The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
RecefDte

In commenting upon this branch of trade
| during the commercial year which ended on
the thirty first day OF August, we desire first
to call attention to the influence which assured
| deep water through che Jetty Pass had In
| directing shipments by the river route Per
haps no other one consideration was more DO
tent In bringing about the Increased business
OF last year. Previously go many delays had
occurred from the grounding OF steamers In
Southwest Pass that shippers were little dis
posed to patronize the Southern route. The
simple fact OF uncertainty was enough to pre-
vent any considerable movement, and it was
not until Capt. Eads had verified the feasfbil-
lty Of deep water outlet to the sea by his
jetty system that our grain trade began
steadily TO grow, the receipts since then
having at no time been equal to the foreign
demand upon this market This steady
and persistent foreign demand has
been and still continues tn be the
feature Of the trade. which affords the most
conclusive proof OF not only the possibilities;
but the great probabilities OF the future Last
years business was o fair test Of all the as
sertlons made by the advocates of the South
ern route 1t tested the Feasibility Of the
route as to cost and celebrity OF shipments.
and in its practical results put Mt rest forever
the ISLANDERS SO industriously circulated re-
speeding climatic influences It Is true the
early arrivals OF grain at this port were Of an
unsatisfactory kind; but so also we're they at
other ports There was very little grain any,
where In the West In n fit condition for for
elgn shipment at any time during the fall and
winter Of 1877 8, and 1t was not until after the
spring months were passed that the Corn pro-
duced In 1877 was sufficiently dry to render IL
certain that shipments to Europe would ar
rive in satisfactory condition After that
period all the Governments made from this
port turned ont we'll: indeed, it is not rernem-
bered that single cargo forwarded after
May arrived MT any foreign port In an I'M
sound or unmerchantable condition
We call the attention of the reader 10 an an
parent discrepancy In the receipts and ship
nents Of Bulk Corn the latter having been
larger than the receipts. This resulted from
an over-supply Of sack Corn, which led to it's
being unsacked and forwarded in bulk.
Attention Is also directed to the very graft
lying increase In the receipts and shipments
Of Wheat, line Of expectation which con-
tinues TO rsn smoothly increasing from year
to year Formerly our business in that cereal
was scarcely worth mentioning, having
amounted to only I577 100 bushels In 1876 IT.
from which figures the movement mounted
up to t,t2o,375 bushels In 1877 r. Not less
remarkable was the sudden Increase in the
Of Rye through this port. The re-
oeipts in previous years were so lnconsdera-
Die that they were not even tabulated: but
Turing the year under review the receipts
rnnphnI hue hrl,
go, 8G4 bushels.
Below We present tables showing the
monthly receipts and shipments Of Corn.
Wheat, Oats, Rye, Bran and Hay, and also
ne fluctuation Of prices Throughout theyear,
al compared with 1aovements and priCss the
previous year: