The New Orleans Democrat., 1876-06-01
FINANCIAL AND COMMERCIAL

OFFICE N. O. DEMOCRAT. |
| Thursday Evening. June I. 1876
| We condense from oW exchanges he Jollo,cias
interesting financial and commercial
| Items:
| Late Louispi1e Tobacco Crop adcioes report That
| the weather was rather cool I'm the first half of
! the week. but has been growing warmer since
and is now OF "a very seasonable temperature.
There have been areas OF rain on several days.
| but nothing like as copious a rainfall as was de-
| sired nor has 1t been ut oil general. There has
| been pretty general complaint and the cereal
crops have undoubtedly suffered, perhaps more
| than tobacco. Plants in some sections ready
for setting. and probably some have already
been trnnspanted Altogether the weather lat
| terly has been of "a character to bring forward
tho beds. and at least arrest the depredations Of
| insects. We hear from some quarters that the
plant prospects are gradually improving. but to
take n conservative view of the case we should
infer that it Is extremely improbable that full
breadth Of land will bo planted in the southern
11nbaGs As to ohsr sections the Pr9Spee are
outlook IL discouraging. and recently there are
reports of some damages from insects in Mis-
souri, where the prospects have been generally
thoughtt To be unusually Hattering
The market was fairly active andsteady in tho
iirst hall of tho week, but has subsequently been
more quiet and in the last day two prices
have favored buyers. Tho general tone has been
weaker, and tho whole market, with the excep-
lions OF o ley speciatles. is at least zoe per con
tai lower Inc sDecialtes referred to arc rich
black German and Swiss wrappers and bright
plug wrappers. Cutting is steady but rather
the general decline.
The foreign commerce of he T,Hed Sia es
during the ten expired months Of the fiscal year
compared with same period last year, is thus
stated by the Bureau Of Statistics in gold values
IMPORTS ron TEN MONTHS.
tR745. 1STb g.
Merchandise. ....... s1i2.oi442s *lss spos. .l7s
Specie cie.-................. II s72527 1924 l9t
Total st5a .so5 sio2 ss2. .3oi
Decrease. ........+......... 81 0t.b91
EXPORTS roR TEN MONTHS.
1a7l-5 1s15-6
Domestic Products .. .si27 5I2 stIo. o.sIG ii2
Forei ign Products. tl.b7t777 12.oi1 700
Specie Observation-Disclosures. G}.b49.7lB 410767H
Total l...............s6 s6o2 ,2lo,oG Si92 .734 3s3
Decrease. Observation-Disclosures. 9.475G4
The exports for the ten months show an appa-
rent balance in our favor Of s9o,0oo,o0o
Fundiny ne T,iifed Sintes Uebf nt a Loire, Rate
W Interest-Our Government is attempting to
fund tho national debt in bonds Mt u lOwor rate
OF interest. and low arc aware Of the great saw
ing that can thus be effected Wo have about a
thousand millions of six per rent gold bonds
II this were funded ut four and II half por cent
there would be an annual saving OF fifteen mil
Hons of dollars. An annuity Of ono dollar at six
per cent amounts, in twenty eight years. to
fGs.52. Fifteen millions u year, If invested us u
sinking fund. would amount, in twenty eight
that amount Of our debt simply by tho saving Of
interest
Per Centaqe n Proot,cts Consu,apd in The
fNohHhf5U lNtufS- Inc bnlteu States Census anu
reports show that from thirty to |
per cent more products are consum-
ed in the Southern stltes since the war than
before. owing to free labor and that. while tho
acreage Of cotton in the South is reduced. the
amount Of production is increased. owing to the
same cause.
Cuba Sugar crop Accouuts.- The accounts I
from Cuba are discOuraging rs 10 the final out |
turn OF tho present crop. and those OF tho incur
sions and destruction of estates by the insur |
gents near the coast. are calculated to excite |
alarm. but these have been often repeated. |
they have become somewhat Of a chronic nature |
ance.
Rnib'ond BnHdiag-Is experiencing revival |
Thus far the present year there have been built. /
according to report so miles against 220
miles for the same period in 1875. 375 miles in |
1874. and 65t in 1878