Newspaper Page Text
l is Ialmnd Financial Nattera.
n - 1 8l , in England, 60,000 postage stamps i
Ware found loose in letter boxes and bags, I
having been rubbed off through insufficient I
' Foking and sticking," and 5,000,000 letters
, ere consigned to the Returned Letter Office.
1,. rIn fate.. and city securities yesterday there
was a fair movement. State Oonsols opened
a t 8 and closed strong at 781/378%, against
I BY72s% on Thursday. Premium Bonds
" paued at 82% and closed steady at 82"/@32 B,
against 382 @382X on the previous day.
The revival of emigration from Europe is f
S1o of the peculiarities of the times. The
S .ilps going eastwfrd across the Atlantic are
;.ll of provisions, while those running west
Swa.L bkilg large delegations from all the na
tlcain so EotMope,
.. *Irrespondent of the Charleston News,
7 writing from Columbia, S. C., men- t
that Mr. W. E. Dodge, of New York, e
not long since $15,000 for the famous a
Mansion." Only three or four years a
Was sold to F. J. Moses for $45,000, and V
sum was considered a low price at 1'
thme. The bricks alone that surround r
ounds, would, it is said, bring more 1
if sold at present prices, than the
t paid for the whole proderty.
Sestate o the late Mark Hopkins, of
Francisco, is legally returned at $10,
Two bondsmen were required by
Who must qualify in twice the value of
estate, or $20,000,000 each. The dfliculty
qu ring such enormous bonds was ob
by t depositing in the Bank of Calilfor
ith bonds of the Central Paciflo, South
o and California Pacific Railroads,
being taken therefor. An administra
boed was then executed for the remain
, with Stanford and Crocker as
each qualifying in the sum of $10,
As the deceased died without leaving
the widow takes three-quarters of all
y and the two brothers one-eighth
f'eilgn trade statistics of New York
have just beep published,
ldrly be considered representative
ommeroe of the whole country, as
does more than three-quarters of
commerce of the United States.
continue to decrease and the ex
ow. In May the imports at New
$4,595,865 less than in May 1877. In
eonths ended May 81 the imports at
tk dcreased $15,451,472 as Oompared
stmilar period of 1877, and $8,892,667
with 1876. The foreign imports
months at New York were:
1876. 1877. 1878.
..,$148.408.179 $147,027,462 161.045.807
. 29.756,250 27.606.337 24.826.689
....... 27,977,330 26,659,268 25 726.714
........ 82,018,867 84,402 295 26.565.641
......2 ,804,2 . 98,858,011 29,750.760
......... 23,671,511 28,781,093 24,168,728
l1 a 5.286,8,378 29.s314.4s6 $282,881,339
. 7,.66,985 80,812,818 19,541.180
e..4277.966.393 $202,601,643 $263,340,159
rta of merchandise for May from
'ork were $4,444,185 less than in May,
SThe decrease was caused by the falling
s e exports. In the five months
y 81, the exports were the largest
in the corresponding period of any
year. There was an increase, in
specie, of $26,850,184 over the similar
of 1877, and $28,041,291 over 1876.
of specie, the increase was $84,658,
1877, and $43,810,224 over ,j876. For
months ended May 81, the exports
- 876. 1877. 1878.
S1.....$184,944,600 $15 493.635 $164,948,533
........ 21,800,2286 25,408,169 27..92.811
. 18,304.987 196682.718 28.834,290
... ...... 20,944.776 19,822.113 81,094.113
.......... 18.259,851 21,764,071 28.211,036
.,....... 21,.76,127 22.886,081 28,3683.941
S Ue ..235 830,567 $261,031,736 $309,144,724
..... 40,988.440 30,796,930 14,483.876
gxport.$270,819,007 $291.8286.067 $823,608,600
gratifying feature of this exhibit is that
of $47,304,134 in comparison with
4 ofu $78,485,183 as compared with 1876,
wholly in the exports of the pro
the country. The exports of foreign
dice show but a slight increase.
Sfe New York Journal of Commerce says:
,the 38,558,871 persons in the United
aoording to the last national census,
was in 1870, there are over 43,000,000(
19,493,565 were males and 19,064,806 were I
es, or 983 women to 1000 men. No cen
the world has been taken, but we have
n of women to men in all coun
an enumeration has been made. l
WLhet in Europe is in Sootland, which
1098 women to 1000 men; Ireland has
England and Wales 1054. France has
._ , Old Prussia 1030. The lowest in Europe
jk! reeoe, which has but 940 women to 1000
. The total of all Europe is 1021 women
. 000 men; the total of America 980 women
io 1000 men; the total of Africa, as far as
tn.wn, 975 women to 1000 men; of Asia (in
.' hdtng only Hong Kong in China), 940 women
"J 10)00 men; Australasia, 785 women to 1000
`.. Al able financier, writing from Yokohama,
to a prominent citizen of New York,
ustively discusses, as we observe by an
iltCle in the Tribune, the absorption of the
gver by the Eastern countries, and its effect
~in financial legislation in the West. The
izatist which he has collected from various
ources show the exports of silver from coun
t.tie west to countries east of Egypt have
u;"is from $20,000,000 in 1873 to over $100,000,
~l.In 1877, and that the amount last year ex
k' ed that of 1876, although the average
': t Was higher. He contends that the East
' absorb nd-finitely all the silver that the
West will send her, and that it is even proba
hbi that the price will steadily rise as the Eu
ropeon surplus is reduced. He argues that
e West is madly playing into the hands
the East, and in its eagerness to get
of an arbitrarily created surplus stock,
gxchanging at ruinous prices one of
most precious articles for all sorts
`gable merchandise, the excessive im
of which even a free trader like
Viteibone, of Liverpool, regards as dan
He assumes that the total sum of
n cidrculation governs all prices. When
~epands, as it did after the gold discoveries
1848 and 1850, prices rise and the sunshine
ty penetrates everywhere. The
t of money in circulation has now been
contrated by the expulsion of a large
.y of silver, and, aocordingly, all prices
a.wd the process of adjustment proves
t all who depend 9t prles. If the
U~fi nite statesa ea good
view th6y ought to acoept it. A it cyntr
out of harmony with that of Europe has no
inconveniences to which Afnericans are not
aeOustomed, and whatever disadvantages
may at the outset attend the adoption of sil
ver are certain to disappear as soon as the
East exhausts the surplus of the West, and
sooner yet if France returns to silver money.
