The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-11-18
Commercial and Financial Matters.


sides large assorted cargo.
The steamship Cordova left for Liverpool
with IS ,o5e bushels of corn in bulk. and the
steamship st. Louis with PLATA bushels.
We notice in the general market great
dearth of Western hams and the consequence
is that an unusual quantity Of New York hams
have been recently ordered and received These
being put up with more care and sightliness.
consequently bring higher prices than the
Western article.
The great dry goods house of Field Letter &
Co., whose store was burned up Tor down. on
Thursday last did business of from s15.0O0-
600 to s2oooo,o 600 a year. There were eight in
surance companes who lost by thies fire, seven
for $4,000 each and one for $4,000 We hear that
these losses will not reach over go cents on the
dollar.
The Memphis Cotton Exchange. on the 18th,
promulgated the following: For the informa-
ton of planters and shippers. and to correctan
erroneous impression still existing In some
quarters, notice Is again given that there Is no
rule in this market prohibiting the use Of side
pieces on bales, or for dockage in consequence
of same being used.'
Until lately housekeepers generally, especial
ly those having pretensions to being gomnaets,
stuck up their fastidious nasal organs at West
ern butter; but great change has recently
taken place in their tastes and requirements,
and at this time Western butter has almost en-
tirely supplanted the Goshen article During
the last year some fifty thousand packages were
received here from the West, and only about
1900 from New York. The fact is that our
Western friends are paying much more atten.
ton to the manipulation and preparation Of
their butter and cheese than they formerly did.
and hence the rapidly increased popularity OF
these articles in Southern markets.
For many years 1t was the custom of Brazil
ian coffee exporters to envelope their bags in
double bags. Three or four years ago this was
abandoned and lilo coffee has since been COM
ing In single bags. Here in New Orleans it Is
absolutely requisite to make this commodity
merchantable, to enclose it in the extra bag.
which is invariably put on by the importer.
This covering Is composed Of linen bagging
to correspond with that of the original package,
weighing only sixteen ounces for which no
charge is made. At New York and Baltimore,
the other great receiving ports in this line. the
extra bag Is put on by the buyer and the charge
made for the same in addition to the usual one
cent tare on the original package. This fact
alone shows how much more fair and liberal
our coffee merchants are than those OF our
Northern and Eastern rivals. Our Western
ing the superior advantages that New Orleans
presents, both from her geographical position
and the mode in which the coffee business is
transacted here. get their supplies through our
market.
The Rivers for western Grain Movement.
fist. Louis Republican, 18th inst.1
1t may be repeated that fresh and earnest
attention in the West is centering on the en-
ployment of the rivers for the transportation OF
gsp o mqftf hnd e 70 Sa hs snR 2
port to foreign markets. Not only is their atten-
ton manifest in the northern cities on the Mis-;
sissippi-st. Paul Dubuque, Davenport, and
others, and our own city as the great receiving
and distributing market of the interior, but
also along the Missouri. and 1 especially at its
trade Of the West from the cost Of railway car
waterways to seaboard outlet. is published the
snbjoined good news" indeed from one OF the
Kansas City Journals. and inclosed to the Re
Amended. one Of the firm Of French Bros
grain commission merchants at Ramsay City;
GOOD NEWS FOR GRAIN MERCHANTS AND EVERY
BODY ELSE.
To the Editor-If barge transportation on the
Missouri shall prove the need OF the grain mer-
chants hopes, then let me, assure them that
r WaaH ed st. Louis and New Orleans are evne
j ing lively interest in the matter. And the
time is near at hand when we shall be able t.
through bills Of iading. The following letters
explain themselves:
OFFICE MISSISSIPPI VALLEY Transportation
Company, st. Louis, Oct. q, 1877.
Messrs French Bros, Kansas City, Mo-:
Gentlemen-You favor of yesterday in relation
to through rate to Liverpool on bulk corn is re
ceived. and in answer to same will say that We
Orleans on which we could base the same. We
hope by spring that ocean freights will be more
plenty. when we will try to make through
,.,+x Nnr trr1Ey
fa'e' 'ef' truly 'f HENRY G. HAARsTIcK.
Vice President.
OFFICE MISSOURI RIVER PACKET Co.. |
Messrs French Bros, Kansas City, Mo:
Gentlepaen-Your favor of the 26th, inquirins
about tS o grain is aa d bs
f5aa Pporoe q the s sab Ct 3 kr D
raneem neI has been made by which such ship
although good deal Of bulk grain is now low goin
tempt bulk shipments from the Missouri rive
this season. If we had anticipated so much
rise II the river has taken dpad place rom
sas City this fall. But ice will be running in
that iriyer probably before anything can b
grain in the spring, and hope your shippers
will also be ready. All that is necessary fo
ssTaors that will reach to h E. " Fve aoU TfS
Capt Gould says he will be here with barge
in the spring. He is president Of the Missouri
teal river man. By that time it is hoped ar
rangements will be perfected 50 that the Barg
Company can issue through bills of lading t.
Liverpool. Now. will you permit me to Civ
you a few figures. showing what the farmers G
Kansas and Western Missouri will gain by sue
an arrangement? We will take market value
ruling at present. and present freight rates as
basis on which to figure:
Cents.
Corn is worth to-day in Liverpool, per
bushel, about .....-.--.--.....-.. 81
Freight from New Orleans to Liverpool
to-day ......-........... .............2Oh
Freight from St. Louis to New Orleans
To-day. ..-..---.-....-...
Estimate of freight from Kansas Cityto
Estimate com mi ssions, insurance, ETC.. 61s-42
Net at Kansas City .....-........-....... 40
Corn is selling here to- day at .........s go
IT how of Re mi