Newspaper Page Text
Commereial and Financial Iatters.
The steamship City of Berlin, which left
N^ew York last Saturday, carried out 450 sew
ing machines for Germany.
The receipts of cotton so far this season at
St. Louis foot up 241,716 bales, against 217,101
last year, showing an increase of 24,615 bales.
The steamship E. . Souder and the
sohooner Theresa G. Gultrez arrived yester
day from Havana, bringing respectively 849
hhds and 230 hhds of sugar.
Vaults for storing the government silver are
to be built in Philadelphia and San Francisc9.
They will be like the New York vault, already
described m these columns. The three vaults
will hold $100,000,000.
The abundance of money offered in New
York city on good security may be inferred
from the fact that $2,000,000 are advertised in
one journal. The terms are 6 per cent on
first mortgages, city property, and it is
stated that $10,000,000 could probably thus be
obtained without delay.
In securities yesterday there was quite a
large movement, and both State and city
advanced. Consols opened at 72%, and closed
at 72/,@72-', against 72' 472' on the pre
vious day, the sales footing up $305,000.
Premium Bonds were in good demand, and
opened at 327' and touched 33, but closed at
323/-@32'4, against 317@'32', on Wednesday,
with sales amounting to $280,000. Of Stocks
there were sales of twenty shares.
The New York Tribune, referring to the
unusually large number of. passengers going
out to Europe in steamships and sailing ves
sels, says: "Plenty of bankrupt merchants
went off last week to Paris in a halo of delight,
wafted by good wishes from envious friends
and the odors of countless floral offerings, who
if they had remained at home would have
disappeared miserably in the region of cheap
boarding-houses or in some obscure Western
The Philadelphia Ledger thinks it is great
ly to be regretted that the periodical reports
of "mercantile failures," made up by the
agencies devoted to commercial matters,
could not distinguish between the cases of in
solvency brought about by unavoidable mis
fortunes in business and those in which bank
ruptcy is an inevitable result some time or
other, because of the speculations, or the
recklessness, or the out-and-out rascality of
The returns of earnings for May from
twenty Western railroads show a marked and
uniform increase, which, as usual. is most
conspicuous In the grain-carrying roads, such
as Chicago, Milwaukee and St. Paul, Illinois
Central and Chicago and Alton. The earn
ings amounted to $6,655,957 against $6,052,352
in May, 1877, an increase of $603,655. The
earnings of the same roads from January 1 to
June 1 show an increase of $2,805,910 as com
pared with last year.
The propriety of taxing church property Is
again under discussion in New York, having
sprung up in consequence of some of those
innocent entertainments called strawberry
festivals. There is, it appears, a law in the
State that when any building is used for any
purpose whatever for which an admission fee
is charged, It shall ipso facto become liable to
the tax-gatherer. It seems impossible, how
ever .that the Legislature should have con
templated making burn lestivais, unuiu iI
planned by ladies as much for social amuse
ment as for raising money, a cause for sad
dling the churches with taxes.
The Bank of England rate of discount re
mains at 2'J per cent, it being still 4@~Gd
above the rate in the outside market. The
London Times of the eighth instant says the
Bank of England has resolved henceforth to
discontinue the use of the word "minimum"
in announcing discount rates. The bank's
announcements, therefore, will be understood
to mean about the medium value of good
bills, but the bank is free, like other banks, to
charge above or below the announced rate,
according to circumstances. The ultimate
result will be that the open market rate, not
the bank's, will become the standard for
F rom an abstract in the London Times of
the recently rendered report of the British
Inspector of Mines, we gather a few singular
and important facts. It appears that there
were 494,391 persons employed during the
year above and below ground in the coal, fire
clay, ironstone and shale mines of Great
Britain and Ireland. Of these 395,025 were
employed underground. What a subterran
ean population that is! A large portion of
these people remain underground for six days
at a time. The mining produce for the year
amounted to 134,179,938 tons of coal, 1,813,541
tons of fire-clay, 12,014,356 tons of ironstone,
and 888,285 tons of shale. The fatal accidents
in the mines during the year amounted
to 864, and the deaths occasioned
thereby reached 1208, showing an in
orease when compared with the summary of
1876, of twenty-five in the number of fatal ac
cidents, and 275 in the number of lives lost.
No. 4, the last of the summaries classed under
this act, shows the proportion which the ac
cidents and deaths bear to the number of per
sons employed and the quantity of mineral
raised. It appears that on the average dur
ing the year under review there was one fatal
accident among every 572 persons employed
in and about the mines, and one death by ac
cident among every 409 persons employed;
and that for each fatal accident 172,276 tons
of mineral were got, and 123,217 tons for each
death by accident.
The Boston Advertiser thus describes the
condition of finances in that city:
The supply of loanable funds is excessive,
money accumulating not only in the banks
but in the hands of capitalists and private
lenders, who are all competing for the paper
w.hich comes upon the market. The great
shrinkage in prices which has been going on
for a year or two past enables a given amount
of business to be done with much less
money than formerly, while the greater
purchasing power and constantly in
creasing value of the currency also tends
in the same direction. The mercantile de
mand is entirely insufficient to give em
ployment for the funds offering by the
banks. In some branches of trade very little
money is wanted, altd dealers prefer in many
oases to hold the paper of their customers
until maturity rather than to get it discount
ed at the prevailing low rates. Those who
ae always needing more or less money are
also at a loss as to what to do. Money is very
cheep now, but still they hesitate to borrow
freely for fear that it may soon go lower yet.
There is so much money and so little use for
it! The abundance of money does not start
businees, for business is too unprofitable at
present. On the contrary the general tend
ency in the business World is to keep within
email bounds rather than to extend opera
tions. This is especially true of nearly every
kind of manufacturing, and as far as general
business is concerned there are very few
branches of trade the profits of which are so
great as to induce a further expansion.
