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The Greorgia 'W r eekly Telograph.,
rpTTT? TPTT7PT? APTT I To Hold Cotton or Not?
1/XJLXh XJG;.LiX!ivyiiill l-J.* The Telegraph being intended as axeedium
through which all questions of interest should
MACON, FRIDAY, NOVEMBER 5, 1809.
be fully discussed, we cheerfully grant arequest
made of «a and republish on our outside an ar
ticle from Rusticus, a correspondent of the Eu-
ViHnomnm of Agricultural Life.
•The fcld adage‘is: “ God made the country I fanUNews
and man. made the town,” and according tothis j The 1Rit J a genUecnari of inte m ge nce, anS
time-honored maxim the oonclumoa isinevita- ; m ^ farni8h es much valuable statistical in.
ble, that the manifestations of Divinity are mere formation upotl ^ qneslion of cotton prodnc .
tion, consumption, etc.
magnificent and numerous in the former than in
the latter. ' It eannot be denied that there are
many advantages and attractions inseparable
from cityiife, in the way of social enjoyment,
literary culture and religious association. The
venerable antiquities • of Rome, the artistic
beauties of Yonice and Naples, the British Mu
seum, with' 'its 180,000 rich volumes and its
CO,000 valuable manuscripts, the noble Acade
mies of Science and Art in Baris, and the grand
commerce of--ideas found amid the exciting
scenes oft New York—are all-considerations in
favor of a residence in the great centres -of trade
and intelligence. ' Hence it is not surprising
that the finest types of true moral worth should
be discovered dwelling in the-mklat of tho rush
and-roar of a-concentrated and crowded popula
tion.
But,-on. the-other hand, we hold that the
country furnishes more incentives to virtuous
feeling and- -condcct, and fewer influences to
stimulate theevil-passions of .men. We fed as
sured that a.pjoper induction of facts and par
ticulars would shew that the worst crimes pre
vail to-a mud}, greater extent in largo commer
cial communities than in quiet agricultural dis
tricts. ‘And this -explains part of the intense
anxiety felt by virtuous parents when their sons
nnd-danghters are departing from their retired,
rural homes to take up their abode in the heart
of some-enterprisingiand-brilliant corporation.
How many thousands of our most generous and
gifted yonpgmenwoxdfihavebeensavedfrom the
fearful cnxso of intencparanco and debajtchery,
if they had continued to pursue the toils of til
lage instead of locating themselves at those
points wbors-tbey had free access to the bar
room, billiard-saloon, teSd the bouse of infamy
and death ? Is-it at nil probable that such char
acters «3 Cirxfcmatus,. Washington, Jefferson,
Jackson, Calhoun, and Crawford, would have
shone so-conspicuously in the annals of legisla
tion, letters and-war if they had not shared the
ennobliqg influences connected with the cultiva
tion of tho soil?
When wa walk forth .amiddhe glorious amphi
theatre of earth anfi sky, we not only team the
noblest lessons, of- the. wisdom, goodness and
power of the glorious Creator, but in every de
partment of .agriculture theseHivine perfections
are strikingly visible. Th* peculiar composition
of the soil—tho growth of. the grains and grasses
—the instincts and habits of tho grazing herds,
together with all tho-wcnderfol phenomena con
nected with tho changec of tho seasons, abound
in beautiful and impressive illustrations of su
perior benevolence and Skill. • Thecntelligent and
devoted agriculturist is sot simply -a student of
chemistry, geology, botany, natural philosophy,
and natural history, but.£s also daily.adorning
his mind with some of the most sublime and af
fecting articles of maturkl-religion. Nature, in
all her marvellous mechanism, is a Test and no
ble volume of instruction and- entertainment,
and he who studies at most humbly and patiently
must realize some the purest impulses and
loftiest inspiration* «f which -the human mind is
capable.
Have you ever thought of -the great cmipunt
of faith necessary to e. successful - tiller of the
ground ? He must confide in the stability of
Nature, and-in the sublime and steady-opera
tions of Providence, or else he can have nodieart
to prosecute tho labors of husbandry. He knows
-full well that tL& his effort: to obtain a crop will
prove utterly fruitless wiiioat the sunshine and
showers of Heaven.
The virtue of.patience,-too, finds full exercise
in this honorable and happy calling. The hus
bandman mnet patiently wait for the fruits cl
the earth to develop and matnro and to make
his broad acrec wave with the golden sheaves of
harvest. If he is an impatient man he had bet
ter embark in semo.calling where he can realize
the results of hie Jafccrs in a shorter period.
Is hi not a fact again, that the boundless mu
niiiceoco of Nature -proclaims -eloquently the
divine law of liberality nnd good will to man.— ;
The selfish- and malignant spirit as rebuked per-
petuallyLy tho presenoe of the rich bounties of
the Supremo Benefactor. Wo know of no .pur
suit in lift, which has a more direct tendonoy to
liberalizeithe mind snd-soften the asperities of
temper than the one under consideration.
We claims, too, tkat tke cultivator of the
soil shares -to some extant-tho elevating and re
fining influences of the fine arts. He is per
mitted to behold in Ml and valley, and-field
and forest, the inimitable paintings of -the Di-
.vino Artist, paintings bo delicate and diversified
as to defy the loftiest triumphs .of Titian or tho
splendid cartocnc of Raphael. All Nature is
full qf the poetry of flower and-stream andistar,
whoso entrancing beauties captivate the eye
and inspire the ,8pcl of him whose office it is to
gaze ccntinually f aa its charming scenery.
And then,'finally^ it would require volumes to
-descant on tho “unwritten musfe” of the natural
world.
“There is unwxitton music. The world is
f nil of it I hoax itovery hour that I wake, and
my walking sense is surpassed by my sleeping,
though that is a myrtery. There is no sound of
simple Nature that is not music. It is all God’s
work, and therefore harmony. You may mingle,
sod divide, ged strengthen the passage of its
greet anthem, and it is gtill melody—melody.
The low winds of summer blow over the water
falls said brook?, and bring their voices to your
ear, ns if their „sweetneaa mere linked to your
ear by an accurate finger; and you maygoouti
when tho tempest is up, and hear the strong
trees moaning, as they lean .before it, and the
long grass hissing S3 it sweeps through, and its
own solemn monotony over all—and the dimple
of that same brook, and the waterfall’s unaltered
base shall still reach.yon in the intervals of its
power, as much in harmony as before, and os
much a part of its perfect and perpetual hymn.
There is no action of nature’s caosiz^j that can
bring in discord. -The /loosened rock may fall
into the abyss, and the overblown tree rash
down through tho branches of the wood, and the
thunder peal awfully in tho sky; and. madden
find violent as these changes seem, their tumult
goes up with the sound of wind and waters, and
the exquisite ear of -the musician can detect no
We do not wish it to be understood that we
endorse all that we-publish. Our desire is to
represent all varieties of opinion on such ques
tions, hoping in that way that onr readers may
themselves, make np a sound and -good judg
ment.
