New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-07-23
COMMERCIAL

MONDAY EVENING, July D, 1872.
COTTON-The sales to-day embraced rs
bales, and on Saturday, as noted in our
| postscript to that days report, IS bales
To-day strict goOd ordinary sold at 20l8c,
which is SEC under our outside figures on
Wednesday, since which there have been
no quotations, and low middIing at 20l2c,
showing a falling off since Wednesday of
24c. The only sale of low middling, how
ever, was too trihing a lot to serve as a
basis for quotations. An order for this
grade could hardly be filled under Ole. This
would show a decline since Wednesday of
only "a q 3sc placing good ordinary at l97Bc;
strict do at 20lsc; low middling at 2Oa4 a
Gle, and strict do at 2ll4c. We regard the
market, however, as presenting no basis
for regular quotations.
The bale of new crop, which we noticed
in our last report as having been received
from Mr. L. j. Hynes, Of Brownsville,
Texas, where it was ready for shipment on
the third instant, and is undoubtedly emit
tied to the credit of being the first bale of
the crop of 1872, was sold at auction today
by Messrs. Nash q HOdgsOn, and bought
by Messrs. BignOn & Vienne, cotton bro
kers, for Mr., w. G. Simmons, at 25Ac. The
same buyer bought, through the same bro
ker5, the first bale last year, for which he
paid &c.
The Exchange reports transactions too
insignificant to establish quotations." which
it Omits
In our last report we noted the receipt of
2 bales of the new crop from Esperange
plantation, on the Ouachita river, which
prove to be old. The bales were marked
before shipment "W. E., new cotton" and
so entered in the manifest and reported ac-
GOrdingly by the marine reporter, but the
cOnsignees disClaim having any information
from the owner Of its being new, or of be-
iOO q yTror of bOvy If W. q on bn
manifest or on their bill of lading. It was
undoubtedly marked "new cotton before
it was received on board the boat, of course
when sampled here it was at once
discovered to be old crop, of which an
official certificate was posted on the bull
letin board of the cotton exchange The
mischief must have been done by some one
at the shipping landing, or on the planta-
ton, without the knowledge of the planter.
Such Representations are calculated to
have very injurious effect, and can not be
too strongly reprehended The supposed
fact of two bales of the new crop having
been received at New Orleans from the
Ouachita river has probably been urged to-
day at the Board Of Brokers in Liverpool
as evidence of the fOrwardness of the crop,
when, in fact, there has been no picking vet
on that river, and if every opened boil was
picked from every plantation on its banks
there would hardly be enough to make
merchantabIe bale.
The amount on shipboard not cleared.
going on board and engaged for shipment
was set down this morning at 1000 bales for
Havre, which, deducted from the stock then
on hand by our running statement, leaves
$500 bales to represent the quantity in
presses and pickeries, unsOld and awaiting
orders.
COTTON STATEMENT.
Bales
Stock on hand September l. l87l.......... 25323
Arrived since last statement. 202
Arrived previously ..............l,O $50 3Ol
Add allowed fOFsamples, wrecked
cotton, etc'''.''.''..'..'.''..' li,s55-I,O604i2
Total ,.............................. I,O8O, 765
EeaIed nTsIiS1si oan nan ,ao
Stock on hand and on shipboard not cleared 1926
Stock same date last year. 42,7Il
Receipts proper since Saturday evening
202 bales, against 2I9 Oh last Sunday and |
Monday and S9l last year, making an agre-
gate since Friday evening of 26l bales. |
against 900 last week and 1928 last year,
and since September l of 952,9 bales, |
against ], 427 500 last year-decrease 474,-
49,
The Exchange kilograms make the re- |
,eipts at all the ports since - NJ. on
to II NJ. to-day 9l2 bales, against |
i'll last week and 1884 last wear. and |
III last week and 1870 last year. To- |
al since September l 2,668313 bales,
-gainst 3,9l4, 1872 last year-decrease !, 226-
70. Exports on Friday and Saturday to |
treat Britain 1850 bales, against I47 last
week, and to the continent none, against
3l8 last week. Stocks at all the delivery
'Orts, made up to - NJ, 1904 bales,
gainst 1873, PSI last week.
SUGAR-The receipts from plantation this
lorning comprised 81 hhds There is not
luch demand to-day, but the market is firm
nd prices are unchanged. About 125 hhds
7ere sold, in the sheds and on the landing,
aiken by dealers, of which about one half
n private terms and the balance at go d
sc for common centrifugal and 1898 for
trictly good fair. Demarara is retailing
! the sheds at l0a4 ole = Is. City refined |
lgar Is jObbing at liz 0ll15c for yellow
lau1ed white, l2A 0I2lsc; crushed and
oWdered, l30l3Ac; cut loaf, 140l4Ac y
IMoLAssEs-Only Dbl thin received and
9lu from plantation, at l5c T. gallon. CITY
emery Is JObbing at 3Oc for inferior. 4Oc for
lmimon, Que for fair, 55c for prime, 6Oc for
lolce' and 8Oc0sl y gallon for golden
FLoUR-We are still without anv i'm. {
'oYemeRt to note. The market continues {