FINANCIAL AND CONREHICIAL.
OFFICE NEW ORLEANS DEMOCRAT.
Thursday Evening, Ju;e 13. 1878.
NEW ORLEANS CLEARING ROUs1.
June ............... $998,732 $117,055 63
June 10................. 1,090,689 73 110,812 55
June 11............. 1.205,549 41 135,325 67
June 12 ................ 1028,444 26 95,198 78
June 13 ............... 1,034,12 5 140.147 00
Total thus far...........$5,357.549 11 $599,539 03
The offerings of paper, both at the banks and
on the street, are light. The movement in se
curlties to-day was large, and rates ruled firm
We quote exceptional paper 7@8 1' cent: Al
dog@lo; se-ond grade do -@---; loans on col
laterals 6@8; Al mortgage paper s'@10; second
grade do ---- w cent per annum.
Gold is steady.
Foreign Exchange quiet.
State Consols active and firm at 72%@72%.
Premium Bonds in good demand at 32(%@32 0.
Gold opened in New York at 101. and closed
at 100%. Here it opened at lol@iloi ', and closed
at 101@10114. Sales-Sio50 at lot 5-16, 95000 at
101% and $2000 at 1011%.
STERLING BALES-£3soo bill lading at 495
@4865. Bank sterling -@489, commercial bills
FRANCS-Bank francs -. commercial 5.16c
SIGHT-Bank sight %, commercial 1-16 ? cent
NEW ORLEANS BTOCK EXlOANGE BALES,
SECOND CALL, 12 M.
$5.000 State Consols.................... 72.
15 .co State Consols................... 72'p
10,000 State Consols (.. 3o) ............... 72%
10,000 State Consols ((. SR and Int.!...... 72"3
THIRD CALL, 2 P. M.
5 shares Waterworks Co.............. ..32
5 shares People's Bank ........ ...... 41 o,
to shares People's Insurance Co. .. ... 19 25
$2o.on0 Premium Bonds ............... . an';
25.000 Premium Bonds ................. 32%
5,000 Premium Bonds (S. 0) ............ 32
5,000 Premium Bonds ............... .
100,000 Premium Bonds ........ ............ 32
75,000 Premium Bonds ................. 33
30.000 Premium Bonds .................. 32'1
o0,0ooo00 Premium Bonds .................. 32.%
145,000 State Consols .................... 72%
3.oo000 State Consols ................... 732
70,000oo State Consols ....................... 72%5
50.000 State Consols .................... 72'3
LoNDoN, June 31.-Bar silver is weak at
53 7-1id f ounce. Consols for money 95 9-16,
for account 95 %.
NEw YoRE. June 13.-In Wall street money
cloned at 4 %. cent. Exchange closed steady at
45A@487%,. Gold opened at lot and declined to
10.%, at which it closed. Governments closed
firm. Currency sixes 120@120'4. Pacific Rail
road bonds closed as follows: Union firsts 107
@107%; sinking funds 101o101%; land grants
1071%@ 10V7/. Centrals lO08@os%.
In State bonds Louisiana consols advanced to
727', and District of Columbia 3-65's dclined to
Clearing-House Statement--Currency ex
changes $s,oso9,039; currency balances $3,0on,2so;
gold exchanges. $8.286..,63; gold balances,
Cil,arings at the N. B. S. N. Y.-Gold hal
ances $1,150.835; currency balances $1.525.754;
gold clearings .9515.ooo.
OFFICE OF NEW ORLEANS DEMOCRAT. I
Thursday Evening. June 13. 1878. I
GENERAL REMARKS-To-day has been ex
cessively hot. General business continues
There was a good demand to-day for the low
grades of Cotton, and prices consequently ad
vanced ?-c on Low Middling and the lower
the grades, market closing firm, with sales of
There was a fair movement in Flour, the sales
amounting to about ieee bbls, principally in job
lots, prices ruling quiet and unchanged.
Holders of Corn Meal were generally asking
$2 60 F bbl for choice Western but wA heard, of
nu vpnratlons above $2 45, the market being
firm. The reported sales were only 200 bbls.
There is a moderate stock of Corn on the
market, and the sales footed up 1800 sacks at
50055c M bushel.
Under the present condition of the provision
market large or round lots of Pork are not
salable, and the market is very dull and life
In consequence of the slim stock of Dry Salt
Meats, prices are a little firmer.
The supply of Bacon is small and the demand
is ditto, prices continuing easy.
COTTON-Holders were firmer on low grades
and prices, under the influence of a good de
mand advanced 3o on Low Middling and the
lower grades. The tone of the market at the
close was firm, with sales of 2500 bales.
The following is the official closing of the Cot
Low Ordinary ............... 9, 9
Ordinary ....... ....... 9' 9W.
Good Ordinary ..............10 k, 97
Low Middling-.................lon 1o
Good Middling ................12 12
Middling Fair ...................
