Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-09-01

generally places the upland varieties beIo
their real value, and while quotations ar
frequently higher in the markets referre
10. they are for the long staple varieties.
As an evidences of our growing impor
ance as a cotton market the trade b.
! grown from %, 900 bales in 1860 to owe
$4,000 during the past season. and wit
the advantages of further extension {
our railroad facilities our Factors conf
IDENTIFY expect to handle 100, coo to 12O 90
the present season.
The Dry Goods Trade.
| The wholesale dry goods trade of on
| city, controlled now by eight good firms
is perhaps equal in volume to the bushes
done before the war, represented then b,
thirteen firms, nearly all CT whom did
successful business. The extent of th
trade now reaches about three nillioi
dollars, and carried on by safe, promp
and reliable capitalists, all Of whom beeal
| LIES struggle without much means. but b.
prompt attention, untiiing energy, anc
great industry, they have made ours tn,
most successful dry goods market in tn,
South or West, and have gained for them
selves reputation, equal in all respects Il
that enjoyed by any class of bust
| ness men elsewhere. While tht
statistics Of the dry goods trad.
throughout the country show a ninet,
per centum failure, that of our marke
| will not show that one in ten have failed
but that very nearly all have made the
business q remarkable success. Much il
due the character of talent employed in
this department, while some part of theil
he -
tages. Surrounded IS we are by a couu.
try that does lot conine its productive re.
sources to any particular staple, but is
equally adapted to the growth of all that
can inure to the wealth of the planter, we
claim some advantages for our trade, in
asmuch IS the failure of one particular
crop will not disparage the successful
growth of another, while a multiplicity OF
dependents insures to them a safeguard
for credits. Fortunately the war did not
fvest our dry goods men of their means,
while it robbed them of part. Tney
successfully adjusted their liabilities with
which the war found them, ADD went at
once to work for revival of the trade
which they had SO successfully built up,
and with astonishing skill, they
soon recovered for our market
all its former prestige, and to-day, sus-
tanned by those from whom the goods are
imported in Eastern and foreign markets,
We can safely assert that in point of credit
and business advantages, our market is
unexcelled, represented as it is by char
acter of talent remarkable for its success,
and a degree of wealth sufficient to give it
every advantage that any market can offer.
hn nh nf ha 20 hot l.,
healthy and is protected by q we'll regula-
ted system of credits, for which the fcsn-
cial ssgscity of our jobbers are SO highly
reputed From facts that We can gather,
we can safely assert that losses from indis-
criminate credits that so fatally hffiict other
markets does but little injury to ours, as
the per cent. usually set aside for suspended
debt is rarely ever reached. The commer-
cial year has closed leaving our merchants
and the trade in healthy condition.
New ledgers will be opened to-day, and at
the close of the next year, We will be sat-
isfied TO see balaucs sheet equally as IA
vorsble as that which was rendered the
31st day of August, 1871. We may here
add that our market is now we'll stocked,
and indications. point to the fact that our
merchants have prepared themselves to
do an increased business the present sea-
son.
The Grocery Trade.
In reviewing this prominent branch q
trade, we are gratifed to notice a very
marked improvement. No city in the Un-
ion can boast of sounder or more enterpr i
sing men than those who control our gro
Gerry trade, the majority of whom have a
large experience, and are noted for their
superior qualifications in business.
10 our annual review of last year, we
obtained what was regarded as accurate in
formation in regard to the sales of leading
articles, which were put down as follows:
Hhd5 ACKNOWLEDGEMENTS. Is, 600
Bis. refined sugar. u, 90
Bbls. syrup and molasses.. TO- 600
Bags ......... 80. 600
h7Ss 0O,OOO
We have been parti ular to obtain cor
rect information as to the business of the
past year, and give the result of our labors,
the sales being as follows:
Hogsheads of sugar -.,,................ IA 900
Barrels refined 0gar.................. Is 900
Barrels syrups and molssses. ......... I2,C0O
Bags of Coffee. ......-............. 81. Geo
Kegs OF nails. ACKNOWLEDGEMENTS. 10000
This comparison shows a very steady
increase in favor Of the past year in the
way Of staples, and all the articles belong
ing to the grocery trade, we are informed,
has increased in like proportion. From
the most reliable data 10 be obtained the
business in groceries has been upwards of
eight million dollars, which does not in
clude the liquors, -four, salt ETC., sold By
groceIs, and which is no small item in the
trade. The sales Of Ealt alone during the
year has amounted to 600, 900, and If We
add liquors, We could give business Of
S15, coo, 600. 1t must be remembered,
too, that there has been very considera-
bic depreciation in goods during the past
year, and yet, Notwithstanding the reduc-
ton in prices, the business CT the year inst
closed exceeds by far that Of the previous
year. We congratulate OR grocers upon
the Lteady progress made, and hope that
the results at the end Of the twelve-month
to come may be still more acceptable.
The Produce Trade.
The produce trade Of Nashville, always
large, is looking up, and The dealers in the
various articles that properly belong under
this head, have no cause to complain Of
the years work. We hsve no reliable
data of the exact receipts Of the leading
articles Of country produce, and can only
approximate to the business which is car
ried on by the large number of dea eIs
who have been 30 successfully engaged.
We will commence by referring TO the item
of dried fruit, the sales from which reached
upwards of $500, 100. In peanuts, the
sales foot up something Ike $4,000 As
far as we have been able to ascertain the
receipts of feathers for the year will not
fail short of $50, 900 lbs, requiring the sum
of $50, 900 to handle the same. The re-
ceipts of bee5wax were over 90
600 pounds, and in round figures,
We will say, brought $40 coo. The
item of ginseng was 10000 lbs and up
wards, or $4,000. In rags the r,ceips
have, according 10 the best information,
to ] .944, 600 lbs, requiring an *.
penditure in this direction of upwards of
$50, 900. OF eggs, the most reliable esti-
mate We have of the sales opportunities TO
like 10000 barrels, which, at
an average of $40 50 per barrel, amoucts
to $l05, 900 expended alone in this item OF
produce. Not to inoluds green fruit, po-
tatoes, wool and number Of other articles
that properly belong to country produce,
we sum up the trade st $3.50 600. These
articles have found their way to this market
in small quantities for the most part, and
the extent CT the trade goes to show what
anuTnA of TaVauua iS Tn na obtained f,Om