The New Orleans daily Democrat. [volume], April 28, 1878, Page 8, Image 8

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

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6 g rtc and Financial Matters.
IE this time there are in the port of New
')Orleans 12 steamships, 22 ships, 31 barks, 4
Jrlge and 12 schooners.
There is a growing demand in Scotland for
American-made wooden ware of all kinds, in
cluding doors, mouldings and casings. There
is an opportunity for enterprising manufac
turers.
The statistics of emigration and immigra
tion for 1877 have lately been published in
England. The total number of emigrants
was 119,972-- a falling olTof 18,261 as comparod
with 1876.
The steamlboat Commonwealth left here
last evening with 700 barrels of Hour for St.
Louis. This is like carrying coals to Now
castle. This returned flour, we suppose,
could not stand the test of Inspection.
State Consols showed yesterday a slight
improvement in price., closing at 76'4(877,
against 7C64 7;76 on the previous dlay. The
sales in these securities amounted to $75,000.
Of Premium Bonds $176,620 were sold at from
34%@34%, against 34!~4(.034% on Friday.
The Erie Raillroad was sold in New York
city on the twenty-fourth instant, under the
foreclosure suit of the Farmers' Loan and
Trust Company. It was purchased for $6,000,
000 by ex-Gov. Morgan and others, act*
lng as trustees for English bond holders.
A:oorrespondent of the Hardware Reporter
says the foreign commerce of countries lying
south of the United States on the American
Continent, at the present time, is about
$220,000,000 annually, of which the United
States shares to the extent of $112,350,000, and
.of this amount not over $37,000,000 is trans
ported under our ilag.
Texas apparently has a great future before
:it as an agricultural State. It has flftywheat
Sproducing countries, one-fifth part of the
acreage of which, if planted, would produce
86,000,000 bushels of grain. It has also a cot
ton-producing area of 69,120,000 acres, one
fifth of which would produce 6,762,000 bales of
cotton-more than the entire products of the
wiorld.
The chief industry of New Mexico is sheep
, raising, and is highly profitable as a pursuit,
while in Colorado and Wyoming Territory it
is but little less so, though by no means as
fully developed. The number and value of
the sheep in these three divisions are esti
mated as follows: New Mexico, 1,000,000 head,
value $1,150,000; Colorado, 950,000 head, value
$1,000,000; Wyoming Territory, 225,000 head,
value $450,000.
A striking illustration of the depreciation
of real estate In New York was presented in
the sale of property on Washington Helghts,
belonging to the estate of the late Mr. Con
nolly, a wealthy tobacconist. There were
twenty lots sold altogether, and at one time
taey were estimated to be worth $500,000;
Tatt when put up at sale last week, they
hbrmught only $137,000, or a little over one
flourth the estimated value six years ago.
I~artunee in Florida from orange growing
eare made as easily, on paper, as cities are
t[Id by companies on suburban farms. A
?Mr. Dewhurst thus glowingly calculates
what la.s income will be: Hlie has a 400-acre
tlkrsat Piney Point, and has just planted it
sseitielghty-four quarts of orange seed, which
mare expected to produce 420,000 trees. If they
`bear 5000 oranges each annually, he will have
2,100,000,000 oranges, which, at the low price
of 2 oents each, would give an income of
$42,000,000.
Up to date we have received of produce:
5,412,711 pounds of bulk meats, against 5,034,
446 pounds last year; 28,695 firkins and kegs
of butter-last year 27,342; 1,740,606 sacks cot
ton seed-last year 1.063,126; 941,334 sacks of
corn-last year 702,774; 3,760,458 bushels of
corn in bulk-last year 1,173,381; 65,249 bbls.
of corn meal-last year 81,758; 461,929 bbls. of
flour-last year 442,394; 132,354 bales of hay-
last year 98,539; 186,854 bbls. of potatoes--last
year 132,045; 661,501 bushels wheat in bulk- -
last year 93,725; 110,931 hhds. of sugar- last
year 134,355; 309,116 bbls. of molasses-last
year 242,906.
The enterprising fruit and vegetable grow
ers of the South have made great prepara
tions for the present season's business.
Those in- the vicinity of Nashville held a
meeting a few days ago to take measures for
quick and cheap transportation of their pro
ducts to Northern cities, and a committee
-was appointed to gather statistics and other
facts bearing on the subject to be reported at
a later meeting. It was stated that there will
probably be shilpped from Nashville this sea
son, 8000 barrels new potatoes, 1875 barrels
beans, 1200 barrels peas, 13,000 gallons straw
berries, 3000 gallons raspberries, 1200 baskets
grapes and 5200 barrels apples and peaches
all of which would go to waste but for the
market which the North affords. This bus
ineess of shipping Southern fruits and vege
tables to Northern cities is becoming im
portant.
The twelfth annual meeting of the National
Board of Underwriters was held in the city
of New York on the twenty-fourth instant.
The executive committee reported that the
,rates of insurance in vogue from 1872 to 1876
were not too high, and that the prevailing
rates of to-day are too low, and make the fu
ture full of serious apprehensions.
The report of the committee on statistics is
,very exhaustive and full of valuable statis
tics, including every hazard known to busi
ness, there being 283 classes and amount of
property covered by policies classified
aggregates $2,637,315,763; premiums re
ceived $32,391,859, and losses paid $16,725,002.
