New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-08-31

To.a..................-s c37.cl I.g8,7-Z
Our heaviest imports were in 1867 when
| they amounted to 444SS9 bags, against
| 1oi, +23 at all other ports, including New
/ York and Baltimore. In the ten wears from
| iSJO-3i to IH53-60, inclusive, tine total. i'm
| ports from Brazil into the United States
| were q, t-4 00S bags, of which 3, 993 S9l were
! at New Orleans, leaving CG30. I27 for all
other ports TO have done our former pro
! portion OF the trade. the imports at this
! port for the last coffee year should have
! been, in round numbers, $4,000 bags, or
! 10000 IN excess Of the actual amount We
! confidently anticipate much larger proper
! tomato imports at this port for the current
| year, but appTehend that some time will
elapse before the trade Will reach its for
! mer ratio 10 all other ports. 1T NAV strike
some Of our Western friends with surprise
that while our imports from Brazil have
been Of such magnitude as they were under
their diminished volume for the past wear.
We have sent in -four, in return. only 4jiG
hhls Deals and other articles have been
exported hence to Rio JaneirO but the -four
shipments have been confined to the above.
western -four, as a general thing, is not
suited 10 the brazilian markets, in which
Southern -four, ground from Southern
wheat has always had the preference The.
Maryland and Virginia mills have done the
bulk of the business. and the course of
q ttAE oA9 'tt4A ibl AJEA liIiUtt GllpktF DElgS
and bark5 70 % out with cargOes of South
eTn -four, take in return cargOcs Of coffee
tor New Orleans and complete the triangu-
laton b, cotton froights to the North. As
a genera rule the supply is proportional to
the demand, but there has been 10 time
since the war when our imports might not
have been largely increased and vet found
ready market here Ii we expect to re
store tho trade to its former Dalmv condi-
tlon we must increase our imports which
may be stimulated by capital and enter
prise, encouraged by iUdiciOus reduction in
port charges. Not only may we expect
steady increase in southern consumution,
nom thc augmented amount taken by negro
lah0"els, bat d more extensive demand Tor
the Southwest and the West, promoted Nv
a rapidly increasing population and greater
facilities 81 transportation. IN comment
ing on tile falling OF il our trade
Mcsars. Marks s. Co. say.
81 hts unlocked for result can be mainly
a,cHbed 10 the conservatism OF Importers
who early in the season dIzbclpved in the
Gphoidmg OF tie high prices established. !
and " no, as lie wear progressed. believed n
decline WAS Inevitable auj the business IN !
consequence BE rendered extremely hazard !
Gus.
The Ty~.1-, Aowcvcr. to those Who par |
uc!plted ju lnporratioDs has been profit |
able N Tie "Sueme, for the maintenance Of /
=
parallel in the history Of the trade
As regards the prospects for the forth
coming season, We can but indulge pre-
YlOuSly expressed predictions OF a due in
crease in the volume Of business AZ this
port in this great staple.
q" New Orleans naturally assumes the no
S.-ion OF a grand distributive centre for the
south ana Southwest, and needs only the |
81, at all times, large and well as,
sorted stocks to draw hIther the tributary
-Tade which must, necessarily be induced !
oJ the cheap water transportation We have
% offer
The folIav;ag from Messrs. Small i. Co.'S
circular shows the general course of the
market:
Early ID the season following the issue
II our las. annual, reports OF an exceed
nEy short Brazil crop were very generally
tgtulated, and fully credited by some,
while many, both in this country and RIO |
j&nelFo. took the TumCr with some gram Of !
iHo"auce. Subsequent developments, how
YER iuIiy substantiated the report, as the
season advanced, when q strong suegui3-
I've movement cnsucd, with rapidly al !
ant.hg prices, the cOastwise receipts and
ia STOCK brought over from previous sea
on being Inadequate to supply the demand J
t this point. The market continued huov- J
Mt and excited, with more BUYERS than !
ellers, the eagerness of the former iDcress | 4
~ as prices advanced, which was fully / \
l4c ~ Il up to the twenty sixth of Ocf1. 3
err The excitement then subsidized. and
he upward tendency was ch Ckcd. closely
,IlOwed 10y dull market at lower prices. l.
through November In De, P
ambCr all previous decline was re- n
aimed. and under an active demand ex- \
nding up 70 the third Of February a still j
r;her advance of lice T. ib was estab- J.
.lcl. The month OF February inaugur- a
ed general feeling of disrust increased
: the almost total absence of demand, b
rgely attributable to the agitation of the
rim question by Congress prices declining q
lidly till the final passage Of the bill early \
Nav placing coffee on the free LIST This z
easure immediately restored confidence,
d the market became strong under lib N
Il demand, establIsiin- Il tllal advance n
IS z = from lowest rrcce current a. a., +.