Newspaper Page Text
nmercial and Financial Matters.
ýJie steamboat Chouteau arrived here yes
Iay from up the river with 5800 bales of
c, the largest load of the season thus far.
.at Friday was a field day in the Galves
cotton market. The receipts amounted
fver 8000 hales, the exports exceerdel s 7000
tthe sales were over 5000 bales. Protty
f or little Galveston.
the directors of the Chicago Blard of
;ade Friday suspended several of the mornm
rs for twenty-four hours for disorderly con
ot on the floor of the exchange on Thurs
iy afternoon. The gentlemen suII peu('.ed in
ide three or four prominent members and,
:is understood, an ex-dirc.:tor.
state Consols ruled' firm yesterday it
i%@70, against 75%75 '.; on Wloednesday.
pemium Bonds werO steady at 29%.i~0,
gainst 209@290" on the previous day. The
tles at the Stock Exchange were $25,000 of
Late Consols at 751.;.
4During the winter (,of 1i77 7s the packing
buses of Chicago used upi 2,501,285 hogs, and
ring the past summer 2,0!3,00D, making the t
precedented total of 4.5):8,000 Ihogs packed I
the city in one year, being nearly 1,000,000 a
re than the previous year. The number a
be larger next' year if present in(licatiorns 1
id receipts go for anything.
8he Secretary of the Navy estimates the
alue of the yards, buildings, machinery,
hips, materials, supplies, real estate and
very other kind of property connected with i
jie Navy Department at Manywhere between
100,000,000 and $150,000,000. ''Thle value ~of the
hips is placed at only $30,000n,000--much sack I
S so small a quantity of bread.
The steamship Remus, which cleared hence
hetober 26 for Rotterdam with a cargo of
@,285 bushels of wheat and returned on theF
wenty-ninth ultimno in distress, cleared again
esterday with thi same cargo. On Wednes
bay the steamship Vanguardl( cleared for Liv- t
prpool with 20,03.3 bushels (If corn in bulk as
part of her cargo.
Mayor Pillsbury has sent to Secretary IIes
ter, to receive signatures from the members
oif the Cotton Exchange, a paper compliment
i$ng in deservedly high terms Mr. J. G. Clark,
the superintendent of tile Chicago, St. Louis
and New Orleans lRalilroad, for the many
Ecourtesies and accommodations he eatendled t
ito the afflicted people living along the ible of
the road during the prevalence of the epidemic.
Another period of lloness and distress,
wlth no prospect of a gain in the long run
ithat shall compensate for the intervening 1
loss, is about to be inaugurated in one of the
-Erngltsh cotton manufacturing centrcs, The
..2. operatives on Saturday voted unani
I[nously to resist the reduction of 10 per cent
d/.eoreed by their employers, and 20,000 opera
tive. and 8,000,000 spindles will remain idle <
B nless one or the other yields.
SDuring the past three or four dlays there
b has been a marked improvement in the retail
Strade of this city, as is evidenced by the large
a ,ttendance of customers at the stores on
C.(anal and other principal business streets.I
T he continuance of the qu arlntino restrictions
Iiat many of the points along the river and in
Sthe interior has prevented thus far any great I
Srlevival in thile wholesalo trade, but our mer
chants are confidently looking forward to an
early improvement and lively timea ahead.
The movement of all grain in bushels, by
Irail and by lake, durilg tihe four weeks end
ing Beptember 28 andl the three weeks ending
October o19, shows that thie entire movement
this year since Septemnber 1 hias been greater
by 2,600,000 bushels than that ocf last year,
notwlthstanding the enornmous crop of 1877
came forward withl unusual rahlpidity, and
speculators insisted, as late as the end of
August this year, that the wheat crop was
The Now York Herald says that we pay for
peace and good will, and that when our fish
ermen are robbed and their property de
stroyed, and themselves driven from the
fishing grounds, it is the duty of the British
government, with wivhich, and not with New- N
foundland, we have a treaty, to see to it that N
the perpetrators of theso outrages are N
promptly and signally punished, and that a
British man-of-war shall, if necessary, )pro
tect our 1ishermen in the exercise of their
The New York Journal of Commerce states o
that gentlemen who have critically examined
the reports of the Western Union Telegraph
Company, regard as absurd the assertion that
the stock is to be increased to $50,000,000, and
that 6 per cent dividends can be paid upon
that capital. An expenditure of at least
$15,000,000 has been made, says the Journal, e
In order to preserve the monopoly which ex
fists to-day, andl irudent mannagement would I
suggest that a sullieient reserve be left on
hand to purchase any now inventions or to t
absorb rival lines.
The gross earnings of all the railroads in
the United States, reported for 1877, were
$472,909,272-a dect;ease of $24,348,687 from
1870. This is the smallest gross earning since
1862, when there were some 18,000 less miles
of railroad. The net earnings for 1877 show a
decrease of only $15,476,055 as compared with
1876, due to increased economy of operation. $
Dividends fell off $9,45i,35(;, and were less
than in any year since 1l71, when there were
30,000 miles less road in the country. No divi
dends were paid on any of the railroads in
eleven States. The reduction in rates con- t
tinued through 1877, and, as it was very gen
eral throughout tihe country, was one of the
principal causes of decreased earnings.
