The New Orleans daily Democrat. [volume], October 26, 1877, Page 3, Image 3

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

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(ommueretal and Pdinaeua l Matter.
The appraisats at the Otatom.houss in New
tfOl are so low that San Fran.lepo merchants
Sad it worth their while to import their goods
through that port.
The bonded indebtedness of Cincinnati at this
mle isa $a 898,881. The larger part is for aid in
building the Cinclnnati aJd Southern Railway,
Whleh is yet far from completion.
We are glad to see that the prospect is good
tht Congress will order, either at this or the
reg lar eselion of Oongress, the re-opening of
the New Orleans Mint. We would like to see
something of life and activity about the old build.
tag again.
In 1876 the exports of books from England
meounted to about $4,400,000. Of there the
United States received books to the value of
N56,000, while Canada and other North American
toln es received only to the value of 1840,000.
he Tolted States sent to England in 1876 books
to the value of 100,000.
The oitzsens of Shreveport, and between that
4it and Monroe, are taking a.ticn towards the
building of a railroad between those two points.
The road is to be called the ,led River and MIs.
elsidppi Railroad. A large amount has been sub
eritbed and committees appointed to solicit
Mlore subscriptions in the parishes through
which the road will run,
The question of the rate of Interest that can be
afioded le again being agitated. It is claimed
that the real value of money which is loaned is
to be estimated by the rate of the country's
th in wealth. This is 38/ per cent, no more,
n f this be taken as a proper criterion, surely
Sy system of laws advocating so high a rate as 8
br 10 per cent must result disastrously to those
employlng it.
It appears that the discrimination' against
panish vessels in the levying of the tonnage tax
1due to the neglect of the dpanish Minister in
Waehington, in not calling on the Treasury De.
Ipartment and notifying it that Spain makes no
dBorimination against vessels of the United
taltes entering Spanish ports. The wrath
ireuaed in Madrid-and the Castilians seem to
be as easily excited as a bull in the arena-will
now subside.
The silver commissioners have sifted out a
ale state of thn once for us They say this
mouutry owes to Europe the round mum of 2, 000,
jO,000, the interest on which is $100 0,000.
infg slx years ending with 1876, the average
#lOoer produot of the United States was $26,000,
000, a total of $t0L,000,000, being a good deal less
than enough produced in six years to pay the in
terest for two years. There is pretty nearly
uaough gold and silver in the world, including
.. t plae and bars, to pay half the national
b ut, if we had it all, where would we get
the other half ?
Though business, in most branches, continues
dull and sluggish, yet there is a strong hope and
expectation entertained by our merchants of anso
.urly and decided improvement. Money is gi t
aI easier. There is a good promise of an early
rtse in Red river and other tributaries, which will
serve to pour in upon us great quantities of the
eoy staple and make things lively in this re
Aioounts from the country in regard to the
sugar crop do not present a very encouraging
prospect. That we will have a good crop is the
general opinion of planters, but, of course, this
result is contingent upon the state a f the weather
ort the next few weeks. Give us cold and clear
weather, without frost or freeze, and our sugar
eatalrs will be as happy as so many big suno
eowers. As it s now, the cane, though thrifty
abd flourishing in appearance, does not yield the
requisite saccharine matter, and is not as much
matured as it should be at this season. Bolling
generally is fully two weeks behindhand. as eom
pared with past years. An early fretze Is now
the bugbear of our ,ianters.
A New Telegraph Collmpany.
The lwlicotor rtvives the story that an opposi
tlon telegraph line to the Western Union is about
to be on6structed by a combination of Boston
dapitalists, stockholders of a Union Pacific, and
some prominent railroad men.
Ntenlaiae of Needl Cotton.
Great complaint is made in Mislsissippi of the
stoalaeof seedcotton. An exchange states that
the seed ootton robbers drive half a dozen wagons
Ito the fields and go off with them filled with
poils. Laws were passed to prevent this rascal.
Lty, but they proved dead letters. Finally the
planters took the matter in hand and organized
to put a stop to it. We are informed tnat a reg
ular watch is kept on all the seed cotton asores,
and several persons engaged in this illicit.
trade have been arrested and convicted. These
convictions have produced terror among the
cotton thieves, and meny of them, it Is said,
have given up the business as dangerous. A vigil
ant patrol Is, nevertheless, still kept up, and the
watchfulness of the planters is so great, that it is
believed that, as far as Adams county is con
earned, this illegal seed cotton traffic is effeotu.
Slly broken up. The Adams county movement
has been so successful that several oth -r Missis
alppl counties propose to imitate it, and are now
Organising protective associations for patrol duty
and for the prosecution and conviction of the cot
ton thieves.
This nefarious business seems to have been en
cooraged by country stores which offer induce
meats to ootton rogues. A c ,utry store is, no
doubt, a great convenience in Nome localities,
but it can be converted into a tremendous nuis
ance. We have not hoard of much seed cotton
stealing in Georgia, and trust that it will attain
no formidable proportions in this Slate.-Augus
ta Ohronicle, 24th inst.
illver and the I'Pullle Debt.
The report of the Silver Commission makes a
'olume of over 200 pages. The following is what
the report says at) ut the payment of the public
debt in gold or silver, and the amount of produo.
tion of precious metalse:
The world has expe ded a vast amount of labor
in the production of the precious metals, and has
made great sacrifices in upholdinmg the automatic
metallic system of money, and has the right to
insist it shall be consistently lot alone to work
out its own ooncousions, or that it be abandoned.
The lpgal right of the United States to pay its
bonds in gold or silver, at its option, is so clear
that no serious dental of it Is made. The claim
that they should be paid only in gold is
placed on vague and shadowy grounds.
here is no dispute about the facts
of the case or the law. A contract has
been entered into between the government and
its creditors, involving contingencies which may
favor either party, and both parties must abide
She Issue, whatever it may be. It would be be
heath the dignity of the government to demand
any advantages which the law and the contract
made under it do not confer. It would be a
violation of justice, and a betrayal of the great
interests confided to its charge to accept any
thing less. The government is an agent and not
a principal. It is the trustee of the nation, and
must find the charter and guide for the adminia
tration of the affairs %intrusted to it in the
Saw and not in sentimental emotions.
