The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-25


uork lii particular was marked up acc on rates
current the day previous. holders refusing to
sell round lots mt the advance. Dry sailed
meats and lard were firm aud bacon. owing to
scarcity lii the supply OF sides. WIS heft ut ttt1
advance Of ssGaAn on prices current at the close
of last week. The receipts OF the week were
light, as follows. Pork. 2seo barrels: lard TAG
tIaroes and POO kegs; packed meats-bacon and
dry salh--tus casks and 7as boxes: hams. 2tb
tierees; meats LID bulk. 1o.s7o pounds.
Among the imports into this port yesterday
We notice that of pss bags 81 coffee from Vera
urus, hy steamship jamaican.
State eonsoE opened yesterday Mt a. and
closed nit 4aa@4sss against 4aa@4tis on Thurs
day. Premium bonds opened at 2as aud
closed ut 7ass@2sA against 2aa2ais on the pre-
vious day.
There was large meeting last evening of
the members of the Cotton Exchange TO con
slider the subject recently mooted. os the
adjustment of the brokerage of Y per cent.
raid BY the factor to the broker on cotton sold.
The conclusion arrived at, we understand was.
chat there should be no change made In the old
established custom In THE respect.
Coffee Ia on the boom. as we'll rs wheat cot
tom provisions, etc The price is going up
rapidly, owing To the prospective falling off In
&c the supply of the fragrant berry OF Rio de ia
metro. The receipts of coffee Mt this port from
lilo this year have been very liberal. amounting
no far to 4ap44 haas In excess of the receipts at
the same time last year.
Dispatches disclose the fact that the inunda-
lions lii the Spanish provinces are among the
most terrible disasters VI the age. LII the Mala
49, rsAtr
swept away By the floods. The damage to
property IL estimated AT eo,on,ooo francs Ii IL
estimated that not less than 1000 people were
overtaken by the flood and carried out to sea.
where they persisted.
The relative prices OF provisions Ii the New
Orleans market for the past two weeks are as
follows. Pork sll Bn@l2. against SO 7hGail per
barrel last week; bacon shoulders SIC. against
4ssM6c last week: clear rib sides ese. against
nd last week; and clear sides ahc against ESQ
aiae last week. Hams e@ese, against a6Oloc last
week. sLard-retlned 7e. againet eaa last
week. -
The ut. Louis Times. Journal OF the twenty
snconti Instant says: Capital is beginning to
seek Investment In real estate-for the first
time lib half dozen years, and II Is siRnii-
can't fact that the owners Of good property are
0GE HH AnNtOus TO sen hS tue3 nave ussb. 1Ae
reason ID that they can now better afford to pay
i their taxes than they could for q few years
past -
81 While rejoicing over the greatly increased
prosperity that enabled us To export sir TIT
worth of products during the last fiscal year.
We are Inundated BY the fact that only $l2a.bsa
sss III about ones sixth u that vast amount was
carried I'M American ships. Not less than tleo,
nhnhI "a
paddy our producing classes To the owners OF
foreign vessels, because we haven't statesman
ship enough In this country 10 encourage the
building Up or q commercial marine.
Tar EXODUS AND CoTroN.-The impression
seems 10 prevail In certain quarters that the
South is dependent upon negro labor for tta
cotton crop. Tha Raleigh Observer centradicts
more MOI mistaken notion The withdrawal Of our
entire negro population would certainly psos.
a er rich aSd ann pRnt Of
coast u Texas. and extending inland greater
Oh less degree, according to the extent Of the
tion. Throughout this tide water region aud
the ioWlands DC Mississippi. Louisiana and Ar
sheTe wGad fSnW re-
n But the effect to the South at large should not
pe overestimated.. LII North Carolina we To. day
negroes. More than half the labor iii Georgia
and Alabama 10 white, while q still larger pro
norsn q spep Is nane by the n Whites h IN s
missioner ot agriculture q Georgia states that
more than fifty per cent of labor Ia that State
There liz. besides, another element entering
into Che problem The culture OF cotton, which
Was II
the uplands throughout the South 90 that now
By far the bulk Of our cotton is produced upon
the best half Of the crop, but the locality Of Its
growth has been changed. and the bulk Of II II
II II That PET Gf the senth Thera wh NJ
cannot give the exact. figures but we are en-
ahled to approNimata them.
New Orleans and Mobile are the marketing
points for cotton produced Id the lowlands of
Alabama, Louisiana. Mississippi and Arkansas
were IN ses eos aes asan II hee
millions u bales, ID d total crop Of 4:675 COO
I'm lsTa there were raised from the lowlands At
hardY produced sV hs moa baea a. ID a
ny Tssrs Iii ppcaas # I ba
the product Of the uplanas has H.
hall j million to three millions. We again de-
sire to be understood a. speaking only approx
Haiu u5 ii History Of Cotton and the Financial
Chronicle before us, whose figures are entirely
Tsahe 5s The dyisoa he wana seeaos Z
made in neither Of them. and our figures are z
matter Of estimate rather the result Of exact
The idea We wish to present is sufficiently
distinct however. without absolute accuracy
Tt is that the bulk of the cotton is new PRO-
daeFd iii these parts OF the South where Walfe
labor il effective. II. the negro race should,
sSIii be- able to supply cotton eq9al 20 the a.,
anands 81 the world, To ACCOMPLISH THIS YOU'D
take some wears perhaps, put II is certainly So
pable III acc 1mpiishment ,.,.
Nor would the whites engaged 10 me eniuNa-
ffnn III cotton have serions reason 20 regret ene
withdrawal OF the negro---for q smaller cron OF
snttasn III experience has abundanhg Illus
fratvss5. will yield the South nearly o. mucn
M in ether words. our crop Of cotton sells for