davidaulloa/AmericanStories huggingface dataset:
The New York herald., 1877-08-30
COMMERCIAL REPORT.

COTTON /: SPOT 1-16c. LOWER; FUTURES CLOSED
QUIET AND sTEADY-FLOUR UNCHANGED
WHEAT LowER-CoRN FAIRLY ACTIvE--oATs
1C. LowER--wHIsKEY LowEH--PoRK QUIET
LARD QUIET--PETRoLEUM FIRM Spirits TUE-
PENTINE VERY STEADY RoSiN UNCHANGED
COFFEE sTEADY-sUGAR H1oHER-rREIGHTs
STRONG.
WEDNESDAY, August 29-6 r. ~
There has been more active movement IN most
dcscri iptons Of merchandise today, al values which
indicate toleraby steady markets. On Change -four
was In moderate demand at about former prices.
Wheat declined C a c., aud sold TO fair extent.
Corn was demand at about yesterdays prices while
oats at Ic decline showed dulness Whiskey declined
1c. and closed heavy. Pork and lard were without
IN uch change. Cotton the spot fell 116c futures
closed quiet but steady Petroleum was firm spirits tnr
pcn,ino yery steady. Ro.in quiet Frcights firm.
Coffee was steady. sugar AS higher.
CosYrE.-A seady market for raw with sales of i.23s
bags ex Albion l6Ac for good ordinary, and 50s do
ex-Nora on private Al baltimore there sales
Of 576 bags alia and 442 do exSenerita both
private Mid coffee quiet The business for tho
week IL summed up ~ fellows 2+0o bags Marscsspo.
$50 d. Lasuaya, 253 do. 81 Domingo. 200 d. sAysnI
The New York herald., 1877-08-30
FEDERAL OFFICE AFFAIRS.

Although Surveyor sharpe returned to the city yes
terday from his vacation thero has been action
nd on tho removals OF inspectors and inspectresses
as ordered by The Treasury Department. As to-mor-
row Is the last day OF tho month u Is thought that
the reductions Will thon bu made.
Mr. Levy n. Morey, an inspector employed ~ tho
Custom House TOR several years past has rendered hts
resignation to take effect tho 18th OF next mon h
Mr Morey proposes TO retro TO his native place IN
Yates county after leaving tho public service
At O'Clock last evening delegates OF the letter
carriers from the various stations OF tho Post once
and tho General Once met in oi the rooms OF
the new Post once Building Tor the purpose Of getting
up memorial TO Congress, setting forth their grev.
abccs IN having thcu scanty salaries reduced com
micc 10 draft suitable petition 10 Congress ap-
pointed, aitcr which the meeting adjouruod
The New York herald., 1877-08-30
FINANCIAL And COMMERCIAL.
The Stock Market Active
and Changeable.
GOLD 1C4 1-8 x 1C4 IA.
Government Bonds Weaker, States Dull
and Railroads Irregular
Money on Call 4 8 Per Cent,
Closing at 2 Per Cent.
WALL STREET,


