New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-04-07
NEW YORK.


mesfic Produce lIarkets-MOre SMALL
POx-Japanese Embassy-Part of Them
sailed from New YOrk-New City Char
ter-Candidates for Mayor.
New YORK, April 6.-Arrived-Colum-
bia. Arrived Out-Cuba.
Even:n :ng-The following is the bank state
ment: Loans increased over 81, $50, 900:
specie decrea:ed over 81 ,5OO, 900; deposits
decreased nearly $2.0OO.000: legal tenders
decreased nearly s5OO0,O00; circulation de-
creased nearly S300,000.
The stringency in the money market con-
tinued TO the close; after bank hours l2
commission was paid. Sterling dull, 9ls a
9A. Gold firm, ll0l4 a HOS. Govern
ments steady. with little business. Ten
nessees irlp. old and new O.. Other South
ern securities dull
The naval stores trade has been COM
pletely unsettled during the past week, but
closed with some signs OF recovery. The pres
eNs anomalous condition of this trade grows
out OF series OF large speculations, begin
nIng last summer, and planned to control the
entire production of 1871. The necessities
Of the foreign market were allurements for
a com bination or ring in naval stores. The
Franco -Prussian war has stopped the pro-
ductiOn IN the forests OF Northern France,
where the bulk of continental supplies has
been secured. and up to the time for the
sap 20 run but little concentrated effort
was known to have been made to resume
operations in this section. Hence, in June
ard July last, foreign capital entered largely
to operate oa the American market.
1t was reported that supplies from Will
mington and Charleston would average
about the same as the previous year, and
upon this assumption an advance in the
price was established about the middle of
July over the corresponding time in 1870 OF
fifteen per cent. a scarcity OF ocean frei ghtS
led to an accumulation OF stock, both here
and at Wilmin ,ton. An effort was made to
relieve the latter port, but the vessel was
wrecked ana tie news ct her loss broke the
marke. and prices were depressed at once
twelve per cent. Since then values in ma
val stores have been unsettled. and the first
significant step IN the dropping OF prices is
noticed this week.
The reason for the excessive fall in rOsin
lies IN the fac. that the stock in yards here
is about l0l go barrels. A late count an
nounced OF Change of ~, 900 barrels did not
include the stock IN one yard OF nearly 80
000 barrels. This IS against %, 900 barrels the
same time IN ISL. The stock of turpentine
now il this city is 81, 900 barrels, against 1909
barrels at the same time in 1871. The market
in this city has been relieved within the
past two days OF about 10000 barrels of rosin
by export orders. and there is a disposition
with the trade to name concessions that
will induce still larger relief on export and
place all stocks and stores below the avera ge
OF previous years.
a fire IN the basement OF the fve-story
iron front building No. 657 Broadway.
caused a damage from fire OF $4,000; Incl
dental damages $4,000 fully insured
New fves ITO; skies of 1881 lI55s; five
twenties Of 1862 1923; 1861 ll2l2; 1865 IS;
new issues lllla: 1867 1925; 1868, ll3; ten
foctes l0S3s. Nirginias. old 80, new So;
Louisianas, old 5S. new "a: Levee skies 6l;
eights 20: Alabama eights 81 tves 5S;
Georgia skies 13 :; sevens sc: North Caro-
linas, Old 36: new 20l2: South Carolinas,
old 81, new %.
The domestic produce markets have been
moderately active in leading staples, and
prices have huctuated considerably at the
Produce Exchange. Breadstutfs have been
IN better demand, and prices are higher in
many cases. Cotton has advanced on
moderately good business, and sales Tor
tie week have reached ~, 100 bales, OF
which ll2, 900 were for future delivery, and
1900 on the spot and to arrive: of the
spot cotton exporters took about 5000 bales,
spinners 300. and spectators 525.
DR.. Lookup Evans, who was sentenced,
some time since to three years in the State
prison for medical malpractice, gave bail in
w
has been accorded him by the Court of APP
peals.
There were nineteen additional cases of
small pox reported yesterday, two of which
were found concealed. There were three
deaths to-day, and thirty-three during the
week.
A verdict was given to Mrs Rosa Kelly
to-day for $1,000, for the loss of her husband
by the explosion Of the steamer Westfeld
last July.
The special sessions court met to-day and
adjourned over until Tuesday, by which
time it is expected that the District Attor-
ney will have determined as to the forma
ton OF the court under the new decision.
Already papers are made out praying for
the release of very large number OF pris-
oners sentenced by the special sessions
court.
Seven members of the japanese embassy
sailed for Europe to-day.
In view OF the passage of the new char
ter for this city. candidates for the mayor
atty are multiplying. Among the names S;!
mentioned are those Of Havemeyer, WICK,
ham, Ben Wood, Senator O.Brlen Oswald
Ottendorffers. ex-Sheritf Kelly, hlchard
Schell and Jackson Schultz.
A ilrv. consisting Of six white and six
coloyed men. in the case of coiored man
against white man, was lhpa neIeu ID Jer-
sey City to-day.
CANADA.