The apple crop this year is immense beyond
precedent. Vast quantities are regularly
shipped to Europe by steamer. The manifest
of one vessel from New York last week
showed that she carried 4.i71 barrels, and all
the outgoing European steamers are weight
ed with them. A Boston steamer took 5100
barrels last Wednesday, the largest shipment
of apples ever made from that port. Three <
steamship lines from Boston have engaged to
carry more than 40,000 barrels, and the export
from New York will reach an enormous and
unprecedented total. If the fruit is carefully
picked and selected and well packed, it reaches
Europe in good condition and brings a fair
profit to thel sender. Apples ought to be plenty
-'and cheap in England this autumn.
Prices Below lthe SpecIe Level.
[NSw York P bl:e.l
Prices have tended downwards very rapidly
since May 1. At that time, it will be rememu
bered, in an exltnded review of thoe changes
in prices since May, 1877, we noted a general
decline, and gave full tables thowing that the
average quanti i's ,f the di fferent articles en
tering into comlerce being taken into ac
oount, was 6.4 per cent lower than the aver
A.ge in 1860. In other words, we had not only
reached lut passed the specie level, and were
on the way toward that hard-pan of prices, I
the lowest point ever reached in this country
since 1825, which was touched only in 1843,
and from which the upward rebound was so
rapid in the years 1844-48.
It is well known that there has been a con- 3
siderable farther decline In average prices I
since May 1, but perhaps the full extent of
the change may not be generally realized.
Wheat,, selling at 77 cents for No. 2 at Chica
go, has touched i the lowest point known for
many years. It is twenty-seven years since r
the i'i has l)eon as low in this market as it
was last week. Exceptlng in Jun,,, 1861,
corn has not soul in this market as.
low as 46 cents since Junle, 18.5, and
thie only pre'vious quotations as low I
wore in July, 1828, amd .J anuary and Febru
ary, 1825. It is twenty-three years since cot
ton ihs sold as low as it sold last week.
Mess pork has noit sold as low as it sold last
week since June, 1811. These striking fatcts
have suggested at prelilinary coniparison
of prieir in adlvance of thn us.ual half yearly
review which we shall preparo in No
verneor. Thie melthod pursued Is the one
repeatedly explained heretofore, v, vi, quanti
ties of (ach article correspondlig as closely
as possible to thIe quantities believed to enter
into commerce throulghout the ciuntry are
supplosei to have been puirchased on the twen
ty-lourth of October, and at other dates men
tioned, at the wholesale prices in the New
York market. Without giving details at this
time, general results may be thus stated:
The assumed quantitles of about lilfty leading
articles of coml merce could have been pur
chased hero, May 1, 1878, for l1,971,7010,000,
and could have been purchased ()hctiber 24,
1878, for about $1,717,800,000, a decreliase. of 13
per cent. The comlparative cost of some of
the leading classes of articles at the dates
named, and in 1860, may be shown In millions
WIHOLESALE COST AT THE' PRICE OF
I 1860. 1878, May. 1878. Oct. Lb
h Brads fftuff .......... $87.0 $731.5 $548. H
° Cotton ............... 242.0 27 0 215 7 f
Pork............ 134 9 101-5 92 .5
It Butter............... 77.1 lR8,0 810 1 o
k I on1............ .2 57.5
Ch ose ............... 17.8 20.2 1:3.0 O
Ietroleum ..... .. 35 0 34.o Na
Other articles ..1. . 65.7 (72 3 (175. D
f Total ............. ....- $1974.7 $1717.8
Excluding Petrol'm .$201i9.1 1936.7 1 83:
These figures, for which only approximate
correctness i ciat med, as they may be modi- col
lied upon more extended comparison of qll(o- t
tations, point to the concluslon that the gen- -c
e oral average of prices is 13 per cent lower now I3
than it was May 1, and that it is 18.6 per cent
lower now than it w'as in 1860. But it should tib
be stated that the figures for November 1,
1860, have not vet been preparedl , and the 33i
conm larison is, tferefore, with the quotations I
- of ay 1, 1860. The advance in the general S t
average of prices from that year to 18(;4 was, t
Sas was shown two years ago in this journal, $4(
" about 125 per cent, so that $100 would buy as ox
y nluch in 1860 as could be bought of the same $3r
d articles in 18614 for $225. From 1864 to 1873 tr
the decline was irregular, but in the aggregate or
r, nsidrlrable; on the first of May, 1873, it is
c. estimated that $132 would have purchased as R
muchi of the various articles quoted as
s, could have been purchased with $225 in 1864. al
n In 1876 the decline had proceeded much far- tbi
g ther; 1 was then calculated that $112 was the lot
equivalent in purchalsig power of $100 in sto
1 1860, or $225 in 1864. In May last the average I
M of prices had fallen below the level of 1800, 8
Sand $113 60 was the equivalent of $100 on the
old specie basis. Now, if these computationS
are correct, the decline has been so great that 81
t- $81 40 will purchase the same quantities of $2
to over fifty articles quoted, at wholesale rates, ro
•as could have been purclhased in 1860 with in,
$100. It is of course understood that in all $s3
these comparisons the quantities purchased
'e of each article are suplposed to be propor- pr
il tioned to the quantities of that article enter- o
lng into colnlierce, antl not to the quantity i
e entering Into domestic consumption.
