The New Orleans Democrat. (New Orleans, La.) 1875-1876, 1876-06-08
FINANCIAL AND COMMERCIAL
OFFICE N. o. DEMOCRAT.

OFFICE N. ". DEMOCRAT.
Thursday Evening. June 8. 1876.
We condense from, our exchanges the J0llotriag
Interesting financial and commercial
Items:
zoaacco.-In view Of the interest being mani
tested in this market as to the condition of the
Western crop, and az to the state Of the market
OF that great center Of the trade. Louisville. we
tract the following from late Courier Journal
Of that city:
Since tho 1st instant the weather has been
warm. with extensive and abundant rains. form
ing The best prizing season enjoyed since last
December. Planters deliveries are ex pected to
prove heavy in consequence. though there is
that "a 20 sirb pron9r
weather has also been admirably favorable for
planting. and undoubtedly much has been done
are az ana The could b
availed Of ms freely rs II they were In the usual
stare OF fcrwardness. while II is likely that very
ties and in Tennessee. The crop will have a fnir
start however. II planted under favorable
auspices any time within the next three weeks
The supply OF plants In q large part Of the
Kentucky tobacco area, including several Green
river counties and the Clarksville district will
probably. prove inadequate; though nder favor
able conditions IL may be large enough for an
average crop. and in the meanwhile there are
some evidences that in other parts Of Kentucky.
Tennessee, there Will be an extra large crop
planted. 1t was reported here to-day that In
some instances In the southern counties plants
unusual prevalence Of this plague is attributed
to the fact that the. weather last winter was so
mild that comparatively few insects or insects
The leading feature of the week was the easing
down Of prices in the descriptions 81 tobacco
which chiefly attracted the attention Of specula-
OF the latter and the return OF the market to the
control of legitimate buyers. who purchase On
about the prices Of last Saturday. which. it will
be remembered, were on basis more favorable
to buyers. and, subsequently. prices have de-
OF the decline were l4t@lsc on Iugs and hDac
on common tn fair shipping leaf-with the ex-
ception. Of bright and black wrappers, and OF
been q shade easier, but not du?tably lower. At
the close to-day. prices were evidently firmer all
around consequence q tne T Hsaings peng re-
tobacco in the breaks have been more
diversified. and of much greater average
merit than IN any former week OF the year. and
nearly ali classes OF buyers were enabled to pur-
chase more or less. The supply OF decidedly
superior tobacco OF any class has been light. but
a a ssppna sa ana
tial, has been large. Common Tugs have been
abundant the product OF Missouri ih and other
condition of the weather. made some OF it ap.
pear to poor advantage. being in rather high
thes snare Se e
vance. On some days there was fair supply OF
colory cutting leaf. which. in full weights,
brought high prices, but buyers complain that
the frequent average of 100 to 1000 pounds per
hogshead prejudices the sale OF this class OF
tobacco. Altogether the decline is mainly con-
fined to the descriptions ranging from common
to fair regle types.
Insers2 Obsposss Made Pavatse to Bearer are
Enetaedto Dnys ~ Gvece.-The New York Court
Of Appeals has decided that all interest coupons
made payable to bearer are entitled to days Of
grace. If II true, the court says. tha8 such cou-
pOns ARE REGARDED and treated, q we'll BY
pr0mis0f = pf0misee. q payablo at the day and
pad - & a torms payable without grace; but