Piney Woods planter. (Liberty, Mi. [i.e. Miss.]) 1838-1840, 1839-06-29
REVIEW OF THE NEW ORLEANS MARKET.
For the treek ending jane %, 1880.

REVIEW OF THE NEW ORLEANS MARKET
For the treek ending June 20, 1880.
GENERAL REMARKs.-The business Of
our city during the entire year has been
characterized by degree Of extreme
dizziness, formerly unprecedented, and we
would say did not meet with its parallel
even in the difficulties which naturally
succeeded the great CONFUSION in the
commercial world in the spring Of 1887;
and though many mercantile men, and
who were individuals of experience, con-
sidered that our business must at one
time or another revive, from the receipts
of our southern and western produce, 1.-THE
most valuable staples in the world), which
would bring wealth in their train, and
consequently assist our monetary affairs,
yet contrary to their most well-founded
calculations, they find that our city has
presented and continues to present an
anomaly hitherto unknown in this com
mercial hemisphere. During the past
season and up TO the present dates, the
arrivals of those kinds of produce which
have always enriched our city, have been
most abundant, and they have reached
our port, not as in the season of 1888, in
the mere act of transitu for direct ship
ment, but on the contrary for immediate
sale, SO that our business in this respect
had returned to its natural channels-a
course which had in former years raised
New Orleans from being the receptacle of
pirates, to hold the proud position of being
the first commercial city in the world.
Yet Notwithstanding these advantages,
we find the commercial affairs of our city
totally Observation-Disclosures and distruss
reigning in every branch of our trade
merchants of the first and most unim-
peachabe character for honor and res
rectabiIity, crippled in their legitimate
resources; and all from the deranged
state of our money affairs, which arises
from the circumstance of our money in
situations having confined their discounts
to few fayorte headlong spectators,
and Withholding their countenance from
what they style the small merchants of
the place, but who are really the support
of the city. Had they been more equita-
BILE in their accommodations they would
not have been obliged TO Cypress the COM
munity, by curtailment Of their circula-
ton, so as to be in funds to meet the pro-
tested bills oftheir cotton operators; but
on the contrary, our commercial affairs
would have flowed on without any reyul- |
sion, as these small merchants could them
selves have met their engagements, from
there being founded on ebona fde" and
solid basis.
CoTToN. During the past week, we
would say that there has been no market
for this staple-sales would not exceed
$500 bales, and in unimportant lots.
There are very few buyers in our city,
and their ideas differ so widely from those
of the holders, that transactions cannot
take place on an extensive scale. Ship
ments are made extensively on account
Of owners. Our stock ON sale would ave-
rage about $4,000 bales. Our receipts
during the week are 1869, exported TO-,
20S, making reduction of stock of 1889
bales. The years receipts at our vari-
Gus exporting points might average L.
$50, 900 against about 100000 last sea-
son, being decrease, Of about $4,000
bales