The following excerpts from Dun's
Review of Aug. 20, showing general
and market conditions at New Orleans,
will prove of interest:
General Conditions-General condi
tions in this city and vicinity are
favorable and the outlook for an un
usually large fall trade is good. -The
spring and fall trade of 1903 was the
largest this city ever had. Merchantl
in all lines report their sales fully ur
to what they were the same time is
1903, notwithstanding that during the
months of April, May. and June
country merchants were disposed tc
buy sparingly until the outlook for
the cotton and sugar crops had become
more assured. Conditions in the
sugar section have been unusually
favorable and the present outlook is
for a large yield of sugar. The cottor
crop of Louisiana and Mississippi is
in good condition and the outlook for
a large crop in these two states ap.
pears to be good, notwithstanding, the
fact that there has recently been at
excessive amount of rainfall. Exports
for the year ending June 30, 1904.
amount to $148,605,059, as againsi
$149,072,519 last year and $134,486,86`
for the year 1902. Imports for the
year ending June 30, 1904, amount tc
$30,268,474, against $28,888,274 for the
previous year.
Cotton-Receipts of cotton for the
season are 7,155,824, against 7,712,741
last year. The local stocks are 24,923.
Stocks at all ports.are 78,633, against
195,852 last year. Cotton has been
only fairly active, traders being dis.
posed to await further developments
as to the growing crop. Trading has
been of only fair proportions. The
market has been easier during the
past few days, but closes fairly steady
at a net losseof ten to fifteen points.
Spot cotton is unchanged.