The San Francisco Bulletin presents the
following view of the new silver dollar iteier
tained by the people of that portion of Uncle
There has been no concert of action as to
the course to pursue in reference to the new
silver dollar though there is a sort of verbal
agreement o treat them for the present as
subsidiary silver. The banks have now to
conduct three accounts with some of their
customers, namely, gold account, currency
account, and subsidiary silver acoount.
They are. not prepared to treat
the new dollar as gold, nor do
they wish to open a new account. It will be
time enough to take formal action when the
dollar gets into general circulation here, if
that should ever happen. It is for the bank
ore and merchants to say what part the new
dollar shall play in our currency system. If
admitted to an equality with gold in deposit
and loan accounts, the chances are that it
will drive out the gold. The Sub-Treasurer
is likely to be the custodian of the coin, and
the banks will use the silver backs. The
movement will be watched with increasing
interest until some definite course be adopted.
It is possible that silver dollar banks may be
the fruit of the new law.
FINANCIAL AND COMMEIRCIAL.
OFFICE NEW ORLEANS DEMOCRAT,
Friday Evening, June 14. 1878.
NEW OSRLANS CLEARUBIG ZOUSe.
June 8.................. $998,732 86 $117,065 68
June 10 ............... 1,090.689 73 110.812 65
June 11................. 1,205,69 41 36,25 67
June 12.......... ..... 1,0,444 26 96.198 78
June 13.............. 1,034.132 85 140,147 a00
June14................ 1,141,418 98 186.585 44
Total this week ........,499.8 0.o o $7865 07 o
The money market continues to drift along in
the same course. The excitement noticed yes.
terday in bonds continued to-day, and the
movement was fair with a further advanoe on I
Console and Premium Bonds.
We quote exceptional paper 708 t cent; Al
do 6910; second grade do -@-; loans on col
laterals e8; Almortgagepaper 8@010; second
grade do -0- 9 cent per annum.
Gold is quiet and easy.
Foreign Exchange dull and weak.
Sight is quiet.
State Consols strong at 7334@731. (
Premium Bonds steady at 32%@32.%.
Gold opened in New York at 100%, and closed
at 1004. Here it opened at 1O1@101o, and closed
at 101@101X. Sales-$oo at - .00 at..o a 101%, I
$10 000 and $3000 at 101,. I
STERLING SALES-£Isoo bill lading at 485
@486 £3000 do at 485% and £3ooo doat 4s5%. Bank 1
steIlh 1 --@$8% commercial bills 4844@4s5%. '1
AFBNO--Bank francs -. commercial 5.17%.
SIGHT-Quiet. Bank counter rate %. bank- a
ers' 3-82 and commercial 1-1611 cent premium. t
STOCKS AND BONDS. 7
The following are the weekly quotations of i'
the New Orleans Stock Exchange:
Ca v 1o.................... - 94
t n D v 100 ................... 65
Citizens' Savings, p v 00.......... - -
Germania National, p vloo........ -
Hibernia National.........-...... 86 o90 r
Lafayette, p v ................... - 12
Louisiana Savings ...............- -
Louisiana National, p loo....... 97 100
Mechanics and Traders' p v o. - 8 2
Metropolitan Loan and Savings, p 6
v10 ........... .................. 90 -
Mutual National. p v loo........ 9o0
vew Orleans National, 100loo.... 82 85
eo ple's. p v 4o..................... 41 as 3
Southern p v 50...-............ - 44 1
State National. pv 1O0 ......... - 61 1
Union National. p vo............. 74 -
Workingmen's. D v o6...,. ...... 12. 1X (
INSUANOsE COMxPANI]. 1
CrescentMutual pl v oo*.......... 6 58
Factors and Traders'. pr loov 100*.... 102 103
Firemen's, pv 50................... 52 -
Germania, p v 10................ - -
Hibernia. pv 100................... - 76
Home, p'v40..................... 22% 24
Hope, p vo 100 .....................- 46
Lafayette, vv 50 .................... 23 27%f
Merchants' Mutual, p v 100 ........ 37% 40
Mechanics and Traders'......-... - 82
New Orleans Ins. Ass'n, p vy 30.... 25% 27%
N. O. Ins. Company, p 5o........ 42 431A
People's Ins. Company. p v 25.. 19%5 21 t
Sun Mutual, p v 100............. 104 104% t
Teutonia, p v 00................... 78 81
Union, pv 100-................ 28 -
Carrolltona.v o ............. ...... 122 126% 1
Crescent City, p v 50.......... 18 -
Canal and Claiborne. p v 5o ...... - -
New Orleans City, p v 00 ......... 135 136% i
Orleans p v So .................. 18 22s %
St. Oharles Street. p v 50.......... 77%. 79 1
Bienville Oil Works Co., p v oo... - 110 1
Crescent City Oil Co..... ...... - 98
Crescent City Slaughter-House
Company, v .................. 24% 7 127
Carondelst Canal and Nay. Co..... 18 -
Im. Bonded Warehouse, p v 10o... - -.
Jeff. City Gas Light Co., pr 100 .. - 60 1
Louisiana Ice Manufacturing Co.,
p v 50........... .............. 21% 25%
Louisiana Levee Co., preferred...- o80
La. State Lottery Co., pv 100...... so 87%
Louisiana Oil Compan pv 10oo.. - - 1
Louisiana Cotton Tie Company .
