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


rpntrprts Hhnwlng mn advance III 1-1ee per
pound Futures. however, declined TO N
points, with sales of "a ono halas, the marker
closing easy.
THE Liverpool cotton market was active anh
flrrner Indicating an advance ~ lth III
mound with sales III 1000 bales tho fareNs'
/ or months past-ot which 0T0o were a neri'h"
The receipts At that sort we're $4,000 balas y,
which gGbo we're American. Futures opened
strong. and closed frmer. At Hnvfe thefs Was
a largo spanulatjya demand, prices having no.
yaneed, No II aeema that cotton Yesterday aa'
yannad In all the chief markets OF 'he WORM.
The sugar matke was easter reaterhav. aha
here was slight Increase In prices me ~
mand being fair. The receipts footed np 'spo
horsheads, and of lnolasaes 2eae barrels. Y
Old Probabilities nrognostications on eola
traaiher to-day or Tomorrow should he e.
elized the cane would be greatly benefited and
the supply would RAPIDLY increase.
Flour early In tho day. was In fair request but
tha Weather proviug unfayorahIe. the sales were
restricted to 900 barrels.
Provisions show no material change since
tast week. Mess pork settled down 70 81 ~ per
barrel FOR round lots, but dry aalted shoulders
and lard were irmar and hc higher
The receipts Of revenue III France for the ten
montha ending with Octohar exceeded the eafl-
mates Lat. 900, 900 franco.
The total easessed value " reRl aud personal
eatate In the District Of Columbia ls fa7 ,atm .abe
the jperense being ela1Da,Gca since 1870 mostly
lib personal property
The amount Of bullion Withdrawn from tho
Bank Of England yesterday wns unusually
4 arne~f4nn 600 The price of silver In London
liz now b3ss
The number of German immigrants landed
nj New York aince the frat " january last Ia
On. eqs, exceeding BY b2Ru the arrivals fer the
a anne period laHt year.
United States per oanta we're ,,,oted yaser
day nj New York Mt 1o2aeDto3. and ut London n
lGGf and vet there was y aale ut tho Now Or
leans Stock Exchange Of this class ~ soeuri
ties at lo2.
Our being cut ofT hy low water from suppliea
of coal the Philadelphia people and others ~
the Atlantic coast are sending the black din-
mouds't to this port. Yesterday there was an
other arrival from tho Quaker City of SIT tons
OF coal.
There was but little animation yesterday u
the market for public securities, and tho sales
State Console and s2I,ooo Of Premium Bonds,
Htates closed 1T 4asD44A. agninst 4s's@4t on
Saturday. Premiums closed at ~ Imaa'4 against
aeaSn2al8 On Saturday. AT New York there were
sales of &,s.ooo Of Louisiana State Conaola 1T
4sss and III $4,000 at 4aAs.
THE Hoop BarE-The hae OF cotton recent
ly sold at the Galveston Cotton Exchange for
the benefit of the Hood orphan fund. has been
Rhipped To Liverpool hy the committee In
charge, consigned to Hon. Judah r. Benjamin,
London, for resale there. suhioct to that disin-
gutshed gnntleman's discretion ~ the Interest
of the same laudahe charity. The halo gans
out BY the steamship Cairnsmuir tho captain
of which pteamer conveys II 10 tts destination
free of charge.
THE Law or GoLhATERArs question OF
Home interest to business mon was decided at
Cincinnati Oh Wednesday. Archbishop Tur-
cell and his brother. hong Indebted 81 the In
fayette Bank In the sum of 100000 had given 1t.
ma aecurjty three notes of one Beckett, each for
tqa 600 and payable In 1890. 1881 and 1882. Tho
notes for which this security wac given are pnat
DUE and the court was applied to for nh order
allowing the hank 70 sell the securities and pay
them with the proceeds. Tho court refused ~
grant the order on The ground that there was
no agreement hetwean the parties at tho time
or giving the securities that they should be Rold
ia default. The securities would not fail due
Till one, two and three yaarR. and A. they wore
given To the bank merely 10 secure tho ultimate
payment of debt T. must hold nn ~ thGm TIL
they themselves are payable: then. demand
payment and apply the proceeds ~ the iuutda-
tien of the original debt. The court further d.
clared that the rule ~ far M II has been do
Ala II, .,t ,l.,l.r
right To sell overdue securities. unless there
was an original agreement to that effect be-
tween the parties. il ho soils Thorn he does 40
at his risk.
FOREIGN SHIPMENTS from HT. LouTs.-[st
Louis Republican. eighth uatantI: In tho COM
mercia columns " the Rapub lean Of Thurs
day was published tho report ~ Secretary Nor
gan. OF the Merchants Exchange, " tha foreign
shipments from st. Louis, "a through bills "
lndiuR. via Atlantic seaporta. from January ~
September i. 1879 aud now h. SUPPLEMENTS this
statement with that VT shipments N bulk grain
from ~. Louis 10 New odehns since Jasuaryt 20
October 81. none however. being given In Jan
uary, as none Their occurred from tho condition
OF the river. Ia shipmont4 OF MI grain but corn
In 1878. that year displayed the mosi active in
terest La foreign grain eNport from this city In
lis history. II the instance of the deficiency Of
the foreign export ST corn IA 1878. i may Dc
stated that ii WAS attributed to tile fHI that
there had been some reekIes4Ress II making III
the quality shipped. and 4 check VA thus
given TO further movement from this port.
This year might have opened. however.
with an anticipation Of largely III
creased foreign movement OF Erain from
our elevators but unfortunately too low watar,
AZ least, proved one serious obstruction. and
thus far only IL The foreign shipment Of wheat
hy river is Al increase shown: In this conn"c-
tion It may ~ stated that = foreign shppinK
this time. which II destined % greatly. II not
wholly TO depete our elevat r. Z their aecumu;
lation of that grain-aapeoially NCs and rei
winter which had accumulated last Saturday
TO i.aA.24i bushes. OF which adl,so were No. 2.
But In addition to this river movement for eX-
port. cars will be loaded for Etstorn seaports.
which Will contribute in proportion to the re-
duction Of the stock. Barges arc now
loading At the 81, Louis and East st.
Louis elevators for Nav olleans and the in
formation is that they viii keep loading until
the purchasers ~ foreign account have filled
their contracts. The river Is VT low. but WIN
ter Ia near, and Il closing of the river probable.
and hence the movement lnangurntad. But As
stated there is an Eartern rail movement going
on and this will contribute 10 the emptyinE II
theelevators By, the close Of the month, II Is
stated all the wheat contracted for foreign
shinmant will have left tho elevators A le-