Sales to-day 2500 bales. Market firm,
In store and on shipooar I tept. 1, 1877. 21,356
Gross receipts since Saturday 141
Gross receipts oreviously......1,654.941-1.,55,i82
Excess in actual stock made from
linters, loose, etc., since Septem
ber 1................................. 12,825
Total supply ......................... 1,689,263
Exported to-dayy ............... 2.6o0
Total stock this day ..................... 5o,911
Total stock this day last year.......... n, 336
oThe exports to-day were 2460 bales to New
et receipts since yesterday.. ......... 54
pts from other oorts .............. 871
et receipts last Thursday........ 28
Net receipts same time last year....... 34
Nlet receipts since Friday ............. iass
Net reoeipts same time last week...... 2.08.
et receipts same time last year ...... 2.304
et receipts since September 1......... 1,361.579
Net reeits saume time last year....... 1.171,814
Cotton on shipboard as .per account of the
Cotton Exchange is as follows: Liverpool
12,494 bales Havre s5o6. Bremen 183, Mediter
ranean - Spain -, coastwise 757; total. 10.920
bales. TEis, taken from the stock at noon, as
noted at the Exchange, leaves in presses 33,991
The receipts at all ports, consolidated, as per
telegrams to the Cotton Exchange, shows totals
from noon yesterday to noon to-day of 1170
bales, against 17C4 bales last Thursday, 625
last year and 772 the year before last.
The movement at ports for six days. up to
1: m. to-day. is given below:
eoceived Same time Same time
since Friday. last week. last year
New OrlesBns ....1,898 2.083 2,304
Galveston. .......1,304 1,294 474
Mobile ............ 796 798 178
Savannah. .......1.767 1.547 857
Charleston ........ 335 434 222
Wilmington....... 145 184 34
Norfolk ..... ....1,386 1,875 9;9
Baltimore......... 17 193 26
New York-......... 12t 680 473
Boston ...........1,310 716 2.074
Philadelphia...... 20 167 516
Total.......... 9,039 9,971 8.127
Receipts at ports since September 1..... 4.181,582
Receipts same time last year.. .........3,87.75
Receipts same time year before........ 4,036.947
The consolidated report for six days gives
G. B. Fr'e. Con. Chan. Stocks
This week..... 8.647 4.144 5,184 .... 224,869
Latt week ....20,911 3.820 1,072 .... 254,658
This week last
ear .......... 17.995 1,549 9.720 5.300 329,149
OCEAN FREIGHTS--Are quoted as follows:
By steam--Ootton to Liverpool 5-1ed@%d to Re
vel -d: to Bremen -d; to Boston. Providence.
Fall River. Philadel ,hia and Baltimore, via New
York %c; to New York 4c; grain to Liverpool
45@8d. and - to Bremen R quarter.
Bysail-Cotton to Liverpool a-16@%d ; to Havre
.c; to Bremen %c; to Genoa %@lc; grain to
dUGAR-Recelpts 48 hhds. Sales-27 hhds.
There is a moderate inquiry for the local trade.
We quote: Interior -@-c.; oumnULn to
good common 53%cXec fair to good fair 6%@
Xc; fully fair 7c; prime 79@7)c; strictly
prime 7Xc; gray clarified -0--o; yellow clari.
fied, as in quality, 8@8:c; off whites, good to
choice. 80%8%.' white clarified so.
MOLASSES-l eceipts 3o bbls. Sales-s6 bble.
The demand is light and market steady.
We Quote: Common I.92e; fair X1*'J:
rime 81350; striay prime $180os choice
LOUR--The f our sales to-day reached a lit
tle over 10oo bbls, which, under the circum
stances, may be regarded as a fair movement.
A majority of the transactions, however, were
in job lots, prices ruling quiet and unchanged.
Sales-2o bbls at $4 50 s9o at so: 50 at $5 25; 100o at
$5 M5; 50 and 65 at $5 37%; 25 and 25 at $5 g0; 25
So and oo1 at $5 oo; 25 at $5 75: 25 at as$ 90; 75 and
100 at $6; 125 and 150 on private terms.
We quote: Fancy choice $s 5o@~ ; family $5 25
@5 50; trebles, low to choice, $4 6,2N(5 121;
double extras $4 2514 50; single extras $3 75@4;
superfine $s 50@3 75; common $3. Dealers
in their trade obtain an advance of $0c ' bbl on
CORN MEAL-Holders were disposed to sd
vance the market to $2 so for choice Western,
and although such was generally the asking
prics no actual transactions were reported above
$2 45. We quote the market firm at $2 40@2 45 ex
landing. and $2 65,.12 70 out of store by dealers.
Sales--s, 50 and 50 bbls at $2 40. 50o at $ 45.
GRITS-There is a steady demand and prices
continue to rule firm at $..as 2. bbl for good
to choice Western ex-landing in round lots.
On job lots dealers obtain $3 25@3 50, as in qual
itv and brand.
CREAM AND PEARL MEAL-$S@3 10o
bbl as in oualilt.
$OMINY--Wholesale $2 75; jobbing S..
COW PEAS-The stock being greatly reduced
and the demand continuing fair, the market
has taken a further upward turn, and now
rules strong at $1 so50 65 for whippoorwill, $1 75
@2for mixed, and $2 25@2 50 for choice clay.
PORK-The market continues flat and inac
tive. and considerable lots are unsalable. In a
small way receivers are selling at $10 to the
trade and dealers are still jobbing at $10 5o.
Sales-25 bbls at $10.
DRY SALT MEAT-The market is nearly
bare of supplies and in consequence there is a
little more edge in prices. An offer of 4c on a
car lot of boxed shoulders to arrive was re
fuscd, and spot goods are quiet at 4%~@4.;c
for loose and 4Lc for packed shoulders
BACON-Both the supply and the demand
are at a low ebb, and we hear of a coastwise
order that could not be filled for want of sup
plies. Prices continue easy. Shoulders 51'@
514e. clear rib sides 5s@5e,. and clear sides
56@,co. Dealers lobbing at an advance of Sac on
HAMS-Prices continue steady and strong, in
consequence of the limited suply.v, and steady
and strong markets at the West. The demand
is good and fair jobbing sales to the local trade
are reported. We quote plain hams 7Y@s8 and
sugar-cured at I9'5o ,iev for medium to large
average, and 10io.to10c for fancy small aver
age. Dealers' rates are % (a1 higher.
