The New Orleans daily Democrat., 1877-09-01
e,si7 2s,s71 s.4os 1862 s.2os 1903

a. M. summers ...............
b 8. Harper. ....................,......4 96
III. nj. Hayes .......................... 83s
Total. l.......................... 5000
Last year ................ % $50
Year before. 5,749
In reviewing the movem ent of the year Il will
Ghds to the stock on hand at at the hsVe commenee ns
ment tl1 .0st hhdsl gives total supply of 90 1893
has hhhds Of y which lSo hsye been 3 up for
been exported. leaving on hand as per state
ment 1854 hhds' s1taAp
Next in importance to our leading staple
Sugar claims our attention, not only from the
extent Of its yield and the value Of The product
The proceeds of its sales. moreover. enure In a
greater, proportion to our own people than the
proceeds OF cotton, large percentage of which
cover liabilities for merchandise and supplies
furnished directly to planters and country mer
directly through advances made by New Or
leans factors. In fact. it is not unusual for the
proceeds m OF % Cotton In September or October to
planters drafts on factors 70 liquidate indebt-
edness to others; Hence we find that the money
market generally works closer in September
and October, and not rarely even in November.
seldom materially easing up until December.
other hand, are mostly to the merchants of New
Orleans, and they rarely commence shipping
their crops to tT the s without ons at
ing, increa ed activity to other branches of
trade. 1T is, therefore. a matter of general
great interest by the warm many cases van
dalic aud unnecessary. and. from commercial
@ rahous r. Inc to the people Of other
has shown o steady. healthy and satisfactory
progress. The smallest crop during. the war
losoOooo III; in s67-s 1t was increased to II 400
900 lb in ls697o to 900 ID and in 1856 to
to e Il eRhbted about the us1a
variations. falling. however. In 1924 to 103.-
300 600 10. witch proved severe disappoint,,
serious embarrassments not only among fac
tors but to the banking institutions with which
since has been satisfactory Planters have have. ac- &C.
uuired a certain degree of independence; the
city trade is in healthy and prosperous condi-
ton. the prospect Is suspicious. and the situa-
tion of the trade satisfactory and hopeful
We revert to the subject of central factories
se We h at & fr9a
essary to attract a copious flow of white imm-
s 9p be o homs Is st the small
his cane, at neighboring mil, without being
compelled to build his own sugar house. Now.
derive large profits from grinding cane at a toll
which will make the crop the most remunerat-
i've which the small farmer can raise.
As usual the movement in sentember and De-
tober was restricted by partial suspension of
receipts and very light ssuppisss the former em
the first fortnight of October, after which they
became more liberal, the subsequent arrivals
limited extent and consisted mostly of old crop
left over from the previous, season. The frs:
receipts of new were a hogshead of strictly good
fair on October s. from Mr.. l.. Duchamp's plan
tation parish of st Martin consigned to Mr.. A.
Tertrou, which was sold on the landing to Mr.
E. Gamet at l0ssc q ID. and barrel of fair from
Mr.. Leon Babin's plantation, parish of Ascen-
sion, consigned to Mr.. A. f. Hickman which
was sold to Mr.. /. Dehleza at Zoe. Up to
this period old crop had ruled at lo14@s
1Oisc for common to fair and 103s@I1asc
Tor prime to choice or 1sS@lalc higher
than at the corresponding time in 1875. The
first receipts in 1876 were on the 9th of Oc-
tober, and embraced hhds yellow centrifugal
from Mr.. r. Chopn's Home Place plantation
parish of st. James, which sold at 9ac. also
showing difference in price in favor of The
new year. There were some further receipts of
new crop during the ensuing week, after which
they were of more liberal extent, and prices
rapidly gave way, sinking by the close OF Octo
ber to 7@7tc for common to fair, and s@skc for
below the range of the previous year. The ex-
tent of the sales during these two months was
.241l hhds, but the business season could hardly
be regarded rs having fairly commenced until
November, which opened with much more lib
eral receipts. while at the same time the low
prices current at the close of October stimu-
lated the demand under which the sales were
of fair extent at slight improvement, after
which the movement continued animated the
months business summing UP $3.50 hhdS,
against receipts of 3o,ssl, but prices giving way
t44sc toward the Close when common to
fair ruled at 7@7sse, and prime to choice at SIG
s7sc, against 5a4@6ts and 7l4@7hc, respectively,