Abbeville press. [volume] (Abbeville, S.C.) 1860-1869, 1866-09-07
PRICES COMING DOWN.


Augusta Chronicle anil Sentinel, is in
New York. In his last letter, gives us
the following in relation to the price of
sundry articles in that city:
Prices Of goods OF every description are
much lower than they wcr. last fall. This
is particularly true in reference to leading
articles of groceries. For Instance, crash
cd sugars, Which wcrt: sold last fall nj o3
to 81 cents per pound, are now offered
freely ut 6 to II cents. Coffee is also
from 10 TO II per cent cheaper, and so Of
all the heavier and more common articles
i'll the grocery line. In tlia branch Of bu~
sinesS large trade is done, Mt prices 10 to
- per cent cheaper than tho last sea-
| son.
Dry goods are also lower, and the stocks
| heavier than over before l,nown in thi. ci =
ty. In forei On good, the decline is great
CIR than those OF domestic manufactures |
learn that there is considerable stagnation
among the manufactures, anl serious ap-
rrchensions arc felt lest the continued
downward tendency oc prices should cause
the stoppago of many of tho mills, or at
least force them to manufacture very snar-
ingly. The j"b5crs arc doing Gac dust
ness now, and seem pleased with the pros
poets ahead. There is still strong bell cf
here that the crop Of cotton will be at
least half that Of 1860, and many think it
will even 60 beyond that amount.
Speaking Of general business in the me-
tropolls, he says:
This great metropolis is now filled with
Southern and Western me, chants, who
have como here for their fall and winter
stock Of goods. All tho hotels arc full
and the private boarding houses are being
rapidly filled 10 the full extent Of their ac-
commodalions. There arc more Southern
merchants here now than there has been
at any time since the war, and lcarn. that
the number is increasing daily. They all
seem to have full supply Of money, and
few arc willing to make large purchases ex-
| cept for cash, yet there is n considerable
amount of sales here this fall on time.
This is particularly true as to the Western
trade. The stocks here arc reported to be
| very large, and the merchants arc exceed.
| ingly anxious to realize on their invest
ments. There are n large number Of new
houses opened this fall, and hear of ma
ny others which will be opened in few
weeks. A large proportion Of these new
establishments aro in the hands Of South
crn men, who have raked together the odds
and ends left them at the close Of the war,
and turned them into cash, with which
they have opened business hore, in tho bopo
OF being able, at no distant day, to restore
the fortunes lost by the conflict OF arms
just ended. Strange TO say, that instead of
the Southern merchants giving thoir entire
patronage to their felIow-Southrons and
sufferers, many Of them give their trade
entirely 10 the merchants whose money and
influence was given freely TO impovsh and
cnslave them. The Southern men in bust
ness here complain very much Mt this
course, and feel that their losses and suf
ferings from the war entilIe them TO the
support Of those for whose welfare their
fortunes were destroyed. Let lie hope that
in future the Southern man who comes
here for goods will, all other things being
equal, give his patronage 10 those who are
OF his blood, and who shared tho trials and
mislortuncs Of the lost cause"
---7-S e---s
NO hEruD1ATloN.- The Memphis ana
'anche, ono OF the soundcst exponcntst Of
Southern sentiment, before and during tile
war, places itselfright upon tho record on
the subject of tho natioasindebt.. Com
menting on recent letter. girom Gen. Blair,
the Ipalanehe says:
"Ihe impression has gone abroad tbotel,e
South is disposed t, rcpudiato the na,ional i.
debt; but thisirnpression ls incorrect, for
the Southern people, while they complain
OF taSatiop without. representation have
never exhibited desire to zee the Govern
ment repudiate:its liabilities. The .isop.!
lost all, and she has not much .toi tag, but
sue y is ": willing t9 contribnte her sl,afe to
/ .ha 8 essineH ishsasnt tsot iolsts sdebt.
I. s.es sssss ss MAT Hhiie ask.
ing fot sFs Nj IS;;tsszs--.;,,..
Poor e and Il Impoverished as wo are, We NAV,
ya1 stspd asba#a. DO Ihag9ssSs pfI iIs
debt; hut with on ecopomical sdministrs-
ton o. the SGovernment--reRenchmsnt
and feforn-the debt eau be 6Jlitssrsatedi ;rI -
tho ratxS.frf AZ Il, " "a,