LARI)-There was no movement reported to
day, but from day to day the business is steady
In job lots to the local trade. We quote refined
lard 7@( d7% for good to cholce, and packers'
prime steam 6%X@7c; kegs 7.2( . and pails 75@
so. Dealers' rates are Jc higher.
BREAKFAST BACON-The supply on the
spot is scarce,. and the market is easier for
choice goods at 7,14@70;: dealers are charging
7@68%0 c for small lots. Sales- 10 boxes at 7Vc.
FULTON BEEF-Half bbls $9 75; extra West
ern mess $10o12 F bbl.
PACKERS' HOG PRODUCTS-Dealers are
selling on orders in the job trade at $5 75 IF
half bbl for pig pork, $8 50 F bbl for prime mess
pork, $8 25' for prime pork, and $8 50 for
COFFEE-Is in moderate request to-day and
QUOTATIONS FOe GOLD.
Cargoes. Job Lots.
Prime ......................17 17X 1736@18
Good ......................-1640@17 17 @17Y
Fair .......................-16 @16~l 1i61@16
Ordinary ...... .........-14%6@14 14%015
TOBACCO-Quiet. Stock on sale 4850 hhda.
Inferiorlugs..........-...... .... ....... - 2 2%
Low lugs ................................. 2 @ a
Medium ..............-.....- ..- - --...... - a- 5@ s
Good to fine ............................. 4 0 4%
Low leaf ............................-...... 4 @ 53
Medium -- --......... .................... 6 @ 7
Good ..............-.. ................... 7465@ 8
Fine-.... .................................. 9 t10
Selections ................................10 @12
CORN-Quiet, with only a moderate stock of
yellow and white. Sales-350 mixed at 51c. 500
do at tse 30o and 150 yellow at 53c, and 500 white
at 53e t bushel.
OATS-The inquiry is small and the market
well supplied. 3(00 bags choice sold at 130c V
BRAN-Is in fair supply and light request.
Sales-15o bags at 65e 'f cwt.
HAY-Large supply and dull. 150 bales choice
sold at $i.4 ton.
BULK CORN-The market is quiet and noml
nal at 44@4434 for No. 2 mixed. White is scarce
and nothing doing in it.
BUTTER--Fair stock and in moderate re
auest. New York oreamery fine 23@25c. New
York dairy prime 2o@22c. New York dairy good
rs3i c: Western creamory 18@25c. Western dai
ry 11015, ". it.
CHEESE-Is in light demand. New York
cream 12. Ohio factory 754c ' lt,
POULTRY - Old chickens $4 50; young
$2@3; ducks $2a3 ; geese $4@5; turkeys
HTAR(FH-In fair demand at 81'c in lots.
POTATOES- Western nominal at --@- V
bbl. Of Louisiana potatoes there Is a fair
stock, with a light demand; prices easy at
$101 25 ' bbl.
ONIONS - Western nominal. Louisiana
onions are in good demand at $1 7512 25 ' bbl.
SWEET POTATOES-Are quoted at $2 75@3
CABBAGES-Arc steady. Louisiana cab
bagrs are q oted at $2 sci3 50 toeo.
BEANS-Northern 3@s3'c. Western 265@2Nc
EGGS-Western 7@10c; Louisiana 10@12c 1
RICE-Is firm. No. 2 4ro; common 4r3)
536. ordinary 5'%@5tc fair 5s tcs good 654@
63,c. prime 6~%@7c. choice 7 @;7%c * s.,
SALT-We qnote dealers' prices from their
warehouses at 85@900 9V sack for coarse; $1 05
@1 10 for fine. Turk's Island dull and neg
lected ; held at 3o@032c bushel. Table salt in
pockets 1X7@~57 each as in size.
WHISKY-The demand for this article is
moderate and in prices scarcely any change
from day to day. We continue to note old
stock neglected and dull. We uanote choice
Cincinnati $1 0oa1 05, fair to good Western and
Loutsana six per cent $1@1 0.
WOOL-Small lots of the new crop are coming
in, but meeta pooe market and nominal prices.
We quote burry 9@10c; Louisiana clear 18@60c;
lake 2,1@.22 m 16.
COTTON TIE--Are quoted at $2 25 ? bundle.
with discounts according to quantity.
MARKETS BY TELEGRAPH.
NEW YORK, June 13, 10:45 a. m.-Coffee dull;
cargoes-ordinary 13@13%, fair 15%@15%x, good
16, prime 16%@16%, lots 13%@17%i; sales--100
Pascal. lo00 Horrax. 949 Wild on private terms.
Raw sugar quiet; sales-170 hhds. Refined su
gar moderately active: prices nominally un
changed. Linseed oil 57@58.
CHICAGO. June 13.-Wheat opened at 92% July.
Corn-36% bid July. Pork--J bid August. Lard
6 80@6 82%. August.
Later-Wheat--97 bid June, 93% July, 87'
August. Corn--3% June, 36%@36'% July, 36'
August. Pork-$s 87% July, $9 05 August.
Lard-6.72M July, 6.82% August. Dry salt
meats-Shoulders 3.85, short rib 4.85, short
Union Stock Yards.-Estimated receipts of
hogs to-day 24,500. Official yesterday 33.872;
stbivp'd 8o88. Light at $3 20@3 30. heavy shipping
$3 30@3 5o, heavy mixed $3 20@340. Cattle-Esti
mated receipts 4500; markat dull.