It also contains returns from 2930 cities in
the United States showing losses by fire
works and crackers in July, 1877. Massachu
setts furnished valuable information, and the
cotton mills, woolen mills and shoe factories
of that State show respective values of
$64,319,182, $23,887,462 and $18,926,210. Tables
of 258 American companies and 18 foreign
companies show considerable decline in re
- oelpts for premiums and advance in amount
of losses paid. The amount of capital em
ployed for 1876 was $66,836,318, against
$56,623,440 in tables of previous year. On
.this capital dividends of the year aver
aged for New York State companies 14.02
pcr cent, for other State companies 11.88 per
Ce.t The percentage of losses paid in 1877 to
yrantiums received were as follows: New
iamk State companies 57.40 per cent; other
as becompanies 59.55 per cent; foreign com
Umnes 49.12 per cent. Total amount of premi
vz.nt received by American companies
iM ,290; by foreign oompanies $11,474,637.
. ~ rss of $727,840 as compared with
1.& Of this amount there was paid out
:Lr loss $31.035.110, or $2,983 708 more than
.B 1876. Whole receipts for premiums,
cktuding inland and marine $60,128,325,
and total losses paid, $34,050,388, or 56 63-100
per Bent. Net profits on capital employed in
1877 by American companies in business,
:$3,493,965, or 4 85-100 per cent; amount of risks
-sesumed bycompanies in 1877, $6,733,478,409,
u e ability of companies declined from
In 1876 to 08..64 in 1877. The average rate
dpru e deelined to .8106, which is lower I
thaM imhbeen obtained in any year since 1865,
thbus .bwtfg tht. companies are now insur
1pg.at lJc bm ,s than were obtained before
., -egi qit 9_ the national board in
FINANCIAL AND CO.IMEI.IAL.
MONETARY.
OFFICE NEW ORLEANS DEMOCRAT. N
Saturday Evening, April 27. 1878. N
NEW ORLEANS CLEARING HOUSE.
Clearings. Balances. C
April 27.................. $849,000 36 $125,500 69 rt
The demand for money at the banks is light r
and the movement In commercial paper on the 8
street limited. n
We quote exceptional paper 7@58 1 cent; Al b
do 9@10; second grade do --@-; loans on col
laterals 6@a; At mortgage paper 8%@10; second
grade do -@- F cent per annum. 1
Gold quiet but steady.
Foreign exchange Is steady.
Sight is scarce and firm. a
State consols are firm at 76i(7n77. 1
Premium bonds quiet at 34'~.434%.
Stocks quiet. V
Mr. I. N. Maynard, superintendent of the N
Clearing-House, has obligingly furnished us
with the following report of the average daily A
condition, after the morning exchanges, of the P
Associated Banks for the weekending Friday 7
morning. April 26. 1878:
RESOURCES.
Specle (coin. average).......... . $295.646 35
U. S. legal tenders and National
Bank Notes (average)..........-- ,3864.464 48
Other cash items (avernage).......... 20.91 00oo
Sight exchange on New Yoek (aver
ge) ................................ 2.316.194 36
SForein exchange (average) ........ 444,004 62
SDue from distant banks and bankers
(average) ....................... 134,988 38
Loans and discount. (avorage)...... 9,868.501 89
Other cash assets (average)......... 4,249,513 56
Total ............................$20,693,70 64
LIABILITIES.
Circulation ........................ $851.468 50 9
1 Deposits (average net after ex
changes)................... 11,773.993 52 t
Due distantbanks and bankers,sub- I
ject to check (average)......... . 550,278 22
Other liabilities to banks and bank. -
rs ............................... 652,225 49 4
Other cash liabilities (average)...... 69.756 95 1
Total ........................... 13.897,722 68 1
COMPARED WITH LAST WEEK.
Increase. Decrease.
- Coin....... ..............Increase. ..... ......
Legal tenders ........... $130.000 7
Loans .................... ...... 190,000
I Deposits..... ........... ...... 115.000 8
Gold opened in New York at 100'o and closed
at loo.. Here it opened at 1005o@10o0, and closed '
at lor,@10eoo.
f STERLING-Quiet. Bank bills -.489o ; com
mercial 486@487. 4
3 FRANCS-Steady. Bank - ; cmmerclal 5.161.
81GHT-Scare,. firm and in good demand. t
Bank sight h per cent, commercial 3a per cent f
premium. I
NEW ORLEANS STOCK EXCHANGE SALES.,
FIRST CALL. 10 A. M.
$3.000 State Consols .................... 764 t
3 19.420 Premium Bonds................... 34. t
BETWEEN FIRST AND SECOND CALLS,.
40.000 Premium Bonds................. 345 t
SECOND CALL, 12 M.
2.000 State Consols .......................76%
2.200 Premium Bonds.................... 34!id
BETWEEN SECOND AND THIRD CALLS.
5,000 State Consols ................. 76 I
25.000 Premium Bonds ................... 349 t
THIRD CALL, 2 P. M.
15.000 State Consols ..................... . 6' 0
40.000 State Consols ................... 76~
10o00 Premium Bons .................... 34%
5.000 Premium Bonds .................... 34% V
AFTER THIRD CALL. i
10,000 State Consols....................... 77 c
50.000 Premium Bonds.................... 84% b
25.000 Premium Bonds .................. 34%
[By Telegraph.]
NEw YORK. April 27.--Money closed at s'P
cent Exchange closed steady at 487@489.%. d
Gold opened and closed at 1to00, the only price a
of the day. Governments closed firm ;currency g
sixes 119Sb@120. Pacific Railroad bonds closed it
as follows: Union firsts 105%@105%; landgrants a
102%@103: sinking funds 953@95% ; Centrals
0lo.%@10%. n
3 State bonds were dull and neglected. fl
Gold clearings at the N. B. 8.. New York- c
Gold balances, $,958,797; currency balances,
$1.971,913; gold clearings. $17,526.000.
