Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-09-24

while. at the same tims, nsw produ .
came freely to market. Even froln
the low average of AS Sd. there was almost an
g1lnterrupted fall until the close Of the year,
when the average quotation was only BIS l0d;
and altnough wheat became a little dearer dur
ing the latter part Of the season, the average
Price Tor lS645 was only 4Os Sd per quarter.
lmportan effect upon prices. but it has not
forced them down TO 80 low point. The f3w-
est official AVERAGE was AS I'D, which is 6s td
above that of 1865. But at the close of 1858
the supplies of old wheat were exhausted, and
the new crop came rapidly into consumption at
an early period. very important fall. howeV-
err. took place, and the satisfactory result is as
certained that English wheat was just EOS per
quarter cheaper than in 1875 That result not
only benefited the customer. but the grower ais
50; for II Is evident that an abundant crop pro-
ducing 3Ss Sd per quarter is far more remuneras
tive than ascanty crop yielding 6Ss Sd per quars
ter With regard to the future. 1t does not appear
probable that any great variation from the prices
now current will take place. The abundant
harvest of last year has been succeeded by
crop which is believed to be under an average,
bat which has been harvested in excellent con-
dltion, and which. taken as a whole. is not un-
satisfactory. We have however. By the latenesS
OF the season, saved a months consumption.
owing to the circumstances that thirteen months
consumption has been thrown on last years
crop. If however, it should be found when the
season is more advanced, and when better
knowledge has been gained respecting the ac-
tual yield, that the eropis deficient 10 quantity;
L1efo are ample supplies reauy 70 come IOrWAEu
from nearly all the leading grain growing eoun-
tries of the world to make up for the deficiency
| here
| during the season, our imports of wheat
have been as much as y, 1885, lZ3 cwt.. against 81.
553725 cwt., being diminution of 6S8. 6O2 cwt.,
| as compared with 1878. Owing to the hrmness
i that prevailed in the trade shortly before the
| close of the season. and to the rapidity WITH
| which Communication can now be elected Titn
| the producing countries, our imports IN july
and August were very large. In August they
were as much as 100000 cwt.. against ,S50 ,OOt
| IN the corresponding month last year. VI hour
there was an import of 3,927,05 cwt., against
| .26O cwt. The exports of wheat were only
150.64l cwt., against 737. SSl cwt. and Of flour,
33,545 cwt.. against 53.5g4cwt"V a g
The New rleans Times says of cotton in thai
market on Monday:
| Our leading staple opened at decline Of ~
from Saturdays rate. and as buyers claimed
| further concessions, which factors were IN
| willing to admit, the Indications. until towards
noon, were unfavorable to even an averag'
business; but, finding that the former would no
go on at the ruling rates, the latter were com
| piled to meet the demand more freely. AMI
for the rest of the day the mogeme1t was on
much more liberal scale. resulting In sales
nearly 100 bales at irregular prices, showing
decline Of &c in midiliDg. and &c in low mid
ding. There was some inquiry for good ordl
nary, VIII ch sold at Z@2714c. The closing quo
/ tatiOns co Upare with Saturday as follows