The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-11-13
commercial and Financial Matters.

commercial and Financial Matters.
Cotton receipts yesterday were large, inelud-
az 1s. ara bales by river and over 1000 by rail.
nntfnuance of the weather we have had for tn
Kast three or four days will facilitate the haul
no Of the staple to shipping points, and we
hay reasonably expect largely increased daily
receipts henceforth.
New Orleans and Cuba.
We would draw the attention Of the Repre-
entatives In Congress. of this State and es-
3ecially Of this city, TO the restrictions placed
y the Spanish government on our commerce
With the neighboring Island of Cuba. Three or
our years ago we had good trade with 1.-THE
lem of the Antilles" The steamers OF the
Cromwell line. of the Florida line the Philadel-
ohia and Baltimore lines. averaging at least
our steamers per week, kept up frequent
Communication and q lively trade with that
sland. Frequently $4,000 to 10000 barrels of
Hour per month were shipped to Havana
rom New Orleans alone. At present
1000 bbls of -four within the same period of time
ls most extraordinary shipment The truth
Isl, the Spanish government has imposed an al
most prohibitory duty on American flour-aver-
aging from five to seven dollars per barrel-and
consequently we cannot compete with the
10 privileged class have to pay only 81 40 per
Dbl. Recently the Havana market has been
slutted with Spanish -four. though we are only
seventy hours distant by steam from that port
III our congressman and those Of the North
west would realize the importance of this trade
Ind use their best efforts to effect the removal
BIZ the excessive tonnage charges and revenue
restrictions imposed by Spain upon American
commerce. 1t would most certainly inure to
he benefit of the country at large and to the
mississippi valley in particular. Give Us such
reciprocity treaty with Cuba as England has
accorded to us in the case of her province.
ECanada. and we need ask no more.
We will revert to this subject when we get
official statistics.
Bulk Grain by Way of New Orleans.
For weeks past we have been trying to show
10 our Western friends that New Orle ans had
wing abreast of her levees an ample supply Of
owage to carry to foreign and domestic ports
bill the grain that they could send to us. Our
BIT. Louis friends in particular, If their news
papers are fair opponents Of their opinions,
have seemed to be aboring under the errone-
BUS impression that we had no such facilities.
I'm this connection we extracttbe following from
the st. Louis Republican of the 10th inst:
Bulk grain is offered in large quantity on Eu-
ropean orders and the Bee starts at daylight
this morning with $4,000 bushels wheat and
30 600 corn. IL hours in advance OF her adver-
The. Advance elevator had yesterday $4,000
bushels. wheat and 5000 corn. for which they
wanted but could not find tonnage.
1t will be seen that orders for $4,000 bushels Of
grain could not be filed in the above named
city, because there was not the requisite
RIVER TONNAGE.
New Orleans was not to b lame there. She had
as she has, an abundance Of shipping to carry
away. all that st. Louis and several of her
neighboring cities can send to her.
In the st. Louis ReD4bican of the 9th inst. we
I find the report Of long interview between its
commercial reporter and several of the most
prominent shippers of grain and officers of the
Transportation companies, from which we take
4 the following. upon which we will make our
comments hereafter:
bushel of corn laid down in LIVERPOOL via
New York will be 81 cents, and by way OF New
i bushel In favor Of the ieties.
In order to obtain reliable information of the
barge facilities and capacity for meeting the de-
mands Of shipments OF grain from st. Louis to
New Orleans, and to learn what il doing in the
movement of it down the river from this city to
/ two principal lines of barges. and the gentle
men here who are principally engaged in filling
orders for !, European account have been inter
the questions propounded to them, and in
these will be found complete REPUTATION Of the
main objections to the Mississippi and Gulf
routes put forth by the seaboard journals. And
first the presidents of the barge lines-Mr; Fl.
g. Haarstick, President OF the Mississippi Valley
RE. President OF the Babbage Transportation
Company.
leans. Dan you take all that is offered?
Mr.. Haarstiek: We have 80 far taken ALL ex-
eept when the water was low"
Mr.. Lowrie: L believe have so far"
Is all the grain for English ports?
after II is delivered by US at New Orleans"
Mr.. Lowr1eS answer was to the same effect.
Where do the orders come from for the grain
that has been carried by your barges?
Boil, gentlemen answered, from New Or
leans"
How many bushels can you take at one time
Mr.. Haarstick: I'VE have started out tow to-
day tTuesday) of l13 900 bushels and don't think
evil take more 2! ct time ,. Ill.,.
How many towboats and barges are owned by
Mr. ,Haarstick -Four towboats and over
Mr. Lowrie" Two boats and six barges,"
TO garry i 100000 S bushels OF gran per week
Mr. Haarstick We. have the capacity in
Mr.. Lowrie--" That is a good deal. 1t would
take ten boats, and forty barges every week.
Haarstick sends Own to-day TUESDAY 10000
Will you have greater facilities next year for
carrying grain than you now have?
Mr.. Haarstick-"Yes, sir barges and towboats
both.'
Mr., Lowrie: We intend to-
How is the freight rate from st. Louis to New
kOreans and Europe as compared with the rate
from Chicago to European ports2
Mr.; Haarstick: Il am not posted now. From
here T rom New 0eos s to
lo9 pence"
Mr.. Lowrie-"A good deal less. We can de-
liver to steamship a good deal lower than
Chicago can The business is inclining fast this
way. This is a good deal better market than
Chicago for grain; has been for the last month.
and the prospect Is that it will continue So"
DO you ever hear of damage to grain by the
Southern route, occasioned by the cmate2"
but that is also the case in shipments from
Eastern ports"
mr. Haarstick referred really to unavoidable
do, 70 aytn in uroito tba