Fayetteville observer. [volume] (Fayetteville, Tenn.) 1850-1966, 1855-03-08
Prospective Decline in Breadstuffs

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Prospective Decline in Breadstuffs-
We clip the following article from
the Louisville Journal. We hope
the opinions expressed With regard to
a surplus may be we'll founded,
though we couless we cannot receive
them 10 full faith. It is true that
the screre drought, Of last season, as
remarked below, was confined ITO a
belt Of country extending from Iowa
to Tennessee" but it is also true that,
in nearly, if not quite, every State
in the Union, the crop was consider
ably below an average;
BRRADsrUFFs IN THE INTERIoB.--Il
closing the commercial summary for
the january number of Hunts Mer-
chants Magazine, the editor says:
sWhen the spring opens the canals
and the lakes, stream Of breadstutfs
will set toward the Old World in un-
interrupted flow. The ground sown
is the most extensive ever under cul-
Iture within our limits, and If there
be no blight on our harvest we can
feed the nations Of Europe so far as
they may need beyond their own pro-
duction. Previous to the coming for
ward Of the new, the stores Of the
old, which have accumulated at the
various points Of inland shipment,
will be sent forward, and that which
was boarded during the fall, when o
high price was offered for it in vain
will be sold far below the rates nov
current" v
Upon this extract, the Journa
thus comments: 9o19 81 eiisa4
That the price of breadstuffs, more
especially Indian corn, will largel,
decline in the spring, when the West
ern rivers and lakes are freed from
. ice, cannat be doubted. The drought
Of the past summer was limited to ,
belt of coentry extending from low,
TO Tennessee. North of the centr'
line Of Iowa, the crops Of corn ant
potatoes we're good--quite+ equal t.
! those of former years. The schols o
| that crop and a part of that Of til
precious year are still there awaiting
transportation. One of the first eli
, fects Of the drought was to impede
the navigation Of the Upper Missis
sippi and the Illinois rivers, and, b,
raising the charge for freight. pre-
vented the corn last year from beinl
, sent to market. OF the previou
years crop. only portion was sen
forward for the same reason (low wa
ter,) and also because the farmers
being able to do SO, held portions o
their crop for an anticipated rise o
price. asas 9as a
We have heard the old corn OF
hand last fall on the Illinois rive
alone estimated at three millions Q
bushels. it 3-s ai's aiesh ~
In Iowa and Northern Illinois Their
is q very larga quantity Of lndiaI
: corn and wheat which will be sent 4
market as soon as navigation opens
We have conversed with person
from Iowa, who state as fact tina
around Iowa City and at other poiDt
in the interior, the price of corn thi
fall and winter was fifteen cents Pc
bushel, and that on the river it coult
be purchased for twenty-five cents.
If these figures are correct, (ant
we have no doubt Of the truth o
them, it is obvious that when navi
cation opens part of this grain
must reach this market and be sold
at a price below that at which it nov
rules. ~ tsi.. 7iiiis ,li3ff
2 We shall be gratified at such re-
suit. 1t will be a blessing to all
classes, for it is an admitted and Ia
inevitable fact that the price Of bread.
stuffs is Interestingly high. mo-
A BIT OF ROMANCE. - Some years
ago, says the st, Louis Inteliigencer,
very hea,,iifi,} iyounp lady was the