New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-11-03
The Corn Tradc.


From the st. Louis Democrat!
| With every expiring day the sentiment
| brOadens and deepens that St. Louis and
| New Orleans must make fresh and ener-
| getiG effort this fall and win ter to move vast
| quantities of corn down the great water
route to market. 1t has become the busy
| talk OF the st. Louis Exchange and o fruit
! tul topic OF newspaper discussion in New
Orleans, That millions of bushels of corn
are within reach is certainty. That Eu-
rope will buy all the corn she can get of u.s.
while prices range below fifty cents, is an
other certainty. That the stock now on
hand in New York city is no greater than is
needed for local consumption is a third IN
deniabte fact, and that freights from the
cornhelds of the West to the warehouses of
New York, via Chicago, the lakes, canals,
etc, or via railroads, are much higher than
from those cornfelds TO New York via the
Mississippi river, is fourth undisputable
proposition What then Simply that
If st. Louis and New Orleans do not
supply threefOurths of the European
demand for corn during the coming
six months, they are not deserving of
the name or success Of average business
men. With every circumstance cOnspiring
SC faV0rablY for the furtherance of their in.
terests, what pity-nay, what a shame
it would be to permit failure to result
What is needed! Organization here and
chants of both cities should assemble at
once and open correspondence with each
other. An able man should be selected to
proceed to Liverpool, who should be en-
powered to say to vessel owners: Go to
New Orleans; will guarantee you eighteen
feet of water on the bar; | will guarantee
you cargo of corn at twelve pence per
bUshel, said corn to be spOuted into YOUR
vessel, either from barge or elevator, with
in forty eight hours after your arrival and
at no cost for wharfage"
With such guarantees, at least two Rddi- |
tlOnal vessels per day, and perhaps more,
might be induced to sail for New Orleans, |
and exports thence might be made to aver |
age fully 100000 bushels per month for |
the next six months. Without such organ |
lied effort not more than 100000 bushels |
win be shipped away. By proper repre-
sensations, New York and Boston vessels
can be induced TO come to New Orleans for |
corn. Freights from Chicago to New York
are now thirtY-eight cents per busheI From
here to New Orleans, free on board of a
New York vessel, the charge is fifteen cents
Thence to New York, twelve cents more, |
making twenty-seven cents altogether, or
saving Of eleven cents per bushel in freight
to New York. After the lakes and canals
close in November, the rate on grain from
Chicago to New York and Boston will be not
less than forty cents per bushel 1t will not
go over twenty eight cents from here,
or Cairo. With such difference in our
favor, does it not seem natural that New
York corn dealers will try few thousand
bushels by this routes Already the move
ment has obtained foundation. A New
York firm has purchased 100000 bushels of
mixed corn to be delivered during Decem-
Der, and Baltimore house has arranged
Tor 100000 bushels for the same delivery.
some Of this Baltimore corn goes to New
York and some to Liverpool If we can
ret tonnage at New Orleans for Europe and
New York in abundance during the coming
Xix months we can not only do an immense
rade in corn, but very profitable one,
Ind perform notable service for our farm
ng community. The New Orleans papers
are discussing the matter with much spirit,
md the time for movement here seems
tuspioious. We trust some leading mer-
liant or merchants will take the matter in
land at once.