Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-08-18
asssrlI $50 eyssgsGli.
Ricavplp, Aug, II, lse,

| sf;es in .bs Columbia Il. O. Guardian makes ,hs
fshoWiDs suggest Of remedy for the evils Isanlt
/ rg from the depreciation of QUE nat onal eprrency
Il suggest that Ill the Banks agree to eIcl anee cir
oNn bills Tor those Of the Conederaey, Is eEr1sNt
rate Of exchange The Il O. would be raise Il.
market vsne CT Confederate bills aud boz aad grad
ualy 10 bring TIA 10 tter p value al ord nary
! transactions. reduction IL tie price VI al commc-
dtes, especially the cssseries 81 life, would be the
eOnsed ltnee; aud the exchange wou secure 70 Il
Banks an immense prCi for the benefit OF the Sock
holders The objection which night he 1ased OF the
Banks condescendrg 10 become shcving shops, would
not avail as the object and tendency would be orce
| the produc ION of great pablc good and eventually
| the salvation o. the Coniederacv
The chief objection that would probably be raised 10
this plan, would be- thatrui1 would lie broushi upon
the Banks by e1chsng their good bsor those which
MAJ eyentIsl5 he wo-th nothing But consider this
Objcc lou good for IL Judge Of The future
conduct of the ntonitcs from their past ecions or
| ryae Bluks would share the ate OF everything ese
valuable IN the country, in o. sGbjugation Il cur
revelation should succeed the Confederate paper money
will be perfectly good but II Il should all neither hat
| Tor any 0 oar Bank b Is will D. worth anything. Tue
envy will appropriate the coin held by Tie Banks and
al the paper laey will be Consigned to the hImes-
In "a view OF the the Banks Will needless
risk, and may realize immense profits If subjuglt
be fac need expec. mercy at the hands OF
sile and feId.sh fOeg but privA'c vel, pubic
property Il be alike cou6,caci Osa.ds ueaying the
| v1pensts OF The war.
| Tne y.i tG-otlal remedy for redundant circula-
ion Il a lgtsImsrt Of issue. To, care rlethor', d.
Tleon must be resorted The evils caused by tie
| u ,.vOdasls over issue o Coated Treasury
have been asg ava b. uissioa OF paper moleT
by tie several States The dss step b. tsAeu in
storing our finances healthy eosdton is the recall
Of the State and corporation ss-s, whei have
spread hs country and contributed that edundarce
Of paper money which is the OF the depreciation
of our currency The Virginia LsgiIlstur. will short
~ assemble in ezra session, and hope it will At
take the subject into colsid5riiJa, An act snoud be
passed repeating all former acts authorizing the emission
of Treasury notes. and providing for the redsmg CT
the notes now eKtsnt, by exchanging five SIX per
cent. bonds for them The registered bonds OF the
Safe nov command premium of log when sold for
Confederate eurreaoy, aad would doubtess command
10 to 20 per sod exchanged for ate issues
But whether the bonds would bsiog a premium or rot
when thus disposed o. it the duty the Legislature
in or opinion, give aid to tue r-s:orston OF
healthy condition Of our gu Jc flanc, by attracting
from circulation AMI from their hiding pac .he 'hou
sands ofSat, Treasury les pu. I'D at by its authority
The necessity which may have existed for their Issue has
passed BY, aad the necessity has arisen, with stronger
.Orce for tneig recall
The stock maTke. continues active and the prices
allied at the recent auction sales generally main
tanned In few instances an advance has been est4b-
lshsd.
The quotations OF leading securities follows
Bond, Confederate bords, Is ". lolr, 1872 end
interest; do do, cotton interest loan, $50; do, do
100 lca., lU5@Il2; 90, do, per cent. convert
hle IA aud interest; do do. per cents. l00f@lOl
elc r'si; NTgjul egi,ieIed bonds 2O9 ard Interest,"
N.s ,gf'lua eights, 10 and interest," chu.o2d Cry
go. .45&2.s and interest; Richmond and DInviils
Ran d., --4@ Isl and in.ere.t; Virginia Ccntr-l Rail.
road, j. orr bonds, 2l5 ana interest," Redmond and
York l. Rjlrosd uO1ds, l47i
S.ocks.-Richmond, Fredericksburg and Potomac
Ra!roGj, l6l; Orange and Alexandra Railroad 27G2S;
Richmond Ere Association, Az; Oh Dominion lusu-
rance Company, 54@55; Farmers Bank, 100; BAi.k o;
Com uonweath, $50; Redmond Exporting ami Import
g Company. 800; Richmond and Liverpool Packet
Company, 500.
Ia the general merchandise markets business is e1
eeedngy dali, aud the commission merchants are mot
earning sat-" We have seldom loicel season of
such compete inactivity There is very little Country
Produce here, and none coming ill., We can only so
count for this stae Of tag' by the presumption that
the Pro;raced wet weather IN July delayed the garner
ing Of wheat wseoing, and other iar work. which
has been undertaken since the change OF weather. and
III monOpolizes the labor on the plantations.
As soon as the labor and Tie leans are Withdrawn
fion this work the farmers doubt no., wal begin 10
send in proportion Of the abundance vita which they
have been blessed 1t is especially desirable that they
should begin to deliver supplies of wheat as the
market is ntaly bare Of Flour. Tho Government
price Of IS per bushel IS gardei fair equivalent,
aid lot generally accepted by the farmers, will lead
TO the necessity OF iDPrssseH, the armies must be
prOvisoned and the idea Of requiring expecting the
Government to pay mere thau he fair prices fixed by
the Commissioners will not be entertained by farmers
except su,h if any there be- who eager to get
possession OF large Phc Of paper money than to pro-
mote the cause Of Southern Independence.
Tee make; co tnues bare Of corn, and i, sirgu
lar fac: tina: this gsan brought from Georgia,
far Lynctburg. Tae price here $40 per bashe
Country corn meal, unbo.ted, is quotabIe at same
figures. Oats Sc per bushel. No mill GILL.
Bacon very scarce, and the few lots that are OF
fcFed in the marke: bring tl.75@LSO per Log round
Lard is firm at $L6O per pound. Butter is dull at 81
per pound. There beans, peas or dried fruit in
tle market Ire selling rates Of wool So 50 for
N ,ashed, and 81 so for washed.
We quote Boon sugar. at Il Sd flm. Nolass S.
Sl8slS.51 Ccase. $S75l4 %. Rion, 90,25 cents
Sal, 4o.42t cent? Cotton Yam 81. 5OL60 per num-
beE Nall SOIs5 &c Is per ID. S1abrero Guano, $40
per tou. G.Ouud Plaster $40 per ton. Peanut and
Cotton Seed Oh, $40 pr gan. S,lj Leather, Sia4 80
per H. Calf Skins, $500 per dOzen-sdganoirg D.y
Sailed Hd.s, $l25ll.75; Green do, 80 81. Tobacco
market unchanged; prices steady.
The receipts Of wheat by the Canal, during tic