ClearingloHouse statement-Currency ex- d
t changes. $ss5697,917; currency balances $2.722,251. $
Gold exchanges. $4.724,538; gold balances. s
18927,592.
Weekly Clearing House statement-Currency '
exchanges $419,201399; currency balances d
e $18.114,135. Gold exchanges $44.220,798; gold bal- I
ances $8.435.023. 1
The bank statement is unfavorable. The fol- n
f lowing are the changes: Loans decreased f
$1,815,900; specie decreased 3,l50.soo; legal ten- s
ders increased $2.747.800; deposits decreased c
$1.178,400; circulation increased $348900; reserves 8
decreased $38.400. b
N eekly Financial Review.
NEW Yonx, April 27.-The events of the week
in financial circles were important in some
Srespects. The monetary situation was charac- b
terized by ease, especially late in the week.
when the supply of capital offering was largely c
in excess of the demand; rates for call loans 8
ranged from 6 to 3 per cent.
The gold speculation was firm early in the r
week, when prices e.dvanced from 100% to 100o a
on exports of specie to Europe,. but the advance 5
was soon lost, and most of the dealings were at
t 100N.r
t The most important feature in the govern- c
mont bond market was the announcement that
the syndicate had taken an additional 5.,000,000 c
of the new 45, per cent loan,which is being rap
idly marketed.
Foreign exchanges were firm on moderate
business and prices were unchanged.
The course of Lake Shore speculation was c
a marked by considerable activity and excitement n
r at intervals, and by wide fiutualions. At the b
opening the market was generally strong, but 8
soon after the bears commenced a raid on the
3 leading stocks, and the market declined to the
lowest point of the week. Prices showed a de
cline of from I to 5% per cent. the greatest fall t
t being in Delaware. La awana, and Western,
1 Lake Shore and Delawareand Hudson. Michi
gan Central. Morris and Essex, Western Union,
at. Paul and Northwestern. As the week drew 8
5 to a close, there was less pressure to sell, and E
- the bears became a little moretimld. Then the
s market strengthened, and there was a recovery
of % to 2 % per cent, in Which the granger shares
Swere most conspicuous.
COMMERCIAL.
OFFICE OF NEW ORLEANS DEMOCRAT,
Saturday Evening, April 27, 18T8.
GENERAL REMARKS.-This has been a
clear, warm day. Business continues dull.
The demand for Cotton in the early part of
the day was good, but the offerings being unde
sirable the sales were confined to 2100 bales.
The tone of the market cannot be pronounced
steady, and we hear of a transaction below quo
tations.
In the article of Flour there was very little
movement. the demand being confined to orders
for home consumption. The expected receipts
being small, holders manifest a disposition not
to press sales, confidently believing that Flour
will command better prices after the first of
May. The sales amounted to 675 bbls.
The stock of Corn being small prices are firm.
The sales to-day footed up 9200 sacks, of which
6000 sacks were on private terms.
The early dispatches from Chicago to-day
showed an advance in the price of Mess Pork,
and our market in that commodity exhibited
much more strength; but subsequent dis
patches indicating a weakening up there, our
market receded,;and holders found it difficult
in maintaining yesterday's prices, the market
closing dull and weak at $9 50o per barrel on
sales from first hands. The sales amounted to
only 175 barrels cf round lots.
The Sugar market was quiet and easy; re
ceipts 167 hhds; sales 73 bhds.
COTTON-In the early part of the day the de
mand was good.the ,fferings being of an un
satisfactory character, the transactions were
confined to 2100 bales. The tone of the market
is barely steady, and we hear of transao:ions
below quotations.
The following is the official closing of the Cot
ton Exchange:
To-day. Yesterday.
Low Ordinary ................ 7 7%
Ordinary-.................. 7% 7%
Good Ordinary .............%... 8
Low Middling ............... 9% 9%
Middlig ................... ...101 10
Good Middling ........... 11 11
Middling Fair ................nominal.
Sales to-day. 2100 bales. Maraet quiet and un
changed.
OOTTON STATEMENT.
In store and on shipboard Sept. 1. 187. 21.356
Gross receipts since yesterday. 3.718
Gross receipts previously ......1,602.121-1i,605,89
Total uDply ........... ..... 1,627.198
Exported #o--day "...............7..041 o
Exported previously........... 461.9-1,469,0.0
To stock this day ..................... 18.187
T o tock this da last zer.......... 1 52..
The exports to-day were 1t61 baleslto Liver
pool and 780 to Barcelona.
Net receipts sinoe yesterday.......... 2,625
Beceiptafrom other ports .............. 1.093
Net receipts last laturday... ......... 1,670
Net receipts same time last year....... 270
Net receipts since September 1......... 1,329,091
Net receipts same time last year ...... 1.138.641
Cotton on shipboard as per account of the
Cotton Exchange is as follows: Liverpool
'39,266 bales. Havre 9847. Bremen 6319, Mediter
ranean 376., North Sea 2397. Baltic ports 1700.
Spain 416, Mexico -. coastwise 3335 ; total. 63,56
bales. This, taken from the stock at noon, as
noted at the Exchange. leaves in presses 94,531
bales.
[*The figures for Liverpool include 18.611
bales for Channel ports for ordors.l
The movement at ports for one day, up to
12 m. to-day is given below:
Received Same time Same time
since Friday. last week. last year.
New Orleans ..... 2.25 1.070 270
Galveston. ....... 355 324 83
Mobile ............ 569 471 63
Sava nah.. ....... :16 557 91
Charleston ........ 278 378 200
Wilmington . ..... 11 120
Norfolk ........... 71 834 461
Baltimore ......... .. 14
New York.......... 5:t2 585
Boston .......... 162 467 94
Philadelphia. .... ... 137 130
Various ...........
