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

The receipts and exports in the above
table may be regarded as correct, but the
sales present only portion of the business,
large part of the receipts being disposed
of in lots too small to be reported. The ex-
ports embrace l4,208 bbls to Great Britain,
5476 to France, 102, 231 to Cuba, 39, 5SS to
other foreign ports, mostly Mexican, Al67
to New York to Boston, 9 to other Northern
Atlantic ports, and 35l ,544 to other United
States ports, mostly gulf. These figures
clearly suggest almost the entire transfer
of the transit trade to the North from the
river to the interior transportation lines.
If we add to the stock on hand at the
commencement of the year 30,2O0 bbls),
the receipts q ,54l, 2sl bbls), we have a sup
ply of I,57l ,2Sl bbls. Deducting from this
the stock left on hand 100000 bbls), and the
exports (5l3S97 bbls) leaves 9l7 1874 bbls for
home consumption, and the supply OF the
plantation demand not included in the clear
ances. This gives a weekly average OF II $40
bbls, against 2O,S45 bbls last year, II $50 in
1862, ii ,007 in lS67-S, and 1903 in 1867.
The entire amount distributed at this port is
1,i3i, 2Sl bills, of which 1,407 .12l bbls have
been taken for Southern distribution, includ-
ing city consumption and shipments to Ha-
vana and other gulf ports, and of the re-
naming 24l60 bbls, 1854 have been taken
for foreign and only 4476 for Northern Allan
tic ports.
Last year the entire amount distributed
was | ,65l M bbls, of which l,52S, l39 were
taken for Southern distribution, as above,
and of the remaining l23, 1873 bbls, 1921
bbls were taken for foreign, and 24,9l7 for
Northern Atlantic ports.
WHEAr.-The receipts of wheat are only
1912 bushels. Last year they embraced
446,659 bushels, against 100000 in the pre-
ceding year. Strong inducements, never
theless, have been offered to attract the
trade. The elevator has been ready TO re-
ceive and handle it, if necessary, at West
ern rates; if in condition for immediate
shipment, sea-going vessels have been pre-
pared to receive it on board directly from
the barges, thus avoiding drayage and tire
insurance; and steamships, with express
provision for carrying grain, either in bulk
or sacks, have offered to take it very much
less than the parity of cotton. If for sale in
this port, buyers for export have been ready
to take it on arrival at very tull prices COM
pared with foreign markets. Every thing
has been ready at this end to expedite the
movement at minimum transit charge. And
vet, in the face of the bad order in which it
was often delivered in New York and an ex-
traordinary shrinkage in weight, from care
less handling or more Objectionable causes,
the entire Western supplies, over the de-
mand from its Touring mills, has taken the
inland route. In 1906 eur receipts were
over two million of bushels, and for the
v a
one and three-quarters of a million. Not
only has every facility been offered here Tor
the receipt, transhipment or sale OF what
ever amount might be sent forward, but the
merchants most Interested in the movement
are Western men who have come here since
the war and possess the confidence and
friendship of their Western connections.
Occasionally, it is true, they would come
forward asking offers for future delivery,
but such contracts are so uncertain and I'M
satisfactory to the regular trade that buyers
for shipment were unwilling to respond at
the prices they would have promptly given
for the article at the wharf.
CORS.-The movement of corn presents
more cheerful aspect. Notwithstanding
diminished plantation demand caused by
planters raising, not enough for their con-
sumption. at least considerable more than
thew did last year, the receipts show some
increase, amounting to l,652,973 sacks bulk
reduced TO sacks), against l,42o,2Oi Last
and 1858 the year before. The surplus
over the demand for consumption has been
taken for Cuba, Mexico, Great Britain and
Southern coastwise ports, with a limited
amount for New York.
1t NAV be observed that prices
have shown fair degree of steadi-
ness. and ruled much lower than last
wear, the highest point being 95c for
both white and yellow, against 81 A. al 50
for white last year, and 81. 20 a % the
wear before, and the lowest zoe for white
and Csc for mixed, against minimum OF 9ec
last year and zoe the year before. The high
est point, it will be further observed, was at
the commencement of the year, and may be
regarded as the last ebb of the previous
food, and the lowest toward the close.
This cheapening of price may, to some ex-
tent, be ascribed to abundant crops and
lower markets elsewhere, but has also re-
suited from diminished plantation demand
and the want of competition among the bay
ers 1t may be laid down as fair PROPOSE
ton that if planters depend entirely upon
the Western product, they will be compelled
to pay as extreme rates as can be eIacted,
the course of other markets being considered,
but if they raise half enough for their own
consumption, their diminished demand Will
have a powerful influence in depressing
prices not only in this market but in others.
The New York Commercial and Ft7ldfcidt
Chgonicler, a iudicious, non-partisan com
mercial weekly periodical, after deprecatlng
the visionary idea that Southern planters
were attempting to raise corn for export, In
rash competition with the rest, advised
them to confne their culture Of 1t to enough
for the supply OF their own CON
sumption If they do half as much
.they NAV expect to obtain the other
nnofgtv at reasonable prices.
The following gives the monthly receipts,
sales and exports barrels and bulk reduced
to sacks. so,o,
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