The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-04
FINANCIAL AND COMMERCIAL.
TRADE xr&sss. ETC.

bales. Futures yesterday declined from ? 10 10
points, closing bnreiy steady Sale. r 400 bales
The Liverpool cotton market was vsty fat
and Vi daclne of ifd waa declared, with sales Of
5000 bales. of which AsEn were American. The
receipts at that port we're 1880 bales OF which
1860 were American. The Manchester market
was dull and tending down. A haSre cotton
was Nat. Futures at Liverpool yesterday were
l.saa cheaper closing duil with no transact
tIune.
There was not much inquiry for sugar and
snplaHHes and no v N. VIZ III noticed Lii the posi-
atpn of the market
There was only moderate Inquiry for grain
FOR the wants w the local trade. and the market
continues to rule Arm.
The changes Ia the tiour market during tue
week ending tor day we're not We radical but
they were In favor "a aallers. Prices ha 2 bean
marked np q lile aud the tone of The market
hae steadily hardened Stocks iii the hands Of
receivers are very light. hut dealers are IA good
supply. The receipts cf the weak from the
West were eoss hbls, aaeinet ie,i5o Ubls Tie pre-
vioua week.
The specially new md noticeable feature ID
provisions haa been tho heavy receipts VI bulk
meats during the paet week compared wi b the
previous week, amounting to a2iA pounds
against only ssaso pounds lat ws.k. The re-
ceipts VI boxed meats were also heavy. aud the
large amount of property thus thrown unon the
market caused uricts to decline fully ac on
shoulders. Other hoa prndnnta. however. al-
though rather dull. have done hattcr In respect
to prices Mesa pork has advanced 81 cents per
barrel. ana baoen ard lard Aphs per pound.
compared with values nj The nlrae Of last week,
The receipts from the West during the pact
eeves daye have been Wy follows. Pork, aAt bnls.
aeainst 2aa lhfs tho We X before: lard ~
tierces and 400 kegs, against Ssiercea end si6
kegs the previous week: packed maats-baeon
and dry anlt- t1n raats aud 1906 boxes. ngnipat
117 casks ard $50 boxes laat week; hams. aus
tierces. aganat 3os tlarces last week: and bulk
sneats a2l 400 pounds. against $3.50 pounds last
week. a-zzz-- -=..@=
Az New York yesterday United stntea per
cents ruled at io2alo2a and London nj 1oh&4
aosA, shelving b decided Improvement FROM the
day previous. The money rate at New iorS
was per cent.
AN English manufacturer has lately been
prospecting along the lina Of the Hudson river
for the Hts Of linen mill. which Vt liz proposed
to remove from England ana which win employ
5000 hands.
Machine betting IN now made in California
factory from The entiais Of sheep. three
fourth inch rope III thIs material VIII Dear "A
strain of sew tons. II is said to ne much
more durable thaa hefnn.
--Aa--a-l-4---44----
State uonecls cloeed yesterday steady ct asS@
ap against aa@4 81 Thursday Al Nav YORK
Sonsola ruled Ut ants with u aale Of sseoo Pro
81 suium Bonds closed nj 2as6a2a2a The sal 4 ~
the atoek Exchange amount 70 ses2,b6 Of Pre-,
miums.
Circulars ISSUED Ivy aeveral hop factors con-
- Il.2.- ,,sa Es,.St fot
xsrop IL the smallest since that Of TACO. The
slight ii almost universal throughout Kent
Sussex. Worcester and Farnham, Moderate
stocks or yearlings and OF old hops romain In
hrawergs hanta, but there are few Offering IN
the market, A considerable imp rta,ion from
Amerie and the continent is probable The
continental cropa are good.
/. The London Times prints some statistics
relating to the population Of this countrywide
exhibit picture of progress hat cannot tai
III gladden. the patriotic hearts of tansuino cit
fgens of the Norh American republic TIT
citlsans of the United States" Ii adds. vii
doubtless have ample reason to cong atulat'
each other as the figures OF each succeeding
.,anrus are made public. They are certain &
become de numerous as the most exactst
among them might deaire. We witness thei
progress with satisfaction. Az they widen III
circle or their nationality they at tho Same time
enlarge the bounds UT our common race aud y
our mother tongue
The war between Peru and Chill has VOL
some naval honors for Peru. but at the sam
time has involved her la inexricahle confusion
ar debt There IL said to he not y dollar IN tn
Peruvian treasury. The future has been anti
cipated up to November. and sa,ooc,ooo are du
10 the banks and monay-lenders for war eS
penses, There Is no money TO pay the soldiers
Or even To buy their rations. The finance min
ister. paralyEed hY the difficulties OF his oflct
has resigned. and no enc can be found to tax
hts place. Tho Congress-, now In session. wi
vote no supplies, and eonfhte itseif TO votin
down measures Of relief proposed BY the join
committee on finance. Evidently Peru is OF JOY
Inc some OF the fruits az war;
The annual report Of the president OF th
Northern Pacific made to the stockholder
meeting last week. showed that up to septen
Ser ", $So 2n7 HOO of the bonds had been cor
yarteds and only $500 400 are now OUTSTANDING
The gross earnings for the ten months endin
June 80 were sl.l67 26l 50. They show an III
crease of salS Oi3 ~. and net profit Of $sas sos
The floating debt at the close OF the ten month
was sssS 800 "a. Nearly third Of this WIS fl
new rails, and provision has been made fc
part payment, so that the actual hoat1nE det
remains siss 22T 4s, Business has largely Ii
creased during the last two mouths Under th
reorganization the preferred stock is ssl ,ooo.o q
and the common 100000.
An exchange points out how the cotton
Northern Texas and even Central Texas.
drawn from Galveston and New Orleans TO
Louis. The Louisville Gourier-Jnurnal Civ
the gist OF the article as follow 1T Is natura
" N result of the difference between compel
tive and non competitive rates. For exam plt
Galveston ships To New York by rail at 81 80 ~
bale. but Sherman. Dallas and other towns
that part of the State ship to Galveston ut 81
per bale. while they ship to New York at 81
per bale. The mileage rates from Texas 70
warding markets to Galveston would amou
u rate exceeding 500 to New York. which
almost six times the rates actually charg
Tha LION Mountain and other Missnnri road