Vicksburg weekly herald. (Vicksburg, Miss.) 1868-1883, 1877-08-17

FINANCE AMI COMMERCE.
OYYicx o. rHl DAILY nrRALD.

equally scarce, though there is q grow
ing disposition 10 take matters as they
come, only looking to the future TO
bring the great changes which are to
occur 10 tho condition Of things during
the next two months.
AT the banks to-day, matters were
taking their course at about the same
rate they have been running for the
past month, aid the views OF the fu-
ture and its attendant changes are
looked fer with the same feelings that
animate those engaged in other lines
Of trade. The happy day is rolling
nearer and nearer, but we
see with its gradual approach
no very great efforts being made by
cur dealers to attract more business to
our city, and no organized plan among
our mercantile houses looking 10 this
end. We can't expect business to
come 10 US without the asking. Nor
can we expect much increase unless
our facilities for doing 1t come in d.
rect contact with that Of other cities.
A few weeks at most will find q
cotton landing far below the corporate
limits Of our city, but so far as We can
hear, nothing has been done to locate
it at any particular point below. These
are questions OF vital iml ortance to
our city, and should be looked into at
once. A landing must be secured, and
the right of way 10 and from that
landing obtained from the property
owners. The idea OF waiting until the
water falls to secure these things is
preposteroqs, for by that time all will
be a busy scene on Il streets, and no
one will be found with leisure cuff.
cient to give It pro- er attention.
GOLD AND STOCKS.
NEW ORLEANS, Aug. l5.--Gold SO
50. New York sight 4 premium.
Sterling, bank, S. H..
New York, Aug. lj.--NOou-GOld
opened at 5i4 @5]5. Stocks buoysnt,
Money IL @2. Exchange :long,f4 SAY ;
short, "a So. Government securities
firm. State bonds steady.
Eveniug--Gold closed firm, "a.
Money easy, 1902. Sterling steady,
a.. Government securities strong.
State bonds s,eady. Stocks strong,
s~vB.TEEAsCRY BALANCES.
Currency, ~ ,7S4,S40. The sub.
Treasurer paid out $4,000 for interest
and $4,000 for bonds. Custom re.
ccipts to-day, $l1l,000.
Cotton.
The market news was somewhat
more encouraging to-day, but in the
absence Of stocks, there was little dis.
position TO either praise or censure the
course events have taken to-day. Liver
pool reports a good demand, with sales
of 1900 bales. New York futures
irmer, and spots firm at unchanged
rates. Locally there ia nothing TO re.
port in sales or receipts.
miscellaneous.
The New York Bulletin says 1.-THE
only demand as shown was from spin
ners, but II IL believed in some quar-
ters that in q quiet way considerable
business is being consummated on Tor
eign account, aud we hear OF a vessr
to come around from Boston and load
here with 100 bales for Cork fol
orders"
The trade reports from the manuiac.
turing districts Of England are rather
more encouraging than usual. The re.
mark applies TO the manufactured iron
trade, as we'll as TO textiles. Large or
ders for steel on Russian account werC
in course of execution, and other Con
tinental buyers were taking larger sup
plies than usual. Some branches o.
Birmingham trade were also looOkinl
up. A letter from Leeds says: "Tradr
Is undoubtedly better throughout tht
district. Every branch OF fancy good
is sharing In the activity. A remarka
bic Improvement has occurred 10 ship
ping orders, the Continental firms a
London, Manchester and Bradford
buying almost all the low class good
which they can lay their hands on at
triAing reduction 10 price,"
Townsend, Montant u Co. held
peremptory trade sale Of over 200
cases Richmond prints, 10y order G
Messrs. Van Nalkenburgh Il Leavit'
selling agents for the Richmond Manu-
hcturing Company. The sale wa
made on a credit Of GO day, and price
were guaranteed for 80 days. Their
was a very large company OF lirst'ciai
local and Interior jobGers, and the sal
was n spirited one, but The prices wei
rather lower on the average than w
expected, owing in part to some mi
dium ETY. les being included IN the o
fering. The goods were widely di
tributed, mostly in lots of lroI
one to five cases each, and the So
amounted to about 100000. II
following were the prices rea
lied Richmond's iancies, q 10 6lgt
do grays, 8@6kC; Barclay second
SIC to SIC. Very few goods wer
however, sold at the lowest figure, al
the average price was G1Sc.-N n.
Bulletin.
The Picayune, in its report OF Mo
days cotton and the receipts VI Il
new crop, says: "The demand W.
confined to two buyers, who took Il
amount noted above In two equal loI
A good style of Middling, pretty eve
running, and with good staple, sold
lie. Average lists or small lots ron
-. .f.L.I 49, a. 1n7 a. nr whi