WEDNESDAY,, August 29-6P
The bulls who have been siasning about with such
defiant elevation OF horns aud tail got scent OF the
shsmbles this morning In the news which came OF saw
ipgs bank troubles Chicago The effect imme-
rather startling In the sudden pressure to
sell following closely upon tho heels OF tho former
buy and tho bull party seemed Tor the
mont stunned aud ailed TO como to the until
prices had slipped OF from u to "a per cent. The
greatest decline In Michigan Central being closely
followed by the Western and ST. Paul shares, with
Rock Island ia close attendance. An impression pre-.
vailed that the suspension Of the Savings Bank
IN Chicago might lead to upon other institutions
Of that city and create financial panic which would
force 4 sale OF the above securities, aud with
this view not only the small holders but the small
rushed in to SELL In the afternoon, whom
came that the trouble not likely to extend and
that rotten spots were at present visible,
sharp rally ensued and the sellers OF the morning
realized that they had sold themselves
well their Rock Island however
refused 10 recover It having to contend
against q reported railroad accident and a
German incubus. How bad tho FIRST is VIC do not
know, bat Mr. II. Riddle, who appears to be official
teographs that has resulted in consderabe loss OF
life and injury to passengers Will give fuller par
tculars by mail" The Jealous haste TO relieve tho
minds OF ANXIOUS friends and relatives suggested
the last paragraph Is highly worthy OF commenda
nonit leaves some opportunity for guessing" how
evcr which ought TO be Mr.. Riddles strong point.
Tho strength which tho market achieved in
The afternoon, after tho hard blow In the
morning. In great degree orders from Sara.
oga the managers Of the advance beng compelled to
keep tho of prices up 70 pitch until the
public snail been induced TO join the chorus
Just now they have music such is offered
thcm and evince Of relieving the bulls OF
their repertoire Of long stock
Gold advanced to lo43S in the afternoon, closing at
l04x. Mr.. Sherman will sell 81, 600 600 on Saturday,
will pay out ST. 900 the LIST OF September
the shape Of interest the top-forty and four and
half per cent loans.
TO-DAY.
New York Central, Ii, 700; Harlem, 200 Erie, l. 700;
Lake Shore 80 s95; Wabash 100; Northwestern 800;
do preferred lS 200 Rock Island Il, 7Oc; Milwaukee
aud ST. Paul. 6,400; do preferred TO- 800; Pittsburg,
200; Delaware, Lackawanna and Western. 16, 700;
New Jersey Central, TOO; Delaware and udson Canal,
e,7oo; Morris and Essex, 1900; Michigan Central,
N,o54; Illinois Central, 400; Union Pacific l.025;
hannibal and ST Joseph, 900; do preferred, 500;
Ohio and Mississippi. 800; Panama, 5000; Atlantic
aud Pacific Telegraph, 1920; Pacific Mail, $3.50;
Quicksilver preferred, $50; Wells, Fargo Co, 200.
OPENING, HIGHEST AND LOWEST.
Tho following table shows the open ing highest and
lowest prices OF the day -
The New York herald., 1877-08-30

100 do Mexican and 7so do Ceyon All sold In lots for
consumption within The stock OF mild coffee in
hst hands is 27oe2 mats singapore and % 55s bags In
Guiding 20 e4 bags Macaoo 2of4 do. Lsgusyra .7,s
do ST. Domingo. 23if 90 Costa Rcs. 3.707 do Mexican
AIN do. Anrostura and i3os do svanA We quote -
Ordinary cargoes 1915 Ito; fair do. is4e isizc
good DO. lsbsc 2oc prime aol4c 2oac sxtrems
tor lots loJsc e2a Santos. fair TO good Ise
i9i&c gold. % days. Java governments bags. 22c ac
do, grass mats 22c a4c singapore. lsc 2olsc; Cey
lon. is]sc 2o'sc.; haraeabo isc lelsc Laguayra
is1sc roc. Jauaica. IKE iac ST. Domingo. ietse
i6Nr Porto Rico. isc zoe Costa Rica, lsc. 2le
Mexican ls>sc 2c MhcassAr, loo 2o1sc AneosturA
loc 2o93c. savanilla, lSc 20 CurAcoa, lie. iac
uoro1-fhe market for spot cotton was inactive and
ll6c lower. Futures opened about o points sher
under favorable Liverpool but the market weak
ened and remained until the close when the market
strengthensd lttlr and closed quiet. bu steady and
point higher on Augus points higher september and
potnts higher on the Inter months Tho closing prices
to-day. compared with tuesdays. were as foliows:-
The New York herald., 1877-08-30
stock Cascertaincd by AZ

Stock tascertaincd By &C,
tnal count. including spec
ulation), August l. 1871.
Receipts since August | -.
iotsis. .ss.s
Sales stnco August I ......
stock this day. Aug. %, 1877
Comparing with stock Aug.
l. ioth .s... ...........
Comparing with stock sept.
]. 1910. ............
Comparing with stock sept,
u. 1919. S..s.......
srxAErsk.--keceipts, 100
kct was sisady but not ~
lV3sc.s and Western do. o.
The New York herald., 1877-08-30
CAPSlZED IN THE RIVER.

