640 



FARMERS' REGISTE 



[No. Id 



increase — but the production bids fair to overtake 

 it, as they are now nearly on a par. 



Prices of tobacco are well sustained in this 

 country, and generally in Europe. Of that which 

 has been brought to market this season, a large 

 portion is frostbitten, and otherwise of inferior 

 quality; but the better sorts do not usually appear 

 until later in the season — $6 to ^10, embrace all 

 but the extreme prices. The manulacturers are ac- 

 tively employed in replacing the quantities which 

 were destroyed by the great fire in New York; es- 

 timated at about 10,000 kegs and bo: 



Flour has been rather dull for some weeks past, 

 and may be quoted at ft6^ to 7. Although the 

 stock in the United States is estimated to be unu- 

 sually small, yet as the home demand is the only 

 important one, the ex] ation of high | rices 

 seems to be abandoned. Wheat commands 130 

 to 135 cents. 



Contrary to the impression which prevailed a 

 few months ago, that corn would be very low, it 

 bears a good price — and a fair demand exists on 

 James river (tide water,) at £;3.35 per. barrel, or67 

 cents per bushel. The product was much dimin- 

 ished by damage sustained in the moist and warm 

 weather during the season for curing. 



The uncertainty as to the termination of our dif- 

 ferences with France, which appear to us on a 

 point of etiquette, is the cause of considerable 

 anxiety, and creates a want of confidence in com- 

 mercial operations. 



The destructive fire which occurred in New 

 York on the 16th of December, consuming be- 

 tween 500 and 600 stores, and property estimated 

 at more than seventeen millions of dollars, would, 

 it was apprehended, have caused a great number 

 of failures among the merchants there, and even 

 elsewhere; but happily no such consequences 

 have followed — although the insurance orlices 

 generally, have as yet been unable to pay their 

 losses, and many of them are rendered insolvent — 

 and no relief has as yet been granted by the gov- 

 ernment. A higher encomium could not be passed 

 on the mercantile community, than the fact that 

 the members of it, should thus have sustained 

 themselves, and each other, under such ;m un- 

 precedented calamity. 



At this season of legislation, efioris are making 

 in many of the states tor a great increase of bank- 

 ing capital — the aggregate exceeding probably, 

 one hundred millions of dollars. The charter of 

 the UnitedStates Bank will expire in March next; 

 but an impression now prevails that the state of 

 Pennsylvania will grant a new charter. Should 

 its command of capital as a state institution enable 

 it to check excessive issues by minor establish- 

 ments, and should its power be used as heretofore, 

 to that end, it may prevent, a recurrence of the. 

 state of things which existed at the time of its 

 creation, and which in fact, was the chief induce- 

 ment for founding it. A London banker has, it is 

 stated, established an agency in Boston. 



It is a subject of congratulation, that our breth- 

 ren of North Carolina, with whom ourcommercial 

 ties are so interesting and important, are about 

 to open a channel of communication, by which 

 the intercourse between that state and all those 

 north of it, will be greatly facilitated. The char- 

 ter for a rail road from Raleigh to Gaston, (Wil- 

 kin's Ferry,) on Roanoke, was no sooner granted, 

 than the citizens of Raleigh, acting in a most lib- 



eral spirit, in conjunction with those of Peters- 

 burg, at once secured the privileges of the 

 charter and the certainty of effecting the work, by 

 an equal subscription horn each place, amounting 

 to .§'300,000, even in anticipation of the opening 

 of the books. This sum is now receiving consid- 

 erable accession in those two places — about 

 $400,0000 having been already subscribed in 

 them: and as a liberal spirit now prevails among 

 the citizens of North Carolina generally, it will 

 doubtless be displayed by extensive subscriptions 

 in the various towns where books are opened. 



The intimate connexion of this work with the 

 rail road now in progress from Richmond to Fred- 

 ericksburg, and others north of it, which will con- 

 stitute an uninterrupted line north and south, must 

 induce those who are interested in the success of 

 any one work, to give a helping hand to this, 

 from which they are to derive such obvious ad- 

 vantages. The commercial interests of Peters- 

 bur;;' and Richmond are deeply involved in its suc- 

 cess; and n is presumed the citizens of the latter 

 place, will evince their readiness to promote this 

 important object by a liberal contribution towards 

 it — particularly as it holds out as fair a prospect of 

 ample remuneration ibr capital invested, as any 

 similar work. Another link south of Raleigh will 

 complete the great chain. Many other works of 

 internal improvement are in progress, or projected, 

 in various parts of the state. 



The manufacturing establishments in Virginia, 

 particularly of cotton, are thriving, and the num- 

 ber of them increasing: the quantity of raw ma- 

 terial thus consumed at home, has an evident in- 

 fluence on the price, which, during the season, has 

 usually been as high in Petersburg as in New 

 York — for equal quality. 



x. 



January 28, 1836. 



TO READERS AND CORRESPONDENTS. 



The communications of our friends come very irreg- 

 ularly, and daring the last month, in but small number. 

 Our January No. was unusually rich in original com- 

 munications, and this contains very few. We hope 

 that correspondents, both new and old, will hasten to 

 prevent a continuance of such a complaint. Some of 

 those who have recently favored us with commvnica- 

 tions, have sent them post paid. This is not desired — 

 and we are unwilling that this additional tax should be 

 imposed on those to whose communications we are in- 

 debted for the principal value which this journal pos- 

 sesses. 



AGENCIES AND COLLECTIONS. 



James Anderson is no longer an agent for this pub- 

 lication. Robert Hill of King William, and his assist- 

 ants N. B. Hill and Edw. N. Dabney, are the only per- 

 sons authorized to collect subscriptions due to the 

 Farmers' Register. 



Subscriptions may be paid at the bookstore of Camp- 

 bell and Rutin, Petersburg, or to the Editor by 

 mail, and at his risk, as heretofore, if the payment is cer- 

 tified by the postmaster at whose office it is mailed. 



PRINTED BY ROBERT RICKETTS, 



Corner of High and Market sts. Petersburg, Vu. 



1 



