Financial and Commercial.
Tuesday, March 10, 1863.
Specie and Bank Notes.--The premium for gold continues to advance.
To day there were sales at 400 per cent, premium, which is equivalent to the exchange of a $5 Confederate Treasury note for one dollar in gold!
The demand is chiefly from aliens who are leaving for the
North and speculators upon their necessities.
Bank notes of he several States of the
Confederacy are also advancing — sales to-day at 60 per cent premium
Baltimore bank notes $160 prem; "green backs," $260 prem.
Bonds and Stocks.--We quote Confederate bonds (100 M loan) at 100 and int.; do, do, (15 M) 115 and inst.--an advance; Va. reg'd bonds, 106;
N. Carolina sixes, 14 ½ with reported sales at higher figures; do. do.
eights, 116;
Missouri sixes, 160; Orange and Alexandria R. R.
sixes, 102 and inst,
Va. and
Tenn. R. R., 21 mort, bonds, and int.; Exchange Bank stock, 110; Farmers' Bank, 111; Bank of Virginia, 28; Merchants' Insurance stock, 82½ Va. Fire and
Marine Insurance stock, 45.
Produce.--
Wheat is uncharged, and but little doing; prime red would bring $3.75; do white $4. Flour firm at the following quotations: Super fine $28, Extra $30, Family $33@25.
Corn has advanced to $4.50 per bushel.
Corn Moat may be quoted at $5. The
Tobacco market continues active, with sales at full rates.
Bacon $1.15@1.22 per lb. for hog round.
Butter $1.75@1. Lard St 11@1.25.
Dried Apples $8@3.20.
Dried Peaches $12@15 per bushel.
Other articles unchanged.
Groceries.--There is no charge to notice in any article except
Rice, which now commands 18c by the tierce.
Brown Sugar 93@97.
Molasses $8 per gallon.
Rin Coffee $3.50 per lb. Salt 24 cts. per lb. Retail prices are advanced to suit the views of dealers.