The attempt to frighten the government from
exeroistmg its undoubted right to pay its bonds
in the cheaper metal by proclaiming that if it
does so its honor will be tarnished and its credit
impaired at home and abroad, is unworthy of
conlderation. The punctual fulfilment to the
letter of all obligations is the surest and best
support of the credit of any country. Its honor
can rest permanently in peace and war only on
the patriotism of its people, which is sure to be
weakened if their substance is to be taxed to pay
premiums for the applause of its creditors. The
United States is the only nation that has never
made a default in its promises. It has never
failed to meet punctually and fully all its obliga
tions.
We are largely the debtors of Europe, a relation
-we do not occupy toward any other quarter of the
globe. The aggregate of our indebtedness,
public and corporate, held there, is estimated to
exceed $2,000,u00,000, and is, on any computa.
tlon, an immense sum. If it is taken at $2,000,.
00,0000, the annual interest must be fully $100,.
4)00000. This is the minimum of the current
eaimates. It is not a tribute in the odious sense
of a contribution exacted by a sovereign, or im
posed by a conqueror. But in its present finan
ial effects it aoes not differ from either, and
there has never been any parallel to it in history,
either ancient or modern. So far as it is true, as
it doubtless is to some extent, that our indebted
ner to Europe is paid from the sale of commodi
Sties elsewhere, the United States, as a debtor
Country, is interested against such a diminution
the world's measure of values as would result
demonetizing silver, and ought to throw
weight of its example and influence against it.
investigation shows that * * * the
of the United States during the
yez was 15.000~ , i .ki an an
afte,0 Wbea: t f -the ý M
-, ~na UiW #IRr 54k
thee -lle bri guoemly and lga tie gge
raLed the produUeoa of adlte tmtss l ou 1t
le one of the common estimates that la 1 , the
date of the Oalfbrnl discoveries the bullion
value of the world's stook Of plate coin
and bare was $2,800,000,000 in goi and
$4,000,000,000 in sliver; but of coin ad bare
alone 11,100,000,000 in gold and 19,200,000,000
In silver. * * In the twenty-eght years
eudiug with 1878 the aggrelate pto.oltion of
gold and sllver was $4,,000,0000, whoh was an
addition of slty-sev etn per cent. to the stock In
1818 of coin, brse and plate, and of 185 per cent.
to the stock of coon sad bare. But in the same
twenty-eight ears the prodltilon of gold alone
was (9,915,00,000. Tblh was in addltlon to the
gold stock In 1818 in coin, bars and plate of 115
per cent., and to the stook la coin and bars of
208 per cent. Estlmates of the amount of the
world's stock of the precious metals In 1848, or
in any year, vary considerably, but on an esti
mate the two facts ar Illustrated that annual
supplies affeOt stocks of the precious metals
slowly, and that the stock of either one of the
metals Ise more exposed to eooentric enlargement
than is the aggregate stook of the two,
-- -..,o dlI---------
FINANCIAL AND COMMERCIAL.
MOW TA*T.
OFFICE NEW ORLEAN8 DEMOORAT,
Thursday Evening, Oct. 25, 1877.
NEW orLEANS OLEAING HOUSl.
Clearings. Balances.
October 20 ..........1. .2na .43, 901 5141.782 30
October22 .................. 1,282.10 02 122.767 r5
October 23 ....... ..... 1.071.038 54 103.8152 18
October 24 ......... -. 1,!50,855 45 153,444 11
October s2. ............. 1.320,101 82 109,040 04
Thus far this week ....$7.094,290 9 I004,930 21
Name tlme last, week.. 0.807.774 09 825 (1. 30
Total last week ........ 7,095,79 99 973.884 14
Total week before..... 7.471.150 13 920,277 46
The Moneo market continued active, but was
not quite as strong to-day. Commercial Daeer
Was unchll ngeed.
loll -was without quotahble variation, but
Foreign Exe.lutnge was stronlger. The movement
Iln hoth We's m;nloereatte.
Now York sight ruled at previous rates.
Stoks were without any now feature.
tatel (Consols and Promtum Bonds continued
Irregular, but the fluctuations were not as wide,
as yesterlday. The fornmer touched 87 andt closedl
at H5Taml01, against 8788t7". yesterday, and thee
latter ruled ais htgh as 37?4 and closed at .0%@
30'. HLgaiunst 3ai ?,37.'.
CIty erip was htgher for 1874 and 1870 Lssues,
the former closing at --a34 and the latter at -
@3:1, while 1871 issues wore still nuoted at --(147.
Half Pald CIty Coupons and State Warrants
were) l we'r, the former closing at a4@35 and the
latter at s)t54 - t.
The P'resident of the Crescent City Open
Htoek Board appointed the following perma
nent committoos to-day:
On Arbitration -MeOsl's. J. F. Quinlan, C. A.
Harris, Carneal Burke. Constant Andrlo and P.
F. Herwlg.
On Bonds-Messrs. E. P. Boynr. C. O. Ketch
umrn. . Jirtto. Waltser E. Heopp and A. I'. tnHouse.
On Qeuitatl.lon-Messrs. M. Abrat.5e, Leuis
Morel, J. H. Levy, Alex, Boullto and Jothn
Rhodes.
On Finnnce--Messrs. E. H. Chadwick, L. 8.
D,tsdlore and L. F. Barret.
We continue to quote exceptional commercial
paper -l 59 onnt per annum discount: Al do
nominal; second grade do nominal; loans on
collaterals 10 12: Al mortgages 10o-. and sec
ond grade do nominal.
Gold opened at t1e2K55o, against 12o4 at New
York. and closed at the opening rates in both
markets. The sales summed up 21tslt0, em
Ibracing $xtoooat 10o2'. $4.451 at 102', 18000 at l(r10
(')10't alend $2000 and 5400t ait 103.
The sales of sterling comTprie.rl £24,000. anm
bracing £1500 At clear at 4ass,. £20(x1 and £400te
bill of lading and £tm1 At lciar at 489, £4500 bill
of lading at, 488@48591 and £80gte do and At clear
at 4' Ilrd489.,.
In frnmes we noticed sales of 100,070 and 1001,
00t0 comnmerctal at -.
At thel clouoe sterl'l ng bille worn, quoted at 4s (%
rr89M' I for bill of lading andl Al clear, and -5
493 for bank (bank crounter rate at--i)493'x).
andl francs at 5.146(0L5.1t:t for commercial.