>n If we have so far passed "the specie basis I"
s. on the downward mlovetlient of prices, what itl
Is is to be expected for the future? No reason is pe
perceived for expecting a general upward De
in fmovement until alter resumption has either
t been accompli-hed or has failed. Even then re
r- the changes may neither be rapid nor easy to D
Spredict. It will be observed that, while the o
o extreme low price of agricultural products
causes the entire diffe(rence in average prices to
between 1860 and 1878, the prices of all other at
articles quoted in the aggregate, are still at
somewhat higher than in 18(60. As usual, the ,t
d- main dilliculty is in securing an equable ad
ig justment of prices to tile specie basis, and
at this does not yet seem to be altogether ac
complished, nor can it be fully while two dis
r turbing forces remain. Those forces are,
1', first, unicertainty ..as to permanenlceof resump- wI
77 tion, and, second, interference with prices by F
1I governnienlt tirough tariffs designed to ham- n
of per free exchange with foreign nations. 0
as FINANCIAL AND COIMMERCIAL.
or MONETARY. F
OFFICE NEW ORLEANS DEMOCRAT. 1 F
tl- Thursday Evening. November 7, 1878. I
he NEW ORLEANS CLEARINO-HOUSE. h
sh Clelarings. Balances.
v- NOVlmber 2.......... $576.006 73 $60.301 9+
Novelllar 4 .......... 729.79:, 53 88.76 89
at Nov(embOr 5 .......... 1,2'27,198 69 128 888 41
re N vennhe'r ( .......... 977.29 77 14.3:10 31
November 7.......... 8.: 02 99,41 0
o- Total thus far.... $S1416,988 74 $521.61 G62
ie We quote excoetinal paler 7@8 ' cent; A
do 9@10: sHeclond grade do -@-; loans on col- v
laterals 5@8; Al mortgage paper 8)4@10; sec- 1
es and gradoe to -@- 1 cent per annum.
cd Gold is auliet.
pl Foreign Exchange steady.
lat Sigh In light rocluest.
sd State Consols firm at 75%@76.
Premium Bonds steady at 29;0@30.
on Stocks doll.
(St Gold opened In New York at loo100 and closed
al, at loO'. Here it opened at loo1 @100l%, and
closed at 1l00l(tloo51.
STERLILtG-Bank bills -@481: commercial
FRANCS--Bank francs - commercial 5.27',
on SIGHT-Baank counter rate .i F cent, com
to mortial t 9. cent discount.
NEW ORLEANS STOCK EXCHANGE SALES.
FIRST CALL-10 A'M. ,
ill No sales.
1re States 7514@751 ; Premiums 29?,;@29.
ni sBEacoD CALL-12 tM.
ice 0 0shares MIichanics and Traders' Insur
an Co - ....... .......................... 75 00
les $10,( ) Slate Consols...................... 75.
v a btates 75'@75%1: Premiums 29148@30.
ith 'TIIIRID CALL--2 P'. M.
$15,000 State Consols (S. 60o).............. 75. I
States 75',@7(; Premiums 29),4@30.
I [By Telegraph.]
re NEW YonEK, Nov. 7.-Money closed easy at S:4
vi cent. Exchange heavy anld lower at 4801 @485%.
Gold opened and closed lit 100%. Governments
i', scd ,ti' ~g; ge'lrreenoy I6 121 .b 122. Union
in- firsts 107'" 4l107'o . land nrants 105,o(,.-06. sink
1- iiag funds 107?,(0q1(i72. C nntrals 107 '..si(.17 2.
Clearing-H use statmelllit - Cur renll:y ex
1e oh'inlges, $80.741,589; currency balances, $9(;2,
Cold clearings at the N. B S.. N. Y.-Gold hal
a(nceS. $2.39,8.(84; currelncy ballanes, $2.356.061;
Ind gold clearings 814,0-8 000. State bonds-Tennes
rly seoe sold at 30 for old and 25`180257n for new
ek COMM ,ERCIAL.
all OFFICE OF NEW ORLEANS DEMOOBAT, I
lt- Thursday Evening, November 7.1878. I
0(1 COTTON-There was a fair inquiry to-day.
tnt and tlo sales aggregated 2:1350 bales at un
c chlangedol figures.
Ito The following is the official closing of the Cot
ot ton Exchange: To-day. Yesterday.
1nd Low Ordinary ...........
l Ordinary ................
SGood Ordinary..........-.. . 88 81
Low Middling................. 1hi 9"
air Middling............... ..... .. !, 95
uty Good Middling .............. 10 10
M1iddling Fair................ l o10 10%.
Sales to-dayu;s0 bales. Demand good.
In store and on shi booard 1oot.1, 1878. 4,086
Gross receipts since yetsterday. 13.21'0
dly Gross receipts previously-...... 120,.20-134,130
.Total supplyn.o.................... 138.16
ral Exported to-day..... -........... 3,703
the xported previously ............ 65,291- 69,392
in- Total stock this day....- *................. .22
ac- Total stock this dsy last year .......... 1 37.939
cr- The exports to-day ware 2065 bales to Liver
uly pool, 1007 bales to Vera Cruz.
Net receipts since yesterday ........ 11.777 a1
Receipts from other ports .... . 1,43 J1
Net receipts last Thursday .... . . .1il u
Net receipts same time last year ....... 3.942
Not recol ts since Friday .. . . 25 052 0
Net receipts same me te last wook ....... 14,097
Not receipts same time last year ...... 46,238 .
