The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-11-04
FINANCIAL AND COMMERCIAL.
TRADE ITEMS. ETC.

oyincod nm anxiety to got rid Of their property.
This condition Of tho market together with the
intelligence from other prominent points,
cauaed Il decline hero Of 'se per pound. tho
market closing easy. m55.
The Liverpool cotton market was practically
cheaper with sales 81 10 600 bnles. of which 7too
bates we're American. Tho receipts at TINT por'
were IA 90, bales. Of which y 300 bales we're
American. Futures were 1861 cheaper, the
market closing weak AL lIavre tho demand
was moderate and prices wore firm.
AT New York spot cotton was Iuiet and staadV
Yesterday with snloa 81 $40 bales, md 300 bales
delivered Oh contracts. The stock Of cotton ia
New York Ia 37.s7s bales.
Trading yesterday IN -four was not very ~
tive; the demand. although somewhat I'M
proved was quite moderate and tho sales were
restricted to 1886 bbls. AT tho close the tone Of
the market was lrmar. -=-
Provisions continue Is drag heavily: some OF
the leading stnplsa were marked down yester-
day notably bacon. which was Ss@ao lower ~
ah oulders and clear rib sides. Mess pork Ia
atlll rest rained In ts movements by the views Of
Western shippers who limit sales at Sit 80 per
barrel.
This being election day the New York Cotton
Exchange will BE- closed
Tho receipts Of cotton at st. Louis since Sep
tember / have been 435 bales. ~ against
loo. 500 for the corresponding tme last year
The amount Of bullion Withdrawn from the
Bank Or England yesterday was 100000. and
the price Of silver has advanced 70 "a.
Cotton futures In New York yesterday showed
a decline of five to eight points. the market
closing barely stendy. with sales Ut Al 900 bales
It f. snld that Fred Billings. the president OF
Tho Northern raeifc Railroad. has made Sa.ooo-
900 out of the rise In tho stocks Of that company.
CarRoes of grain 20 out from this port tor
Europe almost daily. Yesterday tho brig Su-
perbc cleared for Bordeaux with 26,35o bushels
| OF wheat In bulk.
State Consols declined somewhat yesterday.
1 and closed ut Ana ga. against 43Smt4h a sat
utday, with sales VI $4,000. AT New York Lou
lsiana Consols opened at 42h@43a. and there
was a sale of $1o,o 900 at 43h. Premium Bonds In
this market closed at 277s@2aia. against 1s'sD2s
! on Saturday with aaes Of 300.
IT la reported that the government is buying
up per cents for the sinking fund and 1t Is
rumored ii New York that $bo.oooooo are 70 bt
bought before next January The report says
that several large banking houses, who hav'
formerly been large lenders OF money on eai
loans, are now using their funds In buying VI
these securities on speculation.
Bro VALuEs.-It Ia estimated that the butter
produced In this country this year will 90 Wortf
about sl7o 900 900: cheese aud milk $3.50, 900. 900
beef and its products, 5000 900: pork and III
products $3.50 600 900: cotton, s27O 900 oo0 corn
: wheat, $4,000 900 $4lo,oooooo. The very lov
price for butter and cheese more than neu
tralizss the additional quantity. which hh
been exaggerated By dealers during the pas
year or two. ~ -..5~ =-..
n Alabama, like Georgia. is one Of the souther
states that shook otfthe yoke OF carpet bag rul
1t an early day and passed through the ordef
0 az reconstruction with comparative safety. q
y a consequences her prosperity has steadily &C
% xaneed and her financial condition bee
10 strengthened accordingly. The last report
VI the State Treasurer shows balance 60 70
credit OF the different funds OF s267.e25. when
IL exclusive Of $244,257 returned IN the sever
counties Tor public school purposes.
81 Oua AVERAGE CRors.-The following tabl