The only sales of New York stight reported
were $10,00o and $25 t0txt commercial at 'R `F c.ot
discount. We also notiterd sales of $510o com
mucretal on Providence and $15,000 on Fall IRiver
at 7, 1 c'ent dciceUelnt
The banks continued to chol k on Now York at
( ' cent discount. tind commercial sight was
still quoted at N 05-1i.
NEW OBLEANS STOK EXOHRANGE SALES.
BEFORE FIRST CALL.
$6.00t State Consols.................... 06.3
10,000 do ....................... 87
BETWEEN FIRST AND SECOND CALLS.
,ooe00 SHtll CO nsols ..................... )a
(t,(e0 Premnlum m lBonds .................. 37
Lto.mt do 4 ................... 37
347 ro Per Diem Warrants ............
SECOND CALL-12:I15 t . M.
1.000 State Co( use.ls ..................... 574i
4r.,n o Ht d ) . .............. . . Ni
41.48x) d(, . ..................... 8)1
li.otn et ndee
1,1). ) Premium Bonds ................... ',1
1.00o do do ................. 3 :;7
1:3.000 do do ......... :17
5,(") d do (i) . ;l3) ........... :.. 174
200'Per Diem Warrants .............. 90
BETWEEN SECOND AND THIIRD CALLS.
n.000 IState Consols ...................... R54
15.0(48 dOle ...... ............... H57'
5,00x Premium Bonds .... .... ........ 17t
TItiit) ('ALL AT 2 P. M.
610,000 State C e11813 ..................... 6
5,0o ) . do .............. 1467
25 1, l0 (Id o ..................... . . 7
10,ith0 do .......... .... ...... . 7'4
AFTER HIIIItD CALL.
50 shares Citiz ns' Beank...... ......$o on
4.0(8, St et, Cnesols ..... .... .... ... . , ',
20,t00 do do (i. Nov.) .......... 87
CRESCENT CITY OPEN RTOCK BOARD HALES.
IBETWEEN FIRST AND HECOND CALLS.
$25.000 Premium Bln ds ................. 37
10I1.0) do do .................... 37
1.,!t) do do -.. ................. 3
BETWEEN SECOND AND) TIRIL) CALLS.
7,.010) P'remiumln Bonlds ................... l;
12.5100 do do .................
10,00 do doe
5.sIX) do do .................... .i
1.40te (h dol. .................. :5l'
1,0<) C Vty elri In 14. ... ...... . :
4 shares N. O. Ins. Asoeilntin ........ 38 0
tBy Telrera.lhl.1
NEW YORK, O(t.; 5-Wall street.-Money closed
at 5 lP ent. Exff tige elofosed Iir m at 81 f'Leis;.
Gold closed at 1021;. (tovernmnots closed dlull:
ourr'n('y sixes 120(' e0121',. Paeille liailroad,
bonds closed as follows: Union firsts lo05,,,
10..'; do land grants lu2a4Oi:t'., ; do sinking
funlllls l)4(94r4 ; Centrals lo6(i*tobO;,. The stock
market was strong in the late afternoon deal
ings, and at the close the highuest prices of the
day were generally current; tbe ato vanello from
the lowest point ranged from ', to .i per cent.
The following are the closing bids:
New York Central .........................107'a
Harlem..............................142
E rie ............................................ :
Lake Shore................................ 70
Wabah............ ................. . 1,
Northwestern .........................14-',,. 14%
Northwestern, preferred................. f;
Rock Island ..............................102`,,
Fort Wayne ................... ............. .'5t
St. Paul .................................... k ',
St. Paul. preferred .......................... ;n
Pittsburg.............. .................... 79
New Jersey Central ........ ............. 10%
Delaware and Hudson Canal .............. 4;',
Illinois Central............................... 77 I.,
Union Pacific ............................... 67
C. C. and I.C. .. ........................ 4
St. Joseph .................................... 11 ,
St. Joseph. preferred - ................. .. p2;
Ohio ant M ississippi ......................... 9,~
Western Union ......... .......
Atlantif' and Pacific Telegraph............. 19
Pacifle Mail......................... 24
Quicksilver .......... ........... .. 17
uicksllver, preferred ...................... 40'1
Adams Express ...............
Wells. Fargo & Co. Express ................ 84',
American Express..................... ..... 54'
United States Express................... 4:
In State bonds, Missouri long sixes sold at
11%;s(107; Louisiana consols, s64: Tennessee,
42!,@424; North Carolina old, 16e,16..s.
COMMERCIAL.
OFFICE NEW ORLEANS DEMOCRAT.
Thursday Evening. Oct. 25. 1877.
COTTON-The sales to-day (not including 200
bales additional yesterday) embraced 5100 bales
at prices requiring no change in our quota
tions. We give also the figures and report of
the Exchange. as below:
AMERICAN STANIDABD OF CLAbsIFICATION.
General Exchange
quotation.s, quotations.
inferior....... .... 7@ 8 -
Low Ordinary......... 8k@ 9 -
Ordinary ..........".. 9 @ 9s -V
Strict Ordinary...... ... 9-@94
Good Ordinary ........ 9@10o 10
Strict Good Ordinary ....1 io@lo -
Low Middling ............ %@1
Strict Low Middling ..... OY1o3 -
Middling.............. 10i11 10%
Strict Middling..........11 @11 -
Good Middling...........n 11@11% 1I
Middling Fair.....11%u%1
air ........ .....-..... 1*2
The movement was interrupted by dark and
ran bat there was, oerh
embrace s0o bales after whioh, the rain some
what holding up, the movement became more
aalmater and additional transactions were re
cOtted to the extent of 4t00 bales, making a to
al for the l day, as notd above, of 5o10 hales.
which ts a larger bnsbines than could have
been expected under the circumstances. At the
opeltng the rain pollturil down in sutih t ,rrents
is t, ,.oonpletly suspenI out-door operations.
I'ritle showed increased strength In all kinds
at all deslrable, without establishing a quotable
Imlprovement.
