The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-08-13
PETERSBURG LETTER.
Correspondence Of the Richmond Dispatch
Markets-Remarks and Quotations.
PETERSBURG. August u, 1868.

PETERSBURG, August II, 1868.
In some Of the branches of trade less
degree Of activity is perccptible this week
than for some weeks past. This IS more
particularly the case in regard to tobacco
than any other Of the leading staples seek
ing this market. For most descriptions
prices have declined about dollar per
hundred, and the Exchange exhibits ou'
little animation. Perhaps Tugs of all xmas
hold their own better than the higher
grades. This is owing to the demand lor
filling Spanish orders, when emo'aoe io
other kind and to the iac' ina, III .he
West the proportion OF leai Is much greater
than usual. The drain on our own market
for the purpose indicated Is consequently
increased.
The wheat market, however, continues to
be very animated, with q gradual upward
tendency. The mills are now oil supplied
with good stock Of grain. 1t was the be-
lief of intelligent merchants some weeks ago
that prices would begin to recede at an early
day, but their opinion was not based on
full knowledge Of the results of the crop.
1t is now ascertained beyond doubt that the
southern crop is lamentably short. IL II
was not for East Tennessee 1t is believed
that the Virginia mills would be still hall
if not three-fo urths Of their time. AS we
have no corn exchange, it is difficult to ar
rive ut the amount of wheat daily brought
to this market. For several days past the
sales of one house alone have averaged about
twelve hundred bushels, though no other
house does go much business in this line.
1t is with no design to reflect on any other
market where all are so well sustained,
but fair comparison Of prices VIII sho"
that Petersburg through most OF the seaSoi
has taken the lead in regard to wheat. ~
,be commencement for lew days RICH
mond was ahead but prices everywhere al
that time were as much for effect as any
,hinr else. and it is always the best policy
IN start with the most liberal rates. 1t adds
10 the prestige Of any market: Ano'nel
distinctive feature Of this market Is that
wheat, in common with ali other hihuS o'
produce, is sold for cash. We have never
heard Of a sale on time.
With further supply of corn the price
has somewhat declined, while bacon las
materially advanced since our last report.
The annexed quotations for to-day are as
roorIy accurate as can be obtained:
Iojacco.-Lugs-Lo $3.50 to SIS good,
"a 70 SO; yellow, fine, $22 to S25
fcar-Short, common, SO to Sill; good,
81 to $l2; working, bright, sZo to
325; fancy, $40 to $ij wrappers, com
mon, 50 to $40; good, $ll to Sl1 ; hne, 90
to SIS. Shipping-Lugs, common S4.'o
to $3.50 good, 81 to S9.oo leaf, heuluhi'
$40 good, So to SIS. $500
Cottou.-Urdinary, q to 2Sc. mlddllng,
q to 29c.: choice selections, 80 TO BIC.
UheQt.-primc white, 81 .G5 prime red,
s2.45 TO $3.50; ordinary, Sl.15 to 81.
fancy article would bring u few cents more.
FDw.-Fiue, SO to 5000; supertne,
1925 to $3.50; extra, 3l3.25 10 $3.50
family, Sl4.25 to $3.50.
Corn.-Whte, $l.3j; mixed, Sl.3O
yellow, $40.
Bacon.-Virginia hog-round, q to 22c.
shoulders, IL to lie; sides, 10 to Zoe.
hams, % 10 25c. Western shoulders, l512
to lGc.: sides, lS19 TO $780,; sugar-cured
hams, &c.
Lurd.-virginia 30 to 22c. western, in
barrels, 10 to zoe; refined, III tubs, IL to
lSc.
FIh.-North Carolina hcrrings, $1,000 to
$ll; gross, S. to s. 80; roe in half barrels,
$3.50 to Sc: eastern gross, Sc 10 $500
trimmed, $3.50 to 81. Mackerel III barrels,
No. !, $50: No. 2, SIS; No. 3, Sl2; No.
/, kits, $2.50
BldtT.-Good country, 80 to 4Oc.; COM
mon, Is to soc. Goshen, 45 to SOC.
Medl.-$l.j0
OatS.-G5 to 7Oc.
Rye.-$l.G 60.
Nary BeanS.-S3.
Peus.-Stock, $2.25; blackeye, $3.50.