The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-11-06
FINANCIAL AND COMMERCIAL.
TRADE sTEM =. ETC.


saylrsR from othM prominent malSnih Wa''
encouraging. Tim clemand lorn was ga"d and
sur market eln,el s.tIong showing al advance
81 q Z per pound.
NV Nsw Yarls ey,at cotton wns atsndN. Mi'i
af advance Of i@l6R, tltn HaleR. however h''ilt'
small hib hRlea, aud 9hh bales DELIVERED on
HotttractA Futurea advanced - 10 2'pnll'ta.
III, market eloslng strong with salHa w l0N.
or haas Tho stock ef cotton ut Now nflS
i "a now At MA bales.
In liverpool thero waa only n'otierat" III
srutry for srot cotton. and That Was if'"ly
a,,r,,ItaI trhs aRIa4 amounted tp 1000 bales.
NJ which 77hn bales wore American. There
wae No reported change IN quotations. The
rts,eints Mt that port ye@terdhy looted up
gIY1 hales, IT which 1850 bales we're American
Futurea epenotI Inaror. but subsequently th'N
4asl vance was partially lost. the market clos
in4s firm. Tho Ilavre market was quiet and
steady.
Tho receipts uf sugar continue Us ho Ills
erai. uenrly Son hhla coming In yesterday
rtts demand was active and tho market was
1flacr than ror tho previnna two OF thrn"
.FayH Molassns was eRsy ana quiet
gFn The grain landing th"ro WIS no move
NAlIht N all HilllatlAl 1nhlHNhaI. aii't 1872 h'tt
aat. remains quiet. .a@==
The trading I'll tlour waa auins yesterday
Buyers having apparently satlsti"l their
wants for illa Time being IN tho active m'vo-
ytaenf mentioned in our last report. Tl'a fnol
slaz was atcady aud prices Unchanged
Provisions show no change HI Tie general
asue III the market. Tho foelnE IL weak. and
sa apng aa prices show disposition ~ drop.
sauyofs are not likely 70 operate beyond their
gtust pressing necessities, rho market IL
strictly nominal. ana round lots arc unsafe
sk0lr.
Fbe steamship CITY or Mexico arrived hcrn
gtsstArOay. from Nara Cruz. with III? hnaR
aud Ta9 mats of coffee .5==..5#
Ift,orK w t'uttAao Tho present stock If
fEeur IN Chicago Nv reported nt i56fi barrels,
against H.. 40 barrels u mouth ago. aul g.. 40
BARRELS Year ago
Tito postal order huanesa ST tho Mantgom-
Hry, Ala. pnstoi1lce, for the month II ucto-
ass, was tlie heaviest sInnn tho ayatNm was
established
United States scr rrnt4 advanced ronaidar-
ahIy yesterday mi Now York. and wore
quoted nj lnH i, while ut London they ruled
Mt fUea. :. llere III Nav Orleans there werc
sates 81 sG0No al tp2,
The Bank Of England money rate II still
quoted ut PCT cont. Int the rate of discnunt
DH three months hills in tho open market II
spow n. pef oaut, The bank lest yesterday
ELL 600 III bullion.
.t.,, Hold rad, .t.i-
day for Antwerp. with the largest cargo Of
Nssain or tho season. Sho las pn board 3I.oAp
Bushels of corn III bulk. 4H2i hu+hes on
wheat In bulk. and ,,,ll hushns Of rye ~ bulk
la all .i6i hushels
Public securities continue very quiet. and
ttaes sales ut The Exchange yesterday wnrn
sfn.o0n of State Gonsols and SGnon OF Pre
nrfum Bonds. States rucd at ~ !. against
as on Tuesday: and Premiums vnrn quoted
MT nv .0a9. the Same ns on tho previous day. |
At New York there was = saln Of Louisiana
Censols to tho amount of sla,oon III Az !.
THE AMERICAN CATTLE TRADE. Tho i'm |
preston prevails In England tho Amor
aca1 cattle trade Will assume tlrir great pro !
portions In the noar future. la order to meet |
tails increased demand for transportation ND |
ward of seventy steamers are now on I'd"
sstos,ls III the shipyards Or England anil Scot
| ard, being built expressly for this interest
" II whispered about that Mr.. Thomas A
ADAMS has procred his resignation as prosi
tstsHt of the Crescent NJ utual Insurance. Com
aany. MI Adams has for many Years on
auysd the reputation 81 being onc Or thc most
prudent. sagaaious and accomplished tnsur-
S1ate men 1T this city, and We deeply regret
SA&at he has concluded ~ Withdraw from nc
sSva business, lie will carry witt, him in hi
Estiroment thu best wishes ana ths profound
ssst respect nF thu community.
TIgE MoNll MAEhFr IN tHICAtfo Tho
Chicago Tribune Says ,hnt S4.0nn.Deo hnv"
gaeNi called in from New York hy onn Chicago
aaslk that had il loaned tnere on call To- Wall
street parties. yho Tribune SAYS there az
sill eeveralmtlltons of Chicago capital loaned
n Wall street. wltiehis likely to ~ soon with
1fra WI. IL the pressure upon tho lean market
sss Chicago Is growing, and there is every
ssESsspect Of Il good stu money market Tot TIL,
lzsSt two Ut threc months. lEn ruling rate
aet week for business WIS iahs n"r cent.
CANADA Has NJ Boon. Wnisn business of
svery sort Is improving With wonderful rapid
tg In every part 81 the United States, there
Il still very unsatisfactory state III affairs
III Canada. III Montreal business II much de-
sSEtsssed, and the condolences which WAS badly
shaken by The failure Of the Consolidated
Bank dces not revive. The failures during
Sue three months ending September .sn Ill the
whole VI Canada were NJ, against ~ III thn
corresponding three months Of ls1S; an In
7ttase 81 3a per cent. The amounts involved
Nex,e SG.42S.6i7 in the last three months. ami
Se1npared with S.G29. ~ III the correspond
sE@y time VI iAst YEAR
SUaAk ADVANCING email aJlvires from
she Northern ElarEets representa- further ad-
wance In sugar. the continued sugar pr0-
duetson has annually averaged tnr many
years 100000 tons sonm years ago, under
i alilar climatic conditions. there was aefi-