The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1873-11-11

caS,cr for t,ic Tobacco manufacturers 70 sct
| the money they nueed. Sincefthe present
stringency began the Internal sfeY venue col
lector here has been ordered TO remit to
Washington each night his COLLECTIONS our
ing the day. This reduces the amount. OF
currency in the Richmond banks by the
amount of the balance which Is generally on
deposit there, and makes money scarcer IN
this city than it otherwise would be.
Notwithstanding these circumstances and
the general failure Of the banks in Peters
burg. which would naturally affect confidence
here,
TEE BANKS OF RICHMOND
have never suspended the payment OF cur
rency, though the fact that they have stood
as we'll as they have is largely due to the con-
fdence which the business men generally
have had in them. Some few Of the large to-
bacco manufacturers have been able to make
arrangements with their customers to for
ward to them the currency to purchase The
stamps for their tobacco, and this currency
has been generally reshpped to Washing on
on the same or the next day. The demand
for tobacco has also considerably fallen
of. have not been able In the short
time have been here to learn the
exact number of tobacco factories that
have been closed, but statistics which L
have obtained from the collectors office show
that the aggregate production has been re.
duced about two-thirds, and the number OF
hands thrown out OF employment between
1000 and 1000. These people are all
negroes, and would have been idle two or
three months during the winter bad not the
late financial disasters occurred, since it IS
not found profitable to manufacture any but
the lowest grades of tobacco during the cold
weather. The factories have closed this year
two or three months earlier than usual.
/ inquired Of several manufacturers
HOW THEIR EMPLOYEES LIVED WHEN THEY WERE
IDLE.
The reply was that nearly every one or
them had some relative who was COOK IN
some family, and that they got their living
from the table CT this PERSONS employer.
There is very seldom any suffering among
the blacks on account OF being thrown out
of work. The granite quarrles near TINS
city, which are furnishing the stone Tor the
new State Department building in Washing
ton, give employment to great number OF
men, nearly all of whom are still at work.
I heard that few of the men who are en-
Dloyed BY the Government to finish the stone
had been discharged because the contractor
could not get out the stone fast enough to
keep them at work, but the panic had not
materially affected the business.
The Touring mills Of Richmond turned
out. last year about s., 045, 900 worth of flour.
Very little of this is what is known as
"family -four" and the sales in the domestic
market are comparatively light Brazil IS
Rchmond's best customer for flour, and
could not learn that the demand had fallen
of within the past month. The owner OF
one of the largest mills here told me, on
Saturday, that the demand of the millers
for wheat was very great, and that although
the crop In this State was good Richmond
milers were obliged to purchase consldera-
BILE quantities Of western wheat to keep
their mills running. This business requires
but few bands, the grain and flour being
handled chiefly by machinery, and none
had been discharged. The other important
manufactures of this city are those OF agrl-
cultural implements, furniture and wooden
ware, boots and shoes, fertilizers, sumac,
dyestuffs and oils, refined sugars ana cotton
goods, all of which are depressed, and the
employers have made some reduction ID
their working force.