The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-09-09
x.yuAL AND COMMERCIAL.
TRADE ITEMS. ETC.

5s.toa of which $500 bales American. F utaLSo
..aned 1-t6d better, closing quiet and steady
The New York cotton market vas 1ac
asgber. closing quiet, with A. bales soid -
M delivered on contracts. Futures #ele
steady. showing an advance OF from b"o m
aeyen points. Ia4a.
4 Providence, r.. Il, dispatch reports clo'is9
co,feter. ana sellers inclined to hola 1nen
GODS until late In the week. Inc NJ o.
nnened I-I6c higher, but closed easier ~ A<'aS'
s1lc, with sales 81 1900 pieces. 1000 l.
The demand for sugar ana Moio''9'
light and holders are STEADY eu,,r eco
/ There was not much demand ioh tiou, ssa
terdav. The movement was iihiiSto FN1tA 00-
fined to the local jobbfng trace
! r, rrovfatons generally there was oa1 llGtie
aa,itv There was d steadler feeling ln
- sor bacon sides under the influence Oh
y s..o,,oer feeling at the West, and moderate
1acal business was transacted.
Tho stock OF grain has increased slightly,
- not enough to have any influence on
rrscps. The inquiry was moderate and Talf
movement was noticed.
rhe receipts Of butter tn this city last week
aroounted to 1893 packages; OF cheese, w
II boxes,
rba transactions Of the London clearing
house Are enormous, sometimes exceeding /
thirty thousand millions OF dollars ID year
We notice at the Cotton Exchange quite |
,rroher Of members who have Just returned,
after sojournina during the summer At the
North and West.
,fbare was an advance in United States 4
ner cent bonds yesterday at New YORK, where
thew were quoted at 1o11lg1011s, and at Lon
don at f05.
The stringency In the New York money
market Is not over yet. Yesterday morning
therate was per cent, ID the afternoon IL ad-
yaneed 10 per cent.
f,ne hundred thousand sheep were killed or
injured by dogs In Ohio during the year 1873,
An Increase of 50 per cent over the destruc-
ton OF the preceding year.
Bullion usually means uncoined gold and
silver, In bars or other masses; but In discus
sions on currency the term is frequently en-
pIoged to signify the precious metals, coined
Or uncoined.
The stock Of cotton now In New Orleans
comprises 6482, against 558l at the same Time
last year. OF this, 5432 bales are 10 the
presses, 1nsold and awaiting orders, and lo4t
bales on shipboard. The stock Ia New IorK
is "a, 925 bales.
The only sale reported yesterday at our
stock Exenange was one Of 5000 Premium
f,in d
sZ, against 371a0375s on Saturday. Pre-
MUM Bonds ruled at 2l1a02425, against z47s
Gs244 on Saturday. At New York 81 was oid
for Louisiana ConsoIs, but no sales reported.
The healthy condition Of the iron industry
ID this country has been brought to the at
tntion Of the officials In Washington In a re-
markab!e way a number Of manufacturing
firms have declined government orders on the
ground that they have too many private or
ders ahead to undertake to complete the Work
offered within the ti.se prescribed.
RI appears by statistics that fifty-four saw
inQs banks ID New York State, out OF the
I whole number OF 1914 now Id active operation,
own the buildings In which they do business,
and that the total cost OF this property was
$8,314,014. Twenty-Five out OF the fifty-four
I buildings failed to furnish receipts enough &c
meet the outgo. In ordinary business this
would be called an extravaganza.
The accounts Of the roo postmasters who
were entrusted with the sale OF 4 per cent
government certificates last spring were
closed at the Treasury Department in Wash
ington few days ago without the loss Of 8
single dollar to the government.
One OF the pIanks In the Minnesota Repub
iican platform, adopted Tuesday, is as follows
Whereas, the duty on wheat and flour ex,
ported from the United States IL at the enor
nous rate Of SIS u barrel, and the festric
tons, both Ia the ports Of Cuba and Mexico
bear very heavily on the products OF the Mis-
sissippi valley, we would request our Senator
and Representatives III Congress to use thei
best efforts to procure an ameliOration Of GU
commercial relations with Cuba and Mexico
transatlantic messages are common enough
but a dispatch from mid-oeean is a novelty
The steamer Faraday has succeeded in send
ing one announcing the progress Of the Ger
manic which left Queenstown last Frida.
week for New York. This oceanic Telegram
has special interest, since 1t Implies that tn
new French cable, which was lost In nearl
three miles OF water. has been recovered, an
Is In fair way to Increase the facilities 70
Geographic communication between the Oh
and New worlds.
The Louisville CourierJournal says: g.
crop of leaf tobacco has just been sold In TIL
market by Hart county planter, whic
shows how much neglected wealth there Is j
Kentucky lands. The yield per acre was IF
pounds Of tobacco, which sold for S273. IN
average price of Hart county land is probabl
about S26, SO that one years gross revenG
was more than ten times the value OF tt
land There are no farming lands in tt
United States which can exhibit such propo
tons between value and production.