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The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, October 20, 1877, Image 3

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cI*1 and aan eld ba atera.
MIISl'I debt s nearly $86,000,000, and the
Intersrt amounte to over u$,800,000,
Tbere are two vessels--one steamship-now
way - t-o hts Oty ifr om the Paesa, fomr
RIo Janeiro, bringing anout 19,000 bags of coffee
e. this market.
The Jaioson Ballroad brought in yesterday
lee oies of cotton. The Mobile road deposited
here 117 bales. This shows a gradual but grail.
Increase of reoeip:s by rail of the great
The amount of sugar consumed in the United
l.ates last year was 638,869 tons, of which 501,869
.4es were imported and only 71,000 were of
dob0 st o producion--nearly eight times as much
f0oregn ae domestic.
The great steamboat Natobes wee due last
I.-t with 8800 bales of cotton and 4000 sacks
ednto sed. Though a little late, cotton com
useNs to pour in. If the stage of water in our
ihrier was better, our reelipts, notwithstanding
be baokwardess of the crops, would be much
and more satisfactory.
-iss Minnie E. Hodges, who has Just resigned
1e* position of cashbler and m ,ney order clerk In
the Des Moines, Iowa, post-ofice, handled and
paidout during sit years $4,000o,000, and never
- a mistake of a cent. At times she had
a...ge of the whole office, with twenty-five and
hirty celerks under her direction.
Mighty indeed, is the peanut crop. In the
aSsl 1871-77 the htate of North (,roiisa pro
195,000 bushels of peanuts; Virginia 780,00)
mehbsl, and Tenneesee 600,000 bo hels. The
liteod States can "point with pride" to the fact
that ia the last four years within their borders,
1U0,000 bushels of peanut were harvested.
It does seem strange that the broad Atlantic is
met wide enough for vessels to pass to and fro on
without colliding, Is it foolhardiness, ignoranoe
o gros criminality that causes the serious and
ftatl oollielsns that are nearly every day reported
as ooourring at sea? The (ousett, from Antwerp
4b lNew York, and the Jeeson', from Liverpool
for Melbourne, is the latest caeualty of this kind
reported. Fo Inuately no lives were lost, but
the last named vessel was sunk. No one to
blame, as Uuail.
The Flnancial Outlook.
(N. Y. Tribune, 15th inst.]
Busioses prospc ot have not materially changed
I-hging the plst week. The bank statement,
whihI all watch closely, was received with a sort
satisfaction on saturdsy, because, although
ar. appears a loss of 61,085,200 in the legal
eb.der reserve, that loss was not as treat as has
brn teusual at this season, and it was partly cov
sed by an increase of 1638,di00 in specie reserve.
It had been reported that a very large increase im
dreslation had been made, but the report
showed no material chaige in the aggregate
hw i the elrolnation of either of the banks. I_
Its nderstood, however, that application for
several millons of addlitional circulation ha been
-l e, which will probably be issued during the
south, and a Washington dispatob foreshadows a
retirement of about $2,000,000 of legal tenders
p the 81st. But the balance in the treasury is
Large enough to enable the Lecretary, if he is die
peed, to make the retirement from that balance,
-- be did last month, instead of formally redeem
._g legal tenders by purchase, as he Indicated in
i Ohio speeon that the law contemplated.
_eubtless, if he pursues the same course this
ouiWth, it will bs as a temporary arrangement, to
be followed by the purchase of legal tenders at a
"ige deemed more fevorabie. The decrease in
eaposits was only 6081,800, and in loans only
iPwiU WS Ue vUIJ 5aOUv* UUUo a v mwn5s U0017
Revenue Frauds in Rutar.
The Department of ttate, so says a Washing
te$ dispatob, will immediately institute inquiry
tato alleged breach of ofnli .al trust by Vice Jon
1al Tengely at Demarara. For some time the
government has been reoeiv!ng complaints from
Sotale souroes at Baltimore that a high grade of
Eugar, through a chemioal process, was being en
tered at a lower grade, and therefore at a lower
gate of duty, thus defrauding the government of
a large amount of revenue. Anouiry was made of
the Consul at Demarara, Mr. t gyolmeoy. That
o-oer made an fficial report on the subject to
the Department, and it Is sotertained that
through some means a copy of this report was
reoeived by a Baltimore sugar firm, whom, it lls
charged, have been deriving benefit from this Ille
gal proceeding, in advance of the Department of
State, and this appears to have frustrated the
eerts of the government to suooessfully dis
sover the means by which these alleged irregu
larities have been carried on. The interest of
the sugar firms of the United Sates evidently
requtre a revision of the existing sydtem of o 1
Isoting duties upon imported sugars. By the
system now in vogue any irregularlty on the part
Mo Importers at one port militate very seriously
againat the business of innocent firms in other
ert., Besides which the government is a loser
revenue, the loss amoun ing to millions of
dolars. The revenue from imported sugar at
elw York am unts to upwards of $28,000,000 and
at Philadelphia $5,000,000 annually. There Is a
ýlbebility that specific or ad colorern duty wall be
imeed by Uongr.ss at its regular seesiou, thus
abolishing the old Dutch standard system, which
opens the way to such gross frauds.
grain Freights on the Mississlppl.
