The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-11-20
Brcadstufrs Tor South Carolina

Brcadstuffs for South Carolina.
We publish, by request, the fol-
lowing communication from the
Charleston Com.ier:
A late number Of the Darlington
Is. O. Somhe1ner contains an edito-
rial, giving plan for bringing corn
direct from the West. At this season
of the year, the proposed method is
1mpractlcable, as water navigation
must soon CLOSE and the transporta
ton will necessarily be confined TO
railroads. AS usual in such cases.
the rates of freight will be advanced.
winch must advance at proportionate
rates the price of breadstuffs. OF
course much VII be said about cxtor
ton and fabulous prices, but this
must be regulated by the demand.
There are occasions when corn sells
IN this market at q loss of Is to 90
cents per bushel. Corn sold in this
market, on the 31st Of October last,
at Sl.30 per bushel. The price in
New York and Baltimore at the same
time was from $1.2S to S1.3O Der
bushel. The cost to lay corn in
Charleston is from % to 80 cents Der
bushel, according to freight, whether
shipped in steam or sail vessels.
lhls includes the cost of the bags.
The policy of the planter or consumer
is to buy at the nearest wholesale
market. Corn has advanced in the
last four weeks, in all other markets.
ABOUT 90 cents per bushel. By next
spring, when all the avenues are open,
the price of corn Will decline. 1t is
estimated that the corn crop i'm the
United States Will be 1,OO0, 900. 900
of bushels. The wheat crop is not
so good. California, though. will
have j., 000,0 bushels of wheat to
spare. There are now 5OO,O bu-
shells of wheat on the way from San
Francisco to New York.
The writer Of this will undertake to
bring $4,000 bushels corn to this
market every month, if the State of
South Carolina Will furnish a credit
of S24, 900 The corn will bo sold to
the rich and poor alike, in quantities
from one bushel up to l 900, at the
cost price, adding only o., per cent.
for commissions. TO insure the
faithfully carrying out of this propo-
sltlon, let committee be appointed
in this city. to whom all invoices and
bills of lading shall be open for in
spection. This will prevent extortion
or fabulous prices There need not
be any apprehension about the sup
ply OF corn. Charleston will receive
millions of bushels. On an average,
1t can be purchased at lower rates
than If brought from abroad. This
fact is well known to all practical bu-
sincss men.
The idea OF extortion has exploded,
since the commerce of the world is
open to all of us. The old sayinr
IS, water Will find its level: and so will
corn.
The writer remembers when there
was q great cry of scarcity Of corn in
tins State, III the year 1S49. At one
tune during that year, there were
ahoat III this port 100, 900 bushels of
corn III vessels from various ports of
the country, and TIE same thing will
happen again.
There should be no apprehension
IN regard 10 the future supply of
breadstufts There are causes for
prices to remain high until next
spring.
The Old crop is now entirely ex-
hauSted and the new crop is not yet
ready Ior market. Navigation will
soon close. The present stock in the
city of New York is sufficient for the
winter supply, and the resources of
transportation are limited. There is
also large demand for Europe. The
deficiency in the wheat crop will have
to be made up in corn, of which
1000, OOO,0 900 Of bushels Will be made
this year. e. A n
CHARLESTON, November 2, 1866.
PEACE RECOGNIZED AT ATLAsr.-Some
time 400 Con GroDt ;ce,,o1 ~,