As to planters who have been furnished means
■to make their crops, by factors, there is a moral
as well as bnsiness obligation that their factors
should have the benefit of the commissions, etc.,
growing ont of the sale of the same; and more
•than that, they should have full direction of the
sale of the same, that they may not be incon
venienced in meeting their obligations incurred
to help their planting customers.
As to the shipment of cotton to Liverpool,
many persons have always believed it to the in
terest of planters to sell at their nearest market.
As to selling as fast as cotton can-be prepared
for market instead of holding over, there has
-always been a variety of opinions. As to the
real valne of cotton, we incline to the opinion
that Rusticus is right; that it is worth more to
the world than it is bringing at this time; bnt
whether it is in the power of planters to force it
to its real value, is another question, and we
would dislike to give an opinion by which others
-ehonld be guided. For ourselves, wo think the,
present price of cotton remunerative to the
grower, and do not have a doubt, if such prices
continue, as to our planting community being
within a few years tho richest in the Union.
The Rubai. Gabomkian, for November, pub
lished at Charleston, by Walker, Esrans & Cogs
well, a now agricultural magazinq, is oh our
table, abounding in valuable reading matter .for
planters, and numerous wood engravings illus
trating various agricultural implements. Not
only b> the planter is this a ralnable work, but
to every housekeeper it will prove a welcome
find instructive visitor. The contents of the
work before ns are.condensed under seven heads
or departments—agriculture, horticulture and
rural arts, mining and the mechanic arts, edi
torial, literature, hygiene and household econo
my, and business. We find able and weli-writ-
ten articles in each of these departments, and
really,, the publication will interest, more or
lees;'every one who will read it. Terms—£2 a
year, in advance.
sold in
Real Estate Advancing.—Lands
Clinton, Jones county on last Tuesday,' at public
sale at from §12 50 to $19 per acre.
Tax Georgia Medical College begins'the ninth
with twenty seven stodsnt*.
From Louisville.
Louisville, October 3L, 18G9,
Dear Telegraph : The weather in this latitude
-still continues exceedingly cold for this season,
with some present-indications, however, of mod-
■erating. It has -proved to be something of a
harvest for the pork packing establishments, al
though some of the firms have ventured rather
timidly, having the wholsome fear before their
-eyes of a too sudden revulsion of a warm spell,
not at all nnlikely to occur, when we remember
that we are just verging upon that delicious sea
son of the year known as Indian Summer. Al
ready the sun seems to be shining through a
golden mist and that soft and peculiar haze rests
upon the horizontal lino which admonishes ns
of-the dying year. And yet onr brightest days
in this climate are but a mockery of the mild
ness that reigns in your own beautiful region.
We but rarely realice that delicions feeling of
tho “sweet south wind o’er a bank of violets
stealing and giving odor." Ours is rather the
rude blast of Boreas wailing his solemn dirge
through leafless, naked trees, while from the
depths of onr sympathetic heart wells up that
fervent, earnest prayer, “ God help the poor!
For there are hnndrcdsin onr own crowded city
who would be far bettor off in a less populous
and more genial climate; and yet, with a strange
infatuation they still linger among us, eking ont
a precarious existence -to-day and cheered bnt
by a despairing hope for the morrow. Still the
giddy whirl of fashion goes on; still onr places
of amusement are nightly filled with a gay and
thoughtless throng, and tho never ending sound
of revelry is heard, and the flash and glare from
many a gilded mansion streams across tho way
only to iilnme the contrasted horror of some
wretched tenement where lingers the feeble, the
sick and the dying poor. We recognize the no
ble and philanthropic efforts that Louisville has
made and still is making to alleviate tho suffer
ing and destitution of her meritorious poor; but
with onr most strenuous exertions, wo cannot
embrace all, for there are thousands in all large
eities who strive to conceal their real wants
from the heart and hand of benevolence—
prompted, in many cases, by feelings of inate
pride which shrink from the scrutiny of the
world.
Business of the city, in every department, is
in a most thriving condition, and, bnt for the
-greatly inadequate amount of currency in cir
culation, onr trade would assume immense pro
portions. Often in our perambulations through
the -city we contrast the Louisville of to-day
with -the year ’G2. It is a resurrection as mirac
ulous as that which the prophet beheld in his
vision of the valley of dry bones! Thanks to
tho megic of printer’s ink! We do not wish to
be invidious, or to detract in-the least from any
or all tite various enterprises that have contrib
uted to this resurrection of Louisville from her
whilom-Yan Winkle stupor; yet we are con
strained to believe that we are to-day, as a great
end growing city, more largely indebted to the
animus, the earnest and powerful influence cf
.tke Courier-Journal, than from all other causes
combined. * if the late Convention, and the great
demonstration that was made during its sittings,
can he regarded as a success, we owe that suc
cess to the previous appeals, daily and continual
ly -made, through the columns of the Courier-
Jonmal and-from other publications in our
midst—all lending a helping hand to the fsr-
theranoa of the grand enterprise. We like the
soble Spartan energy, exclaiming—
Woll find * way, or make it"
With a thousand natural advantages in our
favor as a-city, we need only the will and the
energy to take “seats in the front part of the
meeting.” We often ‘feel, although a “looker
on in Vienna,” that, “ by St. Paul, the work
goes bravely on!” -We,send yon many greet
ings, and trust, that the great Fair to be held in
Macon on the dCth, will be-eminently a success,
in every sense of the .word, and bring yon all
the present and future ibenefits that could be
bestowed upon your romantic, beautiful and
growing city.
■ AMUSEMENTS.
We now hare three beautiful,theatres in ope
ration with a pros poet of a fourth in the shape
of a gcand opera house. It is needless to say that
these institutions aro all liberally sustained, es
pecially when they are occupied by meritorious
companies. We had the pleasure last week of
hearing tko silvery sweet roice of Signor Brig-
noli in opera; he has still all the old vim and
fire. Miss McCulloch, who assisted him, is a
most charming cantatrioe, as your opera-goers
well know. To-morrow night, at the Louisville
Opera House, Mis. D. P. Bowers, the eminent
actress, commences an engagement,-in -legiti
mate drama. She will be sustained by Mr. J.
O. McCollnm, who is pronounced by the press
to be excellent. At the expiration of the en
gagement of these artists, we are promised, by
Manager Bates, a rapid succession of tho most
brilliant stars in the theatrical firmament. The
very trees near the Theatre are already whis
pering of Forest, of Jefferson, Leffingwell,
Adams, Booth and other magical names. All
hail the standard drama, say we, and down
with -the sensational trash with which we
have long been surfeited and disgusted.
We hope, in our next, , to be enabled to give
yon our impression of tho subject, manner and
style of tho famous John B. Gough, till which
time, adieu. O. L. S.
TO THE PLANTER.
Hold Cotton, or Not T—Price -30 or 20 Cents?
Which do yon Prefer ?
Prom ike Sufaula Ifeics.]
