The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-12-10
FINANCIAL AND COMMERCIAL.
TRADE ITEMS. ETC.

TRADE ITEMS. ETC.
There vRa only fair demand Yesterday Tor
a1Afsn aud early In tho day, owing 70 the 70
uottatls reports from New York. there was mn
advance here 81 W.. but subsequently this waa
lost and tho market closed atcady ut me
ursvEouH days quotations. Tho not rNeainfa
mt tiiia port 10 date foot e21.14a iaea. nRahfi
HgT1aa Rt tho same limo last yent.
AZ Now York cotton adv lnrnd 20 per pound.
with aR1aa az bGi hnlaa and ZOO balaa Delivered
an contrnntH the market closing nominal lhe
future market closed weak. With sales q
no 90 bales, there being hut worry aiRht differ
aimee IN tha quotations compared VII those
or the previous day.
Tha Liverpool market was iifl higher hhd
the sales comprised 10000 bales OF |hioh "'"'
fsaies were American. The receipts were latRe
.43 y1r bales of which 10000 wore American
MI The Manchester market was flrn'
1,he damsnd for sugar yesterday waH moder.
-, a.,,, tbA nnrhet easy The good GrRdea Of
s,nan Kettle sugars are scarce and In good re-
s,,teat tho large arrivals this wsak being prin-
afeaiiy confined To the lower grades. The re-
ssain TITS If mnaaHaa have not been large Rnd
nave been freely purchased for shipmHnt. Tho
recatptA Yesterday wore 1919 hoasheada 81 sugar
and gaR4 barrels Of molaaBes.
Rtaur did not meet with very active demand
vastarygay and the sales wore Restricted to tlah
s,arrpla Prices were steady TO strong, To
seIpss thus far thia week 1000 barrels.
praygaiaps were dull nnd eaay and prices
qvrra hntelv maintained. Tho trading Wha very
Hight and chiefly In n retail and iohhng way
Tbere was titobb1 Ia speole carried out by tho
saEaarnahtu Lone Aar, which cleared Yesterday
cor New York. -
State Conrols yesterday Ind u tumble. They
sanerasi at Ala touched i7s,. aud ooaed ut 4Hls Q
81. against 47aFss on Monday. with shlha ~
EIa4 nap Premium Bonds closed nt 2psn2p's
aeasnst 2ptsn2p's Oh tho provloua dnr. RaloH
sslnnp.
sruny WENT orr OtosB TOGETHER Five Of
New YorR'a milllnnatroH. estimated 70 have
Mean werih tJoa uno. dropped off close to-
waf1ser Seymour" writing to the Hartford
ssnss, pnys. John Jacob Astor wont flrat. and
Fhan iii uuck succession Com. Vanderbilt. "A. T.
EHeuart aud VIM. g. Ishlnelanaer. and now tho
sgnnney worshipar aoolat. Astor'a wealth WAS
aHfHt, ned at 800 600 900 NHndorhllts nj ttn9 nap,
t,Oo hnd Stewards about tho same llhlnelan-
aarsa property represented. It Ia supposed. flo.-
900 ,eoa end Goela.a II eRtimatod vt slonoo.noo-
According 10 tho report Of tho Secretary Of the
Ttansury tho Internal commerce " The coun.
Cry isA exhibited by tho tonnage tranapnFted on
railroads has steadily increased IN yalume
even during the period IF commercial deprea-
sion of the last six years. ThlannordH MI Illus
tfHslon of the reeupafatlve powers Of The rann
try. nv the commodities transported on rail
raads ntt, Tho prnducta of agriculture Of MINING
and ~ manufacturing iudnariea. Moro thnn u
psr cent ot tho informal commerce Of the eoun
try III now carried on by meane Of railroad
characterization and tho habits Of the producing
AMI commercial rlaFaesnre becoming moro an
snars eontormo,l to lta mehoda and ueeaaallaa
TuE EXCHANGES AT ALI TINE CtrtTs. Prnha
E,lv the aggregate ot exchanges ~ NIL etiioa II
this country. A. 400 9b5 h1a. has never boon as
large tn any preceding month ~ II was tn M
vuffihar 1879. Amount mt New York. 81 af5 t2e.
so was about ia large III October. 1870 and
little larger IA May lFGa, but tho exchanges u
other cities. oven where clearing houses thaI
existed. were much smaller spt either perio'
than during laRt month The volume ~ bnai
ness represented by tho exchanges waa move
naf1ra as largo hi gold yaluop. Tho increase Ii
aggregate exchanges ut all otlea In comparison
wEth November 1915 wac "A Z per cont ineraas
MI Now York. after deduetiug double value .
eEtnNFs sold ench month, was TOO par cont, IN,
che increase of NIL other cities 9s.i per can't
THE ErRAuuE EaTATE. Jay Cookies creditor
have got dollar for dollar on their claims. ~
che creditors OF the sprague esate ara not q
5& fprtunnfe Some OF the extension notes wnr
sold few weeks ago for H. per cont OF thel
face value, and tho creditors arc 60 much dis
satisfied with tho present condition Of ailait
that an effort will hA made ut the january anA
sgon OF the Rhode Island Legislature to rasa
bill empowering them 10 form corporation
fase the property ont Of tho hands OF tho ro
aeaiver and manage II thomRclroa, Y tanat l'kelj
however Tint tho creditorH can Eoenre Tho pasa
aEe af a bill TINT will suit them. ana ovrn II iho
should get control of the property tho cloud
upon tho titles would omharraaa them IN dia
!. ,a1esing Of II. Notwithstanding Tho legal taugl
I'm which affairs nre involved. the mills m,
other indus tries belonging 10 tho estate arc M
I'm fall operation. and give cmplayment e. Owe
ta.ooo hands,
TIM MONEY REsrRvE on BANKS. Undnr III
national banking law. the national banks of tn
leading ciea III tile country nrn required f
have on hand ut all times % per cont Of tho AZ
Rragate amount III their circulation and do
uesits In greanbaeks This IL their lawful
money reserve" The Commitnn on Bhnkinl
and Currency Of the House yesterday directed
Its chairman 10 report for passage mn importnn
modification Of this law. requiring one-h half o
IpyvPrt NM ID ba In EDi d