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Business.

--The present disturbed state of public affairs throughout the country has had its due effect in this city in paralyzing industry, crippling trade, and keeping money out of circulation by making capitalists the victims of distrust as to the stability of the existing order of things. There have been fewer auction sales of real estate since the 1st of January than in the same length of time in the whole history of the city. This fact we gather from a firm more extensively engaged in the real estate business than any other in the city. Owners are unwilling now to improve their property, and they will not sell, believing in the ultimate value of their investments, while capitalists are equally chary in laying out money. When the public mind becomes settled, we may reasonably look for an immense advance in the price of all descriptions of property. We have heard it predicted that whenever that time did arrive, there would be more buildings erected in Richmond than was ever before. There is no reason why the city should not go ahead, for it contains within itself all the elements of prosperity.

The Daily Dispatch: February 20, 1861. Richmond Dispatch. 4 pages. by Cowardin & Hammersley. Richmond. February 20, 1861. microfilm. Ann Arbor, Mi : Proquest. 1 microfilm reel ; 35 mm.

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