That tho planters can get 30 cents for the
Southern, crop of cotton, if they could and would
only act wisely, is, we think, a proposition ca
pable of demonstration. It is-eqoally clear that
its value, in comparison with other exchangeable
commodities, should demand that price. The
newspapers, and several genflemen, occupying
different standpoints, are discussing this sub
ject, and as it involves 'the interests of the
Southern planters to the amount of §300,000,-
000, with a profit or loss to them of §1,200,000, A” " 1 ?*"
its magnitude suggests the most serious consid- — • P— -
oration.
grand aggregate crop. It is a fixed fact knewn
to all. *
But there is still a greater disturbance to the
value or natural price of «otton, reaching be
yond demand and supply, which I will now no
tice. This power puts it down and keeps it
down until they get it into their possession.
I allude to the “Cotton Manufacturing and
Supply Associations” of tho North, as well *s of
England. With their vast money power, count
ed by hundreds of millions, they combine to
BEAR down, depress and dictate prices. They
have it in their power, and they use that power
in taking cotton at their own prices when plan
ters push it on them, faster than their demand.
We have lately seen how a similar combina-
ranen. , , tion of monev power has astounded the world
We propose to> examine the above questions by their operations, in gold, in New
with a steady and single eye to 2 ruth, dealing
only with such facts and figares as are access
ible to all, and known and acknowledged by all
intelligent business men.
We must bear in mind that there are three
great classes of laborers, who cany on the busi
ness-of the world, whose work it is to feed and
clothe mankind, and to advance its wealth and
civilization.
First Tho agriculturalists. They produce the
raw materials from the earth.
Second. The manufacturers. They convert
the raw materials, by their-capital, skill, and in
dustry, into consumable commodities.
Third. The commercial, or middlemen. They
transport, buy, and sell for profit ’
Now, each of these three classes, are, or ought
to be, the best judges of how they should man
age their respective departments. It is pain
ful, however, to know that the planting class,
unlike -the other two, has never had any organi
zation and concert of action, but have always
ignorantly blundered on, both in the making
and the sale of their .produoo. .
This article is intended to - call their attention
to the natural price or value, as contradistin-
gnished from the market price of their cotton,
which we shall endeavor to show should be 30
cents now, and would be through the season, if
planters had the sagacity of tho other two class
es. The three classes, the agricultural, the
manufacturing, and the commercial have op
posing interests, as to prices-, the -two latter
being interested to get the raw material below
its real value, because that cheapnees adds to
their profits ; whereas the planters interest is to
get the highest natural price.
The marketprica and tho value or natural price
of a commodity are not the same thing, but
often very different. Various disturbing causes
and circumstances make a wide margin between
them. For instance, two -years ago, cotton in
Enfanla was 10 cents, that was the mere tempo
rary market price, and the articles shipped at
that same time to the North, and to Liverpool,
and held, brought its value or natural price—25
to SO cents, clear of all charges and expenses.
Let ns look at this matter, analyze, and under
stand it; for it is high time that we should quit
blundering in the dark to our ruin.
Price—It consists of the amount of exchange
able commodities or money an article will bring.
Its elements are wages and profits, and in some
cases, rent; bnt seldom the latter. As a general
role Hudibras well defines it:
Jzitebson Pavjs.—The telegraph has in
formed us that Mr. Davis has reached his home
in Mississippi, where we understand, it is his
intention to remain among his friends for the
balance of his life. That politicians may not
be misled, the Picayune asserts that Mr. Davis
will not and oannot, under any possible circum
stances, be induced to enter into the politics of
the day, or accept any position in public life.—
As to this he is content to be of the past; as to
works of material usefulness, ha desires to be of
Ota present
“ The worth of anything
Is just as much as it will bring.""
It is snbject, however, to the following im
portant qualifications:
First. The current or market prnceia the price,
for tb j time, whether elevated or depressed, by
disturbing causes.
Second. The real or natural price is quite an
other thing, and is the same as value. It is made
up of the interest on capital, wages and profits,
and must be such as to enable the planters to live
and educate their children, like the other two
classes, and annually to reproduce the same or
similar commodities for sale.
I say the natural price or value of cotton now
is 30c., whereas, from outside pressure and
combinations, hereafter to be exposed, it -is 22,
which I shall endeavor to prove.
Value I Ah, that is a good old English word,
from the old Roman valeo, “ to be worth. 4 " We
are after the “ worth” 30c.—not your market
price 10 or 20c., which will not pay. Webster
defines the value of an article to “ consist in its
utility, power, or capacity of procuring or pro
ducing good." Well, cotton clothes the world.
Therefore, it is of the highest valne, and its
price should rank accordingly. These clear and
settled principles show, as already stated, that
the market price of cotton may be one thing—
bnt not the same nor nowhere approximating to
the same thing as its value or retd price. This
ground work is important to be laid, so as to
have a firm foundation to build on.
Before discussing the value of the present
crop, that is, what is tho real or natural price—
say 30c., I must brash away some cob-web ob
jections to the true policy of the planters—that
of not selling at present prices, but of holding
and controlling their crops.
Hold Cotton.—It has been objected in re
spectable quarters, that this is to store cotton,
refuse to sell, neglect to pay the merchants,
and to derange trade generally. “Hydras,
gorgons, and chimeras dire!” Why, it is al
most impossible to conceivo of so many errors
and so much ignorance of trade and commerce,
as is contained in snch a feeble attempt at ar
gument and advice to planters not to hold but to
sell their cotton at prices below its value. We
will dispose of these errors briefly. To hold cot
ton under the control of the planter, is to keep
it on his plantation, or to storo it as his property
if he owes no debts; but if he owes the mer
chants, then he can ship it, get advances on it,
pay them, and hold it for remunerating prices.
HOLD COTTON, OB NOT?
Is it tho policy of planters not to sell at 20 to
23c., but to ship their cotton to Liverpool, get
advances on it, pay their merchants and hold it
for 30c.?
We think they should hold it, and if the ar
guments and reasons wo shall give have weight,
and are true, they may adopt them, otherwise
net
The best estimates that have been mndeshow
a deficient supply of 1,000,000 of bales, as against
the demand, from all the cotton producing coun
tries of the world. Brazil exports a moderate
supply of tho Sea Island variety; Egypt fur
nishes a like supply of the same grades; for the
Viceroy, overy three years, replenishes his seed
by purchases from Savannah and Charleston of
that long staple black seed variety; Smyrna, the
West Indies, and other countries contribute but
little, except British India. During the late war,
England extended her railroads over one thou
sand miles through her cotton producing pos
sessions in Asia. The imports of cotton from
India to Europe are over 1,500,000 of 300 lb.
bales of very inferior, short staple, trashy cotton.
These India cotton class as low ordinary, with a
few-exceptions, and are not fit for the manufac
turing of staple goods, except as filling, or when
mixed with the American uplands. In no prop
er sense can they come in competition with our
cottops. It is equally true of the Brazil and the
Delta ootton of the Nile. They are superior to
our uplands, but inferior to the Sea Islands, and
they properly go to Franoe and Germany for the
manufacture of laces and muslins. All these
cottons ere giving way to our “uplands,” since
the war. The dense population of Asia, under
all the. stimulus and manipulation of English
ambition, money, and tyranny, are failing year
ly to makegood returns of cotton. They need
all their lands to make rice to feed and keep them
alive. When they ship thousands of bales of
cotton, thousands die from starvation. It is be
lieved, and no.donbt correctly, that the supply
from all quarters of the ootton producing world,
will be smaller this year than the last. With
these facts before us, cotton here is worth—that
is its value is, 30c. i.
