The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-11-23
FINANCIAL AND COMMEBCIAL.
TRADE srmns. ETC,

arranged. with sales Of 1000 balea. Of which $3.50
haIea were American. The receipts for two days
,uera "a. 800 bales Of Which n Go were Anieri-
can Futures opened cheaper. but subsequently,
nartinily recovered, and closed easier.
In New York the cotton mark ct was ensy. wi b
no change lii quotations. Tho sales wore boa
balae and 700 delivered on contracts There
wa no change Ia the quotations Of futures
worth nenti ming the Rales were 63.o 900 bales.
the market closing steady Tho stock " cotton
iii That city Ia 40 ae4 bales
The receipts MT the sugar landing yesterday
were amt hognbeads OF sugar and 1872 barrels q
ntolaszes. The market Continues ehsy
The fsaturs OF the -four market most notice.
able la the fact that receivers arc nearly MI re
strained from Offering freely Ivy reason OF
limits required By shippers md us these are ut
rates above quotations. or what buyers are
willing To pay, there IL consequently very little
business doing. TIE sales yesterday footed up
only 400 barrels.
Provisions moved slowly Yesterday. Dry
suited meats. however. were In good request for
SPOT goods. with fair sales to arrive. The tone
of the market was not 60 strong ~ on tho pre-
yious day.
ledge OF tin ore aaid to be one hundred
feet wide. ID reported to have been found near
Albany, Oregn.
From 1870 to 1879 the be, cous metal mines or
Utah yielded an average Of - oooo 900 per annum.
and the experience or the present year demon
strateg That its gold and silver mines are hardly
opened.
Illinois il considered to Be d tolerably we'll
cultivated State but with 2o.pnooDo acres under
cultivation II has 5000 900 uns,t'vaed aud m
area as largeas Mast aehusetts and Conneotiou
put together.
ii ID estimated chat tho product ~ the lead
mines Of the country viii be- ia 1879 fourteen
thousand tons less than last year. whilo tho ill.,
creased demand Will cause u deficiency Id tho
supply OF at least thirty thousand tcna.
The London Daily Telegraph. IN its financial
articles ON the nneteenth instant says that the
amallneaslof the Withdrawals of bullion from the
Bank Of England is dine ~ the fact that bonds
are going to America instead Ut gold.
ID
punLrc SECURITIES The break In the New
stock market on Fridnv had eTaet upon
Louisiana Goneo 4. and they fell from 90 70
Al and were quoted In this market nt 42eh49
Yesterday they recovered and $4,000 were cold
lin New York at 49,, and In thia market they
closed nrm Ht 44e4t5. with smiles of s}i oto. Pro
MUM Bonds closed ut 29's@4sss against 2a's@
2ah with sales Of SIT 900.
Germany sends to the United States for some
OF ita Christmas toys. Last week New York
3rm shipped to Europe sa,oho worth 81 Amerf-
can toys ndsuch Invoices have become quite
common. Toy pianos will be very cheap this
season. One New York firm has contracted for
tile delivery OF $4,000 or these instruments by
the fifteen Il 81 December. and Two other houses
have sent orders nearly re- large.
CoTToN MILLS STARTING. London Times
Of November 4 reports that continued in,-
Il proycment ia manifested In the Preston cotton
trade. The Rihhls Bank Spinning Mill. which
has been ate ptd for some months, has started
running. Messra Hnrrocks 4 Jafksons have
& started their large mill (which has been stopped
six months-ful time. Manufacturing Ia rap
idly advancing on tho Continent, quantities OF
mil machinery being almost daily sent by
North Lancashire firms aNroad.
DELIVERIES or PROVISIONS board OF
rDanagers of tho New York Exchange have
adopted the following rule regulating tho de-
liyeries OF provisions. Deliveries Of standard
provisions on contrnct must ba Of tho packing
j of the season current at the time OF delivery.
d ALL prime lard made between November q
any year and December Of the yenr following
shall BIO considered standard. and D good de-
I livery on all contrac,s dulinE that time. All
standard provisions shall by pa ked III new
pooperage, as provided for In the rules
oNE or THE FrFEcrs.-The decision OF the
gurreuae Court In reference to trade marks
declaring the law by which they AFRO iasuod un-
constitutional. will cut IA ff from the revenues Of
the Patent once about $4,000 q year. and as al
d the fees from this source have been wrongfully
nnllected, actions for their recovery II the
Court OF Claims are now 10 order. y ts the
opinion of the Commissioner q Patents that
In q matter so larg ~ affecting the business
interests ri the olntry some prompt remedial
nction should be taken by Congress, and. II
found necessary. IA amendment to tho const-
tuition adopted to fully cover the case.
TIKI RUSSIANS SEEKING A Nrw SOURCE or
CorToN SUPPLY. THE London Times has tho
following: The Odessa correspondent Of tho
Noyoe yremyn says about dozan Of the mo
eminent Russian cotton manufacturers have
lately gone to Egypt to buy enormous ananti-
Ties of raw material and hire al tho largest
plantations on tho banks n the Nile. The
chief aim OF these merchants. who arc stated to
be conjointly worth $1,000 o) roublos seems 10
be to shake OF the yoke OF the English and
Liverpool markets but ali ths produce OF Egypt
viii not suffice to meet the wants Of the Russian
y cotton factories.
MEXICAN MINES 1t Is said that very large
number OF the best gold and silver mines In
Mexico are passing into tho hands OF United
Htates CAPITALISTS. Some rich aud handsome
specimens of native silver from the mines OF
Batropolis, Chihuahua. Maxico. will yiold 20
Der cent Of their weight in refined
silver Other epe imens eeom held to-
eether with nails of silver. Some arc
on black and ruby silver that will yield
from two.thirds to tnree-fourths Of their weight
In fne silver: others are like branches Of trees
ID I'm crystals or In sheets. white green and Yellow.
II These Hre remarkable spec mems. and v III, II is
claimed, average $ o 600 per ton.
ADVOCATING Il NEW BANKRUPTCY JAw-The
merchants of Boston havs appointed COM