The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-05-21
Commercial and Financial Matters.

There was no abatement yesterday In the
| excitement over the cotton deal, and the rapid
advance In prices. Liverpool was stronger and
higher, as was also New York. and under these
influences the staple was marked up another
quarter of a cent on all grades, Middling Fair
touching 1896 Sales 900 bales. Futures In
| New York for July and August went beyond
| 14c. closing for the former month at 14.020D
| 14O4e, against 1364c On Monday; and for the
latter month IA. 1001t4 14c against 13766ef377c
on the previous day. The Liverpool market
Oh arrivals advanced 1-16da332c closing firm.
The stock Of cotton In New Orleans was yes
terday 65,95S bales, against 105,273 bales ut the
same time last year. OF this Is, 225 bales are
ON shipboard, against 81, $50 bales last year,
and 46, 1893 bales on shipboard (unsold), against
67, 1888 bales the same time last year. The
stock at New York is 1868 bales.
Business at the sugar sheds Is steadily
dropping down to q strictly summer basis,
The crop Is marketed and the trading is con-
fined to the stocks In the hands Of specula-
tors. Prices for both sugar and molasses are
firm, with light sales in jobbing way to the
local trade
At the grain landing there was a fairly
active movement in corn, but at slightly
easier rates on white corn. Oats and bran
ruled quiet and steady at prices of the pre-
vious day.
Provisions show very little animation.
There is some demand for mess pork, but the
supply Is limited and holders are firm at q
nominal advance of 1211a025 cents per barrel
without sales Cut meats are In large supply
and easy.
No further change has taken place in the
-four market Supplies are light, and the de-
mand being active, prices are strong. The
sales yesterday amounted to 4476 barrels Of
which 1000 barrels were for export, the mar
ket closing with q strong and buoyant
feeling.
Four vessels cleared yesterday with STA
bales of cotton. The steamship Lena, for
Liverpool, carried out, besides cotton, SoO1
bushels of bulk corn.
The movement In public securities continue
to be exceedingly small. There was slight
improvement In State Consols, they closing
firm at 50@5O1+, against 497s@50 On Monday.
Premium Bonds showed no change from the
previous day. The sales at the Exchange
WlOOO VI
Premiums. Outside the Exchange there were
sales of $50, 900 of States.
Even millionaires have to pay some tribute
to public opinion. 1t has just leaked out that
William Il. Vanderbilt was SO much worried
by the current comment on his affidavit OF
last winter that he hadn't any personal prop
erty liable to taxation that he finally walked
UP to the captains office and planked down
Sl2.75O, being the tax on half million dollars
which he volunteered for assessment.
Flour from St Louis to Rio de Janeiro has
heretofore been shipped by steamers, but the
Republican of the first named city is In
formed that clipper sailing ship would
leave New York early in June for Rio, and
will carry flour at 81 Al per barrel from East
st. Louis, which is something less than by
steamer, and it is probable that shipments
will be made by her. Clippers make only