Levee Steam Cotton Press. p v 100oo 25 -
Lamm's Fireless Engine Co ....-. 114 13
N. O. Gas Light Co., p v loo........ 103 10334
N. O. Pacific Railway Company - -
N. O. Waterworks Company .... - 32
Odd Fellows' Hall Association.. - -
Planters' Oil Co.................. . - 92%
Sugar Shed Company, pv 60o..... so 5as
St. Charles Hotel Company....... - -
Stern's Fer. and Chem. Man. Co.. - -
Varieties Theatre Association.... - 175
State Console.................. 73% 73%
City Premium Bonds.......... 32% 32%
City Consolidated Bonds........ 33 39
City Waterworks Bonds.......... - 35%
City Wharf Bonds ............ - -
Canal and Claiborne street R. R.
mortgage.................... 70 80
Slaughter-House, mortgage...... 00 -
Jefferson City Gas Co., mortgage - -
Jackson R. R. 1st mortgage ...... 109 -
Jackson B. R. 7d mortgage cou
pons .. .. ...................... 100
Jackson B. R. 2d mortgage debt 9o -
Jackson R. R. Consolidated gold.. 25 -
Miss. Central R. R. let mortgage. - lo1
Miss. Central R.I . 2d mortgage. 83 88
Miss. Central B. R. Con. gold...... - -
St. Charles Hotel mortgage....... 1003 -
NEW ORLEANS STOCK EXCHANGE BALES,.
.o0oo State Consols .................... 73
10o.000o State Consols ...................... 73% I
14.00ooo Premium Bonds.......... ...... 3-. s
15.140o Premium Bonds ................... 32%
THIRD CALL. 2 P. M.
.5,000 8tate Consols--................. 73... 7
92 s5oo State Consoles ..................... 73%
o40,00ooo0 tate Consols (8.60) ............. . .3%
10oo0 Small State Consols............... 71%
aooo Premium Bonds ................... 321
NEw YoBt. June 14.-In Wall street money
closed at 2 1 cent. Exchange closed aquet at
485%0@487%. Gold opened at 101%, declined to looi
and advanced to loo100%, and closed at loo1%. Oov
Sernments closed firm. Currency sixes 1o20@120%.
Pacific Railroad bonds closed as follows: Union
firats 1077@108: land grants 107%@107%. sink
Sing funds o101%@101:S; Centrals 108@108%.
In State bonds District of Columbia 3-65's
sold at 84.
Gold clearings at the N. B. 8. N. Y.-Gold bal
ances 780sooo); currency balances $888,708;
gold clearings 516.532.000.
OFFICE OF NEW ORLEANS DEMOGRAT,
Friday Evening June 14, 1878.
GENEBRAL BEbMABKS-To.-day was intense
I ly hot ando close, ad the tbhreet ta
ing for oool ples Lad MoppDing their heated
brows to paty mtch attention to businges.
During the psat week the sales of Cotton
footed up 11,600 bales, against 12,650 bales the
week previous, and there has been an advance
of ce on low grades. There has been a good
demand, with a steady and strong market.
For Corn Meal there was but little demand,
and the market was quiet. The only sales re
ported were 60 bbls at $2 45.
During the week ending to-day the demand
for Flour has been dull, even to filling orders
for home consumption. We have heard of but
one sale for export, 600o bbls for Cuba. The
market closed dull and inactive, with prices
steady. The sales to day in the local trade
amounted to only 421 bbls.
For Corn there is only a moderate demand,
and prices are steady, and sales to-day footed
up 1650 sacks, at prices ranging from 510 to 530
There is but little life in the Bulk Corn mar.
ket. In a day or two there will be an arrival of
63.708 bushels, but all this has been sold and will
be immediately sent forward to Liverpool.
The uncertain future of the Chicago Pork
market, and the recent fluctuations in that
market, have caused our merchants in that line
to be exceedingly prudent, and consequently
buyers manifest an indisposition to make pur
chases of the article except in small lots to meet
immediate demands. Prices remain about the
same as last Friday. The supply not being
large, holders are not very anxious to press
sales, especially of round lots. The sales yes
terday were 126 bbls, in Job lots. at $10.
Since last Friday prices of Dry Salt Meats
have advanedd %@ce.
COTTON-During the week closing to-day.
the market has improved No on the low grades,
the high grades showing no change. Through
out the market has been steady and strong,
with a good demand. In fact we are now doing
a May business approximately on a July stock.
The sales for the week amount to 11,600 bales,
against 12,660 bales last week, and 10,350 bales
week before last. The sales to-day embraced
1600 bales, prices ruling firm at yesterday's ad
Futures at New York have not flnctuated
much during the past week: as cofbpared with
prices last Friday there is a net gain of 1 to 7
points with sales for the week amounting to
Havre has advanced 1 franc during the week,
nd Liverpool is 1-16d higher than on last Fri
The following is the official closing of the Cot
Low Ordinary ......... 9' 9
Good Ordinary ...........10 10
Low Middling............lo 10'
Middlin ...................11o 114
Good Middling ...........12 12
Middling Fair ...................
Sales to-day 1600 bales. Market firm.
In store and on shipboard Sept.1, 1877. 21,356
Gross receipts since Saturday 706
Gross receipts previously ......1,655,082-1,655,788
Excess in actual stock made from
linters, loose, etc.. since tieptem
ber 1 ................... .......... . .. 12,825
Total supply................ .. 1,6809.969
Exported to-day .............. 3,161
Total stook this day ..................... 47,611
Total stock this day last year.......... 92.113
The exports to-day were 3110 bales to Havre
and 51 bales to Cincinnati. For the week cloasng
to-day they were 2683 bales to Great Britain
7054 to France. 1917 to other foreign ports, and
Lret receipts since yesterday........... 308
Receipts from other ports.............. 398
Net receipts last Friday ............... 572
Net receipts same time last year......- 239
Net receipts this week................ 2.146
Net receipts last week................... 2,655
Net receipts same time last year ...... 2,543
Net receipts since September 1......... 1,361,887
Net receipts same time last year....... 1.171,848
The sources of receipts have been from Red
river, Ouachita river, Arkansas river Chicago,
St. Louis and New Orleans Railroad, and the
Mississippi river and other tributary streams,
giving total net receipts of 2146 bales. against
2543 bales this week lastyear, and 1.361,887 bales
since first of September, against 1.171 848 bales
same time last year. Adding receipts from Mo
bile, Texas and Florida, the gross receipts are
found to be 4758 this week, against 2738 this
week last year, and since first of September
1.,55,788 bales, against 1,868.663 bales same time
uotton on shipboard as per account of the
Cotton Exchange is as follows: Liverool
12,992 bales Havre 396, Bremen 163. Mediter
ranean -, Spain -, ooastwise 1076; total, 14,627
bales. This, taken from the stock at noon, as
naoted at the Exchange. leaves in presses 32,984
The exports since September 1 to date from
New Orleans have been as follows: Great
Britain 789.796 bales, against 658.641 last year;
France 324,621 against 318,009 last year: other
foreign ports 302 110, against 176.611 last year,
and coastwise 225.831. against 158,866 last year
making a total foreign and coastwise of 1.642,358
against 1.312.127 last year.