Not receipts since September 1.......... 110,113
Not receipts same time last year.-...... 200,553
Cotton on shipboard as per account of the vi
Cotton Exchange Is as follows: Liverponl4546, N
Havro 9712, B eomen 6283. Mexico-, Svain 115.
Baltic ports 12,114 Mediterranean 2082, North Sea .S
427, coastwise - hales; total 34,273 bales. This 9t
taken from the stock at noon. as noted at the al
Exchange, leaves in presses 34.49 hallos. 3
The receiots at all ports, consolidat,-d, as per (
felegrams to the Cotton Exhalnge, show totans %
from noon yesterday to noon to-.diay of :it 90 so
hales, against 27,,24 same time last week, 22,037 n1
last year, and 27.:17 the year before.
The movement at ports for six days up to
12 m. to-day. is given below:
Received Same time Same time 1mt
since Friday. last week, last naer. t
New Orleans ..... 25,052 11 017 .1.2s:
Galveston........ 2,163 2,775 1.1;
MIobile ........... ,14 5 722 15.75
Savannah ......... ;1.76 27.7al 2,.x:2
Charleston....... 23,11 l; .2 27,
Wilmington ....... 835 ,79 5,202
Norfolk.... ......." 1.t25 19,3 22,302 r
Baltimore ......... n'9 21.1 95 3
Now York ....t.. 4,077 3.25 1,57
Boston ............. 5,299 62 4,:11 n
Philadelphia...... 702 ],547 505
Various ............ ... . s
Total .........5:. .,.9 130,t01.7 150 7.110
Recekipts at ports since Septemtor 1...... 1,144.02
Receipts sameo time last, year ...........8.. 22.tr r
Receipts same time year blfore .......... 1.119.125
The consolidated roeport for six days gives
exports to S m Si
. po B. Fr'o. Con. Total. Stocks
This w1eek ... .52,3 5 5,634 t111.09 1.05r 47-,:32
Last weekr .- .54,457 .59 2,461 3,000 429.9:93
This weaok last
year ... . . 35,93 9 6:16 19.329 1:14 40 9 512
OCEAN FREIGHTS FROM NEW ORLEANS.
Cotton. Sterm. Still.
Liverpool ................... nd 7-16d
Ha V e .. ......................... 13-16
Brem en .......................... 15-1.
Hiamnurg ...................... .i 0
Iiottertlam .......- ... . I; to arrive ...
Slover and Clronstadt . .. "" crle as
Genoa .................... . .. 15-160
New York .............. ... . .
Boston, Providence, Fall
River and PhiladelpDhla. 'c viaN. York ..
SUGAR-There is a moderate inquliry and
pric.s steady. t a
We quote: inferior 4' 437e: commonl to goodt f
common 5@5hc; fair to good fair 5s, a;!-;ie; ftll.v I
fair 067- -c; prime 065'--c; strictly prine 7 L4;
-ce grsy clarified ----: yellow clarilio.d, as
In q(Illllty 7Ce; off whltOs, good to choloce,
7 7 s '.ic: white elariflod 8t@18--e,
MOLANSEE--There is a good demand and
I the market easy.
Wequote: Common 293i0u ; fatir 3lo32rc: prime
3:33341': strictly prtmO 302,:170: choice 3 ra3e . 0 l7 F
GFLOUIR--The m oarket Is ql-t and uteianeel.
Sal s- so bis alt $5 ; 75 at 7 1 t7, ; 50 at $1 025 ; 25
at $4 12 (x @ bbl.
We quote: Fancy extras $5@5 25: family I
$4@4 50; trebles low to ehoico. $4 75; double
extras $ 75@1; single extras l $3l@:3 50; superflno
S3a3 25; common $2 502 75. Dettlers in their
r1 rate obtain an advance of aoc V bbl on these
CORN MEAL-There is a good supply on
sale lnd thle tone of the mlrket, is easier at $2 a0
52 8.5 ' btl In round lots. DIalers job alt an
ad vante of 15(e tLC on the wholesale rates.
GRITc -Selppiyd moderat'; lemand light, and I
the marrket dull. We quote at $3 25(03 5o0 O lar ge
lots out of store. Dealers quote choice grits ex
3 store at $3 50@3T 75 r bbl.
c HOMINY-Wholosalo $3 0os 3 25; retail $3 . 1
s BYE FLOUR-Unchanged at $3 0503 75.
CREAM AND PEARIL MEAL--Demand light
eand conflnnd to small lots, which are sold at
- PORK--Is in light demand and easy;
round lots quoted at st 25, and small lott sell
1 ina to the trade at S$ 3727. Dealers quote mess at
I $9509 25 on j,,h ,ts otllt of store.
SDRY SALT MEATS-The market Is quiet and 1
prices easy. Old shouldtes,. loose and pacl:ed,
c tintenu dull at.3 34,55354( at wholesale. New
packed are in iman d easy a td e s t . Dealers
Sq.,otem Y40 at:vance on the-e hrices,.
BACON--There is an easier f oeling in prices,
austed by thle llerrasillg supplies and the lim
t Ited detmatel. We aut,o shouldetrs at 4`@-114C.
