The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-11-26
FINANCIAL AND COMMERCIAL
TRADE ITEMs. ETC.


Yesterday was lively daT III the cotton mar
Nat. and tho reported sales mounted up 10
sa 100 bales at an advance Of 80 per pound
This was caused by tho good demand and the
nharp advance In spots nnd futures IN tho New
Fork market.
AL Liverpool the market was quiet md steady.
with sales 81 1000 bales. OF which b4ea were
American. Tho receipts we're 2o.soo bales. Of
which 200 bales were American. Mid1lnG
Orleans Ia now quoted at cad In Liverpool.
against bysd at the same date lRst year Futur es
opened cheaper. but partially recovered. closing
barely steady.
The Havre market was fiat. and that OF Bro
mon quiet.
Tho New York market was ouiet. but showed
nm advance OF 40 per pound, with sales ot ~
bales and 1000 bales delivered on oontrsots.
Futures advanced u to az points, closing barely
steady: sales. $4,000 bales,
The receipts at the sugar landing continue
large. amounting yesterday TO 1892 hogsheadH
of sugar and s767 barrels. Tho damand Ia fair
and the market la firm. The cool weather We
have had for the paat ten days has served to nc
uelerste the rpenlna OF tho cane. and the gen
,ral report Ia that the production Ia improving.
The -four trade thus far this week has shown
eome Improvement both In the demand and in
more than two Thousand barrels sold chiefly a.
am advance OF t9so on rates current last week.
Provisions show no movement outside OF dry
sailed meats and Oh them the market II lower
Ter shoulders and slightly nrmer for sides.
Heavy receipts OF shoulders are In transit.
A dispatch TO the Cotton Exchange from Fall
River, November AZ. reports printH Ia moderate
demand nc 1890 oash for "a square. and Az
Tor soxts. but refused. manufacturers holding
Tor higher prloea.
The discount rate OF the Bank of England 70
mains at per cent but the discount ratio for
three months' bills ID the open market declined
yesterday To per cent. The withdrawal Of
bullion from the Bank OF England yesterday
amounted to Flag 900. Silver Ia quoted at t3s,
PUBLIC EsuuRrTtEs. -Thera wna no movement
reported yesterday III State Uonsola. they were
quoted nj 4gAGD44A against 4sa@p4A on Monday,
In New York there was sale Of $4,000 nj &C.,.
Premium Bonds closed Mt 99At02p'.. against
2sk0aah on tho previous day. with aaies OF
$4,000.
The directors OF the Cotton Exchange have
extended to Measre HILL Vance and Cameron.
the Congress onal Investigating committee. the
freedom of the Exchange rooms during their
Htay In the city. The same courtesy has been
shown to Mr.. jas. II. Randall and Mr.. h. w.
Hmall.
A HEAVY DRAFr.-It will require Mt least
100000 to comply with a recent not OF tho
Georgia Legislature enprOprating 500 to $40 TO
every soldier OF that State who lost an arm or q
Leg during the late war. The total amount paid
out thus Tar Ia over s2oNo TO $40 -soldiera and
,Ieiv lI.,r ~ ~ !, trft Jar
FAILURE ON THE OHAMrAuNE NRop. In Cham
payne Franoe n disaster has occurred unpar-
allied for sixty years. Not bottle Of wine has
been harvested: the loss Ia terrible fer the
small grower, and mounts up to rs 900 or 81, 900
francs for the whole department.. Tho grape
did not ripen. and II hsa been gathered only In
order to prevent treapasaers from entering the
vineyards aud damaging them.
The NrcARAauAN CANAL AGAIN. There
aught To be some Ore whore 90 much smoke is
rising over the project To make Gen. Grant pres-
ldent of the NioaraEuan Canal. Admiral Am
men st!ll persiets In the assertion that Grant
has been offered the presidency Of the Nioara-
guam ship canal aud that he will accept IT, In
an interview with \ correspondent OF tho DIN
cinnatl Commercial he makes the statement
from France to pledge sac goo 900 10 inauEurnte
che scheme provided Grant will lend his Her-
vices and influence to It.
Too KAaRR.-The way In which some pro-
ducers have suffered recently becnuae OF their
own eagernees tx take OrdnrR for future do
livery OF their products Ia illustrated by the
disaGreeAhle experience Of n number Of con-
Germs engaged In the mining 81 iron ore Ia
Missouri. These conoarns are now mining and
delivering ore In st. Louis Ht 81 per ton. having
made contracts early III the year for almost tho
entire capacity or the minea. Meanwhile orc
~ worth " per ton. and they could sell any
quantity Of Il vt that price II they had II TO sel.
PROTECTION DECLINING IN New ENatANp.
The doctrine " protection. II la generally be-
Meved has been losing ground In Now England
FOR several years. al least ever since the col
lapae OF the cotton manufacturing companies
there, This view Ia supported by Mr.. Edward
Atkinson, who has probably better means az
knowing the facts OF the case than any other
living man. Ha has several times said that
New England In ready to support measures for
IA iudictous revision Of the tariff II the Issue
were properly made. The Boston Herald also
anolines to the same view OF the case. and saYs
that with our industries ~ they are ut present
our lahorinE class would ia better Off III every
way than they now are II the tariff was Judi
ciously revised. does not admit Of doubt
NEW YoRK SUGAR MARKEr-The Chronicle or
che twenty second says:
New Orleans moaases hns sold moro freely
hut the receipts have increased, and prices have
decltned-an imp rtant item: foreign moasses
has been to q great extent neglected: 3ndD35o has
latterly been quoted for, so-test boiling stock
with grocery grades almost nominal. Raw
sugar has been dull and nominal at sTsRelse.
Refined sugar has sold very slowly and has d.
clinsd materially: crush Vt loADi1e. The fol.
lowing refers to raw sugar
Hhds, Boxes. Bags Melado.
Receipts since
Nov. !. 1879 1891 s.tsi sl.sa4 al
Sales since Nov
/. lsTo,........ 2o.plo h.cas lso.ssi 1915
Stock Nov. 10.
1879 .......... A.M6 lolTT s4o,7oa oS4
Stock Nov. 40,
". 1873 ,;,... 1880 1854 2Se.Saa 1877
Stock Nov. al.
1877 ......-.. 1880 lh.9Ta ls4.s61 IL
GRAIN TO New 0RLEANs BY BARGKs.-A tow
OF bareas in the st. Louis aud Nav Orleans