The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-08-16
FINANCIAL AND COMMERCIAL.
TRADE ITEMS. ETC.


CONCESSIONS. New York futures have been {
tbecentre of interest. The fluctuations hay q
been wide and, contrary to expectation, h ave
rnled higher, being controlled at New fork
by the bulls.
AT Liverpool yesterday spot cot On was
aet and steady. with sales Of Go9C bales. Of
which $3.50 bales were American The re-
ceDt5 were 800 bales, OF whiC Ii $3.50 were
American. At Manchester ya,. as and fabrics
were quiet and steady.
At New York spots we're llirm at On advance
Of 1-1sc, with sales Of 4524 bales Futures
showed an advance of co 6 points.
The receipts Of cotton at all the United
States ports up to Y yesterday from September
2, footed up 4,481 344 bales, against 4,2z9l6o
last year. At New Orleans the net recelpbs
are 1,l73,G29 bales, against 1,31, 2bz pales ~
the same date last year. Inc STOCK ~ 80
United States ports is now 1921, against
54,24a bales last year The exports rom az
norts amount to 3,4281 1873 bales, against
3.3s0. 478 last year. Exports from New VI
leans so far this year 1,212,4s3 bales, against
l,421,6 93 last year.
The stock of cotton now In New Orleans ts
1923 bales falI In presses unsold and awaiting
shipment against 24o3 bales at the same date
last year The receipts this week amount to
only 24g bales against 578 for the correspond
ing week last year, and AGA bales last week
The August returns concerning the pros
meets Of the cotton crop, made to the United
States Department of Agriculture, show o
slight decline as compared with those Of July.
The average for the whole cotton-g growing re-
Rion is given at 81, showing loss OF per
cent since July, as follows:
North Carolina. s6-loss. per cont.
South Carolina, a2-gatn, per cent.
Georgia S7-Rain, Der cent.
Florida s7--iCSs, A Der cent.
Alabama, 1a0-gain, peg cent.
Mississippi, 97-gain. G per cent. #5.=m
Louisiana. s9--loss, per cent,
Texas 7a-losB, II per cent. AM
Arkansas. 96-loas. 7 per cent.
Tennessee, 1o5-gan. per cent.
Since the above was made, rains have been
very general throughout the country, and the
position of the crop has been materially
changed.
According to the Liverpool cotton state
ment, the sales at that port during the week
ending yesterday were $1,000 bales, against
$4,000 for the corresponding week last year.
OF this 80 600 were American. The stocks %
all kinds Of cotton foot up 10000, against
5S7, 900 last year. The receipts OF cotton at
Liverpool since September amount to 2,6f1,-
900 bales, against 2,85 900 last year. The cot
ton afioat OF all kinds foots up $4,000 bales,
against 154 900 bales last year. Of this only
10000 bales are American, against $1,000 last
year.
Business at the sugar sheds during the
past week has been on small scale. me
stocks are light, and under that influence
holders are steady.
The stock OF grain On the landing Ia fair,
and buyers are holding off with view OF
realizing lower prices on the arrival Of West
ern boats The demand during the week has
been for the local trade.
The receipts OF flour during the past week
were very small, amounting to only 635 bar
rels, and throughout the market was dull and
unsatisfactory to the trade. Heavy shipments
are now due, and it is said that buyers only
await fresh arrivals to operate freely, pro-
ylded their anticipations Of an easier market
are realized. However this may be, a fair
activity 10 expected next week in consequence
OF the removal Of most OF the quaraDtine5 at
country points, which It IS thought will In
crease the grocery and order demand.
Provisions yesterday were less active but
In other respects the position Of the market
was unchanged The feeling was strong and
lively anticipations were generally expressed
OF an increased demand next week. During
the past week prices have been steady t.
strong, with slight fluctuations favorable te
sellers. Pork, bacon and cut meats are all >
shade higher, and trade has been fair
throughout, especially in a iobbing way.
The receipts this and last week compared
have been as follows. Pork, Is barrels, against
1896 last week. lard, Is tierceS and 125 kegs
against 443 tierces and $50 kegs last week
packed meats-bacon and dry salt-154 casks
and 4s5 boxes, against 253 casks and 525 boxes
last week. bulk meats 30, 400 pounds agains
139, 900 pounds last week. 5
The quotation at the New Orleans Mint fol-
silver bullion is now 81 ~. per ounce for fine
The steamship Orator cleared yesterday BY
Ocean Il Co. for Antwerp, carries out $1,000
bushes of wheat in bulk.
The debt Of California in four years has
been reduced 1856, 21l, and is now less thar
S3,5O0ae0, while there is S1,49S- 40 in tn
treasury.
There was a slight advance In New Yorl
yesterday in United States four per cen
bonds, they closing at 1Olllol14, against 1907
on the previous day At London they stoo'
at 1861.
The money rate at New York yesterday
was at the close per cent, against per cen
the day before. The money market in tina
CITY continues unsettled, and the fluetuation
during the past two weeks have been wide.
State Consols closed here yesterday steady
at 3755m2s, against 3714Gg3s on Thursday
Premium Bonds ruled at 80 405A, the sam
as the day before, with sales " SCI 600 ct q
Al New York Louisiana Consols We're quotet
at 37Gl3s. with no sales reported.
This country pays 100000 annually for tn
privilege OF sharing in the inshore fisherie
of the Dominion, and our fishermen get
yield estimated at about $4,000. Iher