The New Orleans Democrat., 1876-06-02

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The inerenae exhibited is rennikahlc. pon-
sdering the general depression eXisting ut
nearly al business centres, hnl the success
which this insitutiuu has NJ ainpd must he eS-
irpmoly gratifying to its most snnguinc friends.
and t. its originator The courteous aud veneer
able Manager
The movement in the general nnfkei has ex-
hihited little animation. with the offerings for
discount moro moderate. both IN bank anu On
tho street. but without duotahle yatintion In the
rates Of commercial paper.
cold has shown differentiation. ruling ahnut
the same to-day rs on last tridhy. ah1 eShih-
iting only limited movement
There has been scarcely any demand for
American silver, aud the market Is now quoted
entirely nominal.
foreign exchange has nuotuhted slightly, and Is
now quoted at q decline of 'se from last FfidQys
rates for sterling. The weeks business has
been Of fair eytent considering the season ~ Tho
year, summing AZ 900.
Under more liberal offerings and lrss demand
New York sight ruled at weaker rates ny tn yes
tattlny for commercial. whom il declined t-lG per
cont
The few solee Of stocks that have boon re-
ported indicated NJ now feature.
Although city premium bonds hhve hcHn
moderately active, they oro now about 4 pef cent
lower than on last Friday.
Yesterday the bids for the drawn premium
bonds were rejecied hy the city.
State consols have boon quite duil and have
gradually. declined without any pereepiblg
they nre now fully per cent lower than on last
Friday
uuder bolter feeling and slight improve
ment NJ lii erpuol aud New York. cotton has es-
hihited mora animation. the week s sales sum
miug M thus Tar $4,000 bales. and the market
showing ma advance on last Fridays quotations
Of iso in Low Ordinary Ordinary aud Good
Ordinary 'se in Low Uihdliug aud ite in Md
ding aud Good Aitdding.
A noticeable fpHturn. and quite a strong point
in favor Of those who believe in better prices $
the growing belief. both at homo aud abroad
that the excess of this years crop will he nearly
offset hy decreased shipments from Eastern ana
Western India. from Brulil. and other minor
sources Of supply. aud the Increased eOnsump-
ton In Europe and America
The worlds visible supply ~ cotton on iast
Friday was 2 .To1 44p bales. agaus plo last
rear-lecregse 81, tGt bales and tho stock hold
by English spinn"ts on May ~. is'e was bl5,n9p
bales, against 22G0o1 last ysaf. and 26j,Qoa tho
year before.
Tobacco continues in request and 0rm. Inst
months sales summed NJ 4l9o hhdE., but the re
erlpts werp loss owing probably ~ the high
condition of the Western markets. whore how
eyer The tone Is noYw reported weaker. and The
cialites, ~ 50', per ccntal lower,
Flour has been without any now feature to no
ioe, except slight advance in tho better bran is,
owing to their scarcity Last month"; 3 receipts
were ~. .gs5 bbls. and tho consumption b5 .42i hbs
which is ~ gil bbs less than same time last year.
Grain aud Feed havo been without any ro-
markahle feature to notice, The bulk grain
movement 10 Europe is reported to be steadily
increasing Tho receipts thus far this season
nave been over 1nUr.Wep tliSnplS. nearly all pf
which have been shipped to Europe.
Tho principal fpatu OF tho week has heon the
excitement in Provisions, particularly in Hog
products which amounted to nearly panic in
the West. and to almost IA corresponding degree
OF excitement here considering tho size of our
market. But the der,iuc having crpntod better
export demand. a slight reaction took place
Wednesday. which il still maintained aud is
gradually growing in strength. under the i'm
prossion that tho statistical position is stronger
than it was ut first supposed
Sugar rice and coffee arc quot and un-
changed. and it seems that every indication OK
any attempt To- bring out coffee here from New
this market. Is met hero by n proportiouato low
supply, and u consequent decrease in price. Al
together our cotreo holders deserve credit for
thOir management Of the position. and are eVi-
IDENTITY quite equal to the occasion. and u match
for our Now York friends.
We are Indebted to Col u. g. MOrcy. Of the
New Orleans. st. Louis and Chicago railroad
Company for the following comparative state
meut If cotton receipts. from which We oXtraot
the following,
Increase this aeason over snasona 1870 t9Tt
lDlGlG bales ts}t-lS12, Ion ACT 1872 1873 ~ 400
t8ij-tSfi. .0l}. and 1874 1915. 81 T+O.
We are indebted to Messrs Block & Gerard for
the following statement of the monthly receipts
of sugar and molusses: May a. 1876 hhes
sugar 2l0G bbls moaSscs ~ halt do total tlg G3,
hhds sugar. 2l8g55 hhls molassos. lJTo half do.
May u, i876-22S2 hhds sugar 1851 bbls moasses
q half do total. lpl.0U hhds sugar 2O6, tt3 bhls
moassos Gli3 half do.