George, John. Mary and Ella chardson, OF Patcr-
son, n j. aged respectively twonty, Nineteen seven
leen and ten years went sailing yesterday and were
capszcd on Tenth street. East River. The entirs
party were picked up by the tug Charm and BY nee
tvE
The New York herald., 1877-08-30
RAILROAD BONDS.

RAILROAD BONDS.
Railroad bonds were irregular, and the following
were the changes compared with last previous sales
An Of per cent In Ohio and Mississippi sink
ing funds, in Toledo aud Wabash seconds, and u in
HANNIBAL and ST. Joseph eights, conver,ibles There
was q decline OF 1,s In Ohio ana Missssppi seconds,
y in Wabash nrsts (ex "ouponl do couvertolcs and
Northwestern gold ssvens, - in Delaware and Hudson
registered bonds OF 1894, Union Pacific 1rsts and
u in Union Pacific sinking funds
The New York herald., 1877-08-30
sxcoND BoARD-l 80 p. N.
NEW YORK STOCK EXCHANGE SALES

$1,000 La consol.. ........
COCO Han - 10 S's. .
4UOJ do. So
5000 N W C eis bds...
600 shs Del 4 Hudscu.
The New York herald., 1877-08-30
EUROPEAN MARKETS.
COMM EhC1AL

COMMERCIAL.
LiyxRroof. August 2e-5 p. NJ.
Cotton--Futurcs dull.
IdvErrooi, August 2o-5 30 r. NJ
Provisions Bacon, 3Ss cwt for clear nddcs
und y7> Sd for short clear middcs.
Produce Spirits OF petroleum. TAd per gallon spirits Of
turpcntine, 27s. per cwt
LONDON August 2t--5 sO r. NJ
Prodnco spirits Of tarpcusine, 25s ID per The
ket 10 Hat
LospoS, August 1o--Evsning
Cslcutta iinseod, o5A Cd . 6ds pe< Suarte1,
The New York herald., 1877-08-30


dinary. sAc.; low middng, si5-i6c; middius,
10 lice spot sales follows Con iou-
Td.day. fol bales last evening 2b5 Total. 72o baies
Delivered contract 500 bales. For future delivery
the sales were as follows Yesterday, after two NJ
August 100 bale. ut H. sOc september 500 10 s5c
1000 st 10 s,c 100 AZ iOs7c; October. POD TO- 72c
1,OO ut 10 Tie; November. 200 al .sOc December 100
At l062c, 2UO NJ 10 6c January 100 At 10 75c 100
10 74c Mar. 10 at l05c Total. TOO bales To day
up TO two M.-Augnst 500 bales at l0e6c. September
ZOO =. a. iosIs. 600 a lios9e, ins9e, 200 u iosasc.
October 800 ~ 10 77c. 900 10 76c 500 At 10 Use
1900 At 10 Toe 100 O7sc 800 nj IL 7c. 100
4U ut ~ 7tc.. 200 NJ ~ TIE. DO al To- Tie, l.4OO
10 7oc 800 a, io1sc 200 a. l9esc November. 200 At
cember 800 NJ OG7c.. 100 at loe5o, loo AZ 10 65c 40
1O64c., 6pD NJ lnbOc 800 Ut 059c. $40 10 5Sc
Japuary 100 At 10 77e 100 at IN 7Sc 30 10 70c 200
NJ lO7Oc 100 at To- 71c 100 vt 10 70c February 100
10 94c., 4O0 at 10 s5c; March. 500 llO+c.
aotai. isc, bses. grand total. 2a.7oo bsi,.
bales; New Orleans. 2)t; Mobile. 81; Savann .n. lo6; F.;
Charleston, -; Noroik s4 Boston, 99 Total 674 bales
This dsv last week, Alb bales This DAY last year. 23OS
bales. Total slncc september l. 3.9t3.254 bales Co
freights closed follows To iavre, by steam
pool ad. by steam; BY sail 72c. pressed. Market
quiet.
FLOUR AND GRAIN Receipts Flour. 1885 bbis wheat,
1851 bushels; corn meal. 100 bVls. And 80
l46.5O bushels; oats 52.53O do. rye. 4oS6 do harley
matt 81 1857 do Flour moderately active, at former
prices The sses including state Western and southern.
were about 10 $40 DO at the annexed quotations Rye
Hour ruled steady with OF SOD bbs Corn meal
ia moderate request and steady The sacs embraced
,50U o0ls and sacks Ryc steady with snes OF 5000
bushels Western ut b5c &C. and 5000 bushels STATE
be delivered before september sic Barley and barley
...It AZ
The New York herald., 1877-08-30
The closing quotations at 8 P. NJ. were:-
THE MONEY MARKET.

