The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-05-25

The ship Mort,ll arrived at this port yes-
terday, from Rio dc Japeiro, with 4536 bags
OF coffee.
At meeting of the board OF directors OF the
Cotton Exchange, held on Friday evening, the
following gentlemen were appointed special
committee to suggest subjects to be brought
before the National Cotton Exchange, to be
held at st. Louis on the nineteenth 81 July
Messrs. j. l.. Harris, j. w. Labouisse and j..
Landrum.
State ConsoIs showed an Improvement
yesterday, closing firm Mt 49i4 04s1s, against
4s1sdf49 on Friday. Premium Bonds ruled
firm at 2G9sda26ss, against 261sm264 on the
previous day. The sales at the Exchange
amounted TO $4,000 OF States and $4,000 OF
Premiums. Outside the sales Of 25 shares Of
City railroad stock at 16l. and 30 shares Of
Waterworks stock at 32ls showing an I'M
provement.
Since September 1, 1878, we have received
at this port 1901 ,267 bushels Of wheat. IN
bulk. against y8g3si bushels for the same
time last year: osTls bushels Of rye, against
514.7s5 bushels last year, 3,55s,0s9 bushels OF
corn, lii bulk, against Az ,789 bushels for the
game period last year. This statement shows
that In the bulk grain trade New Orleans has
gained heavily In receipts of wheat, but has
lost largely In corn aud rye.
or cotton seed the receipts at this port show
large falling of from those Of last year
Up to this time 1,IO0249 sacks have been
brought to this city. against 1,7s7,G22 sacks
FOR the same time last year. The receipts OF
sugar foot up 16s 643 hogsheads, against 49, ia
last year. or molasses there have been re-
ceived 274.52l barrels against 3l2,13 last
year. or -four boa,p26 barrels have been sent
here against 4se, 612 last year. -..=-
The Committee on Ways and Means In the
United States Houssof Repre- sentatives have,
Ii Ia reported, postponed the consideration Of
tie bill removing the duty on quinine to the
regular session. Why is this2 Are Southern
Congressman feyer-proof- require no aui-
nine-and are under the impression that their
constituents are In the same anti-febrlle con-
dition2 1t Ia our impression that 1t IL about
time that this nnst burdensome and inigui-
tous tax upon drug that Is an absolute ne
cessty here at this South should be abolished.
and stop be put to the unfair and exorbitant
exaetons Of the Philadelphia monopoists of
auinlne. Our Louisiana congressman would
do well To give this subject their special atten-
tion. AS regards practical. immediate effect
the subject OF the repeal of the duty on quiz
nine addresses itself fully as urgently and
powerfully az the condition of levees, ietties
and amendments to appropriation bills.
n ---~----~--
Ht Louis Ia spending her money most free
", and stretching out her arms to gather up
the whole OF the trade with Texas. The Re
publican, OF the latest date received. says
s'Several prominent citizens OF Texas have
projected road Of il6 miles, extending from
Tyler to Texarkana, on the Texas Pacific. In
order to furnish competing channel of trade
to ut. Louis. After building twenty-one
miles the projectors sought the cooperation
OF st. Louis cotton men, who seem to have
taken warm interest In the scheme. The
company has been reorganized with four ST.
Louis merchants In the directory, the name
OF Texas and ST. Louis Railroad Company
was adopted and the scope Of the enterprise
was enlarged. The limo Is 10 extend from Ty-
Ter via Corsicana TO Waco, a distance of GAG
miles. The road will intersect with tho Texas
and Pacific and the international and Great
Northern. Surveying parties are at work,
and municipal and county subscriptions are
said TO be promising"
The London Economist publishes table TO
show that up TO the first instant tho advance
In raw cotton had only darkened the prospect
before the British mill owner. In tho four
monthHbetween January ana May 1, there
was rise OF ~ cents per pound In Middling
Upland cotton. Yet the advance In staple
yarn was only ~ cents per pound, and staple
shirtings gained no more than = cent per
pound. When tho comparison Is carried
further back, the exhibit looks still worse. la
the 16 months between January 1, 1875 and
May /, 1879, cotton rose 4 cent per pound. This
slight increase In the cost Of raw material
was accompanied by ruinous decline In the
price Of manufactured goods. Yarns dropped
II cents per pound. Shrtings fell az cents
per pound. Tho candle was ON fire at both |
ends. Naturally the mill-owner burned his
fingers to the bone. BY the British trade re- |
turns the margin In price between pound of
Middling Upland cotton and a pound of 4Os |
mule twist yarn has been declining steadily !
dar year 1876, 9 cents in 1877. and g.. cents In |
1878. It was only 81 cents by the quotations
current on the first instant.
~ WHAT GAS CosTs IN EUROPEAN Cities
we yesterday directed attention 10 the com
paaarattyely low price OF gas In Parts 81 70 per
.eoo cubic feet; the price in the United States
varies from S2 TO So The London correspond
Nv Mn ~ we Cincinnat Gazette reports that in
s T,n9iaaha VI Ia usually thought rather high
,1 M ~ ~ present b 81, or "a cents In nearly
II cents a I'M aorns M price y rarely above
pied at "a 81 per 1000 and at !" the t us, 70 sup
thet y ps.a.s The correspondent test stiff
conf IN England VIZ nj might be supposed,
snan IL the United STATES in nlaeas aearnr
IL ss'a u from the coal PITS Lahar be equally
49, ~ course, cheaper Maneha.sth III yNeser
I.sas have coal pits at their vars Str ana
at rntss n points what is called good coal r., anu
1Ss'ai ~ per ton of 22io pounds. In ol Tvs