The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1868-11-26
Reported for the Dispatch
Petersburg Markets.


Petersburg Markets.
PETERSBURG, November Is, 1868.
The Improvement in business noticed in
our report of last week has been well main
tanned, and the general trade of the city
NAV be regarded as fair. Wholesale trans
actions have not been large, but the retail
business has been very good.
The cotton market has been very firm
during the present week, and prices
slightly advanced. The receipts, however,
considering the season, are not as liberal
as might have been looked for, Judging
from the experience of past years, amount
ing to not more than 600 bales per week.
Doubtless the trade of the city has been
impaired by the railroad connections, a
heavy through freight daily passing by,
destined for northern ports uio City Point.
All the cotton that stops here is quickly
taken up: so that the stock on hand has
not been considerable at any time during
the season. A noted feature this fall is the
continued stability Of the market whereas
last year the price, from some mysterious
cause. went down and down until it fell to
twelve or thirteen cents. 1t has not yet
come down to twenty but it is not impos-
sible-perhaps not improbable-that 1t may
reach that point by the end of the year.
We have also to report mcle active to-
bacco market for the last few days, prices
having advanced from dollar to dollar
and a half per hundred. Most Of the re-
ceipts now are of loose tobacco, both Tugs
and leaf, which are coming in freely, and
selling at our quotations. Between now and
Christmas large quantity will be brought
in, as planters are not in condition TO keep
all of their crops back. But those who can
afford to do so will doubtless find it to their
interest. 1t may take some months for the
factories to get well under way again, and
until they do, full prices can hardly be OBJ
tanned except for particular descriptions.
In view, however, of the immense western
crop, none but the most sanguine can ex-
pect to realize again the high prices paid
last spring and summer. We would suggest
to planters the propriety hereafter Of giving
more attention to weight than to fineness OF
leaf. Much that is now coming in is very light,
and at less than eight or ten dollars there
can be little or no profit IN the cultivation
A heavy article at the same or even lees
price is much more profitable, and for such
there is always an active demand to I'LL
foreign orders and putting up certain de-
scriptions Of manufactured tobacco. In
order to grow the kind of tobacco recon-
mended, it will be necessary to use other
fertilizers than guano. In the absence OF
sufficiency of animal manure, nothing can
so well supply its place as the superphos-
pilates.
In the wheat and -four market we have
no change to note. Of the former, the only
definite quotations that can be given are
for prime samples, For all others there is
a wide range between the extremes. The
stock of flour on hand has accumulated
and transactions are mostly confined to
ijobbing.
Corn remains stationary. Some holders,
| not satisfied with the price, are storing
waiting for rise. '-..
A brisk business is doing in peanuts,
and where the crop has been properly
cured the quality is very fine.
Pork is beginning to come IN freely, and
Of very fine quality.
The state of the market to-day may be
quoted as follows:
Cotton.-Market firm. Running lots.
&c.. choice selections, 1870, many hold
ers contending for an advance.
Tobacco. -Primings, so to 81. Lugs,
new, 81 to $3.50. New leaf, loose, Sc to
Sill. Old Tugs, 81 to $3.50. Dark heavy
leaf, IS to $1,000.
Wheat.-Prime white, S2.35 to $40
Prime red, $40 to $3.50. Receipts light.
Flour.-Superfne, $40 to 5000; extra,
81 to $ll.50; family, $3.50 to $3.50.
foS nj
.Bacon.-Virginia hog-round, 1885,; sides,
1885,. shoulders, 1870; hams, Il TO &c
.Lard.--ln barrels, 1917 to &c.,; kegs
and pals, 20 to 2lc.
FSh.-North Carolina trimmed herrings,
$1,000; gross, $3.50; roe, $40 to $1,000;
roe, half barrels, S.; eastern gross, $3.50
trimmed, $3.50.
Ba.tter.-Mountain, 80 to $780,. Goshen,
4s to Soc. good country, IS to 4Oc.
Rye.-Sl.35 to $l.45.
OatS.-60 to Csc.
BeonS.-$2.25 to $2.75.
PeaS.-Black-eye, Sl.lO to Sl.3O; stock,
ST..
PeanutS.-sl.5 so to 81.
Pork.-$l0.5O to Sill.
Meal.-$l.
P0tdtoeS.-irlsh (Va.), Sou TO 500
per barrel; sweet, rs. to SOC. per bushel.
Hides.-Green, 819c.; dry, Is to 1Sc.
Hay.-Northern, $l.30.
Apples.-Mountain, 81 to $3.50; pippins,
IS to $3.50.
Dried Fruit.-Apples, AZ to 51ac.;
peaches, Is to2Oc.
Gsstnsds, SIS per bushel.
CLouer Seed.-S9.
Beesaoar.-3S to 40c. S.
NORTH CAROLINA COTTON YARNS.