Daily Ohio statesman. [volume] (Columbus, Ohio) 1855-1870, 1868-06-25
FROM NEW ORLEANS.
lCorrespondence of the Ohio st.sesman.l
NEW ORLEANS. June u

correspondence OF the Onlo ObateSmAu.I
NEW ORLEANS, June II.
After hot and dusty spell we have had
showers and the city and suburbs have
freshened into new life.
Early on Monday morning last the CEN
tral wharf at Pass Christian was burned.
A large warehouse and considerable |
amount of freight were destroyed.
The New Orleans, Opelousas and Great |
Western railroad, or the Opelousas railroad, |
as it is familiarly called, is attracting much |
attention, in view of the proposed extern
sion, connecting it with almost the entire |
railroad system OF Texas. The company
propose connection between their pres
ent terminus at Berwick's Bay, and the
Houston and New Orleans railroad, which
terminates at the Sabine river, a gap OF 1853
miles. The company appointed commit
tee in May last to prepare full statement
of its liabilities and assets, the prospects
for the future, the cost of the extension,
and the probable effects thereof on the
financial affairs of the road. The commit
tee have prepared the report, in which they
announce that the total debt of the COM
pany is 50 574 1854, of which there is now
due, 1896, 1889. The value of the road, SO
far as now improved, and of its property of
all kinds, is $3,840,0O0, an excess over liza
bilities of s., ,265, ,30646. The cash earnings
OF the road are now about $1O,OOOa month
aga inst about $4,000 per month before tn
war. 1t is calculated that the road would
earn $2,500,000 per annum if the connec-
tion would be made with Houston, at which
rate it would, in less than three years there
after, pay its entire debt and the cost of the
extension. The President and directors OF
the company. therefore, propose certain
terms to such parties as will undertake to
fill up the gap. From Berwick's Bay to
the town of Vermilionville, distance of
63 miles, the grading of the road is nearly
completed.
The crop reports from many parts of the
State are highly favorable. The Clinton
(East Feliciana) Patriot, of June 13, SAYS:
''The late rain did incalculable good to the
growing crops. If not visited by drouth
this month, and there is now no prospect
of it, there will be large surplus OF corn
made. The reports in relation to the cot
ton worm have entirely died out, we be-
lieve, and all agree in saying that the plant
never gave better promise of an abundant
YIELD" A correspondent of the Bayou Sara
Ledger has discovered the "simon-pure''
army worm In his cotton, but entertains
the hope that it will not do much damage
now. The Pointe Coupee Echo of the 18th,
complains of the protracted dry spell, but
thinks that, at the worst, enough corn will
be grown for home consumption. The
Planters Banner of the 18th says: "The
crops on the road (from Franklin to New
Orleans), looked a hundred times better
than they did last year, but some of them
are somewhat neglected. There are marks
of improvement, and proofs on the whole
route that the people are determined not to
giveup the ship. The corn and cane of the
Lafourche generally look well. They have
had no such crops since the war. They
hope to raise an abundance of corn, pota-
toes and peas for home consumption. The
people are cheering up, and have much
higher hopes and stronger resolutions than
they had last year. The Lafourch country
Is evidently recuperating." Some cotton
bolls from an Opelousas plantation are on
exhib ition. There is noteworthy pros
pect of good yield of fruit in some Sec
tions.
The arbtrators on the part of the city
for estimating the value of the water works
for supplying the city with water, IN view
of their purchase, are preceding with their
investigations. The water works company
claim that the value of the property is
about two millions of dollars. The law
gives the city right to buy the works at
their real value, to be agreed upon by arbi-
tration, for which city bonds at per cent
are to be given, having thirty years to run
A large audience gathered at the Varie-
ties Theater on Monday evening to witness
the distribution OF the medals and diplo-
mas awarded to the Louisianians at the
Paris Exposition. A copy of the History
of the Life of Julius Cesar, gift from the
Emperor Napoleon to the public library Of
New Orleans, was also received.
The Firemen's Festival opened at the Fair
Grounds on Sunday. Thus far it has been
successful. The sports will be renewed on
Sunday next.
The local political situation is about as
muddled as ever. Trade continues dull.