The New York lul/tin' says of this important
subject: The high rates of freight on merchan
die, particularly grain, on the lieeiseippl river,
have been a drawback which both the new Or
leans and St. L uis papers have for a long time
past suggested remedies for. Various eeor
btat charges for handling and towing have, in
a measure, figured oonepiouounly in the high
uharges but the fact that there has been no real
shange in the class of or.ft used stands out very
prominenly when the matter is thoroughly look.
ad into. To all account. the system of transpor
tatlip on the Mississippi river is the most extra.
vagant and wasteful that could be devised. This
extravagance, it appears, applies to wages, which
are higher than can be supported by any
lnterest struggling for existence. It also
aplies with additional force to the matter
of fuel and its nee, in which steamboats have not
kept pace in economy with the other branches of
the carrying trade. "It would be a nice caloula
tion." says the New Or lans Timnes, "to estimate
the losses entailed upon a river steamboat first.
by the unnecessarily large consumption of fuel,
and, second, by the waste of time and labor con
sequent noon the frequeut landings required in
handling it. The next conspicuous extravagance
is in the rapid wear and tear of a steamboat,
whieh, including repairs, cannot be estimated at
s- than 25 per cent." The Times further says:
Taking the condition in which we find the river
lgterests, as at present administered by those
who have them in charge, the conclusion would
teem almost irresistible that it is in process of
pa.sing away, to be replaced by a more vigorous
and intelligent successor."
The remark in the above articfole, that "wagre
ire higher than can be supported by any interest
strugllng for existence," is erroneous. Captains,
-ead clerks and pilots receive the highest wages
paid on the St. Louis and New Orleans steamers,
-d4 yet there are many of them sober, industri.
ipta and competent mon-who have not been
p over $500 for their services during the lest
twelve months of navigation, and a smaller
sent.a of remonera ti m was paid in the cases of
ter ofiloers. The masters of Upper Misslssipoi
le-er are paid on an average no more than $650
sr annum.-[River Reporter Republican.
Mlssisaippt.
;en. Stone, of Mississippi, in a letter to 0. P.
uIntangton, gives some enicouraging facts and
iguree with regard to his dtate. le says: "Free
(chools exist in every county, and ample taoili
teM are afforded for the education of the children
if boo races. The Legislature, in April, 1878,
txtenled the public school term from four to
Ire months, and in some localities the free
ohools are taught for ten months in the
rear." Financially, the exhibit is simply
ronderful, and shows the difference be
seen carpet-bag mierule and a Democratic
Ldmilnitration. We learn from Gov. Stone that
a 1878 the State tax was 12ý mills on the dollar;
, 1874, 14 mills; in 1815, 9/ mills, in 1876, 6/,
allis, and for the present year it is only 5 mills,
r but two-fifths of what it was in 1873, and little
more than one-third what it was in 1874. In 1875
he receipts were $1,801,189 18. and the diaburse.
ments, $1,430,192 83. In 1876 the great reduo
Ion in the tax levy caused a decrease in the re
sipts of $981,873 24; but the disbursements for
urrent expenses were out down to $518,709 03.
tom 1871 up to January 1, 1876, the warrants
the State were worth from sixty to eighty-five
"ts on the dollar; during 1876 they were worth
ainety-five to ninety-eight cents on the dol
ad sinoe Jan. 1, 1877, they have been at par,
having been at all times since then money
treasury to . ca h them when presented.
Ji Jnuar.1877, the entire Indebted
State proper was $,1002 21. This
ome redaesd teotawes*$ ,00
7DINECI i Ii, CONIUCUL.
MONTrARY.
OFFICE NEW ORLEANS DEMOORAT.1
Friday Evening. Oct. 19, 1877. 1
NlW oEl.EsAN OL~rAINOO HOUS.1
OlParlngs. ltanoaees,
October i. .......... $1,21a,242 ts 8177,917 48
October 15 ............... 1,11.,433 23 151.4783 2
October 1 ...... 1,470.817 59 161,040 10
October 17 ............. 1,269, 0 28 122,197 49
October 16 .............. 1,171,091 27 206,717 'E)
October 19 . 1,318,104 90 148,278 14
Total this week..... . .$7,695,879 59 8963.184 14
Total last week........ 7,471,10 92.23 4
Total week before..... 8.498.899 94 810.079 10
We regret to announco tht the banking-housee
of Pike Brother & Co. which has been con
duclted for the exclusive bnefit of 'he estate of
the late W. 8. Pike, was compelled to suspcend
payment this morning. We learn from a roll
auto source that the liabilities of the concern
are almost ex'luislvely to depositors and
amount in the aggrestte, in round numbers,
to only l140,000, Against this the concern holds
real estate in this city and Baton Rouge and its
vicinity, including a railroad, producing a
handsome income, which, at the lowest cash as
timate, cannot be put down at less than $205.,o4n,
showing a surplus of $110.000.
'i he above assets are composed of city prop
erties. aggregating $5n0,00. Baton 'inge prop
erty and plantations put clown at $1.0000(1 an(
the railroad estimated at so0,000, the ordglni
cost of whlicih to the State was about $S80 o0(.. A
small loan would have enabled the bank to con
tinue its operation without embarrassment
long enough to realize upon the whole of its
real estate, but owing to the obllaations of our
city banks to aid their customers in the strin
gent condition of the money market Incident to
the moving of the cotton crop they were o,;m
polled to refuse the aid applies for. We learn
however, that creditors representing $68,000o o
the deposits, have proposed to give an exten
sion of six monbhs or I ngor, to enable the con
iern to distpose of its real esta ', leaving only
$5,0100 duto to otlhers, who, it is supposed, may
joln in the .ixtension.
in loss time, however, than that specifled. it
is hllieved thie renl e nsln, €'-ii be sold at publin
sale fir a sullt'lent amnlount in 'ash to pay ,ffT
ill liabilti.es nnl I 'ave a handsome surplus for
the widow of trio de-oascd banker. It Is. per
haLps, tnnCelssary tor us to add that this un
f. ritlnate affair, althou.gh of public interest
from the partlsR conoerncld, is too unimportant.
to have any illuuence in our Ilnancial cire os, or
excite the slightest distrust of other banking
Institutions.