Total.......... 5,519 5,557 1.400
Receipts at ports since September 1.......4,055 507
R.eceipts same time last year .........1,804,715
Receipts same time year before........ 3,910.752
The consolidated report for one day gives
exports to
G. B. F'ee. Con. Chan. St'ks.
This week..... 7.879 790 .... .... 442.372
Last week..... 7,578 670 4,178 .... 496,298
This we'k l't y'r 5.176 876 ........ 576,962
OCEAN FREIGHTS-Are quoted as follows:
By steam-Cotton to Liverpool %d; to Revel
-d; to Bremen -d; to B ston, Providence. Fall
River, Philade.lhia and Baltimore, via New
York, %c; to New York %c; grain to Liverpool
9@ad. and - to Bremen 9 quarter.
By sail-Cotton to Liverpool '.i: to Havre
0c; to Bremen %c; to Genoa 4@lc: grain to
Liverpool 7hid.
Steam rates to Northern ports are quoted at
St 25 on molasses I bbl to New York. and $44
450 V hhd on sugar. By sail the ratoon mo
lasses to New York is $1 25 0 bbl.
SUGARl-Receipts 167 htds; sales 73 hhds.
The market is quiet and easy.
We quote: Inferior 4(54%c: common to
good common 5as@6Nc: fair togood fair 6%
@.%c; fully fair 70; prime 7%; strictly prime
7%c; gray clarified - 0--c; yellow clarified, as
in quality. 70@8%c: off whites, good to choice.
8%0@8c; white clarified s%@t9c.
MOLASSES-Receipts 251 bbls: sales 142 bbls.
The inquiry is moderate at steady prices.
We quote: Common 160200; fair 23@250;
prime 800320; strictly prime 86@a80; choice
r40042.
FLOUR-The market was more quiet to-day.
the demand being les+ active and wholly con
fined to lots going in', actual consumption.
Prices, however, are steady. The prospective
receipts being poor. holders are not disposed to
press sales, having faith in an improvement in
the market after the first proximo. Sales--lo
bbl at $4 25; 50 at $4 75: 50o at $5; too at $5 25; 200
at $5 70; 25 and 50 at $so 25, and 100 on private
terms.
We iuote: Fancy choice $5 87 @6 25;: family
$5 5o0a 75; trebles, low to choice, $4 75@r5 0o;
double extras $4 254 s0o; single extras r40
4 25; superfine -@54; fine 3 50o@3 75. Dealers
in their trade, obtain an advance of 50c f' bbl on
these prices.
CORN MEAL-The demand for Western meal
continues small and only a few sab s are re
ported. except in a jobbing way. The offerings,
however were free, and the tone of the market
was easier to buyers at $2 10to2 15 for round
lots, to be delivered on the landing. Dealers
continue to job out of store at $2 3002 40 o
bbl. Sales-50 and loo bbls at $2 15.
CREAM AND PEARL MAAL-Western is
quoted at 5313 25 1 bbl ex landing. and $3 25
@3 50 ex store.
GRITS-The market is well supplied and the
demand is fair, with choice qualities ruling
steady at $3 25 on sales from the landing. Low
grades are irregular and sell according to qual
Ity from $2 50@3. Jobbing rates out of store are
about 250 higher.
COW PEAS-The demand is good and the
market is higher, with an extreme range of S1
for the poorest qualities and $1 40 for the
choicest. Sales-8- bags mixed at $1 10.
PORK-The market opened under the influ
ence of advanced figures at Chicago, the first
dispatch received quoting $s 9o bid for May and
$0 o5 for June deliveries. Under these circum
stances the feeling here was very stringent, and
holders began to talk about $9 75 for soot goods.
This position did not last long, as the second
dispatch quoted mess 25@300 down on theopen
ing rates. So marked a break flattened our
local market. and holders were barely able to
maintain yesterday's prices, the market thence
forward ruling dull and weak, and closing the
same, at $9 50 on sales from first hands. Dealers
continue to job and retail at $100@1025 bbl.
Sales-5o bble at $9 50; 25 bbis at $9 75; and 100oo
bbls on private terms.
DRY SALT MEAT-The improvement in
shoulders noticed the past two days was barely
maintained to-day. The opening was steady to
strong. with some sales at yesterday's prices.
but subsequently the market softened, and
closed dull, nominal and unchanged, but easy,
at 4@4'SC for shoulders, loose and packed.
Sides are dull and nominally quoted at 4%c
for clear ribs, and so for clear sides. Dealers'
rates are now quoted 4 '@4'i for shoulders. loose
ana pacgea. ales-l10 casks shoulders at 4c;
52 boxes do at 4%C. to arrive.
BACON-During the current week bacon has
ruled quiet and ste idy. with a nidoited demand.
calling only for job lots going into immediate
consumption. . We quote: Shoulders 4Y,. long
clear sides 55.@5%c, clear rib sides 5cc, and
clear sides 6o. Dealers are now jobbing shoul
ders at 4%c. clear rib sides at 6c., and clear
sides at 6'tc.
HAMS-The supply during the week has ac
cumulated. and the demand being small the
market is barely sustained. We quote plain
hams at 63'0@7`'. and choice sugar-cured 7%@
8'4c. for medium averages; dealers' rates being
%05%e higher on job lots.
LARD-This article continues without any
special demand, except in a small way to meet
thecurrent demands of trade. The supply is
ample, and the market quiet and steady. We
quote refined lard 7%@7cr for good to cho.ice,
and packers' prime steam 6%@7c; kegs 7%@8c.
and pails 8s@a c. Dealers' rates are Mc higher.
