The New Orleans crescent. [volume] (New Orleans, La.) 1866-1869, 1868-06-03

as The movement progresses. We noted partcu-
larry your remarks In regard to the charges" on
account of sales rendered ne by Messrs. John K.
Gillist CO.. Of Liverpool, on shipment of wheat
1--WE have written to those parties for detailed
statement of them, also requesting an arrange
ment with them TO dispose OF all shipments they
nay receive through Us on the same footing and
would make difference at the present reduced
rate OF freiehts aud summer insurance, also other
irems and charges Of fully Ale. per bushel, United
states currency, as follows:
Deduct commission 81 p cent I p cent..... 0s q
Deduction q Insurance * e.ns iss . csn,..... oss
ton Of disc ant drnf, ps abe AZ oaaoa Z q a.. a.
ke.n'n Of rs cent IN town dues q Sd y cs-t..... 05
as o
in gold. making Al cents currency sterling l54 at
which rate exchange was selling &C the time of
shipment per John Geddie, the account sales Of
which we have made the b ssis of this calcuation.
That shipment Detted In New Orleans 50 lS per
bushel met proceeds 1000 bushels being 1884 ISIS.
3d.. exchange on London l54l aud adding the
above reduction of charges which We have every
reason TO expect) would maze the handsome net
proceeds Of 81 SO for one busnel wheat, consider
ing 1t TO be same quality as per shipment per
John Geddie. which was not equal 10 quality to
No. spring, and which weighed only 81 ibs. per
measured bushel, thus demonstrating the exact
quality. Laa t- ..4 49,
Before receiving the account sales above
spoken of. we wrote Messrs. John K. Gillist q
Co. for particulars regarding their market, the
answer to which we have received and here with
take pleasure 10 inclosing you q copy, which can
not help being Of considerable Importance to
those interested in the great result. IL demon
strates to our mind, the necessity of early atten-
ton TO the Improvement of every facility that can
be brought to bear by the ports along the Mis.is-
sippi river towards the success OF this through
movement via New Orleans. We note that the
bulk OF Great Brtain's imports have been for the
nosff tam trrrn fhA fkA. -
Europe, which includes the country surrounding
the Black Sea. and the Sea Of Azoff in Russia,
Turkey and its principalities combined, with the
great valley Of the Danube. The quality Of
wheat imported from there known as Gatatz and
Odessa, is somewhat similar TO the spring wheat
grown in the Northwestern States, and
made use OF on account of its strength,
which our spring wheat can success
fully substitute. That country. instead of being
heavy exporter, Is now drawing its supplies for
hume consumption from the Baltic ports and
other portions of Northern Russia. IL Is there fore
evident that the greatest demand will be for our
spring wheats; and as Germany is the only coun-
try that is expected to have surplus for export
which will meet the demand ia part that might
arise for our winter wheats (her grain being Of
that quality, We now earnestly hope that the
great Northwest will not let this opportunity 60
by unheeded, but take advantage of the circum.
stance and control her products from her own
doors TO the seat of CONSUMPTION, as the prospect
now before us is that every bu-hel will be needed
az good prices that will be raised during the pres.
ent year, should the crop be even more abundant
I'VE notice with regret the great lack OF CONT
dence you express in the ability aud intentions Of
the New Orleans merchants TO further the enter
prise. We trust you have not forgotten that the
old and wealthy merchants of this city, 10 whom
the public naturally look for substantial aid In
such movements, have passed through one Of the
mosl exhaustng periods OF commercial existence
that have ever been experienced In this country,
not only caused by losses during the late war, but
also by the extreme failure of the cotton crop
throughout the South. We give you every assu-
rance of their willingness to help, but the money
facilities are not In their power. We therefore
look to your city. which has been and now Is daily
increasing 10 wealth and pr sperity, 10 supply the
nucleus whereby we can take advantage Of our
natural position, and at the same time retarn you
full remuneration for your generous help and
cooperation. tseEl u alaa
"We remain yours, very truly, .asg =
"KEHLER, UPDrKE co.,
We cordially thank Messrs. Kehlor, Updike Il
Co., In the of the shippers Of our great val
ley for suggesting to Me-srs. J. K Gilliat Il Co.,
Of Liverpool, the propriety Of making charges
on grain shipped to them via New Orleans as
light as that which they receive via New York;
and we shall feel still more thankful when IL Is IN
the power of Kehlor, Upkide & Co. TO advise rs
officially" that their suggestion has been agreed
TO. We also feel encouraged by the assurances
of our correspondent in regard to the good will
of the Crescent City people, but shall feel much
more convinced Of their earnestness when they
take the business Of selling the produce sent to
them out OF the hands Of their levee scale owners
and go TO their Exchange and transact their bust
The letter from John K. Gilliat, of Liverpool,
alluded TO above, as as follows:
LrvERrooI, May .. 1868.
"Messrs. KehlOr UpdIke 4 Co, New Orleans, ~
"Dedr Sb-0n the sth ult we sent you ac-
count Of sales of the 1000 bushels Of wheat which
IL ...1 ltrku kC.. k..A .A
ceived with your approval. We have now your
favor of the 18th ut., expressing your satlsfsc-
ton with the sale. and making nqalres respecting
| our corn trades. We trust that the conveniences
for holding and shipping grain. which you are
making, will induce shipments by the way Of
| New Orleans, from your great valley 70 our
| country, which now Is so large dependent upon
the grain OF foreign countries. We shall be most
happy to further your interests and that Of your
friends on this side. and endeavor to furnish any
information you may require and We can collect
| from time TO time. and We will now eadeavor to
reply TO your inquiries as they arise In your letter.
Stock on hand. This Is q difficult question to
answer because We have no official machinery in
the country England and Scotlaud) 70 take the
amount Of grain each season, and we are depend
| ent upon the estimates Of the corn trade. Oar
| stocks are light throughout the country. The
Iass crop was deficient one; aud the old stocks
prior 20 II are said TO have been completely ex-
| hsusted. This exhaustion OF old stocks. aud the
short yield Of the last crop, are said to have made
necessity for the importation OF z, 100 900 quar-
tiers of wheat (wheat and -four together as whest)
in addition to the previous years imports Of
1900, 900 quarters, making altogether a total re-
quirement of imports from foreign countries Of
10 600 900 OF quarters of $50 pounds to the quar-
ter). From the 2lst August, 1866, to 3lst August,
1867, we imported the following quantities from
the several countries named; ~ -. .fros
#" France, 607,l47 qrs.; Russia, 2,734, 480 qrs.
Germany, 1 652.5l6 qrs; Egypt. 93,715 ora; Dem
mark and the Duehies 263 1898 qrs.; Turkey and
Principalites, 405 .706 qrs.; United States Of
America SIS, 400 qrs.; British ports In America
and other countries, lO24 293 qrs., making total
Of 1921, ia quarters. I6 .aorfg. 800,
"Of these countries. France has TO import for
herself. Russia has had short crops. In the south
supplying the Odessa market, batin the provinces
beyond the Azof Sea the crops are said 70 be very
good, but previous high prices had also cleared
the interior Of stocks. Il 10 said there Will be
very great falling of Of supplies from Germsny,
where the new crop was . poor one. Denmark
will send less. Supplies intended for England
have been stopped at Copenhagen. To SPAN and
Portugal we have been sending wheat The Dan
ubian principalities. where they have had very
good crops, and Egyptan Turkey, may send an in.
creased supply bat NOT IL is said, to make up tor
IN aafd hat na-