The Money nmarket has Ibeen actlve and strong
tliroughout the wonk both il bank and on the
street, and has continued to work very close
without tirny advanlce in the current rates for
,commercial p, per.
Undemr the course of the market at New York
Gold and Foreign Exchtange have been sligihlli
irregnltr and o.sed to-day about the same as
on last Friday. The movement in both has
been moderate.
At the openloing of the week New York sight
was easier for commeral, buhilt sutseouent'v,
under a fir doemand, the market advanced i1 I
cent over last week's quotations.
We continueto quote exceptional commercial
paper--15 3 l ent per annum discount; Al do
nominal' second grade do nominal; loans on
collaterals o10w12; Al mortgages 10--, and sec
end grade do nominal.
Qold opned at 10210i9ld',%. atalnst 10nst at New
York. and closed at the opening rates, agann-t
1ti276 in that market. The sates summed up
$15,000, embracing $2ano, $14x0 and snoo at lol0,
Iand $Inoo at 1in1:00 @1r2.
Iterling was unchanged, but franos were a
little stronger than yesterday. The sales of the
former comiprised £20 0L1.4 embraecni £4000 bill
of ladlng at ass. £sLeo d(o at 4680 481. £54100 do at
4is, and £200o do at 4lt4i9490. Nothing transpired
in francq.
Under light offerings and a fairdemand, com
merclal sight on Now York advanceid about 1-10
per cent over yesterday's quotations. 'Tihe
saleis comprised $ 30,4u0, emb acing $4(i1,1o, pri
vate bankers' at --,land $eo00 and $s6,000 do at 1-.11
per cenut discount.
ltocks hive exhlxbitedn alittle more animation
but no new feature 'r ma' ked variation
Nate Cionsols and PremIluu Bonds have been
unusually active, toe former, after touching $6
on Wednoesdey. lotlng to-day at 85tt@18'.,
.wainst s,~4sI'N on last Friday, and the Iatter
at 34aS4,a. against 3431',a'. T e oetraordinary
activity anid high rates of Bonds. partictlarly
of SMate, C i.,nsets hIs attracted onsilderable at
tontion. anti while saIne authorities attribute it
to speculative movements, others ascribe it to a
demand from strong outalde parties, caused by
the imm,r 'ved and Improving oondition of polit
cal affairs.
As will be seen by the quotations of the Btock
Exehange be,ow City MHrip and Coupons closed
about the same as last week, while State War
rants are quoted about 2 cent 'tigher,
The ban s checked on New York at i.I cent
discount, while commercial sight was still
quoted att 'n C5-IC, aatlns yesterday.
NEW ORLEANS STOOK EOXAlNOE SMALUt. ,
BEFORE FIRST CALL.
$2,.(100) Hltate Conso'ls.............. ..... sY
BETWEEN FIRST AND HECIOND CALlS.
10o.140 MHtate Consols ........... .......... 13·R3
20i,00) L'enlitum Bonds .................. 35is
BEROND CALL--12:lr I'. M.
10,000. State Consols ...................... 8 ';
0 do iii ...................
5,.00 GC old Bonids, G. ,. ...... .. ..... .'1 :.
IETWEIN SECOND AND THIRD CALL5.
100.o0 State Consols ......... ..... . · .Ht
1).0o11, do . ....... ...... N5.
oJo10, 1'romnum Bonds ......... ....... :35S
r,ise d . ............. ....
THIRD CALL--2 P. M.
200 Per Diem Warrants.......... 911 4
C(:IICENT CITY OPEN STOCK BOARD.
IIIETWEEN FIRST AND SECOND CALLS.
11.(1O)0 Pr(I mium Bolnds ................... 35
10.1401 o do. . . (
4,10.0 do do ................. 35'a
4,)5)0 dio do .... ...... 35. '
n.000 do, do ..... . 8 64
BETWEEN SECOND AND TitItDo (AI.IS.
20,000 Premium Bonds ............(B. e) ai
1,200 CIty Time 187 ..... . :1
25,o 1'pr Diem Warrants ......... .. ...Us
l0o Half-Paid City Coupons ........... 34
AT SFOND CALL AT 12:45 P'. M.
11,0 000 Premium Bionds ... ... . a.16
2J,0(i) do dlo . ..... ........... 5
AFTER Till RIID CALL,
10,1 Pr.e.mium itnds ................... :s
3MPHTMLMb EMAn WADWTOM DorsLt
AMI161UU ALN ANl U1tIlS1AUN COINS.
American gold.... ........ ... 11o25rm ol2*
Amer can silver, new IssIe,halves G '-- pe dis.
Mexican dollars. currency ..... 95 (m 9
kive-frane pieces, gold value. . s5 oo
Twenty- franc pieces, gold value 3 so (a
Soveri.lns, gold value............ 4 80 (a
Ten thaler pieces, gold value... - 9 7 H0
Spa' ish doubloons, gold value . - 9@15 20
Patriot doubloons, gold value.-. - 961 00
Mextran doubloons, gold value - 915 20
Mexican twenty pesos pieces..... 19 2 019 25
South American gold, Des .....85 ('
Pruseian twenty mares....... . 4 to 9 4 75
California gold ............ ..... 5 per c die.
Light weight Amerlean gold..... a Dor c dis.
Mutilated American gold .. .. 1 per c die.
STOCKS AND BONDS.
The following are the weekly tquotations of
the New Orleans Stock Exchange:
BANKS.
Bid. Asked.