Sales--so tierces refined at 7~ce.
BREAKFAST BACON-Plentiful and neg
lected at 7%@8c; dealers charging s@84a3 for
small lots.
FULTON BEEF-Half bbls s$9 75; extra West
ern mess $lo012 I bbl.
PACKERS' HOG PRODUCTS-Dealers are
selling on orders in the job trade at $0 76 B
half bbl for pig pork, $9 26 $ bbl for prime mess
pork. $8 50@8 75 for prime pork and $8 75@9 for
rump pork. Pigs' feet are selling at $1@1 25 B
keg.Ham sausages are dull and quoted at s@07c
I lb. Pickled pigs' tongues are quoted at 60
apiece. Pickled heads are offering at $9 %@0
10 so 1 tierce, and jowls at. $4 5o@0 so I barrel.
Bologna sausage 65e. Spare ribs-none in mar
ket. Side ribs $5@56 55.
COFFEE-The stock in hands of dealers is
amole to meet the demand and the tone of the
market steady.
QUOTATIONS FOR GOLD.
Cargoes. Job Lots.
Prime...................17t.C@17% 17%@17%
Good..................... 156i0(163% 164@17
Fair................15%@166 16 @163
Ordinary................14 @14ka 14@14i4
Extreme range ........................ .121@18 e
TOBACCO-Sales-26 hhds. Stock on sale
1945 hhds.
QUOTATIONS.
Inferior lugs............................. 2 @ 234
Low lugs ............................... 2.~@ 3
Medium ................................. 3%(a 34
G ood to fine .............................. 4 4
Low leaf .................................. 4. @ 534
Medium ................................. @6 7
Good...................................... 734@ 834
Fine ................................. ... 9 1o
Selections ......................... .......10 @12
CORN-Small stock and prices firm. Bales
6100 sacks white on private terms; 30o and 150
520 bushel.
OATS-Are in good supply and demand.
Sales-loo sacks choice at 36c; 500 and 250 do at
do at 50c; 1000 do at 490, and 750 yellow mixed at
353xc; 800 and 500 do at 35c 4 bushel.
BRAN-Quiet. 100 bags sold at s5c F cwt.
HAY-Dull and easy. Choice $15; prime $13@
14 f ton.
POULTRY-Old chickens $4@4 25; young $2 50
@3; ducks $3@3 50o; geese $4@5; turkeys $12@13
1 dozen.
EGGS-Western 8@9c; Louisiana 9@11c
dozen.
RICE-Is quiet No. 2 3%@4c; common 43A
40c, ordinary 5@534c. fair 5'345Ve good 53@
5%c. prime 6@6e4. choice 6?:@630' to.
SALT-We quote dealers' prices from their
warehouses at 85@90c 1 sack for coarse; $1 e5
@1 10 for fine. '1 urk's Island dull and neg
lected; held at 30@32c V bushel. Table salt in
pockets 1%@7%c 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 Quote choice
Cincinnati $I e3@1 06, fair to good Western and
Louisiana six per cent $11@ 03.
BUTTER-Moderate stock. Demand fair.
Choice New York creamery 32@33c; New York
dairy, fine soe7st' New York good 2seec; low
and medium grades 16@24n. Western-ohoicea
fresh packed 1819$0; good do.5.@le ; good fruit
house i4lc; summer packed la3tuc; low
grades 9s12; roll. wet packed lsoie; rolls.
tubs 1 oi0te.
WP6Qr-Lor stooks offering*a ha there is
demand and it is held above the views of
buyers. Burry is quoted at 1l@12o, Louisiana
clear 26%eo. clear lake 271@290 9 lb.
CHEESE--Prime Western factory 126@12t e;
good do 11%12c. New York cream 15@15%c.
bTARCH-In fair demand at 8@03e in lots.
Weekly quotations of Hides.
'NEW ORLEANB. April 26, 1878.
Steer Hides, City Slaughter, over 85 lb.
.. m............. .................... 7'6e,
Steer Hides. City Slaughter. 70 to 84 tb. 1 lb.. 8 c
Steer Hides, City Slaughter. under 70 lb,
b................ ........................ 7 c
Cow Hides, City Slaughter, as they run,
Ilb... ... ............................ 5,6 (
Kips. City 8laughter. 20 to 24 lb, lhb .....7~48 c
Kits. City Slaughter. 25 to 3u lb, · l ..... 6(a7 e
Calf Skins, each . .....75 c
(rount y Hides, Flint. 20 to 25 tb. 5 lb.. .10i12 c
Country Hides. Flint, d(lamaged, half price.
Beeswax. prime yellow. tb ............24 c
Ox Horns. each............................... 6 e
Tallow. lb ..................................7 e
Hides are dull and pries weaker. Wool un
settled and ganerally lower: Louisiana clear
18; lake 200. Tallow steady and strong.
Domestle Markets.
Nxw Yonx, April 27, 10:35 a. m.-Coffee quint
and steady; no satleo reported. Raw sugar
qul('t. Sales--1(e) hogshoad anrd 480 cerroons.
Reflned sugar steady and in fair demand.
Linseed oil 5rit4,0o.
2:20 D. m.-Groceries are without any quotable
change.
CIIcAao, April 27.-Wheat opened at $1 1314
bid May, S1 1I1 June. Corn 42'4 June. Pork
s 90o bid May. $ 05 bid June. Lard nominal;
6.90 bid Mar. 7.05 asked June. 7.10 asked July.
Later-Corn sold at 41% May. 42,' bid June.
