New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-09-01

FREIGHTS.-The principal exports Tor
the past year were: For Transatlantic
ports 100000 bales of cotton, against
i.OO0.OO0 last year $4,000 hhds to-
bacco, against $4,000, and a moderate
amount of -four. wheat, corn and lard; for
Cuba, the West Indies, Mexico etc, $4,000
bbls flour. and fair amount of pork, bacon,
lard. beef, tallow and corn and for coast
wise ports $4,000 bales of cotton, against
$4,000 last year: 1000 hhds tobacco, 2O,5O0
hhds and 6000 bbls sugar, against 1900 hhds
and 1900 bbls 81, 500 bbls molasses, against
$4,000: 200 bbls -four, against 5000;
80 bushels of corn, against 100000 bushels;
$1,000 sacks of OATS against 10000; 3o,OOO
bbis beef 5000 bbls pork 1000 casks bacon,
1900 tierces lard, 10000 bbls whisky, 10000
sacks bran. 100000 sacks cotton seed, 25O,OOO
hides, $4,000 bbls oil, $4,000 sacks oil
cake. 900 bales moss, 1000 tlerces tai
low. 1850 bales wool, and various minor
articles. The Increase in nearly all of these
items indicates the greater animation that
has characterized the market. Rates, how
ever, have exhibited some fluctuations, and
considerable losses have been suffered from
guarantees for more money than could be
subsequently realized.
The accessibility of our port at
all seasons. and the facilities of
communication afforded by the tele-
graph, enables ship agents to order
be required to carry produce abroad or
coastwise; and if our receipts of cotton were
doubled. and il grain increased hundred
fold. there would be an ample supply of
vessels 10 transport it wherever ordered.
This does not apply exclusively to transient
vessels. The regular liners in the foreign
and coastwise trade, both sailing and steam
ships, are prepared for any probable offer
ings In fact, the number and tonnage OF
Trans Atlantic steamships in the trade has
been and will be limited only by the extent
of the latter. If the Western people will
uuadruple their present offerings, there will
be four ships put on for every one running
now. The new ships in the service, more
over. are built with an express view to car
rying Western produce, and especially gram,
either in bulk or sacks, and to passing the
bar without detention. Of course such YES
sells require no towboats, and in fact, no
pilot. except in crossing the bar, alter
which they have a wide, deep and safe rum
| free from all distractions, and with no III
| trcate channel.
| The market opened at 9-l6d for Liver
| pool, but soon declined to 12d, at which IL
| was steady until November, when 1t as
sumed an upward tendency, advancing III
| the latter part of that month to 9-l6d,
which was followed by further rise IN De
cember to sd. Toward the close OF Feb
ruary it rose to &d which was the highest
point, and the ruling rate until April, when,
with more ample supply OF tonnage, 1t
| gave way, declining by the middle OF April
| to 9-l6d by the close of that month to 7-lbd,
in Nav to sd, and in June to ll-32d, which
was the lowest point, with the exception of
occasional shipments made at Sled. In July
the market rallied, and the rate was adj
| yanced to 2sd. since which it has been firm
at I'D. In agreement with the above, the
| Havre rates have ranged from lac in
March to 34c in May, and tobacco to Liver
pool from 30s cd in June to 55s in March,
and to Bremen from 30s in June to SOS in
| March.
MONEY MARKET.-In 1869-70 the money
market continued stringent until the latter
part of December, when it was relieved by
the proceeds of the crop, and continued
quiet and easy until the latter part Of
August The demand for discounts then
became more active. This increased il
September, with quite strong run upoI
the banks for currency to remit to the in
terror for the payment of wages and pur
chase by country merchants of crops from
small planters, then means of aecommo
dating their customers diminished, while
the demand for discounts increased. The
consequence was, that no inconsiderablt
amount of good paper was refused, anc
thus forced upon the street, where, will
the increasing urgency of borrowers, rate