Canal, p v t................. 94 95
Citizen's. p v 1o. ........ ......75 so
Citizens' Savings Bank, p v 10. - 11
Germania Natio)nal. p v 1) - .......- 120
Hibernia National. p vlo ...... 78
Lafayette, v 5o ............... 11'. 15
Loulsiana Savings, p v l( ...... -
Louisiana National. p v 1eo..... - .. s
Mechanics and Traders' p v 2o 9. -
Metropolitan Loan and Saving, p
V 1)0........ ......... . - 100
Mutual National. p v 1 ........o 9s.
New Orleans National. p v eo .... so 5s
Peoples.' p v 0 ........ ........... 45
Houthern, p v 5so ........ ... . - 45
State National. p v 10 ........... 62 a
Union National. p v ............ 75 -
Workingmen's, p v 25 ........... 17!' I
INSURANCE COMPANIES.
Crescent Mutual. p v 10) .......... 7.37 -
Fact)ors and Traders'. p v 1)05..... 99) 1o3.i
Firemen's. pv 50 ................ 47
Germania. p v 100................. - 55
Hibernia, p v 100................ 73 -
H om e, p v ........ ................ 19 22
Hope, v 100 .....................4.. -
Lafayette, v 70 ................. 17 -
Merchants' Mutual, p v 100........ 4o 45
Mechanics and Traders', p v 100.. -
New Orleans Ins. Ass'n, p v 30.... - 28.
N. O. Ins. Company, p v 50........ 34% 37
People's Ins. Company. pv 25.... -
2 8un Mutual. p v oo100........... 9 100%
Teutonia, p v 100 ............... -
Union, p v 100.................... 3 -
STREET RAILROAD)S.
Carrollton. ) v oo................. 1123 -
Crescent City. p v 50so........... -
Canal and Claiborne, p v o....... -
2 New Orleans City, p v oo0 ....... - 140%
Orleans pv 5 .................. 23 26
St. Oharles Street, v so....... s% 77%
MIS(ELLANEOUS STOCES.
ienville Oil Works Co., p v loo... 19D 1so
ntCit Ol Co....... ....... a a
City Blgthte-Houe
+.tcl~;bmt~~~At...+ i0 lot... ac 0
0............................ 10 12
t-ani Leee, preoerred, v 16 -
La. tte Lottery o., p v t0 ... . - o
Louilsana Ol Company, v i . 120 125
levye $t.eam Cotton Proe,. p v 1i00 31:.' -
Louisiana Cotton Tie Co., p v 10 - -
Lamm'- Ffr3eless Engtnae lo., i
100 ................. ....... .. . 5 0 100
N. O. Gas Light Co., p v 100 .. 10 104 .,
Odd Follows' Hall. v ... - -
Mugar Hhed Company, p v 1(71 ... so
Mt. Chblrles Hotel, p v 2......... - -
Variotles Theatre Asso, p v It100 . - 20
STATE BONDB.
New Rtate Consolidated Beven Per
Cents . . ................. . 5 s4'.
CITY BO1D05.
Premium ............. . . . .4. r..
Prenitum drawn numbers - -
Consolidated old peor caentes ... 37 39
MISCELLANEOUS 1OND1)5R.
Canal and Claibornn street It. It.
1st mortgage 8 per rcents ...- 81 91
C. C. Hlaughter-House' 1st miort
gasle peor c.nts 9(; -
Jeffer son City Ors L'ght. Co. 4 per
lents ..-....... . ...... -
Louisiana Levee Co -
Bt. Charbl Hotel mortgage 14 per
Cents ............. -
Jackson It. R. 1st mortgauge per
eh ts ... ........ 1100 110( 2,
Jackson It. 1. 2d mortgtage ou
(ons 4 per cents . 589 -
Ja('kson It. It. 2d mortgage' diebt
8 pvr .olts .. . 75
Jac'k.,n t1. 11. Con. gold 7 per
ce.nts 27
MisM. Central It. it. 1st mortgage 7
per cPlntMs. -- -
Miss. Ceontral Ht. H.. d mnortlago
per cent ... .. ... -- -
Miss. Central It. it. Co(. gold 7 per
.outs . .
(1RlTIP1I(ATKS AND WAIItIANTS.
City HIerip, 1874 ..... 31 . :Ia
Ulty Merip, 1875 ... . . ... 43 47
Ility H'erl , 187 . ..... .... ... ll 4 3
allf ald Coupons ....... 14 .,
Legislative Warrants, 1477 ...... 91 2
l'L)Il( (EnRITIFICATEs.
1)"toho r. 1874 ...... :II
Novemal .'. 1474. ..... .......2 :1
I)U (e nl t'ir, 1874- 28 31
NoVe thl)r. 1i74 . .2..... (
D)f l'lani 'r. 1875 .. . * 15
I)ttober, 18741 ..... . . 70 75
Novemnber. 1117( ... . . 43 4
C(:H1OO1 (IERAIFT(ATEH.
),toiber, 14874.... 6; 21
November, 1874 ....... 2. , 291
I)Oember, 1874. 261 2I
Augu~ st 175 .. .. .... . -
M'eptornbtr. 187. .. ..
O)ilober, 1875 . . ...... .. 2 29
Novnmber, 1875. .. .. . ... 2e 29
D)onember, 1875 ..............2 2914
Hnptemnbr, 187(. ............. - -
October, 1R878............. R. as
Novemlber, 1876 ............
Deermber, 147(1 . . . 5
1-With dividend. 2--Ex dividend. 3--With
coupon. 4--Ex coupon.
(COIMMERIIAL.
OFFICE NEW ORLEANS T)EMOORAT,
Fridlay Evening, Oct. 19, 1877. 1
COTTON-The sales to (lay sunmmed up 5700
bales, at atri-cs rIrquirinlg no change in (tour
quotations. We give al o the figures and report
of the Exchange. as below:
AM1RIOAN IITANIDAInD OP OLASHIFICATION.