Pork $R 62t May. $8 80 52 June. SR 97!;
July. Lord 6.90ý6 l9j- May. 707.021 June,
7@7.076 July. Drysalt meats, loose-Shoulders
3.85, long clear 43, short clear 5.10.
Union Stock Yards-Estimated re.ipts of
hogs to-day 11.000; market moderately active
at the closing figures of yesterday; packers and
shippers buying; light sold at $3 3003 35; heavy
to packers at $3 2003 35, and heavy to ship
pers at s3 4(003 t0O. Estimated receipts of cattle
1000; market quiet.
1 p. m.-MorningCall.-Pork $8 57'0@8 6t May
S so..(R 82'. June s$ o97tB u9 July, is 50 bid year
Lard 6.5875@6.90 May, 6.971,(67 June., 7.0,57 0754
July. Wheat-No. 1 1 15!;, No. 2 1 13j, No. 3
$1 07'. regular $1 134 April. $1 13:i hid May.
$1 12', asked June, $1 o.. July. Oats-No. 2 262
((0265, cash, 26.~0263% April. 2r,6, May. 26;'d June.
Corn-No. 2 41'0 cash; rejected 237i cash ;
remular 41.1 April,41340942 May. 42'.@442i% June.
423a).43 July.
bT. Louis. April 27.-Opening-Wheat strong;
$511 June. Corn strong 30 May.
12:30 p.m.-Wheat--bo. 2 red quiet; no sales;
No. 3 rod $1 18.si 19 May; $1 174.(T. 18R6 June:
$1 18 9L2l 19 bid cash. Corn easier; 39 May;41n
0@4t' June; 35001385 bid cash. Oats easier; 26'1
bid Mao;y 2656 bid cash. Whisky unchanged;
$1t 3. Pork -jobbing sol0. Cut meats-general
market dull; :3.5. 4 75@4.80. 40. Bacon-4-i
4.10. 5.30, 5.40. Lard steady; 6.80.
1 p. m. -Wheat strong;: $1 1oa'; May; $1 181
June. Corn firm; 38:s May; 41'. June.
Forelgn Markets.
LIVERPOOL April 27, 12:30 V. m.-Cotton
dull aftnd e,)aser; Mlidlillng Uplands ',ld ; Mil
dling Orleans 6'.d; sales 5000 hales, of which
500 are for export and speculation. Wheat
Western spring los 5d@l0s 10(1; Western winer
118 3(adlls 6d. Flour-Western canal 260s@268
6d. Corn-New 268 3d, old 278 3(dra27s 9d. Oats
a a3d. Barley 3sad. Pork-Prime mess Western
478 od. BaIRon--Lng clear 262 Cd. short clear
278 cd. Lard-Prime Western 364S Il. Tallow
P. y. c. London 37s 6d0638s.
1:45 p. m. --Flour-American extra State un
changed at 288. Wheat strong-Spring 104 614l(
11 d, California club lls 9d@012s, do average its 5i
@11 od. Corn a shade higher; new 266 3d,
Oats 3s 3 1. Barley 38 8d. Clover seed-Ameri
can 408.,428.
3 p. m.-Beef-Extra India mess declined Is:
dull at 10(M. Cheese-American choice ad
vanced 18; steady at 648. Lard oil declined s18
'dull at 418. All other articles unchanged, as
follows: Pork dull; Eastern s5a. Western 4.s.
Bacon dull; Cumberland cut 28,. sh ,rt rib
288. long clear 268 6,1. short clear 278 6d. Hams
Long out dull at 378; shoulders dull at 226.
Beef dull; India mess s8s. prime mssn 1o0.
Lard-Prime Western dull at 3s. 6d. Tallow
Prime city dull at 398. Turpentine-Spirits
23s ad. Rosin dull; common 5s.
LONDON, April 27. 2 p. m.-Flour-American
extra State unchanged. Wheat. steady-Car
goes; Chicago 518. red winter 548. C(alifornia 568
@(56s 6d. Corn ashade higher-arrived cargoes;
new 288; cargoes to arrive new 250s@265. Tallow,
37s@38s. Turpentine 23s4235 3d. Petroleum
spirits 7rtd.
ANTwER,. April 27.-Petroleum 26.1f for fine
pale American.
Weekly Co mmerelal Review.
LONDON, April 27.-Flour-American extra
State closed unchanged at 2as. Wheat closed
firm at 6detls I quarter higher for the week;
Chicago 51s; red winter 54s: California %.s(
56s ad for arrived cargoes; Chicago 48s d@t9s.
California 53s8@55s d for cargoes to arrive.
Corn closed firm at 3d@sd higher for the week;
arrived cargoes-new 28s; do to arrive 25s ad
@268.
Rosin dull and unchanged; common 5s ed
Dale as 'los. Turpentine-spirits (lull and
about 3d lower at 23.. Petroleum duhll; spirits
7'd@7'd. refined 9%td. Linseed oil dull and I
lower at £26 10s(s£26 158 per ton; Calcutta lin
seed dull and unchanged at 50s per quarter.
Linseed cake dull and unmhanged at £8 15'4£9
per ton. Sperm oil dull and about £1 lower at
£71@72 per ton. Whale oil unchanged at £35 xaer
ton.
LivanrooL. April 27.-Flour-American extra
State closed unchanged at 288. Wheat closed
i rm at 2d(l3td per rental higher for the week;
spring los 6d@11ls; California club lls 9dl b12s;
do average 11s 5d((11@ 9d. Corn elosed firm at
about 3d per cental higher for the week; new
2.8 31. Oats firm and id higher at a:s 3d. Barley
unchanged at 3s sd.
