,e past twenty.one years.
{"newspaper_name": "The New York herald.", "edition": "01", "page": "p2", "byline": ""}
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Isss 1899, I7,h I7'h 1s.f. 49, November astG


sa, 49,! s:s I:s u.s. u.s. December ai's sss


sss. Iss,. !" 1s'S lss 1884, November 18th


The canals must, however, close very sosn, and 30
must the river and immense quantities produce will be
arr ested in its progress to the seaboard markets We
shall be cut orom the interior during the close Of ma
vigaon and supplies from the west must seek outlet
Boston The Western Railroad will do larger freight
ing business this winter than has before, and the
merchants of Boston will reap the benefits active trade
in this important and necessary staple will give them
and the stockholders in the rail roads that section OF
country be benefited by the increased business the
various lines. The merchants of New York will feel
the want Of rail road from this city to Albany or
road connecting this city with Lake Erie, more this
winter than they have before. Prices for bread
stus in this market must rule very high from this time
to next harvest and the absence Of suppes will be very
much felt by exporters and The latter class
particularly, will feel the effects of small stock
In the hands of spectators, and shipments will,
q natural consequence, be more restricted than
they would be in the event of full supplies. The
portation Of -four from New Orleans to foreign ports.
this year, will be larger than in any previous year
From the lst of September to the 10th of Novem-
ber, the exports Of -four from New Orleans amounted
to s524l barrels, against 23667 for corresponding



22el6 barrels were shipped to foreign ports being
within ISL barrels of the total export for the time
last year. The receipts of flour at New Orleans this
season. othe 10th inst have been l2 s25 barrels against
,63 to the same date last year New Orleans must,
from its position the outlet for most of the products
the valley Of the Mississippi, be q very large exporting
port this year for the agricultural productions of that
section, independent of cotton. The communication
between that port and the interior of the western coun
AIx o~:-k
early in the spring usually larger than at any other
time Tho farmers Of the west generally very busy
until late in the winter getting their crops into the
ground and their old crops out of the straw and get
time to carry their supplies to market until quite late
The receipts therefore, at New Orleans do not begin to
be very extensive until towards spring. whe the ar
rivals usually immense. The receipts at this port
from New Orleans this winter will, without doubt be
large but not in proportion to hat they have been in
former seasons, supplies will 60 to foreign ports
more tdirect Tho shipments from New Orleans to
Boston this season, far have been more than three
times as large those to this port


The Canals opened early this year; little earlier
than last and about two weeks earlier than the year be
forethe navigation has therefore, been longer this
than in either of the previous two and the amount
Of merchandise transported must have increased very
much The value of agricultural products received at
tide water in 1874, ssl o55. of which 50 800 91s
in four being 800 2oi barrels at average price
Of 81 per barrel This year the receipts of flour will
not be much less than 1000 o0o which, at average
value of $5 60 per barrel would give aggregate value
OF s6 500 ooo increase of about six and half mil


on of dollars on the aggregate of last year. The ro
cept Of wheat last year, at tide water amounted to
2io bushels valued at e6 per bushe making
aggregate of 81 2l75o This year the receipts will not
vary much from 900 bushels which, average Of
ST. IS per bushe will amount to 81 500 oso, than





value Of thee two articles of breadstus received at
tide last year. $il all g. against an estimate
Of aggregate this year of 900 being total in
Of nearly nine millions of dollars in one year
The value of all these agricultural products brought
tide water the canals Of this State this year. will
be much less than $2a 900 00o against SI2 6l6 last
year.


The immense receipts of produce this year will
not benefit the consumer much, the external de-
mand takes of the surplus, which will re-
duce the stock very rapidly when the supplies
cease The foreign demand is at present limited,
compared to what it doubtless will be before spring
opens The high prices and great scarcity of sound po
tatoes will increase tho consumption of -four among the
middle and higher classes Of society and consequently
increase the price. THIS market, through the winert
will rule very high, and it is present opinion tha
shipments of -four will be made from this port Liver
pool and London, at prices full dollar pc barrel
higher than those ruling


The southern papers begin to complain loudly Of the
depressed condition of their cotton markets. and predict
much Distress SC, among the planters, from the low
prices of their staple. It is the prevailing impression
in this market that quotations for cotton n Europe will
reach lower point than before experienced This
will be caused by the increased production we'll
by the deficient harvess in Europe The cultivation Of
this article excee ds much the consumption that under
the most favorable prices must have ruled
low Had the harvests of Europe been equal
there must have been decline in prices for cotton
the annual increase in consumption does not keep pace
with the annual increase in production. The current
estimates Of the extent Of the crop coming in vary
from 2460000 to 100000 bales. The latter estimate
with the stock of American cotton hand in Liverpool
on the lst Of September, will give q supply of about
bales for the year ondng September s ls46 In
the face Of this stock cannot conceive how il be
otherwise than that prices should touch very low point
The immense supply Alone consider sufficient to do
press prices but when take into view the effect upon
the consumption of this staple short harvest mus
have, is impossible to resist the conclusion alluded to
above II would not be beyond probability to estimate
a reducnn of Ave dollars per bale the present stock
and the crop, from last years prices which will
make aggregate decrease in the total value OF sup
plies Of at least sixteen millions Of dollars equal to tho
aggregate value Of moro hon millions Of barrels Of
-four and equal to than the advance on every bar
rel Of -four produced in tho country.


Old stock Exchange.


$4,000 5000 Reading ss Bonds ~ e. g Trust IL
sSSS 1900 r'"' ds p SO 7sx Is DO D" "a
Sec OH. &. /. dom boo 8, s:H''.P RR boo IS
Sssb. S."y N Canal Bk a 100 do b,o 7sR