1 p. m.-Morning call-Wheat-95% June,. 92
asked July. 8611 August. Corn-35%9 June, 35K
bid July, 36%.436% August. eats-23% June,
23% July, 223%22% August. Pork--s 65@8 67%
July, $8 82% August, $8 9734 September nomi
nally. Lard-6 65 July, 6.75 August, 6.85 Sep
3:30 p. m.-Close-Wheat--96 June. 92% bid
July, 87 August. Corn-35%@(359 June, 36%
July, 36% August. Oats-23%@013% June, 23%
July. 22%X.22% August Pork--8 67%0@ 70 July.
1 85 August. Lard-6.65 bid July, 6.75 bid Au
ST. LouIs, June 13-Opening-Wheat--90%
seller July. Corn-35'% seller July.
1 p. m,-Wheat, lower-No. 3 red 93% June 89%
0o90% July, 93% cash. Corn lower-34% June,
35635% July. 36%@36% August, 34% cash. Oats
easier-24t% bid July. 23% bid Augut,. 25% bid
ca-h. Whisky unchanged at $1 05. Pork dull;
jobbing at $9 40. Cut meats nominal. Bacon
unchanged, Lard nominal.
1:15 p. m.-Wheat-89. seller July. Corn
UINCINNATI, June ,-.-Po-' steady and quiet
at $9 25@9 50. Bacon quiet--hould-rs 4%. clear
rib sides 5Oes45% chl ar sides 5%@5%. Sugar
cured hams unchanged at s8to%. Bulk meats
easier-Shouldter. 4.20 bid 4U asked, clear rib
sides firstname.lastname@example.org. clear sides 5 30. Lard quiet-Cur
rent make steam 6%. prime winter 7%,. country
kettle 7%. city do s. Hogs-Receipts to-day
30"6; moderately active at a shady easier prices ;
common $2 9ts@3 10. fair to good 1.315@325, choice
3 40()3 50 Whi kysteadyat$1 03.
FYour quiet and steady. Rye in moderate de
mand; ~o. 2 in el.vf.tor 57. Oats dull; 28 for
mixed and 30o for white. Barley dull. Corn
quiet: mixel ear 41. shelled held at 40 on track.
.b heat steady: Choice-at o6 'or white or amber,
and $1 04@1 05 for red. Prime-white $1 02@1 03,
LIVERPOOL, June 13, 12:30 D. m. - Cotton
firmer; Middling Uplands 6sd. Middling Or
leans 67 16d; sales-12.000 bales, of which 3000
are for exp >rt and speculation. Wheat-West
ern spring 8s lid@se 7d. do winter 10s 10d@11s.
Floor-Western canal 238 ed.2@e. Corn-New
2 a+ 3d. obi 274 3sds78 9d. Uats-s id. Pork
Prime mres Western ra ed. Lard-Prime West
er 8G as . Bacon--Lon clear 278 d, short clear
288 6d. Tallow--American 3s .d.
1:45 p. m.-Wheat ateay. Corn anleter.
2 v. m.-Cotton-Middilnas Uplands 6 8-16.,
Middling Orleans 6'd ; sales 14.00o bales, of
which oo000 are for export and speculation.
3 p. m.--BLoon-Long clear steady at 278.
Bef--Extra India mess dull at 958. Lard
Prime Western dull at s36 6d. Cheese-Ameri
can choice dull at 48s. All other articles un
LONDON, June 13 12:30 p. m.-No. 1 spring
wheat 9s sd(a) 9d, 1O. 2 do 9s@os 4d; California
unchanged. Indian corn unchanged. Wheat
Market strong but not much doing; consump
tive demand only; cargoes on coast-No. 1
spring wheat aueit and steady. Coin on coast
quiet and steady.
2 p. m.-Wheat and corn dull and inactive;
NEW Yosx, June 13.-Ocean freigh's fairly
active with a steady market. To Liverpl
by steam. 40,000 bushels grain at 'd. 00oo bales
cotton at 15-644. To London by sail, 48.000
huqhels grain at 8-81d. To Glasgow by sail.
32.000 bushels grain on private terms. A British
bark to Antwerp with 62oo quarters grain at 5s
7d, A Norwegian bark to Havre with 4500 quar
ters grain at 5s 7%d.
- OF THE -
NEw OnLEANs, May 22, 1878.
The Trustees, in conformity with amended
charter, submit the following statement of af
fairs of the company on the thirtieth of April,
Fire premiums ............180751 16
Marine premiums...... ... 36,729 15
River premiums........... 82.136 50o
$- 299.616 81
Earned premiums, less reinsurence
and return premiums........... 228,931 32
Losses paid and estimated,- y:
Fire losses.. ......$44,424 27
Marine losses..... 12,199 00
River losses....... 40.635 9
-- $97,159 23
discount in lieu
etc............. 859.291 28
Less rents, salvage
savings, etc...... 21.629 50
--- 37,661 48- 134,920 71
Gross profits ....................... $94.010 61
The company have the following assets:
Bills receivable ..... ..... 39,988 67
Loans on bond and mort
gage.................... 44,707 80
Loans on call ........... $70.815 a3
Cash ...... ...... ...... 63.126 63
-- 133,441 97
City .onds .......... - ... ........... 83.117 20
Bank and other stocks .............. 59.186 6
Real estate............................ 112,176 91
Premiums in course of collection and
suspense account ....... ........ 33,992 19
The above statement is a true and correct
transcript from the books of the Company.
THOS. A. ADAMS. President.
HENnx V. OODEN. Secretary.
Sworn to and subscribed before me this
twenty-second day of May. 1878.
The Board of Trustees this day resolved that
after paying the annual dividend of TEN PER
CENT on Capital Stock of Company, that ai
dividend of TWENTY PER CENT in cash be
paid on Monday. June 10. to those parties en
titled to receive the same.
