The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-07-03
FINANCIAL AND COMMERCE. AL.
TRADE ITEMS.

FINANCIAL AND COMMERCE. AL.
TRADE ITEMS.
There was no change In the figures for cot
Ton yesterday, but the feeling was firm and
The demand good. Holders pretty generally
asked higher prices, which checked the de-
mand and restricted tho sales to 225 bales.
New York was dali and Liverpool steady.
the stock on hand at this port Is 22,298
Dulles, against 1880 bales at the same time
last year. OF this there are 1900 bales in
the presses, unsOld OF awaiting orders. The
Aastook Ia New York comprises 130, DAB bales
Ihere was scarcely q ripple yesterday In
4 the market for sweets. Nevertheless prices
y were quiet and unchanged
wednesday was bad day for business at
the grain landing. There was not much de-
mand ut best, and that was interrupted by
the unfavorable weather. Stocks Of corn and
oats are ample, and the former was quiet and
the latter weak.
Flour was extremely dull and Inactive. The
a1tive trading Of the previous day appears to
4 hApe satisfied the demand for the present.
Values. however, are unchanged. Sales only
125 barrels.
Provisions were not 50 active In o. iobblng
why as on Tuesday, but there was more trad
ing between receivers and dealers. The tone
N of the market was strong, and IN advance
was established In bacon and sugar-cure
hams.
The purchasing price Of silver bullion at the
New Orleans Mint is now ia is per ounce.
The appraisers of the Broadway Savings
Bank Of st. Louis have completed their work,
4 and report the liabilities Of that institution as
y being 500. 900; assets as found S25O,OO0.
The Bank of England has now locked up
\ In its vaults $175,ooo,ooo In coin, the largest
sum on record. In the United States Treas
sury there Is $13ooOo,ooo.
Among tho exports to Europe yesterday
were 1854 bushels Of corn In bulk-25.6 600
bushels by steamer Lizzie M. Merrill for
Rouen, and 2G,go4 bushels by steamship Me
diator for Liverpool.
All the great wholesale houses In New
York have agreed to close their places OF
business from Thursday until Monday, in
honor Of the glorious Fourth. The banks,
! which are obliged to keep open, will have the
kJHbuIuHy ulVcl Ipulb w eIlOill5Oif5o
1T is stated that Salem, N. o., d small town,
has shipped during three years over three
millions of pounds Of dried blackberries, for
which 1t received s45O,O0O, equal TO nine
Thousand bales Of cotton at 10 cents per
i pound.
Illinois has 100000 mich cows. To proper
~ care for them and their products required
The labor Of 10000 men and 100000 horses;
while they demand for their subsistence the
i use of over 100000 acres of land. Their
total money value 10 placed at S124,800,000.
The Ohio river Is lower than 1t has been at
this time In the year for seven years. On
june ~, 1879, 1t was four feet one inch; 1874,
four feet eight; 1876 seven feet; 1876, five
feet eleven; 1877, eight feet one; 1873, seven
feet eight; and 1t is now three feet ten inches.
1t Is said that proposition has been made
4 by the Iron Mountain Railroad Company Of
III. Louis for consolidation with the Texas
and Pacific Railroad Company, and that me-
Rotiations to this end have been referred to
committees appointed on behalf Of the two
companies.
According to the annual coffee statement
OF Messrs. Small u Co.. the imports OF Rio
coffee for the year ending June 80, 1872 were
# I44,4n bags, and the stock on hand here July
was 27s6 bags. The receipts Of Mexican
coffee ut this port amounted to 26,273 bags.
and Of coastwise coffee, 2O,1O5.
The New York Stock Exchange, by sane
tion Of the governing committee, who acted
on the petition Of nearly gil the members now
OF Thursday, July 8, until the morning OF
Monday, July7. Contracts maturing on the
intervening fifth will be, according to recon-
incubation Of committee, settled on the third,
and contracts made regular" and on three
day options will mature on the seventh.
There was not much activity yesterday In
the market for public securities. State Con-
! soils opened at 40. went up to 1879 and closed
steady at 4ssSg14s11aa, against 4S1aMfS34 on
Tuesday Premium Bonds closed at 1870
4 2b5s, against 25'4@o26 on the previous day.
q The sales at the Exchange aggregated $107,-
20 OF States and $32,ssO Of Premiums. Lou
x1siana Consols opened In New York at 471a@
Z 48s44, and closed at 4s, with only small sales
reported
Elizabeth City, New Jersey, continues to
clamor for concessions from Its creditors.
and 1t Is intimated that Ii the latter refuse to
scale their claims property-holders will sur
4 render their property rather than submit to
the necessary taxation. 1t Is estimated that
4 two-thfrds Of the real estate Is held by nom
residents, being acquired by way Of fore
closures, and that the remaining third will
go the same way II the city Is forced to pay
4 the full amount Of Its debt
The returns OF the bank cearings at the
i leading business centres give further evidence
OF an increase as compared with last year.
s The gain In eighteen cities for the week end
ed June 81 was 23.4 per cent, and outside of