The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-09-23
FINANCIAL AND COMMERCIAL.
rRADE 1rEl1s. ETC.

A4s-.~.s Il !
rRADE 1rEMs. ETC.
FINDER the Influence OF the large receipts OF
~,o,ton and the unsettled condition o. the mar
49, -,,rnad. the market here wss weak yestor-
-. es =. declined nc per pound. with sales OF
80 ~ hnles The receipts at this port 70 y CO.
800 1sasa~dav we're 4s42 bales. not counting the
.os~. "a the eteamer Lee. 1900 balea. which
81 - VI later in the day. The stock ht this port
y. -, ~ es bales against 10 s3z last year at the
go. asta of this only 367 bales are on ship
t,nsrd the remainder being tn presses. unsoid
-. s...,.,ng orders. The exports were only $3.50
bales. ... $1,000 ,oo, ~
s.a,,na IN price being unusually heavy. Nc.
st,a aales amounting 10 only 1876 bales. with 1000
4sies delivered on contracts. Futures fo- Sep
ea,nter md October declined "A points. and Tor |
IA subsequent months to ~ points. The mar
aet closed weak with sales Of $4,000 bales.
4 The Liverpool cotton market was easier.
showing decline OF lied per pound. with
sates OF coco bales. Of which 400 were Ameri- |
ran Futures also declined 1-1G per pound
The market for sugar and molasses IL en- |!
tirely nominal. and the sales are confined 70
Simplifying The wants Of the dealers.
The stock OF grain in first hands is limited.
IA the inauiry III only Of moderate extent. b.
IND confined chiefly to the wants OF the local
trade,
rrhe four trade was considerably excited yes-
4ardav owing to the reported advance In wheat
Ill the West. 1he demand was fair. ana mold
800 raa,yed somewhat better prices. which are
indicated In our quotations.
r,royiaions commanded far attention. West
arm adyices we're OF m exciting and favorable
deacription and caused holders to advance their
nrices On all the leaiinR staples OF the close.
mt the business OF the day was done chiefly at
Saturdays rates.
The import of specie at New York last week
amounted to s5,117.261.
The net receipts at all aited ates ports du-
ring the pact three days foot MP 4s.5o2 bales,
against 2o.2s7 bales for the same time last year.
The steam boat Robt. T.. Lee brought 10 yeseer-
Aay the irst big load OF cotton OK the season
1850 bales. The cotton boom" hos commenced
The steamship Morgan City. which cleared
yesterday for New York, has on board Also bales
"A of cotton, besides other articles OF CARGO.
which ii large load for this season OF the year.
Al dispatch from Providence. H. J.. received
vasterday reports cotton cloths dull, with little
doing, buyers and sellers bsing apart. There
was d fair demnnd. with prices tending down
sales amounting to 81. 600 pieces.
The American Miller. In expressing Eratihca-
tion at the adoption Of the GENITAL system
argues for putting 400 instead Of 1876 pounds o.
1lour IN barrels, and that -four sacks should
contain 100. 900 and $50 pounds.
The Secretary Of the Treasury hos trans
serred another SO 900 600 gold to the assay office
IA New York, to facilitate the dealings IN for
u airp exchange. This makes e,500o,ooo Ia OIL
thus transferred during the past month.
The 81. Louis Post Dispatch publishes full
account Of the bonds repudated In the States
" Kansas and Illinois, II shows Kansas has
repudia;ed b,547, 900. and sixteen different
counties and nine cities refuse to pay Interest
On their debt. which aggregates s3.5l7,ooo. sev-
snteen counties and five cities aud towns II
Illinois have refused and still refuse to pay In
1erest Oh their debt aggregating ss,517,ooo.
There was quite an advance yesterday II
Etute Consols Influenced. no doubt. BY the New
York anotatione, though the eales here amount
i id TO only $4,000. They closed steady ut 3994o
against ssH "a Saturday. AT New York there
WAS sale OF $4,000 mt sou. There WAS anothee
Bid day In Premium Bonds, aud s21250o were
sold at tho Stock Exchange. The closing rates
for this class of securities were 2oS@2vh
D against 27ss@27A On Saturday.
The New York Journal Of Commerce prints
table showing that the active stocks on "a
New York Stock Exchange have increased
s221 .ol20oo In value since September. 1873.
continues:
The conviction appears TO have dawned upor
eofne OF the Spectators that the situation wa
becoming quite grave, and that II was best 10
them To realiZs while there was an opportunity
they saw that the rubbish was being carried VI
6O high that II was likely 70 entangle the othe
stocks when the crasf came mo bney NAV NAV
On by others who were less conservative fn thet
Views This will account for. the. decidedl!
ragged market which we have mad for the pas
The Cincinnati Price Current OF Thursda!
last preflxes the subjoined remarks to It's reeu
lar weekly statement OF thesummerpo pork pack
1ng at the principal points In the West;
a8e ee IL boxs ohcago
shown an Increase on both the prevlous, weel
nat f mere i pe do , ba there
packers ready to Commences operations as sooi
n receipts my b Ss Ne toa lssths rs
moro doing than for some time past Cieve
land maintains liberal business. and Deda
Of hogs have advanced since Q, week ago an
now rule firm at 81 5000 IS IN this mark1 ,a an
about twenty cents lower az CntcaRo. MS .
the relHtion OF values now. Farmers are oithe
busy at other WORK, 80 rs not TO aalnlI Q
much attention to shipments OF hog
" territory tributary e 'hs srk mark IS nc
nlentY, The early future seems to promis
4 maintenance Of Ices q hogs, 1M,l
from abroad Indicate prevailing !. cling {
meats, and hence regular orders are otabund
ant Tho summer business. as n rule, has no
been remuneratlve to snip peers from this aidt
Gnrers VINO have consigned hams hugely tn
past season have espe Tally been unL,r ~,
IN The outcome. and the English markets OF
siderable OF g ocks In moro or less damage
condition. which depresses the market. III