New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-09-01
md girs are serving satisfactorily q
and

of our readers to the duty of encouraging
them by purchasing their products, In
preference to Northern fabrics. Their Gus
toners will find that for the same price
they can obtain better article made at
home than abroad, for which satisfactory
reasons can be given in the Southern mills
having better supply of the raw material,
and the climate being peculiarly favorable
tor manufacturing, In fact, when we re-
fleet on the actual advantages of the posi-
ton, New Orleans being on the one hand
the great receiving point for the staple, and
possessing on the other every facility, by
rail and water, for distributing the finished
products of the loom wherever required, we
can not doubt the success of these mills.
We may reasonably go further, and express
the hope that at no distant day cotton
manufactures will be one of the principal
sources of New Orleans prosperity. When
that time comes, the Lane Mills and the
Louisiana Cotton Mills will be referred to
with pride as the pioneers in this important
branch of industry.
In connection with this Third District
factory, we may mention that the Levee
Steam Cotton Press Company has rented
two of its most extensive yards to Mr.. A. L.
Levy, formerly of the Fire Proof Press, who
will to-day September l, open the Natchez
Press, which has the capacity for handling
100, 900 bales, during the incoming season.
'This press has already secured the patron
age of several leading factOrage houses,
and with the Levee Steam Cotton Press,
Szymanski's Press, and the Liverpool ware
houses, will probably restore a good deal of
its former vitality to the old Third. We are
also authorized to say that for the con-
yenience of factors, brokers and pressmen,
Mr.. ID. Flanery, superintendent OF the
Western Union Telegraph, has agreed to
put up a telegraph wire to these cotton
presses, and that an Office has been selected
anu an operator provided, which certainly
indicates commendable enterprise and en-
ergy among all the parties concerned.
Among the recent receipts from the in
terror we notice large amount of produce
from st. Louis via the Iron Mountain, the
Mobile and Ohio and the New Orleans,
Mobile and Texas railroads. By this route
-four has been delivered in the spacious
covered sheds of the latter company, on the
original Iron Mountain cars, without
change on the route, at 75c U Dbl -four,
which, at the time, was the regular steam
boat rate, consequently saving the shipper
insurance premiums, and much more de-
sirable mode of delivery.
The Illinois Central railroad has also
been the medium of large shipments both
to and from this port. The following shows
the up freights, hence to Cairo by boat, and
thence by rail:
thirteen .I0Ousduu llVe uu1uTeu anu Hi, y
one hhds sugar, So bbls do, 1920 bbls mo-
lasses, 1856 bdls hides, 440. bales do, 2722
dry do, $50 bbls OIL. $40 bbls rosin, 1873
bales moss, 1858 bags coffee, 290 bbls
oranges, 1900 boxes do LIS, 126 boxes raisins,
4S9 baskets champagne, 80 hhds cocoa nuts,
273 casks wine, 104 crates erockeryware,
500 bbls coal tar, 46S bars steel, 2l50 plough
moulds, 1000 pigs lead, 3i7 bbls cement, l9l
cedar logs, 200 tons iron girders, 1000 pkgs
merchandise.
This road, it will be observed, branching
at Centralia, connects on the right with Chi
cago and on the left with Duluth, on the
upper Mississippi, running for the whole
distance through one. of the most fertile sec
lions of Illinois. With proper barges from
Cairo, it is not extravagant to hope that the
time may yet arrive when we shall receive
considerable quantities of produce by
this road, which are now marketed
at Chicago. To induce this, however,
we must have barge lines ready to accom-
modate the trade at a material reduction
from present rates. The agents of the Cen
trail railroad give through bills of lading
for cotton or other freight to any Northern
city. The road has taken this year from
Cairo no less than $4,000 bales cotton.
The manufacture of cotton seed oil, oil
cake, etc., is becoming an important branch
of industry in this city. There are now.
in this city, the estimated product of which
since last September is 100000 gallons OF
oil. The consumption of cotton seed is
estimated at As, 900 tons. The quantity of oil
produced by the mills is variously estimated
at 40 $50 per cent of the total production of
the United States. About 1900 bales of cot
ton have been made from the lint saved
from the seed. The average price of good,
sound seed, during the year, has been Sl2.
Nnrr0N-Tba n
stock on hand of 20.6 96 bales against only
no in September, 1862 The new crop was
coming in slowly, the receipts up to August
81, inclusive, being. only 100 bales. The
general impression was that the crop was at
east two weeks behindhand. Planting
had been delayed by inauspicious weather
in April, and cultivation interrupted by
heavy rains in June, but in May everything
was favorable, which was likewise the case,
in July and August. There had been, more
over, a considerable extension OF the area
planted, and consequently at the com
mencement of the year it was conf IDENTIFY
anticipated that our receipts would show
an increase over the previous year, which
had been one of the most propitious on rec
ord. 1t was well understood at the same
time, that the degree of increase would de-
pend on the weather for the rest of the
season, and the usual casualties OF the crop
With immunity from them, it was conf
IDENTIFY assumed that our receipts would be
on e much more liberal scale. There was
consequently fair prospect of coplous sup
plies, and, with considerable uncertainty
with regard to the European war, specula-
ton paused for future developments. The
market consequently exhibited very little
animation. Even the surrender of the French
Emperor and army, news of which was re-
ceived on September 3, failed to have much
influence; prices rising u a lac, but soon re-
ceding to their previous position. The quo
tation on September l, compared with 1869
as follows:
Sept. |, 1869. Sept. l, 1870.
Ordinary. ........,....... u 0Z6 ll20Tzts
Good Ordinary. 80 03Oh HA9l5k
Low Middllng. ........... 30a4 03lh 1iA 017h
Mddling. ................ 3lh032 0l7h
Commencing the year at such low
range compared with the previous year,
ard the probability ofpeace, to be followed
by more active continental demand,
planters and factors anticipated that prices
would at least be maintained, if they did
not materially advance, but as the receipts
became more LIBERAL and most of them
under instructions to sell at the ruling
rates, in order to refund cash advances, the
result, after the improvement noted above
and receding to its previous position, CON
tinued TO tend downward, the demand be-
ing limited, and it being impractieable to
effect sales unless at additional concessions
daily. By the end of the month prices
consequently exhibited a net decline OF "a
6234c in low middling and middllng, ana
81 a | 12c in the lower grades, the following
showing the opening and the closing rates
Sept l. Sept 30.
Ordinary. ............... llha42A u gin iI1tt
Good Ordinary la 9I2A iI23Gisft
Low Middlmg. ........... l6AGflA iittAgiissIr
Middling. ................. - 0p'a ~N'1