Loudon free press. (Loudon, Tenn.) 1852-1855, 1853-04-09
Commercial.
Commercial correspondence ofthe Free Press
NEW 0RIFANs. March %

0"i niAi Ao' Ine past week. Mldllng Cotton, which
was reported as closing the week previous at sA93
opened Monday at Sc @94, and continued at these
figures until Saturday, when prices stood, and the
market closed, at S4@9i. Good Inferior 5@6i
Ordinary HOS Midling si@9l; Good Midling
93@1O; Mdling Fair O4@lo1; Fair lI-Weeks
sales-36, $50 bales.
Coffee sold during the week 1881 bags, including
450 at &c, 1871 at Dlc, 1866 at 9lc, so at 91c
Sugar has again been dull, and the weeks sales
amount only to 2, 45O Hhds Inferior 21a9c Com
mon 35@3!c; Fair to fully Fair 3s@4sc.
NOlusses--Sales of the week 1850 barrels Sour
and Fermenting parcels 17@2l; Prime and Rebol-
ed lots o.
1O60ccO.-Week's sales 1907 Hhds-Inferior to
common leaf 5@51; Fair 500; Fine 6@64; Choice
62@7i.
Dried Fruits still stand at last weeks quotations.
White Beans, same price. Of both articles there
are but few coming forward and demand continues
good.
Feataers.-Received large lot this morning from
East Tennessee, and within half an hour after the bill
of lading left my desk, had them sold at 47c.
p ID. cash. delivered the tevee, thus saving to the
shipper, oil charges here except my commission. This
sale is equal to 55c in New York or PHILADELPHIA
where they pile charges for quarrentee storage,
drayage fire insurance. advertising, &C., &c., which
more than makes up that difference. The article is
scarce and likely to be The day this lot of
feathers received they sold delivered, paid
for, account of sales made up and it and proceeds
their way back to East Tennessee, paying shipper
handsome profit.
L.. r;b bad
Hams, plain, S@S4; Do Sugar cured 1O3@l1.
Lard-In tierces and barrels 8, in kegs 94@10.
Grass Bags-9sc each.
have been giving you for sometime past quota
tons of Tobacco, and suggested to you last week the
capabilities of East Tennessee in the way of pro-
ducing an article of Hemp, which would at all times
command high price; and my object in SO doing,
to direct the attention of your Farmers to these
articles As the season for putting in these crops is
close at hand, l have proposition to make, which
is this: That every Farmer in every county in East
Tennessee, this year, puts in, in addition to his
other crops, acre. Tor more) of Hemp, and one
acre Tor more) Of Tobacco. The additional labor
required to produce acre of each of these articles
is nconsiderable When the Hemp and Tobacco are
ready for market next winter, send them down to
to SELL and if the of Tobacco does not pro-
duce so, and the acre of Hemp 100 per cent MORE
than any acre of corn wheat the same farmer may
raise during the season, land matter whether sold
wheat or in the shape of Hogs and Flour,)
will sell said Hemp and Tobacco FREE OF ALL
CHARGES to the Farmer, (or other person who may
control it, which usually accrues upon such opera
tons in this city. That is-If these crops do not
I I Il.
age, &C., and the only expense the owner will be at,
is freight from East Tennessee to this city.
One reason for the above proposition is, that 1
have got tired of hearing Middle Tennessee people
at the productions of end of the State af-
fecting to believe that our exports now, they
were formerly, "onty feW dried apples, &c. At
Nashville, in this city, to hear these people talk
of "our boats" and the loads of produce taken off;
of "our Cotton" and Sour Tobacco" one would
naturally suppose Middle Tennessee supplied the
world with these articles, and that these articles
prise their exports. But living here a while, one
soon finds it quite differently, and that the rate of
exchange (which invariably indicates the difference
between exports and imports,) between Nashville
and New Orleans, would be seriously affected were
the crop of Gouber Peas, (Which, by the way are a
first rate article worth here y cts. p bushel) to fail
or the Hens to cease laying Eggs. Indeed, the
latter calamity happen, least one of their boats
would be compelled to lay up for want of freight
For the Nashville her last trip down. brought to
cur city, hundred barrels Of Eggs! So your
people by this that other sections of the country
richer than you are send little things to this market
and why should not you! Middle Tennessee has
learned this operation from the Yankees of Ohio,
and whipping them out at it. Your people would
do well to initiate Middle Tennessee and if you will
try, can at least divide the market with your neigh
bors. The extension of the Nashville and Chatta-
nooga Railroad to the river, furnishes the requisit
facilities.
The extension of Railroads through East Tennes-
see, connecting with Southern Roads, will eventually
bring much of your trade here, and gradually change
the character of your productions, and adapt them
to this market. The above proposition, if acted up
on, will prove the entering wedge; and if the mer-
chants throughout your country would urge it upon
their customers, have little doubt but that it would
be acted upon to some extent this season. If the
experiment is once fairly made it will not be long
until many other articles, raised in small quaint
ties for home use and many not raised at ALL will
form large items in your export trade to this market
The merchant too, would be greatly benefited by
such change in the character of your exports, it
would give his customers the certainly of
paying their bills in the fall-give him exchange on
the East much cheaper than now to be had-give
him exchange on New Orleans, which he cannot
now procure at any price in East Tennessee; and be-
Sides which is of much consequence, enable him, if
desired, to make purchases of Groceries in this
ket, on tco, three, or four months time, at
same prices adding in interest, as though they
bought with remittances from East Tennessee, at
the time ordered.
If but a few Farmers in different parts of East
Tennessee could be induced to try these experiments
this season, it would not be three years thereafter,
until the exports of East Tennessee, to this city,
would greatly exceed those of the middle division
of the State.
Respectfully,
Z. S. TEMPLE,
Commission and Forwarding Merchant,
No.45 Camp street, Ncw Orleans.
To EDITORS Free Press, Loudon, Tenn.