The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-11-19
FINANCIAL AND COMMERCIAL.
TRADE ITEMS. ETC.

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TRADE ITEMS, ETC.
The demand for cotton Ia this market yestet
day was fair, and there was nm advance Of y
per pound. The fact that tho Liverpool markt
was dull and TINT nf New York ruled nj An nd
vance somewhat unsettled tho minds of ~
cotton men. and the sales 81 the staple amount
"a 10 only 5000 bales.
The Liverpool market was duh. With sales Q
1000 bales. Of which 47oo we're American; ~
receipts were IL GOO OF which 1900 we're Amer
can. The Manchester market wac aut"t AM
ateBdy. AT Bremen cotton was t'rmer ana q
Havre prices we're barely maintained
Futures ri LIVERPOOL we're partially 1-isi oee
ter, closing barely steady.
Az New York the market was nominal lnhl
eating M advance of no per pound, fnture'
were again on the rampage, and went up % tc
~ points.
The sugar market was easy yesterday. an'
the demand waa small the receipts being set
hogsheads. while moasses was lower and ne
tive: receipts, sae barrels.
The -four trade was very quiet, and the sales
were something less than 1000 barrels. The
tone of the market was frmer. and on small
lots sellers obtained o slight advance IA prices.
Provisions continue fairly active. and priceH
show moderate Improvement. Mess pork
has been marked III i2ho Der barrel bacon Ia
S@Ac higher. and dry sailed shoulders and
lard show a corresponding Improvement.
In the lIst or exports yesterday hence for ELL
rome. we notice 12470 bushels OF corn IN bulk,
for Bremen and l631 bushels OF wheat. In
bulk. for Liverpool.
The tonnage * American vessels entered OF
n I,nn tx,
creased only per cent over that Of the pro
vIous year. while the foreign tonnage Increased
20 per cent.
The ofi1cial statiatics of the production OF
aalt In Germany show that the number Of salt
mines OK salt works III the several States Ia
sixty one. They give employment to ess2 work
men, and the annual production 81 sat is
lbT .5oo, 900 pounds
The New England shoe aud Leather Assoca-
ton held 4 meeting IN Boston last week and
unanimously resolved that the mercantile and
manufacturing interests of the country demand
the passage by Congress. ut Its next session. OF
n modified national bankrupt law.
The English government went Into the life
Insurance. business In 1856. The experience or
fourteen years shows the experiment to be m
Go seos,ooo. were issued, This year the policies
number Az, aud the amount Of Thorn Is only
$4,000.
PUBLIC SECURITIES State Consols were
quoted yesterday at 4414A.. against 49s4@4aA
on Monday. with one aale at the Exchange Of
$4,000. AT New York there was sale of $4,000
at 441s. Premium Bonds ruled here ut 2pA@
a9ss, the same ~ "a the previous day, with sales
of sIssooo. Tho stock market WAS active. and
considerable sales were made Of Waterworks.
St. Charles Railroad. Crescent City Oil and Oar
rolton Railroad Companies stocks.
THE EFFECT or STANDING ARM1Rs.-Largc !
standing armies and expensive fleets are i'm
poyerishing Europe to considerable extent. |
On the first of November Herr Bitter. the Prus-
sian finance minister, presented his budget.
according to which the income is fixed Mt T2e.-
tpT4l marks aud tho expenditure at 726 3ta.7 4t
marks. showing a deficiency of b.6oT 900 marks. |
There IL. in addition. to be an extraordinary
outlay of ESQ marks. - that about - 900 900
marks will have to be borrowed.
An OLp RIO CoFFEE MERCHANDISING Rot ert
Clinton Wright. who died at Baltimore a few
days since. was very prominent III his city both
a. a Democrat and Il business man. He entered
was one OF the pioneer coffee merchants of this
country. AT that time the shipments OF coffee |
from Rio were about 800 900 haga per annum
now, between 5000 ,CoOIiand 100000. The con- |
sumption of coffee In the United States was |
about 10000 bags per month; now. from 10000
to 10000
EHIrpu1LptNG ON THE CIYDE.-1ho launches |
OF vessels On the Clyde during the month OF
October represent . gross tonnage Of llsls
tons. as against 10000 tons last month. 14ooo
tons In October Of last year. and d. 200 tons Id |
October. 1875: but while the amount " tonnage
launched during the month does not figure
largely, the work on hand bus received large
and subsiAntt, addition. So far as can be as
"A 900 tons Of new iron have come to
the upper and 10000 tons to the lower reaches
OF the river In all ~ 600 TONS Inquiries are nu-
merous. and a healthy tone prevails.
THE FxroRTATIoN or BEEF.-Despite tho acts
prohibiting the importation of live American
cattle and sheep into English ports. except un-
der certain stringent restrictions. the business
of exporting has steadily increased. Nhe rec
ords on file lii the New York custom house for
The flrst eight months Of the present year show
The total number 81 cattle shipped 70 be- 27,237.
against %. ise during the corresponding period
In 1878. The total number Of sheep exported
during the same period was s266 In 1879.
against 1910 last year. Dealers say that the
demand In England is constantly growing.
The season for live shipments Is now ab out
over. In the winter the insurance on that class
of freight Is greater. the animals being more
Int to suecumb to the rigors Of the voyage and
,s dead meat can easily be kept fresh at that
lime OF year. ii is much less expensive to c3-
port In that shape.
/,
THE NICARAGuAN EHtr CANAL AGAIN.--If the
,lausible reports received from Washington
md Chicago are true. the question OF d Central
american shipcanal II nearer solution than ever
before. These reports are. first. that Rear Adj
niral Ammen, the American godfather 81 the
Sicaraguan project. has acquainted the presi-
lent with the fact that one Of the most substan-
ial banking houses or Europe. probably the
rsli l. -.