The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-07-18
FINANCIAL AND COMMERCIAL.
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TRADE ITEMS, ETC.

variable, and that checked the demand. TIKI
feeling was quiet throughout, and the marke
nIosed as Ii had ruled, dull and easy.
There are now In New Orleans 1911 bales
pf cotton, against 1880 last year. OF this
1886 bales are In the presses, unsold OF
awaiting orders On shipboard there are only
15 bales. The stock ut New York comprises
1lo,7sO bales.
Sugar continues ID moderate request at
firm prices. Molasses Is quiet and steady
The trading yesterday was confined to local
buyers.
We nete q steady accumulation OF supplies
at the grain landing. The business was
small. There is no supply OF white corn 10
first hands, and. In consequence. for that arti-
Gle there was some Improvement In prices.
one lot selling at soc; yellow and mixed corn,
as well as oats, are IN abundant supply and
easy.
The provision market Is nominally I'M
changed. but the break down at Chicago has
Impaired q very easy tone to our local trad
ing, The demand is light and provision
buyers show very little disposition to operate
until they can more clearly discern what Is
coming.
In the line of breadstufs there was no
change In the market yesterday. The sales
were 1926 bbls, Ut which 1000 bbls were taken
by two dealers and consisted Of choice Min
nesota products In general terms the mar
ket was dull, and apart from the transactions
mentioned there was no inquiry except for
choice old winter wheat grades
The Selma Times says II the cotton worm
only keeps away, folks In Dallas county, Ala,
may look out for $4,000 bales Of cotton this
year.
The vote by which the protective customs
tariff was passed by the German Reichstag
was 217 to 117. 1t bears heavily on American
provisions grain, petroleum and tobacco.
The total amount OF cotton out OF the last
American crop, marketed abroad thus far Is
3.s47,5s7 bales, Or 5s,227 bales more than last
year.
Cooperation In London has extended to the
formation Of q company for opening laundries
On cooperative principles and at cooperative
prices The capital Is s25O,ooo. and share
holders only are allowed to benefit BY the
economies tn be effected
The visitation OF hard times seems to have
become chronic among English manufacture
ers. ia q [single town. last Saturdays dis |
patches say, forty mills are either working
on short time or have totally stopped. re-
duction Of the wages OF the workpeople who
are still employed is also threatened.
Il
The New York Produce Exchange Weekly
says: The net imports Of wheat and wheat
Hour into France for the ten months from
August 1, 1873, to May 81, 1870, were equal In
grain to G7,b61,667 bushels VS.. 1f.173A1
bushels net for the corresponding ten months
In 1s77l7s.
State Consols opened yesterday at Az,
went up to 451s and closed easy at 431sG1431s,
against 49, 414511ss on Wednesday,, with sales
of S122.50o ut the Exchange and $4,000 OUT
side. Premium Bonds ruled at 261s012Gss,
against 261 Qa264 on the previous day, with
sales of $4,000. July coupons on State Con-
soils sold at from 9O&@9t.
That ancient mariner, Secretary Thompson.
having been obliged to abandon the notion Of
enlisting lads for the navy by sending d sea-
going steamer up to st. Louis, has ordered
the repair Of the old steamer Michigan, on
Lake Erie, and designs sending her to Chicago
on the service which he has SO much at heart,
10 wit, the enlistment of Western lads in the {
navy.
According to the German official accounts,
the crops of 1878 In Germany have all turned {
out less than the estimate at the close of i
last year. Compared with the estimate at t
The close OF 1873. these figures show de- J
creased yield of wheat equal to 989 per cent /; i
rye, 1893 per cent; OATS s45 per cent; peas,
Aa6 per cent; buck wheat, 993 per cent; hay,
1l-16 per cent.
meeting has been held at Middleton,
Conn., composed Of mayors of cities, officers
OF towns etc, in Connecticut, at which
scheme was proposed to have that State Is I
sue Its own per cent bonds to the amount Of ]
the total issue OF the funded debts OF the !
cities, towns and counties Of the State, and to
lake bonds Of those municipalities at 4G5 as I
and making sinking fund Of the
difference.
- Ia
The running Of this big country Of ours is G
Certainly costly operation. The returns Of
are now all in and the footngs show al
hat the receipts Of the public treasury for &c
ne past fiscal year amount to 1914 O34, sic.
This Is a vast sum to be expended in the SUP u
port Of the general government, more than =
vice as much as is required for the support
u all the State governments, and estimated hs
It about Sc to every man, woman and child
n the country. m
The mining dividends paid in June amount -
d to s765, 800. These were the Consolidated
lirginia California Eureka Consolidated.
iomestake, Idaho, Martin White, Ontario,
md Standard Consolidated There were diyi- Id
ENDS from eleven mines In June, 1873 In Oh
iuding the California; Consolidated Virginia, II
nd Eureka Consolidated, and amounting to u
$50. showing decrease this year OF ~
i.2se,25S. This is due mainly to the decreased
ield OF the old bonanza mines 4