The dispatiches reporteil Liverpool harden
ing but not quitably higher. with ealof s.18,000o
hales, ind arrivals partally 1-l(;d higher; Havre
irrPgular, with no change in lquttatlons, anti
New York steady at previous rates for spots
and stronger for futures, which at noon showed
an improvement of 2-io004.-100., and closed
at a not advance of 2-l(1@19 1loo, int Octobers,
6-lore in Novemlers, 7 las In Decembers. o-loo.
in Januarys and February, and 7-10i8s.10o in
the later months.
The Exchange makes the amount on ship
board not cleared 41.12 balnes, embracing 20o,rsO
for Liverpool. 12,409 for Havre 4014 for the North
Hea, 232H for Bremen. 1(;6 for the Mediterranean,
252 for Meslie and 7:15 for coatstwise ports, leav
ing in tresses agreoably to its account at 12 in.,
41t,015) bales, a ,conshlerable part of which is not
on sale.
At noon to-day Middling was quotqd at Gal
veston at 10l4e, at Mobile ai lo#0, at Bavannah
at I Il-in;c, at Charleston at 10c, at Wllgln
ton at 10 9-1c_ at Norfolk at 0lc4, at Baltimore
at tin, at New York at 11 5-lro. at Boston at 11 e,
at Memphis at l,'nc, at Augusta at ta;e, atPhil
adelphia at 1t'c, at CInclnnatl at 10o'; and at
Ht. LintIs at 10~e
The Exchange reports: "Hales 4900 bales.
Market strong."
OOTTON STATEMENT.
Stock on hind September 1, 1877....... 21,5
Arrived sln.e last statement.... - .71;.1
Arrived previously .............. 142,40- 14!5,r5s:
171,191
Cloared to-day ................... none
CI, ared previously ........ .. $0,0o75- so,37,
Stocrk on hand and on shipboard not
cleared .... ............. .. .. 1.o7
Stock siern time last year ............... 124.s8
nceIpts proli'pr since last evenning 5455 bles,
agii.nlnt. 4115 tailes on lost Thursday, and c(HI1
last year, mineking anl aggregate since Frilay
evening of 34,103 bales, agatrinst 20.214 last wock
andI 38,.:i,7 last year. Tital sine( August it
IOt 877 bales, against 171.8H24 last year--deore(ase
74,1147
The Exe go telegrams make the receipts at
all the po1 rom 12 m. yslterday to 12 m. to-day
22,I0 hbales, against 21.359 last week, and 2's,51r
last year, and slnte Friday 128.207 I)ale. against
11:,272 1hst week, and 144.:114 last year. Total since
August at, 5260.156 bales, against 751,.111 up to
Wednesday noon, October 25, last year-dto
Orease 221,1)55.
Exports (Friday to Wednesday inclusive) to
Orelat Brltain, 443449 bales ngainst '24146; last week
and 24.755 last yeiar. antl to the (intinnaot 8715
hiles. against 11:179 last week and 2it.780 last year.
Stocks at all the delivery ports made up to 12
m. 842.(;70 bales, against 274,3914 last week and
l50o 200 last near.
TtOBACOCCO-We id not. hear of a transaction
to-day. The anmoulnt on sale is ustlimated
ati 54i1 hlhds. We rep.t t our revised uquolttlolns
as follows:
Interior lugs 8a'a1, low legsa @A5!Ko. medium
4@41%c, good to fine 4'46.5'~c, low leaf 5kil~Oeto
medium 7c80, good 1901Kc. fine 1®1ollo', and
selections 12.i12t c.
Itecelved since last evening 4 hihdt: exported
yesterday I9 hh is by rail (not )., and So to, N-w
York ; stolk on halnd by our running statement
110711 i hIls.
FIIEIlIITS-We have no new feature to
noticei in the imarket, and continue to quote its
follows:
By steam--Cotton to Liverpool n-16c@-d : to Re
vel lid; to Bremten .'it; to Boston, Providence.
Fall tiver. I'hliladelphia and Baltimore. via Now
York cju' to New Yorik .c; grain to Liver
pool 10;d.f
By sail-Cotton to Liveorool l5-32,(iid; to
Havre tt-loFe' i :to ii, renmen 1c: to (tGena ic.
NEW LOUISIANA iUGlAlt-Ri'civeid thil
morning 1 I hhds not discharged on ru.collnt of
rallly weather. 'l'h last sales were at tt.,c for
y'peow clarifted.
OLD CRiOP LOUISIANA SUGAR- Rretlvtd
this mlorning 55 hihds. lliny weatllher prevent
ed the ulschnarging of the recniptsh, hence no
sales. We quoto fair to go. fatir nt s'.r futlly fair
8.e(', rim" n-o ., and yellow elariftI l .t14,. lb.
NEW LOUISIAN A CANE SYIRUPI-lteelved
'this morning 48 bllis. Supplies Hell at 3:r5@5ýac i
gallon,
NEW LOUISIANA MOLAHSE-Receioved this
morning 150 bhbls. Active dertmand. All the re
ceipts sold at 40t for common, 484(54c for fair to
primle tand tb7s for good prime.
FLOUR-Only 810 bbls came in this morning.
The market is qutet tut firm and unchangeiL,
with a small stock and a good Inquiry espe
cially for double to good treble extra, which is
scarce. Owing to rainy weather thl sales to
day were coonfined to 7t2 ill, s, of which 32 good
tr-ble extra at so r0: 0 ttdo at s$ ot: 10) cholue
extra at. 17; 100 fancy a' S7 125; 5 at $750: 100t and
1s bble ont privrtn teorms.
Common is quoted at 4 25; fline s4 75; super
finr, $ 21; double extra $5 so; low treble extra
$5 7506;; good do $6 2t-i s5o; choice do $ 501.1
6 75: choice extra *$7(7 129,; fancy $7 25@7 50
9 hbl.
Dealers and grocers obtain S0c above these
prices.
2tYE FLOUR-Is selling in first hands at
$4 t5(954 75 ', bbl.
CORN FLOUR--Supplles come in small lots
and sell on th+ lahnding at $3 so 'P bbl.
GRIITS-Cholce 'oar-u, I In light supply and
fair dtnmand at $3 90*ot4, while common 1s dull at
$3 75 4" bbl. Dealers ar jobblinug in store at
$t 25 3 bIl.
HOMINY-Is quoted nominally at $3 25@3 75
VP 1i1)l.
CREAM AND PEARL MEAI-Hells In small
lits on the landing atll. 25(I-: 5o i bbl. Job
hing ill str, ait $.1 75 " tbl.
