The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1871-05-06
Is. Z i e. x y Z. IF ~ u.
COMMERCIAL.
CORR IND FLoUn Rxouarep !,
ateHMoHDs VA, May s, 1871.

-E >gnN AND FLOUR ExCuIHCR
~ alcHaeHDs VA, May s, 1871.
Whsat.-whita 10 bushela. Raj 4,ss -,
Mtpsd E,s 70 bushels. yellow, 2sa bushels.
0dts.-270 bushels,
Whedt--Whtta, is .bpslIeIs common NJ s1 so.S1
bpnIals at ~ eo-tntal, 20 bushels. - :
bushels fair at s1so 151 bushels very pncd al nj TO-
% bushels common at a1. 2s-total. sss bushels.
csrn..Yellow. i2a bushels good on private terms.
prime at ssc, 2o2 bushels good at sac.total, 4e2
& oats.-1oo bushels prime New Brunswick at Ssc.;
SO bushels NJ 67c.-total, 1ss bushels .s'tfs ett -
RE-ExHIBITED. etsss
Corn Mixed, l72 bushels. ;,;ss
- IS. ses 49, REMARKS.
Not much done In wheat to-day, and no improve
ment in price. Corn In fair demand. but prices
lower. But little done In cats. Holders OF corn
have been very unwilling to make concessions In
price, but they have been compelled to yield, for
corn can now be brought here, and is being
brought here from Baltimore, and when delivered
here will cost the purchaser less than the prices
demanded by Richmond holders. As cnnse-
quencc of the importation alluded to we would
not be surprised to see bolted meal come down TO
DOC. We hear some complaint among commission
merchants of the embarrassment to which they
arc subjected by some farmers who, writing for
bags In a hurry and then falling to send in the
grain In reasonable time, give commission mer-
chants but day or two after the arrival OF the
grain to sell II, collect the money, make out the
account, and pay the proceeds. Every commits
sion merchant does not with such promptness re-
ceive from the buyer the proceeds Of sale as TO
enable him to pay over promptly to the farmer
without Masking an advance himself which fire.
quentiy puts him 1.-THE commission merch,nt) 70
Inconvenience and the loss Of portion Of his lie.
Ultimate earnings. Sometimes this hurried &c.
ton demanded of the commission merchant by
the farmer compels The latter to sell at prices
satisfactory for he is left no discretion but 20 sell
at once. A farmer desiring to have money by
certain day ought, possible, send bis produce to
his commission merchant as many days before
the time in which the money is required as posi-
Bile, The commission merchant would then have:
time to watch the market and take advantage OF
Of any good opportunity that may present itself.
It Is the same with tobacco, A farmer may send
In his tobacco, may demand all immediate sale
and immediate returns that tobacco may como
on the market on dull day, when perhaps buy
ers may have just bought largely, and then the
commission merchant is subjected to the conse-
quences OF the dizziness In other words, he can
not do as wen for the farmer as II he had received
the tobacco some days earlier. or course q farm.
er must send in his produce, but what we mean Is
tbis-for example, If he wants money on the 10th
of May he ought not to hold the article that 1t
would only come on the market on say the 9th or
on the 10th, but send it in some days sooner. The
course we suggest would be for the good Of all
conct rned, and the farmer ought to have some re-
gard for the commission merchant II he expects
the commission merchant to Use his best efforts
for him.