Sclear rib `sides 51i. and cltar sides at 5tu,;ai5e.
d Dealers quote 3-" high*r than athese fioures.
r LARD-The market is q uiet. We quote
n refined lard in tioec's at 7%d;a7e andi trime
steam Ct1406. Kegs aroe helD 3Dl1 illltgher.
A Dealers in their tride obtain tan adtvlace of 1c
0o( these prices.
s HAMS-A rcebrver reports 100 t2ter7cs sold in
Sthe artit threet da(y5. meTltlm tO mall I avIrIges.
tr ot 11 5812'. Or(ilnirv or tplai hams are qu,,ted
I1 at 55100. Demanld light and tone o1 the market
1, casy. Dealers Oltail the usual advance of 44-8
-i Sc on these prices.
Id BREAKFAST BACON-The supply is ample
for the demand, anti the market is dull n.nd
eaOsy for chlo.e goods at 732@8c; dealers are
- chborelrs s3,6SM96 for small lots.
, PACKEtS' HOG PItODUUTS-Dealers are
p- oelling on orders in the job tratde at $0 50506 75
y half bbl for pfig ptork: $7 2507 50 bbl Ifor
n- prime; $7 75 for prime moess; $7 75 for rump
COFFEE-Is quiet and unchanged.
QUOTATIONS Fo0U OOLU.
Carg, es. Job Lots. o
Prime "................. ---- 18B r-18% 3
Good ...................... - -- 17 @174 C
Fair .".*. --(.- 16a.@186%
Ordinary .............. -@- 14%@1t5
Extreme range .................... 13 s19
TOBACCO-Demand light. Stock on sale 2500
Low lugs ................................. 215 2
MHedium ...... ...................... 2'1@ 3
Good to fine .......... .................... 3 1 s3
Lowlleaf ... .....................4 . 5
Medium ................................. 5 @
(G o d...................................... 7 b 71
Fine. .... ........................... 79@ 8
Selections ..... .............. .......10 11
CORN-Good supply and quiet. White 550,
veoiw 550 ' bushel. Sales-;oi yellow at 550;
150 whifi at 5CC.
0 \'Ti- Are qlcut but steady at :340 3 bushel.
BRAN-I- in lieht request and teoady at 72`/0c
, 'wt. lales-400 at 720: 100 at 72,e.
H AY-Firm. Choice $10(;17, prime $11.h@1532 9
BULK CORN-There is only a moderate in
nlliry ;,t 45406' for No. 2 mixed.
WHEAT-Ilceiptes small and demand light
at 941a 95c for Texas and choice No. 3 Western.
WHISKY -Market quiet and steady. We quote
choice Ciucinuati $1 08os 09. fairto good West
ern $1 05(1 07. Loulsi.na $l 05@1 06.
BUTTER-Dull New York creamery fine
1 27@28e,New York dairy prime 23@250, New Yor
dairy good 17@190, Western creamery 25@28C
Western dairy 121160C t lb.
CH EESI--Steady. New York cream 11@12,.
Ohio fa-tory 8(@.Co 0 lb.
STARCH-In fair demand at 3@34e in lots.
POULTRY--ld chickens $3 5o: young $2 50
t("2 75; ducks $2 50@3; geese $5@6; turkeys $93
@10 V dozen.
EGGS-Western 15@18c; Louisiana 25o0
RICE-Quiet. Prime 61606c, good 7e., fair
5.R@sc, ordinary 501@5ec, common @5@5fc.
and No. 2 313%.1C ' lb.
SALT-Messrs. Jackson & Manson have kind
ly furnished us with the following quotations:
Demand limited. Stock ample. Turee cargoes
have arrived and are stored in bo.nded ware
house. We note a sale f one cargo, all coarse.
at 70c0 7 sack afl at, and another on private
terms. We mnote dealers' rates from warehouse
at 77 t@80e sacak for coarse, 95c@$1 for fine.
Turks' Island neglected: quoted nominally at
s I25&3010 bushel. Table salt in pockets 1%@7c
a each, as in size.
FISH-Messrs. C. H. Lawrence & Co. have
obligingly furnished us with the following
trc list for new fish: Mackerel, extra No. 1
bis $18. halves $9 50, qurrtors $5, kits $2:
mackerel No. 1-Bbls $12, halves $6 25., quarters
$3 25, kits $1 25; mackerel No. 2-Bbls $10, halves
$5 25, quarters $2 75, its $1 10; mackerel No. 3,
large-Bbls t9. halves $4 75, quarters $2 60. kits
w $1; mackerel No, 3. medium-Bbls C$ 50, halves
$3 50 quarters $2. kits 950: mackorel No. 3.
small-Bbls $5, halves $2 75, quarters $1 76, kits
MARKETS BY TELEGRAPH.
By Atlantic and Pacific Telegraph Company
t- NEW YOR, NOV. 7, it a. m.-Coffee quiet;
milds quiet;: sales-650 Maracaibo. Sugar
y, quiet; sa.Ls-700 hhds; other sales rumored;
basis 71,17'7i for retining fair to good fair. Re
- fined sugar steady and in fair demand. Mo
la-ses dull; English islands 30@45, New Orleans
12'40 p. m.-Wh.1at--Sring 96c@$1, winter 98@
$1 07. Corn-4'.N147.44@c46l-. Pork $7 75@8 50.
