New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-09-02

40. 80 and 100 Ut 81 Is; IS and 50, at 81 50;
- a. u 62lt; rs ut 81 67.la; 25, 80, IS AND
200 at % v Dbl, and l6O bbls ON private
terms. -.
The market is now quoted, in job lots for
the local trade, at s. % for superine; IS 80
extra: $6 25 for good treble extra; Sc 80 a IS
for choice treble extra, and 81 q for choice
extra.
There have been no further arrivals of
Texas flour since the car load we noticed
Yesterday, and there is on hand only about
315 bags on sale, but further supplies. are
expected. so half bags good treble extra
sold, to a grocer. at 81 IS. and 30 whole
bags at 81 62la q bag. Bsg packages are
undesirable, and the general expression of
the trade is to have Texas -four in barrels;
wood preferred.
We are indebted to Messrs. Glover &
OdendahI for the following monthly circu-
lar Of flour and meal of this days date
September 1, 1875:
In reviewing the -four trade in our mar
ket during the past tLLty days we have but
little change to note in the amount of bust.
ness done as compared with the previous
month OF the same month last year. The
usual INNER monOtony, however, was
greatly enlivened by sudden and extens We
fluctuations which occurred in this brief
space of time.
We lad entered the month with COM
parative light stock and very strong feel
ing on all grades Influenced by the report
OF continual wet weather, which caught,
unprotected in the field most of the fine
winter wheats that had been harvested.
This unfavorable weather continued, and
increased in certain localities in the West
to serious floods and overflOws an6ca used
total destruction in part and serious ipjuEy
to nearly all. the gathered wheat in thd E
States which are tributary to our market
Such untavorable advices, and cons 'auent
sharp ADVANCE on both wheat and flour in
the Western markets, soon brought their
influence to bear upon our light stocks, an d
caused a rapid advance of 81 50 v Dbl in
the first six days of the month, and choice
stocks more especially were firmly held and
maintained at the advance. The buyers,
however, surprised at the sudden and large
advance, and mistrustful OF the reported
extent OF the injury held back entirely,
working OFT slowly the stock they were car
rying, and awaited patiently further devel-
opments.
Receipts continued light, which enabled
receivers TO bold their position firm and
unchanged; until abnut the fifteenth of the
month very little -four, however, changed
hauds.
In the meanwhile favorable, clear and
drying weather set in early in the month.
to which was added the fact that u very
idi &c huu hhS CIvp VI sptluS Wubht Dhu
tured and was being safely gathered IN the
Northern 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 influences the Western mar
kets soon began to give way.
The receipts here began to be more liberal
and stocks increased. and these. with the
light demand of summer month, soon
weakened our MARKET and by the eight
zenith OF the month decline of 81 v Dbl
occurred as rapidly as the previous advance
set In, so that IS to-day is the outside price
obtained for the most favored brands of
CHOICE flour. There ia no doubt, however,
taat the entire winter wheat crop has been
generally aud severely injured, and we
should not be surprised TO Sc; the best
brands OF family and bakers -four rnle
higher eventually, after the choice old stock
which may be found here aud there has
been consumed. On the other hand, the
average amount of wheat raised and saved
in ,nr great country is amply large and
sufficient to prevent unusual high prices,
and we shall be able, we venture to say, to
offer good and wholesome fiours at verv
moderate figures to our trade all the season,
they will not be OF the excellent
and universal satisfactory qualities as dur
ing the past year.
Prices on the first ultimo set in at g. 50
tor choice; " % to ~ % fpr good t. choice
and IS D to Sc 25 for doubles to
trebles. They then advanced to So % for
choice; 81 so TO So so for good to choice
mediums; Sc to ~ for doublss to trsb es
but at these figures very few transactions
were made.
To-day the ruling figures are: S. for
choice; 81 to 81 80 fol. good to choice me
1iuins and Sc so TO s. 80 for doubles 10
trebles. Soine very favored brands are
being held under limits at from So IS to
~, but at these prices they are virtually off
the market.
We entered the month with a stock of
$500 bbls. Receipts since then foot up
"a 799 bbls Q2 80 bbls more than last
month and ~ 4U7 bbis less than duripg the
same month last year,, making total sup.
ply of 81, 504 bbls.
: The stock on hand to-day is So $3.50 bbls
IAN increase Of s, los bbls during the month, i
but 1870 bbls less than same month last
year showing a consumption of 46, ga bbls,
which is 90, l05 bbls less than last month. |
and l9, 900 .bbs less than the same month
last year. This is by 10000 bills the lightest
months business we have on record since |
we first issred our circular.
In connection with this we would permit |
TO state that we were consider. |
ably surprised that fully One-third of our
total receipts OF hOur are being brought in |
BY the railroads. This. in face Of a big river |
and excellent stage of water, is certainly
rem irkable and well worth the notice Of |
svery citizen who has the success and well |
fare of our commerce at heart. The neces- |
sites OF our age require and demand rail |
roads. Without them we go stesdily back |
ward to obscurily and inactivity. With rail. |
roads, and with them only, can we regain |
our lost trade and business, and through |