Thos. A. Adams, Jno. E. King,
Sam'l B. Newman, Fred'k Camerden,
Sam'l H. Kennedy, Joseph W. Stone.
John Phelps, George Martin,
Adam Thomson, Alfred Moulton,
Henry Abraham, L. C. Jurey,
Victor Meyer. Fdward Naile
Joseph Bowling. Goo. W. Bentell.
Edw'd J. Gay. Paul E Mortimer,
Simon Hernsfelm. John V. Moore.
Simon Forcheimer. W. B. Conger.
Jos. B. Wolfe. Henry M. Preston
R. B Post. J. J. Irby.
Edw'd Plisbury, Reuben d. Bus h,
my¢2 Jno. M. Parker.
CANCELLATION OF BOND.
STATE OF LOUIsIANA, 1
Whereas, EMILIE D. WEBER, widow of the
ate D. A. Weber, and administratrix of his suc
ession, has applied to me for the cancellation
of a bond drawn and signed by the said D. A.
Weber, as principal, and Herman Meyer, Emily
Weber, Andrew Syabo, Simon Well and John
F. Irvine, as securities, dated the twelfth day
of March, 1875, and conditioned for the faithful
performance of the duties of said D. A. Weber
as Tax Collector of the parish of West Feliciana,
Now, therefore, I, FRANCIS T. NICHOLLS,
Governor of the State of Louisiana, have
thought proper to issue this my proclamation,
with the view of giving public notice to all per
sons therein interested, to show cause, in writ
ing, at the office of the Secretary of State. in
the city of New Orleans. within ninety days
from and after the last publication hereof, why
said bond should not be canceled and an
nulled, and the securities aboved named dis
charged from any further liabilities in the
Witness my signature and the seal of the
State of Louisiana, at the city of New Orleans,
this second day of January, in the year of our
Lord one thousand eight hundred and seventy
eight, and the one hundred and second year
of the independence of the United States of
FRANCIS T. NICHOLLS.
By the Governor:
WILL. A. STRONG,
Secretary o State. my21 30t
WOOD WOOD! WOOD!
CONSTANTLY RECEIVING PEE HONE)
SIsland line of steamers, J. . Fraser. Jose
phine and barges. At wholesale and retail
Honey Islant Weed and Ceal Tards,
No. 376 Julia, neat Magnolia Bridge, New Basin,
also at corner (arondelet Walk and Marais
street, Old Basin. Main office, No. 158 Oommon
street. P. O. address, Lock box loeo.
Wood delivered to any part of the city.
Oak Wood, per cord (best) .........-........s s
Ash A.sh . ............... 6
Oak and Ash mixed, per cord ...-........... a
Liberal discount made to dealers. FPll meas
ure and satisfaction guaranteed. decs tf
][me. JULIE LaB. FISHER,
165 ..... ..CANAL STs T T...... 16
Begs to inform her lady friends and the public
generally that she has on hand one of the most
beautiful and complete selections of Parisian
styles and fashions in
sONNeT, HEAT. FEATHERs, FLOWERS,
SHA WIa, se.
In her DREBbMAAING DEPARTMENT she
has employed the beet Parisian Artiste, and she
will be pleased if the ladies will call at her
Mme. JaUie LaB. Pishew.
By HooF, Msaon & O'Connor.
COTTAGE RESIDENCE AND STABLING,
No. 332 ST. LOUIS. BETWEEN ROMAN AND
BY HOEY, MAOON & O'CONNOR-Nicholas
J. Hoey. Auctioneer--Office No.11 Caronde
let street-SATURDAY, June 15, 1878. at 12
o'clock m., at the St. Charles Auction Exchange
will be sold at public auction, by consent of
parties the following deribhed property-
THE ONE-STORI FRAME SLATE-ROOFED
COTTAG 'I, No. 332 St. Louis street. In the BSeO
ond District of this city, in the sauare bounded
by St. Louis, Conti, Roman and Prieur streets.
The lot is designated as No. 7. and measures 27
feet front on St. Louis street by 106 feet 1 Inch
6 lines in depth. between parallel lines; the
cottage has three rooms and side gallery.
kitchen, large stable and wide side entrance for
vehicles-an excellent location for cab or cart
Terms-One-thlrd cash and the remainder at
one and two years' credit, with interest of a per
cent per annum from date, with vendor's lien
and privilege and all esual security clauses,
and purchaser to assume payment of all taxes
of 1878, payable in 1879.
Act of sale at the expense of the purchaser,
before W. B. Kleinpeter, Esq., notary public.
my26 30 je2691314
By Montgomery & Co.
FINE CARRIAGE AND VALUABLE HORSES
ON ACCOUNT OF DEPARTURE.
ONE PAIR BAY HORSES, 7 years old. very
stylish and thoroughly broken, afraid of
nothing, excellent roadsters, a first rate
pair for family use.
ONE LANDAULET. built by Minor & Stevens,
of New York cost $t800, in fine order.
ONE DOUBLE HARNESS, custom made,
BY MONTGOMERY & CO., Auctioneers--Will
be sold on SATURDAY, June 15, at 11 a. m.,
at Montgomery's Tattersalls, 70o Baronne street.
Terms cash. je13 St
Depot at the head of Elysian Fields street,
near the Levee. Third District.
Excursion to or from the Lake and return
same day 20 cents. Children under twelve
years 10 cents. Fare to Gentilly 15 cents each
Trains will leave as follows:
FROM THE CITY. FROM THE LAn,.
S...............a. m. 5 ...........a. m.
7:30................x. Im . 7 ................ m .
9 ..............a m. 8:3................a. m.
10:30...............a.m.[O . ............... m.
12 ................ .11:30..............a. m.
2 ................p.m . 1:30................p.m .
