The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-07-29


The wealthy citizens of Natehez have
taken 100000 OF stock In another cotton fac
tory.
One OF the largest farmers In France writes
that bis wheat cost him stored In his granary
twenty-seven francs per hectolitre, and that
millefs can buy American wheat fully as good
for 22.50 francs per heetolitre.
The yield Of wheat ID Ohio and Indiana is
reported to be very large one. A farm Is
noted which produced fifty-one bushels to the
acre, and many have yielded over thirty-iive
bushels per acre Ut the breadth sown.
one bag I'll new unginned cotton was re-
ceived here yesterday by steamboat Yazoo,
shipped by MI. Il. ], Engman, Of Opelousas,
ST. Landry parish, and consigned TO Mr.. z.
CaHse, ef this city. This IL the first Louisi-
ana cotton received here this season.
The outlook Of the champagne district In
France ID unfavorabe to full vintage, but 80
long rs New Jersey cider charged with car
bonie acid gas can be sold III champagne
bottles the mass Of tho public will never i'm
agine poor vintage In France.
State Consols opened yesterday at 37s4, and
after selling at 361.. s 80, closed weak at 3e4
S1371s, against ss11S0a3slt on Saturday, with
sales Of $4,000. Premium Bonds closed at
245s0e25hs against 257s@25h % Saturday,
with sales of only $4,000 At New York, Lou
isiana Consols opened ct 3sp3sa4, aud closed
at 81. Sales $4s.Ooo.
According To the circular Of Messrs. g. III.
Lawrence u CO. the receipts Of butter and
! cheese at this port for the week ending July
4 Us were as follows:
Firktns Pigs. Tubs. Cheese.
Western .......sis4 $40 42b 4a3 boxes.
New York; 60 10 boxes.
Total. 800. $50 go 42s 500 boxes.
At meeting Of the Boston Commercial
Exchange, held this week, 1t was resolved to
conform to the action Of the New York Board
sof Trade and accept the GENITAL system In the
computation Of freightage on grain, produce
and provisions. The new regulations will go
into effect on the first Of October 30 far as
practicable under existing laws. Liverpool,
Philadelphia, New York and Chicago have
already adopted the same system.
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Chicago has aspirations Of being some time
In the near future great cotton market, and
Is already making an effort to open up
trade In the staple between that city and tho
South. To this end 1t Is proposed to invite
the people OF Texas, Arkansas and the Indian
Nation to send cotton to the exposition to be
held ut Chicago next September. snbscrip-
ton list has been started which promises to
enable the managers to offer premiums on
liberal scale, which will operate as sufficient
inducement to a first class disply. st. Louis
would do well to look to her tleecy laurels, or
else Chicago will snatch them from her.
EARLY last week the st. Louis Republican
intimated that there would be q large move
ment Of wheat from st. Louis to Europe by
the way Of the Mississippi river, the amount
being limited at 500, 900 bushels. The Chicago
Tribune says that 1t was reported on Change
in that city that there were orders at st.
Louis for Germany via the river to New Or
leans for 100000 bushels OF wheat. The
Republican thinks the Trlbune's figures are
too large, but states that 1t Is. g wel-known
fact that one Of the most enterprising and
financially capable grain firms of st. Louis
has arrangements perfected for shipments Of
wheat to the Continent, principally, If not
WHOLLY, TO ETAuce, duu lHttl 1iiVy 1872 ANSh
steadily in the market for some time, and
shipped by barges OF the Mississippi valley
Transportation Company 1871 900 bushels. one
of the firm, MI. Chas. +. Orthwein, OF Ortiz
vein L. Mersman, has just returned from
visit to the Continent, and states that Europe
wants the wheat Of this country IN large sup
ply, and that the st. Louis grading Is SO sat
isfactory there that it Is making sure pro
gress in favor and preparing for demand
that no other standard can compare with.
The Republican. in an article on this subject,
says:
The Importance of the Mississippi outlet
,or the vast grain production Of the valley
has been long perceived, and many efforts
have been made to render it practicable, but
distractions have existed which have con
Iibuted to Illustrate them and 70 the present
Time the struggle TO divert the export move
ment. from the West to the East, to New Or
leans has been hard and without Gro Wning
success, although q gain has been made which
. sufficient for the ENCOURAGEMENT q per- !
y aastent effort and ultimate success. une OF
) sasse Instructions. and the greatest OF tnem,