The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-05-31
f,ommercial and Financial Matters.

VNI1AlGA 1AssA s&ss'a
me downward tendency In cotton received
check yesterday There were no regular
-a,,nea from New York4-the Exchange at
.hat elty being closed on account Of Decora-
Am Day-+but Liverpool sent favorable re-
..orta. and that brought out buyers In consi l.
arabic force, who operated freely at I'll ad-
vance of NC on Good Ordinary to Middling
grades. Sales 1900 bales. The sales Of the
week foot up 1895 bales. against $500 last
week and IL. $50 bales the week before.
The following are the fluctuations In cotton
tMiddllng, during the past seven days Fri
day 1870. Saturday 12s4c, Monday 12a4c,
Tuesday 1870. Wednesday 12lac, Thursday
INC, Friday 12ttso.
Sugar and molasses continue quiet and
steady ut unchanged prices. The movement
OF the week has been fair.
Business at the grain landing continued to
attract favorable attention. The supplies Of
corn were light, and the demand active, and
prices. as for several days past were strong.
Oats were also scarce, and the supply below
the demand, In consequence Of which the mar
ket was strong at yesterdays quotations.
There were no sales OF hay, but the supply
being meagre prices ruled firm at previous
rates.
The flour market did not show any material
Huctuation during the past week, but prices
were steady to strong throughout. Inc re-
ceipts show falling off, compared with the
previous week, Of 300 barrels. Yesterday we
made an account Of the stock In the hands Of
receivers and principal dealers, and found 1t
10 be only 1900 barrels. This low supply.
and the not very encouraging outlook Tor any
increase In the current receipts, tended to
strengthen the views of holders The par
ticulars OF the receipts and distribution Of
the month are given In our regular flour re-
port.
Provisions during the past week have been
steady, and the fluctuations, though light,
sre favorable TO sellers rather than to buyers.
we note d nominal advance lii mess pork
bacon and dry salt meats The tone of the
market yesterday was firm, but the trading
was light.
During the week State Consols have de-
clined from 4s11Sa4a, the quotations Of Fri
day of last week. TO ID sCdsa6, at which figures
they closed easy yesterday. Premium Bonds
have undergone very little change during the
week, having fallen Off only i. closing yes
terday at 2Gtt40p2Glss against 26as0e2Bss on the
previous day. The sales yesterday at the
Exchange amounted to $a5 900 Of States and
$s1, 800 OF Premiums. The sales Of stock q
were quite large and Mt good prices.
The steamship BraunschweIg cleared yes
terday for Bremen with $4,000 bushels Of bulk
corn and 99e9 bushels OF rye
At the recent fire In New York the cotton
400 bales-was go badly damaged by fire
and water. that the salvage 1t IL thought,
will DO only about 30 per cent. The value Of
the cotton is about S2s2ooo, which would
make the loss on cotton about 100000
The excess Of exports over imports for the
month OF April is only $l2oooooo In round
numbers, against about "a, 600, 900 for April or
last year. Heavy purchases OF foreign goods
will probably account for much OF the differ
ence.
St. Louis puts Ia u claim for the prize saw
ings bank defalcation. The cashier OF a Ger
tain bank and confederate outside have
managed, by IN elaborate system OF checks,
drafts and other papers, to rob the bank for
three years without being detected, and have
succeeded In making away with 100000 OF
the funds.
Pork packing at Chicago since the close Of
the winter season aggregates about $4,000
hogs against $685. 900 last year. The packing
at Interior points Ia about $4,000 hogs, and
the packing Of the West Ii stated to be In ex-
cess OF that OF last year. The stock OF mess
pork In Chicago at the close Of last week was
estimated at $4,000 barrels. and that Of lard
ut 10000 to l75,0oo tierces.
The Railway World estimates the total
number Of persons employed on the railways
of this country at from 100000 to 100000; that
nearly 100000 people depend upon the wages
and salaries paid by railway companies for
support; and that the amount paid out an
nually to employees OF companies and per-
sons who furnish them supplies of various
kinds, ranges between $3Oo,ooo,ooo and $500
100000.
The Chicago Tribune of the twenty-eiRhth
Instant says: Although there was a decrease
81 !, $50, 2o1 bushels In the local grain supply
last week, the total stocks In the elevators at
this point On last Saturday amounted to
f,222,7a5 bushels against only 21s9,151
bushels year ago. There was an increase
u the supply OF oats last week Of 27,992
bushels, but the registrars statement shows
adecrease during the week OF 500, 800 bushels
Of wheat, e56,5st bushels OF corn, 1903 Of rye
md %, 30s OF barley.
Few people have correct notion OF the ex-
tent to which artificial Ice is being manufac-
Mred In the South. The success of the pro-
GEES employed has been so marked that from
Florida to Texas the machines are being put
fRoperation at frequent intervals. The actual
cost Of manufacturing ice on The St. Johns
river lFloridal is said to be but seventy cents |
Atom including the storage and delivery. AS