New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1873-09-02

Grande, and shipped by schooner from
Brownsville to Galveston, and thence by
steam to Brashear and rail to this city, was
received here on July 10, and after being
offered here by the cOnsignees, Messrs.
Gordon g. Gomilla, without meeting a salts
factory bid, forwarded on the ensuing day
to New York, when, at public sale, it brought
27c. The first receipts from the Rio Grande
last year were on July II. The first receipts
of our own crop was one bale from the
plantation of Mr.. G. A. Person, Cane river,
Natchitoches, consigned to Mr. 0. Chopin.
1t appeared to be badly ginned but Of fair
| staple, and classed low middling.
SUGAR-The year commenced with only
moderate stock in the sheds and limited
receipts. The demand, at the same time,
was steady, and, the crop prospects not
being very encouraging, the market exhib
tied rather an upward tendency. There
had been manifest decrease in the acre
age, planted, considerable portion OF the
seed cane in the wiHrows and mats
having rotted during the cold and wet
winter From all points we received
complaints of bad stands, and the IN
promising appearance OF the cane gen
orally. The prospect improved, however,
with the spring, which was suspicious, but
as the season advanced excessive rains, fol-
lowed by pro.racted drouth, checked the
growth. Under these circumstances the
year opened with expectations Of very
moderate yield. The first grinding seemed
to yield well, and planters began TO enter
tain renewed confidence, but from the four
teenth to the fifteenth of November severe
storm and killing frost cut down nearly all
of the standing cane. The result, eonse-
guentIy, shows falling off of about one
sixth or about 10000 hogsheads, from
1912 and upward of $4,000 from 1901.
The expenses of cultivation having been
provided for larger instead of a smaller
crop, the losses to the planter have
been even greater than are indicated by
the amount of the deficit, causing great
embarrassment and the failure OF several
on the crop.
The stock being mostly held by specu
lators, and the demand steady, prices ex-
hibited an upward tendency throughout
September, resulting in an advance OF "A q
he in the medium grades and lac in
prime to choice, the opening rates being
l0Ssc for fair and lie for prime aud
the closing l034c for the former and IL l2c
tor the latter. The sales summed up 240O
hhds, but this fell far short of the demand,
which also took off the market $500 hhds
Demerara The stock having been re-
duced to a tritiing amount, the business
in October was confined almost exclusively
to limited retail transactions, until toward
the close of the month, when the
fecelpu5 VI new crop iupdIttu Lu9Tt vitality
to the market. The first hogshead OF new
received was on the sixteenth, from the
plantation of Mr.. E. Meynard, of Indian
Bend, on the Teche, parish of st. Mary,
consigned to Mr.. Robert Hare. This was
seven days later than the first receipts in
1871. Not being well drained, and of
ereyish color, this hoeshead classed about
common, and was sold at lOa+c. During
the ensuing ten days there were some fur
Their sn3l rpceiptS which sO}1 al 6lbc for
inferior, l0'sc for fully fair, lOi4c for sec
onds, and III q Ii 12c for yellow clarified,
but from the twenty fourth of the month to
the close the arrivals were much more
liberal, and about 400 hhds changed hands
at Toe for fair to fully fair, and i0ls a
| l2c for yellow clarified. The business
season may be regarded as having fairly
opened in November, the months receipts
summing up 126l5 hhds, and the sales
IL 500. With more coplous supplies prices
gradually settled down. and in the fourth
week common to fair had declined | a 13sc,
and prime to choice l9c, but the market
then rallied and holders were enabled to
recover fraction of the previous
falling off, common to fair ruling at 734 :
Size and prime to choice at 919 a l034c. The
movement was still more animated in De.
cember The receipts summed up q, S65
hhds, and the demand being brisk, the sales
embraced "A, l45. Prices, at the same time
exhibited some irregularity, and the fiuctua
tions during the early part of the month re-
suited at the close in net decline of q a lc
in common to fair, and " a Sac in prime to
choice, the former being quoted at ga a Sc,
and prime at &c. The market exhibited in
creased activity IN January. when BUYERS
for coastwise ports came forward freely |
and the demand for the West continued |
brisk The Volume of business this month |
was, in fact, the heaviest of the year, the |
receipts amounting to 30.9l9 hhds. and the |
sales to 81, 449. Prices exhibited but lit |
tie irregularity, giving way DIT the lowest |
point only lac, and advancing at the |
highest TO the same extent. but subse- |
quently settling down to the opening rates |
for common to fair, while the Improvement |
in prime 10 choice was maintained, the for
mer being quoted at the close at Sc, and |
the latter at 9 l0isc. The general move
ment then gradually subsidized and in Feb |
ruary the receipts fell off to zoo hhds.
and the sales to II, 756. Prices in the mean
time exhibited but few variations |
closing at the opening range of Z Sc for
common to fair, and 9 l0l2c for prime to
choice. The active movement of the year
had now nearly terminated, the receipts in
March amounting to 65l2 hhds and the
sales to $500, while prices, after giving way
during the first fortnight 14c, subsequently
re Lied and closed at the opening rates.
The receipts in April were confined to 2l33
hhds, and The sales to 1898. while prices
exhibited but few variations In May the
receipts were only Il65 hid S, and the sales
l470; III June the former fell off to 96l
hhds, and the latter to 100; since which the
movement has been confined to receipts of
$40 hhds in Jtl " and sales of 1882; and
daring the past month to receipts of s64
hhds and sales of 1851. During May prices
about the usual fluctuations
without any marked variation. but as the
supply diminished and passed mostly
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