, Lard 6 15. C ,tton steady; Middling 9'n,
CnUIc;o. Nov. 7.9:20 a. m.--First Call-Pork
06 70C(6 7210 December, $s 02`i bid, $8 05 ssk,-d
January, $8 12(,i10 15 Fehru Try. LarL 5.72'.¢lt
86 5.75 Nvomhb-er, 5.77 i bid. 5 s201 asked December,
email@example.com aeller year, 5 J0@5.92 ' January. 6 bid.
30 6 05 askd February. Dry salt meats-Short rib
- 4.30. short -lear 4.45. Wheat opens at 8:358314 De
16 cerub-r. Corn opens at :27e asked December.
Union Stock Yards-Estimated receipts of
92 hogs 36.000; offilial yesterday 37 601; do ship
- nments 18e88. IRo,eipts of 'attle 5500.
22 2:30 p. m.-Wheat--80s bid November. 82':4
,9 bid December, 8s:13 Januarvy. Corn-31i Novem
r- bar, 310 Decemb' r, 3101 January. Oats-190'
askeu November, 1901 bid December. 190 Janu
ary. Pork-s$ sO@6 s21; Decembor. $8 '07,x@8 10
January. Lard--5 821 December, 5.92' bid Jan
CINCINNATI. Nov. 7. 12:25 p. m.-Pork--$7 25.
Racon--s, 41. 4,. 5. MIams--@ll. Cut meat-
Gennral market 23. 3¼, 4, 4¼. Lard-Steam
5.75 bid, 5 so askedt kettle nominal. Hogs-$2 40
@2 85; rec-ipts sti(;. Whisky--St on.
Sr. LouIs, Nov. 7.-Opning-Whoat-88% No
vember. 87¼ December. 85¼ Januiary. Corn-:31t
November,31 8I-5 D:cembor. 7@1 .,l 0'i January.
I p. m.-Wheat higher: No. 2 red opneod at
871 and advanced to 87'; December. opened a1
88'6 and advanred to 89`' Janluary. 87415&57%
e.-h; No. 3 rod 84,i¼ rlsh. Corn steady but Wsow;
1t1 bid DJocetrhr. 31t bid year. :1 i4/4:1 .7 cash.
Oits qulet; 19¼ bti Novr heTor. 1l9s'()11;ii cash.
Whisky quiet, st (t9 Pork uiliot; jobbing at
$7 25(87 40. Cut nirr. it-GOeneral market nimi
nnl. Iiorn oeasier; 3":, 4 4.014.75. 4.90i"u5. Lard
LIVERPOOL,, Nov. 7, 12:70 p. m.-Cotton a
shaldo ea.iero Middling Uplands 5 11-18d, Mid
dling Orleans.0',I; saLes 7000 halos, of which
m0o5 are forXtort iex .rt I) sp culation. Whoat
Western spring No. 19)5 r;d, No. 2 78 9d; Western
winter No. 1 is, No. 2 so led. Flomr-Western
tannal 195722.. C rn---Now mixed 238 9d@21s.
Oats-2s a;d. Pork-Prime mess Western 43s.
L;lrd--Priro Western ::;s 1od. Bacon-Long
clear 31s, short clear 32s. Tallow-American
LIVErtoorL. Nov. 7. 2 p. m.-Whnat strong but
no' active-; demand for consumption only;
prices unchangedt: cargoes on coast quiet but
steady, Corn without decided change; cargoes
on cest in fair demand. Beef-Prime mess 089.
India 737. extra 94.-. Other articles unchanged.
JLONDoN, Nov. 7.-Wheat on eoast and to atr
riv, firm. Corn on coast and to arrive quiet
2 NEW ORLEANS INSURANCE COMPANY,
Up to December 81, 1877.
ESTABLISHED IN 1806.
Fire premiums.............266,881 02
.Marine premiums ....... 84.632 42
River premiums ........... 29,24 04
Total premiums ........ 880.759
d Premiums on unexpired
Risks...................... $86.067 66
ti Roturn premiums.......... 12.190 18
Reinsurances............... 20,742 89- 118.990 18
Net earned premiums........... $201.708 7
Add interest and salvages........ 41.828 i A
al Fire losses...... $6,417 86
Marinolosses... 17.722 00
River losses ..... 12.320 85- $96,460 70
ly Rebate ac.. 15 por'Sent...... 46.499 04
lo Genera expenses.......... 84,214 40
State and City taxes and
eo license .................... 10.242 79
n Board of Underwriters.... 6.759 55- 194,176 48 V
a Profit for the year 1877.............$.109.416 84
Id Profit and loss .......... 58.606 28
re Dividend. June
30. 1877.........$25.000 00
)o. Dividend, Do- ch
comber 31,1877. 25,000 00- 50.000 00 fa
ht Balance................... 809 56- 109.416 84 18
at ASSETS OF THE COMPANY AT THEIII Fi
y; MARKEI VALUK M
- Cashin bank ............. $58.06516 RI
Real estate............... 118.2786' Er
id United States Gold Bonds.
d, Now Orleans City Rail
road Company. Jackson Fi
and Great Northean Rail- M
)s road Company (1st mort- RI
- game bonds). Bank and
Insurance stocks and Ti
Louisiana State Consols. 195,890 42
Bills receivable (for pre
r. miums) .... .......... 11,429 88
%c First mortgage notes and L
in pledge notes ............- - 166.52 84
s. Premiums in course of col
' lection..................... 70.210 94-5619.895 40
4 The above statement is a true and correct
transcript from the books of the company. L
nd J. TUYES. President
wre J. W. HINCES. Secretary.
ire Sworn to and subscribed before me, this six. L
75 teoenth January. A. D. 1878. C
for JOHN LARESCHE.
