The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-22
COMMERCIAL MATTERS.

Kelly's Island Port at 68 Camp street.
COMMERCIAL MATTERS.
Philadelphia whisky dealers who had bee
purchasing crooked whisky, got scared las
week and emptied the illicit ire-weter fror
the barrels into large tanks, and thereby save
some millions of dollars for themselves.
Brazil got into tight financial situation
the other day. and authorized an extra issu
of paper money. Now that she has got int
this businhss, she will be chronically on tn
ragged edge of impecuniosity.
The country is said to be in . very impecu
NOUS condition, and yet four thousand PEG
pie left in the steamers from New York las
week for summer rambles through Europe
The New York Herald estimates that at thi
rate &c, 900 people will take the trip durinf
the summer which will drain the country o
$28, 600, 600, counting the expenditure Of eacl
person at $400. This is the way the money
goes. Among the distinguished departures
were Mile. Aimee, Miss Nelson, Koopmans
chap, of Coolie notoriety, Mrs. Lippincot
| Grace Greenwood), and several English mil
itary men. Strange to say, there were 9
number OF young ladies on the steamers who
were going unattended to Europe. They
we're American girls, and proposed to take
| care Oh themselves.
Some InteTe sting Figures.
Certain deductions in q recent German
| magazine are of q nature to interest social
scientists and insurance men, and almost
everybody else, since they indicate that the
| sixteenth century the mean duration of life
in Geneva was 21.2l years; now it is nearly
doubled. In England the mean duration Of
| life has also risen at notable rate. In 1893
the government made large profit by bor-
rowing money on terminable annuities based
on the mean duration of life at that time, but
later loan, based on the same terms, proved
loss to the government In Rome, in it's
palmiest days, the average duration of life Of
the longest-lived class was only thirty years,
while in England to-day the average life is
about forty years for males and forty two for
females.
OF course the better classes live to more
advanced age than the poorer. Luxury is
harmful, but not SO bad as privation. No
figures regarding the duration of life in the
United States are given. The country is not
old enough to show such marked contrasts
in dates. One remarkable feature of the
English statistics is that ennuitants live
longer, as rule, than other people, the cause
being unexplained. It is easy to imagine,
however, what this cause is. The annuitant
is certain of q competence; he is not haunted
by the fear of trouble in q monetary way, and
need not engage in the struggle for bread.
Hence comes the placidity and calmness of
temperament which lengthens life. 1t is
worry which kills.-&. Louis Republican,
Municipal Indebtedness in New York.
statement of the financial condition of
twenty-four of the largest cities and towns of
New York affords an interesting illustration
rs khav 01evv hohs nr 80 1oh<
aggregate valuation of taxable property of
these cities is 81, 500 535 900; their aggregate
annual taxes for State. county and municipal
purposes is $50, 429, 900; or about 81
per cent; their aggregate debts are |
$175, 657, 900, or about IL per cent of |
the valuation; the average taxation per
capita of the population is $21 IS; and the |
average debt per capita is SIS 80. The rate
Of taxation in some of the cities is enormous;
in Brooklyn it is 81 per cent; in Buffalo it is
). IA per cent; in Albany it is 4 81 per cent
IN Troy it is 5. IA per cent; in Syracuse it is
) "a per cent. in Utica it is 6.93 per cent !;
hese cities has increased from $105 993, 900
n 1870 to SITS, 657, 900 in 1875, or nearly
even-tenths in four years.
The Price Of Grain.
[Chicago Tribunel
The country can hardly fail to be struck
With the anomalous condition of the grain
market at the present time. The price of
rain in Chicago is higher (freights included)
han in New York or Liverpool. And this
90, Notwithstanding the warehouses of this
ity are packed to their utmost capacity. The
,rices for June and July delivery show q
LIBERAL advance on present prices. In the
Meantime, New York dealers treat the matter
s if the grain was held here on speculation,
nd that Chicago dealers were seeking to force
be purchase at fancy prices. Never was
here more serious mistake. This grain is
lot held here by spectators. 1t is in store
lere on account of the owners who live in the
ountry and not in the city. {
These men own the property, and are able
D hold it. They have reached the conclusion
hat q large area of winter wheat has been
illed and the ground plowed up; that the
pring was SO late that far less grain of all
inds has been sown this spring than usual; ]
nat the winter, though unusually severe, =
lied to destroy o. materially reduce the
rashoppers, whose depredations, ALREADY j
egun, will this year be extended over more
astwarily section of the country, and that
" these and various other reasons there will
9 generally Q much. reduced crop in 1875. j
pom this basis the owners of these manyl
lillions of bushels of grain in Chicago are
Gliding it for the advanced prices which they Q
'el certain will prevail this year.
The East makes another mistake in sup
osing that Chicago can not carry grain for
ny considerable time, but must forward it j
u sale. The time when that was the rule
IS gone by, and every day the rule is getting q
roDger which requires that he who wants to j
Nv grain must come or send FIR IL Exconk 4