The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1866-10-22
LETTER FROM PETERSBURG.
Correspondence OF the Richmond Dispatch.
PETERSBURG, October 20, lS6

IElEhSbOhtS OClouCi ~, AcoV'
The trade of the city has very much i'm.
proved during this week, imparting to it O
more husiness-like appearance than it has
exhibited at any time since the war. Every
branch Of trade has felt the impulse.
Farmers and merchants from the interior
have crowded the streets, and laid in eX-
tensive supplies. A marked feature in the
transactions of the week is the heavy pur-
chase Of fertilizers for the wheat crop, and
the active inquiry for seed. AS large q
crop Of this grain will be put in the ground
this season as the means Of the farmers
will justify.
As an evidence Of the increasing trade
Of the city may state that was informed
by the superintendent of transportation of
the Southside railroad few days ago that
the freight Of merchandise between here
and Lynchburg had been quadrupled with
in the last ten days.
The cotton market has been rather fluc-
tuating during the week. Attic beginning
the advices were favorable, and the price
advanced to 39L cents for prime. On
Wednesday it receded to 3SL, at which
prime samples were held until yesterday
friday, when holders offered to sell at IS
without finding buyers-the views Of the
latter not being above SIX. There was
but little done at these figures; some old,
not prime, being sold at 81 to 37h. Until
the new 10 drier, the manufacturers prefer
the old.
The crop of cotton is now coming for.
ward in considerable quantities, and the
receipts would be still heavier but for the
regulations Of the revenue Office in regard
TO the payment of duty. 1t is much to be
hoped that these may be speedily simpli.
fed, 90 as to relieve the planters from en-
barrassment. The commission merchant
is obviously the proper agent for negotia'
ting all financial matters between the Co.
vernment and the producer,
During the week fair business In to:
bacco has been done at the Exchange, and
prices Of all desirable grades have been
/, much better, with an active demand. The
offerings of new tobacco have been consi.
derable, which met with ready sales at full
rates, some well-cured leaf selling as high
Is eli q TO Sl2. The old stock Is getting
low, and manufacturers are buying freely
of grades suitable for working. The sales
are now all made daily on Change.
II Is believed that the new crop has been
nearly all secured, and II Is represented to
: be Of fne quality, but the product much
less than in former years, owing to the
limited area In cultivation.
The tobacco quotations for the week may
/ be given - follows: Common to good lugs
s3K TO S616; very good, eS% to el0iSS
common TO fair Leaf, e7h5 TO el211; very
good, el8 TO &So.
Tho demand has been active for wheat
throughout the week, with prices varying
according TO quality. For milling pur.
poses, red, from % to IS; white, $3.50 to
49,. For secd, eS TO eS.25 for red, and
q $50 to e4.15 fbs white.
~ Cofr Y very scarce, and In demand OF
10 hacoa thers he's been sons advance,
sed ~ market y very Arm. VireinIa
1eo1l 1e.; hams and sides, ala
~. 80. $500 shoulders, lsols1Sc., and
The demand fos fsrtilIsers h.. h..,
grsat, With an advance 10 the price oe D.
FuvIAn guaro. Thia article NAV ID ano ! II \;
1t 1o6, cash otherwise, eio0.
! On Thursday the Hustings Court was II
session. The docket was very light. Tve
/, erimlnal cases, with some civil business
occupjed IL attention for few bonra
whea \ adjoarbsd y ths regular time mex
Q ~ hasiag I gioness ipsll o
- yolnPtSeas . The In
~ $1,000, vbisA 4 vssy much Tesem'