The New York and Liverpool men variously
estimated onr present crop at 2,700,000 to 3,-
500,000 bales. This estimate was made in their
own interest They-stillholdontoit. We know it
is utterly erroneous. Yet, with this estimate as
their data, they were paying in September, in
.New York, on the present crop, 35c. and 30c.
here, and would have continued to do so, but
for the ignorance and -want of concert among
the planters, in not holding their cotton.
The long summer drought, the rust, and cater
pillar caused the cotton to-open earlier than ever
before, and-the planters picked, ginned, packed,
and pat it on the market. At the ports 75,000
against 50,00©, by the 15th instant. Ten wagon
loads of apples might supply the demand for tho
Enfanla trade, end bo sold at present prices,
forty cents per dozen; but glut tho market
with seventy-five thousand wagon loads and
they would sell for 40c. per barrel, if that
much. Demand and supply, all things being
fair, are the true regulators of the value, or
natural price.
Mr, Perkins thinks the planters are the
“Bears" in depressing the price of cotton; their
acts, it is true, go to that extent; but they are
more like sheep, pitching pell-mell into tho butch
er’s pen, to have nave their fleec3 appropriated by
wiser men, or to have their throats cut and die.
The early and large reoeipta at the seaports,
and at the inland towns, created the impression.
gambling operations.. _
York city. With the bonus or credit of
000,000, they wielded$500,000,000, and in a few
hours ran gold up to §1 <52.
Grant seeing the disgraoe to his unredeema
ble greenbacks, came to their rescue, and
crashed the gamblers in gold. Wall street re
sembled a battle-field, with its killed and -wound
ed, but not with its dignity nor honors, for no
one heaved a sigh, shed a tear, nor wept in sym-
pathy for the worsted rascnls.
Two years ago, the eotton supply associations
combined to put down the market price of the
Southern cotton crop to 10 cents until they could
buy it up. They succeeded, and rained nearly
all, and broke many wealthy planters. They
held back the money to move the crop, they re
fused to send ont orders to buy above K> cents,
they limited and fixed the prices for onr cotton.
The majority of ignorant men sold out. The
wiser ones shipped and got 25 to 30 cents, its
value. Last year these same classes combined
and limited prices and fixed their orders at 20
cents until January, after which time it went a
bounding up to its value—30 cents, at the South.
And this year they are doing the same thing,
limiting orders from 20 to 23 cents, until they
get the bulk o! tho crop into their own hands.
PLANT! BS, HAVE YOU A BEMEDY ?
I say yon have. I have already mado it dear
to you, if you will only exercise common sense.
Let the negroes and small tanners sell their cot
ton. They will sell and they neither know any
thing or care or give a thought about Liverpool.
These sales will supply the Northern market.
Let every man who makes 20" or 200 bales or
more ship to Liverpool. This will about equally
divide the supply. Yon glut the North, and they
will deplete you. You cannot be worsted by
shipping, bnt may make largely by it.
In Eufaula, Mr. John McNab, Mr. T. J. Per
kins, Messrs. Clark & Hart, and L. F. Johnston
& Co., are all gentlemen of high character and
bnsiness qualifications, with ample facilities,
who will advance liberally to you, and ship and
hold your cotton.
XOUB COTTON IS W0BTH THIRTY CENTS.
To prove to you that tho present market price
of yonr cotton is below its value, let ns compare
it with other staple articles of consumption:
Before the TTnr.
Cotton lOcts. pr. lb.
Salt, §1 to 125 per sack.
Oanaburgs, 10 cts pr yd.
Brogans 81 pr. pair.
Bacon 8 to 9c pr. lb.
Present Prices, 1809.
Cotton. 22 cts. pr. ib
Salt, 83 50 per sack.
Oanaburgs, 27 to30o yd.
Brogans $2 50 pr. pair.
Bacon, 22 to 25c pr. tb.
It will be seen that the present prices of these
leading articles of daily use are two and a half
to three times higher now than they were before
the war. Is it not clear, therefore, that cotton
should sell for two and a half to three times its
prior before the war; that is 25 to 30cts. if we
get its exchangeable value ?
The interest on capital, wages, and profit, con
stitute the natural price, or value of the articles.
The prime cost of growing and patting cotton
on the market is 20 cents, and all over that is
net gain. Add to-this, the free negroes steal
nearly all the corn, goats, sheep and hogs, and
everything not under lock and key, and well
guarded. All this ents ns down to the simple
profits on cotton. And how little is this ? Who
can show profits ? When I look aronnd at the
thousnads of wealthy planters before the war, I
see them like Virgil’s shipwrecked men, all
overboard, nearly all lost, and only a few swim
ming with heads above water, on the vast
waste : • . •
“Apparent rari nantes in gurgito vasto.”
Rcsncus.
Large Sale of Beal Estate Cob R. B. Clayton,
auctioneer, sold the following real estato under the
hammer at the City Hall stops yesterday morning.
Qnite a largo crowd was in attendance and the bid
ding spirited—much more so than has it been be
fore 6inco the war, and this description of proper
ty brought better prices. Tho following sales were
for cash:
785 acres of land lying in tho fourth district
of Bibb County, belonging to the Wiley estate,
with moderate improvements and tho privileges of
a toll gato on the premises, sold to Sanrnel Hun
ter, Esq., for §8,305.
Lot 164, lying in the Rutland district, containing
202% acres, sold to Samuel Hunter, Esq.', for 8710.
One tract of land lying in tho fourth district of
Bibb County, containing 450 acres, sold as the prop
erty of Luther R. Johnson, deceased, was bought
by Mrs. Eliza Johnson, for 85,512.50.
A vacant-lot, 75 by 210 feet, fronting on Madison
Street and running back to Spark’s alley, sold to
Mr. Wm. Singleton for 8725—terms one-half cash,
balance in six months.
Another lot of tho samo sizo sind immediately ad
joining, was sold to.the samo party on tho samo
terms tor 8725.
A vacant lot, 105 .by 170 feet, fronting on Wash-
inton Street was bought.by Mr. W. Winship for 81,-
210.
Another vacant lot of same size and immediately
adjoining, was bought .by tho samo party tor81,005.
Five acres of land near Tatnall Square sold to Dr.
Castlin for 8-550.
Five two room houses iu Collinsville without the
land sold to Mr. W. Singleton for §1,605.
Ten acres of land near Leroy Napier’s residence,
with a two room honso, kitchen, well of water, eta,
sold to Mr. Green Blake for 8775.
Ten acres of land adjoining Hoge’s brickyard,
sold to Dr. Johnson tor §505.
101J^ acres of land on the Macon and Brunswick
Railroad, seven miles from tho city, .aold to Dr.
