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

n
TRADE ITEMS, ETC.
dull yesterday. The offerings Were free and
in consequence of the absence OF buyers the
sales amounted to only Is bales.
AT New York spot cotton closed firm, with
an advance of 1ssc-sales GIG bales The deliv-
cries on contracts amounted to 21o0 bales.
The market at Liverpool was firmer, with
sales Of $4,000 bales, Of which 10000 bales were
American. Futures were 3-32d higher, the
market closing quiet. At Havre cotton was
firmer.
Futures at New York declined 5 points on
August deliveries. 2 on September. 10 on oc-
tober, s on November and December, " gu
January, on February, and IL on March ae-
liuaries.
The stock Of cotton now on hand az NeW
Orleans is 1898 bales all in presses, against
2s45 at the same date last year. At New YORK
there is stock OF 80 62 bales
Az the sugar sheds the demand for open
kettle sugars was fair and the feeling in prices
firm. Molasses is quiet and steady.
Business at the grain landing Is quleb ana
There was scarcely any trading IN flour yes
terday. The feeling was easy, and buyers
bid sharply for lower prices; there were,
however, 10 quotable changes in the market.
The quotation for silver bullion ut the New
Orleans Mint liz now ST. II $40 per ounce, fine.
1t appears by the last monthly report Of
the controller of New York that the net debt
of that city on the thirty-first instant, was
S124, 1875 $50.
Counterfeit tive-dollar notes on the Globe
National Bank, Boston, letter G, and Dedham
National Bank, Dedham, Mass, letter b,
made their appearance Saturday last, at
San Francisco. -.5z
The Atlanta (Ga.l Constitution, one OF the
most ardent and influential advocates Of the
repeal OF the quinine tax. thinks that this
branch of tariff reform will not be- complete
until "the action of Congress Is amended 50
as also to remove all duty from the alkaloids
OF Peruvian bark and their salts"
State Consols closed easy yesterday at 371s
@371a, against 3711sa371s on Wednesday, with
sales of $4,000. Premium Bonds We're I'M
usually active, ruling at 2214 D2211a, against
221S@22s44 on the previous day, with sales Of
s125,o00. AT New York Louisiana Consols
oped at $685., and closed at 37@37llaa, with
sales Of $4,000. .-z=
Messrs. Small & Co. have sobligingly fur
nished us with a dispatch received by them
from Rio de Janiero, dated March g. from
which we learn that tbs purchases OF coffee
In that market since July 30 amounted to
d., 900 bags; stock on hand, $4,000 bags !;
clearances, none; average daily receipts, 49,
OOOEbags; price, $500; exchange, 21l4d.
We have received q sample Of the first
t'new crop Of rice Of the season 1880. This
was milled at the Brook Rice Mill from the
eight sacks which arrived here on Tuesday
from Plaquemines parish, and noted by us at
the time. 1T was sold, at 10 cents per pound,
10 Messrs. Dan. Talmage's Sons IL Co., Al
and 43 Peters street. ..5
The fact has been developed in Philadelphia
that the clerks Of the water department have
been quietly stealing the public cash for
twelve years, and they have actually bagged
over $10oO,000. These thieves have lived ex.
travagantly, and have sported diamond
breastpins, but nobody seems to have sus
pected any wrong until recently.
The Controller Of the Currency has issued
circular to the national banks, requesting
them to inform him of the amount Of State
county, city, town or other municipal taxes
paid BY them for the year 1878. The state
ment of the banks will be tabulated when re.
ceived and the results published in the report
to Congress at the next session. [.
The receipts of wheat last month at Balti
more were larger than ever before recorded
and amounted to 5,122,955 bushels, against
2,727,749 bushels for the corresponding month
of last year, while the foreign exports were
3,946,656 bushels for July, 1879, against 1891,
621 bushels for July, 1878. The activity il
the receipts and shipments Of wheat has In
fused new life into Baltimores shipping in
terests. -.@@
The nations in Europe arc In q curious
muddle about tariffs. Germany, which has
been free trade is imposing protective duties
on many articles to stimulate home produc
tion while in France which has had pro-
tective policy, free trade is making Roadway
At Lyons, recently, free trade meeting
numbering 40o0 was held England is also
discussing a tariff, but the free trade senti
ment yet largely predominates there.
The continent of Europe has taken from thu
United States, from the first of September t.
the twenty-sixth of July, Of flour, 1874 bar
rels; Of wheat, 50, 800 ,O42 bushels; of corn
12,2s7.939 bushels; rye, 4,426,593 bushels
Great Britain and Ireland have taken, dur
ing the same time, 2,052, 2s6 barrels of flour
5s,300,s $40 bushels of wheat, 37S bushels o
rye and 61, BIT, 200 bushels Of corn. OF wheat
1t will be observed that the quantity taken b.
the continent is but 100000 less than tina
taken bv Great Britain and Ireland.