The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-09-04
FINANCIAL AND COMM ERCIAL.
TRADE ITEMS. ET r.,

There WAS fair demand fo cotton yester-
/ 40. and under the infinen se Of the liberal
ansrings moderate busiJ iess was dcne, the
sates amounting to 40 bal 4s.
At New York the spo / market was firm,
NTH safes u 1923 bales, aad 300 bales deiiv-
srsd on contract. In aturas the ns.rkat was
steady, showing NJ h7aHes 81 4 - points
with sales Of $1,000 stes.
The Liverpool ras eket ia reported ~ har5-
enidg, With sales yesterday of 1000 bales.
against 5000 bales sst the same d&te last year.
The price Of Mi filling Orleans Is now eIsa,
against tl-1Gd. On TIE third Of September,
1878. ssma-
The world s1otton supply = placed aS 49,
18l bales, p 6sfhst ,956,G 52 bsles last yesr.
The stof x Of cotton at New Orleans Il -
bales. Sarpts since sepfafaoef !, iS1f oa's'7'
against Era5 bales last yeaF.
Basi' ssss at the sugar sheds f. dNiee' "iSii ~
out a ~ material change 20 prices.
Tb 4 demand for grain IS small afia co'ititi2e1
to t. re wants Of the Ioesl trade
7 4Rs feur sales yesterday we're fatf, afhoa,ie-
10 to about 1900 barrels, which we're Faseh oy
nc local trade. The feeling was quiet ana
prices steady.
Provisions were extremely du1l, and scarcely
sey business was done outside OF small joo-
stng and retail business
IN the paper collar industry nearly 10000
girls, from twelve 70 sixteen years o. age,
are employed.
The coinage executed at the United States
Mint In Philadelphia dnring the month Of
August aggregated !, 591 ,22o pieces, valued 1t
s2,233 497. OF this amount ,87G,0 were silver
dollars.
state Consols closed steady yesterday at
s715Nz37s4, against 2794a381f on the previous
day Premium Bonds ruled At S4Hll24Ia,
against Z3z41lzg1I on Tuesday. No sales re-
ported. ".5.5
The amount Of bulk wheat lost In the three
barges of the steamer Glfnore's tow, which
were sunk by the storm u Monday, was
79y0t5 bushels The cargo Of one of these
barges WAS insured Ia ST. Louis; The wheat
on the other Dargss was insured 10 this city.
English cotton spinners hold 10000 bales
less, and Continental spinners 4.oGo bales
more than At this time last year, being net
deficit Of rs ,00@ bales, which, with the decrease
ofe0,0oo bales in tte visible supply, makes a
total deficit of 1876 900 bales.
The National Bank Of ths State of New
York, which for several years was the Clear
ing House III The old Gold Exchange, has de-
cided 10 offer similar Clearing House factit-
ties to dealers in United States bonds, the set
Elements to be made at the same charge and
subject to the same rules.
The Edinburgh Scotsman says that re-
fPf ia In tnn salaries of fYtfI-
GERS and ~, per cent III the wages Of work
men has been resolved upon by tins NORTH
British Railroad Company ID eonseq1nee q
the prevailing depression in trade The re-
duetlon will affect 1880 persons, and viii
make yearly saving Of $4,000.
The London Economist Of last week says
aThe rate OF discount foc bank bills, sixty
days 10 three months il ~ to IA per cent,
and for trade bills, sixty days 70 three
months, is Il To 2 per cent The progress o.
settlement and the wetaess Of the weather
have checked business On the Stock Exchange
A fractional relapse Of consots and depfes
sion of American railways have been the oni
interesting features. Bank shares ara tfibf
weaker, though the prospect Of dearer fnone5
woud not W. without advantages TO tbs
banks The continued wet weather Of tn
early part of the week has, as y rule, con
trary to expectations, not affected home rail
ways The fall in cons0ls is solely due to al
verse weather and the bullion Withdrawals
for America. 5@"4.aYm
The Savannah Ca News, in It's annual re
view of the rice crop, published IN the frs
instant, states that for the past two years tn
prices obtained for this grain have been 81 r.
Iaunerative ~ to make the cultivation Of j
one of the most profitable investments Il
that portion OF the country, AMI the demand
for rice lands has steadily increased fron
year to year, until now the river lands ar
nearly all taken up. The upland crop g
dimlnutive ten years ago is also rapidly In
creasing. The News says the crop now con-
ing 81 market fths first Of which was receives
on the twenty-figth Of August il regarded 81
one of fine promise, and Judging q tht
prospects Of the now fast rpshng grain
will exceed that If past years, The follow
ing Is statement of the yield in tierces
the States Of South Carolina, Georgia an
Louisiana from 1919 to 1878:
o. is1t ~.
South Carolina .-.,..@ 500 47,ss ~
-Iu,N er !