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


In spite of the efforts to the contrary, the
prices Of number Of the leading articles of
domestic use are tending downward.
Corn, which has been ut price distressing
and almost fabulous, Is pouring in from the
West by the 10000 bushels. A despatch
from Illinois says:
"Receipts yesterday by teams nt Henry,
Chilicothe and Lacon, ifteen thousand bush
els, and much larger to-day"
This despatch was dated Tuesday, Monday
being the first day the deliveries had been
very large, farmers having been very busy up
to the Saturday previous. The Gnlenn & G.
N. r. r., n rond that II was stated woald
bring no grain to market, is bringing about
$4,000 to 1900 bushels Of wheat and 10000
TO $4,000 bushels of corn per day. Since
planting has been completed farmers are COM
ing in who they supposed had no corn what:
ever 10 dispose of, and are offering two years.
crops for sale. The receipts OF grain In Chi-
cago for the next sixty days, both of wheat
and corn, will nstonsh the world, and in our
humble opinion give the "bulls" more active
exercise than they will want to perform, If il
does not bring them down upon their knees.
The Cincinnati Gazette Of the 4th instant,
says, "Flour is rapidly tending downward,
and the decline In the last three days is so
cents per barrel, which does not yet bring
forward purchasers. Provisions are also de-
cining."
At 81. Louis the receipts Of wheat md
flour have already been more than double
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 rnpidly
increasing supplies. On the Sd. II says, "Corn
has declined, receipts more liberal, and 68 to
69 cents gre tbs highest offers in store. On
the 4th, we have receipts Of $4,000 bushels
wheat and $4,000 bushels corn. On the 9Th,
the reports is, "recpipts yesterday 1900
bushels corn and $4,000 bushels wheat, and
the receipts will foot up larger than that to-
day."
We understand some Of our enterprising
produce dealers are turning their attention 10
ST. Louis ms bacon and grain market, and
we have no doubt they can get supplies
through, via Nashville, cheaper Than by Balti-
more and Charleston or Savannah. Freights
from st. Louis to Augusta, including drayage,
are only IS cents per hundred pounds, which
is materially lower than the produce of that
section can be sent to Baltimore BY railroad,
and thence shipped to the Southern ports.
"Sugars ARE easer"-is the language Of tho
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
n cheering prospect of n speedy md material
decline in sugar and molasses. A contin uation
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 Of .
material decline. The Nashville papers re-
port more received last eek than for the two
weeks previous. Hams from wagons was
offered at &c.; sides ut I4ic., but there 10
evidently n 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.