Ci ltN MEAL-None ciiming in and the stock
on hand us small. but the matrket is v'r y dull.
Onil 118) lbitIs Ohio river sold at $2 i0; 25 Ht. Louis
at $2 65, illd 25 (tlhio river at i2 70i. Dealors are
joh1bi rig lit. $2 15 hbl.
(' IN N IcBULK--None on the spot on the
imaurkt, and that, nn the way thero is sold. shup
pliles would olrnmnrtnld 55imSo (;^c bushI.
WHiIAT-Is in rqit., and kiilllols im
malid $10b a1 41)o busltel, the latter foir Ton
nea(l-u'.
I'OtK--Is fully so5 " Ith stronger uinder small
stoiks ellre andl small stocks tand higheir pries
Itt tho Wi-st. MHs is Isow h i,'l tit t14 75, nill an
olT(!r of t$14 5i was relused for 25ti Ihls ',n the
lhnoding. o25 bhts sold. ut whIch 15o bls ttt $14 25;
25,. so. Si11 i i ar it $14 nl p bIbl. oDeatlers are Job
tingt at $15 0(4ti 75 P hbl.
I)lY ,ALT MI EAIT--'J'Thmarket is totallp bare
oif shillldit rs in flrt ittandsl. tildl thlty would
'irommind on arrival '.r ' li,. 'Tho dttalsls w art
jobbingI thet few they htavi, alt 8s'' P .t. Thure
were slwils from first halnds to-dlayof 4o boxes
shoult,,'rs ,.oimprisiing 20 at tllte di'l) ,t at. ;. 0to
ut s,' .nI 1, at ' 'r' I. IDry salt ork striHs
are lito'ted nlomlnallyv at 7 '"e i It,.
BACON-Is in light supltiy andi actilve de
manll., tittl -'" stronger utUlledtr the infllllntete of
W~i-tierti aldhlvu's. Yiestlrday t0 boxes sho)illllers
sold at 7 '.c i It,. But to-day the stock is held
filrnly lat ioHe for shoulders, 9%e for clear rib
sides anIl il l for telear shIes, andi some stlll hith
or in tliuir views. 80 paickages sold. comprising
5 boxes shouldlers at : 1; casks do at 774; a
e'asks clear rib at 9',';; 10 boxes do tt .%ce; lo
casks 'lul.r sids at .!.,, Iind 40t) boxes long clear
on private terms. BIcon pork stri ps art (iuot.tl
nomintlly at sx " Ith; 25 andl 25 boxes pork
strip)s sold on private terms. DOealers are jibt
ling shotleders it x'; '' :lear rib slds at 0Ke:
clear sidts at lil*( lo'(ie " lbt. At lhi, clos, of
fers of i.c were refused for round lots of clear
sides.
HAiMS-Choice sugar-cured are quoted at 13
t414,ce, as in size and brhand. Plain canvawed
and uncanvased are quoted at lleeu12c c lb.
Dealers are jobbing ttt, le above these prices.
Now York sugar-cured hams command 15!ce
P lb.
BREAKFAST BACON-Is in fair supply and
limited demand at 0lole.e c tb. Dealers are
jbbing at i atbove these prices. New Yo-k
breakfasa bacon is dull at 14 'e 1. lb.
PACKERS' HOG PRODUCTS--Dealers are
selling on orders in the job trade at $8 S half
bbl for pig pork, $12 50 i 1:3 P bbl for prime mess
pork, $10 for prime pork. and $11 50 for rump
ork. Pi,'kled pigs' feet are selling at $1 so0 keg.
Ham sausages are dull and quoted at 8:c ? lb.
Family pork is jobbing at $13 50 1 bbl.
LARD-Is selling nt the local trade at 0i @
9'Sc for refined, and loe for kettle; keg 94!`6
loe for refined, and loiec for kettle; pail lie "
lb. Dealers obtain Ye above these prices in their
order trade.
WHISKY-Louisiana rectified is quoted at
$1 03@rT 05; Webtern $1 e06o1 11 gallon, as in
proof and brand, and .o bbls choice Cincinnati
sold at l$ 11 P gallon. Dealers obtain the usual
advance in their job trade.
OORN IN SACKS-The market is bare of
white, but yellow and yellow mixed is in good
supply and fair demand. Business on the land
ing was suspended this morning owing to rainy
weather. No sales to-day. Yesterday white, in
warehouse. brought 633 and on the landing 65c;
yellow sold on the landing at foe ? bushel. To
day 200 sacks yellow sold at 60e F bushel.
OATS-Good suoply and sales were checked
by rainy weather. Yesterday St. Louis sold at
37(43s Galena at 39e ? bush'l.
BRAN-Light supply. Rainy weather inter
rui ted transactions on the landing, Yesterday
there were sales at $1 1e00 lb.
HAY-Good supply of prime, but choice is
scarce. There is a fair demand for choice but
prime is neglected. 300ee bales choice sold at
16 50 5 ton. Prime is quoted at $15@16 S ton.
COFFEE-Active demand and prices are
steady. We quote carsoes: Ordinary 17173e
llbt l0$: M9X~ zifH~a 9W4®9@3Ge
ý ý1E 8 aiIS
Small & 0o. for the following telegram: "Blo de
Janeiro. October 24 and New York, October
2a, 1577.-Purchrases since the 17th inst., 49,000
bagss; stock 9,00on:; average daily re,,olpts 9040;
price very frmn, 911700: exchange, 254d.
ItlCE-tells as as ftass milled( at full pr ilce. The
market is bare of rough, and orders for It are
unexocuted. We quoto rough at $4 .4t'4 75
bblh. We quote L, uislana c'lan No. 2 at pl4i
%o.,: ordinary -614,rc: fair ol- 54e: g,,od 6r,@
(~ce: prime 5t4160o L4 . . I bbls strttly good
sold at .1!1 'V lb.
11lAO(IN(--Large stocks and dull. Standard
domestic jIut is retailing at 121~0 ' yard.
BUTTEI~-Large stlocks and motlerate de
mand. We qllote': Fine New York oreamery 3o
(42310, fair Sttate 27(d42s; prime Htate 2r,rr426., fair
244.00220, Western fr uit-flousen 22123r. good fruit
house 1@lat2, good reonaoked 1d.4'17c, medium
14@16r. low griules 1l2 'f lth.
