday Having published report OF that
sale, we emit repetition of the prices obtained, hut
give the subjoned quotations Of other securities COL
federae cotton loan bonds $3.50; bonds Of 100 million
loan $l0S@lllt and interest," according 10 date; Fam
ers' Bank $3.50; Bank of Virginia sl05; James River
and Kanawha Canal $40.
Another sale Of stocks will take place a. Messrs.
Davenport & Cos office, Friday To-day
The Directors Of the Central Railroad Co. have de-
clared dividend of four per cent payable the 18th
instant. -.
We subjoin list of prices Of merchandise,
etc, in this market:
Country Product Onions, sl5als Per bus; s4Oa5O
per bb New Irish Potatoe' Sc so per bus New Peas,
So per bus. Peanuts, 81 per bus.
Hor-New Flour uninsp pee cd at the Gsllsgo Mile,
$25 per Dbl lew country superhne, in bands OF com
mission merchants at all prices-trom S25 TO 80 per
bbl according to the views Of owners The stock OF
old Flour has nearly disappeared
Fordqe.-Tke market is better supplied We quote
Baled Hay, Oats and Fodder at $40 per 100 lbs.
FleL-Tne retail prices OF wood are $50 per cord Tor
Pine aud $3Sfor Oak. Dealers Of Clover Hill Coal are
h ing orders S25 per load for lump; hidoth an, 1925
for average and $2S for lump liked Coal from BASIN
bank, Sl6a2O per load.
Grain.-The Government pr;cs is So per bus Re-
cepts continue very light. Corn $s,75@9 per bus
Oats So per bis
Grocs1es-Supars a,e advancing. We quote the
best brown at S2@2 To- clarified 81 So crush 50 Boa
rs Moasses Sl5 per gal. Coffee $4CG4 IS. Tea
Ace. per ID. SODA SO .tr
Lron-Bar iron at the mills 30@i0c per ID. Horse
shoe nail rods made of best Swedes iron, 6Oc per h.
Line-Is selling at 80 per Dbl.
MIL Ofdl.-We quote Bran at 81 % per bus; Shorts
81, so; Brown Stuff, 81; Ship Stufis s..
Nails-0ld Dominion SS0@S5 per keg.
Prouisions-The rec, ipts OF Bacon are increasing,
but the upward tendency Of prices Goes not seem to have
been checked. We quote hog round at S292, 10. Lard
81 10. Butter firm at 81 as by the package
Lg,prs.-Ccmmon Whisky Scoops per gel; RSe do
S2s@S5. Apple Brandy $25@S0 Rum S2O@26. Gin
$25@26:
I06acco.-The market is firm for Lugs and Leaf Our
readers interested in the weed generally familiar
with the range Of quotation. MANUFACTURED Tobacco
was sold at auction yesterday, at 81 653 45-the lat
ter for " Gravey." Smoking Tobacco 3U@l,25.
CArTLE-Beef Cattle we're sold at the s,afs, this
week, at 4O@57c. grose-an advance. Sheep s2O@4O
each ...'
One of the most important questions of the
day is the wheat question" The facts that the
farmers have large crops OF wheat for which they desire
to get the highest prices and the Commssary Depart
ment wants -four for the army and offers the farmer ave
dollars per bushel for their wheat The formers, gen.
orally are not satisfied with the price offered and hence,
will not sell their wheat insisting that they should have
an open market or at least higher price. The Com
msaIat having the power, and the authority OF law,
can easily solve the difficulty, far the Government
is concerned, BY ihpessng the quantity OF wheat re-
CURED but the mpressment produces discomfort among
the farmers and by the uncertainty as to the time and
place Of impressment keeps back supplies which are
needed in the general market. Many of the wheat
gro 1ers believe that the Government perpetrates
upon them by requiring them to accept what they con-
sider an inadequate price for theit wheat
There should be better understanding between
the Government and the farmers of Virginia. The
agents of the Government should ascertain, firth
with, tie quantity of wheat raised by each farmer,
and collect, without delay the one tenth which the
farmers are required to contribute as 1.-THE. This
quantity would suffice for the immediate wants OF
the army. In tho meantime, having ascertaned the
aggregate product and estimated the probable guam.
tity required from Virginia for the use Of the army
during the next twelve months they should assess each
farmer with his just proportion Of this quantity and
proceed to purchase impress ii at the SC edue price
The object of all this would be 10 relieve the farmers
of the embarrassment under which they nov labor and
TO establish Uniform and impartial system of impress
ment. Notice of the assessment should be promptly
served on each farmer and be should be required 10
furnish the specified qcanty OF wheat, or in default
pay to the Government the cost Of other wheat which
its agents would purchase impress to make up the
ha At RITZ in
send the residue of his crop TO market, and to sell it
without fear OF impressment for the best price be could
| obtain. Sy4
shorter method Of attaining the object in view
would be estimate the probable yield OF wheat in the
several counties in this State within lines and then
notify the farmers by advertisement otherwise that
each one would be required furnish many tenhs Of
his crop designating the number) as the estimated
wants of the army land margin for deficiency would
indicate which quantity would De unnecessary 10 an
nOunce. He should then be allowed to sell the unts-
sssed portion of bis crop at any price be could get and
the result would be that Thousands of bushes o. wheat
now withheld from market, would be offered fer sale
Supply and demand together with the condition of the
currency would regulate prces, and these should alone
regulate them far the psJlie is concerned. The
farmers should make every possible concession to the
government for reasons that must be obvious to every
r'factirg and intelligent man among them, but they
should not be expected to supply hspeope with bread
slufs at prices below the market value They should
however far practicable, in the present condition
of country, avoid selling TO speculatsr and en-
deavor to keep the markets fairly supplied-not with
holding all Of their crop. selling all at once, but pre-
venting exhaustion of supplies the hat ant
an excess on the other If they pursue this liberia
policy can have any just cause of comp iin
aganst them.
A correspondent Ofthe LynchSurg Republican, who
is both "a farmer and soldier, and has deyertd hi
crop of wheat to the Government" estimates the
able crop Of the State this year. within lines