THE MONEY MARKET.
The money market was somewhat higher to. day
money on call lending at per cent and closing at
per cent The following the rates OF exchange
on New FORK at the aforementioned cities to-day -
Savannah, buying =, selling a; Cincinnati. quiet,
buying l10 selling par; Charleston, steadcr, 3-16 a
u premium; st. Louis, 90 discount; Now Orleans,
commercial a. bank "a p; Chicago, dull so dis
count The foreign exchange market was strong with
Inc supply Of bills much less than Of late. The Bank
OF Montreal advanced It's to 4.s3 aud &c. less
but the posted OF the other drawers remained At
Ls21s a4Soh. Actual business was on the basis Of
tS1I a. 81 for bankers sixty days. sterling and s4
a4S5 Tor demand
THE MARKET.
Gold opened at lO4x closed at 1o4k, with sales
in the interim at 1045s. rhe rates for borrowing were
and n per cent and Gat and for carrying 2 and l
per cont
Gold balances 81, ,S36, S3S
currency balances l9lI, 233
GrusS ciearances l5315, 600
;ovsRNMENr STOCKS
Government stocks were lower to-day but closed
strong at the following quotations United states
rency skies. 123H 124; do skies, 1884, registered
l1o1s 1lo4 do do, DO, coupon, Ill = nix; do.
do, 1865, new. registered, 1864 l061s DO. do, do,
coupon, 1861 lO6s do. do, 1867, registered. los 4
alosli; do. do, do coupon, 1Os}S l0sjs do. do,
lsGs, registered, Ill lllh do. do, do coupon Ill
a llIG do tcu-iortcs, registered, 1881 a 100; do.
do, coupon, 112H 1929; do dves, 1851, registered,
1851 lO9f do. do, do, coupon, 1854 1O9x; do.
four and hafs, registered, 1884, losX 1o7; do do
coupon, 40, los 1885 iours 1907, registered lo4s
alo4H
rHE PosgIGs MARKET.
The London sdvices report consos shade lower and
United States bonds down - TO per cent Eric Is or
haM, New York Central y ana Illinois Central per
cent Tho rate Of discount IN the open market ~
up TO "a per cent, the highest for years past.
This is "tickct day. and tomorrow viii DO "lort-
nightly settling day" on the London stock Ex-
change The closing prices were - Consos for money
ami account 95; four and hail per cent bonds,
l06h nvc.,wenty bonds OF 1867, 1o7; forty bonds
los; lives OF 1881. lO7h; Erie common shares 1oh
IL Erie preferred suares. 20; New York Central 9o1s
Illinois Central. 81. In Parts rentcs fell 105G 95c.
but recovered to 1901 2hc. Exchange on London was
quoted ut 25L 3rc.
State bonds at the board were higher for Lousi-
sna sevens, consolidated, TO which dealings
1ned.
The New York herald., 1877-08-30
PHILADELPHIA STOCKS.
The closing prices oi Philadelphia stocks were =
MINING SHARES.