General Exchange
uotloaLtions, quotations.
fnferior................ 74y(l 8 -
Low Ordinary............ Ri@ -
Ordinary .......... ....... 9! (4 9 -1
Strict Ordinary...... ....l'itO', -
tood Ordinary........... ,Cl@ s.o, t),
Bt let (ood Ordinary.....lo0 @L -
Low Middling ............11'@lto l'. 10'
ttrilt Low Mlidllng.....io,'.401o4nb
Middllna .................o) ,1 1o-i 101
Strict Middling...... ....10.-(4411
.ood Middling...........11 .l t'4 113"
Middling Fair............11-'. 'i -1
Fair...... ................12 'eli -
The market app'ard to be quelt at the open
ing, but th-re6 was, nov, theless, a good inquiry.
and although op.'ratl'ons were reslrlIted by
light offerings held at full prices, the sales
embraced 101) bales, after whlch additional sam
pies having been opened, the movement became
more anmated, anti fjltlher trans',ctions were
reported to the eteent of 4700 bal., making a
totli for the day, as n ite I above, of le00 bales.
During the morning prices ruled in favor of
factors without showing ny quotable improve
ment, but later in the day, while good staple
kinds continued to ru e at outside rates or a
fraction more, the general run of the offerings
barely maintained their pry v ous position.
'The dispatches reported Liverpool quiet and
unchanged, wltrn sales of 10.000 bales. and art
rivals -14d lower; Manchest. r dull and tending
down: Havre firmer. but not tqu tably higher,
and New York quiet at previous rates for spits
and( lower for luturtes, which at noon were
quoted at a decline of 6-1m0@08-lc e in Octobers
to Aprils. sR-itO(9-te0o in Mays. and 10-10.,' in
J.unoa but subsequently rallied and closed at a
no, falling off of only 2-10x044-1000 in Octibers,
2-100@:3-10:c in Novezmbers to Mays, and -locin
Jutnets.
The sales of the past three days sum up 17,000
hares (70oo on Sat urday. 3400 yesterday, and
5700 to-dayl,. making an aggregate for th.e week
of 27.80'0 balfs against 15.210)1 ist week, ln'luduiag
'2i0 additional on Friday. and 10.o10 the week
be tore.
Week's receipts 41.622 balt's embracing 11 sis
from nother dtliv.'ry ports (of which 7607 from
Motbile, and 4231 from Texa-). and 29.784 proper,
agiainst 19.611 proper last wet-k and 37,026 last ye r
'T1ttll proDp r sinc" Ailgurt :31..l' 80st batlls.agtainst
141 467 aest year-d,'reaso 71.573.
The exports comprise 20.125 hbalts embracing
1:2.15 to Liverpool. 747 to Llavre, aud 0213 to New
York
The Exchange telegrams make the receipts at
all the ports from 12 m. yesterdayto 12 m. to-day
23,.32 bales, against 21.302o last w ek, and 23,ýs2
last year and since Friday 131.90.1 bIles, against
109.346 last werek and 15r.235 last year. Total since
4ugtlst 31, 3917 949 bales, against 611,772 up to
Thursday noon, October 1l9 last year-decrease
213,823.
Exports (Friday to Thursday inclusive) to
Great Britain, 211,721 bales, against 24.2.12 last week
and 49.487 last year. anti to the Continent 9879
bales, against 7886i last wrJek and 3:0 13$ last year.
Exports at all ports sitnce Heptember 1. to
Great Britain 80.129 bale), against 128,2.0, last
year; to France 70216 bales, against 41,679 last
year. rind to tUe Continent 16,494 hales, against
sla 97c lst year. Total to Great Britain, France
and the Continent 103,649 bales. against 188,581
last year.
Stocks at all the delivery ports made up to 12
m. 282.5:12 bales, against 2111.032 last week and
426 231 last year.
'The week's receipts atthe chief interior towns
embrace 6,.348.bales, against 28,548.last week and
51,644 last year; the shipments 26.172 bales.
against 22,101 last week and 41,541 last year, and
the stocks 133,555 bales, against 23,663 last week
and 49.497 last year.
Compare l with last year this shows a decrease
of 14.296 bales in the receipts, 15,46;1in the ship
ments, and 15.912 in the stocks.
The Exchange makes the amount on ship
board not cleared ItBfore to-day's exports
of 3:17 b les) 24,823 bales.emracing 17.01; for Liv
erpool, 5804 for Hlavre. 572 for the North Hea 544
for Bremen. 511:l for the Mediterranean and 244
for coastwise ports, leaving in presses agree
ably to its account at 12 m., 43,821 bales, a part
of which was not on sale.
At noon to-day Middling was quoted at Gal
veston at le,.c, at Mobile at 10o., at Sa
vannah at loNe, at Charleston at loNe, at Wil
mington at lo1e, at Norfolk at lo5lteloaec, at
Baltimore at 111( 11 'c, at New York at 11 5-16c, at
Boston 11.e, at Memphis at lo0'e, at Augusta
at -e, at Shreveport at 9t4e, at Philadelphia at
-c, at Cincinnati at (l7at, and at St. Louis
at -e.
The Exchange reports: "Hales 5a100 bales.
Market steady."
The telegrams to the Exchange reported the
Bombay movement as follows:
This Year. Last Year.
Great Ciniti- Great Conti
Britain. nent. Britain. nont.
Shipments since
Oct 11 ...... none 1,000 none none
Previously......3189,000 411,000 517.o00oo 399.o00
Totals..........3.89,o00 412,o00 537.0o0 389.000
1877. 1876. 1875.
