The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-15

tnrtlav. Western shippers flooded receivers
with jninnctions To hold for higher prices. ant
in some instances limits az high as ~ y pel
barrel were placed On property. Besides thest
Influences wheat advanced rapidly at the wet
and through these sources very strong ieel
Ing was worked up. which eliminated 10 a.
advance on -four Of 1850 per barrel. the ne
snand was active and the sales amounted 70 a5o
barrels
Five VESSELS cleared from here yesterday with
1t.bsB bales of cotton.
The steamship Den voirlich cleared yester.
day for Bordeaux with 1867 bushels Of wheat
lib bulk.
Tha French steamer CANADA, at New York
brought si .n6T 300 In gold tnot 2F,poo,nno francs
All the report was eabed some days ago
We are glad to see that the Cotton Exchange
cf this city IL rapidly increasing III numerical
strength Almost every day there are appliea-
tiona Tor membership
Some of tho Oldest operators III Wall street
say that nd upward movement In stocks has
never been continued 80 long nor With sneh
vigor as the present one.
United States per cents yesterday were
quoted nj te2ts a1oah In New York and al 1osas
III London. The money rate At New York went
lib to IA, showing considerable strnRencr,
--4----
dispatch from the great manufacturing
town of Fall River reports the sales Of prints
far The week at 10000 pieces. the market show
inu AN upward tendency, With quotations of
saSe bid and AK 4c cash asked for O. square and
ssSa cash asked for 90 BIZ 80, at which price The
market closed very strong.
a washington dispatch aaYa: Hereafter ~
per pentum Of salaries and other current gov
ernment OBLIGATIONS are 10 be paid ia coin Ia
equal parts Of gold and silver, Holders OF OBJ
legations will DO required to take thus mnch
coin. with the option Of taking all in either
gold III silver certificates.
Aa vet the receipts Of new Louisiana sugar
amount to only 10 hoEsheads. We learn that
the planters who commenced grinding last
week have been compelled To STOP. owing to the
1,nripeneas OF the cane. In most inetaneea only
pea pounds III sugar per acre were produced.
This amount Of product was, Of course, not sui.
feient To Justify y continuance Of rolling.
The Glasgow Herald Of September 40 aays.
During the past fortnight one of the largest
firms of aEenta In Lancashire haa taken more
orders for American cotton cloth for India
than Their have In the Same period received In
connection with all the English tlrms which
they commercially represent. This ILLUSTRATE
foreign competition In more serious "
than many persons have hitherto viewed II.
According to the statement Of the New York
Chronicle the visible supply Or cotton on the
eleventh instant shows decrease In the cotton
lii sight tonight Of 47,ssS bales ae compared
with the same date OF 1878, a decrease of s2s
bales aa compared with the corresponding date
Of 1s,f, and decrease of 72l.sl1 bales a. COM
pared with 1sTe
state uonsols Yesterday were quoted At 4,a 2
AK. against 42&@44 on Monday, with snles OF
100000. All New York Louisiana Consos We're
unusually active, and 100000 were sold. They
Rold NJ high ~ A. but closed AT -, . sale Of
$4,000 having been made at the Last named Zig
are Premium Bonds ruled here nj 27s@2T M,
against aa,s@asA on the previous day: the sales
footing ~ ses,ooo.
The coming of English farmer Immigrants.
with cash Ia their pockets and resolnte pur-
pose In their heart. is a sign of the times. The
New York Sun Gays; Two parties of them, ng
gregating more than Ave hundred persons,
have already landed here. and have pushed "a
to the broad and fertile acres OF Northern
Texas. Two hundred and fifty more sailed yes
eerday from Liverpool for the same destination.
Enslani's land system has driven them out"
Brazil consumes large quantities Of North
American timber because che has very few saw
mills. The streams wash away many trees.
which mill owners at their mouths would nave
simply to capture and land. Portuguese who
built mill few years ago at the mouth OF tho
Madeira river has recently retired with large
fortune. although he had employed only the
rudest m achtnery and unskilled workmen.
The cedar logs floating down supplied him tn
Ave months In every year with sufficient timber
for the entire years work
This, from New York letter describes tho
feelings with which the veteran operators 10
Wall street view the present excitement and
the easy success Of the new blood: III had
gone into the street one year ago would have
been worth a million to-day. The trouble with
me il. I have seen oil the nrs aud downs since
sba, ana am ttasid. They who know nothing
fear nothing. Young fellows who were In school
LII isTs are making more money than Travers
and Noses TAYLOR
THE EXCITEMENT IN STocKs.-Reviewing the
inflated stock market. the Springfield Republic
can admonishes investors that they must be
cautious lest they find themselves stranded ~
the recession of the present billow Of high
nrices. while In the markets Of commerce there
Is no such rise as to justify any general and
considerable marking np except In the line Of
metals. There Is sufficient upward tendency
however, to indicate that hard pan has been
reached, and that production will henceforth 60
on upon terms making the lahorer worthy 81
= HIS hire and the investor OF his return.
MOBILE CRY DEBT.-The Times report OF the
bondholders meeting, says that room NO. 9 OF
Iii Pine street was packed with holders Of the
defaulted funding bonds of 1oT5 Of tins. city Ct
Mobile. Ala. TO listen to the report OF W. d.
der Campbell r. W. Sullivan and James s. Bed
die, d committee appointed at preyiogs meet
sIoners Of Mobile" which was that the interest
should be scaled from to 5 per cent Der an
nun The amount Of bonds In default II 81 sSS,-
so besides which there are 1856 800 Of bonds un
funded. and SIZE, ~ ct past,due eoup ons en- tie