The following wero the opening quotations for min
Ing stocks at San Francisco to-day:-Goud and Curry
9>; Savage, N; Choilar Potosi SO; Ophr II Hale
Norcross, 81 Crown Point Yellow Jacket, 10; Belcher
5; Imperial. l; Virginia Consolidated 80; California
29k; Overman, 2711 Raymond 4 Ely, IL; Eureka G.
", 8; Best & Belcher. ls1s; Kentuck, 8; Union Con-
soidated. 5; Alpha, IL; Meadow Valley ~ Sierra Ne
vada, 4; Mexican, 10; Caledonia, 4; Silver Hill, 81
Eureka Consolidated. 4lH Justice l3; Julia Consoi-
dated. x.
The New York herald., 1877-08-30
PRINT CLOTHS MARKET.

PRovfpvScr, n. l.. August % 1877.
There little inquiry In print cloths without any
change in tho tone Ot prices.
The New York herald., 1877-08-30
NEW YORK CATTLE MARKETS.

Jersey City. .....i.ss7 l.2ii 2,o02
yys.... asa. : 1000 o,I9, e.aso
is. head q ssali.y
" sSs% .: 8 iss s.... vas allowed sss. $
ss siS;ss % s::s sfs.s.s ss,s;: Y.sS. Y
70. sell s Il: plains ::. . p s
10. weight 70 Cherokee s,sors. direct from .he
e. h. sssSs ss"; 50 ias. s :.
ss ss 80 at c is's: s. Ss ~
tsD.o s ss .ss. p I limo: mssh ..ss. 81 !. Gs
II n S es .ss 10, wss Il
los io,sc per b. win Soc per IS
;.sIs II; j. s.
ksasas @ vita 81 S' on per- 's' AssS sSn
Jersey oly ;sra. conay Xcphs,on sold Tor Irons.
pes weight cx 70 Cheresse steers direct from iSs
p. a Nj %sE at .H S %ss
ss I 81 s% ID yFn H.,.s .sS M az o S d @ Fl + III H.
81 s., e''' r. W ':s s .sa 81 s sy.,. 'f ssss,s s
= Iiino. ..ssr. a. ioe per sp weshts cws "a
noi. .Gs Ss
Ie Dsf eos G %s'En x oo. 81 ss .e w. % 'a
weight cws J. T. Pagan sold Tor " !" Wood i 4 uoo &
.sa '' % %''fs' : D'sHs
ISt per H. win sa 81 head ~es. s sx '.'s's 'sns
70 M,s,ss '!.s5 at a. loss per ID wegG: 81 s~n
steers direct from tho plains AT Sc s4 per ID. weight
cwt i02 Missouri steers NJ zoe iie per h. werhtss
sss esF srSn s,s Is ao steer. strsa AZ v.1
weight ga ewt ~ Illinois steers iOe por lb.
weight ~ ewt strong; Illinois steers a. io14e; per
sold for sondne 16 grass fed Virginia she
per n Weight ew I strong Is 'i.siH" I'M steers gs
;iai s z, 10 s''Ss Y I
steer. t' a, lie per &c. ws,sn, Si1 ews, strong
SHEEP AND LAMBS. Trade steady and slow. Sheep
s1s sas at per - S uoa Ssnh.m % L:%s :ss 3H.a.e.
sheep. weight aoao lbs iIsc per lb Canada auSs
i237o lbs Al dc per H. Kase fidcocS SOLD loo Can
ada LAMBS weight $50 lbs at S6 u6i4 los Can.
Gss .%s c.Ssa.
EsisSs sisSs siao ',se s r. 10 Ss..ss ss9i
psrlb - Kirby sold 80 sheep. wcisnt 80 lbs head
Be- ib - sheep. weight loo lbs. head 5c per
I'd .h S lambs ssS MeEsi x M o. S' ps hs.a s s % Pc. p
lambs, weight 81 lbs per head, eSc pof So lambs
weight rs lbs head. At dr- pst b all state stock.
Ssc 51sc H. 50 state lambs, ~eirht lbs per
head, ~ 69se per H. Hume Elliott 90 sold 81 state
lambs weight . 81 es % Per head At sAc pc. iD 90 g9
por To- Davis isenbeck sold IS Canada sheep weight
lambs. weigh, y per ne 3D. ss sJse per o los Cana
ambs, weigh, 90 lbs per head IT sc per NJ 4s state
lambs weight 8s lbs per head, s,sc per 20 ssass
lambs. weisat ~ lbs per head. At es4c per ID.
Mich tows.-No sales reported
vEALs CALvE&-Trsds slow at rates smooth
quality vcsls and In demand At 7c SIC per ID.
Coarse quality calves grass ted Glow and in supply
HoGs.-There live hogs on sale.
The New Orleans daily Democrat., 1877-12-20
Foreign Markets.

