The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-02
FLOUR AND MEAL CIRCULAR.


We are indebtsd to Messrs. Glover & Oder
dahl fer the following monthly circular &
flour and meal, of date Sept. l, 1875:
In reviewing the -four trade in our marke
during the past thirty days we have but littl
change to note in the amount of bushes
done, as compared with the previous mont
or the same month last year. The usus
livened by sudden and extensive fluctuations
which occurred in this brief space of time.
We had entered the month with compare
tive light stock, and a very strong feeling OF
all grades influenced by the report OF con
tinual wet weather which caught, uDprotec sec
in the field, most Of the fine winter wheati
that had been harvested
This unfavorable weather continued, and
increased in certain localities in the West to
serious Fl oods and overfiows and caused total
destruction in part and serious injury to
nearly all the gathered wheat in those States
which are tributary to our market
Such unfavorable advices and consequent
sharp advance on both wheat and flour in the
Western markets soon brought their infu-
ence to bear upon our light stocks and caused
rapid advance of 81 SO per barrel in the
first six days of the month, and choice stocks
more especially we're firmly held and main
tanned at the advance The buyers, how
ever, surprised at the sudden and large ad-
vance, and mistrustful of the reported extent
of the injury, held back entirely, working off
slowly the stock they were carrying, and
awaited patiently further developments.
Receipts continued light, which enabled
receivers to hold their position firm and un-
changed until about the 18th OF the month !,
very little -four, however, changed hands.
Abnr Ia L.
ing weather set in early in the month, to
which was added the fact that very large
and fine crop of spring wheat had matured
and was being safely gathered in the North
ern and Northwestern States. The favorable
weather enabled the farmers to thresh their
grain and get it to market
The deliveries which had been detained for
weeks by the damp weather came forward
and were larger at the time than ordinarily
Under these il fl FENCES the Western markets
soon began to give way.
The receipts here began to be more liberal
and stocks increased, and these, with the light
demand of a summer month, soon weakened
our market, and by the 18th of the month a
decline of 81 II Dbl occurred as rapidly as the
previous advance set in, so that IS to-day is
the outside price obtained for the most IA
vored brands of choice four
There is no doubt, however, that the entire
winter wheat crop has been generally and
severely injured, and we should not be sur
prised 10 see the prices of the best brands of
choice family and bakers fours rule higher
after the choice old stock, which
may still be found here and there, has been
On the other hand, the average
amount of wheat raised and saved in our
great country is amply large and sufficient to
prevent unusual high prices. and we shall be
lble, we venture to say. to offer good and
wholesome Hours at very moderate figures to
,ur trade all the season, although they will
lot be of the excellent and universal satisfac. |
ory qualities as during the past year.
Prices on the LIST ult. set in at 81 so for |
hoice, Sc 50G7 rs for good to choice me.
liums, aud SIS 2596 25 for doubles to triples. |
They then advanced to 50 25 for choice, |
" 50C9S 30 for good to choice mediums and |
'6(G7 tor doubles to Triples; but at these
igures very few transactions were made.
To-day the ruling figures are: So for choice,
'7(D7 30 for good to choice mediums and J
% 50@6 80 for doubles to triples. Some
cry favored brands are being held under
limits at from So 1909; but at these prices
hey are virtually off the market.
We entered the month with stock of 2S,-
O5 bbls. Receipts since then foot up "a, 1893
bis. az $40 bbls more than last month, and
4, 4O7 less than during the same month last
earl making total supply of So 504 bbls
The stock on hand to-day is SO, $50 bbls ian
lcrease of 1925 bbls during the month, but
J. 9lO bbls less than same month last year,
lowing consumption of 46, GA bbls, which
70, los bbls less than last month, and 49,.
JO bbls less than the same month last year.
This Is by 10000 bbls the hghtest months
usinesS we have on record since we first
sued our circular.
In connection with this we would permit
1rselves to state that we were considerably
lrprised that fully one-third of our total re- |
'ipts otcfour are being brought in by the
lilroadE This, in face of big river aud ex- a
'llent stage of water, is certainly remarkable t
Id well worth the notice of every citizen !
ho has the success and welfare of our COM :,
cree at heart. The necessities of our age .
quire and demand railroads.
without them we go steadily backward to b
,scurity and inactivity. With railroads, and Il
lth them only, can We regain our lost trade |
Id business, and through the thus improved Q
ade and commerce, double, yea triple the :,
resent depressed value of our real estate. "
e would request every merchant, capitalist 9
Id property holder, whether large or small, s
consider this case fully. 8
Our exports of flour during the month Il
sre, to Cuba, 1896 bbls.
The demand for corn meal has steadily
len of, caused, We are convinced, by the q
le crop Of corn which has matured in excel +,
ut condition and splendid yield a
The stock on hand on the LIST nit was 1925 t,
Ills, tho receipts since then 9l22 bbls, max il
G total supply of l2.047. The stock on l
md to-day is 1850 bbls, showing con. a
mption OF 9097 bbls during the month.