New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1868-09-01
ANNUAL STATEMENT.
n Z VIE w
OF THE
NEW ORLEANS MARKET
FOR TIE YEAR lS67-6s.
NEw onLEANs, september |. Issa

1 NEW ORLEANS, September l, less.
In accordance with Che custom of this city, pre-
sent our readers with the following review of the
course Of our principal markets for the commercial
| year ending last evening. -#- -s...
An examination OF the details will show that there
has been decrease in the receipts from the
interior, compared with last years. and that we
to be still farther oil from the palmT condition
of trade before the late This, however, we
| trust is only in appearance. The dminuton in our
receipts may be fairly ascribed to circumstances
| which may not recur for many years. Our merchants
have made and still engaged in strenuous efforts
for the recovery of our lost trade Cheap freghts,
reduc charges elevators to transfer grain to ware
house or ship at trifing expense and machinery to
/ dry it when damp renovate it when mouldy,
| while provision for trans shipment to any port,
either trans Atlantic American, by steam or sail
| these and many ther measures bave been adopted
to restore Western trade to its old channels to the
seabcard by the river and through the aid of our
| mere antie classes. o..
More important still, we regard all means for the
promotion of our planting interests the recuperstion
of the cotton and sugar culture, and the impartial
prote otiou of capital aad Labor, especially when de
voted to the cultivation OF the soil Neither the en-
/ ployer nor the employee. neither the capitalist nor
the aborer, should ever forget that their union is
essential their prosperity that each is dependent
upon the other and that production can only result
from heir cordial co operation. Without the strong
arms and willing hearts OF the laborer. the capital
lists we alth would be inactive and useless. Without
the aid of the capitalist the aborer would
be without the means of subsistence, unless, like
the savage Indian from the hunters spoils Capital
is repre- scented not only by money, but by lands gin
nsries sugarhouses, machinery, agricultural nipple
me ats and the animasrequred for the cultivation O.
the crop But none of these would produce an ear of
corn or a stalk of cane, boil CT cotton, without
the aid Of the laberer. And so on the other hand,
the labor could raise little nothing from the soil
however fertile, without the aid of capital. Hence
it is of the greatest moment that the relations be-
tween the two should be satisfactory and cordial,
each being satisfied that his welfare is promoted
by the prosperity of the other, and both willing to
meet on the basis of liberal consideration of each
others interest We have reason to believe, from
the accounts furnished by the press as well as from
private intelligence that under the influence of these
considerations there has been increase of produc
ton throughout the country during the past year,
and we anticipate still favorable results in the
future.
With regard to our trade with the West, however,
we find diminution in the receipts OF flour of 52z5s
bbs se9 SEC against go rs last year, in corn 0a7
6sS sacks, q6722ss against 2T09s2l) in oats u.s. 800
sacks S6O2Il against 57666 in bran fss07 sacks,
39, l95 against 2lsc02) il pork ~ j43 bbs, Q4ei7
against l595leJ in bulk pork 260, $40 lbs, (6SsOlO
against 9is, 800 in bacon and hams % OBS packages
t3147 against 66h2J in lard 2925 tierces (29, 452
against 323li and 1854 kegs 0i against 49, 1881 in
butter 7242 packages nc $50 against 24Oe2 in cheese
9es boxes t3e,669 against $780, Tin candles s76s
boxes, Ce2 769 against H. 5s7J in eggs 1854 bbls,
az 81 against 17,ss5,l in whisky 1899 bbls,
I'll go against S5579 in apples, 1924 bbs, (5lllo
against 33 in bale rope IL 533 coils 1850 against
2 1885, in onions 60 a22 bbs, C570s against % 64, in
potatoes 81 56s bbs d5 ia against 22l 74D, and in
malt liquors. 1909 bbls us S29 against 20 2ss. On the
other hand there has been an increase in wheat of
80 III Sacks 4222 against 5o5l in corn meal of 9l54
bbls 5s7T against is 3D. in beef of 1887 bbls 87Oi
against 7Il7 in Kentucky bagging of 1905 pieces,
6l3 against es4D. and in tobacco of 3SO6 hhds, u.s.
