The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-03-12

Tboro has been a gradual but steady
;,,nrorcment in business since the lst OF
February. until now there is more activity
:, orr market than has been witnessed for
many a weary day. The depression"at the
bcrinuinr of the year was very discour-
agioc to our merchants. The profits since
last fall hadsbarely sufiiccd to meet ex-
pcnscs, and many were not fortunate
enough even TO do that. The impulse re-
Gently given to trade by the free arrivals
of cotton, and the comparatively high
prices ut which it has been selling,
has therefore had e healthy and
inspiriting effect, and merchants wear
a much more cheerful aspect than
they have done for months. Produce OF
other kinds has also been coming forward
in larger quantity. Corn has advanced
and though the receipts OF wheat nave
well nigh failed, good article woald
readily command our highest quotation
Flour has advanced about a dollar within
the last ten days, and bacon is higher than
i, has been for some time. In regard to
tobacco the tendency is continually up.
ward, and there is no telling what 1t may
get to at o later period of the season, when
q the finest descriptions are brought H. H. ,,or
II Is hardly supposed by intelligent mer-
chants that the great rise in cotton WITHIN
the last two or three weeks can ." Poimn
pcntly sustained. Speculation Eas aouo1-
1oss had something to do with 1t, quite as
much probably as any Increased healthy
demand. If this is so, We may expect to
c.e il settle down after awhile at from
twenty to twenty-five cents, at which 1t
NAV continue till the maturity Of another
crop. ,. c,o.o,;oa
have resumed operations, but some manu-
facturers, more cautious imam lhe reSt'
seem strongly disposed 10 hold back lnde-
dnitelv. The capital requisite Tor con-
6nctinp irst-class establishment IS very
considerable; and considering the nigh
nricc of the raw material, and the immense
frauds on the revenue in evadiDS the pay
mcut OF the tux, it is thought that only
narrow margin is left, if any, 10 secure an
honest dealerAgainSt actual loss.
From such sources as are accessible,
the information gained IN regard 10 the
Young wheat is by 10 means iiAtsering. III
is REPRESENTED to be badly winter Killed IN
places, or spcwed out OF the ground by al
ternate freezing and thawlng. The plant
certainly makes less show than usual al
this season, but this is probably owing to
the fact that most OF the crop was seeded
without the advantage Of fertilizers.
The subioineG quotations have beenpre-
pared with much care:
Cott0n.-Wjth slight fluctuations, the
market has been very firm since our last
report. Yesterday choice selections were
worth % - Bic; miGdiing, y to 22c.
To-day sales have been made uC the former
at 24c. Holders are very finn, While buy
crs are loss anxious.
Tobacco.-Lugs, low, s. to Sc; good, Sc
to SIS; fine yellow, $40 to $l2. Leaf,
short, common, Sc to $3.50; good, SO to
SIS; working, bright, ST to $50; fancy,
S25 to $50. Wrappers, common, SO TO
SIS; good, $40 to $50; iiac, s25 to So.
Shipping lugS, common, S. to So; medium,
$50 to 50; good, 50 to SO. Leaf, me-
dium, $40 to SIS good, so to f'25.
Flom.-Fine, $3.50 to so. Supcrfne.
sl2 to $3.50. Extra, $3.50 to Sl4.
Family, SIS to SIG.
U1eat-Nominal: prime white, $50
to S2.62H; prime red, $50 to $50.
Corn.-White, SLIP TO Sis; mixed.
$l.Cj to s;}.CS; yellow, $1.05 to &l.l0.
Bacon.-Nirginia hog round, 10 to lGc.
shoulders, i to l415c.; sides, lG to 17c.
hams, Is to l9c. Western shoulders, l3$$!
to lac; sides, 1919 to lGc.
Por&.-ll to l2c.
Beef.-S to l0c.
Butter-Good country, 50 to I0c.; Go
shen, So to COO.
OatS-SO to Sc; Ry", &I.50; Macy
BcanS, IS rs; Pcas-S:ock, 81: black
eye, So; fmrSccd, 1925; ClouaSeed, 50 to
$40.
Between and 2o'clock tuis morning an
old frame building belonging to the South
side Railroad Company was destroyed by
fire. Several negroes were sleeping in IT,
two Of whom, Q man by the name OF Wright
Lundy and boy named John Williams,
were burned to death. The coroner held
an inquest over the remains this afternoon
but no discovery was made as to the origin
Of the fire. o.