Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1866-11-27

The receipts of wheat at st. Louis from
the close of harvest to the LIST of November
have been three million three hundred
| thousand bushels, against two million five
hundred thousand bushels for the same
period in 1865, showing an excess of 500, 1000
bushels. While our exports of -four and
grain have been comparatively light, the
consumptive demand has been but little
larger than last year. These facts show
that speeuIators have had much more to do
with producing high prices of breadstuffs
than any absolute scarcity.
The cotton question continues to call
forth prolific speculations, and there are
those who still insist that the crop will
yield as much as was predicted months ago,
say from !, 100000 to 100000 bales. The
receipts so far indicate no snch crop as that.
As compared with 1857, when the crop
amounted TO S,l14,000 bales, the receipts to
the middle of the present month show fall
ing off Of over 10000 bales. But there is
nov stimulous to get cotton to market that
did not exist then, and that is the necessity
Of planters to realize and the comparative
" high prices. This has no doubt brought
forward larger proportion of the crop
than is usual at this early period. The
New Orleans Picayune of the 22d inst.
says: -.r.- ..-...---... -.--
Previous to the late elections, reports we're
indUstriOusly circulated in the North that the
cotton crop of this year would reach nearly two
million o. bales. and that the reports OF the over
flow and destruction by the worm were greatly
exaggerated. We have already been advised by
reliaLla authority, that in Alabama, in many
case. planters who expected to make from two
TO three hundred bales, have not made more
than ten or fifteen, and that but few planters
have made more than enough TO pay expenses
We learn that this is generally the case IN Mis-
sissippi and Louisiana We have been informed
that the Pit,Sheld Plantation, in COncOrdia par
ish owned by Mr. Sam. Davis, and which was
leased for Sl50GJ year, containing l,OUO acres,
has made but two hundred and Jhlrty-slX bales
only and that the lessee will lose SlZO00 On the
croD Two plantations on Sicily Island, Eata-
/ houla parish. have made but fOrty-six bales out
/ of FIVE hundred and eighty acres planted in cot
1 ton. when il was expected 70 realize hve hun
dred bales at least, and the owner has suffered a
! lngs Of s22 600. These facts show not only the
SNAIL expectations that may be calculated on,
| but also the general distress that must prevail.
In this connection we give the following
speculations from the circular of NeiIl
Bros. C. Co., Of New York, sent to Europe
bv the steamer Java, dated the Goth inst,
which may possess some interest for both
spectators and producers, as showing the
views of those in the interest Of spectators
in the north Of Europe;
! We proceed to state our estimate of the en-
tire crop, classified as fairly as possible by the
Nc are compelled to classify North and South
! Carolina and Virginia together, as these States
arc now so nterlased by railways that 1t is i'm
Dossible to separate the cotton received from the
one from that grown m another. Much OF the
cotton grown in the southw esterly section OF
North Carolina was, before the war, delivered al
] Charleston Whereas, not only this cotton, but
! a good deal from south Oarohna Is now nndnIl
| its way by railway to Portsmouth, Virginia. We
| estimate the crops of the three states at from
$50 OO to $4,000 bales, or from Il 10 - per cent
of The crop of lS59-6O, which amounted to 6OS,OOI
We also place Georgia and Florida together,
| for the reason that a considerable proportion o
tho FLORIDA receipts by the Apalachicola river
arc from Southwest Georgla. W estimate
the two States as likely to contribute from $780,
600 To g75 600 bales or from 81 to 81 per cent. o
the crop Of lSj9-60. which amounted to 6S9,OO
, bales.
Alabama comes next IN geographical order
The area planted in this State probably bore 1
larger proportion TO former crops than IN elthtl
her eastern or western neighbors, as, except Il
| her more northerly counties, she suffered mncl
less from the war, and she was well proIldeC
with means from the proceeds of the 50l 900 bale
which she had to dispose Of on the termination
fthe war. But this State has suffered, so lar a
il can be aseertaiaed, more than any other, lun
less, perhaps, louisiana from the various ca
| lamities Of the season. We cannot. therefore
reckon upon larger receipts at Mobile than 30.
600 to 1000 bales. or from % to 35 per cent, 0
the crop Of 500. which amounted to $500
! bales. In this is Of course included the cOttoI
received at Mobile by the Warrior and Tombig
erivers and the Mobile and Ohio Railroad
although drawn ron eastern Mis- MISSISSIPPI Y,
Alabama usually tributary to Mobile is beini