The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1874-10-18
New York Failures.

The rumor On Saturday that Messrs. l..
Roberts 4 Co., flour merchants, No III South
street, had failed. was contirme l. This fail
urc caused great surprise among all who knew
the house. The firm was generally supposed
to be wealthy. They had such steady trade
| for consumption, and their sales were SO gen
orally for cash, that surprise at their failure
was natural. 1t is stated that Mr.. Roberts has
been operating in Wall street, and though he
| is represented to have abundant assets in the
| firm of real estate, he had no cash means to
respond to all the losses resulting from these
speculations. 1t is the old story of losses re-
sulting from departure from Legitimate bust
ness. 1t is believed that the firm have ample
assets, and that time only is required to en-
able them to meet every obligation in full.
This failure should not be taken as an indica-
ton Of lack of safety in the general con-
dition of trade, for the regular trade of this
house has always shown good returns.
1t is generally -received opinion that the
estate of Hoyt, Sprague Il Co., will pay about
,, 80 cents on the dollar. The affairs of the
house are now in the hands of Augustus D.
/, Julliard, as receiver The liabilities Of the
concern are over $9,O00,O0O. We learn that
the Providence banks who are interested do
not anticipate more than 40 per cent in salts
faction of their claims.
It is understood that Patton & Co., the prom
inent Broadway dry goods firm, who suspend
ed some two months ago, have submitted a
proposition to their creditors to settle at 25
cents on the dollar.-N. Y. Republic.
The largest vaul.ed roof in the world is
claimed by vienna-that belonging to the
great exposition building. 1t is said to
cover nine times he space of the dome of St
Pauls, in London, eight times the area of the
dome of St. Peters, and seven times that of
st. Sophia, at Constantinople. This miracle
of architectural skill is 800 feet in diameter,
1880 feet round, and stands on ring Of
thirty columns thirty-six feet apart all round
the circumference. Within this ring of col
umns there is no support. The upper dome,
one hundred feet diameter, admits light by a
series of windows forty feet high and ten feet
wide between thirty columns which carry the
upper dome. The slope of the cone is thirty
degrees, and the length of the slope on all
sides is two hundred feet. The roof is formed
of three hundred and sixty iron plates, taper
ing uniformly upward from the circumfer-
ence to the apex of the cone. They are riv-
tied like the plates of q ship; each row of
plates covers one degree of the circle, and
each bottom plate is one yard wide between
the lines of rivets, and one metre wide over
the lap.
..That's where the boys fit for college,"
said the Professor to Mrs. Darlington, point
ing to a school-nouse. odd they?" said
the old lady, with animation. "Then, If they
fit for college before thay went, they didn't
fight afterward." yes" said he, smiling,
and favoring the conceit, "but the fight was
with the head, not with the hands. " ''Butted,
did they?" said the old lady.
The act of Congress of June, 1872, permits
the sender Of newspaper through the mail
to print or impress his name or card on the
wrapper but prohibits the writing OF any
thing on either the newspaper or wrapper,
except the address of the person to whom the
paper is sent.