The receipts at all ports, consolidated, as per
telegrams to the Cotton Exchange. shows totals
from noon yesterday to noon to-day of 2004
bales, against 2172 bales last Friday, 1393
last year and 2145 the year before last.
The movement at ports for this week, up to
12 m. to-day. is given below:
Received Received This week
this week. last week last year
Ne Orleans ......2,146 2.655 2,543
GalVeston. .......1,507 1,417 480
Mobile.......... 866 935 181
Bavannah. ......2,068 1.755 1,072
Oharleston ....... 361 445 243
Wilmington....... 157 230 40
Norfolk .... ....1,744 2.115 1.117
Baltimore........ 177 195 374
New York. ...... 121 913 6
Boston ...........1,421 909 2,144
Philadelphia...... 162 168 610
Various .......... 313 406 97
Total.... ....11,045 12,14 9,520
Receiptsatports since September 1.....4,183,586
Receipts same time last year .........-..3,897,377
Receipts same time year before.........4,037,723
The consolidated report for this week gives
G. B. Fr'e. Con. Total.
This week....... 9,537 7.,254 8,839 25.630
Last week ....... 25.818 3,820 1.622 30,760
This week last
year......... 29,788 1 549 15,153 46,485
Since Sept. 1.... 2.061,534 491,353 672,408 3,225,295
Same time last
year........ ....1,993,214 439,284 425,825 2,858,323
STOCKS AT ALL THE PORTS.
This week ..................................215,309
This week last year.....................313.447
OCEAN FREIGHTS-Are quoted as follows:
By steam-Cotton to Liverpool 5-16d@%d to Re
vel -d: to Bremen -d; to Boston. Providenc%
Fall River, Philadelphia and Baltimore, via New
York %c; to New York %c; grain to Livernool
4s@8d, and - to Bremen * quarter.
By sail-Cotton to Liverpool 5-16@%d; to Havre
4c; to Bremen Xc;'to Genoa 3@1c; grain to
dUGAR-Receilts 40 hhds. Sales-38 hhds.
The demand is good and the market firm at an
advance of ,c.
We uanote: Inferior 4Y@51; common to
good common 64e62: fair to good fair 671@
7Yc: fully fair 7'40@77nc; prime 7%c; strictly
prime 76@S8'.c; gray clarified -.-c yellow
clarified, as in quality, 8%@seXc; off whites.
gEod to choice. 9c; white clarified 9@9 .
MOLASSES-Receipts 112 bbls. Sales-46 bbls.
The tone of the market is steady, with a mod
We quote: Common 22@25:; fair 2is28e;
prime 82@50c; strictly prime 860880: choice
FLOUR-Receipts of flour this week 11,452
bbls, against 11.825 last week and 2744 this week
last year. In a review of'the week closing to
day we see no interesting features and no
changes. Throughout the demand has been
dull and the movement light to the local trade
in job lots, with only one sale on foreign ac
count, made to-day, and consisting of 5oo0 bbls
for Havana. The market is quiet and steady as
to prices and closed dull and inactive, with
sales of 500 bble to Cuba. and 421 bhls in the local
trade, as follows: 136 bbis at 4; 25 at $4 25; 75 at
S4 40; 35 at $5 30; 50 at $5 60, and 50 at $5 65.
We Quote: Fancy choice . 50s6; family $5 25
@5 5o; trebles, low to choice, $4 62%@5 120;
doubleextras 84 2504 50; single extras 83 756@4;
superfine $3 501 3 76; common $3. Dealers
in their trade obtain an advance of soc bbl on
CORN MEAL-There was not much demand
to-day, and the tone of the market was quiet
and easy at $2 40@2 45 for good to choice West
ern, ex landing. Dealers' rates are still quoted
at $2 65@a 75 9 bbl. Sales-5o bbls at 2 45.
GRITS-There is a steady demand and prices
continue to rule firm at 83@3 I bbl for good
to choice Western ex-landing in round lots.
On job lots era obtain a 50, as in qual
M I N~3e~ o Q
and the demand continuing fair, the market
has taken a further upward turn, ax. now
rulesstrong at 51 50@l 6 for whippoorwi $17,
@2for mixed, and $ s@2 so for choice clay.
PORK-The features of the market are the
dullness in the demand, and the unwillingness
of buyers to take the prorty otherwise than in
small lots. As compared with last week prices
are about the same, round lots nominal at $9 75
and job lots selling to the trade at $10 P bbl. The
supply is limited in amount and holders are not
disposed to press sales, preferring to meet the
dailyjobbing demand at current rates. Sales
12 bs, in job lots. at $10.
DRY SALT MEAT-As compared with last
Friday prices are 3i@i higher. The supply is
light but the demand is also limited, and prioes
are quiet and steady. Shoulders 4,.@43. for
loose, and 434c for asoked. Dealerb' rates are
quoted 4@4~% for shoulders, loose and packed.
BACON--There is scarcely any supply in the
market, and although there is some inquiry
prices continue to rule easy at former quota
tions. As compared with f goes last Friday,
bacon is '.@ic, higher. We quote shoulders
5,c, clear rib sides 5%@5%, ..nd clear sides 5%
soc. Dealers maintain steady prices at an ad
vance of No on these prices. Sales-5 ca-ks
clear rib sides at 5%c.
