The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-09-17

PETERSBURG, September Is, 1868.
We have no favorable report to make Of
snv increased activity in business since
last week. September is always dull
month in this city, and this year it not only
forms no exception, but trade is even more
deprcssed than was expected. Still our
merchants cling 20 the belief that we shall
have a better fall trade than we have had
since the war.
OF wheat there is large stock on hand
unsold, and receipts, though not so heavy,
are still considerable. The best grades only
are sought after, and they readily command
our highest quotations. The great bulk OF
receipts are of inferior quality, either light
in weight, or damp, or otherwise objection
able, and requiring q mixture of the bes,
article to work them off to any advantage
Unfortunately, the proportion of good te
inferior is very small, and hence the high
prices offered by the millers. A less unequa
proportion would serve to equalize prices il
a greater degree. a
Flour is little lower than it was Mt the
time of our last quotations, while corn has
somewhat advanced.
The tobacco market continues in langu'o
state. Both the receipts and the offerings
are small, and there is but little disposition
among manufacturers to buy, with the large
stock on hand ready for market, and the diff
fcul,v Of getting it off in the face OF such
stringent regulations as now embarrass the
trade A few only of the factories are doing
ANYTHING like full work, while a number are
idle, or working on limited scale.
y nd
to a very low figure, but in view OF the hne
cron now maturing for the market, the late
and sudden decline in value has rather
a;sn;r;t;pg effect. 1t is usual for cotton to
have downward tendency in the fall and
n rally again after the new year, as was
the case last year in a very marked degree;
hnt the turn il has now taken so abruptly,
affecting prices to the extent Of from six to
800 cents in the course of few days, is Of
nainful significance. The excitement OF
!hn presidential election in the manufactu-
ring States, unsettling labor and deranging
business in general, doubtless has as
turbing effect on the cotton market, from
which it will hardly recover TIL the election
is over.
In common with other industries, the
cotton factories have been working at dis
advantage for the last six months. The
high price of the raw material, and the
dis proportionately low price Of cotton goods,
mas left but small margin for profit. Still
thev have bravely stemmed the current;
and If they have made nothing, 1t is be-
licvcd they have sustained no losses. Only
one of the mills has been stopped, and that
was engaged in the manufacture Of yarns,
for which there was no demand.
On the whole, however, We are not with
out much cause of qualification. The people
have been taught by bitter experience the
necessity of practicing economy, and one
great good has resulted from it they pay
Up better now than at any time since the
war, and they are less in debt.
We submit the following quotations as
the ruling Of the market TO-
day:
Tobacco. -Lugs, s. to SO. Short leaf,
SO to Sll; medium to fair leaf, Sl2 TO
$3.50; good to fine, &l4 to SIT. Wrap
pers-Dark, $l4 to ST. bright, $l4 to
$50. SLipping-Lugs, common, So to
50 50; medium, 50 to $ll; good, sl2 TO
Sl3; leaf, medium, SO to sl2; good, SIS
to Sic.
Cotton.-From Is to CSC.
Eheot.-Prime white, s2.55 to $3.50;
prime red, $40 to $2.45; ordinary, 81 to
$2l0.
FJour.-Fine, SO to 5000; superfne,
sl2 to 1925 extra, $3.50 to Sl3 family,
SIS TO $l4.
Corn.-White, sl.25 to sl.3o; mixed,
$l.22 to $l.2j; yellow, 81 % to sl.25:
ACKNOWLEDGEMENTS hog-round, Il to 22c.;
shoulders, lG to 17c.; sides, 20 to 2lc.;
hams, % to 24c.; western shoulders, l5
10 l5c1a.; sides, Is to lSc. y; sugar cured
hams, 20 to &c.
FTsh.-North Carolina clipped herrings,
$1,000 to Sll; gross, $3.50 to So; roe, $40
10 $I0.50; in half-barrel roe, IS to Sc;
mess shad, $40 to $l2 eastern gross, $3.50;
trimmed, s6.75.
B1tter.-Good country, SO to 40c.; COM
mon, % to 3Oc. Goshen, 40 to 45c.
Lard.-Virginia, % to 24c.; western, IN
barrels, 10 to Zoe. refined, in tubs, 10 to
lSc. ..-......
Neal.-sl.3o.
Oats.-55 to Coo.
Rye.-$l rs to 81 40 (the latter for seeo).
Macy BeanS.-S3.
Peas.-Stock, So; black-eye, S2.2o.
Ground PeaS.-$3.
ed.-S2 .25 to $3.50.
Dried Fruit.-Apples, to &c.; peaches
II to &c.; berries, TO loo.
Potatoes.-Irish, $3.50 per barrel sweet,
$3.50 per barrel. ,o
49,. A4Aitdsss.-Dry, Is to &c.,. green, Toto l2c
S.