Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-03-04
FINANCIAL AND COMMERCIAL.



Gold was steady to-day at 800 premium, but transae'
lions we're limited the brokers exhausted th stocks or nearly
40 Yesterday and Offering for sale to-day was very
b The brokers are Offering s5@9s). Bank notes OF the
oas states are held 50 CT premium Sterling exchange
200 premium.
In the stock market we note an advancing tendency
IN pree ForConfederate bonds 90 loan Is
ed Sales Virginia coupon bonds interest Suspended at 1873
North ourOnA sxs 1sO0siK Exchange Bank stock, 10;
Bank Of Virginia. IS Virginia lire and Marine Insurance stock
IS.
Provisions continue to advance in this city At heSsrs
Kent Pa ne Co.'S sale to-day brought S2SsH y ~
price ought stimulate production beyond all former
bounds bring in large supplies when the roads are In
condition Wheat advanced Flour also higher S4o1'
being now asktd for superhoe, and S2792s for extra
At Messrs Kent Paine & Co.'S auction, sale 'o'u"''
the following prices obtained ,o,>o,o,. nj.
orvst,uz d sugars $ll7GLsO fne brown DO ssfVsa MO
coffee $40 esae slS'f AZ IS soda SSSOs
IN sDbsr AZ ~; Va. SALT ~ ss Snt'sr
lard a.! q III I, old So 5ll': cts s1n axes s7i5O
A, Ncssrs. Robinson, Adams Il Co.'S miscellaneous
| -. la, the following prices obtained:
IS Sais ss Psgs y hod sFG' a SSa@1 Sssd
morocco shoes Sl20l5 pr black mourning prints, SioS
1850 = pf pcpBn dresses, $50 y ten y'ds, etc. etc
We have received printed commentary on the cur
e question signed ~ which contains practical Sugges
lions for the solution financial difficulties The writer e&
poses ia very lucid Manner the aaey and Injurious tendency
Of the denonstEng feature Of the bill before Congress- egu
ng the issue Of Treasury lie argues that the true me
Of relief Is The 4o SCI mat T1HsSss
port duty on all the productions OF the COufed of such
per would annually large revenue and hu
make foreign help pay the debt mainly incurred be-
cause Of their failure perform their duty under the compact
nations This fund he pledge The holders Of PriUtgeo
5ons then Of interest six cent? and
proclaim the that he presented his note for fund
Ing within given time (ay six months he should be entitled tC
privileged bond. Il after that time he should be entitled
bond bearing similar rate Of interest but not payable until th'
former discharged.
The principle this scheme corresponds with the suggestions
financial policy recently submitted in this column II ;h
the Confederate States maintain Its credit
other Government under the We have been
regard the Of the several States composing
Confeeraey superior magnitude, and in all the elements
Of wealth, those Of aay other country Shall We not
avail ourselves OF these We hope that Congress viii
determine The "demonezns feature Of the currency
bill should opinion not only be stricken OUT but the act OF
las, session limiting period funding Treasury in eight
per bonds be repealed Then authorize the issue Of bonds
reeemae in produce AZ the expiration OF six months from the
conclusion treaty peace; secured export duty
all productions the Conderscy by the several
states Then pass bill which will bring 500 900
nue. confidence the Confederate wbs reestab-
hed Attempt maintain the public credit by eoercye
surc and tn. experiment will prove disastrous failure
The Legislature of South Carolina has passed an act
80 provide against dcarts in SALT the provisions Of which
twenty yea after the passage Of the the state may
purchase exceeding 10000 bushels Of SAT- in each year. when
the price exceed bushels and when the
price shall exceed 50 ~ bushc shall sell at that price
such regulations shall It's being purchased for
sale speculation expectation salt made within the
State by evaporation and not than 5000 bushels in
year be purchased from party establishment
Commissioners be appointed supeutend the execution
OF the act houses be prOydedOue at
Charleston and the other coumba-of capacity to store
10000 bushels OF salt each.