The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1842-10-13
New ORLEANS, Oct 2, 1912.
Course of Markets sras-7 heatres-Reli.
gion-Tdrrs.

New ORLEANS, Oct 2, 1912.
Course of Trade Markets sras-7 heatres-Reli-
gioD-Idres
During the week Just ended we have had fine
weather, and some little more activity in business
The receipts of produce have been heavy for so ear
" a period in the season The Ohio is high and in
fact so are most all the tributaries Of the Mississippi
SO much rain having fallen lately. This circumstance
with the large crops and general disposition to rea
lie from them, have caused those early and heavy
receipts 1000 bales of cotton have been sold chief
" for Europe but the market closed In an exceed
ingy depressed and languid state, and at decline
of ic quote ordinary at to &c; midding 6a7
fair Sc. Sales of near 5000 bbls. Flour have been
made chiefly for Mexico and West Indies at 81, %
though some choice lots to Bakers have brought
$35
has been very fine, and st. Louis brands had the
preference in our Market but this season Cincinna-
Ii brands have regained the preference, the Ohio
wheat being very superior. But moderate bust
paIly in Lard, Of which 5000 kegs have been sold al
B to &c Northern goods have experienced a little
better demand, without however any change in
prices. $4,000 have arrived from Mexico. Spe-
Gle would bear Shipment now from New YORK, as
cent. prem; New York, go days, 4 per cent. dis;
Sight, per cent. do, and will probably 60 lower
as soon as any heavy purchases OF Cotton are made
The want of demand fer exchange operates mate.
rally against Cotton.
Ships are arriving in greater numbers than foi
some time past, many of them disabled by the late
gales Our citizens are returning from across the
Lake, and strangers arriving from the North and
West daily. The fever has almost entirely dsaP
peared and soon we shall resume our wanted ac-
tivity and hustle.
You will remember that two weeks since Judge
Cooley OF the City Court gave decision against the
consttutionality Of our municipal wharfage tax
question has been very ably argued by several oil
our most eminent councillors tor three or four days
past before Judge Maurian. The argument was
concluded Yesterday, and his honor will probably
give his decision in the course OF this week. An
Injunction has been obtained by the Attorney Gen.
era against the Citizens Bank TO prevent Its issuing
any more of its notes. Its functions as banking
institution will now cease, though believe she can
not quidate till her loans property mature, which
have yet some 30 or 40 years to run
Our banks are required, by law, to resume pay.
ment on 9th December next, but II Is not expected
that more than four or five will do 1t, among which
/ hear named the Bank of Louisiana, the City and
the Mechanics IL Traders, as most likely to come
up TO the mark These three have generally
managed with ability and prudence, and my own
opinion is favorable TO resumption.
Our beloved Person CIapp has returned and now
breaches with his usual eoquence TO his attached
congregation.
The American theatre is fast approaching COM
pletion, and has been, am told, leased by MIR
Caldwell. fr
No news from Texas since that received pei
Merchant" five or six days ago, which ! SEN
you. The M leaves again for Galveston to-day.
She steamer alabama" resumes her regular
trips between this and Havana on 9Th inst.
LOUISIANA