Daily Democrat and news. [volume] (Davenport, Iowa) 1859-1864, 1859-10-17

II - 80neTally Tem9JkeO among
wheat buyers that car load Of this
years crop weighs forty or 6.:yy
bushels more than a load of last
years crop. 1t is generally consid-
cred that $50 bushels are car load
but this fall it is no uncommon
thing for a car load to weigh 400 or
even AGO bushels.
WHITTIER TENDING. The bad
news abroad don't seem to effect
our grain market much. Every one
seems to think prices will 60 up
All are egar to buy. Wheat was
up two cents yesterday, and the
New York and Chicago markets are
eagerly watched in the expectation
Of an advance. Everything seems
to look that way, but then it mnst
be confessed that the wheat market
like love and politics, is mighty un-
certain" Still if we were specula-
tors we should buy wheat. The New
York Herald of the 9Th says:
The breadstufs movement, large
as it is, is not large enough to war;
rant the expectation that the Eastern
States will be fully supplied by the
close Of navigation.
That sjust the way the case stands.
There may be shipping margin
during the winter to Europe, and
the New York merchants are deter
| mined to have flu | store-houses be-
fore winter sets in. Hence the pro-
babiliess Of a speculative demand
before the close Of navigation. But
we shall see.-Rocktord Neaos.
The Missouri papers seem t. think
that Chicago is bound to 60 a ead
Of st. Louis, and tabular statements
have beed published going to show,
that while the former city has been
steadily increasing in business, the
latter has fallen of in trade. For
the year ending October 4th 100000
less barrels Of flour, and 100000 less
bushels Of wheat were shipped from
st. Louis than during the previous
year while in oats the same diminu.
ton has taken place. In whiskey
there has been 1900 less barrels,
and $50 less bales Of hemp. There
has also been corresponding falling
Oft in iron,near!y 1000 tons less hav
ing been mined. In all these products
Chicago shows heavy ADVANCE
Rockford Neacs.
MIsTAKEsIN PERCENTAr E.-Mis-
takes are often made by persons not
business men, in calculating percen-
tage. If a merchant marks his goods
for sale at fifty per cent. advance, and
33 l 3 per cent. be afterwards deduct
ed from the market price, he sells at
cost, because 33 l-3 per cent. Of
$3.50 is exactly so cents, the profits
marked on 81. II he sells goods at
25 per cent, above cost, and 'educts
per cent. from the bill for cash, his
profits are Is per cent, and not
20 per cent, as some persons at first
sight suppose. Goods have been
sometimes sold at a loss through mis-
takes in percentage.
BANKs OF ILLINOIS, Spring
field correspondent furnishes us
this morning with the most import
ant features of 4 recent decision Of
the Supreme Court of Illinois, in
relation to the power to tax the cap
ital Of the Banks Of Illinois. The
decision is in favor of this power,
and the tax is to be assessed upon
the amount of notes actually issued
to Bank for circulation. That is
regarded as the "capital" Of the
Bank. The suits which have brought
forth this decision have been pend
ing for some years, and if the
Auditor makes it apply to past years,
in which the Banks have paid nc
tax, it will put pretty sum in the
Treasury.
The WORM or SAN JuAN.-The
Baltimore Suns Washington cor
respondent. lon," in his letter of
the 28th ult., says:
The explanation which has been
received by the Government in re-
gard to the Island of San Juan, or
Bellevue. is very disparaging to its
value. Col. Lee, Of the topograph-
ical engineers, surveyed it some
time ago, and his report was that it
worthless in every point of view.
There is no water on the island.
But worthless or not, as it may be
to either party, It appears that
neither party has any idea Of yield
ing it. Mr.. Nugcnt. in his report,
represents the island as invaluable
for its safe and commodious harbor.
He spoke Of it as the key to the Gulf
OF Georgia and British Columbia.
SuLTANA SARsAFRAs.-Letters
from Geneva, Switzerland, announce
the arrival, in that city, Of one Of the
favorite Sultanas OF Abdul Medjid,
and a musician, with whom she
eloped. The Snltana has the odd
name of Sarsafras. She ia described
as being young and beautiful Cir
ca.sian, who lately was in the harem
of the Sultan. She was much priced,
and was covered with presents. As
she had a charming voice, she took
singing lessons from q director OF
the music Of the palace, an Italian
named Guatelli. One day, when out
driving (says the letter., she entered
: house leading to the Bosphorus and
disappeared with the musiciau, not
forgetting the diamonds and other |