Third Justice of the Peace, B
At a meeting of the Board of Directors held L
on the tenth instant. It was resolved to pay the I
semi-annual interest DIVIDEND OF FIVE FEB
CENT on the capital stock to the stockholders,
or their legal representatives, on and after the
J. W. HINCKSB. Secretary.,
New Orleans, January 1o, 1878. t
Ernest Merilh. H. Gally,
Charles Lafltte, Ant. Carriere,
Charles E. Schmidt. Jules Aldige.
Charles J. Leeds. W. A. Bell, t
D. Fatio, Pierre Poutz.
A. Schreiber. Jules Tuyes.
I'HE LOAN OFFICE, a
a ............B aronne street........... I. 1
Between Canal and Common.
Sjally Opposite Grunewald Hall.
IN PRICE OF
LEA & PE1RINS'
PRONOUNCED BY EXTRACT
of a LETTER from a
CONNOISSEURS MEDICAL GENTLE
MAN AT MADRAS to
TO BE THE his brother at
"ONLY GOOD Tell LEA& PERaINs
SAUCE, " that their Sauce is
' 1 highly esteemed in
India. sadis, In my
And applicable to ndis in m
oAnd poinion, the most
n palatable as well as
EVERY VARIETY OF aa his W wl
EvEY VAET. the most whole
sI, nsome Sauce that is
Thus Giving the Consumer Not Only
the Best, butthe Most Economi
Signature on every bottle.
JOHN DUNCAN'S SONS,
9 College Place and 1 Union Square,
no27 ly NEW YORK.
1 ULLER ~t PIESTEIR,
1TAVE REMOVED FROMI OPPOSITE LA
S dies' entrance of the St. Charles Hotel to
135 COMMON STREET.
We will be pleased to have a continuance of the
patronage of our many customers. ocl9 Im
Is acknowledged to be the
BEST AND CHEAPEST OF ALL
It is manufactured with BORAX, free of atr
Patented and manufactured by o
J, H. KELLER,
-api ly 110 Gravier street,
R. M. & B. J. MIONTGOMERY,
CORNER OF CA1MP AND POYDRAS STREETS, NEW ORLEANS,
Open and ready for the Fall and Winter Trade
with the Largest and Cheapest Stock
in the South.
FINE PARLOR SUITS,
IN SILK, SATIN, COTOLINE, REPS AND HAIR CLOTH.
FINE B EDROO1M[ S UI TIP,
In Walnut, Mahogany and Rosewoold, with French Plate in
Armoirs and Dressing Cases.
FINE DINING-l OOM, HA-ILL
And Library Suits, Fancy Cabinets, Stands, Desks, Tables and Chairs.
- AN ASSORTMENT OF -
FRENCH PLATE MIRRORS.
A full line of Office Furniture. A large stock of Medium and
Common Furniture, suitable for the country trade.
mha tf GOODS DELIVERED FREE OF CHARGE.
Ngw OnLaANs. May 22, 1878.
The Trustees, in conformity with amended
charter, submit the following statement of af
fairs of the company on the thirtieth of April.
Fire premiums ............5180,751 16
Marine premiums-..... ... 36,729 15
River premiums........... 82.136 o0
Earned premiums, less reinsurance
and return premiums.......... 228,931 82
Losses paid and estimated,: y:
Fire losses ........ $44,424 27
Marine losses..... 12,199 00
River losses....... 40,635 96
discount in lieu
et ............... $59.291 28
Less rents, salvage
savings, etc ..... 21,629 80
37,661 43-- 134,920 71
0 Gross profits ..... .................. $94,010 61
The company have the following assets:
Bills receivaole ............. $39988 67
Loans on bond and mort- It
gage ............... ... 44,707 80 O
$84,696 47 h
Loans on call ....... ........ $70,315 35
Cash ........................ 63.126 63
City ~b onds ................. .......... 83.117 20
Bank and other stocks ............... 59.186 69
d RB.al estate......................... 112,176 91 p
E Premiums in conrse of collection and
B suspense account.................. 83.992 19
s $506,611 37
The above statement is a true and correc
transcript from the books of the Company.
THOS. A. ADAMS. President.
HENBY V. OGDEN, SR.cretary.
Sworn to and subserihed before me this
twenty-second day of May, 1878.
The Board of Trustees this day resolved that
after paying the annual div:dend of TEN PEE,
CENT on Capital Stock of Company, that s
dividend of TWENTY PER CENT in cash be
paid on Monday, June 10, to those parties en
titled to receive the same.
Thos. A. Adams, Jno. E. King.
Sam'l B. Newman. Fred'k Camerden,
Sam'l H. Kennedy. Joseph W. Stone,
John Phelps, George Martin,
Adam Thomson, Alfred Moulton,
Henry Abraham, L. C. Jurev.