Pork dull-Eastern 5rs. Was'ern 458. Beel
dull-India mess 8a9. extra India mess 106qs
prime mess sou. Ba'on dull-Cumrberland cut
288 ad; short clear 278 6d ; shoulders dull at 228; I
hams--long cut dull at 37g. Lard-primo West
ern dull at 368 ed. Tallow-prime city dull at I
39s. Turpentine-spirits dull at 23s. Rosin
dull-common 5s. flue los. Cheese-American
steady at 648.
RAILROAD PERSONALS.
Among the departures last evening by the
favorite Mobile fast line: D. H. Holmes, Now
York; Rev. S. G. Cotton Atlanta; James Her
mann, Pensacola; M. En lander. New York;
Samuel L. Well, Boston M E. Mnz. Louisville;
C. L. Stegall. Richmond. Jas. Neville Kaiser.
New York; Rev. C. G. Andrews, Atlanta; G. W.
Utterbaok. St. Louis; John M, Martin. Phila
delphia; J. Berwin and family, Boston.
HOTEL ARRIVALS.
ST. JAMES HOTEL-David Reavill. Robin
son Ills; Mr Lemberger. New York; L 8 Here
ford, West Baton Rouge; F L Kimball. St LI(uils
John B Barnes, wife and two children A W
Morgan. Texas; B T Thompson. C M Thomp
son, R M Carter, Kentucky; R Levy. Mrs M
Levy. Miss Alice Levy. Miss L Levy. Simon
Levy, George Levy, France; J T Button, Louis
ville; W 8 Leonard, Lowell, Mass; A P Randall.
Baton Rouge; John G Mitchell. Akron, Ohio;
W L Avery, Louiiana.
CASSIDY'S HOTEL-M M Hughes, Vicks
burg; Dr R 8 McLemore, L-flore co'rnty, Miss;
W FHamilton. Carrollton. Miss; Jas M Ander
son Winona. Miss; It Schneider. Indian Vil
lage; R H Halle. Laur, 1 Hill; Max Amburger,
Ieaac W Rennet. Philadelphia; A D Rawlings.
Natchez; A W Grismore. Arcola, Miss; Geo J
Sidney, New York: S W Smith. Chicago; J IR
Hargon, Miss; W B Sturgill. New Haven. Ills:
It C Harris. Woodville. Miss; W P Krotchemer.
Greenville, Miss; W Brooks, coast: P Phelan;
R Hamilton, J R Hobson M G Lee. W M Ma
thew, city; W C Stribbting Mobile; H Ball,
Spring station. Ky; E Richardson, Jackson.
Miss; Wm Oliver, Wesson. Miss; D Meyer,
Meyeraville, Miss; 8 J Drake. Ascension; A
Smart. Concordia oarish; Jas Houston, South
west Pass; John W Neale. R E Craig Arkansas;
H A E Picard, Key West: John M Dutro. St
Louis; H E Williamson Holly Springs, Miss:
E T Hilliard, Graham. Texas.
CITY HOTEL-M Hamons. Nashville; W
Hildreth. John McCormick. Cincinnati; John L
Petner, Louisville; W W Ackley, steamer MoIl.,.
Moore; L W Burns, city; C B Darrall. Morgan
City; L A Pires. W Dickson Dalzell. Wm RIob
son, Shreveport; Walter 8 Davis John Hall,
Mrs Anna O'Donnell. Galveston; W W Barnes,
Wilmington; H Foster and wife. Buffalo; Van P
Winder, Houma; Miss A Lamkin, Mississippi;
A C Kountz Washington; H L Lucas. Corpus
Christi; M 31 Shives and wife. Mrs Gibson,
Miss L Perrvman, Texas; Donald Allen, utaun
ton; Geo E Downing. New York.
Moet & Chandon is the no plus ultra of wines. I
Golden Elephant. Exposition Hall, April 30
and May 1.
* There is no place like the famous resort,
Point Clear. for genuine pleasure and comfort.
Philip Werlein, 135 Canal street, has our
thanks for a piece of music. entitled "Valses de
Salon." composed by E. D'ejan.
CIsExsz Goons.-The well known dealer in
these goods, Mr. J. A. Brown, whose curiosity
establishment, No. 180 canal street, is filled
with exquisite articles, many of which evoked
universal admiration at the Centennial has
determined to leave New Orleans tora the
summer and will sell his beautiful assortment
very cheap, tar below cost Mr. Bro'in is very
attentive and polite to visitors ard will be
pleaae to have them come and examine his
p1 sthe~eL~on.Aa r .A r~.woe
American Waltham Watch Agency.
A. M. HILL, JEWELER,
No. 86 St. Charles street, corner of Commercial Place,
NEW OIRLEANS.
LARGEST ASSORTMENT AND LOWEST PRICES.
Watches for Ladies, Gentlemen, Sporting Men, Mechanics, Laborers and Boys.
IAAlIIc)lAD TVATC'IIPES A SPEGCIAL.'IY.
THE AMERICAN WATCH COMPANY,
-OF
MANUFACTURE FIVE SIZES
-AND
Thirty-two Distinct Grades of
KEY AND STEM WINDING WATCHES
From a low-pricld PILVER WATCH to the mos
expnusive GOLD STEM WINDER.
EVERY WATCH GUARANTEED.
I have made arrangements with the Company to
keep me tenatantly auIppied with a full
line of these .ollerated Watches,
and I offer them at
Unprecedentedly Low Prices.
All styles of solid Gold Chains, Vest Guard, Opera. Leontine and Neck, with a large assortment
of Lockets. all at low prio.s.
ap.2 ly WVATCIH~E REI'AIItII) ANI) WVAIRRAN'TED.