HAMS-In a jobbing way to the local trade
there is a good demand for hams, and in' com
parison with last Friday prices are )@ %e high
er. We quote plain hams 7%@8o and sugar
cured at o!'@lo.Y for medium to large aver
age. and lo,.@loc for fancy small average.
Dealers' rates are h @lc higher.
LARD-This article commands attention only
in the local trade, and the movements are con
fined to jobbing sales, with a fair amount of
business doing in that way, and prices ruling
quiet and steady. We quote refined lard 73@
7% for good to choice, and packers' prime
steam ~@T7c; kegs 7X@80. and palls 7.%@8o
Dealers' rates are ic higher. Sales-10oo kegs
parkers at 7%.
BREAKFAST BACON-The supply on the
spot is scarce. and the market is easier for
choice goods at 7?@7%c: dealers arecharging
7%@8K3c for small lots. Bales-lO boxOs at 7%c.
FULTON BEEF-Half bbls $9 75; extra West
ern mess $1o@12 9 bbl.
PACKERS' HOG PBODUCTS-Dealers are
selling on orders in the job trade at $5 75 9
half bbl for pig pork, o 50 9 bbl for prime mess
pork, s8 251 for prime pork, and $8 5o for
COFFEE-There is no material change to note.
The market is easy and only a moderate job
bing business doing.
QUOTATIONS IFO GOLD,
Cargoes. Job Lots.
Prime.....................17% @17% 17X#18
Good......... .....1636@17 17 @17%
Fair................-10 @616% 16@183
Ordinary-...... . -.......1"4% 141 14lt 15
TOBACCO-Was quiet today. The stock on
sale is estimated at 5100 hhds.
Inferior lugs...... .............. @ 2%
Low lugas..... ................... 2X@ 8
Medium............ ..... ... ..a. 8%
Good to fine.. ............................. 4 * 4
Low leaf.................................. 4X@ 6
Medium.........................6 6 7
Good......................................= 736 8%
Fine...................................... 9 *io
Selections.............................10...... o 012
CORN-In moderate request, and prices for
white and yellow steady. Sales-700 sacks white
mixed at 52e 200 mixed at sic, 250 yellow and 500
white at 53c P bushel.
OATS-Are auiet, prices easy and stock large.
Sales--3oo bags choice at Sac.
BRAN-Is in fair supply and in light request.
Sales-250 bags at 65e V cwt.
HAY-Large stock, and under the influence
of a light demand the market is weak. Sales
300 bales choice at $14, and 75 prime at $12 5o .P
BULK CORN-The market is dull and likely
to rule so some time longer. The Port Eads
and barges are reported due in a day or two
with 03.708 bushels in bulk. sold previoucly. and
going through to Liverpool. We quote No. 2
mixed at 43%@44c.
BUTTER--Far stock and in moderate re
quest. New York creamery fine 23@25c. New
York dairy prime 20@22c. New York dairy good
18@19c: W stern creamery 18@25c. West ,rn dai
ry 11@15' ' lb.
CHEESE-Is in light defnand. New York
cream 12c, Ohio factory 7%c f' lb.
POULTRY - Old chickens $4 50; young
$2@3; ducks $2@8 : geese $4@5; turkeys
STARCH-TIn fair demand at 8.e in lots.
POT .TOES - Western nominal at -@- 9
bbl. Of Louisiana potatoes there is a fair
stock, with a light demand; prices easy at
sl(i 25 ? bbl.
ONIONS - Western nominal. Louisiana
onions are in good demand at $1 75@2 25 9 bbl.
SWEET POTATOES-Are quoted at $2 75@3
CABBAGES-Are steady. Louisiana cab
bages are quoted at $2 50@3 50 P 100.
BEANS--Northern 3@3%c. Western 2%@2%.
EGGS-Western 14@15c; Louisiana 17@20 9
RICE-Is firm. No. 2 4%e common 4%@
Stc, ordinary %@%5o, fair 5s o 6, good 6%@
6360. prime 6@7lc. choice 7.@7MGc $ 11.
SALT-We quote dealers' prices from their
warehouses at 8s@9oo 9 sack for coarse; $1 05
@1 10 for fine. Turk's Island dull and neg
lected; held at 8s@3a2 9 bushel. Table salt in
pockets I~@7% 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 aqote choice
Cincinnati $1 c3@1 oS. fair to good Western and
Louisiana six per cent $1@1 o3.
WOOL-Small lots of the new cro0, are coming
in. but meeta poor market and nominal prices.
We quote burry e@loc; Louisiana clear 18@2oc;
lake 21@220 9 1b.
COTTON TIES-Are quoted at $2 25 ' bundle.
with discounts according to quantity.
MARKETS BY TELEGRAPH.
NEW YonR, June 14. 11:10 a. m.-Coffee dull;
cargoes-ordinary 131314, fair 156, good 15%@
16, prime 16.4@16%: sales-1500 Horrax. Raw
sugar easy; sales-750 hhds; refining-fair to
good fair 7%@7%, prime 73. Linseed oil 57@58.
3 p. m.-Coffee dull. Raw sugar easy. Re
fined sugar firm, with good demand.
CHICAGO. June 14.-Wheat opened at 92%@s92
July. Corn--36%@364 July. Pork-49 August.
Later-Wheat-91%.@ll9 July, 85% August.
Corn-35%/@36 July. 36% August. Pork--8 75
July, $8 9o bid August. Lard-6.6734 July, 6.77%
August. Dry salt meats-Shouldors 3.85, short
rib 4.85. short clear 5.
Union Stock Yards.-Estimated receipts of
hogs to-day 18,000. Light selling at $3 20@3 30.
heavy packing $3 20@3 40, heavy snipping $3 30o
1 p. m.-Morning call-Wheat-95sM June, 91%
,1902 July. 85% asked August. Corn-35% asked
June, 36 July, 36.%@36% August. Oats-23%
June, 23% July. 22%@22% August. Porg--$ 92%
July, $s 10 August. Lard-6.75 July, 6.85 Augut.