CHEE4E-(tood suppoly and thore is scarrcly
I anpy Reand. Prime factory is hold at 13(0la' 1,
good faetol t12i@130, English dairy 1591se,
EIPT Pt ODUFT -Arrive sinoe our
review of yesterday: 81n bbls flour, sr0 bls pork.
a4t bbls whisky. 19 tieres hamrns, la tieres
lard, 92 kegs lard, 25 tasks bacon., s boxes
bacon. E02 bales hay. 71 hhds sunar. I, bIls mo
la nsos, 24 bblh apples, 94 kges butter, rnie boxAs
andloes, 205 bhils onions. 409 bbl potatoes, llr]6
bbls r..Asnd 750 sacks wheat.
bEXPOTBl OF PtODU C-Exports since our
review of yesterday: 474 bils flour,. 5 bhiis
pork 'l1 casks bacon. s9 tHereon lard, i1s bids
whisky, l5 bbls corn moll, 70 sacks corn, 12,000
butislhlis corn in bulk, 21r smcks oats. 54 bales
hay, 194 hhds sugar, 144 bbls sugars 155 hhis mo
lasses, 255 bbls ric,. 457 Parks tcoffee, 1,2 btis
av loee. 142 k"gs butter, 277 sacks salt, i4n bbls
unions and 145 bbls potatoes.
Domestle Markets.
li[y Telegraph.l
(;tICAt no. Oct. 25. 9:50 a. m.--Whoat--Octobor
$S ot; Novetlmber $1 -41&; year nrominally $S 04.
(1,rn-Novemlter t4:'an:'.,. l'Prk--btlI year
$12 6s; bid January $12 r~. Lard-year s.12!.;
January 8.20,
Union Stock Yards.-lTogs--estimated re
ncipts 1x.5004: yesterday 17 017 market. dlull and
weak ; prit.'s 15(0020 lower than on yrstorday
morntintg, pa'k'rs antid shippers generaliv ho1l
ing lffT fir lower flgures; small sales )f light
balon grarlesat $4 50(rlo 4(;heavy mixed packing
grades $t 70@4 190; heavy shippdng grades about
$4 ~H~Voi 25. lt'reioplf of clttfl,i ibtl 150 cars.
1:05 p. m. Morning call.-Whtat steady: Octo
ber $1t 1,.f."1 4 )(4: November l 4104i041 447'~; all
the year 1t 41443 ; No. 1 $1 l'; N. 2 Oe ; No.
3 81 0e.,: rejected hi. Corn steady: (.Itotb,r
441 ; November 4a%14,1ii4.: all the year 411:
seller, January 40; May 421: ; high mixed 41'i;
No.2 4431: rIelocted 4:. lbarley-cas- h and October
l9: Novembhsr5r6 ; Dtcember i1. O(ats-eash and
(Octoibr 2~05; NIovmlinr 2a.40 al"4i ' Decnmboer
23:'4I4i23'e. Ityn-cas-)l 52. ; NIvellnber 54 biid. 5144
askted. f'ork--Otober $14 40: November $12 irer'
12 701 all the year $12 40ti0l2 1)0: January$12 46242.
Lard- Octtbir '45.1i(i ..rt': all the years.lh.tss.173 ;
January 5.22'4 bid. Whisky. stiels 60 bbls at
$1 07.
3:30 p. m.--CIon.e-Wheat- October St In;
seller Novmtbtr $1 o4 : year $I 04 '. Corn
OctobAr 444: November 4334; year 419 ; seller
Jalnuary 40'4. Orts--Octoter 2pa.; November
2:1e l)oeenmbher 23'r . Pork--year 12 re: seller
January $12 o6. LTard-October 8.4o0; year 5.16
185.17',; Janluary s 22!. Ilox. I ment closend
shoulders '41 lIong 'lear 71t,; short rib 7V.
short 'Iar 7'. ; Iollg andl short reinr 7 `,: for fu
turi, delivery. Octobe-r-shouldors ,41 ; lng Plinr
7 s ; short rib 7: ; sheot clear 73i; long and shrt.
lclnr 7',
Union Htoc0k Yards.-Thbe hog market 'los.ed
Ifirmer andll it6l0ol higher than in the morning
ulllottatinlus. Cattle st'ledy; fair tol modhilum $4(4
4 044; (olu r'iuiid $i 81 44i3(t.' 445; T{fxas $2 44i6d1 404.
cowS and helfaers $2 4I00L.i i5.
HT. LoTls. Oct.. 15.-Whtt,---Ni. 2, ahll, $1 ..1;:
No. :3, bid each. S1 20i; ; November $1 2t;' :; Dn
eimber $1 21'l4 year $1 25,. (Corn-cash 431.;
Oeto.olr 43% : bid No,venmber 42' %; bih Delember
40: bidl year -9%(1140. (Otets --.14t 256 ; October
20ti; Novembier 25'' : )Detr;nber 2;0% ; y',,r 256.
Itye--ceash :13'i : Oe(tolr 54t:. bid November 54%;
no bhid I)iember. 1'o k uhill: $1: r4 bhil. cash
and October; offered at 141 25 Novemnber, no
hid; $12 11 h1id year. Out rllnats dull end heavy.
lBacronl heavy and slotw. Lard nominal. Whisky
$1 O5.
Inspoectons.--Wheat ,. co rn 56:i. ,oa's 11, barley
12. rye 5.
CINC:INNATI, Oct. 25.--'Ths qtullet.: nommon
54(84 O16: fs rto good I lgh t t4 73(4 9 ;: fai r t) gotod
poickers' $4 4Nm5 40:; sieit liutltiers' 85 10ta45 15;
ret.,i pts 2016. Pork firm, $14 bill. Bacon lfrmetr
and held hlighIr; sides 91 o9k,, ; sugar-cur(ed
hams 1214. Lard firm ; primel steam 814 ; kettle
9 29t4.
Naw Yoxs. Oct. 26.-Flour quiet: Minnesota,
new. 84) 7(57 25; superfine State and Western
54 7a(a 25: extra Stale and Western 6 7TS@i;
Southern flour-fair demand and nohan ged.
