Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1883-09-01
THE conn erci.l wear which closed

general decr Ase 10 the value Of agri-
cultural prot ustiOns. All classes Of
food for both man and beast exhibit
shrinkage, AZ d has fallen of in many
cases as niue as thirty>three per cent
as compared With year ago, aud in
the leading staple Of this section
prices are fir, n q to 30 per ID cheap.
er than yea ago, yet on the whole,
the year has cen financially prosper
Gus. The col :on crop was tine largest
in history, th food crops Of this seq
ton and the Northwest were Of vast
proportions. 1 I'd the country has been
free from PAM IS Of every kind save two
or three unim ortant furries in the
money market ofthe East;the hide and
leather dealer Of NewEngland and the
provision ira lers of the Northwest
due almost u holly to speculative in.
fuences. TIL financial condition Of
tie entire cou try has been sound and
steady, and he people have been
happy and ini hOurishing state. Here
commercial snd financial traffic has
sailed smoothly throughout the year,
free from all disturbing influences
Failures in bu liness circles have been
few and unii iportant. Our largest
wholesale hOu es report their sales to
interior dealei Of this vicinity at 40
per cent great since the first Of Jan
uary last, thai for a like period the
year before, an | at the same time they
Say their colt ctions are better and
more prompt I ian ever before known.
The city has 6 own steadily, and more
than have q illion dollars worth Of
houses have been built. The people
have been acti Ve and confident, bust
ness enterprise have increased both
10 lumber and in wealth, and the az.
ricultural conn Aunity have harvested
and marketed he most prolific yield
OF the great taple ever produced.
1t is true that be price realized for
this great crop has not been satisfao-
tory, and while many have been seri.
ously pinched poor returns, yet on
the whole, the illers Of the soil are
in an improved condition, better than
they have been or more than twenty
years, with favorable prospects for
growing strong year by year. They
have had less read and meat to buy
than in former essons, and the money
returned for col on has not gone off to
pay for food ess initials. This market
exhibits impor ant Advancement in
the quantity Of otton brought here for
sale andshipmeit. The total receipts
show an increas Of III $40 bales over
the presioys year, and we're the
largest opj re ord except twelve
years acc when 693 bales
arrived in ,xces Of the past year.
The cotton crop Of the South for the
year just clt ,ed was the heaviest on
record. and 1esr te the fact that nricea
ruled lowei thar for 26 years, the total
sum realia 4 fol it exceeds $3.50, 00O,-
900. 0ftn SUI more than s25,OOO,>
600 has bitl d 'tributed among the
planters OF bis icinity through sales
affected in. 40 temph;s market, aud
the percentage o the crop handled by
our mer, haDts has been thirteen
seYentystv) opf hundredths of the
whole, gain Gynr the previous year
Of more thin u or cent. OF the in
crease in r ceiptt Of cotton here 81, 042
bales, or n ore tan half, came from
the State d Ark .nsaw by way of the
the Little RaoE railway, the White,
the srls isaw and the St. Francis
riyet pe4lots. A liberal portion of
inc rem ! der of the increased re-
eoipis arrived also from Arkansaw
~ way Of the Mississippi river
boas dying to points above,
as well as TO the southwark.
and by VI . ferry boat to Mound City,
through which route the heavy yield
of Orttenden county, Ark, reaches
our market. The increase of receipts
from the Eastward by the Memphis.
and Chs tleston and the Louisville and
Nashville combined was but 1877
bales as Compared with the previous
year, wb le the increase from the
South BY the Mississippi and Tennes.
see railroad was 2S,676 bales, and from
the North by the Chesapeake, Ohio
and Sou hwestern railroad was 1927
bales, total increase by the two last
named liles Of AZ 1903 bales. The:sales
Of cottoa here exhibit some changes
of nj teworthy description. The
takiEgs or export amounting TO 49,.
$50 balls during the past year we're
5l25 bal IS in excess Of purchases for
foreign account in the heavy crop
year Of eS0.8l, and Of course are the
largest q record; while purchases for
account Of domestic spinners amount
ing to ~ 400 bales, were 81, 400 more
than tn preceding year, and 1900
more tnan the year before, and at
the same time they were q, 525 bales
less than spinners takings here dur
ing the season of 1880. There are
many 0 her features Of interest con-
nected With our trade, both in cotton
and otl or lines, worthy Of attentive
comparison and the elaborate re.
view Of the years traffic on the inside
Of tod 'y's issue is we'll worthy of the
reater careful perusal.