The Morristown gazette. [volume] (Morristown, Tenn.) 1867-1920, 1880-11-03


IL some quarters the prospects Of The
.taittrade-had heoR RleEsd villa Ger.
tain degree 81 Hisgiviag; that misEiv.
hE has lsHg sinos vssishcd. Whusths
Republican press daily pirates II th. d.
aaeaaiaG iuflueuse aFisiag from-tHs un.
certainty Of what IL Ia pleased "a cali
The 'Pshuoalsituation, stocks advance
trade hourishes, real estate i-nroyos
new sntsrPriSea multiply, saS bg,lnss.
men generally look forward IL a ps,I.d
Of great prosperity duriaE w s,rt fsw
yeErS withsut FOR = msmsut consider.
iAg the SSuAcerlaiHty" csnassisd With
the approaching Presidential slsclloa a.
factor 10 the business situatsu.
Fall trade. e. satlined by merehants
and business men themselves, could net
be better thaH IL IT, The great raj aal
water transportation routes are uovisr
merchandise 10 the varisus dislrihaiiug
points u an extsht which ta1ts tLoir
facilities in most iuttHHcss o. thsir IA.
most capacity, Ths trunk llnss repoF,
their Western bqusd busiasss a. frsn
twenty-five 70 forsy per csat. 10 excess
Of thai Of last year At lhit Has. while
on east-bsund they cay ths iuotsass is
at least ten per cent. The csastuise
steamers through ts' New Orleans aud
Galveston have "a much outward freight
as they can handle, etiimating the Ia
crease Al fully zen per cent. ever that .t
last year At this slime. At prsssst lbc
movement this way, a. might be eN-
pected, Is couparaiivcly light, but with
abundant cotton, rice, sugar and tsbac-
I co crops about To be marketed, there
| will soon be no lack ~ freights Likewise
in this directisn. Twelvs million bush
els Of grain we're shipped frsm this pert
| 10 Europe during the month Of ssptem-
Der. To carry this snormeua amsuut
| across the AtlaHtic the services Ia wksIc
OF mart OF fleet sf three hundred vesa
sels we're Required. All indicziioua
| point % a shiPmeut Of ever fifteen mil
lien bushels'of grain from thls port dur.
ing the present meath (OctokeD This
| would DO the heaviest thipmsst ever
made from this port ia one month.
DuriSg the next twelve msHtha tho
} purchasing ability 81 the country -
large promises 10 be exceptionally aus
pic. The grain crop snd tie Ostton
crop may be expected 30 prove large boz
yond all precedent. The large agucul.
tural majority will have ample mcaps
for supplying their wants. They have
. had thrso successive years Of unusual
. prosperity, duriRg the bret two 81 which
their saviBgs were mainly devoted q
paying OF their debts. ID is rcasonabI,
TO suppose tkat the profits u ths thira
will be literally devoted ~ supplyiu,
/ the wants Of their hsmeG The indus
tries are generally actively employed
and the operative population viii have
more 10 spend than In any year since
1873.
Other conditions affecting the ircY
movement OF business aie In hcalthl
state. Credit ~ not ovCr-sHpaAdCd; VI
the contrary large Amount ~ trade ]
being transacted on q cash basis ThI
condition q the money market affords
reasonable promisc Of exemption from
the stringoncy which frequently en-
harnesses fall trade. Some momSutarl
o Interruption may arise from the excite
ment connected with the Presidential
election but as the magnitude Of The pa
tioH's trade Increases, the divcrsisu ~
attention 10 political movements dimiu'
ishcs.