New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1876-09-01

In reviewing the movement of the year it
will be observed that adding the receipts
(26 67l hhds) to the stock on hand at the
commencement (32l2 hbds), gives total
supply Of %, S33 hhds, of which li50 have
been broken up for baling. city consump-
ton, etc, and II ,652 have been exported.
leaving on hand, as per statement, li,OSl
hhds.
FLoUa.-The trade has been unsatisfac
tory Throughout. the year. The receipts
sum up only ,70l bbis, against s6l ,2P
last year. showing decrease Of y 54l bbls.
And yet last years receipts were the small
est on record since lS67-68 and 284 ,574 bbls
less than the average of the preceding ten
years. The heaviest receipts we're in 1862
20 U,64l,477 bb!s) and 1901 l,54l ,2Sl
bbls), when they were more than double
the past years This marked falling of in
our trade has been mainly caused by the
shrinksge in our local trade, the exports
showing but little variation. Throughout
the year this has been cause OF constant
complaint, and is properly attributed to the
diversion of trade by railways which opened
direct intercourse between the consuming
districts and the sources Of supply. 1t is
evident that the only means of correcting
this evil is to reduce prices in our market
by cheap river transportation and making
railway connections with points OF con-
sumption which are nearer to US than to
the West. and could probably be supplied
by the cheap waterway to New Orleans
ard moderate railway charges thence to
the interior markets more advantageOuely
to tho consumer than by allrail from the
West.
The movement IN September was of much
less extent than had been expected, and
the receipts being quite liberal, the money
market stringent and the export demand
uncomfortable, prices gradually gave way
and closed at "a so for superdoe, g $50
5 SO for double extra, and $707 % tor
choice and family extra, showing decline
OF 75c in supeltine, $50 in double extra and
% O SOC in the higher grades, the movement
Of the month covering receipts OF 1881
bbls exports of % S46, and reported sales
OF $4,000. In October both the receipts
and the sales were more liberal, and, with
some demand for Cuba, prices were main.
tanned with but little variation, while the
movement covered receipts of 76,74l bbls,
exports of % 49,, and reported sales OF
1000 The market was extremely dull
throughout November, the previous de-
mand for Cuba having subsidized and the
local business being moderate. Prices con-
sequently ruled more in favor of buyers,
and the month closed at a net decline OF
25c in superfne, SOC in double extra. and 81
in the better qualities, while the movement
covered receipts OF 1881 bbls, exports
of 80 SCI, and reported sales OF only 49,
600, indicating that considerable
portion of the receipts had been trans
shipped to other markets and the stock
had been materially increased, the latter
being estimated at 6S 600 bbls, against 80 900
at the commencement of the month. The
downward tendency in prices continued in
December which closed with further fall.
ing off of 25c T. Dbl on all grades, while the
movement covered receipts OF "a 34S bbls,
exports of 20,99l, and reported sales of
44,OO0 In January the market suffered q
further decline of 15c in superfne, and % a
SOC in double extra and the higher grades,
superfine selling at 50 IS, double extra at
81, and the higher grades at 50 50 az %.
These low figures, which were more favora-
BILE TO foreign buyers than those of any
other seaport, elected some inquiry for the
kinds suitable for shipment to Liverpool,
but the movement exhibited no spirit, Gov
ering receipts of S0,0i4 bbls. exports of
Is ,557 and reported Gales of $4,000. There
was rather more activity in February, and
both supertine and double extra showed an
improvement Of about Pc = Dbl, while
the higher grades advanced soc Isl, the
movement covering receipts of 43, 3i7 bbls,
exports of 30,5iO and reported sales OF
80 ,000 March exhibited some irregu-
larity, but the closing rates showed no
falling Of except in the higher grades, the
quotations for which at the close indicated
| u decline of 25c, while the movement COW
cred receipts of S6,Sl6 bbls, exports Of
81 ,665, and reported sales of 50, 900, or near
| ly double the business of the month pre-
vious. April was marked by general
| shrinkage, the movement covering receipts
of 65,230 bbls. exports Of g., S26 and re.
ported sales of only $4,000, the medium and
| higher grades maintaining their previous
| position, while supertine gave way 2Jc.
| May closed with a general advance OF 25c,
| but the movement was on much more
| limited scale, the receipts covering only
| 80, 94l bbls, the exports 32,252 and the re-
ported sales AZ 900. In June the receipts
were more liberal, summing up 53,0S7 bbls
while the exports embraced 23,SF and re-
ported sales a., 900. Prices at the same time
ruled lower, at least for superfne and dou
| BILE extra, which gave way 2oc, but the bet
| ter qualities maintained their position. In
July superfine sunk to its lowest point
| way about SOC and choice 75c, but, under
limited receipts, fresh ground commanded
full prices, showing at the close genera
| advance of 75c Isl. superfine ruling al
| 81 %, double extra at 81 so "A IS and the
higher grades at S. 7507 so, while the
movement covered receipts OF AZ. JIG bbls
exports OF 1879 and reported sales OF
| 49, 900. In the past month prices ruled IL
| favor OF buyers, with an accommodating
stock, and closed about soc lower.
The local consumption, including therein
shipments TO the interior not included IL
the exports, and the distribution of tn
latter is shown by the following table:
1856, bbls.
Stock on hand September l. 1315......-.... SO .83
Received slnce.'......' ~
900 ro