Receipts week ending
Oct. 1. ............. 3,000 4,000 4,000
Previously .........1,004.oo00 1,01,000ooo 1,207,000
Total to date....1,07,00ooo 1,017,000 1.211.000
Afloat in Bombay
harbor ............... 4.000 2,000
Compared with last year the above shows a de
crease in the shipments of 148,000 bales to Great
Britain. and an increase of 23,000 to the Conti
nent-net decrease 125,0oo9-and a decrease in
the receipts of 10,000; and compared with the a
year before a decrease in the shipments of
396,000. and in the receipts of 204.000.
OOTTON STATeMltNT.
Stock on hand September 1, 1877....... 21,568
Arrived since last statement.... .300oo
Arrived previously............. 94.,15- 104.615
126,183
tleared to-dansy.................... ,67
Cleaedpeviousl--,1--- 59,1X69,
Staek on band and on ddpbard lot
bYe teve dednad from previous szDpot 424
to proper Osine. a eve ;t g ase bates,
against 137 on last riday apnd 4154 last year.
For comparative totals for the past three days'
extos and re.elpts, see above report.
TOr13AtO-We did not hear of a transaction
to-day. The wek's business has been conflnnd
to81 hhds. The amount on sale is estimated
a 5640ti thd. We oiontlnue to quote as fIotowns
Inferior iugas 5a0, low lugs . s o.medl um
4@4%o, good to fine 4141@5 o, low leaf *to70
medium 599c, good 10i11c, fine [email protected], and
selections 12)J614o.
TOBnAciO STATr.MENT,
Stock on hand September 1, 1577 ....... 1,584
Arrived past three days.... .....
Arrived previously............ 7.0-- 702
9.2850
Exported pant three days..... . . lo
Exported treviously ........ .... · t,51
Broken up for baling, city consum p
tion, etc......... ........ 10- .1a
stock on hand. etc.................. 6.15l
FRIEIOHTS-Yeslerday we reported a ship
laid on for Oenoa at Ic for cottin. In addition
to which one was taken up for Havre also at to.
We quote as follows:
By steam-Cotton to Liverpool s-led; to le
vel %d; to Bremen %d; to Boston. Providenoe,
Fall iver,. lhiladelphia and Baltimore,. via New
York %r to New York Kc; grain to Liver
pool 10'd.
By sall-Cotton to Liverpool --@%sd: to
Havro le, to Bremen Ii1, to OGenoal 1o.
NEW LOUISIANA t'UtAR-No rerlipts sinc:
Monday. when a hhds new clarified rams' in anl
soil at oIr ( th.
We artn inleteld to Messrs. Small & Co. for the
following: The sugar is v ry backward, and.
from all indileutions at. hand it is not likely there
will be any open kettlel sugars of shiping dle
perlptlons bhefor . 1st proximrn. The little clar
ill.d tha has so far reah.h d here wils granus
ted in ciolers, the .tinrle beling too gle en to make
Isugar overn In a vactullmn pan Thef' are re
maning yet about i hda lh open kettle of last
crop, which will lbe consumed by the time new
goons are fairly on the market. We look for
sierll iits of new d-l uroe a molassens l aily.
OLD CROP LO7LtSIANA HUOAR--eceieveil
thir mornll g 45 Ihtlds. The stock under tllo
sheidl Is n tll hhdas, against n 30 hhds last year.
(tood demand for off whites, and the, m t rket in
ir ni otf It. Fair job demain for open kettle at
firnlt pi l'sa. 47 hhllds old -terms not trans
p1 red. We qluote: fair 5t`,; prllme 50e'
strictly prime sLci; yellow clarified 98409c, and
(ff whites Nis "e tih.
NEW LOUtl11ANA MOLA41SES-lnrelved tbhis
mnornlng 21 bhls chol eo. They weor sold It tOe
1 gallon,
NEW LOUISIANA CANE RYRUP-Iteceived
this morning 1.0 bils. (oout demand and all
the reelUts ,isol ait trit ,'52'-' l gallon.
OLD (CIIOP LOUISIANA MOJLAhMiP-The
stock under the sheds is so tibla, against 42 bbls
aneti i half lbis last year.
FLOUr--Only se0 bhils eams in this morning.
A buyer for Cuba namrri forward to-day and took
rs0 til i saon tluls-termni not transpired. Oilier
wise the market is uliet but steady, and un
chainged. Holders arte strung in their views
at full previous prices. Medium grades of ex
rtrtroe scarc-' and sought for. there are very few
Iw graldes on handl. and the stock consists
mostly of choice extra, held under limitations
for better prices. The stil.s in the local trade
are cronflned ,o 1tai bbis, if which 6,o .,nd loonodol
t eble extra at Ii 25:; 100 hole trble at t6 75;
100 fancy at $7 25; 100. uill alnd 100 on private
terms.
Common is quoted at *4 2s: fine $4 75: super
fine "a 2i; double extra S*i s; low treble extra
!6 75.0; good do as 285@1 so; choice do aso500
i 75; choice extra $74@7 12Y; fancy $7 2647 6M
Dealers and rrocers obtain soc above these
prices.
RYE FLOUR-Is selling in first hands at
6L54@ 75 F bbl.
CORN FIOUR--uppllem come iii small lots
ant sell on th' landing at sa 50 1 bbl.
CREAM AND PEARL MEAL-Is quoted at
$I s554a 75 I bbl in lots.
GRITS-Cholce coar-n is in light supply find
fair demaffd sit)$ tuor54, while c. mmon 1i duhll at
1$ 76 . bbl. Dealers are jobbing in store at
$4 2 hhbbl.
HOMINY-Is quoted nominally at 8 25(@D 75
I hbl.