Johnson for 8305.; ;•
Throe city lots Nos. 3,4 and C, ha square S4, front
ing on Arch street and running through to Oak
street, containing % acre, more or less, with three
small dwelling houses on tho samo, sold to Charles
Traden for 84,000. - - —-'l
Part of lot 137, containing 72 acres, lying in the
Rutland District, and known as the Wade plaoe, sold.
to Mr. W. A. Huff for 87,200.
Tho Napier place, 8 miles from the city in the
Rutland District, containing 202X acres,-sold to Mr. *
W. A: Huff for 81.892 12K. or 88 85 per acre.
The homestead of Travis' Huff, 202>£ aeres, sold
to W. A. Huff for 84,050. The sale of perishable
property on this place will he mado to-day, on the
premises.
Maj. Beal's wood lot, containing 26 acres, sold
to Dr. Collins for §247.
At the samo time and place Col. C. Tharp, Admr.
on the estate of Green Wilder, deceased, sold 400
acres of land in tho Warrior District, 13 miles from
Macon, to Wm. Long for 81,215. The sale of 185
acres of land lying in tho swamp and belonging to
the same estate,,was postponed.
The Sheriff of Bibb oonnty then sold the follow
ing property;
The Mead place, containing 250 acres, with good
improvements, in the Rutland District, sold to Treat
Hines for 81,260.
Dr. Johnson sold his place near Wilkerson, on tho
Houston road, for §400. It was bought in for his
personal benefit. ...
BY TELB&BAPH.
FAIR AT OPELIKA.
Special to the Telegraph!] .
Opelika, Ala., November 3.—The Fair will be -a
great success. Thousands are in attendance. Gen
erals-Buckner and Clanton will be here to-morrow.
McBride & Co., of Atlanta, take the premium for
the best display of sHrer plated ware. The tourna
ment will he largely patronized. J. H. D.'
EHO}# WASHINGTON.
Washtnotok, November 2.—The cancellation of
cancellations -end counterfeit beer stamps is attract
ing the attention of the Revenue Department.
Two wings to the tariff lobby promise to be unu
sually strong this session.
Butterfield, who is still Assistant Treasurer, at
Now York, demanded an investigation-and the-priv-
ilege of resigning. Both are withheld.
It is stated that Morton, Butler, and Bingham
will speak early in the session in favor of the recog
nition of the Cubans.
General Charles K. Gardner is dead—aged eighty-
three years. He was the father.of the Confederate
General Fratk Gardner.
There are 818,000,000 in the staking fund for the
liquidation of the national debt.
J. B. Norman, for twenty-five years-the editor cf
the New Albany (Indiana) paper, died to-day of ap-
poplexy.
The Supreme Court heard tho grape-shot case
from New .Orleans today. The case involves the
question of the constitutionality of Lmooln’s -Pro
visional Courts in the snbjngated portion of the
country. -It is contended that such courts being
invalid, the subsequent action of Congress cannot
give validity to their decrees.
Revenue today over half million.; for October
twelve millions.
There was a Cabinet meeting to-day. Eisb,
Robeson and Cresswell were absent.
Belknap was serenaded this evening. His speech
favors the extension of suffrage. 'He -made -no al
lusion to Texas and Mississippi. He said though
his State’s record was bright as the brightest, her
eighty thousand troops had no feeling of hostility
towards tho South.
Washington, November 3.—Boutwell has em
ployed counsel to protect the interests of tho Gov
ernment in the matter of prize -money claimed by
Farragut’s fleet for tho capture of New Orleans.—
The case involves one million dollars. Tho suit is
pending in the District Court of this District. The
Court grants tho Government thirty days to pre
pare) a defence.
Revenue to-day three quarters of a million,
Ex-Gov. Wells, of Virginia, had an interview with
the President-to-day.
The iron-clad Miantomoniab,'has been ordered
to the West Indian squadron.
The Government receipts of gold at Boston are
short of disbursements; therefore, Boutwell de
clines the selling of gold there.
The delegation appointed by the Lonisvillo Com
mercial Convention, callod upon the President to
day. The Chairman, General Walbridge, spoke ae
follows: “Before adjournment, the late Commer
cial Convention at Louisville deputed a Committee
I have the honor to present, to tke responsible and
delicate duty of expressing to your Excellency sen
timents of gratitude and reciprocation of hearty
good will for the views communicated in your dis
patch for the EueceBS of the great objects for wbieh
tho Convention convened. Originally called to dis
cuss tho exclusive interests of the Southern States,
its theatre of usefulness was subsequently enlarged,
until it embraced tho material prosperity of every
section of the country. Delegates were in attend
ance from Vermont and Texas, Georgia and Minne
sota. Thus national in its character, it was pleased
to receive encouragement at tho hands of the na
tional Executive.
“Its deliberations were confined mainly to the
great questions of finance, taxation, immigration,
internal improvements, transportation, and the neo-
cssary measures by which tho industries and great
national resources of the South could be brought
into harmony with tho now era of prosperity upon
which the Republic has entered. One sentiment
animated the entire Convention, namely: to stand
by the plighted faith of the nation in the full pay
ment of the public securities, as stipulated, and
forgetting all differences of tho past, the desire was
universal that all sectional interests should be ig
nored and citizens of the United States should here
after bo a harmonious nation, one, entire, united
and individable.
“In conclusion, wo desiro to congratulate your Ex
cellency on the success which has thus far markod
your administration. Enongh has transpired to dem
onstrate that before the expiration of your second
term, thepnblio debt may be more than half extin
guished, and American securities commands prem
ium in every part of the globe."
Grant, in reply, said: He was very much grati
fied to receive such a delegation, representing not
only tho great commercial interests of tho nation,
but also tho new condition of affairs. The good
fellowship which ought to unite a common brother
hood and which was bo happily inaugurated and in
vigorated at Lonisvillo, he hoped would extend and
permeate throughout the entire Union, until every
vestige of bitterness or nnkindness should forever
bo eradicated. Ho believed that within a yoar or
two tko South would bo far richer and far more
prosperous than ever she was before; and the peo
ple have it within their own power, by judicious pol
icy and wise acts, to advance their own interests
and than of tho entire country with marvelous rapidi
ty. As to his second term, he could assnre General
Walbridge, he/eltnow very much as he did at West
Point, in his cadet days, when he counted every
month with eagerness to get out of his position.—
He had not sought his present position as every
body knew. :* !.• ■_
Hon. H. W. Hilliard, of Georgia, was glad to have
tho opportunity of saying to the President that he
concurred in the cordial appreciation which all par
ties must give to the sentiments just expressed by
him.
The President laughingly asked Colonel Duncan,
of Kentucky, what the people of his State thought
of the Administration, * n d 'whether there was any
hope of Kentucky ever turning from her present
politics.
