Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-09-01
Statistics in Regard to the Leading
Articles of Produce.
A Review Of the Prominent Branches
Of Business.

According to custom, we lay before oul
readers this morning a review of the trade
Of Nashville for the past year, and in doing
so, we offer the same apology for de6cien-
cies that we did last year. Until we car
boast Of regularly organized chamber Of
commerce, it will be difficult to give correct
data 10 many particulars. Without the as
sistsnce of this much needed institution we
commenced the work before us, and we hope
is perusal will be of some interest TO those
Who desire TO glance at the commercial ex-
perieDCes of the past. With no disposition
% indulge in what is usually termed i0tro-
ductory remarks, we will enter at once into
our field Of labor, and commence our re-
sumo Of the year with
The Cotton Trade.
The cotton year under review has in the
main been a satisfactory one to the pro-
Queer The area planted in the section
contiguous to Nashville was about twenty
per cent. less than the previous year, and
the receipts here we're about. twenty five
per cent. less, being about the same pro-
portion that the crop was to the one pre-
vious. The prices Jtained, however, were
fully sixty per cent. greater, thus realizing
TO the planter a much larger sum in the
aggregate than for the previous crop.
Planters and country spectators alike
have been learning for the past few seasons;
and they are now fully satisfied that Nash
vile is by far their best market. The
reasons are obvious. Being an old estab-
lished market, with experienced COM
mission merchants and ample capital
TO handle the staple, with facilities for
rapid end cheap transportation to the
i lstern and seabOard cities, and with
plenty Of buyers, both local and foreign,
who by spirited competition keep prices at
all times at parity aud frequently above
the ruling prices at the seaboard. All this,
together with the very moderate charges
made by our factors (about one-half the
charge # other cities) has fully satisfied the
shippers of Middle and West Tennessee,
North Alabama, North Georgia and North
Mississippi hat this is their best market.
With thu further increased facilities south OF
us for getting here, and the prosperous con-
diJiOn of the growing crop, we confidently
expect our receipts this season TO reach over
one hundred thousand bales. Our commits
sion merchants are expecting largely in
creased trade in this line, and have made
preparations to meet il.
by consulting the files of the UNION AND
AMERICAN for the past year, we are ena-
bled 20 review the prices Of the year, aud
the fluctuations from time to time through
out the different months of the year. To
commence this resume, we give the quota
tiops on the LIST of Sept, 1871, as follows:
1hitilO ..-...,............ o5a35
ordinary. .........s lSal3s
Good Ordinary. ,..,.........l5 al53
Low mlQ0llisg. lOalG4
Strict low Middllng. .165
During the month Of September, prices
al anccd steadily until the 18th, when
strict low middling was sold freely at 19c.
After that time prices declined to l6c., when
the market rallied again on the 10Th, and
advanced q half cent. Two DAYS after
wards here was a decline of &c, but the
day following what had been lost was fully
recovered d, and the market closed steady at
the close Of the Month, open at the follow
irg figures on the LIST Of October:
JHt5llOr. ACKNOWLEDGEMENTS. 9a9s
Ordinary. ...s.,............l4 al45
Good Ordinary. ....s.........16 a165
Low Aludllng. ............ .l7alTa
Strict Low Middling. .l7aal8
October opened active, and the market
ahyanced a trife during the first week, but
al lti y III 40 DONoAiC NAObBgs oAN OCNlluOO W
IGsc for the best glades. At the close of
the noah it was lite frmer at a fraction
advance We give quotations Nov. 1, 1871,
as follows:
lnIellDf. .'.'s ''s'.s'''.s J4lU
Ordinary. .......,..s.ss',-'.l HAD
s Good Ordinary. ......... ..l6a
Low Iiddilngs ....s.........-lo S
Strict Low Middling.
The month of November was pretty
steady throughout, the figures at the close
being e higher than the opening quota
lions. tye give prices Dec. /, 1871, to wit:
Inferior. ...........'''''''' odlO
Ordinary. ...............'..' l0Alo
Good Ordinary. .........'...'lO
Low Kidding .............H
Strict Low Middling. .........lI
ThrGughcut December, the Improvement
was steady, prices having appreciated
full cent 1t the close. The prices on the
list day # January 1872 were as follows;
In1ell"r,. l1aiS
Ordinary. .........."..... .'l4aAe
Good Ordinary. ............-IIaali
Low Mildling. ............lS
Strict Low M!ddling ...lS9
Durit the whole of January, the market
was usuyant and sometimes excited.
Pr ,ich opened at 49, advanced to
2ll INCH figure strict low middling
wa . the closing day. The follow