The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-04-24
THE NEW ORLEANS DEMOCRAT, THURSDAY APRIL "a, 1870

TOO respectively. The second point is proved
from the fact that On Saturday last there re-
manned on hand but $1,000 pieces, compared
Boston. Providence, Taunton, New Bedford
and Fall River there remained on the twenty
ninth ultimo but $4,000 This is considered
most satisfactory showing, and one ], that y
patent to the most general observer. 70 Ut W.
ther show that many OF the mills nave the
opportunity to realize quite largely, II IS only
necessary to say that they have supplied
themselves with sufficient cotton at IA cents ls
to carry them through into October. Wnlle lloe
q pound OF that staple could pc pfoculeu w
day under II or IL cents.
When the mills were built they cost apo Jul
$ts per Spindle Now they are worth but slA,
vet to-day it is estimated that mill with ~.
900 spindies, representing $4S0,ooo, produces
12,O06,0oO yards and can earn per esL nv
Taxing from this the one-third difference Pc
tween the present and the original value OF u
spindle. it leaves an earning OF 5Is per cent
| on the first cost of the property. II Woula
certainly be safe to put that showing aea,ns ,,
| the earnings OF the banAs Oh Doeton' VI Guy
oV Today there are In this city 1872, 1863 spin
dies. ali OF which are working, including
those OF the three bankrupt mills, Wnd ci. uiu
another evidence Of increasing prosperity, as
ID also the fact that prints are worth three
sixteenths Of cent per yard more than they
we're a year ago. Then again, wealthy men
Il a coming mere ITUIu NEW p6uibAns s1u'uoAiy
| Taunton and Providence, bringing tnelr nnsl-
ness experience and accepting trusteeships
| IN the mills which fact will undoubtedly IT,
crease confidence. II ID estimated that the
mills are paying of 100000 per month Of
their Indebtedness, a statement that the facts
will bear out
FoREraN BREADsTUFF ITEMs.-Early In
the year the required imports OF wheat into
France were placed at 6,500,D00 quarters to
10000 quarters 1t 10 now stated that
X 600 600 or more will be required The crop
Of 1878 was estimated 1T 100000 qu..ts. or
| IS 900 900 bushels less than the crop oil 1877,
but during the crop year ended August III the
net imports had been 29.000to00 bushels to
supneme pt the crop OF 1877, and at the close
Of the crop year 1878 the reserve stocks were
small. It would seem from this that France
would require to import about 100000
bushels. of which about 4s,000,00O bushels
| have already been imported since August l,
| 1878,
The aggregated stocks OF wheat at London,
| liverpool, Glasgow, Hull, Bristol and Glou-
cester March 81 1879, were 6a5,214 quarters,
against 7OS, 1853 quarters December 81, 1878
and l,156,O2O quarters March 81, 1878. The
stocks of maize in London, Liverpool, Glas-
gov. Hull Bristol and Gloucester aggre.
gated March 81, 1879, 474, 551 quarters, against
E51 .g7S quarters December 81, 1875 and 302, 7Sl
quarters March 81, 1873.
The stock of -four in Liverpool London
and Glasgow March 31, 1879, was 199,o38 bar
rels and 23s, 141 sacks, against 1856 81 barrels
and GA D24 sacks December 81, 1873, and 80,
COG barrels and 2g7 g33 sacks March I'll, 1873
I'm. Y. Commercial Bulletin, April Ii.