Col. Duncan assured him that Kentuckians, with
rare exceptions,' fully appreciated the President’s
honest intentions, to do what he could for the good
of tho country, and that the telegraphic message
so kindly sent by the President to him, for the Con
vention, and the now renewed asratance of kind
feeling towards the people of the States lately suf
fering so, would augment and strengthen the re
spect which they already entertained for the Chief
Magistrate. As to Kentucky, he would say, howev
er, that even tho fifteenth amendment would create
very little difference, as the colored vote would be
divided and go very little towards breaking down the
ninety thousand Democratic majority of .the State.
After an informal and pleasant conversation of
half an hour the delegation withdrew.
Da. Jaitk3 A. Hunter.—This gentleman,from
New Orleans, who lately spent two months in
this city, makes an announcement in this issue
to the people of certain localities in Southwest
ern Georgia. Persons who requifei the services
of a physician in hie special line would do well
to see him. His stay will be limited. He has
had no patients dissatisfied, so far as we have
heard. Wo aro pleased to learn that he has
been very successful iu Albany.
Facts fok the Ladies.—I learned the use
of my "Wheeler & 'Wilson Machine without per
sonal instruction. It has been used nearly twelve
years, without repairs, by myself and seams
tresses, doing my family sewing, estimated at
$300 annually, and bids fair to do as good ser
vice for a lifetime. My needles aro never
broken, bnt really worn - * up- too - short for use.
or formed the pretext tor estiriiatiny that there I The actual value of my machine cannot be esti-
ia a large crop on hand. Whereas everybody at j mated comercially, nor expressed in words,
the South knows that aU the cotton is nearly <d- qq KH0 on l v call properly appreciate it ’ ’
ready gathered, and that there will scarcely be ] , . /, . -
- - ^ — iL 1 attempted family sewing by hand.
who have
/ uaxsmu yut/Miru, amt uiati uicxo Wiu Buaiociv uo J . . « - * *
any in the fields by the 1st of November, from 1 Attempted family sewing by
the reasons already explained. I allude to the New York. Mxq» M. F. Woods.
; ' ' . : ELECTIONS NORTH.
Washington, November 3.—The following are tho
latest election returns:. ",
Now York—Nelson’s majority in the State will not
exceed 10,000. The Senate will be Democratic; the
House slightly Republican.
Latest returns indicate Democratic majority from
7,000 to 10,000. In the Senate the Democrats have
17, and tho Republicans 15; Democratic gun 2. The
Houso is very closo. Tho present estimates show
that the Houso has 66 Republicans, and 62 Demo
crats, with several districts doubtful.
New Jersey—The Republicans gain one member
to the Assembly in Hudson county.
Michigan—The Democrats carried Detroit by six,
hundred.
Wisconsin—Fairchilds’ majority is estimated by
the Republican State Committee at 8000, with the
Legislature about the same as laet yoar.
Minnesota—Austin’s majority is estimated at
tliree or four thousand. - Aow Jlirj t
Tho Committee of the Louisville Convention vis
ited Grant to-day. Details nntranspired.
Kansas—The Democrats carried Leavenworth for
' «. vtofrt if
Massachusetts—The House has 75 Prohibitionists
and 123 Licenseists. t J ( ueif-ioc.-vft
Wheeling, November 3.—Returns from 39 coun
ties show in tbe Lower House the Republicans b*Te
15, Liberal Republicans 9, and Democrats 21. Elev
en comities not yet- heard'from. ,j» -. t: ,• - V !
. Tbenton, N. J., November 3.—The -xesalkof yes
terday’s election is: Senate—Democrats 13; Re
publicans 8. Home—Democrats 33-; Itepobhaaqs
4. 1310 Democrats gain 4 mi joint ballot.
, ... - —A ... ... ...
NEW YORK ELECTION.
New York, November 2.—Reports from fourteen
wards show a Republican gain of four thousand.
The probabilities aro that the Democrats will carry
the State unless they lose in the interior.
The city goes 45,000 majority. Greeley is 7000
ahead of his ticket. Kings county goes 10,000 Dem
ocratic majority. Returns from the interior show
heavy Democratic gains—indicating that the State
has gone Democratic by 10,000 to 20,000. The State
Legislature is probably Republican in both branoheB,
though , the Senate is dose.
A report from a Republican source says the city
goes forty thousand majority. Reports from heavy
Republican counties show a fallingoff of majorities.
The accounts show a comparatively light vote.
- MASSACHUSETTS ELECTION.
Boston, November 2.—The vote is comparatively
small. The vote of Boston is, Claflta, 8,000; Adams
11,000; Chamberlain, workingmen’s candidate, 500.
Claflin’s majority is estimated at 20,000.
Geo. M. Brooks, Republican, is elected from the
seventh district. He succeeds Boutwell.
The complexion of the Legislature is undecided,
but the anti-prohibitionists are processioning with
bands of music.
MAOON COTTON 81^*^ ~~
Stockon band Septal, 1860—‘
Received to-day. 68 • . ^
Received previously "«q o \m
Shipped to-day....; .’..
Shipped previously.
Stock on hand this evening.
FSETGHT ON COTTON from MAOON
Freight, all rail to Savannah.. ; 80 55 p
icon,
DISASTROUS FIRE IN GREENVILLE, AU
Montgomery, November 2.—A destructive fira
occurred to-day in the city of Greenvillo, on the
Montgomery and Mobile Railroad, totally destroying
seventeen bnsiness Ironses. Total loss, moro than
one hundred and fifty thousand dollars. The cause
of the fire was not ascertained.
VIRGINIA STATE FAIR.
Richmond, November 2. — In the State Fair, the
mineral, pomological and cattle department far ex
ceed those of the lost Fair, held nine years ago, and
the other departments are equal to it. The mineral
and ore department is the most remarkable on tbe
ground, and is crowded with specimens of marble,
coal, gold, lead, mica, gypsum, iron, copper, slate
and granite.
Ex-Governor Bigler, of Pennsylvania, is among
the visitors, and Hon. Horace Capron, U. S. Com
missioner of Agriculture, will be here to-morrow.
On Thursday, public offices, schools, and banks in
the city will be closed, and the citizens, generally,
will adjourn to the Fair Ground. Tho attendance
to-day was about six thousand, and the various
railroad trains to-night arrived crowded. •
Richmond, November 8 The great success of,
and interest manifested by, the farmers in State
Fairs, is regarded here as the best sign of tho re
turning prosperity of tho States. There were quite
twenty-five thousand people at the grounds, nearly
all Virginia farmers or citizens of other States. To
morrow is the city people’s day. At noon the blood
ed stock was paraded, and over two hundred pure
blooded homes were in lino—a greater show than
was ever made in Virginia before. Hotspur, a Phila
delphia horse, won the six hundred dollar prize giv
en by the Society, for the fastest trotting. The dis
play of agricultural implements is better than ever
had here. Commissioner Capron, of the Agricultu
ral Bureau arrived today.
FROM NORTH CAROLINA.
Raleigh, N. C., November 2d. — The ne
gro militia excitement is unabated. A company
has been sent to tbe upper part of Wake coun
ty and are creating much disturbance—making
threats and insulting females. A party waited on
the Governor to-day on the subject, but got no sat
isfaction. The militia are all negroes, even the offi
cers. A collision is considered inevitable unless
these troops are withdrawn, for the people are
worried almost past endurance. Reflecting citizens
condemn the whole movement as unnecessary and
unwise.
