The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-31

Az the sugar sheds the rernrts do not In
0feaHe as rapidly IA ia usual nj this season
Yesterday the market was nnalcr Indicating
slight decline.
The movement IN Hour vest nr,la + amounted
10 only 40 barrels. ut tho decline of the pre-
vious day. The feeling was extremely duIi
although at the cloae hodere began IL exhibit
signs of revivlng confidence on account Of the
reaction In wheat AT the Weat
The tone Of the provision market yestar-
day was far from satisfactory tn aellnra. The
demand was extremely 4 III aud prices had a
downward tendency.
The bullion withdrawn from the Rank Of
England yesterday was ttGGooo The pro
portion OF the bank reserve II liabilities Is now
4s per cent, against iata per cent last week
State Conaola opened yesterday AT 43dl4a7 j.
and closed at a2a4 G64374 on "Wednesday. No
sales reported, At New York A. was bid for
Gonsols. Premium Bonds were very dull
yesterday and only one sale of $500 was re-
corded. They closed 2a6G2o,a. agaiuat 290
Yat. ~ the previous day.
According to tho Bombay cotton statement
made UP to October 30. the shipments thus
AAT. GFIlHAE1h NlhH lHFAt VI 1881 SAAl. RiI'W u
decrease of 100000 bales and with those OF
the year before of 10000 halnH. Tho receipts
are $4,000 bales less than those Of last year.
and 10000 bales leea than those III the pre-
vioua year, .~M =". M-...5
The expectation Of grain from this 10
Europe liz now or almost daily occurrence.
Yesterday the steamship City of Rriatol for
Liverpool, took out 2222o bushels Of wheat.
and the steamship Bolivar. for tAe same des-
tinatlon, $4,000 bushels or wheat. Tho exports
Of wheat from New Orleans 10 Europe since
the frat of September foot UP .45l ,2G5 hushele
aEninRt Bal ,2Sl bushels for the came time last
year.
THE ROAD OrEN 10 ARkANsA we are
glad tc learn that the last OF the quarantine
inlpediments has been removed, and that we
now have unrestricted husipaaa intercourse
with the State of Arkansas. Mr. Morey. the
freight agent Of tho Chicago, st Louis and
New Orleans Railroad. informa us that ship
ments Of freight via that road and Memphis.
to all points In Arkansas, Will be roRnmcd TO-
day. This will he NEST acceptable news to
those w our merchants who have business
relations with that State.
A GRAIN BLoGkAnE.=There Ia II grain
blockade til baltimore. and the price of atot-
aue In the elevators has advanced from three
eights of cent per bushel tor ten days' stor
axe TO one and three-eighths cents. The
railroad companies arc charged also with
getting la their whack by insisting 81 - per
day for each car detained to await the con-
yenience or cnnsiEncoa. This Of course IL one
of the reallta of the feverish state OF the wheat
market The spectators expect to realize
heavy profits by holding on to their stocka,
and the elevator men and tho railroads think
they have "A right 10 share ~ them.
MONEY IN rulnAnELrHlA.- Philadelphia
papers say that there is but a moderate de-
mand In that city for money, and 80 full j.
the supply that most OF the Phitadepn1a
hanks are investing III New York paper and
realizing much better rates than they can by
loaninR iii this cty, About the current rates
in Philadelphia for money range At i0cN. per
cent. best commercial paper 54s6 per cent.
four months paper OF longer y s6GG per cent.
loans Oh government collateral g sea per
cant. on first class bonds and stocks per
rant. and on second class bonds and stocks at
all rates agreed upon.
THE NEW NuRk BANKS. Tho business Of
the country and the Wild speculation III
stocks has outgrnwn the capital at the COM
msnd of the New York banks, and some Of
these are 50 seriously run down TN their re
serves that there Is talk Of 4 meeting Of bank
presidents to consider what is to be done, SO
far as can be gathered. the principal means
nronosed to be used by the banks "a protect
themselves and prevent what threatens pos
sibIe panic Is to stop certitcation OF checks
unless the money IL actually in bank. This
would be q potent remedy, but tho cause for
the remedy should never have existed.
CorroS SEED OlL-It il announced that
during the past year 100000 gallons OF cot
ton seed Oil were exported from New Orleans
to Italy, and 100000 gallons y France. The
surmise has been expressed In some quarters
that the large quantity sent to Italy Is for the
purpose of being converted into olive OIL by
means Of the requisite packages and labels
and under this guse sent back to this coun-
try. This Is indignantly denied by reputable
importers, who declare that 4 large proper
tion Of the cotton seed oil sent to Italy Is re-
shipped from Italian ports to Spain, thereby
avoiding the heavy duty imposed by that
country on American products.
COTTON AT SHREyEPoRr.-Th Shreveport
Standard, Of the twenty-seSenth instant.
says:
We have to chronicle another very satisfac-
tory weeks transaction, the receipts, sales
and shipments being the largest Of the sea,
SON. The receipts for the week were 1923
bales. against 2la5 same week last year max
ing total of 12S bales, against lu,e4t iast
wear. The sales for the week foot up 4Q2s
bales, against 1447 for the corresponding
week last year-factors selling 2o6l ana street
sales 2o21 bales. 81 which $3.50 We're taken by
brokers and S02 bales by SPECTATORS. The
total sales this season are 81 SIS bales, against
9614 same date last year. The shipments l lot