4I3 against IL 1917 The large falling off in potatoes
onions, and apples may be ascribed to the market
being supplied by plantation products. The same
remark applies and some other articles The
decrease in whisky is owing to the demand being
freely met by the product of Southern dstilleries
The receipts of corn include III, 766 bushels
brought down in barges in bulk and transferred to
sea going vessels by elevators board the steamer
which, we trust, is the commencement of a trade
that will assume much larger proportions
COttOn-The year commenced on the first OF last
September with stock on hand OF l5,256 bales,
Dednctng from this amount the lots on shipboard
not cleared or in course of shipment, left a very
apreponderence Of the inferior qualities that bro
kers found great difficulty in executing the few or
tionsteiy high prices for the higher grades middng
commanding 27e low middling 24925c; good ordi
9rsdss beng en- sSac lover sban ne on 's sep
TENDER ], 1855 lhis heavy reduction had been
sons engaged in the trade, and the new crop com
menced coming in under the disadYantSge Of meet.
WITH She business mostly confined to the execution
of few foreign and Northern orders. Prices con
sncy' declining during the thrse first weeks Of the
month about cent q v Elk, and in the fourth week
middng Vas Gsoted at dc assins &c & the COM
meneement, and low middlng Isl 9lse, Against 24@
regular receipts were on August 10, and up ( Sep
tembsr comprised only 70 bales but y was spSosed
the epidemic IN the city and that on Us subsidins
there would be more than the usual increase in he
| the controlling element in the market pressing
ro az bales Whs n tSs sse
public opinion settled $50 0l0 with estimates
aS M N W SSou corre aes s
with the extravagant ideas prevailing at Liverpool
appeared 70 Be sntreiy disrseardad. The accounts
which reached US Ut this port were at the time
looked for not more than two and quarter millions
This reports from oil our tributary districts were
we're Of : similar tenor and it was supposed that
they could hardly be Offset b. the increase snticipa
teo AZ b1ODuo. SAVANNAH anu -LnarleStou.l But
although our factors were inclined to maintain their
previous position firmly ia which they we're aided
By the limited supply; yet It was mpQseblafor them
TO contend against the combined influences that de-
pressed the MARKET the more so, as the orders
that came out from Liverpool were constantly
a. lower limits Prices consequently exhibited con-
siderable irregularty, and at the close of October
thyduotations for low ding showed net decline
during the month Of re, while good ordinary was
rather sitter. With oopious receipts in hovember
factors were compelled 70 meet the demand more
freely, and the ucoounts from both New York and
liverpool being decdsdls diacouraging foreign ex.
change giving way with the downward course of
gold ald there being no little pressure In the money
maske prices gave WY rom 6@lc /. week, until At
atl41k0l5c' adainst 1Se al khs commencemsnti
low middlinf at lb1f0l5Ec, against falsIs}So and
middlinR 1T &c. against 49, showing fot6f reducE
tion for the month Of 2tz@3a n b. This doangard
tendency eoutinued 70 prevail WITH but few ezcep-
i tons throughout December. and Although It was
checked BY every possible effort part OF fsctcrS
to sustain the MARKET pFsdicatinG thsr nratsnsions
"a toe m0dornts supply aud its being mififsss that
they were mistaken the other side with regard to
tbs e4tent Of the crop, yet they we're corflied ID
tNako9pltngr CONCESSIONS OF NC n NJ which Htoueht
dqsa our quotations TO their lowest point NhHh Is
shown IL the following table Of prlces,
1871 Good 0rdlnars. Low Kidding. Middlinn
So! So! 4 aSsSg g ss 3 Sax
s ssPs Il -. n 49,; sa' az g ga 81
66t se ~. u al sss Iissn 81
81 81 & s sas l'ssN ISL az
CT :.an ; $E &c.
Il 4.