The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-10-09
Commercial, Financial and Other
Matters.

Our levee front begins to be quite well
lined with square-rigged vessels. 30 send
along your grain Messrs. Western shippers,
and we will furnish an adequate amount OF
carrying capacity to meet your demands.
The r. E. Lee, due this Monday evening,
has 300 bales cotton and $500 sacks cotton
seed. Last trip she brought 1856 bales and
1852 Sacks The corresponding trip last year
was 4512 bales and 5571 sacks.
The New York Democratic platform de-
mands that "gold and silver be made the
only legal tender" and declares for "the hon
est payment of the public debt In coin -
which also means gold and silver.
Advices from Russia represent that the
grain harvest has proved Q disappointment
both as to quality and quantity. TO the scar
CITY of labor and the wet weather In August
are attributed the short YIELD
The Chinese have secured $4,000 square feet
at the Paris Exposition, and the United States
exhibitors are beginning to fear that the
Mongolians learned more from the Philadel-
phia show than we did ourselves.
Several planters on the upper coast started
grinding last week, but found that the cane
granulate and had to stop. The first new
sugar last year was received on the 10th OF
October-S hhds., A from the upper and from
the lower coast
According to Watts & Co.'S last Liverpool
circular tSeptember 20, the stock OF cotton
in Europe Is now $4,000 bales less, and there
are 163, 600 less at sea than one year ago. The
stock of cotton now held by English spinners
we now estimate at n, 900 bales, against rs 600
last year and 200 the year before at same
date.
We learn from the Quincy Herald that q
large amount of wheat had been bought be.
tween Keokuk and Dubuque for shipment
from New Orleans to foreign ports and that
special tonnage had been chartered in Liver
pool to transport it. This indicates how
severe blow the blockade at the Des Moines
rapids has been to this trade. A Golfer dam
Is now being constructed by which, 1t Ia
hoped, this wheat can be brought out.
Is this foreign country? Russia leather
is made in Connecticut, Bordeaux wine Is
manufactured in California, French lace Is
woven In New York, Italian marble is dug In
Kentucky, Marseiles linen is produced In
Massachusetts, English cashmere Is made
in New Hampshire, Parian art-work comes
from shop in Boston, Spanish mackerel are
caught on the New Jersey coast, and Havana
cigars are rolled out by the million Chicago
Ind. News.
We are credibly informed that the agent OF
an extensive line located in this city has, on
several OCCASIONS offered to st. Louis mer.
chants steam facilities for the shipment OF
flour TO Rio Janeiro; but in no instance was
commend this fact to the attention OF those
st. Louis newspapers which seemingly take
great delight in charging New Orleans mer-
chants with q want OF enterprise and disin-
clination to aid and assist Western men in eS-
tablishing direct trade with South America
and other countries.
In some lines of business In this city there
Is pereeptible decline as compared with last
year. while In others the reverse is the case
The tradeo OF our wholesale grocers has fallen
oil considerably. and we know Of one large
house whose sales for the past three months
foot up % per cent less than those for the cor
responding period of last year. But this is
owing exclusively to the backwardness of the
cotton crop. There is however, a very hope
ful feeling perVading our mercantile commu-
nifty, and antlclpatlonS of q sound, healthy,
remunerative trade for the season are gener-
ally INDUCED. Our merchants hold large
stocks, and are prepared to fill orders on most
accommodating terms.
The San Francisco Stock Board, or Ex-
change Board, as its real name is, moved into
its new building last Monday. The new build
ing Is on Pine street, and has front of sew
enty-seven feet, a depth OF 1877 feet, and a
height of eighty-two feet without the cupola.
which Is sixty-five feet above the roof. 1t is
built of granite, the walls being wainscoted
with Tennessee marble and the floor laid with
tiles. The cost Of the ground was $4,000,
and OF the building S450,0O0. The gayel used
in the old room has been discarded as too
cld-fogyish and its place and functions
usurped bya large electrical, vibrating gong,
dead or drown the voice of the most rampant
day."
=. The elevated railway in New York Is stead
lily gaining the favor of the people, and the
travel during September, this year, was 46
per cent larger than during the corresponding
month last year. The present road is on the
n n afnIf hIaC nray, ic iIrof