Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-11-20
FINANcIAL AND COMMERCIAL.
RIcHxOsD, Wednesday, Nov. 10, 1858,


RIcHMOsD, Wednesday, Nov 10, 1888.
The report of Messrs. Lancaster & Cos auo-
ton SALE IN our last ISSUE renders let of the prices
of bonds aud stocks in this market unnecessary. We
may remark however, that the results Of that sale in
dictate recklsssness the part of Ekss which az
fcrds painful commentary upon t11eIdition Of the
Confederate finances and call, trumpet tOngued UPON
Congress which will assemble on TIE It'll pro1imo 10
adopt prompt and effective measures for the depletion
Of the phlethoric currency. Why Virginia registered
bonds should bring s25o@257 whilst Confederate eight
per cents only command STA, is mystery in fnanee,
view Of all the surroundings which would puzzle the
erudite poiticoeconomst. Stranger still that N.
Carolina eights which aweek ago selling at $226,
should command this week, at auction, s255. Thels
facts oaly SOW that peopls cling to the fond deusion
that TIE obligations Of State Governments would be
respected by the Yankees in the improbable event Of
the overthrow Of the Confederate Government. -
TIE only prominent security not offered at Messrs.
Lancaster Goa sale is the cotton loan which is still
quoabe at $3.50 and interest 0ne Of the frat acts of
Congress should be the repeal of the provision author
sng this Loan The cotton loan bonds" offer tempt.
ing investment to capitalists but the Government will
lose more than will gain by the operation, and the
Secretary Of the Treasury would do well TO withdraw
the boods from market until the policy Of Congress in
reg .rd to the finances is developed.
Ia regard to specie, we have no remark to make
cept that the rates very high and coin very scarce
Our advces from the United States by last rg Of truce
boa, indicated a stringent money market at n. York.
and financial crisis was deemed not improbable.
In the early part of the week, We were apprzsi OF
the sale Of som bank stocks tie 70 living 6surss
Bank of Virginia liz; Bank of Richmond lis; Bank
of Commonwealth 1866 Taere have been no recent
sales of insurance stocks.
Messrs. Davenport & Cos auction sale of bonds :
stocks and gold viii take place Friday (to-day).
We subjoin our usual weekly review of the
prices current in this city:
COUNTRY PsoDUoE-Apples S46G60 per barrel
Onions s75 per barrel Irish Potatoes $40 per bushe
Sweet Potatoes $l2 per bushel. Peanuts sl4Ql5 per
busbel. Turnips Sc to So per bushe
FLOUR very scarce. Receivers are asking $lOO@ll0
per blriel.
FoRAsE-Baled Hay and Oats are quoted at sl2@ls
per 100 pounds.
GsAH.-No Wheat arriving-worth SIS to $40 per
buehel. Corn very scarce-Sls,
GRocsREEs-Brown Sugar is adyanc:ng-siles at
auction to-day, 10 hhds, at 49, We quote at sSsS.2;
Sorghum Moss,es scarce, aud firm at $40 per Hon
Tea is selling OF slSa2s for black and green. Rice
Arm at 80 cents. Soap, rs cents to Slo5-atter for
Webb's Manchester Turpentne soap Tsilow candlee,
1854 Per To- Salt Is lover, with abundant stocks
We quote at s5i4O cents. Vinegar, sS.50i4 per gallon
HIDES, IRON AsS LEATHER Unchanged. The tup-'
ply of leather better now than i. has been for some
time past
LIQUoRs very ifm. We quote Whisky at s50a7O,
Apple Brandy s50!oo Spectators bringing liquors
to the city from the Southern States.
PRovIsIoSs.-The demand for provisions of ell kinds
continues brisk. Large supplies of sasgit Beef
arriving daily and meet with ready sale at the
Of rs cents for the orequartsr and IS cents for the
hind-qaarter. Mutton aud Veal are also arrivngthe
former selling for 75isO cents and the other at 80 ct
Dressed poultry is selling the rate Of $3.50 per 10.
Bacon is very Receivers asking $2.75 pr
Id for hog round.
Tne market is bare of Lard, and the price may now
be quoted at 81 so per h.
The supply Of Butter il inadequat, to the demand
and Ss.75ai is readily obtained for desirable lots.
CoRs MEAL Sic per bushel.
ToBACJo-The tobacco marke! continues animated,
and high prices are Outlined. Spectators actively
engaged in buying and reseng.
Manufactured Tobacco is quiet but good qualities
seem in better request at improving rates.
The market is overs.ocsed with Smoking Tobacco
and prices are stationary.
The Staunton Spectator requests us to make
known to our readers that it "protests" against the
scheme Of financial relief which contempla.es the re-
qurefnent Of the payment of moiety Of taxes in
specie, or in coupons of lcan 1t believes that If
Congress wishes to the defeat of cause it
could devise more effectual Of accomplishing
that end than to adopt that scheme The Spectator IT,
perhaps, little too fast in sjudgment. The principle
has been endorsed by convention Of bank officers In
South Carolina and it is believed that with jpdicous
sretors itmay be advan,ageousy applied a coIrec-
tive of our financial disorders.