New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1872-08-31
aIFtt Orleans aFplthliEan.
SFFlCIAL JOURNAL OF THE UNITED STATES
nFElcIEL JOURNAL OF NEW ORLEANS
ANNUAL REVIEW
OF THE
NEW ORLEANS MARKET,
\ August 81, 1872.
REVIEW
OF The

II GIVING Oul N"70"H- co. : ...,, g..
le New orleans ihaIheI We H., ~ ~
zee as suCCihCtiy a. i,o.--yI 81 -
be principal articles OF tIade' WIN inc we"
I placing before our I71"T' d" Wv 81 'il1,
entation OF their genera LHoF' DleA- anu
The value 10 the L-r- tII'H' % com uIeI'l"I
tatlstcs manly ColS-a'S ~ 1"o inIoItllse5
hat may De uIa"H tIo4N '"'I' "Iu" 'H"iu
D whatever huCIuaOIoH7 may ia y "''"' wv
q prices % "nao t1lcLI ~ nay -, y
ne legllllh9Uo W ~. XXX
nd demand, ID WA 7"'I 10 \" p ID" W W w ~
OF nuiIII'I" an" ~ " I""S,9 ~ ~
bnormal HlO'elil'i'.lr- i,lo u ' va. ~, a
cry simple mater II L"5 IiI.' '''.Hg y, co'.l
ccurately eslIuGte ~ oAIo"o - ~ ~
land, De CORRECTLY 'l'2I NJ " 'ilo %ii'o,.!il
tine supply anu l1tL Jay III MS SUI, ne -" llH
assurance OF C.! an sg-@ d. ~ ' me- q
re prices uhaHGctoU W ~ u.7IuI o@liJ
used by speculative ana oaLet irregular
tuences. But ID inc comPv Illoh auonI
2 mulhtuue VINO engage ID coinineISIo,l
lerprlscs, an eager IOL Huo1gS7, many
ckless IN Jhelr adventures anu SoHi' "u-
euPuious I'D euecJinS lheIT onaI'IS, iHeIe =
Edly Oranch OF business I'D "hIch correct
5flhall0n, sagaclOHs Judgment on w
ct and prudent forecast are not essential
prevent disastrous results or Obtain the
ward larry due 70 JAe regular HeichdLt
the use OF his capltaI ana IoF hls per
!al services
no commercial reporter trst duty IS 70
sent his readers an impartial statement
ne general course OF the market, adding
fJeVtr deJaiIs may DC 81 interest," or
'orJance 10 the reader WIN such ldcJ-
trly placed before nm, the sagaclty ol
merchant enables him to comprehend
lcauses OF the Vau0u5 fluctuations which
10 occurred, ana draw from them con-
ions tof his future government. Hence,
latJach great value TO the commercial
WIS or diagrams winch dellneate the up
ana downward course OF prices OF
clhc articles. such representations not
snow at glance the general move
NJ but, clearly exhibiting the dates and
Ilb OF us principal variations, suggest
Urtant reflections and lead to valuable
ries with regard 10 their unexplained
YES.
we same advantage Is derived from com
FAal tables, which, even without any eN-
NctOry remarks, may prove Of substan-
NUtalne TO the sagacl0us merchant, en-
ting him to profit by the events Of the
ceGand acquire sound commercial phil
luy from the teachings Of commercial
~.
-. tor TINS reason that we propose to
= ae ihofe space III our present review to
az n information, without, however, re
N such suggestions as appear TO rs
amt and useful.
83O't IS true IN these particulars of the
b3lant as an Individual applies with
NJ pot even greater force to the mer-
IleT, 9munlty as a class. 10 illustrate
priats, ret us make short retrospect.
pOrtVeFal years after the war our com
aud VAS nrnnHrlV rpuaTuHI a tTgngT-
W1Ote. The conflict OF arms had ceased.
state paralysis 1t caused III the CONNER
-MarccdltY was only partially relieved. The
i,nionOn IN our system OF labor, the inter
CiuzeJo Jhe natural channels OF trade
EauoF outlets opened Tor Western pro
Sa, mtbS nd the destruction OF plantation
crc5cs, agricultural implements, animals
Hapk eng, seemed at one time to render
%cIInauon hopeless and future pros
|" oI toplan. such dependency soon
HibsTu before the mdomitabIe energy
hafafeseIn manlness, and the transi-
tIro ',itsl5} slowly at first more
sTntuai AVerWaru, from utter helpless
New Oa restoration OF our former !
Union I1lhat IN SO short a period as has {
HoIo lnsed, Southern agriculture should !
GommeI rehabllltated, IS one of the mar |
Factors eage-as wonderful as the TestO- |
hech4nithe great lake city after it had |
s 49, y swept away by the tiames. |
Orleans FatlOn Is more opposite than may 7
orcscen3ear. The hres OF war were no |
TWEoutoeuEe than the Dlaze OF the con |
SayES III and both lett ruin and dcsold-
ST. CharH wake. But IN both cases Il /
Crescentle operative machinery that was .
lanai an the sugarhouses, cotton gins, |
EaN. ORE. chinery' implements and fences
Jefferson iHhu' ana Inc warehouses, met-
Administrators, and motive power nj /
I,lIisi .ans9h the other; The chlet-the
CarondelG, source OF the common prop /
81. Charleh comm unltles remalned-the
varieties nj genial climate in one, and |
I, t,GaiS,Tn We praiIles III the other. The
sanitary aagaih Deen sewn, the har-
Stcrn's FesISFu, anu Ih9 renewal or
nochahlos Vi PrOuucIlon mas gone lar 10
f,"Iee SteaoI is prosperity.
Louisiana 10 our western trade, how
sugar She9ect Is !ess encouraging. The
1o"n an" - 81 inc interior HneS on trans
New OrlcSI loh was promoted by the war,
Opclousas paiIl"lly arrested, and the
bonds rj'lIroaus ana connecting
'"' ei'gi,tH mas TuaOleu wealthy ana
Jackson raiTfflc Us IN lue SCUM ana south
coupon I.J oO'aI.leu an utrIi (
Jackson IalfS MAJ No. ~, 10 geI IhelF Dread
,l.ssisg oI D"'c ~. anu " esleIh inIhUiac-
mortgagtI91n ne western clJlGs. CUR
Mississippi 70, ieS OF fecelpiS sor TINS wear
opd moLHI ..3 lnNlcaIe the extent 81
s., G IIoT m!7 Orleans as class the mpera
Louisiana ST. adopting such measures as
Iisa,a StteyenI Iutther losses 1t can
slate PGnifeIs.ilI ioHsITaLeH JhaC with uye@
state North pu 70 IheT minimum by
railroad eylsnU steamers expressly
E N.Y., Itr ,Tn ,.,, III II"hSPoIIaSlon' ana ran
STATE warrant VIZ LIe upper heu river I,-' the
state warraptaaIolo 10 ldy oo"h western
Consol dated HJH oViIgn! IA '0ls market
XIV I'D ~, l n, . uI!!S3cUly rom "a" west
City seven peTs VIII RalurauE occur from
city seven per usal o. our on various taoleS.
Irity ten PET e. We snall hot refrain from
FIN sSH per GT appear 70 US pertinent 70
: ~, 80, IsttL' ing out IN what our com y
IA 's",-'.r III .raded. that the prODer cor !
~ ~ ~, ,,,.. uvIiad yrb;Io 81 IL 4, s,,,,- g.
..,f g.rti o,,+1,IL,,r =, III ~. - = 5r
d. y W. ts.t''',,tW III NndJ IL mas advanced. Z a