The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-11-13
FINANCIAL AND COMMERCIAL.
TRADE ITEMS. Eric.


vanee Of I'D st Liverpool and Ice at Nav yorh
anI consequently this market erenel higher
HUT aa HI the day tile Intelligence from Nav
York regarding futures, showing 4 dtcp W , IT.
points. eatasd our market 10 lose 1T hnnyhn
w. Heaera, thinking that thair property
should bring more money than wac onered ly
buyers, atpnnad selling. and lha market closed
easy. with sales of only a1na bales. heaias $40
bales sold after hours on the previous day.
At Liverpool the aRles " cotton were large.
amounting TO 10000 bales Of which $4,000 we're
American The receipts at TINT port wata laht.
haing nnlr 1900 baaz-nll American. m@"4@
The sugar market here was eteadler yestar-
day. and the prices Of The day before were tnly
maintained. Itneelnts aaa hhds, MoaasnH was
lower hnt active iha decline being ~ cents
per gallon. Haaeipta 1890 hba.
Business on The grain landing continues dull
tbe stocks are n t,,ple tp meet the demand, which
lib altogether local
The salaa OF tipnr yesterday amounted tn
only aTs barrels TO the local trade and 1000 har
PALS FOR eyport. The tone of the market was
weak.
Provisions, III The trailing Yesterday. were
saar In the early part Of the day Int The failing
subsequently improved and both utieas and
demand wefe better ut The rlnse Mana pork
-waa marked up 9EaHoe dry salt shoulders were
active. and holders aatad ~ advance " ~ ~
bacon.
tlutN1NE On the NTH of last Inne uunina
sras bit On the free let: aud although prices 81
most drugs h.va since riasn, and the price nt
;,uinne has advanced III Europe one shilling,
the price per ounce Of untnina ia reported to
have fallen Ia this country from ~ 80 ~ "A ao
y This ~ Il vast saving. ought to be- TO con
Halnats.
Tile new mammoth steamer of The Morgan
Line the Uhalmatte, whose arrival On
9srueeday we mentioned yesterday morn
g,a, unieaied and cleared Yesterday
with ara cargo, consisting Ia part "
aasa bales cotton 1iae sacks wool Faa rasas beef |
sea hass . flee. elo hoasheads sugar bis barrels
yaclassea, Ils bales hides etc. etc. Quick work,
There WINS hut vary little movement yesterday
fn the market for public securities. aud the
sales Ht the Stock Exchange amounted u only
tao.ubo Of State Oonsps aud $1,000 Of Premium
Bonds. States closed at AZ, against 4tcN4lA on
Tusalay. aud Premiums ruled At sph@2ps
aRainat aniseNaaa Oh the previous day. Stocks
we're quite active. AT New York there waa
salh be siuO 900 State Conapls MT a..
HArHs rslNa HEu,a1EnEp LHrrERs -some
banks ara commencing tho use of registered
latfere for the transmission nf currency III the
West, where this method Ia freely employed
Vii iii ner sieoD, where not more than sloooo IL
seat on amy one day. The saving ariaaa ffon,
the fact that express rates to many of the points
where the currency is shipped are as high ~
NIB 81 Der siopp.
BANK TxcaA NaEs.-A comparison of the ay-
changes OF the leading cities Or the country fnr
the week ending November / this rear and the
CORRESPONDING week of Inst year. shows losaes
fn the following cities only. San Francisco es.7.
louisville Il Z. Syracuse 400. All the others
have gained thus. New York TIL, Boston Al 4
philadelphia 7Tns Chicago T4a. Baltimore G7a.
Cincinnati qna. Et. Louie 1870 New Orleans AT 4.
Milwaukee 5u,a. Pittshurg aa.l, Providence Al 4
Kansas City i1a.p. Cleveland to,a, indianapolis
Ha.s. New Haven 27.B. lowell all.
yinAIN FoR NEw DHhEaNs.-The AT Louis Re-
publican OF the eleventh says. Wheat il going
out freely from 81, Louis elevators to the river
Tor New Orleans and foreign export and the
Exchange statement Of yesterday shows n re-.
ductioa from the previous saturdays 81 l2B AYR
bushels. The rail movement haa about ceased
Tor the present, but harGes will steadily load FIT
New Orleans until the amount contracted for
foreign delivery haH been filed On the sixth
Instant a tow Of the Mlaaisairri Valley Trans I
portation uampanyd parted with vi ies buahela Z
Tho stock Of corn IL alowly lu steadily ncrnas-
Ing. =
la
IMPORTANT REauLATIoN.A postal equation \
which has been III force IN several months ar
pears TO be very little known among business
men, to whom II ~ VT Home peruniaty interest. &
Under ita operations Att nnrecaiptel bill "
Statement Of accounts can new ~ mailed III
an nsealei envelope at n pnetase Of one cent. {
10 receipt n bill or to write upon II nny such
words "a please remit viii. however, subject
it TO letter rates Of postage. but 4 request for ,
remittance may he printed IA part Of the hend. |
Newspaper publishers have the right to iuoloae !
with their napera either recetpted " unracept- .
ed bills, but tho addition " any written request
evil he treated rs an infringement of the law I,
V A MtsrARE or w MrtrioN. Mayor Cooper. OF !,
New York haR called the attention of The con i
trnller to All error NJ nearly \ million dollars III I
hIs budget for 1874 which. H. sava has boon :,
there ever since the estimate was made M. n =
gsar ago. HI says that III the estimate for ts1p II
S9 hnn, 900 WAC put down aa aecruing tx the gena-
ral fund from thu sinking fund while this yaar "A
only sf,sno,ooo appears under the same head q
The controllers clerks any that thn bonded iu- Y
dehtadness hi accounts far thc difre, ence but =
the mayor SAYS that THE bill took afrea ia June Il
sass long before last years estimate was mado I
VIZ. and that the mistake has bcen carried !
through all this years business y
y THE CLEMENT ATTACHMENT AGAIN.A cor g
respondent of the Savannah News snys the Vi
Clement attachment has been pronounced I'M h
practicable hy some IF the best cotton manu- ~
faeturers OF the South. Tne correspondent Ia = =
evidently under the Impression that the attach b
Knent IL Intended to make cloth for he pralcts u
that none or the large factories IA Georgia will 3,
resort to the attachment to make their enter III
prise suoesssfu though II In said by the ATTAIN q
sa Constitution that the largest mill In Column Il
hue IL using All invention similar ia all respects
Co the Clement II spinning yarns from the
seed cotton IL muraetirnhl- then the Clement
attachment Is impraeteable The invention ~
a mill unto itself. and may be made AZ large or
as small as the capital Of those who desire 20