LONDON. Dec. 49, 2 D. m.-Flour quiet and un-
changed st 29s Cd. Wheat firmer; cargoes off
coast unchanged: Chicago spring sos 6d@5ls,
red winter sos. California club 62s; to arrive
Chicago stronger at sos sd, CALIFORNIA club un-
ch Anged at 5Ss@6os: arrivals for orders fair.
Cord Sd better off coast at 30s 3d. and un-
changed to arrive at 2ss029s cd arrivals for
dom for the past week-Flour, upwards Of
$1,000 quarters, being about $1,000 quarters less
than for the previous week; wheat, upwards of
$50 600 quarters. or about 10000 quarters less
than during the previous week; corn, upwards
Of IS 900 quarters, which is 10000 quarters more
than for the previous week.
LIVERPOOL, Dec: 10, 1890 p. m:-Cotton-Flat
and irregular. Middling Uplands 67-16d; Mid
ding Orleans Sad: sales 5000 bales. of which
s.uffs dull. Bacon--Long, clear s4s, short clear
35s. Corn--New 29s old 29s 9d@sos: Lard
Prime Western 42s cd. Oats-No Western 3s
Pork-Prime mess Western, $685. Tallow-p. y.
C. London 39s 6d@39 cd. Wheat = Weste N
spring. No. 2 to No. l, los 5d@11s; Western win
ter 11s@11s 3d..
1:45 p. m.-Flour dull and unchanged at 29s
Sd. Wheat unchanged; spring los 9d@11s Sd ;
Western winter lis Sd. Corn, firm; old 29s cd ;
3p. m;-Cheese steady and unchanged; Amer
lean choice GAS. Beef-India mess 93s ;
extra do 113s; prime mess s6s. Pork
67s Western 55s. Bacon dull; Cumberland cut
unchanged at 36s short rib 37s; long and short
clear cd lower at 34s@35s respectively. Hams
long cut dull and unchanged at 4Os; shoulders
unaltered at 31s cd. Lard quiet and unchanged:
prime Western 42s cd. Lard oil dull and un-
pentlna spirits 25s cd. Refined petroleum steady
at LI1113[d
The New Orleans daily Democrat., 1877-12-20
Texas Wheat.

We were informed yesterday that letters had
been recently received here from shippers of
wheat In Texas. making inquiries regarding
the feasibility and prohtableness Of sending
their grain to New Orleans for market Dis
couraging answers. we understand, were re-
turned. The fact seems to be established by the
results of repeated ventures Of this kind that
owing to the circuitous route by which the
products of Northern Texas are now trans
ported to New Orleans. wheat and other cereals
cannot be brought thence to this city at the pre-
vailing freight charges. that will prove remune-
rative to the shipper. For this reason vast
quantities are sent to st. Louis. During the
past three years Texas oats have been coming
to this market, and Notwithstanding the fact
that they bring from to 10 cents more per
bushel than the Galena oats-the best descrip-
ton of Western-the receipts are gradually
falling off, owing almost exclusively to the high
rates of transportation and the small margin of
profits presented
The New Orleans daily Democrat., 1877-12-20
Domestic Markets.

