The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-06-03
1t the meeting Of the New York Cotton Ex-
Ill Il

| 1t the meeting OF the New York Cotton Ex-
lounge the other day the Secretary congrat-
|dated the members on the prosperity of the
|tnde Has evidenced by the busy employment
IRal our spindles, encouraged by q more
a1dy and rem lucrative demand for domes-
6manufactures, a large and increasing de-
fsand for our cotton goods for export to China,
&lldla,. South America, and even to Great
Basaln and the Continent; the harvesting Of
" largest cotton crop ever grown In the
lhahd States, and the planting under fair
Eadltons Of one which promises to beequally
WA i not greater, for the coming year.
N sales for spinning during the year we're
Al2s bales, and all other sales 102652 bales,
a,sing total Of 3l2,7s1 bales. The sales Of
Aare contracts since May %, 1878, have been
1aaQW bales. The deliveries on contract
@Mnt TO 2O6,25e bales The report Of the
~ York warehouse and delivery committee
W. owners Of cotton to the first instant for
nrhen months covers 1876 bales of cotton,
Im pounds of samples and 13O,422 pounds
anee cotton. The report says that there
RssaT SG6 members In the New York Ex-
aiss.
~ telegraph has brought the intelligence
1ne canal congress at Faris has decided
fanama and Lemon bay route" most
saaeie as means Of connecting the Pacific
tha Atlantic at the Isthmus Of Darien,
sllourned. The question now Is whether.
a'a'alsts proposing to carry into effect
ase enterprise will raise the required
ssepW, and begin the great undertaking
ue commerce of the world has 80 long
~ ~ The canal is to be forty-five miles in
~, ana IT is anticipated that the work
" completed IL about eight or ten years.
Noposed plan for construction Of the
by means Of huge stock COM
aao toll upon freights passing
ss1 The canal would make 8 saving In
suees from New York to San F francisco Of
y miles,; to Shanghai, 11.600 miles; to
80 lV,UoO miles, and to Calcutta 5000
English commerce. would be benefited
~ me same saving In distance over
sssent Cape Horn route. Based on this
aaaa on the value of ships and cargoes
soelo have taken the canal route In 1856 |
y the estimate that the Darien /
80 reduced insurance, interest on car
neat and tear OF ships, freight money,
~ Provisions, crews, etc, would, it is
produce an annual saving in money
~aae OF the United States Of $35, 995,a30.
seAcaa government has recently is
n .s..ee that Is Of unusual interest to
$50 merchants doing business with the
9, mat republic. Heretofore expen-
1 ~ seSatious delays have beer caused
aaers In the Mexican trade. These
Il were obliged to lie over at the first
y. !. 1eAico they touched until their in
s,s,l soods for that and other ports were
kna examined and copied. Not TN
NJ, This delay has lasted for several
ole the steamer could proceed to
.Alean ports for which she might
elent and passengers. The
news says the new de-
Sa 49, to does away with
Il [ls.sss nuous delay and enables steamers
on their way without inconveni-
IN uoyance. The decree provides that
~ commanders of vessels which
a. suaf trips and which carry mer-
hi !. = Two or more seaports in Mexico.
Ians J. uspositing in the custom-house Of
# Mn Il ahese ports reached the invoices
a14aa s1 slelf freight, and waiting in port
A. on' shall deliver merely to the
use official copy of the general in