3 ...............p.m. 2:30................p.m.
4 ................p. m. 8:30.............p. M.
5 ................ m. 4:30............p. m.
6 ................ p. m . 5:30................ D. m .
7 ............... p.m . 8:30................p. m .
8 ........... .... p.m. 1:30...............p. m.
9 .................. m.
On SUNDAYS the trains will leave the Lare
at 8:30 o'clock p. m. and the city at 9 o'clock
pThe last train will leave the Lake at 9;o0
o'clock p. m. on Sundays.
Passengers for Gentilly must notify the Con
ductor prior to the departure of train.
myl Iv D. B. ROBINSON, Receiver.
T- ~ORLEJAN AND MOBERAIL
ROAD-MOBILE FASTMLINE-- I
THE GREAT THROUGH UTE TO THE
Via Louisville via Atntaand via S Louis.
CARRYING THEU B. MAIL.
Trains arrive and depart from. depot foot o
Canal street, as follows, on and after Sunday,
May 12, 1878:
Express......7:30 a. m. Express ......7:5 a. m.
Express.....:oo00 p.m. Express.......9:45 p. m.
Coast accom- Coast accom
daily ex- daily, ex
cept hun- cept Sun
day......3:80 p. m. day....... 9:2oa.m.
Pullman Palace Cars daily to Cincinnati,
Louisville, Nashville. St. Louis Washington,
without change, and only one change to New
York and Eastern cities.
Ticket office corner of Camp and Common
streets opposite City Hotel.
tre B. ROBINSON, Superintendent.
mh2 1y J. W. COLEMAN. Ticket Agent.
CHICAGO. ST. LOUIS AND NEW ORLEANI
Trains will leave and arrive at Oalliore street
depot from May 12, 1878. as follows:
Express No. 1, :oo0 p.m. I Express No.2. 9:15 a.m.
WayNo. 8.....7:00 a.m. Wae No 4 .....8:o1p.m.
Nos. 1 and 2 run daily. 8 and 4 daily except
PULPLMAN PALACE SLEEPING OARS
through to Louisville, Cincinnati and Chicago,
without change. and for St. Louis a sleeper is
attached at Milan, enabling passengers to go
through without leaving the train.
Only one change to New York and Eastern
Friday evening's train makes no connection
Accommodation trains between New Orleans
and McComb City:
Leave New Orleans 8:s0 Dp m. Saturday., and
7:00 a. m. Sunday.
Arrive at New Orleans at 10:30 p. m. Sunday
and 9:50 a. m. Monday.
Sunday excursion tickets to McComb City and
return. ONE DOLLAR.
Tickets for sale and berths secured at 2 2Camc
street, corner of Common.
A D. SHELDON, Ticket Agent.
F. OCANDLER. Gen. Pass. Agent. mb
H. & N. SAMORY,
Auctioneers and Commission Merchants,
Nos. 45 and 47 Decatur Street,
BEGULAR CATALOGUE AUCTION BAL.B
BOOTS, SHOES AND BROGANS,
TUESDAYS AND TEU.SDA.S
Of each week.
Liberal cash advances on consignments.
/ 14 Exchange
19S, 154.......Camp Street....... 12, 154
Is now prepared to sell fine as well as ordinary
New Furniture at greatly reduced prices.
Country orders respectfully solicited.
P. 9.-Also Furniture taken on Storae, and
Second-Hand Furniture bought, sold and ex
changed. One price only on each and every
ttiled. No devit.o. ounardari s rompt.
lSled. aikSa n
By Placide J. Spear.
FAMILY GROCERY STORE, BAR-ROOM,
STORE FIXTURES, LIQUORS, WINES, ETC.
SUCCESSION OF HENRY DEMASSIET.
Second District Court for the Parish of Orleans
RY PLACIE J. SPEAR. Aauctioer--OFFICE
-'No. 40 ROYAL STREET-TUESDAY, June
26, 1878. at Ito O'clock, most precisely, will be sold
at public aution, at the corner of Franklin and
Gacquet streets, by virtue and in pursean e to
an order from the Hon. A. L. Tissot, Judae of
the Second Distrlct Court for the parish of Or
leans, da~ted June 12, 1878, for accounto said
1. A LARGE AND SELECT ARSORTMnN
OF CHOICE FAMILY GROCERIES, WINJ.,'
2. STORE AND GAS FIXTURES,
3. BAR ROOM AND FIXTURES.
4. 1i BASKETH KRUG AND OTHER CRAM.
,. 14 CASEq VERMOUTH AND S0HNAPPFS.
6. 1200 BOTTLES CLARET.
7. wooo GALLONS AND 1O rTLES OLD CO.
NAG. MADEIIA. SHERRY, PORT WINE AND
8s 1 BARRELS WHISKY. GIN. ETC.
Terms-Cash. j___ 1511 94
MOST VALUABLE COMMERCIAL AND BESI.
DENCE PROPERTIES IN THE SECOND
DISTRICT, CORNER ST. LOUIS AND
NO. 112 CHARTRES STREET, BETWEEN
ST. LOUIS AND CONTI STREETS.
NO. 26 ST. LOUIS STREET. BfETW1IRg
CHARTRES AND DECATUR STREETS,
SUCCESSION OF PEDRO N. PAILLET.
Second District Court for the Parish of Orleans-s
BY PLACIDE J. SPEA, Auctioneer-
SNo. 46 ROYAL STI'REET - TH O :.
July 18, 1878, at 12 o'clock m. will be soil
Ile auction. at the MEROCfANTS AN
TIONEEBS' EXCHANGE, on ROYAL
BETWEEN CANAL AND CUSTO
STREETS, by virtue and in pursuae to, sea.::,
order from the Hon. A. L. Tissot, Judge aot.