3:30 p. m.-Close-Wheat-95- June, 91% July,
85'4 bid August. Corn-35%a 35% July, aso3
36% August. Oats-23% June or July. 22%
August. Pork--S 95@8 97% July, $9 120@9 15
August. Lard-6.75 July, 6.85 August.
ST. LoUIS, June 14.-Opening-Wheat-go
July. Corn-35 seller July.
1 p. m.-Wheat lower-No. 3 red 92 June, 90
July, 88% August 91 cash for strictly fresh.
Corn lower-33% bid June, sales at 34%@34%
July, 34 cash. Oats lower to sell-24 bid June.
24% bid cash. Whisky quiet at $1 05. Pork dull;
jobbing at $9 4o f. o. b. Cut meats nominal.
Bacon unchanged. Lard lower at 6.60.
1:15 p. m.-Wheat-89% July, 88% August.
Corn-34% July 36 August.
CINCINNATI, June 14.-Pork steady at $9 25@
9 so. Bacon-Shoulders 4%, clear rib sides 5%.
clear sides 5%. Sugar-cured hams higher at
83ll11. Bulk meats firmer-Shoulders 43, clear
rib sides 5.05. clear sides 53. Lard firm-Cur
rent make steam 64, prime winter 7%, country
kettle 7%,. city do 8@0%. Hogs-Receipts to-day
1936; market moderately active and prices un
changed; common $2 9003 10, fair to good s3 150
3 30, choice $3 40@3 50. Whisky quiet and steady
at $1 03.
LIvERPOOL, June 14, 12 m.--N. 1 spring wheat
9s@9s 8d, No. 2 a@09s 3d; California wheat un
schanged. Indian corn 238.
There is a good demand for wheat, but no dii
flculty in buying;cargoes of No. 1 spring on the
coast quiet and steady; prices here affected by
American quotations; weather very favorable.
Corn dull. French markets lower; very little
demand outside the usual demand for con
12:30 p. m. - Cotton hardening: Middling
Uplands 6 5-led. Middling Orleans 6%d; sales
12,000 bales, ofi which 3000 are for export and
speculation. Wheat-Western spring s88 ld@
59 7d. do winter los lOd@11s. Flour-Western
canal 3as 6dO25s. Corn-New a23s 3d. old 278 ad
@27s 9d. Oats-3s 2d. Pork-Prime mess West
ern 42s 6d. Lard-Prime Western a5s6d. Bacon
Long clear 27s, snort clear 28s 6d. Tallow
1 p. m.-B-eadstuffs dull. Wheat-Western
spring 8s 10d@9s 6d, do winter los 3d@10s 4d.
Corn-New 22s $d@22s 9d. Oats--s 9d. Lard
Prime Western s58. Bacon-Long clear 26s 6d,
short clear 288.
1:45 p. m.-Wheat quiet--Sprfng Os 2d@9s iod,
California average 10s 7d@los 11d. Corn ashade
easier at 23s.
3 p. m.-Hams-Long cut firmer and ad
vancedto 4os. Beet-Extra India mess dull at
938. Lard oil declined to 358. Tallow-Prime
city dull and declined to 37s 3d. Flour-Ameri
can extra State dull at 25s 6d. Woeat dull
Sporin No. 1 9, 9d, No. $ 9s Ld. winter 10. -Corn
duU'-- NW mixed 22 94 Alt other artli nn
i s; n arsex to arrive a sade easler:
hio 41 edQ42s, Californa-just shipped
47s. nearly due 48 ed. Corn--Arrived cargoes
quieter' to arrive 22s 64.
Mark Lane-Wheat and corn heavy.
6 p. m.-Tallow 8ss ad.
Naw YORx, June 14.-Ocean frelahts are very
steady, though less active. To Liverpool, by
steam, ie6,ooo bushels grain at 8(d 9P c6 t; to
London, by sail 16,000 do at s;d P 0o Itb. Grain
to Cork, for orders, is quoted at as io0d@e6s
quarter. An American brig to Alexandria, with
14.000 eases refined petroleum at soe, gold.
TrEGARDEN HOTEL, MISSISSIPPI CITY,
Mi ss.,under the management of CoL J. O.
NIXON, is open for the season.
Rooms large and airy. offering special ad
vantages for families, assuring them all home
comforts. Fish. Oysters and Crabs. and Fruits
and Vegetables raised on the place, in abun
dance. Being directly open to the Gulf Salt
water Bathing is at all times certain. Terms
moderate. je2 2m
THE CITIZENS OF NEW ORLEANS AND
Lvicinage willbe lad to learn that the superb
new Hotel at POINT CLEAR will be opened
combines more advantages both for the seekers
after health and leure n yotherwater
ing place in the South. situated In Mobile Bay
within a stone's throw of the Gulf of Mexico. it
boasts surf bathing, pure. health-giving salt
ir the nest fish in the world, fineboating and
driing, billiard saloons and ten-pin alleys.
The Hotel is new, and has, with its surround
ings. been so improved as to make it a most de
lightful residence for summer. The beds and
furniture are also entirely new, and the cuisine
is especially excellent. There is communica
tion with Mobile twice daily, and parties leaving
New Orleans in the morning arrive at the Hotel
to dinner. The charges are moderate and
special terms made for families.
For particulars address
H. O. BALDWIN. Proprietoar
Baldwin County. Ala.
or PATTISON & BOVARD.
72 and 74 Gravier street.
apis 3m 57 Carondelet street,
MONTROSS AND MHADY GROVE,
Now Open For the Reception of Guests.
THE UNDERSIGNED TAKES PLEASUBE
in announcing to his friends and the
traveling public generally that he is able this
season to offer increased comfort and addi
tiont accommodations to his many atrons.
Hayng leased the SHADY GROVIt HOTEL for
a term of years will keep same in connection
with the MONTRO8S HOUSE. Both hotels
have been thoroughly renovated and refitted,
situated directy on the beach, affording a fine
view of the Gulf of Mexico and offering boat
ing, bathing and fishing of the finest descrip
tion. No expense will be spared to make the
Montross and Shady Grove Hotels first-class in
avery respect. Terms reasonable. Special
Rates to Families and Permanent Guests.