.WHEELER & PIERSON,
SUCCESSORS TO DARCY & WHEELER AND PIERSON & HEWS,
13 and 15 CAMP STREET.
New Styles For Spring
JUST OPENED IN OUR RETAIL DEPARTMENT.
STYLISH BUSINESS SUITS, $15 TO $ :O.
SCOTCH CASSIMERE SACK SUITS, $1l TO 200.
BLACK AND BLUE CHEVIOT SUITS, ALL WOOL, $15.
NEW STRIPED WORSTED FROCKS AND VESTS,
WHITE DUCK VESTS, $1, $1 fiO, AND 42.
Wholesale Department up stairs, with a Large Stock for Country Trade.
Low Prices. Supierior Make and Fit, and Polite Attention.
PIANOS AND ORGANS
Of the Most Renowned Makes, at Greatly Reduced
Prices, and on Easy Terms, at
GRUNEWALD HALL
A Magniflcent Selection of the Celebrated Pianos of
STEINWAY, KNABE, PLEYEL, HAINES AND FISCHE
Always on hand. Above Pianos are respectfully recomended for their unsurpeased naunuW
ous Musical Qualities. Durability in this climate, which has made them justly so popular with
our people and which are Unapproached by any other in this country.
Just received a Fine Selection of the
CELEBRATED ORG-ANS
-OF
CLOUGH &a WARREN, PRINCE, BURDETT.
The Best in theMarket. at reasonable prices. Get my Estimates before you purchase eleewhabe
Old Pianos taken in Exchange for New Ones. or repaired at short notice at moderate fjuai
SHEET MUSIC, BRASS INSTRUMENTS
In Endless Variety and at Lower Figures than at any other House in the Country. TOnr
patronage is respectfully solicited. LOUIS GRUNEWALD,
jyl 14 to 1s Daronne street. New Orleanls.
PHILIP WERLEIN,
135 ........................ CANAL STREET ....................18....B
THE LEADING PIANO AND MUSIC DEALER OF THE SOUTH,
Offers the best toned, most perfect and most durable
PIANOS and ORCANS
Made either in this country or in Europe, at the lowest prices and on the most accommodating
terms ever offered.
His Stock consists of the unrivalled, world renowed CHICKERING, the
celebrated and elegant MATHUSHEK, and the fine toned
and low-priced HARDMAN PIANOS.
ESTEY, MASON & HAMLIN AND NEW ENGLAND ORGANS.
Second-Hand Pianos from $40 up. New Pianos from $200 up. All fully WarraMte.
This house has always been renowned for its low prices and fair dealing and will contin e
sunply thI wor'd with good and reliable instruments on the most reasonable terms. TU.na1
AND REPAIRING A SPECIALTY. apl7 lm
MEETING OF THE STATE CENTRAL
COMMITTEE.
ROOMS STATE CENTEAL coIxrrrsz,
Jemooratic Conservative Party,
New Orleans. March 15. 1878.
There will be a meeting of the State Central
Committee of the Democratic-Conservative
party of Louisiana on the FIRST DAY OF
MAY. 1878. in Now Orleans.
Country papers please notice.
L W. PATTON,
President Btate Central Committee.
mhls td
THE NEW AGENCY.
Letter writing, copying, writing of advertise
ments and petitions, orders for coal and wood,
making puaehases of almost all kinds, and ob
taining advances on valuable pledges when
great secrecy is required, promptly attended to.
THE LOCAL BLACK LIST,
As between creditors and debtors.
TIM H. DRAPER. Conductor.
At the Crescent City Intelligence Bureau. No. 25
Commercial Alley. atBr 6t
GRAND CENTRAL
LUNCH AND DINING ROOM,
a 45 Camp street, corner of Gravder.
HE NEATEST. LIGHTEST AND COOL
EST LUNCH BOOM in the city. Keel
s constantly on hand their celebrated
CHAMPION CREOLE COFFEE,
y Hot home-made Biscuits. Pies and Cakes. Sods
e Water Mead and Vichy. Pure Sweet Milk
a Fresh Buttermilk and O9Bam Oheese with purl
cream a sDpelalty. apiS im
Furniture
-AT
JOHN BOIS',
1 152, 154....... Camp treet....... 152, 14
Is now prepared to sell fine as well as ordinary
New Furniture at greatly reduced prices.
Country orders respectfully solicited.
P. S.-Also Furniture taken on Storage, and
SBecond-Hand Furniture bought, sold and ex
changed. One price only on each and every
article. No deviation. Country orders romp
ly .lled. m 15 sm
WOOD! WOOD!I WOOD?)
S ONSTANTLY BECEIVING PER HOONfl
Island line of steamers. J. P. Fraser, Jose
phine and barges. At wholesale and retail.
SHoney Islnd Wod and Ceoa YaJnd,
No. na Julla. near Magnoia Bridze. N eWjdahE,
also at corner Carondelet Walk and n ra
street, Old Basin. Main office. No.155 Gomoe
streeot P. O. address, Lock box los0.
Wood delivered to any part of the city.
Oak Wood. per cord (best) ......-..-....--*I
Ash ********.....t..
Oak and'Ash mixed, per cord.......... --- I
Liberal discount made to dealers. Pld mass.
ure and satisfaction guaranteed. deft I
,.OULE'S OOTMMI AL COLLEGE .ND
_ Literary Instltute.-Da and evening sea-(
slons the entire year: electil system; 3
branches of study; daily lectn. es' gymIasl
p exercise: specla care given to native capaciti
disposiuton, manners, helt an d moras _a
sectarian; students free to oollemliterar_ mmdti
debating society; full faculty; large, well v
a tilated study rooms, and all s
- bo s.ea e rom i to maclctb.ri . "l