The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1870-12-06
COMMERCIAL.
= CcHa AND FLOUR EXCHANGE, I
olcHMoup. VA. Dec. Z, iSSe. !

| Whsat.-Whitc, fla bushels. Bed, 500 bush
Corn. : White. IA bushels. Yellow, 81 bushsls.
Mixed. 100 busliefs.
0Gts.-7oo bushels
Rye.-su Bushels.
Wheat.-White 2l4 bushels very good ns 81 .e5 ;
2As buzheln mt 81 40 81 bushels at 81 f2s LIS BUSH
| els ut s1.Go; Sd bushels very foul at $1.322 ~
good 81 s7s 60 bushels foul at so 100 bushels
foul at $I.3s; % bushels good ut 81 623 s bushels
mixed at el.5v; IS bushels 1T $3.50; so bushels
Gamagel d. 81. 10 80 bushels Mt Fi3I3-total, $40
Whedt.--Red. ls4 bushels good at 81 1903 bush-
fair at $40 500 bashsls vary good purple ftrsw
at SL:5; IS bushels foul at sI:a0; 10 bushels wee
VI aten at sSs so bushels w s a. DO ~
damaged at IL a2h 40 bushels at sla2s; 10 bushels
very inferior at 81: ls bushels very inferior at
*l.io; 10 bushels inferior at sl.2o: 1.ouo bushels
very Inferior on priva:e terms SO bushels very
coed on private terms: 81 bushels common AZ
sI-so; 14s bushels prime at sl.so; 2s4 bushels at
slao; 70 bushels good ut 81 as-total, s,sea oush-
Corn.-Whlte, o. bushels very good new at Soc;
Snes bg SGs GOOD at new at Sc 'sf Mss
bushels very good new on private terms.
oats 2Ss bushels very good ut 4sc. 40 bushels
good at 45c.-total, 666 bushels.
Rye.-5o bushels at zoe. .s 49,.
RE-ExHBITKD.
Wheat.-Wbitc, 40 bushels red, 1872 bushels.
COra.-W hlte 29S bushels.
Oats 202 bushels.
REMARKS.
The offerings Of wheat on Change to-day were
2, IA bushss white and 525 bushels red, against
s7S bushels white and 874 bushels red on the cor
responding day Of LAST year. Prices on I'll 1t day
were: Wheat-White, prime, &1.4S; red. very
good, $3.50. Corn-White, prime new, sac; old,
Sl.o5 Oats, very good, SEC. Rye, 81 .073. The
Cfferings of corn to-day light and market In
active. Oats active, without any change in prices.
Ehe market for wheat Is quite active, and prices
are very firm.
Wemade some remarks few days ago on The
Inconvenience which commission merchants wero
subjected to, and the losses farmers incurred by
the sending of grain to market IN n damp or un-
clean condition. and because Of Its being but tenn
porarily sampled. There is another thing, too,
which sui. ects farmers to losses, and that Is in
structfnp their commission merchants. The CON-
mission merchant is always on the spot 1t is his
business to carefully watch the market. It Is his
Interest to get Tor his patron the CHEST possible
price, and that he will do If he can but when he
l5lold, You must not sell my produce under a
certain price, he becomes ham p red, and In nine
cases out of ten the farmci is the loser. farmer
ought not to engage the services OF commission
merchant unless he has confidence In him but
once he employs him, then it Ia the commission
| merchant who ought 10 instruct the farmer, and
| not the farmer the commission mercha ant. Let us
give notable case that came under our own per-
| 5onal observation In this city some time ago.
farmer sent to commission merchant ., 500 pounds
OF butter for sale, with instructions that he must
not sell 1t undr a certain figure. The commits
sion merchant held out for the price, but couldn't
get 1t. He wrote 10 the farmer, telling him that
Gutter was declining, and that 1t would be better
TO sell The farmer wrote to him In reply" hen
want you to sell my butter Will let you know"
outter Kept going down; the 2, 900 pounds became
rancid; and, to make long story short, It had
70 be sold at reduction OF zoe. per pound on
what was offered for It when 1t first came to mar
ket. Here was dead loss Of $500 under instruc-
| lions.