The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-08-10
FINANCIAL AND COMMERCIAL.
TRADE ITEMS, ETC.


ing freely. the sales reaching only fifty bales
At Liverpool the market for sp,t cotton was
reported as hardening. with sales Of 5000 bales.
Futures were 1-16d better. At New York spots
were quiet and firm with sales OF Eli bales.
The stock OF cotton In New Orleans comprises
26o6 bales. against 2a70 bales at the same date
last year. The stock ut New York is so ,434 bales
At the sugar sheds no business Of any import
ance was transacted. The stocks are small and
the demand light with fair feeling In prices
Business at the grain landing was quiet. The
demand Is chiefly for small lots and prices are
steady
The sales of -four Yesterday were q little short
Of 1900 barrels; still the trade was dull and
easy at the close. #-E="
Provisions. both in the wholesale and job
bling trade. were rather inactive. and prices
quiet, steady and unchanged.
The British bark Eliza Campbell cleared yes
terday for Bordeaux, with $4,000 bushels of
wheat In bulk.
or the wheat and corn exported from the four
Atlantic ports IN 1879. 50s per cent went from
New York, against 7s per cent in 18T3A, Is per
cent from Baltimore, against 10 per cent; Is per
cent from Philadelphia. against per cent; and
g.. per cent from Boston. against per cent.
state ConsoIs closed eaey at So ss@374, against
36ia@36A on Friday; no sales reported. Pre-
MUM Bonds ruled at 23tb@23a against 2s@2sa
on the previous day. with sales Of SCI. 600 Lou
isana Consols In New York yesterday opeaed
at 81 4 and closed at 37os7A with sales of $50 600.
Silver excepted Ia new provlso, inserted
after the amount Of the draft. In foreign bills
for An mi 70
on commercial bills drawn by German or Gu
ban firms. Except for the certainty that silver
would never be presented In payments. bank
ers' bills. 1t is thought would be drawn In the
same form.
Texas has q vast domain Between the Sabine
river on the east, the Red river on the west and
the 400 miles of coast line on the south, 1t In
closes 274ooo square miles, or over 175.0aoooo
acres of territory. This one State is larger than
the Kingdom of Great Britain. larger than
France and larger than the German Empire.
You could carve out Of Texas thirty five States
as large as massachusetts,. or nearly six as large
as New York.
The boot and shoe trade begins to show signs
of returning activity. tho time for the opening
Of the regular autumn season now being near
at hand. Although, through the enhanced
value of materials, the cost of production has
been Increased 10 TO Ii per cent. jobhers' prices
have not yet been advanced to any notable ey-
tent. Higher rates will. however. probably be
by and By. when the active season
gets fairly under way.
The New York World says 1.-The movement of
gold to this market from Europe has begun.
with the first supplies ordered from Paris. The
shipment appears to be undertaken simply as
an exchange operation. 8nd the amount already
offered IL over 100000. The price Of French ex
change Warrants the operation. and sterling is
very close to the same point; 1t remains to be
seen how these facts will be received in Europe.
and whether they will affect our OWE exchange
and money mark cts"
The cranberry crop in Wisconsin, 1t ls
thought, will be smaller than last year.
some look for an average yield. In
Berlin from reliable informatiga. the crop un-
will fall short of last season. The
season is about one week etslier than last year.
and picking will probably commence about
September |, unless some unlooked-for event
should occur to retard the growth. From pres
ent appearances the crop promises to be very
good In point Of quality.
Powers We1ghtman. the Philadelphia aut-
nine monopolsts. have not yet conveyed their
threat into execution to close up their manu-
factory. discharge their fifty employees. out of
spite for the repeal Of the tax on malarial fe-
vers and stop rakng in their millions Of
profits. They have not stopped their works.
but they have advanced tho price OF their sui
phate of uulnine on the fevor and ague shaken
classes as u punishment for wishing to get the
drug cheaper.
We take the following from the weekly butter
and cheese circular OF those large receivers,
Messrs. 9. FL. Lawrence q Co., dated New Or
leans. Augusta:
The receipts Of butter for the past week were |
only 149 packages, which Is sufficient evidence
p sh@W tha rat ,ais market has sm Toe low l9r
ting their stock here. Al present tho market is |
bare of oil grades. and receivers who had at the
medium grades have been able to close out at
pretty fair prices. Fresh receipts will be taken |
readily at quotations below, aud from this tlm Q
forward we look for good prices to rule. We
uuote Western creamery. fancy, 81 to 22c: Now
York creamery. fancy. 20 to 25c; New York
dairy, choice, 16 to, tic: Western dairy. fac. IL
dairy good 10 to 1875.
Receipts of cheese for the week. 5s4 boxes. |
rs mnrket ct present i bare OF stoek bu. tree
will suffice to fill all orders that are here now.
The demand Ia quite good We quote: Choice
Western Reserve. ~ to s G.; prime skins, 6 to
61se; New York cream, 81 to 1Oc.
The st. Louis Republican of the seventh in
slant says: 5Mm@m"5.
THE receipts Of wheat since the new crop be- |
gan to move forward to market have been the |
larkest in the history Of the grain trade of st.
Tor the month Of July 3000-
900 bushels In round numbers a daily average
Of about 100000 bushels; while the receipt. from
| amounted 4
bushels. against 6. 487 1881 bushels for the same
period In 1878, in which year. the receipts We're
The largest ever known to this market, aggrega- |
ting IA 80 al bushels. Previous to this year
since 1850. the largest monthly receipts We're
win lew executions to be credited to August;
Der. Whether July Or August Of this year shall
bear the palm remains to be seen"
COTTON CROP REPORT FOR JuLY.-The follow
ing is the official report for July of the commit
ee on Information and statistics Of the New
Orleans department to the National Cotton Ex-