Second District Court for the parish of .r'
leans, dated June 13, 1878, for account of
succession, the following described prop ,
1. A CERTAIN LOT OF GROUND. to
with all the buildings and improvement
on, situated in the Second District of th edl t
in the square bounded by Chartres, St, Lfl4ti
Decatur and Conti streets, forming the oolae
of Chartres and St Louis st eats, and me.su.,
se feet 4 inaches front on Chartres stre u'it ,:;
depth between parallel lines of 67 feet 2 inebh, "
and designated on the sketch hereinafter menl.j
tioned. The improvernents compri e t
story brick building, the upper part of Wlilis
distributed into a family residence, sad
lower part occupled by Messrs. haudot A Le?.,
2. A CERTAIN LOT OF GROUND.
with all the buildings and Improvements
on, situated in the Second District of l r
in the square bounded by Chartres. St.
Conti and Decatur streets, and having t
lowing dimensions viz: 27 feet 10 inohes
on Chartres streetby a first depth of 51
inches on the line dividing ittrom tle
firstly described, thence 13 feet 1mob i
line running perpendicular to St. Louis
and parallel to Chartres street, thenoe
inches on a line perpendicular to Cha
parallel to St. Louis street, thence 9
Inches on a line parallel to Chartre
thence 8 feet 7 inches on a line rn
Chartres street, thence 7 feet 2 nches
parallel with Chartres street, thence
inches on a line perpendicular to
street thence 3 faet 6 inches on a line
with dhartres street., thence 64 feet 9
a line perpendicular to Ohartres s
said lot being designated by the letter
sketch made by o. A. De Armas, stru ti
the eleventh day of June, 1878. The
ments consist of a two-story brick
lower part occupied as a store, the u1
as a dwelling, and bears the municilal
112 Charres street
8. A CE RTAZ LOT OF GROUND,
with all the buildings and improve
on, situated in the Second District of
in the square bounded by St. Louis,
Conti and Decatur streets, and adjoi
property hereinabove firstly and
scribed, designated by the letter A on
mentioned sketch. and having the
dimensions, to Wit: 26 feet 8 inches front
L ouls street, 50 feet 2 inches on al i
dicular to St. Louis street and adjoining
and B, thence 7 feet 11 inches on a i
to St, Louis street, thence 3 feet 4
line perpendicular to said street, .
7 inches on a line parallel to said street,
7 feet 2 Inches on a line perpendhOut
street, thence 3 feet on a line par
street, thence 3 feet 8 inches on aline
dloular to said street, thence 21 feet 8
lines on a line parallel to said street,
set on a line perpendicular to sad
hence 2 feet 9 inches 4 lines on a line
with said street, and thence so feet 21
a line perpendicular to said street and
ing on an alley-way or passage 5 feet 7
wide, which property has the use of the
said passage or alley-way and one-half
hall over said alley-way on the upper
the buildings ereeted on said lo ad
jolnini one, the whole as indicated in
said sketch. The improvements Dons
three-story brick store, bearing the m
No. 26 St. Louis street,
The aforesaid three lots of ground w
quired by the late Pedro Noel Palli. e
manner followin : One undivided haf o.i
firstly and seooadiy described was reoe.v
tiaken by him as hIs share in the partitioa
between him and his co-heirs, by act
L. T. Caire, notary, on the twenty-seco
ber. 1840, and the other undivided hal
sas inherited by him from his sister
rlette Palllet. ander her last will, fl
8econd District Court of New Orleans,
the No. 20,5695. andthe reDerty thirdly de
was inherited by him from his asiter
Josephine Palllet. under her last will,
the late Probate Court of this city, on the
day of October, 1841, and registered in will
No. 8, folio 304.
Terms-Cash on adjundlcation. Purthaser.S
assume the payment of all the taxes due i 1
over and above price of adjudication, and oI
put in possession on July 31.1878. Acts of s
before Alcee J. Vllere, FAq., notary pubid,a
the expense of purchasers. -
jel4 21 28 ) 12 1 8
MUNICIPAL ADVERTIUSEM gSM
REPAIR OF REVETMENT LEVEJE
DEMARTMET OF IMPaOYm -:
IBoom No. 16, UJty ariH .
New Orleans, June 16. lT8.,
,ealed proposals ifor repair of REVET.
MENT LEVEE at New Lake End, will be tb.
celved at this office until TUESDAY, June 18,sa
12 o'clock m. Said work to be done in strJ.
accordance with specifications on file in ta}
offiee of the City Surveyor. The city reserave&s
the right to reject any or all bids.
jel3 td Administrator.
DEPART EET O WATERWQBuS AND PltU )
Buildings. City H- ,R
New Orleans. June 1iU V p
Sealed proposals will be received by the t*
dsrsigned till FRIDAY. June 21, 1878, aSi42e
o'clock m., for the altering and repairing of
engine-house of Steam Fire Company No. 24,
according to plans and speciflcations on file bl
the office of the City Surveyor.
The city reserves the right to reject any ad
Parties making proposals for the work age
required to deposit with the Administrator of
Finance, as evidence of their intention to abifd
by the adjudication, the amount of $100 in eeUh,
which shall be forfeited to the city in case of
failure to sign the contract.
Bidders to w'om contract is not awarded
shall have their deposits rFturned to them on
the day adjudication is made.
Proposals to be indorsed "Proposals for Alter
Ing and Repairing Engine-House of Steam
Fire Company No. 24."
JAMES D. EDWARDBS.
jell td Administrator.
ATTORNEY AND COUNSELOR AT LAW.,
No. 1 erll 1er sres.,
3re NEW OZLIt A, J&