The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-19

Icept,ble TO speculative influences such ~ cot
ton breadetuifs; provisions: daf Ga, fhnnah
w VIZ i Gaa erG nuetuaoos u and
Intent ii d9 nlaaa rs ns Tsn not a
70 push The b9on n oe tsnd y ~ q
Point 2; ,Ss mSrrn q pro sabsato
rally redneee o M henithfu activity. and bring
!, Everything again to dead halt
The New York Economist says:
The CITY ID crowded with country merchants.
and tho hotels particularly below Ihirteenth
s bem f Or r oa9 With Tie Of these
extra buyers added to Tho usual floating, pop ~,
places of amusement and tho city railroads. o.
well o. the hotels and jobbing houses are sha ,.
as rn as h"s Resn eb d BY
men that This yoar III ,greater degree than
since 1897 the country meTGhans afq vslK Ie
of The commercial traveller. and from 1T They
argue 4 general prosperity IN oil parts q th9 "a,
ID tions 81 the country aud their orders are for
before speakR Rs,d q y ho sni ID t6 Of
largest jobbinK- houses ~ fabrics. s4ia: ~ =
the experience Of every house IN our ng .l,al
better finer and really more expensive class n
IN tho history of the trade. Sales arc larger
and collections never were easier W make. ~ r.
n time OF Unprecedented prosperity In busi-
ness ~
DIR GooDs MARKEr.-The Boston Post OF the
fifteenth, instant. weekly review. has this TO
say about the market for dry goods:
This speculative movement has boon started
during the past week In tho print cloth market.
and buyers ofthis article haye l'd on WIN pnr
chases q pieces 70 fa yer ahn Tx r,p III
hands of speoulators and hhve bonn WithdrnWn
from tho market. leaving ,practioallyA stock Or
taI tIIs 1lr
weeks production. In tho hands n Fnll hlyar
manufacturers. Printers are lnst beR,n,n,lh l
- lay lay in stocks for me prohue.aon OF ,a t,
speculative buyers on i nearly bare market,
the prospect IL that n,much higher range q
value will soon be- eatabliahed A. II 10. z sharp
advance has taken place during the past Week
The sales have been Mt y range ~ 3t.s plus
cent 81 Il aas t"f Il e. tim ana casa .g
cAah Ia freely bid and 31.Nn4c. cash. asked Tor
the former and a'sr. .ensb. asked for The latter;
Jns, now tho Indications Rra that buyers Will
have to come no To tha sellers mark
THO print market. Vt thls atngs Of tho sonson.
daos not ay,npntnis with the Upward lanaenny
Irregular merely til ksaa jnbhsrR' naaprtmsnta.
and prices ofaevoral of tto lending brands hnve
still furthnr reduced to close ont stocks OF tnll
4 goods The production af those hna boon Who'll
ly discontinued by foms ot the printing comua-
MES, md othnrs. arc running On short timn.
j GinghatnA III rhaifa nWW styles continue IN fnir
demand ind tbs s,ina niay b. Anil ~ American
fancy dress goods Simple foreign dress goods.
RNEDHrlnIlf
steady request while high faneios nre nearly
out 81 tho market the seasonnbe importntions
4 having haen absorbed
Ms henvy fall fabrics arc cone rnad. tho seha9n-
able demand from cloIhiers being over while
The jobbnR trnde haa boon temporarily .h ohaokod
dnubtedlya large consumpttve requirement. yet
u bs supplied and tho tlrst cold snap will give
meantime he production IF fell goods has boon
mostly discontinued. and The, balance q stocks
has passed intothe hands q dealers . Tho pop
ready scarce. and prices have rathar m upward
tendency, GloakineH. shawls; blank t. and
derwear md knit woratede continue In fair do
| mand and firm. Tho seasnnnhe demand for
light spring fnbries has inrly opened. 50 far ~
/ the clothing trade is CONCERNED. and large or
| ders have already been placed FOR medium and
| low grade fancy casslmeres. chovlot and
worsted suitnRs. e. very full prices.
i SOUTHERN CorToN FACTIONS. -lNew York
| Star. IAN important auestlon--ln no, way re-
| lated to pottlcs-is just now under discussion
| ut the South. Tho answer which shall % made
| to IL concerns the North almost na much as 1t
concerns those whom 1t rests 10 give thnt
Tho question IL: Shall The South have its
| own cotton fnctorleH2
ges of spinning cotton In the Locality where IT
IL raised has already been made mill e
Carolina, ali thus far tho results produced an.
| pear to fave outftripneh the expectations OF
tuosa Wh,5 started the 0Efsrpriae
4 The culn ,tty Of this factory Ia said to DO be-
| tvae Ia 10, ana tour hundred pounds OF seed
| c,ttDn yer Hy and tho yarn manufactured
y M kana aysrax9 z, IL
4 ths cotton Nv taken from the gin and brush On
carl end e,mos. out in, q roll; and dealers assert
lthat tha thrDaia made by thio process rate
great deal higher than threads made from com
! pressed rnton.
II ,no foregoing % true. and we take into
consideration the money savei on hagginR.
ties. packing. weighing. storing and transporta-
l,n. what is to prevent ;hs Southern cotton
deneo III Nav England manu- tacturors. and fur
nishing tho market with q better article ut o
cheaper rate than ths latter now supply. -.
1 Tho only obstacle Ia the lack OF cnpitai Tor
i the construction and equipment OF the mills,
but i the facts support the accounts given OF
there, will be no trouble ia obtaining the neoes-
THE carbonate fields Of Colorado and the
mines Of California and Arizona present 40 at-
traetions to tho prudent capitalist comparable
with those which the manufacture Of cotton at
the South with such results rs We have referred
10 offers We are ,glnd. therefore, to learn q
the interest excited By this question throughout
the ',ulf States. and trust that discussion
| pregnant with such important consequences -
| the Industrial interests Of that section may
lend to some practical measures mt an early
| day.
WHEAr-EUBorEAN REQUIREMENTS The re-
cent advance In wheat and breadstuf1+ calls
public attention again To tho probable Enro-
4 pean requirements and an estimate also OF the
wheat production Of the United States for 1879.
| The latest advices from careful eetim stes are
| that the wheat reauirements OF Europe will be
2ss 600. 900 bushels II + believed that this coun-
try will supply this demand to the extent Of
1876 900 to ITO 600 bushels leaving $4,000 900
to come from other wheat producing countries.
According to thorough calculation: oaever.
thsre must be- deficiency t, for making VERY
than the United States cnn furnish bur 81 900 900
| bushels In view Of this deficiency 1t i5 impor-
| tant therefore. to know how far this country
can be- drawn upon to meet the enlarged de-
mand that will be certain T., come rs soon AZ
1 foreign markets show IN insufficient supply
1879 Is estimated at al 800. 900 bushels.
/ The product Of the several States and Terri
i ll1,tur InlI