ELECTIONS.
Mobile, November 2.—The election passed off
without the slightest disorder. The vote was light;
the total city vote was 5,219; Democratic ma
jority is 755. Enough is known from the county pre
cincts to insure the election of Magee, (Democrat,)
by a majority of 1000.
Balthioke, November 2.—Every precinct is Dem
ocratic. The vote is light. Majority in the city
9,000.
Chicago, November 2 Tho election of the citi
zens’ ticket, by a largo majority, is conceded.
Freight, through by rail and steam to
New York *10,-
Freight, through by rail and steam to
Philadelphia.: :
Freight, through by rail and steam "to 35 ” 160 H*
Baltimore.....’ ....
Freight, through by rail and steara to
Boston, via New York— L70? 10 ^
GROCKK1KS AND PROVISION*
Theweeks's operations in this line tank,
heavy at very firm-.pricee, except as to W,?.
whisky. Both these articles are weaker and ^
lower under the downward tendency 0/ prices i-
Western markets. Other articles firm acj .■ a ! C . e
demand at quotations, which we revise as p
BACON—Clear Sides (smoked)....a 0
Clear Rib Sides (smoked)... w/ta*
Shoulders g
Hams (country)..... 23 r
Hams (sugar-cured).....’’ no g 30
POEK-Mess 3« L,5
Prime Mess 33 m *0
Rumps I.......".; moo ® 34W
BULK MEATS—Clear Sides Iff
Clear Rib Sides; 20
Shoulders iniy
COFFEE-Rio ^
Laguayra....... g J *
Java.
DRIED FEUTI\ per pound....^ |
S3
45
BICE per pound......’ouj,? |S
TEA-Black ..,1"
BUTTER-Goshen ” S
Tennessee Yellfcw 4ft ^ 5?
Country ; S f g
CHEESE—Accordtogto quality... 22%<§ g
SUGAR—According to grade...!". 16 it no
MOLASSES—According to grade.. 65 r» : L
FISH—Mackerel, bble, No. 1; 2,3. 15 00 ^24 Cr
*"*“ 2 75 @5 03
Kits.
Codfish per pound ' ~ in a.
SALT—Liverpool per Back-. | o
'Virginia 2 50 ^ ^
WHISKY—Common Rye l 20 @ i «
Bourbon V. 3 50
ALE—Per dozen 3 00 @ 4 m
TOBACCO—Lowgradeaperpound . 50 <a 55
Medium 60 @ m
75 @ so
Bright Vugmia »: 85 @101
Fancy 1 25 Q 153
FLOUR—-Superfine per bbl 8 00 @8 50
Extra.. v.: 9 00 @woo
Family 10 00 @1200
Fancy Family Brands 12 00 @13 (§
GRAIN AND HAY.
CORN—Yellow, Mixed and White.- 1 40 @ 145
MEAL 150 @H)
GBITS @ 175
OATS 90 Q1M
WHEAT—Per bushel. 1 50 @2 3)
SEED RYE @200
SEED BARLEY (305;
FIELD PEAS 200
HAY—Northern 190 @2 00
Tennease Timothy 2 00
HerdsGrass 2 00
Tennessee 2 00
BAGGING, TIES AND TWINE.
BAGGING—Borneo, 2% lbs. per yard!. @31
Kentucky Roil. 2“ “ “ .. 2Sk)30
BALING TWINE, per pound....
IRON TIES—Arrow, per pound.
25
GENERAL NEWS.
Cincinnati, November 2.—Of the 22 votes by the
Board of Education last night, for excluding the
bible from the public schools, 10 were Republicans
and 12 Democrats; nominal religion 3; protestants
10; catholics S; free thinkers 1, and 1 Jew. Of the
15 votes against excluding, 12 were Republicans and
3 were Democrats; nominal religion 13; protes
tants 1; free thinkers 1; j ews 1. . The champion of
tho party for expulsion was Rev. Thomas H. Vick
ers ; left wing, liberal. Champion tor retaining it,
Rev. A. D. Mayo, Unitarian. The resolutions for
bid religious books and staging sacred songs.
Coeinne, Utah, November 2 J. H. Beadle, edi
tor of the Untali Reporter, has been beaten to death.
His alleged pro-poltgamy articles caused the attack.
Nashville, November 3.—Resolutions have been
introduced in the Legislature declaring Cooper’s
election void. A motion to suspend the rules for
its immediate consideration failed—SO to 32. The
motion was referred to the Judiciary Committee.
Poet Jauvis, November 3 Six cars loaded with
cotton and tobacco were burned to-day. Ono man
was roasted. ..... a -
Cincinnati, November 3.—The Superior Court has
issued an injunction against the Board of Educa
tion in excluding tho bible and sacred music from
tho public schools. Tho case will be heard on
Thursday.
FINANCIAL AND COMMERCIAL.
Weekly Review of the Makret.
OFFICE DAILY TELEGRAPH, V
| “ ~ " 9.j
Novekbxb 3—Evening, 1869.
Genebal Remaeks.—The wholesale and jobbing
trade of the city bas been very good all tbe week
closing this evening. Prices have been remarkably
steady and firm for all leading articles in dry goods
and groceries excepting that of bacon, which has
been a little weak all the week, and prices have
declined about a half cont on the week’s operations.
Business generally is still in a most healthy and vig
orous condition, and planters who draw upon mer
chants for snpplies during the summer are now re
sponding promptly as their paper falls due.
Financial.—Money bas been hardening a little
in this market tor the last fortnight, and it may
now be said to bo “tight” at tho banks. It requires
A1 paper and a heavy rate of discount to get accom
modation—say for tbe best 2 per cent, a month.
The stock and bond market is again very quiet
and operations tho last week have been limited
After carefully revising quotations we find nothing
to change:
EXCHANGE ON NEW YOBS.
Baying dis.
Selling par
UNITED STATES CUBBENCX—LOANS.
Per month 13^@2 per cent
GOLD AND BTT.vrrp
Buying rates for Gold.,....,,...... §1 25
Selling....'. 1 81
Buying rates for Silver...... 1 20
Sollling ,..l 28
. KAILEOAD STOCKS AND BONDS.
Central Railroad Stock.118
Central Railroad Bonds...... 100
Macon & Western Railroad Stock .130
Southwestern Railroad Stock 96
Sout Wes tern Railroad Bonds 100
Macon & Brunswick Stock .35
Macon & Brunswick Railroad Endorsed Bonds... 88
Georgia Railroad Stock •• .102
Georgia Railroad Bonds, 100
Muscogee Railroad Bonds 92
Atlantic A Gulf Railroad Stock..... ..37
Augusta A Waynesboro Railroad Stock... 88
South Carolina Railroad Stock 40@45
Cotton States Life Insurance Stock..105
DOMRSTICS.
