1835.] 



FARMERS' REGISTER, 



511 



It is unreasonable to expect that high prices can 

 be supported under such an increase of* cultivation; 

 and the markets in Europe and this country have 

 been gradually declining for some time. New 

 cotton now commands 15 cents, but it is expected 

 to fall as the season advances. The quality is said 

 to be unusually good. In Virginia the crop was 

 diminished by frost, also in North Carolina — but 

 not south of that. 



As the season advances, it becomes more mani- 

 fest that the wheat crop in Virginia and North 

 Carolina was very short. The mills have not 

 ground half their usual quantity — are without any 

 stocks of wheat, and will be compelled to remain 

 idle a great part of the season. Red wheat sells 

 at SI 30, and white at SI 35 cents. Country flour 

 $6 25. City Mills $7. There was exported 

 from Richmond, direct to Brazil during the past 

 season, 62,000 barrels flour. Exchange on London 

 9$ premium. 



Oct. 28. x. 



COMMERCIAL REPORT FOR NOVEMBER. 



Your correspondent regrets that he should have 

 caused any disappointment to you last month, by 

 the delay of his communication. The statistical 

 details it contained may be useful to some persons, 

 for future reference, and if you think proper to 

 publish them at this late period, the present report 

 need but notice the slight variations which have 

 since occurred. 



A momentary excitement in the wheat market, 

 which arose from no other cause than competition 

 among the millers, advanced the price of wheat 

 for a few days to $1.40, and even higher. The 

 unprofitable contest soon, however, subsided, and 

 the price receded to $1.30 to $1.33 cents for red, 

 which is now the quotation. As no other than 

 City Mills flour commands more than $6.50 per 

 barrel, the millers can make but slender profits, if 

 any. It is remarkable that in no other markets in 

 the United States, has the price of wheat been so 

 high this season as in Richmond and Petersburg. 

 This may be ascribed to the great deficiency of 

 the crop. Several cargoes of wheat have been 

 imported into this country from Europe, and some 

 flour which had long remained unsaleable in Eng- 

 land has been returned to the United States. 



The receipts of cotton in the Virginia markets 

 since the first of October, have been very small — 

 about 5000 bales in Petersburg, and less than 1000 

 in other places. It has all met a ready sale, and 

 at advanced prices, while in all the northern and 

 southern ports there was a decline. From 15 

 cents, which was current a few weeks ago, the 

 price has gradually risen in Petersburg to 15§ 

 cents for good new cotton. In New York during 

 the same time it has declined 1J to 2 cents. The 

 reported injury by frost in Virginia, and a iar<re 

 part of North Carolina is confirmed, reducing the 

 produce of the portion of country where it prevail- 

 ed, to about the same as last year — if not less. In 

 north Alabama and part of Tennessee, the dimi- 

 nution is said to be one-half. In other portions of 

 the country it was more or less felt, but still the in- 

 creased cultivation in the west is such as to induce 

 a belief that the crop of the United States will not 

 fall short of 1,350,000. and may reach 1,400,000 

 bales. Should this estimate be realized, the in- 

 ference is that the prices must decline. 



Since the frost in the early part of October, the 

 temperature has been that of summer, with the 

 exception of one or two days, until the present 

 time, and but for that early host, the crops of cot- 

 ton and tobacco would probably have been so 

 large as to overstock all markets. 



Tobacco continues in good demand at high 

 prices. Of the old crop about 1500 hogsheads, or 

 less, remain for sale, and several thousand hogs- 

 heads are held by shippers, or in course of ship- 

 ment. Old may be quoted $6.50 to $12. Of the 

 new, the receipts have been confined to the lowest 

 quality, (lugs, primings, and partly frost bitten,) 

 which sells from $5 to $6.50, and to loose tobacco, 

 not perfectly cured, embracing crops round at $7 

 to $8. The early cuttings, previous to the frost, 

 will furnish a portion of good and fine quality, but 

 the great mass of the crop it is thought will prove 

 very inferior. 



It is stated that the French government intends 

 to restrict the cultivation of tobacco in that coun- 

 try to a smaller quantity than heretofore, if not to 

 prohibit it entirely, and also to change its system 

 of obtaining supplies of American tobacco. That 

 it will make contracts for future delivery to corres- 

 pond with the samples exhibited, not confining its 

 purchases to fine quality, leaving it open to all 

 persons to make tenders. Should these statements 

 be confirmed, the interest of the tobacco growers 

 in the United States will be promoted, but it would 

 be more desirable to have the trade in this article 

 unshackled, as it is in every other. 



Stocks generally have declined in the northern 

 cities, but prices there being generally governed 

 by gambling speculations, there is no steadiness 

 in them. The stocks of the Virginia banks vary 

 but little — Virginia Bank 113^ to 114 — Farmer's 

 Bank, a trifle lower. Petersburg Rail Road 

 shares have been sold at $120, including the six 

 months' dividend of 5 per cent., payable the first 

 of December — Richmond and Potomac Rail Road 

 $10 premium — Greensville and Roanoke $5 to 

 $7 premium. Exchange on England 9^. 



x. 



November 23. 



THE BRITISH FARMER'S MAGAZINE AND THE 

 farmers' REGISTER. 



The British Farmers' Magazine for July contains 

 nearly thirty two pages of matter extracted from the 

 Farmers' Register and from the Essay on Calcareous 

 Manures (1st Ed.) This circumstance is the more 

 remarkable, as it is not the practice of this, or other 

 British periodicals, to present other than original 

 pieces, except such short extracts as are embraced in 

 their reviews of new publications. Even to these, but 

 little space is allowed in agricultural journals, there be- 

 ing rarely more than a page or two given to the review 

 of any one work. In the two years that we have re- 

 ceived this journal, it is not remembered that there has 

 been a single selected article published. The present 

 departure from previous usage, in this respect, and the 

 fact of the extracts being so very copious, present an 

 unusual, as well as complimentary notice of the pieces 

 so extracted. Still, there is something to be complain- 

 ed of in the manner in which these articles are pre- 

 sented to European readers. For the first one only, 

 ••O/i the influence of parentage on offspring, in breeding 