CORN MEAL-The supplls arc small, hut
there is no demand. I-lidtlirs are ssk itg $2 7510
2 sio anid b ,ers only iffor $t 7"i P bbl. Only
21 bbls sold at $2 7o0 i bbl. D ,alers are job.ing
at S3 16 t bbl.
CORN IN BULK-Is quoted nominally at
5118@540 I bushel.
WHEAT-Is quoted at $1 i3eio1 :2 for spring
anid lt 4t4t1 4t for winter.
PORK-Is dull anid meas is qaoted nominally
at $it14 50 bbl. There are buyers at conces
sions for heavy lots. Dealer, are jobbing at
s16 so ' bbl.
DnY HALT MEAT-The market is bare of
shoulders ofn the spot ; th'ey are in request and
spot would coimmind s'n' readily. liur, to ar
rivye next week, prices havi weadened. in con.
sequence of its being late in the sellson for old
cure and fresh lots coming on the market. We
have heard of several i-ar loals sliling for next
week's delivery at itt del'in, omn spot prices, and
io boxrs tsold on the spot at s'," I+ tl. Dealers
are jobling shoulders at 0y t' lt.
BACON--Contin es dull anild pries are still
weaker. Hhonultiirs are Ithll at i'ir, .i'.., clear
rib shies 9'sO,,i0 s',, nl ar sides s.l.:i lb.
Only 5 casks u.houll.+rs solid at 8'd:, aid r and In
ioxes clear sides at i;!5 " I5 . Dealers are jib
ling shoulders at, H'a,; ,'leair rib sides at Oe,
andil cear sides at 10',0 I lb.
HIAMs-Choice sugar-cured are qnoted at
130i14 i.e. as in sY1i anid brand. 1o and ro tireres
Noll at 14:, nn'l 40 at 14ile ft i, the lit or taken
for Cuba. Plain canvasedl and uncalnvnsed are
quoted at, lt15iac lb. D salers are jobbing at
it above these prices. Oew York sugar-cured
hams command 15,5 i B Its.
BREAKFAtT IBACON--is in fair supply and
limniteld demand at. li'iWle',rt 1 lb. A lot, of 10
boxes sold at i;e: 1l. Deallers are jobbing
alt Ic alboveithese, prliels. Nrow Yo:k breakfast
banonl is dull iat 145,'" 'I Ib.
LARlD-Tieroe is selling In the local trade at
9.c for refined, and lo.'c for kettle; kei 1 iM
for refined, andl 11 for ketlle: pail 1llY pi
it. Dealers obtain %. cabovethese prices in their
orrter triadtl. A lot of 215 tlr,rrmn rllned sold at
9.'.o t lb.
PACKERB' IHOG PRODUCTS-.realera are
selling on ordlers in the job trade at as i half
bbl for pig pork, 512 ro '1 bhl for prime mess
pork. 10o for primo pork. an $ ll so for rump
pork. Pickled pigs' feet are stlling a' 52 1 keg.
fiam Psausages arei dull alnd quoted1 at siJ IC..
WHIMKY--LouLslanti reitillledl is 'narie and
is selllling at musc·sia 0:. as In proof. 25 blhis tLou
islan sthll ait sI 1 Ii galln. Western com
manlds i1 1r$1l i 1 gallon, rind 1io bbl choice
Cincinnati sold in lots at si1 I. A lot of so bbis
lourbon i;ii at$2 I ga lon. )oDealers obtain the
usual advane, in their job trade.
CORN IN HACKH-Light supprly otf white, but
ploenty of yellow and yellow mixed. The di,
malnd is modratre; 4o0 slacks sold, of which 150
yellow at e2c, arndltfS) choice white at . f'
OATH-Good supply with a moderate demand.
1200 sacks sold, of which 7ct choice at asc. and
too do at S3i e buushel, and 350 for Ouba on pri
vates terms.
BRAN-Is scarce and none in first hands.
Thire is a good demand for Cuba. and 1,Or sacks
sold for that market. comprising 100,. I 1O, oo
and 350 at $1 , I00 it ; t100 old, in wareonose, at
Spc too 10 t.
HAY-Fair supply though selling slowly.
Prime is quoted at $15l 16; 150 bales sold, of
which 90 choice at $17, and r0 do at $17 o50 V ton.
COFFEE-More demand to-day than for sev
eral days past. 30.0 bags, ex Anna Walsh, sold
in lots on private terms. We quote cargoes:
Ordinary 17(017%e (solds, fair lsc., good 19%e.
prime 20'4Y20%c l b. Job lots: Ordinary 174I%
17'ýc (gold). fair 19%@19®c0, good eo@20ac,
prime 20o.bý20~,. t lb.
B I, TTEII-Light supply of choice Goshen and
Western, while medium and inferior qualities;
are plentiful and dull. We quote: Choice Goshan
creamery :3o--e; choice (Soshen 28e; fair
Goshen 24020.e: medium ti@20c; choice Western
creamery :30; choice Western dairy 221'r23c:
good Western dairy list2ioc; inferior and me
dium qualities 12(asic Ib.
CHEI.HE--vel'eipts are large and the demand
1ood at easier prices for buyers. Choice West
srn factory sells at 135r'13. ; gso l Wcstrn 1r2b
i2~as,; New York cream [email protected] ; English dairy
16c L? lb.
RECEIPTS OF PRODUCE-Arrived since our
review of yasterday: :og% bbls flour. 20 bbis
pork. 59 bbls whisky, 11e tierces hams, 16
'asks h eon, a1t boxes bacon. 575 bales hay, 45
hhds sugar, 439 hbls apples, lot kegs butter,
105 boxe's che('se., I.o 000 It. meat. 51 bbls onions.
t2e bhls potatoes end 791 bbls rice.
