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

TRADE Irsw@. ETC.
There was free response yesterday to tho
uuoi demand FOR cotton on the part Of hold
ers and the sales ran un III fiO0 balnH al All
advance of lie per pound. The net receipts
to-day foot up G36a bales, asainat 9nta bales ut
tho same time laat year. The grpsa fec"inia
are 1904 bales. against gnn9 baas last year.
The New York mark II yeatcrav was
quoted "a firm, with sales or only IN bales,
and 1900 bales delivered 90 contrasts. fn-
turee advanced 8 to II points, with saleH OF 81,
600 bales. tho market closing at"ady
AT Liverpool erot cotton was dull and
easier. with eales uf 5000 halea. " which a4oo
were American. Failures were ia2d better,
closing steady
The Havre cotton market Ia dull and cas-
inr.
There was only moderate amount of trad
,nn III thIa market yesterday III tlour, hut II
was apparent the tone Of the market was
frmer and prices maintained strong up-
ward tendency M.r.. @..5@.. .[.-5s#
Provisions In yesterdays deal wore some
what unsettled and tho feeling less Rtfinaent
Nearly all staples are selling below Western
eost. and II IN thought that tho naar approach
OF the packing season Is the only factor Which
holds the market In check, The oonanmptive
demand Ia fair, but buyers are unwilling to
take round luta.
Fruit Ia beginning to come IN freely. Yes
terlay two sehnonera arrived hero. ono from
Ruatan and the other from Ronaea. with
10000 cocaanuta. G0no bunnhea bananas. aud
nc, 700 plantanp Our Wholesale fruit stores
Seem to be we'll supplied with oranges, half
ripe, destined for shipment TO the North and
West.
State Conaola closed yesterday AT A2Go431
against 41ssoaas the previous dav, Premium
bonds ruled al 2a9s d1a4, with aal"a IF
ss4,o2o.
It IL claimed that more than 10 per cont Of
tha years cotton crop IN Mississippi II tho
product Of white labor. which shows that
where there's will there's way exodus
or no exodus,
IL ID announced that the Chicago, Vt. Louis
and New Orleans Railroad haa purchased
5000 tons more Of steel rails Ia England.
They are to be shiped nj oncet 70 Now Orleans.
and will cost. delivered here. s5h a ton.
The United States steamer Waehuaett, late
OF the Mississippi squadron, and which had
about a. much trouble In getting into Pnrts-
mouth harhor "a abe did IN getting off tho
Lake Providence bar, has been put III sea GO
ing order agatn, and T. now on her way 70 tho
South Atlantic 10 relieve the Essex.
REcoNofLEp. DR.. Glenn Of California. late
candidate for Governor on the Democratic
ticket will raise this year on hia ranch IN
Coluaa county about 100000 sacks Of wheat,
equal to 6a 0on tons. aud worth not leas than
$2,0o0Oon. This ought to reconcile him IN
part Mt least to the failure of hs vote crop.
The strike Oh the cigar makers or Chicago
proved 10 he but short-ivei. as It was ended
yesterday by the entire acqnieacepce Of the
manufacturers In the demands of the work
men for an Increase OF wages. The result
will he for the time the abandonment of the
manufacture OF certain grade of cheap
weeds and In that sense IL a public bleas-
ing.
PRrCE or GAs.-The joint committee Of tho
Cincinnati common council. which has the
subjects of light and finance under advise
nnsnt has arrived at tho conclusion, after n
long aud patient investigation, that gas can
be furnished to private consumers, with y fair
profit to the manuiacInFer, AT III 10 n 1nNuShHu
feet and per cent or for prompt payments.
An ordinance to THE effect, making reduc-
ton u atty cents from present ratea, will
shortly be submitted TO the council for It's
adoption.
TOBACCO IN lNnlA.--The English papcra
are rejoicing over tobacco experiments made
III India, where 1t IL said as good tobacco can
be raised "a In Virginia. A Virginia planter
was imported BY Lord Lyttons government,
along with the tobacco plant, and acts aa the
superintendent " tho cultivation. Eight hun
sired acres on the Ganges were given UP to
him and the result IL that he has produced a
leaf which he regards as superior 70 the leaf
III his own State. and he has sold his stock at
the rate of ET00 to iSna per acre.
SpECIE MovEMENT.-Th following table
shows the specie movement at New York last
week, with comparisons:
Imports. EXPORTS
Total for the week. ..,s... &4h6s.s1T Slas,alt
Previously reported ...... ~ TuA oS6 12.Ahs ~
Total since January !, 1879 Stt2Ias63 $l2,6ai 2n9
Same time in 1878 .-e... lsNIso6l lo.e2s. lsi
Ga, ttr,a In nt3