Meals to Excursionists $1, with privilege of
bath*houses free of charge. Address
P. J. MONTIROSS, Proprietor,
or E. H. FABQUABA
my6 4m P. O. Box 1977, New Orleans,
GRAND ISLE HOTEL.
JOHN F. KRANZ...................Proprietor
JOHN H. KRANZ................Superintendent
SITUATED ON THE GULF OF MEXICO.
THE MOST DELIGHTFUL SURF BATHING
IN THE SOUTH.
NOTED FOR ITS HEALTH-RESTORING
THE HOTEL HAS BEEN ENTIRELY RENO
vated, a large number of new cottages added
to the former hotel buildings, and entirely re
furnished in elegant style. A new railroad and
cars have been built, connecting the'hotel with
the steamboat wharf and the beach, and addi
tional bath-houses built. The roads have been
thoroughly repaired. Good facilities for fish
ing, bathing and game.
For further particulars apply to C. STROBEL,
No. 49 South Peters street, near Poydras.
THE UNDERSIGNED HAVE LEASED FOR
.a term of years this celebrated Waterins
Place, noted for its healthfulness, beautifui
scenery. FINE SEA BATHING and FISHING,
semi-distant from New Orleans and Mobile, on
the New Orleans and Mobile Railroad, a ride
from either city of only two and a $alf hours,
and accessible by direct railroad and tele
graphic communication to all parts of the
country and with accommodations unequaled
by ANY HOTEL ON THE GULF COAST.
We have completely refitted the house, and
intend to make BARNES' HOTEL the most
comfortable and desirable house in the South,
both for SUMMER and WINTER RESORT.
Invalids will find every delicacy, comfort and
attention, while the votaries of pleasure will be
furnished with both BRASS and STRING
MUSIC, TEN PINS BILLIARDS, SHOOTING
GaLL('RIES, ARCHERY CROQUET, AND
ALL OTHER GAMES productive of health
The Bar will be furnished with Wines and
Liquors, PURE and of the best to be pur
We appeal, by right of our past reputation as
liberal Hotel managers, to the generous sup
port of our oeople, for whose benefit we make,.
as below, our rates as low as consistent with
keeping a FIRST-OLASS HOUSE,
Guests will be received at any time from date.
The House will be fully opened on the first of
Board, per day ....... ................. $2 50
Board, per week .................... 15 0o
Board, per week, per month............. 12 00
N. B.--FREE OF CHABGE.-Excursionists
and other parties will find at Barnes' Hotel
magnificent Picnic and Encampment Grounds
of fifteen acres, shaded with live oaks, with
privilege of Bathing and Fishing, and are
cordially invited to partake thereof.
CHAS.E. SMEDEFS Agent
S JOHN E. BOWLAND.
mvl 2m Proprietors.
WESTERN NORTH CAROLINA,
IS NOW OPEN
For the Reception of Pleasure Seekers
THIR LOVELY PLACE IS SITUATED IN
the beautiful valley of the French Broad,
within eight miles of railroad.
We have a fine Band of Music, attentive ser
vants and all other accommodations to be
found at a first-class watering place.
For particulars, appl for descri ttve pam
phlet. W. H. HOWERTON.
my29 Im Proprietor.
CAPE MAY. N. J.
(Of Continental Hotel, Philadelphia, )
Proprietor and General Manager.
Season IS-7-Opens June 15.
REDUCED RATES TO PARTIES REMAIN
ing one Week or Longer.
NoTr,-Wetake great oleasure In informing
our patrons that a new Passenger Elevator and
Electric Bells (in every room) have been added
to the Hotel my25 2m
TO THE LADIES.
DB. BILLE has returned from Paris and
opened an office at 196 Canal street, between
Dryades and Bampart. Dr. Bille has the se.
eret of Ninon de l'Enolos. who. up to her deatt
In her seventy-second year of age retained the
beauty, vivacity and spirit as when she was
twenty years of age, By Dr. Bille's treatment
which is pleasant, even enjoyable, ladies can dc
away with all cosmetics and paints, as the skin
becomes soft and white. the eyes regain their
wonted lustre and strength.-and vivacity re
turns. The old become young, and the young,
whn have ruined ti-blpwith late lons
ane. become utu an fall of the
frr s of ee
STATE OF LOUImIANA.
PARISH OF OBLEANS.
CITY OF NEW ORLEANS.
BE IT KNOWN. THAT ON THIS P-.
B teentb dsyof May, in the year of our Lord
one thousand eight hundred and seventy-eight,
and of the independence of the United Stater
of America the one hundred and second, beore
me Nicholas Browse T'rit, a notary public.
and for the parish of Oes, of Lo i
ana, duly commissioned and qualified, ad in
the presence if the tnesses hereinafte
named and undersigned., personally carme and
appeared, the parties whose names are here
unto subscribed, who declared that, availing
themselves of the provisions of the laws of
Louisiana, relative to the orglnization of cor
porations in this State, they have oovenanted
and agreed, and do by these presents, cove
nant, agree and bind themselves, and those
whom they represent, to form themselves into
and constitute a corporation for the objects and
purposes and under the stipulations following,
The orporat name of said corporationshal
be the "GOODENOUGH HORSE SHO b
SHOEING AtBOCIATION." Its domicile shall
be in the city of New Orleans, and it shall have
a corporate seal, with the name of the Company
engraved thereon, and such device as may be
agreed upon by the Board of Directors.
The object and purposes for which this cor
poration is framed, and the nature of the busi
ness to be carried on by itis hereby deolaredto
be to introduce, use, apply and dispose Of th
horse and mule shoes of te GOODE1NOUG
HORSE SHoE MANUFACTU(HING COPA
NY. and ANVIL HORSBE NAIL OOMPANY of
New York, agreeably to the system of shoeing
introduced and practiced by R A. Goodenough_.
with all modifications and improvements
which may be made thereto and to dispose of
the exclusive right to use said shoes and nails'
in the States of Texas, Arkansas, Tennessee,
Alabama, Mississippi and Louisiana
The President of this Company is hereby
designated as the officer upon whom all cita
tions and other legal process shall be served,
and, in his absence, unon the Vice President.
