The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-09-24

rapid rise In prices at inc "eep ohuooi "' -
regular upward movement mere, Whlch cheektd
fhs demand and restricted me s&les. al ieah-
s,o stanIss advanced: mess pork about CSC.
and cut meats and bacon M@1sc. Hams and
iard were lfmer but the demand for these ar
.ic,es being very slow they we're not marked no
,roportionately with other products Of the
hog. ----
The price " Middlihg Orieaus cotton OF Llv-
erpool Is now o1sd, against cid last year.
The steamship Murisl GIlfoil cleared yester-
dav FOR Bordeaux viii 40 3s5 bushels OF wheat
IN bulk, and the steamship Warrior for Liver
nool with 1900 bushels OF corn Ia bulk. and
400 sacks OF corn.
The recent damags to the steamboat Annie r.
silver raised this interesting question: Does q
fire. policy on the hall Of vessel contribute Ia
General average for damage done to tho vessel
and her cargo by seutting to pnt out FIRE
State Copsols closed yesterday at s3h@401s.
azainst 39@4o on Monday. At New York there
was O safe III $1,000 at 40 There was a heavy
tumble here ID Premium Bonds. They opened
at2eR, and cold down to M. the sales Of the
day roofing up s25o.e6o.
The stock Of cotton now In View Orleans Is IT,
ssi bales. against 10 OF at the Same date lat
i year OF this. 1858 bales are In tho pres SEES
unsold and awaiting orders. and 9tS On ship
board, Tho net receipts ut this port since
September foot up %, TO bales. against II .99s
last year.
The efforts OF the treasury department to get
the standard silver dollar into wider circulation
are bringing into nss tho silver certificates.
These certificates are about the sizs Of the
greenbacK. and are used last as the greenback
FOR ordinary business PURPOSES. Tho banks
BAY them cut over their counters. and II is said
that III this way large amount OF them has
been put In circulation ID Washington. Where
they are known they pass % readily as any
v other kind of currency.
For the eight weeks ending September TO-
1879 tho export cisaranees OF wheat fer Eu
rope from tho ports OF New York. Montreal
Boston. Portland. Philadelphia. Baltimore and
New Orleans, were 80 2e9 G32 bushels. against
I'll, fsG 055 for the corresponding eight weeks OF
the previous year England will want say
30. 900 600 bushels OF wheat this year" says E.
e. Walker the statistcian Of the New York
Produce Exchange. " In exchange for that We
shall get from E0gland very nearly $50 900 900 In
gold. The movement Of wheat In the United
States for tho past SIX weeks has bsen greater
than for similar period Ia any country Of the
WOrIu. IIb hInDHHb Ol NbtifBTlCS HUH ldkS
ports to New York for eight weeks has been
5oooo,oD0 bushels. About one-half OF this yet
remains to DO shipped. It is one way for
accounting for the vast importatLons Of specie
that have lately come to America. I have given
you the figures to account in a large degree for
the brisknoss OF trade In New York this fall
One Of the largest fssts Of sailing vessels ever
known Ia now on the way to New York, Phia-
delphia and Baltimore. and from the valuable
tables OF the New York Maritime Register we
extract the following statistics. wbichshow two
things: first. the enormous carrying trade Of
this country. and. second. how little American
vessels participate In it: September II, 100
ships bound TO New York. OF which 40 were
American; September II. 800 barks bound to
New York, Of which IS were American; Sep
tember II. S. ships bound to Philadelphia. Or
which were American September II. 100 barks
bound to Philadelphia. OF which were Amerl-
can September n is ships bound TO Baltimore.
Of which ! was American; September II, ITS
banks bound to Baltimore. o! which II were
American. There Ia a total OF 300 vessels bound
to these three ports. and about one-tenth Of
them American. The Shipping List Of October
II will record the arrival Of ntne-tenths Of
these vessels, as about that number ID only
bound across the Atlantic. and probably fresh
list OF at least 800 vessels bound to these korts.
1t will be seen from these GGures that there are
ships and barks on the ocean yet.
The Clearing House review for the second
week in September. excluding New York and
San Francisco. where stock speculations enter
largely into the account. shows an increase OF
nearly IS per cent In the general business
OF the country as compared with the same pc |
Rod last year. The increase In telegraph ser |
vice shows ever a larger growth in business. |
The Western Union company has sent and re.
ceived at its principal Office In New York city |
from 40 go to 900 messages per day during |
the past two months. and on Monday last 81 ,5I |
messages were handled. The average has been |
10 coo per day above the corresponding period |
OF last year. About eighty-fye per cent OF the
entire service is OF commercial character
The New York PUBLIC say.:a
The steady increase In transactions at Boston
and Philadelphia. the larger Increase at Chi
cago. st. Louis and Baltimore and the gain In
spite OF the yellow fever, at New Orleans will |
cities show very fair iu provement, though |
not as large. naturally, as the cities engaged
principally 10 the handling q grain and farm
Of the partial Interruption q traffic Ia the
lower Mississippi valley by the fever. and its
trade will doubtless Increase rapidly AS the
shipments Of cotton and cattle from the South
west invite larger sales of merchandise. Ba!u-
more appears to be doing especially well In the
grain trade and Philadelphia Il not far behind.
Everything indicates that the fall trade viii bs
remarkably active and prosperous. and the
large transactions at this city for some weeks
past give assurance Of d corresponding activity
st the immediate centres OF trade for some
time to come.
THE CorTos MAEKET.-lFrom ". G. Watts \
Co.'S IlverpooI Cifcuar.l-This brings Us
back to the question why are September daliv
cries now 80 dear as compared with September
0ctobsrs and October hovember-? 1t now
seems quite evident that both English and Con-
tinental .spiuners. seeing that they We're COM
parattvely cheaper tnan spots. nave bought
pretty freely OF near delivery to cover their con;
lenders TO have been made By or before this time.
But so far this month the tenders have been
dered being taken up at once All of this
points to q very severe pinch for cotton
here the last week in this month. And
IT.. as some good authorities say, the re-