Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1880-10-27

n. Y. Telegraph
In some quarters the prospects of a
fall trade had been viewed with a GER
tain degree of misgiving: that misriv-
ing has long since vanished. While
the republican press daily pirates the
depressing influence arising from the
uncertainty of what it pleased to call
the political situation stocks adj
vance, trade Aourishes, real estate
improves, new enterprises multiply,
and business men generally look for
ward TO a period Of great prosperity
within the next few years, without
for a moment considering the ''uncer-
tainty' connected with the approach
ing presidential election as a factor in
the business situation.
Fall trade, as outlined By merchants
and business men themselves. could
not be better than it is. The great
rail and water transportation route,
are moving merchandise to the va,i.
Gus distributing points to an extent
which taxes their facilities, in most
instances, TO their utmost caraeity.
The trunk lines resort their Sestern
bound business as from twepty.fyp
to forty per cent in excess Of that al
last year at this time, While on east
ern bound they say the increase is 4;
least ten per cent. The coastwis,
steamers through to New Orleans and
Galveston have Is much outward
freight as they caA handle. estimating
the increase at July ten per cent. over
that OF lPst year at this tine AT
present the movement this way. as
might be expected, is Comparatively
light, but with abundant cotton. rice,
sugar and tobacco erops about to be
marketeu, there sill soon be no lack
~ Tx wise in this direction.
5Meavg tlii' ION bushels of grain were
9AlptfH tom this port to Europe dur
ins e month of September. TC
ythis enormous amount across the
Atlantic the services in whole or par
of feet Of three hundred vessels weri
required. All Indications point to (
shipment Of over fifteen million bush
els OF grain from this port during The
present month of October. Thi
would be the heaviest shipment eve
made from this port in one month.
During the next twelve months thu
purchasing ability of the country a
large promises to be unexcoptionall,
ample. The grain crop and the cot
ton crop may be expected to prov,
large beyond all precedent. The larg.
agricultural majority will have amplr
means for supplying their wants
They have had three successive year
/, Of Unusual prosperity, during the frs
two Of which their savings were main
ly devoted to paying off their debts
II is reasonable TO suppose that th.
, profits of the third will be LIBERAL
/ devoted to su%pplyiugtbe wants Of thei
I homes. The industries generally ar
actively employed, and the operativ
. population will have more to spon,
, than in any year since 1873.
Other conditions efecting the FIRE,
| movement OF business are in a health
state. Credit is not over'expanded
|, on the contrary, a large amount 0
trade ia being transacted on a casl
! basis. The condition Of the mono.
, market affords a reasonable promise q
: exemption from the stringency whicI
! frequently embarrasses fall trade
5 Some monetary interruption may arts
+ from the excitement connected wit
? the presidential election, but as ia
magnitude Of the nations trade in
oreases, tie diversion Of attention :
r political movements diminishes.