Wheat firmer: No. 2 red winter, cash, $1 tobid;
do October, "I 42 bid: No. 2 prin, oah, $ 180
bid; No. 2 Northwest. $1 bid. arley firm:
six rowed Stato 73(575. (Iye quiet, active and
about steady; No, 2 Western 704o71. Stato 7a07s.
Corn lower and moderateoly aitlve steamer,
cash, 2o5, bid;l do. October, 21a4 bid : No. 2, cash,
r,472 bid; do, October, 4;2M bid. Oats In less do
mand and easier: No. I white 414042, No. 2 do.
3754(:45. extra mlxed 30s3,:m05.
PIork steadly anld nmre rctive: mess $14 5004
14 40 on spot: $14 50 bill November. Lard mod
,rately active antl steady; spot city 8.75; price
WeCstern 5s.14;. Beef tuitt andt unchanged. Cut
meats steady and a liltle more ac'tiv; pickled
betliJs 8s'4truo s: ilo hams 115;'012. Whisky steady
at $1 11. . H CotCoton quiet; Middling UCplotnls
11 5-1:; futures firm. Chtesen quiet and in
lVyers' favor: 7'&121; for common to prim',,
and 130@13%4 for choice.
Ocean Freglhts.
Nicw YORK, O)t. 2,.-Ocean freights were
fairly a'tilv- . P.esiciially for grain v))M'tls both
for Ithe Unaitedl Kingdoin and tohe Mediterranean,
while othier bulMinots. was light.
Foreign Markets.
LONDON, Oct. 21. 2 p. m.-Flour cildct. and tin
chliatied :1 4s. WheatI IIull ;argoes off ooast Chi
cago spring, ;eldMls lower at is8: red winter un
chlangd at 5rs; California club uillnhanlged at
c4s. I argoes to arrive. Chiesag,, spring, 6d
lower at 505s r;I Californita clb Od easlir on in
side at 58 cr dl63s. Corn firml and unchanged;
llrgtes off ioat t 3tMS il1 ; 'atrgoes tf) arriveI 294 itt
R(a:lts. Arrivals of wheat and corn. ofi coast, for
ordters light.
3:;tf p. tm.--Corn, off coast. i;d easier at 3,s.
Other markets unchangetd.
LONDON, Oct. 25. 3:t0o i. m.-Consols for money
9 3-1i;: on acclunlit tt;'i, Builllon. decreased
IJIVERtiPOOTL. Oct. 25. It a. m.-Wheatt-Wintier
lts id(tC11. tclH; slring 0l tr 241ll4 3; white 12, 81i
, :13s; UIlIiforn ia cllub 13s lid. Corn 29s 6d. P'ork
47s (i. LAtrd ll 45.
1 p. m.--Lard 4ts ,d: long e'lar middles 40s r;d.
Rest unchanged.
1:45 p. mn.-F'lonr duill and iunchanged at 3ato d.
Wheat nlt 'hanged, spring los ltd.lltis tdi C(ali
fornia Cluib 135:afI:S 4d. dc. ave'raig 125 lll0la013n.
Corn firm, but not qulotablv higher, at 295 tid.
Peas unchatngeld at 3:ts ;ad. Cargoes of flour and
wheat on Iassage 135,000 quarters; torn 351,000
quarters.
PARIS. Oct. 25, 1 D. m.-Rlntes lotf 700.
NEW ORLEANS CREDIT FONCIER
ASSOCIATION.
Office No. 46 Decatur street.
SIXTH ANNUAL ftTATEMENT.
In conformtity with the provisions of the char
ter the New Orleans Credit Foncier Association
publish the fAllowing statement of their opera
tions for the year teding September 30, 1877. the
end of the sixth fiscal year:
Amount of interest accrued from October 1, 1870,
to September 3t, 1877 ...... ....... $3, 32
General expenses, talxes, rents, etc.,
from Octoter 1, 1s7(,, to September
30, 18.77.................$ 3,917 40
Discounted from notes paid
before maturity ........... 11 3:
$1,928 93 $3,869 32
59 61
$1,928 93 $.,9"28 0
The association havethe following
ASSETS:
Notes payable monthly, se
cured by mortgage and
vendor's privilege.......$29,30t 70'
Real estate ................. 7.301 75
Cash balance in
bank--------.---1,289 41
Cash in U. 8. Cur
rency.......... 476 43- 1,765 84
Sundries debtors........... 658 8
Installations and fixtures.. 500oo o
To meet passif --............. 703 89(- 40,237 05
LIABILITIES.
Full paid stock.............s3s,000 00
Scrip account ............ 2,170 00
Unclaimed dividend....... 67 06 - 40,237 05
We the undersigned do solemnly swear that
the above statement is a true and correct extract
from the books of the association.
A. SAULET, President
G. H. NORMAN, 8eeretarr.
Sworn to and subscribed before me this fifth
day of October, A. D. 1sn.
-OF THE--,
CHIICA B
TRADE PALACE,
147 CANAL STIEET,
L I BIOS,, iOPRI lOS,
HAVE OPENED
With an IMMENSE and WELL BELECTED
STOCK OF
FANCY GOODS, TOYS AND
NOVELTIES,
AT LOWER PRICEIA THAN EVER
SOLD IEPORE IN NEW
ORLEANS.
-WE OFFER YOU
SILVER PLATED TABLE SPOONS, all war
ranted, at six for 75c.
SILVER PLATED TABLE FORKS. all war
ranted, at six for 7e.
SILVER PLATED TEA SPOONS, all warrant
id, at six for soC.
SILVER PLATED GOBLETS and CUPS, all
warranted, from 750. up.
And all other BSlver Plated Goods sold in pro
portion.
RUSSIA LEATHER BOUND ALBUMS, from
re ulip.
RUSSIA LEATHER POCKETBOOKS, from
15C. utD.
Our Jewelry Department
Is not equaled in Now Orleans, consisting of
Gents and Ladies' Chains. from 75e up,
Iadics'. Misses' and Children's Sets, from
rec up.
Ladles', Misses' and Children's Bracelets,
from 0Oc a vair up.
Gents'. Ladies' and Misses' Sleeve Buttons,
from x500 up.
Gents' Studs, of all designs, from 250 up.
Great Clearance sale of HUMAN HAIR, from
5o a Br aid or Switch up.
Stationery in boxes. Perfumnes, oaps, etc.
TOYS! TOYS ! TOYS !