Victor Meyer, Fdward Nalle
Joseph Bowling. Goo. W. Sentell, C
Edw'd J. Gay, Paul E. Mortimer,
Simon Hernsheim, John V. Moore,
Simon Forchelmer, W. B. Conger,
Jos. B. Wolfe, Henry M. Preston 1
a R. B. Post. J. J. Irby
E- Edw'd Pilsbury, Reuben d. BuPe f
to mv2z Jno. M. Parker. c
'. IMPERISHABLE FRAGRANCE.
in Murray & Lanman's
E The richest, most 1
S ~ilasting, yet most dell- I
ly ~ate of all perfumes for
nse o, the HANDKER-1
CHIEF, at the TOILET
r and in the BATH, de
lightful and heairhful in the sick room, relieves
weakness, fatigue, prostration, nervousness
and headache. Look out for counterfeits; al
ways ask for the Florida Water prepared by the
sole proprietors. Messrs. Lanman & Kemp.
For Sale by Perfumera, Druggists and
Fancy Goods Dealers.
au28 eod 6m
BRANCH, CROOKES & CO.,
' SAW MANUFACTURERS.
- DEALERS IN -
MILL AND PLANTATION SUPPLIES,
ISO1....... . .Gravler Street. ...........180
jy 2dv tf
W. W. SHARPE & CO.,
No. 25 Park Row, New York,
Are authorized to contract for advertising in
this paper, nost
FACTORS AND TRADERS'
37............Carondelet street........... 37
ASSETS APRIL 30, 1878, $1,288,316 14.
ED. A. PALFREY, President,
JOHN CHAFFE, Vice President,
THOS, F. WALKER, Secretary,
John I. Noble. B. F. Eschelman.
John Chaffe, W. C. Black,
Richbard Milliken, Charles Chaffe,
J. I. Warren. L. C. Jurey,
Samuel Friedlander, Wm. Hartwell,
A. A. Yates, C. J. Locds,
R. M. Walmesley, A. T. Janin,
A. H. May. Joseph Bowling,
T. Lylt. Lyon, A. M. Blckham.
Samuel H. Boyd. Henry Abraham
Joseph McElroy, Louis Bush,
Wm. J. Behan, A. Brittin.
st G. W, Sont'll.
ROBERT E. LEE
THIS STOVE HAM JUST BEEN INTRO
Lduced in this market. It is manufactured
in Georgia, and is presented to the public as the
equal of any Stove on this market for all house
hold purposes, with a full guarantee to that ef
fect. while it i sold fully TWENTY PER OENT
CHEAPER, by the undersigned,
JAMES 1H. REYNOLDS,
General House and Steamboat Smith,
Plumbing. Gas and Steam Pipe Fitting, Stoves.
Ranges and Pumps.
90 ........... Baronne Street .......... 9
Between Union and Perdido streets,
ap181- NEW ORLEANS. LA.
TO OWNERS OF SWINE.
All who wish can send their name and address
to the undersigned, and
CIRCULAR WILL BE SENT FREE.
We have no "PATENT MEDICINE" or "POP
ULAR REMEDY" for sale, but we can tell you of
A SIMPLE AND NATURAL EARTH MATTER,
which should always be in the hog pen, or ac
cssitbl. to them, and of which they eagerly Pat,
which KEEPS THEIt IN PERFECT HEALT5i.
and sutplies the great want of health iri the
corn diet. It is the natural "roughness" that
hogs rerquire to keep off diseaser'. It has been
proved that hogs can be kept healthy and fatten
fast by giving 'hem aoeses to Earth Matter.
ot which they will ea' all that is required to keep
them in perf,ct health.
Sole Agents, J. SHERMAN & CO..
130 N. Jefferson street, Chicago, Ill,
- ALSO USE -
OMAIIA RHUBARB WINE,
A valuable aid in case of
Indigestion and all Stomach Complaints,
A Purifier of Blood.
This wine contains in an agreeable form all
the medical vroperti-s of the plant from which
It ts expressed, the valuable qualities of which
- are well known to physicians.
rI Experience has afforded the most ample proof
- I that this wine possesses all the fine aromatic
and stomachic properties for which the plant has
- been esteemed. Its benefits are decided and
healthful. Its use Is strongly recommended to
3 persons attending sick rooms, as it is believed
to be a preventive during prevalence of fever
and other infectious diseases.
Put uv in pint bottles, champagne style, with,
two dozen In a case.
I. L. LYONS,
iy2ly NEW ORLEANS. LA.
WOOD! WOOD! WOOD:
CONSTANTLY RECEIVING PER HONEY
Island line of steamers, J. F. Fraser. Jose,
phine and barges. At wholesale and retail.
Honey Island Wood and coal Yards,
No. 875 Julia, near Magnolia Bridge, New Basin,,,
also at corner Carondelet Walk and Maraie
street, Old Basin. Main office. No. 158 Common
street. P. O. address, Lock box 1080.
Wood delivered to any part of the city.,
Oak Wood. per cord (best) $..-.- 65 5n,
-Ash ........... G 6c
Oak and Ash mixed, per cord..........- . 6 00
Liberal discount made to dealers, Fnll meas.
ure and aatisfection trnar'fntlPd. dec2 tf
ATTORNEY AND COUNSELOR AT LAW.
No. 196 Gravler street,
my7 NEW OBLEANS, LA