Macon !5)(@
Domestics—3-4 per yard 12)j
Shutting—7-8 peryard. 13k@ 14
4-4 15 "@ 15-j
Dbuung—Heavy Brown per yard..}....13 @20
Heavy Georgia Stripes 13 @21
Osnabubgs—No. 1,8 oz 22 @22),'
No. 2, 7 oz . 19
Richmond j .19
Milledgeville. No.' 1 ...22
Flint River. No. 1 .....23
Chicago, November L—Flonr, spring extras 48
(36 25. Wheat 91X@91%. Com 65.fG5J£. Bye 11
Barley 88®88J^. Highwines 108. Sugar, Cuba 13, 1 {
@14>$. Mess Pork, old 3100. Lard'lGXt&lGK-
Louisville, November 1.—Cotton, middlings
24)£. Flour, superfine 4 50. Sales of 23 hogsheads
tobacco: lugs 8 00; cutting leaf 14’25. Mesa Perl
31 00. Bacon, shoulders 16>£; sides 20. Lard It
Highwines 1 10.
Baltimobe, November 1.—Flour dull and un
changed. Wheat firm; red 13S@1 43. Com. white
100@110. Oats firm at 58. Rye 110. Mess Pod-
quiet- at 33 00. Bacon quiet; rib sides 17; clear sides
19J£: shoulders 16@16j£: hams 24(225. Lard quiet
at lSgl8J£. Highwines very dull; rectified increis-
ing; 117(2118.
Cincinnati, November 1 Cotton is in moderate
demand; strict middling 25; low middling 24)(; tees
600 bales. Tobacco finn at full, rates. HigUrins
110. Mess Pork 31.00. Now bulk shoulders, lair-
cured 13J£. New lard held at 164g. The stock of
bacon is exhausted. Butter 30(335. Eggs 30@35.
Flour, family 5 50(2-5 75. Whe*t 10S@112. Com,
old 83@S5. Oats 50(355. Rye S8®93.
St. Louis, November 1.—Flour, rail superfine 4 w
(24 70. Wheat dull and 3(25 lower. Com 72'3£
Oats 46@48. Rye 92@93. Highwines 112@112H-
Sugar 18@14?£. Molasses 5Q(a'75. Mess Pork.J*
30 00; new 29 5Q,
Bacon, shoulders
MJf.
I, AT Tty MARKETS BY TELEGRAPH.
* Domestic Markets.
New Yoke. November 2. noon. — Flour heavy
Wheat unchanged. Cora declining. Mess Pork du
at 30 00. Lard dull. Turpentine quiet at 47. P-o®
quiet; good strained 2 22H(22 2 25. Freights drer?-
ing. J
Cotton a shade easier at 26^(2263^.
Stocks unsettled. Money strong at 7. Sterns!-
long 9; short 9^. Gold 27&. 1862s 14^- Tenneeeew
ex-coupons 60new Virginias, ex-coop®*
50; new 52}<- Louisian as, old 65; levees 60)i-
abama 8s 90: 5s 60. Georgia Gs 83; 7s 91&.
Caroltaas. old 47: new 88>£.
New Yoke, November 8, evening—Cotton hetC
lower; sales 2000 balee at 26. ,
Flour strongly favors buyers. Wheat open®
steady but closed a shade lower. Com 1
Mess'Pork lower at 29 25. Lard, kettle lOSlSi-
Wliisky lower at 115@117X- Groceries steMT-
Naval Stores dull.
Governments closed steady; 1862s 15. Soothe*
quiet. v
Savannah, November 3.—Ootton sales 800
receipts 2698; exports 1065; market dull; mktiisS 5
24*.
Augusta, November 8.—Cotton sales 690 6*-*;
receipts 1060; market opened with & fair dea*®
but dosed heavy and irregular; middlings
Charleston, November 3. — Cotton sales
bales; receipts 1131; exporta coastwiae 106; aurK-
lower but more active; middlings 24%.
Wilmington, November 3.—Spirits of Turp®*®*
42%. Rosin tinner; strained 1 55.21 57.V-
Turpentine unchanged. Tar steady at 2 05-
Cotton steady; middlings 24%®24%.
Louisville, November 3.—Mesa Pork 31M. j
con, shoulders 16%; clear side* 20. l*ru
Whisky dull at 110. . 1 ns
Cincinnati, November 3.—Whisky r.omhaak 1
offered; 108 asked. Mess Pork doll: noBUM“J
3100..Lard 16%. Baoon, shoulders jW%»*»**~3!
nothing doing. Com firmer and in good item*" ’
now 68@60.
Mobile, November 3.—Cotton sales 600
receipts 1983; exports 62; market closed dull;
dltags 24%@24%. «.
New Orleans, November 3,—Cotton.sales
bales; receipts 1443; market active but lower,
dlings 24%. „
Com nominal; market bare. Oate fi" 1161 , 8 ^
“ ‘ Bacon scarce and w*
dee 20%. Others unchanged. ^
Gold 27%. Sterling 38%. New York Sight P™
% discount.
Cotton.—Receipts to-day 834 bales; sales 607;
shipped CS7.
Receipts for tho week ending this evening, the
above included,'4811 bales; sales for same time
3238; shipments 3339—showing an increase of re
ceipts for the last week over those of the week be
fore of 566 bales; increase of sales 786 bales.
Receipts for October las 17,466; sales same time
10,695. Receipts for October, ’68,10,835; sales’ for
sometime6087?j4m5( ;
The market during the week ending this evening,
has been rather steadier than it was during the
week before, and buyers have manifested more con
fidence and a better feeling generally. Prices have
ebanged bat vtyy little during the week and we find
Foreign Markets.
London, Novem'ier 3, noon—Consols 93%. I* 0 ® 4-
83 - - - i - ■ . .. ■ . „
Tallow 47s3d. -j
Liykbpool, November 3, noon.—Cotton, upl* 0 *
12%-, Orleans 12%; sales 10,000 bales.
Western Flour 23s6d. Corn 29s6d. .
Later.—Cotton sales estimated at 12,000 •
Liverpool, November 3, evening.—Oott®'> eJ .
lands 12%; Orleans 12%: sales 12,000 bales; lor
port and speculation 3000.
Rosin, common 5e3da6s,
Paris, November 3, noom—Bourse open* q® 6 '
Rentes 71f35c. _
The Georgia Railroad.
The gross earnings of the road for Septe®^’
1868, were.. f.r.
The gross earnings of the road for Sep- . ^
tember, 1869, were — 11 te-
tember, I860, were
Increase in September, 1869, over fiil oO0
same month in
Grass earnings for October* IMS- lArtiM 1
Gross earnings foa: October^ lSbO-v....-^
them precisely theseme febie on. last Wednee^i 11 ^^^
evening—23(323% cents for middling—the be*t Oelfc, ShitaW’rarfeJtlrtWiitBi,-
tnor fm* tho letfer Aonves mrari mil rvffmmiIUw 1 *
ing for tbe latter figures, and ail offered readily ta
ken. We should state that tbs market cloned rkther
quiet if npt dnii this evening MqacM
fiamiti 'i nf.nfii ' "
Gross earnings to* both months, 1869..