EXPORTS OF PRODUCE-Exports since our
review of yesterday: 130 bbls flour. :. casks ba
con, 10 tierces lard, 1ei bbls whisky, 49 bbls
corn meal, 534 sacks corn 20,si52 bushels corn in
ulk. 241 sacks oats, 15 sacks bran,35 hhds sugar,
I9 bhis sugar. 27 bbls molasses, 105 bbls rice.
2i0 sacks coffee. 35 bbls apples. 30 kegs butter.
i19 sacks salt., 14 bbls onions and 32 bbls potatoes.
RICE-The market is firm with a good de
nand, and the better grades are scarce. Large
sales during the week for shipment to the West
tnd Northern cities. We quote Louis'ana clean
0o.2 at 3% :sY%c; common 4.t5c; ordinary 5a'
t55:c; fair 5%@5%c; good 6Ce:,c; prime &ta5
ieC; choice 7O tl b.
Get your kid gloves at Kreeger's.
Bead Navra's inyitation to the China Palace.
New shapes and styles in china at Offner's
17y, l17 Canal streets opposite Varieties
A. ROCHEBREAU CO.,
00CMMIBBSSION MERbCHANTS.
O0LE AGENITS FOR THE SALE OF
R.G 3& COMPANT
CHAMPAGE I.
IMIPORTERS or
BRANDIES, WINES, VERIOUTHS, OIL', ETC.,
S Seuth WUlltam St., New York. 1I and Il St. Lallr treet, WNe
aul9 um
PHILIP WERLEIN,
NEW MUSIC AND PIANO STORE,
NO. 135 CANAL STREET, TOURO BUILDING,
TEE RENDEZVOUS OF THE MUSIOAL WOZ
The Headquarters of the Piano and Musei Trade of New Orleuss
the boath.
The honse "Werlin " is rnnownrd for Its LOW PRICES AND AOCOMODATING
for the SUPEItIOIL QUALITY of its lnstrumoets. At his Mammoth Wareroomsna c~
an assortment of
200 PIANOS AND ORGANS,
CONSISTING OF THOSE UNEQUALED AND PER.P FEOT
CHICMEKNIN
Upright. Square and G..ad
The elegant Uprldha
AURBDAN Placa,
The standard M1'0T
= _ - and WOW SNOLAPt
Also fifty second hand Pianos and Organs at prices to suialt ovoryone. Everyr
instrument sold is fully warranted.
DIRECT IMPORTATION OF
MUSICAL INSTRUMENTS, Strings etc., LECOMTE'S and other BRASS
INSTRUMENTS. sold at Wholesale and Retail, at prioc~ to defy all comr
petition.
SHEET MV3IO--THE LARBQET STOCK IN THE SOUTH.
PIANOB REPAiRED, 'NED, HAULED OR STORED AT REABONABLE
PRICES. OLD PIANOS TAKEN IN EXCHANGE.
GRIUNEWALD HlALT
THE LARGEST MUSIC HOUSE IN THE SO
GENERAL AGiNCY OF THE
LEADING PIANOS OF THE WORLD,
STEINWAY & SONS, W. KNABE & CO., PLEYEL, WOLF? &
(PARIS,)
And the Finest Parlor and Church Organs,
Reduced Prices. Aeoommodstita T
DIRECT IMPORTATION OF
Musical Instruments for Bands, Strings, Accordeons, ausie
At Wholesale and Retail. Speelal Priees to Cellatry Mera, :~
Sheet Musio Below Publishers' Prices,
And at corresponding low flgures to Professors. Schools, the Clergy and Country
TRIAL ORDERS SOLICITED. ESTIMATES FURNISHED AND CATALO.UMU R .
ANY ADDRESS.
LOUIS GRUBEWALD,
ael Ornanewarld a14, 14, 16, l,, and t laarea ae street. W New
REMOVA.L. RE OIXVAL.
LTO OUR NUMEROUS CUSTOMEBS, FBIENDS AND THE PUBLIC
-0-
Having leased for a term of years the large and beautiful store in '
MORESQUE BUILDING,
forming the corner of Camp and Poydras streets, we will take posesiom aI
same during the
MONTH OF SEPTEMBER,
-with one of the---
LARGEST AND BEST SELECTED ST
-OF
EVER OFFERED TO THIS COMMUNITY. CONSISTING OF0
PARLOR, BEDROOM, DINING-ROOM, LIBRARY. HALL AID OFFICE
FURNITURE
OF EVERY STYLE, DESIGN AND QUALITY.
FINE FRENCH PLATE MIRRORS. y
AND A LARGE ASSBORTMENT OF
COMMON FURNITURE,
OF EVEBY GRADE AND PRICE,
-0--
In the meantime we will BEDUCE OUR PRICES on our stock in Armory Hall to obyie
expense of moving. Parties wishing to take advantage of this reduction should eeg
we move.
Thanking the Public for their generous patronage during many years past, we hope by
attention to business and upright dealings, to merit a continuance of the same 1i ea
quarters.
a. M. & B. J. MONTOOMERY.
N. B.-We will RETAIN ARMORY HALL for ear AUCTION MART.
mha tf
FURNITURE! FURNITURE!
ALL KINDS OF NEW FURNITURE,
SUCH As
BEDROOM SETS, PARLOR SETS,
PATENT LOUNGES AND CHAIRS, ETC.
For sale at the lowet prices by
JOHN BOIS,
ls..............ie p tas .. ................
ITBUITUKB T1AESI ON STO~BaE,
LUMBERI CABINS LU E
The undersigned ate still offeringtbeir
in trade at lowest rates. The Drises d
celebrated
CuRe ELAMrjm C*S al; -'·
havebeen so redeed to be wi
al. Bsd for desla,.
§yjjijj

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