The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-08-05
FINANCIAL AND COMMERCIAL.
TRADE ITEMS, ETC.

=~..=-..- TRADE 1pEWS, ELI.
m cotton circles o. small business was done
N the staple yesterday. The market opened
easy and so ruled throughout the day, with
hit little disposition to operate. Holders to
yaalIze, were forced to accede To required con-
cessions. and the market closed ut a decline
nj &c. with sales Of only 200 bales. =
At New York spot cotton was quiet and de-
cljned 31Gc with sales Of 1893 bales There
was no report from Liverpool yesterday, II
being holiday. The Havre market was dull
at lower prices. Futures OF New York have
declined, since Saturday, q points on Au-
gust deliveries, II points on September, u
points on October, Il points on November
and December deliveries.
For sweets there was but little demand.
Notwithstanding this prices ruled firm.
At tho grain landing small business w.
done, and the feeling In prices is easy, wiz
lair supplies on sale.
Flour lahoved slowly yesterday, anu 'ne
sales amounted to only 900 barrels me leel-
Inc was easv and prices a shade lower
There was Yesterday onlya jobbing demand
FOR provisions. but in that way the movement
was fair ut steady prices.
The towbont John Gilmore, with seven
barges. reached here yesterday from vt.
Louis. portion Of the cargo OF this tow
consists OF 10000 bushels Of bulk wheat and
W. $50 packages Of assorted freight
During the last two years Of Radical rule
In Mississippi tho state tax-levy ranged from
40 25 to s14 on every thousand dollars. In
der Democratic rule it was REDUCED from sc SO
In 1876 To SO 80 In 1878.
The importation Of Aaerlcan leather into
Europe has increased over ono hundred per
cent since 1873. In that year Europe received
G5aq12 hides, and to judge by the exports
from the United States thus far this year it
will receive at the close over 5D0,0 900.
The stock OF cotton now in New Orleans Is
5GG4 bales. against 41G5 bales at the same date
last year. OF this 4o4o bales are IN presses,
unsoId or awaiting orders and 1924 bales on
shpboard. At Now York tho stock Is s97s0
bales.
Gen Walker, superintendent Of the tenth
census, ID sending out circulars to the
mayors of cities. asking for Information re-
speeding the social statlsties Industries and
general characteristics OF the cities Of the
lished In special report.
'Ten cents on the dollar" Is tho paltry sum
that relieves Police Commissioner Wheeler, OF
New York, from his mercantile Indebtedness
Creditors representing So7, 900 have agreed to
accept this composition. Meanwhile the au-
thorities are calling OH MIR Wheeler to rise
and explain an alleged deficit Of some $4,000
In the public funds.
State Consols showed considerable improve
ment yesterday, and closed firm at $500
3o9G. against 371 d13s On Saturday, with aales
of $5G 500. Premium Bonds closed ut 23fa "a
49,, against az GA on Saturday, with
sales OF $4,000. AT New York Louisiana Con
soils opened ut 371Isa. and closed ut $4,000,
with sales of 100000, of which $4,000 were
sold at 81, sellers 30. =..--rm.=M..-- An.
Messrs. Allen & Syme, the welI-known mil
lers, received yesterday by the steamboat
Martha quantity Of new, fully matured rice
It came from DR.. Bnlowe's Woodpark plan
tation, parish of PIaauemnes, and will mill
prime rice. It came consigned to Messrs. a.
PhlIippi & Co, No 4s Union street. Last
year the first new rice was received here on
the twenty first of July.
The product Of the Schuylkill region for the
week ending August was LIB, 795 tons, against
167 SOB tons for the previous week, and 1874, 976
for the corresponding week Of last year. he
total production for tho week was 557, 1871
tons, as against 2G9 tons for the same
week of last year-an increase OF 108,912 tons.
The product of the year SO far foots up 49, &c.,,
500 tons, against slo2, 1856 tons for the cores
6f
5,G69,77t tons. .=..=...-
The coinage of standard silver dollars will
show q deficiency between 100000 and $780,
600 of the s2,O0O00O fixed by law In the month
Of July. The deficiency Is attributed to the
want OF stock Of bullion at the San Francisco
and Carson mints aud the inability to procure
bullion at the market rates The mint at
Philadelphia Will be run night and day dur
Ing August, Iii order to make up the de
iieiency. #M"
The receipts of new Louisiana cotton yes
terday comprised four bales, brought by the
Thompson Dean and IaZoO. One bale was
raised by Mr.. u. L. Watson III Tensas parish.
and was consigned to Z. u. Airey IL Co 1t
was cassed Low Middllng and was sold for
lie per pound. Another was from Stamps's
Landing, and was consigned to Payne, Ken
nedy q 90. The Yazoo brought the first new
cotton received here from st. Landry parish.
One bale was raised by S. J. 9. Gordon. on
Atchafalaya river, and shipped to Levi II
Newman; the other was shipped by O. b.
Ardrus. Of Opelousas, to j. w. Burbridge Il
Co.
We find In the st. Louis Republican the fol-
lowing resolutions, adopted by the Cotton
Exchange of that city on the first instant, on
the question Of selling cotton by gross or net
weight ETC.:
Reaolred, First-That this exchange is OPP
posed TO the proposed change from the pres
ent mode of selling cotton gross to sales at
net weights for the reason that we look upon
imam 1nnn the nreseut n4la