The Athens post. [volume] (Athens, Tenn.) 1848-1917, 1857-06-19
PRICES TEND DOWNWARD
The Augusta despatch of the 18th a,

Inc hueus'a uesPa'en OF The 18th says:
In spite of the efforts to the contr,,r :,
prices Of a number of the leading articI,s VI" NC
domestic use are tending downward VI
Corn, which has been at price distress;,.
and almost fabulous, is pouring in from ,bs
West by the 10000 bushels. A desn,,"to
from Illinois says:
Receipts yesterday BY teams at Hem.
Chilicothe and LacOn, Eileen thousand busi
els, and much larger to-day"
This despatch was dated Tuesday, Mopd,,
being the first day the deliveries had been
very large, farmers having been very busy No
10 the Saturday previous. The Galtna l. q
N. R. r., a road that il was stated Womb
Bring no grain to market, is bringing abon,
$4,000 to Is, 90 bushels Of wheat and 10 OOo
TO $1,000 bushels of corn per day. 'Snc.
planting has been completed farmers ar. com
ing in who they supposed had no corn what
ever to dispose Of, aud are offering two yesr,
crops for sale. The receipts of grain in chi.
eago for the next sixty days, both of WHEAT
and corn, will astonish the world, and in on,
humble opinion give the "bulls" more ar,ys
exercise than they will want to perform. If /,
does not bring them down upon their Knee.
The Cincinnati Gazette of the 4th instant
saws, "Flour is rapidly tending downward
and the decline in the last three DAYS il 60
cents per barrel, which does not vet BRING
forward purchasers. Provisions are also de-
clining."
AT 81. Louis the receipts of wheat and
flour have already been more than aoukla
what they were last year the first Of June.
and the quantity Of corn received is six times
greater than last year.
AT Chicago, the telegraph reports rapidly
increasing supplies. On the Sd, it SAYS "Corn
has declined, receipts more liberal. and bs to
90 cents nre the highest offers in store. On
the 4th, We have receipts Of $4,000 bushels
wheat and $4,000 bushels corn. On the 6th,
The reports Is, Receipts yesterday Il,OO0
bushels corn and $4,000 bushels wheat. and
the receipts will foot up larger than that To-
day."
We understand some Of our enterprisino
produce dealers are turning their attention 10
st. Louis rs bacon and grain market, and
we have no doubt they can get supplies
through, via Nashville, cheaper than by BaIi.
more and Charleston or Savannah. Fr-ishls
from ST. Louis to Augusta, including draynge,
are only IS cents per hundred pounds. which
is materially lower than the produce of that
con ut Stut w Baltimore DV fhlITOhu,
and thence shipped to the Southern ports.
"Sugars are easer"--is the language of the
Commercial Circulars The crop Of cane
never looked more promising. and is likely to
be three or four times greater than last year.
Add to this the unusual amount of maple
sugar made during the late cold spring, and
the fact that many consumers have "put
themselves on short allowance" and we have
a cheering prospect of speedy aud material
decline in sugar and molasses. A continuation
of the present growing weather, will secure
an abundant harvest, and relieve the country
from the present high prices, which result
more from the combination of spectators,
than from any distressing scarcity.
In bacon alone we hear of no prospect ofa
material decline. The Nashville papers re-
port more received last week than for the two
weeks previous. Hams from wagons was
offered ut &c.; sides at l4tc., but there is
evidently material scarcity a. the West, and
the high price of grain will decrease the
amount of homemade meat very materially,
so that it seems probable that bacon will rule
high for some time to come.