NEW YORK. Dec. 1e.--Coffee nominally un-
changed, but no market Is yet established; Mar
acaibo sold at 18A. Sugar steady: refining fair
to good fair 7a@7A, prime Ia; refined sugar
steady.
$50 .. m Coffee quiet. Sugar quiet and
steady. Refined sugar steady
CHIcAGo, Dec 19:-The market opened with
uary. Pork 81 o71a December. Lard nothing
doing
Union Stock Yards-Hogs-official receipts
yesterday 19 1856; estimated to-day 2OO 900: mar
ket quiet and firm. light grades selling at 81 o5@
10. heavy at $404 %.
80 D. m Morning Call.-Provisions steady
Pork 81 9o@11 92k January s12 o5012 o71s Feb
ruary. ard 7.771a@7. 80 January ;7.s7S07 90 Feb
ruary. Wheat unsettled and easier 81 Os1z@1 Osss
457G@45k December or cash; 4226@42h Jan
uary 41%@42 February; 1904 May.
3 80 D. M, ClOse.-Pork steady; $11 S7R911 90
January; $12 021a@12 05 February. Lard quiet,
7.77h January; 7.s597s7a February. Wheat
firm; 81 09@1 09A January; 81 1901 10b Feb
ruary. Corn firm; Asa December; 4214@425S
January; 41zs@42 February: 43zS@4 May.
CINNINNATI, Dec. 19.-Pork $11 S5@11 90.
Bacon-shoulders 81, clear rib 71G@7A, hams
clear sides s. Lard:z-current make ,777h bid,
prime winter 81s@sA. Hogs-receipts to- day
4344; prices unchanged, ranging from So so to
80. Whisky unchanged at 81 05.
ST. LOUIS, Dec. 19-Wheat-No 2 red 81 20 bid
cash; No. red 81 l74 bid cash, 81 POOL 2O4 Janu-
ary, 81 241s@1 242a February. Corn-46A@46zS
cash, 424@42A January, 421a@42A February.
Oats s-277z bid cash, 261s bid January. Pork
small lots s11 s71s. Cut meats-shoulders A,
nothing doing. Lard nominally. 7.6o@7.65.
The New Orleans daily Democrat., 1877-12-20
The Tobacco Tax.

Mr.. Buckner. of Missouri. has introduced In
the United states House OF Representatives the
tobacco. and to provide for the deficiency in the
revenue occasioned by such reduction. and for
Be IL enacted by the Senate and House of Repre-
sentatiues of the United States of america in
Congress assembled, That from and after the
first day of July. eighteen hundred and seventy
eight. there shall be levied and paid ON all sales
of stocks bonds. gold and silver bullion and
coin; including government. State and muni-
cipal bonds. railroad bonds and shares. gas and
bank stocks. and all other shares or bonds of
corporations, tax of one-tenth of one per
centum OF the gross amount of such sales i;
engaged in the business of buying or selling
such stocks bonds, and shares and gold and
silver bullion or coin. for others on comms-
sion, shall pay an annual license or special tax
OF fifty dollars; and every, person corporation.
or partnership so Licensed and engaged In the
said business shall keep an accurate account Of
that purpose, and shall make report under
OATH on or before the tenth day Of each month.
Of such sales made for himself and others. to
and said tax shall be paid to said collector on or
before the first day Of the next succeeding
mouth and no person. corporation. or partner
ness aforesaid until the said special tax has
been paid as provided by law.
SEC. 2. That from and after the first day of
January, 1879. there shall be levied and collected
on all chewing and smoking tobacco, flne-cut
Cavendish. plug or twist, cut or granulated, of
every ueScrlptlon, ON toDacco twisted by hand
or reduced into condition to bs consumed, or
in any manner other than the ordinary mode of
drying and curing, prepared for safe or con-
SUMPTION. even II prepared without the use of
any machine or instrument, and without being
pressed or sweetened, and on all fine cut shorts
or refuse scraps. clippings, cuttings. and
sweepings Of tobacco. tax of eight cents
pound.
SEC. g. No special tax shall be imposed on
dealers in leaf tobacco after the first day of jan
uary. 1879: nor shal! any farmer. planter, or
other person. producing or owning leaf tobac-
any special tax as dealer in leaf tobacco, or be
restricted or prohibited from buying. selling or
exchanging in Leaf tobacco In any quantity what
such purchase, sale or exchange.
Sec. 4. The Commissioner of Internal Reve-
nue. is hereby authorized to make such rules
and regulations as he may deem needfnl and
proper for enforcing the provisions of this act:
and all acts and parts of acts inconsistent with
the provisions of this act are hereby repealed.