The south-western. [volume] (Shreveport, La.) 1852-1870, 1869-09-01
The Past Commercial Year.

pied prosperity for Shreveport. The surrounding
country blessed with bountful crops, and cpl
demic visited city. AS general thing our iner
chants thrived, and they now commence yea
under the most favorable auspices. We have no fail
ures Of consequence to note and the credit of the
merchants, both at home and abroad, stands A No
Many new buildings have been erected and large
amount of planters capital invested in city property
| We would remark, PEASANT, that the fall trade
with the jobbers very heavy and the spring trade
rather light owing to The fact that most of the
try merchants purchased their spring and summer
stocks in New Orleans. We hardly think this will &C
cur again as they satisfied they can do as vel
here at any season of the year as they can in New
| Orleans
| The receipts of cotton beyond our expecta
tons. The estimates of most of our merchants were
from sixty seventy thousand bales but the
ishment of all they reached nearly $4,000 bales
| against 1921 bales for the previous year. %
Last year the first bale received on the 18th
August this year the 9th. Up to the lat of Sep
TENDER last year $50 bales of the new crop re
ceived, while this year only bales for the
| spending time showing the season a little behind
though from all accounts the prospects better for
larger crop.
1t is estimated that two thirds of the crop was
sold in this market half of which, at least brought
specie In speaking of prices below our basis is low
middling as classed in this market
SEPTEMBER.
During this month the receipts amounted to 1925
bales. Prices opened at 2436025c but during the
month fell to 1s@l9c and closed at 2o0se4 in cur
rency. Gold opened at l42@144 and closed at 1850
l4o Business was very good for the season Of the
year.
OCTOBER.
Firi7 Il busy uuutii. Before close OF the
first week. cotton had reached 23t024c with brisk
market. The receipts reached SOLO bales. The close
of the month showed falling off in prices-2l G122c.
being the closing rates. Gold l37@1sa.
NOVEMBER.
This was good month for our jobbers The re-
cepts reached IL ,63s bales Prices opened at 81 22
and closed at 20@2lc., about the ruling rates. Gold
opened at l37@lS9 and closed at l95@136
DECEMBER.
This was the heavy month of the year, the receipts
reaching 15,772 bales. During the fore part of the
month business was very brisk with our merchants,
but towards the close it rather dull Prices opened
az Av0DAoIC. anu CloSeu NJ ZotWAiC. uoiu OptEeu
13G@l37 and closed at the same.
JANUARY.
This the second best month of the year, the re-
ceipts reaching ID 14O bales with fair and rising
ket. Merchants sales fell off this month, most of
the proceeds Of the cotton going to the country in
cash. Prices for the first week ranged at &c., but
before the close of the month reached 27@28c. Gold
opened at l36t@l361 and closed at l37@l3S.
g FEBRUARY
There was visible falling off in business this month,
most of the Texas merchants going to the city for
their stocks. The receipts reached s6o5 bales Prices
opened at 276e274 but before the close of the
month fell to 24a@25c. Gold opened at l37@lSS
and closed 1340l35
Business with our merchants fell off so much this
month that fears of dull spring trade were enter
tanned, which in the end proved true. Like last month
all the Texas merchants went to the city for their
stocks Receipts this month 664s bales most of the
proceeds going into the country in the shape of hard
cash. Prices opened at 24@25 and closed at 25@254c
Gold opened at 13o@lS2 and closed at 1s2@ls3
1t was admitted by all the merchants that the dull
times were upon US. Business was dull. The re-
ceipts reached 4s6l bales. Prices opened at 24@25c
and closed 25@254c. Gold opened at 135@l36 and
closed at 133@l34. ra.~
tho rny Of business this month was repetition
of the last for dullness. The receipts amounted
to 1882 bales Prices ranged throughout the month
from 25@26c. Gold from l35@14l.
JUNE, JULY AUGUST.
During these three months there nothing doing
in business of any moment. The receipts reached
1893 bales. Gold ranged from 136@l37, but before
the close of the latter month fell to 1310132 and
closed at l33@l35
MISCELLANEOUS.
Nearly II 900 head of cattle slaughtered at
The packeres below the city. Over $4,000 head of
CATTLE so 900 dry hides and 6OOO wet hides shipped
This does not include the wet hides $4,000 shipped by
stoner & Co.. We have no data from which to esti-
nate the amount of WOOL peltries, tallow, beeswax,
Sc., shipped.
OUR ESTIMATE
To make an estimate at this time is merely guess
york, but as it is customary we have to come down
0 our work. With seasonabe fall, taking into con-
ideraton the Of trade opened to this city
estimate the receipts Of cotton for the coming year
round numbers at 900 bales said bales to aver
ge 400 pounds
MEMpHIs, Ell PAso AND PACIFIC RAILROAD Ev-
rythng that relates to this road is of interest to HIS