Our stock is so immense that we cannot enu
merate all articles, but we will sell you, without
going to other parts of the city, DOLLS from se
up.
Our PARISIAN MECHANICAL TOYS are the
wonder of the day, and will cheerfully be dis
played to any one.
NOVELTIES are daily arriving, and we beg
our future patrons to examine our STOCK be
fore purchasing elsewhere.
WE KEEP EVERYTHING
IN THE FANCY GOODS LINE.
Chicago Trade Palace,
147 CANAL STREET,
LEVY BBOS, PROPRIETORS.
olR-L- I -mon TO Dn3a1s.
61. .i
NEW WINTER CLOTHIN(G
Wheeler & Pierson,
18 and 15 Camp street.
We have opened our
and Invite buyers to examine our styles aal
prices.
S,$i ant Scotch and Cassimere BUSINgM
S UIT, Il to $25.
Black Worsted FROCK8 and VESTS. $1A to
$2.
ancy Cassimere DRIB88 PANTS all nrloes.
egant new style FALL OVEIdOATM. I0 to
" onrthe' BUSINESS and DRESS SUITS, nobbf
and s'llish.
Boys' DRESS and "SOtI SUITS, very Iowt
Shatker Flannel UNDER WEAl, all .ces
Genuine English HALF H05e, warranted,Is
a dozen.
New Fan SILK M(JAIARFS. nc.. 7tc.. and l,
UMBRE LAH.
As our goods are all our own manufaaturewe
can offer
THE LOWEST PtICIES,
for goods, made in superior style and tnar ai
toeafit equal to euntom-muade. dal and see. a
WHEELER & PIER.IONIg,
13 and I l Camp sti2*.
WHOLFMALEDIEPARTMENT up stalr., with
ful stock for country traldc, at the loWegg
pries. o001 Ian
CANCELLATION OF BOND.
URITmD HTATAS or AMnLt, )'
State of Louisiana, n
Executive Departmeo ,
Whereas, THOMAS D. COX. former T'T ge.
rurer of the MShool Board of the parish!of Ab.
sumptlon, has applied to me for thecancellatU
of a bond for the sum of five thousand dollrtV
subscribed by him, the said Cox, as prinol.al
on the tenth day of April. 1s, with P. .Ai
bert,. J. Chamberlain and Charles Dupaty as aro
curites, conditioned for the faithful ~rfMO1 .
ance of the duties of the said Corx as TremsasUg
of the Hehool Board of the parish of Aastle.
tion;
Now, therefore, . I, LOUI A. WILTZ, jea.
tenant Governor and Acting Governor ofthe
State of Louisiana, have thought proper to
issue this my proclamation, in order to glh
public notice to all persons therein conoernme
and Interested to show cause, in writing, at th.
office of the Secretary of State, at the city oa
New Orleans. within ninety days from and aftr
the last publication thereof, why the said boa4
should not be cancelled and annulled and tfh
securities above named discharged from atsp
further liability.
In witness whereof, I have hereunto set ma
hand and caused the seal of the State of Loutao
ana to be hereunto affixed, at the city of elW
Orleans, this sixteenth day of October, In thi
year of our Lord one thousandeight Butna& e
and seventy-seven, and of the one hundred mrs
second year of the independence of thel. U ,4.
States of America.
LOUIS A. WIU
Lieutenant Governor and Acting
the State of Loulsiana.
By the Lieutenant Governor and Aos
ernor:
WILL. A. SmToxo,
ocla set Secretary of
PROPO*AIS POI LEVS W
itate of A
New Orleans. .ot. 19
Sealed proposals will be received at the
until SATURDAY. October 27, at 12 i.,
construction of the following levees:
Hardtlmes, parish of Tensas.
Hardscrabble. parish of Tensas.
Ford Field. parish of TenMas.
Young's Point, parish of Madison.
Plans, profiles and speelflcations of the
works will be ready for Inspection at the
Engineer's office between the twenty
and twenty-seventh of October.
And sealed proposals will be received
THURSDAY. November 1., at 12 m., for the
struction of the following levees:
Scott and Colomb. parish of Pointe CoU
chihatre, parish of ihmrvills.
Ppangenberg, parish of Jefferson, left
For which. plans. profiles and ap
will be ready for inspection at same olEe.
tween the twenty-seventh of October and
of November.
Proposals shall be addressed to the.
signed, anl each one Indorsed for the
lar levee on which the bid is made.
The board reserves to itself the right to
any or all bids.
The party to whom any contract mays'
awarded must present himself within
eight hours, to sign the same and give
or else his right will be forfeited and the
tract adjudicated to the next lowest bidder.
LOUIS A. WILT.",
Lieutenant Governor and Acting Governor,
President Board State Engfheers. oecLtd
special Netice - Parties biddhlg
Levees are hereby notitl-d of the fo
a'lditional requirement-The sealed p
must contain a deposit amounting to one
for each yard of the estimated contents ap
ten thousand yards, and an additional q
of one cent for every yard over, to bef
the State in ease of the failure of the con
bondsmen to qualify within f.rty-eighty
alter adjudication, or elso the bondsmen
be present at the opening of the bids,
to sign immediately.
JAMES D. EDW
(8nuccessor to Daniel and J. D. Ed. '
sBTEAMBOAT, RAILROAD AND ip
EER SUPPLIS,
Manufacturer of the most improves
EKTAN TRAINS FOe IWAlING
And every description of
Copper, Brass and Sheet-lrem W
Dealer in Iron Pipe and Fittings for
Water or Oas; Brass and Iron Valves;
Oil Globes; Steam and Water Ganges
Tubes; Bolts and Nuts; Punched Jub.
Screwse Washers: Rivets; Cistern. W
Force tPamps; Brass and Iron Wire oth;
her. Lubricating and Hemp Pkla'ýe
ber Hose; Beltina; Lubrican , Lr
Linseed ad Headlight Ois White Lead;
ton Waste; Cotton Stemn Paeking:
Stocks and Dies' Pipe Outters;
Wrenches: Pipe Vises; Jack SereW
Brushes; Flue BSrapers, ete.
Agent for the
CAWEOeN SPECIAL rSTEAM [FUP `
-For
PUxrleGJIIO E ANDSUPPLIIY e
Sedfo S r wes t Wi 1