The daily phoenix. [volume] (Columbia, S.C.) 1865-1878, 1871-09-30
AUGUSTA, GA, Septembo. 2s, 1871. /

without interest to many Of your read.
ere, your correspondent has condensed
the following for your disposal.
The revival OF trade, with the advent
of tho business season, has shortened
tho lengthened visages which our CON-
rhercial men have displayed during the
past almost unparalleled season of bust.
ness depression. New crop cotton. how
ever, comes in slowly, the receipts to
date being little more than e,l. Il to two
thirds of those for tho same period Inst
year. Planters, gen nerally, manifest n
disposition to hold of for better prices
than the ruling quotations., particularly
since the late decline, and only sell to
cancel such obligations ns may not be
postponed, an1 to provide themselves
with the funds necessary to secure extra
lnbor for gathering the crop, etc Ac-
counts from The cotton districts within
range OF Augusta, both in Georgia and
South Carolina, genernliy'indica II fall
ing off i'll the product of one. third to
one-hnlf, rs compared with the crop OF
last year. With this conviction, planters
are strong in the faith Of speedy re-
action in prices, and are pretty generally
determined, where able, to run tilt with
spcculators, by holding on to their cotton
until it has touched the figure Of their
conception Of its worth. AS conse-
quence of this, the general trade of the
city does not exhibit quite its usual ami
nation Mt this season, although little
complaint is indulged.
Augusta, like Columbia, has an i'm
portant canal interest to look after The
subject of it's enlargement. rs means to
stimulate manufacturing enterprises
here, haa been earnestly discussed for
more than two years by successive boards
of the City Council. Under our present
progressive administration, the project
has assumed definite shape A recent
thorough survey has been completed and
estimates Of the probable cost prepared
Under resolution of the City Council.
the citizens will vote on the question
next Wednesday, 4th of October. Ap-
parent as are the advantages to accrue to
tue material prosperity of the city. by
the contamination Of this great work, it
is not without its opponents. although
the Indications are that the City Coun-
Gil will be authorized. by largely pre-
ponderatlng vote, to proceed with the
enterprise. Among tue immediate re.
suits of this further development of the
immense water power here at hand will
be the erection of new (third) mill of
10000 spindles, by the Augusta Factory,
and tho addition of 5000 spindles to ono
of its present mills.
The spirit of improvement in Augusta
does not correspond. in activity, with
that exhibited in Columbia. while there
are. nevertheless, many evidences that
the city is on The eve of "new depar.
tnre" in the line of progress. Among
these evidences may be mentioned the
multiplication Of commercial houses
since the advent of the present season,
the erection Of new and remodeling Of
old buildings for business purposes, the
establishment of new bank, and the
favorable consideration of railroad and
other projects looking to the material
advancement of the city.
The grand event Of the season, to
which our citizens are looking with so
ton. will doubtless be the second an.
MICS and Agricultural Fair Association,
which opens here on the 31st of October.
The grounds, already improved to de-
6ASO ~ oOt4toulCdCo buQ OGhuLY 6SCGuu
to none in the South, ore being put in
the most complete preparation for the
occasion, large force of workmen be-
ing daily employed therein. The ener-
getic officers Of the Association have de-
termined that this ensaing exposition
shall not be ontstripped by my similar
exhibition in the cotton-growing region,
whether AZ regards tha inducements Of
fered exhibitors or the attractions pro-
vided for visitors. A large attendance
is anticipated from adjacent States, and,
indeed, from remote sections The pre-
MUM list of the Association is most Ii
heral, amounting in awards to S15, ,OOO-
81, 600 on field crops-nnd admirably
arranged in oil its details. A feature
worthy Of special reference is the purses
(aggregating 81, 150) offered for the fast
est horses, n contest which elicits uni
versal admiration. Not to be overlooked
are the following liberal special premi-
ums: Il. p. Stovall-five barrels "Pride
Of Augusta" flour, for home. made and
bakers bread; Wilcox, Gibbeg & Co.
$1,000 for best crop of cotton from
PhOnix Guano; Dickson Fertilizer Com
pany-Sl 900 for crops of cotton, corn
and potatoes from homo e-made manure;