This corporation shall have and enjoy sun
cession for twenty-five years from the date
The Capital Rtock of this Corporation is here
by fixed at FIFTY THOU4AND DO l , h
divided into five hundred shares of oneh gam
dred dollars each which may be Increased by
vote of the stockholders, at a meettint eafl
for that purpose, to a sum not-exceedin 1 ON
HUNDRED AND FIFTY THOUSANDDOL
LARS, notice of which meeting shall be pub
lished in three eonseoutive issues of a da*lt
paer of this city, prior thereto.
One hundred shares of said capital stoock e
hereby turned over, as full paid stock, to the
undersigned, Hugh Kennedy and John OCrik
ard, fifty shares to each, in eonsideratlon of the
transferand assignment which they do here
make to this corporation of the interests .d
rights now held and owned by themn t
Goodenough Horse Shoe Manufacturing om
panv and Anvil Horse Nail Company of te cty
of New York, together with their exclusive
privileges to use and dispose of the said horse
shoes and nails in the States of Texas, Arkan
sas, Tennessee, Alabama, Mississippi and Lou
isiana for ten years from April 17. 1878.
Eighty shares of said capital stock are hereby
taken by the subscribers, in the number set
opposite to each name, and are to be paid for as
soon as'this corporation is organized for usi
ness. The remaining shares are to be ofeed
for subscription at one hundred dollars per
share, to be paid at such time and in sush man
ner as may be determined by the Board of Di
Should the capital stock be inoreased, all
stock subscribed for shall also be paid at such
t time and in such manner as said Board of Dn
rectors may determine,
All the powers of this corporation, except as
herein limited, shall be vested in a Board of
Directors composed of four stockholders; aa
two of whom shall donstitute a quorum for
I transaction of business. Each director shallOwl
and hold in his own name at least five shr
the capital stock of the corporation.
- Board of Directors shall be elected i
after the signnng of these Dresents
hold office until their succesesors shall ve
been duly elected. On the first Monday of
1879, and annually thereafterteen days
notice thereof being given in one of the
I newspapers published in this city, sa el
for directors for the ensuing year shall be he
by the stockholders, at the ofdee of the coea
pany and a plurality of the votes oest, oua ' -
one vote for each share of stook vt
either by the owner thereof or his or her ptatdy
shall be sufficient for the election of dire lt
and if from any cause said electioh soul n
be held at the time for which notices.
the meeting of stockholders may be ajourn
for fifteen days thereafter, and if nesgr'
they may continue to adjourn for fea. dae ,
I until an election is effected; notice theref ap
Sinriven as hereinbefore provided. Said ].ar"*
of Directors shall, at their first meetingels
one of their number as President of this
a pany, and they shall have the power So i
8 vacancy that may occur among the
from death, resignation or otherwise. It h
Sbe the duty of the President to preside at 51
Smeetings of the Board. In ease of absence or
inability to act, the Vice President shall performs
all the duties of the President.
I The Bard of Directors shall have the power
t to make all such by-laws rules and reglu ons.
for the government of the affairs of tis com
pany as they may deem proper, and to alter a
I amend the same whenever they may conider
it necessary so to do.
No stockholder of this company shall ever bW
responsible beyond the amount of any unpaid
balance due to the Company on the shares
owned by him, for any debt, fault, contract or
liability of this corporation, nor shall any mere
informality in organizing have the effect ofren
dering this charter null, or of exposing aS.to
Sholder to any liability beyond the amount of he
unpaid balance due upon his stock.
This act of incorporation may be modified
altered, amended or dissolved. with the assent
Sof three-fourths of the stock represented at a
general meeting of the stockholdeirs, spelially
convened for that purpose.
C ARTICLE EIGHTH.
O At the termination of the present charter, o
Sthe dissolution of the present corporatlon t
affairs shall be liquidated, its debts paid and
any assets remaining divided among the stoco
I holders in proportion tothe amount of paid au
a stock held by each, the liquanidation to bemade
Sby two commissioners to be appointed for that
a purpose by the Board of Directors. All neaes
ary powers shall be conferred upon them. and
their compensation, as well as the period al
lowed for liquidati n. shall be fixed in such
Smanner as the stockholders may decide, by res
olution in general meeting convened.
Thus done and passed in my offie, at New
Orleans, the day, month and year first above
written in the presence of Benjamin Olivier
and John G. Wilson. competent witnesses, re
siding in this city, who sign these presents with
the appearers and me, notary, after reading
HUGH KENNEDY, and others.
a 1. B. TRIST, Notary Publio.
J. G. WILSON.
I, the undersigned. Recorder of Mortaages in
and for the parish of Orleans, State of Louisi
ana, do hereby certify that the within and fore
going actof Incorporation of the Goodenough
Horse Shoe and Shoe~ig Association was this
Sday duly recorded in my office in book .a1,
folios 243. 244 and 24.
New Orleans, May 15 1878.
J. G. RICHARDSON,
A true copy of the original on file in my
notarial records, as witness my official seal and
Now Orleans, May 17, 1818
N. B. TTLST. Notary Publie.
my25 l1taw sW
m25 itaw 5w .
ROBERT E. LEE
THIS STOVE HAS JUST BEEN INTRO.
duced in this market. It is manufaetured
in Georgia. and is presented to the wublie utht
equal of any Stove on this market for all house.
hold purposes. with a fulil garantee to tiatefr
fect whil it is sold fully TWENTY PER u
CHAPEB,. by the undersigne(d
JAMES H. REYNOLDS,;
General House anu Steamboat SO t ,
Plumbing, Gas and Steam Pipe Pitting, Stovep,
Ranges and Pamps.
SO ............ a ae Street ......... ..--i
Deateeu Unrnmd PerdMoutnses ,
1*l yk~.:; -,:,