The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-09-12
The Commercial Year.


palmy days OF our former prosperity it wa
customary at this period for the daily paper
10 give an annual review of the New Orleans
markets, entering into all the principal de
tails Of their movements throughout To,
year and accompanying the report with
such general information aud reflections a.
were suggested by the occasion. This Gus
tom was interrupted BY the war, and, we
presume, viii not be generally resumed
until next yeaT. In iaes, the character o.
the business transacted in our city durinz
the past year does not require any other no
nee than the tull reports OF the markets
Whleh We publish daily. There are, how
ever, some facts in the progress of our trade
of greater interest.
/ Up to the close of Nav our receipts Of cot
ton had been confined in round numbers to
I 1900 bales. The reported sales during the
same period were Oaly about A., 000, aud the
| exports embraced $4,000 bales, mostly t.
| New 1ork. The entire movement for these
nine months was less than TIE ordinary op-
era'ions of single week in our former bust
| ness seasons, and very much less than the
/ amount for the past month.
During the past three months the recaipts
nave exceeded 207 ,000 bales, while the sales
have embraced lQj,OO0, and the exports
lSU VVV bales Thus, nearly three -fourths
OF me entire cotton business Of the wear has
been done since June. Our total re
celpts show q considerable increase
over last yesr's-in round numbers, 27I 00O
against l3l 900, but are very much less tban
before the war-the amount for Is5e-6e be-
ing over 2.25O,000 bales. When, however.
we consider the present enhanced value of
me staple, the result, ever if compared with
the tull crop year Of lS59-60 appears much
less unfavorable.
The receipts of new crop up to date are
only p bales
There has also been a very large falling
on IN the receipts Of sugar, which are only
$500 hogsheads, and about 2OOO barrels,
against upwards of $4,000 hogsheads and
$3.50 barrels lgst year. With such limited
supplies, prices have ruled high throughout
the year.
The receipts Of molasses have been in ex-
cess OF the usual proportion to sugar, but
sui exhibit heavy decrease, amounting 10
less les, than 1905 bills, against upwards of
I1''OVV last year. The prospects for the
ne" year are more encouraging, but still
we Gao hardly anticipate more than Is 600
to 10000 hhds. sugar. with a corresDondi,,c 4,
emountot molasses. Our Plaauemines con-
temporary, who is no doubt well informed
on the SUBJECT, hopes that the yield of su-
gar IN that parish will reach 5000 hhds. |
rms Is more than double the product of last |
year, When the crop of the entire State could |
hardly have exceeded 700O hhds. If the |
other sugar parishes show a corresponding !
increase, 1t would still be less than IS 0O1 |
hhds. OF course these coniectures. and
they ere hardly more, may be disappointed /
before the close of the season by the mauy
easusItie to which the crop is exposed, and
wnieh nave made it Proverbially precarious,
as is clearly shown by the iaes that the
crops from 1893 to 1861 yerIed from a 600
hhds. to 4jO, 900 hhds.
There has been q large falling Off in most
Of the products Of the hog. which NAV he
attributed TO the suspension Of the planta-
ton demand. Unless eur planters succeed
in reviving the culture Of cotton aud sugar.
the demand for provisions in this market. az
least tor cOnsump tien, must continue TO be
extremely limited. We may present our
Western friends the best means of forward
Ing their products to the North, or build up
q market for foreign export, but the cOpious {
supplies formerly required for our plsnta-
ion slaves will not be wanted IL the ,
lanter be unable to command the labor re
lured for the successful culture of cotton
Ind sugar, he viii raise his own corn and !
hogs, and thus far, at least, heCome indie ,
pendent Of supplies from abroad And so, ,
~ WIN ANEAAA " b4b AGtbuLlAA ullu1Ell. I
{ he deyOtes himself exclusively 10 the cul {
ivation OF a small patch of ground to pro {
'lde for the wants of himself and his family
lie viii be sure to raise Sufficient corn and
Weet potatoes, without relying upon pur-
bases from others. Under these circum- ]
tances he will have his own hogs and smoke ,
lie own bacon. We trust, however, that
matters win be otherwise ordered, and
ONE settlement will be made Of the labor I
uestiOn in the South which will enable '
ne planter once more to become the most 9
,roftab customer Of the Western farmer
There has been also large falling of in
he receipts of many other leading articles
rom tue West; but ON the other band there {
las been 81 increase in flour, corn, and some 7
minor srirles. The receipts of flour en-
rarc about 79l 900 bhls. against 400 .00O last
ear, showing an increase of about 39l 900 9
bis. The reported sales comprise about | I
50 900 bhls., or less than one-third toe ,
mount of receipts, very large portion Of
-hich was for transhipment 10 the North
nd a considerable amount on Government
ccount Prices have shown considerable I
ucuatons Superiine ranging from SlI 70 ,
D y 20 IN last September, down 10 Sc - 20
Z 70 in July. The increase i'm corn is q
bout IA, 600 sacks. The sales. as reported {
rom week 90 week, sum up about 200, 600 | +
acks, or but little more than one-third the
mount of receipts, 8 very large portion of
hitch was on Government account, aad of !
curse not placed on the market In fact
he supplies were hardly more than sufficed r
D meet the demsnd for consumption, less
han 10000 sacks having been exported, the
lost of which was to New York. Prices I
ave been governed by the proportion of
he supply to the demand. white ruling
hen the market was nearly ba e. as biph | 2
3 81 80 per bushel and selling, when the I
aceipts were heaviest, as low as 9Oc ]
The commercial year closes with a very
uiet market in nearly every department
{ trade excepting our leading staple, the
emaud for which continues good, although | +
ather checked for the moment by uniavOr- y
bic influences, which have been noticed in
ar daily commercial reports. Estimates Of
ne growing crop at this period of the season '
ave always been 20 a great extent couiec-
lral but in the absence Of any reliable n
alta they do more so now than ever. We
ear, however, many who are prompt to give
Jews on the subject, based on information 1
erived from private CORES ondence and r
Their sources, who variously fl the amount
{ from SOC, 900 70 400 600 bales, and some
ven look for 100000. We know Of none t
no 20 beyond these figures. The amount
{ the old crop still LETT in the South is also ;
vexed question, but the estimates vary
.om zoo, 900 70 900 600, aud even as high as !
900 900. Excluding the stocks on hand in
be receiving ports, this would give as ex- {
-emes for the supply up to next September,
ne million 10 one million and half, giving
n average Of one million and a quarter. 1
We repeat, however, that we regard these :
CURES as merely conjectural. -Nei0 Orleans /
1fao5tsy0r