The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-08-13
FINANCIAL AND COMMERCIAL.

FINANCIAL AND COMMERCIAL.
TRADE ITEMS, ETC.
The receipts Of cotton have been light and
the market has ruled quiet and easy, with
liberal offerings and small transactions, the
sales amounting to only go bales.
At New York spot cotton closed steady ct
decline OF lice, with sales Of 1905 bales
The stock now In New York comprises "a, 529
bales.
At Liverpool spots were firm yesterday,
with sales Of 5000 bales, Of which 600 bales
were American. Futures opened firm but
closed dull, with light offerings. The Man
chester market was firm. and holders de-
manded an advance, but buyers refused TO
meet the demand At Havre the demand fof
cotton was moderate, and prices were firm.
A dispatch from Fall River reports prints
as quiet at previous prices. At PROVIDENCE
prints were quieter, with few buyers. frleeS
were steady at 41s0l4 3-16 each. Sales o0,oDo-
Business at the sugar sheds was quiet and
the feeling In prices firm.
The movement in grain yesterday was only
moderate and supplies being fair, prices We're
easy.
Az com pared with the previous day, the
proyision market showed fair improvement
There was some trading In cut meats and
bacon. and for the entire list Of hog products
prices were fairly maintained.
There was scarcely any trading In -four
yesterday. Only 40 barrels were sold. The
feeling was weak and prices receded little.
tao nj 5,,rir IN
and buyers appear to be holding of until
these fresh supplies are placed on the market,
when they hope to obtain further conces-
sion In prices.
The bark Perigny arrived here yesterday
from Rio de Janeiro with 1927 sacks Of coffee.
The shipments Of specie during the past
week amounted to s259,20O, OF which S164, 500
were in gold coin.
The assignee of the German Bank, of st.
Louis, which failed over a year ago for s209,
Co., on last Monday paid a dividend Of 10
per cent, making 90 per cent thus far paid.
The stock Of cotton now Ia New Orleans con
sists OF 27O3 bales, against 2913 bales at the
came date last year. OF this 1757 bales arein
presses, unsold and awaiting orders. and 946
on shipboard
An instance Of the very largely increased
acreage Of crops the past year is noted in the
fact that single firm engaged In the manu-
facture OF reaping and moving machines Ia
Ohio, found themselves In July no less t han
1900 machines short Of orders.
There are three enormous boards of gold In
Europe upon which, during the coming year,
we shall make heavy drafts. We refer to the
reserves In the banks Of France, England and
Germany. The harvests are bad in all those
countries
The English lead industry Is very badly
depressed, sharing the condition Of iron. The
Duke OF Devonshire gave notice Of his inten-
ton to close his mines at Grassington On the
first OF August. Production OF the North
mines has fallen of more than $1,000 tons az
compared with last year.
The stock of coffee at New York yesterday
was 10000 bags. New York continues to
maintain her position q The ta leading Et
caved thus far this year 149o, 4o1 bags. Bal
timore received during the same time 565,56o
haos and New Orleans 142, 1872 bags.
pnhlc securities yesterday showed some
,nnrovement. State Consols closed steady
at 3724m381l, against 371ag37@4 on MONDAY,
with sales OF $4,000. Premium Bonds closed
at 235108A, against 23790235s on the previous
day, with sales Of $4,000. At New YORK
Louisiana Consols opened at 31t+Cg35, ana
closed at 381s@3814.
The Chicago Inter-O Ocean says that the
recent decline in lard has been severe. Il y
believed that the market is now Ia cent PEI
mound below the average price at Whlch the
combination took hold, involving loss q
some s25o,o00 on the quantity held by thefn'
Capital does not always win in the Struggle
with labor(ing BEARS.
REPORTS from Mexico state that on the
western coast of that country trade Is III d
declining condition. Fewer ships are coming
there and mercantile houses are WlIndra"lnS
from business, and importations from lail-
fornia have almost ceased. This Is the eliecs
of the Mexican tariff, which has also resulted
In increased smuggling.
- Cattle and sheep raising in Wyoming Ter
rttorv ia assuming enor nous proportions. II
Ia stated that some Of the largest stock mel
veil, nav az high as $4,000 Ia freight before
the shipping season IS over. More thaf
600 pounds of wool have already heei
shipped East from Cheyenne the present sea
son.
a convention Of trade journalists Is 20 p
held In Chicago on the ninth ard tenth OF ~
tober next. TIE objects of the assocla1ol
az set forth in the call made by the Cnlcag
Journalists, is to establish friendly RELATION
and more intimate acquaintance6h1p anon
trade journalists, the exchange Of notes a.
views on matters Of common interest, an
mutual Improvement Of the craft generally.