The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-23
COMMERCIAL MATTERS.

The recent failure of the old firm Of Wal
4sr Brown & Co., wool dealers, OF New lorx'
developes the fact tina. perhaps there has
heen preatar dapression il the wool trade
than il III st ott4r lines Of business. tx
peEses have been heavy ana pfo1iss nave
been very small
The Tudon cotton factory. Montreal. now
emnIovs D., har}ds, and so looms are in
operation daily. The weekly product amounts
to about G5, $50 yards, for which they iind 9
ready sale, their orders being ahead o: their
ability to manufacture. Nearly ~ .he Ianas
are Treuch Canadians, who have learned cot
ton summing in the United States.
Two lc,ge suits were instituted last week in
San Francisco against two Of the prominent
savings banks The actions are brought by
the State Controller, on behalf OF the State,
70 recover from theseveral savings banks such
of. the funds in their possession rs have re-
yerted to the State by reason OF the failure Of
neirs on the death Of depositors The Elber-
MIA Savings and Loan Society for 5000, OOO
and the French Savings Bank for. $3.50, GOO
The Phi!ad aIphia Commercial List says that
fully 80 per cent Of the vessels engaged in
trading between Philadelphia and ports il the
West Indies are behind in their ship chand-
lery b;lls-a result Of the long depression in
the Ocean-carrying trade.
Another 6s:icide Case.
The case Of the Home Savings Bank vs.
the Northwestern Mutual Life Insurance
Company came up again before Judge Treat
and jury in the United States Circuit Ccur
sitting in st. Louis last week. E. G. Rode!l,
an assistant teller in the Home Savings Bank,
committed q defalcation, in consequence Of
which he was discharged, He then went
with the Franklin Savings Bank. where he
was employed for some time. During this
period he took out two policies Of insurance
in the Northwestern Mutual Life. one for
$1,000, life plan, and the other for $500, ten
year plan, both Of which he assigned to the
Home Savings Bank, to make some reparatior
for his defalcation. While with the franklin
Savings Bank he took funds belonging to the
later. and specnlated with them. This was
discovered, and Rodell, overcome with re-,
morse, on the 9th Of December, 1873, poi.
soned himself after writing most
affactiopate letter to bis wife, re-
counting his crime, and asking forgiveness,
and implying, in the strongest terms, his de-
termination to seek his own death. The
plaintiff claims that he was insane, while the
defense relies upon evidence showing he was
sane at the time, among which evidence the
letter playo an important part. The $1,000
policy contained a provision making it void
In case the insured died by his own hand,
either sane or insane, while the $500 policy
contained no such pEcvision. Judge Treats
instructions were to the effect that if the
death was accidental, that is, not committed
by Rodells own hand, i. e., enthusiastically,
whether he was sane or insane, the jury would
fine !or the plair tiff, and otherwise for the de-
PENDANT, on the 5000 policy. As to the $500
policy, which contained no provisions on sui
eide or Insanity, the jury would find for the
plaintiff.
In compliance with these instructions the
Jury returned o verdict for kS2, 66S q for
plaintiff.
Baltimore Corn Exchange.
The annual report Of this institution shows
it to be in very prosperous condition, cad
that tbs trade Of Baltimore has increased
quite satisfactorily the past year, notwith
standing the prevailing dizziness Uniortr-
nately, however, for purposes of comparison,
We have looked in vain for the statistics Of
the exports OF grain, petroleum, and some
other staples lass important, for toe years
preceding 1874, which is q grave on ission in |
. report which should be an authority in |
such matters. Especially is such an omis |
sion singular in the very articles in which |
our sister city has claimed q marked increase
namely, corn, wheat and petroleum, during |
the past year. Receipts, however, show in |
round numbers 100 per cent increase in |
wheat over 1873, about 1000, 600 bushels in |
corn, nearly $50. 900 barrels in flour. while |
there is a falling of Of about $4,000 bushels
in oats. Receipts OF beeves have been 1885,
OOO, hogs 262 1000, sheep $4,000. The ex-
ports Of -four have increased over 100 600
barrels. nearly 500. 600 barrels having been
exported, and 5000, 600 gallons of petroleum.
Exports of hog products have fallen of
slightly, being II, 129, 969 lbs; Of corn 5.5l7.-
600 bushels, and Of wheat nearly 1000, 900
bushels The number of vessels cleared was
1923, and arriving, 1896, Of which about 80
each were steamers. The fluctuations in the
market for No. amber wheat were from
81 SO, the highest point of the year, on Jann-
ary IA, to 81 214, the lowest, on November l.
The highest and lowest of mixed corn were
74Ic in January and 934c in October. Oats,
zoe in April and SOC in August.
Insurance stock
The Hartford Comm Times. Of the 10Th
inst, gives the following as the quotations Of
stocks of the Farmers Insurance Companies
Of that city:
QUOTATIONS.-LITE INSURANCE. |
4Etna Lie .........4w WooO |
COutlnont8l Llto. ~ % q |
General Life. NEUTRALITY-SUSPICIOUS.. % al %
Hartford Accident. .................. " MlOO
Hartford Life and Annuity. .......... 6S a. %
Travellers Insurance Co. (Accident) .1G5 0Gl6S
FIRE INSURANCE.
ACtna. .ZOo WAlU
Atlas ..1O1 Nf102
Hartford ....''''''' ~" ~ ys-"1 |
Fhnnlx .!.o Ne!SS
National. 100 Wsio |
Orient 1872 0l,26
Connecticut Observation-Disclosures 2 Nr123