The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1866-12-01

State
| BREADsTUFFS FOR SOUTH CARoLINA.-A
late number of the Darlington (South
Carollna) Southe'ner contains an editorial
giving plan for bringing corn direct from
the West. At this season of the wear. the
proposed method is impracticable, as wa
ter navigation must soon close and the
transportation will necessarily be confined
to railroads. AS usual, in such cases.
the rates of freight will be advanced,
which must advance at proportionate rates
the price Of breadstuffs OF course much
will be said about extortion and fabulous
prices, but this must be regulated by the
demand. There are occasions when corn
SCI III this market at 4 loss of 15 to 20
cents per bushel. Corn sold in this mar
ket on the 3lst of October last at 81 80 per
bushcl. The price in New York and Balti-
more at the same time was from 81 % to
81 30 per bushel. The cost to lay corn in
Charleston is from 25 to 80 cents per bush
ell, according to freight, whether shipped
IN steam or sail vessels, This includes the
cost of the bags. The policy of the plant
er or consumer is to buy at the nearest
the last four weeks in all other markets
about 90 cents per bushcl. BY EcXt spring
when all the avenues are open. the price of
corn will decline. 1t is estimated that the
corn crop in the United States will be one
thousand millions Of bushels The wheat
~. IL,
Will have twelve millions of bushels of
wheat to spare. There are now five hun
dred thousand bushels OF wheat on the
way from San Francisco to New York.
There need not be any apprehension
about the supply 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 business men.
The idea OF eXtortion has exploded, since
the commerce of the world is open to all
OF us. The old saying is, water Will find
its level and so will corn.
The writer remembers when there was
Srea. cry of scarcity of corn in this State.
in the year 1S49. At one time during that
year there were atloat, in this port one
hundred thousand bushels Of corn in YES
sells from various ports of the country and
the same thing will happen again. There
should be no apprehension in regard to the
future supply of jreadstut1s. There are
causes for prices to remain high until
next spring.
The old crop IS now entirely exhausted.
ana the new crop is not yet ready for mar
ket. Navigation Will soon close The pre-
sent stock in the city OF New York is i,isuf-
ticient for the winter supply, and the re-
sources of transportation arc limited
There is also q large demand for Europe
The deficiency IN the wheat crop Will have
to be made up In corn, of which one thou
sand millions of bushels Will be made this
year.
CHARLESTON, November .. 1866.
400 900 bushels corn sold in one dav in
New York at 81 &C.
The Chicago Times says there is great
lack OF transportation facilities to move
the crops, and that nearly the entire grain
crops are still in the hands Of the pro-
duccrs from this cause. This would hardly
have been the case had the freight charges
and prices of grain been more Reasonable
earlier in the season. We quote: "Thv
great West Is now experiencing, anew. tie
wants OF sufficient means of tranSDorta-
non to move the grain crops and transact
the other necessary business of the cuun-
try. From the interior, everywhere, comes
the complaints that the railroads cannot
supply the cars to bring in the grain as
fast as the farmers and interior dealers are
delivering 1t, or desire to deliver it ut the
stations. And in this city shippers oi
grain complain that there are not Il suni-
clent number of vessels to move the grain
forward as fast as it is received, while the
shippers of tlour and miscellaneous pro-
duce complain of inadequate railroad IA
cllltles for the proper accommodation of
their business. The season of navigation
Is rapidly drawing to q close, and winter
Will soon set in with nearly the entire grain
crops still in the hands of the producers,
who have been unable to get it to market
IN consequence of the want of sufficient
means or transportation. The great lines
of railroad leading Eastward are already
crowded to nearly the full extent of their
capacity, and the closing of navigation will
precipitate upon them an avalanche of bu-
slness so utterly beyond their ability to
transact, that it will be an utter imp0ssi-
blhty to get freight through with even a
reasonable degree of rapidity. This state
OF facts IS of almost annual occurrence
and unless something can be done to rem
edy 1t, some new avenues of transportation
opened, or the capacity of existing lines
greatly increased, the rapid development
and progress of the great West must neces-
sarlly receive a sudden check, and speed
lily find limit beyond which it cannot
pass"
CHARLESTON, NASHVILLE AND MEMPHIS
ABOUT hfteen years ago, the city of Char
lesion subscribed largely in money towards
building the Nashville and Chattanooga
and the Memphis and Charleston Rail-
ern trade to our city. The reverse has
been the result. These roads now carry
the trade in an opposite direction, viz to
Louisville, Cincinnati, ST. Louis and New
York, by the first, and to Memphis and
New Orleans and other large cities by the
latter road. This is particularly the case
now, as the present rates OF trcigh on
these roads to our city amount to a pro-
hibition. Pound freight from Cincinnati
Uid Baltimore to Charleston, is at present
ninety cents per one hundred pounds. 4
through bill of lading Is given in Cncinna-
ii, and the freight delivered in good order
on our wharves Taking ninety cents a.,
standard, the freight on one barrel Of flour
from. Cincinnati to Charleston would be
Sl.S0, say for distance Of seventeen hum
raIQ or I.I,.1 1tNf