New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-15
LAST WORDS FROM THE VEST.

Editorial Correspondence Of The n. 7. Tribune.
CHICAGO, H., Jan. II, 1853.
Since wrote last have been as far West as
Iowa City, and am here on my return. Conversa-
tons with friends who have trayersed and fresh
from all the States and Territories of the North
West have but slightly modified my previous i'm
pressons with regard to the condition of the PEG.
pie. Ny latest conclusions are as follows:
!. The quantity of Grain in the West is greater
than had supposed Illinois and Indiana U think
Ohio also) have far more VVlo ~ and Or. .. +@i-
moment than before at this season; Wiscon-
sin probably the same; while Minnesota, though
she has no surplus to export, has at least double
the product of any former year. And this crop
will 20 further and hold ont much better than
hitherto because there is an abundance of Prairie
Hay almost everywhere, for want of which mil
lions Of bushels of Grain were fed out last year.
l have hardly found place outside Of this city
where this Hay is not for sale at IS or Sc per tuD,
while il is offered in many places at $24 to SO.
was told in Iowa City that load which had bsen
vainly offered there at all prices down to 81, was
finally urged upon o friend of the owner for moth
ing but he declined to have it pitched into his yard
This story may be apOcypha but there can bic no
doubt of the general abundance and extreme cheap
ness of Hay throughout this region, where it sold
I'D in some localities even to $40 per tun last
Spring, while thousands of cattle died for want of
il. including some who had Grain in suficiency.
The scarcity Of Stock Hogs for fatting calculated
to swell the surplus of GRAIN Wisconsin is buy:
ing Pork by the cargo from Illinois, when she could
prOftaby make surplus If she only had tine pigs
whereby to convert her excess OF Corn into Pork.
Most Of the Wheat remains still in the stack, await
ing better prices, the growers having no lit storage
for it if threshed
H. The Spring demand for Goods, and especially
for Dry Goods throughout this region must be very
light. The people are unable to pay for halt the
usual supply and are so harassed BY debt tnat they
do not choose to incur any more just now A TREND
asked tailor in Davenport how his trade bore the
general pressure. First rate, he replied;
. have more journeymen at work than ever before,
I" but all mending, facing and reftting; l hardly
make new coat" And this must be In all
departments of trade until the farmers can Obtain
better prices. Seeing a farmer standing III iowa
City beside as good a load OF the Ollo or
gOurd-se corn as | ever saw anywhere, asked
him his price, and he answered, Eighteen cents
bushel." thought this cheap enough, but friend
assured me that it was above the market-hfteen
cents for corn and forty for wheat being the ruling
prices, and no money to be had for grain even n
these rates. Consider that the ruling Currency at
Iowa City consists of the issues OF Nebraska bauH
for which neither Specie, Eastern Exchange nor
even Illinois bank-notes, can be obtained, except a.
a heavy discOunt-ten to fifteen per cenI anu .o'
often at any rate, and you will see that TINS price
for corn barely paws for harvesting and marketing
il. If only storage-room il obtainabte, l believe
there is no safer employment for money al TINS mo-
ment than in judicious purchases OF Gram through
out the West. 1t il hardly possible that prices
should not advance when the Spring shail na'c
opeLed. But one fourth the amount oil DF! "ooI'
purchased at the East last Spring nil be an athpic
supply for the requirements o. the SpfllS anu
Summer Of ls5c.
III. That the collection of dssts should De dit-
fcult process when Produce is 50 depressed i
matter Of course. There is scarcely al. E'S'clH
bank note to be found west CT Cleyclana, ana an!
few dollars that may stragge this way are e c'I
snapped up aud sent East as iremttanfe. "uu
hidden. where il still fingers; out VERY rluch MOI ON!
Of this but of silver change, has been GaiheIo" "P
AID sent East. Nebraska Sank notes, gehe5ali VI
dubious solyency. and uniformly oonVeruDio my
specie Eastern paper oHiy at ruih0us ms I -;
corporation shinplasters, and eyea indr t''ii o I
plasters-none of them regarded as oi any Nalu :,
far outside the shadow of ne tai pshh1
whence they are iss ,ed-are. the aeceptea SUD,
stitutes for money n mos. localities upon an'i
west OF the Mississippi. CAe Oh inc nnt? : l
brothers, who are now here singing .non wa!
Eastward from tneir nSS home III 'Aillifes''''
Informed me tLst he Aas been snSihg along
four hundred niles through Minnesota duo iom''
taking Grain for MUST wherever catn was elatlaii
able, and has ioDe very wei by IL III Que ll':a',ce
farmer dylyo up with eight besheA' VI oY.n AZ u
sleigh, sns liz wife aud six children oeaTI
saying, We have no money but We al wan. mt T.
hear ven and Corn is the best we can give you,
He accepted the Corn very gladly gave elSnt r"ei
ty-6re cent tickets in exchange lol H. anu 'ums "
out In every such case, bis 'anuio1 n .. ,OT a.
leishboiDg miller took the gram ~ e NJ AZ
E'i htotb sa will sing their way back through A
same region peI. April, taxing gra.a wherever OAK