The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-03-14
COMMERCIAL IATTERS, Etc.

Gift Of Money in a Bank.
An Interesting case IN reference to the rightf
Of parties to deposit in bank was recently de-
cided in Maryland. An account was opened
in savings bari to the creditlof "James
Cannon. SUBJECT t0his order, or to the order
Of Mary E. Cannon" bis daughter; and money
from time to time was thus deposited. Upon
the death of James Cannon, Mary E. Cannon
claimed that her father, in his lifetime, had
given her the book of deposit with the money
credited therein, to be held by her in trust
for herself; and her brothers and sisters.
The only mode in which money could be
changed from one persons account to an
Others in the bank, was "by payment of the
one account and new deposit in another &C.
count" Upon bill fled by the administra-
trix Of James Cannon, claiming the money in
bank as belonging to his estate, it was held
that the deceased had not parted with the
legal dominion and control over tt % money
standing in his name in the bank, because it
was there tubje,t to his order or the order of
his daughter; nor did the delivery of the book
Of deposit constitute delivery Of the money,
and the complainant was therefore entitled to
it as Of the estate Of the deceased. 1t has,
however, been held that the delivery of GER.
ti6cates Of deposit operated IS good gilt, al
though not presented until after the death OF
the original depositor.
B0nanZas In Oregon.
Baker county, Oregon, appears to contain
nest Of bonarzas, which, according to current
reports, are Of immense valuai Three speci-
mems were recently assayed chat give indica-
tions of great wealth in the mines opened q
short time since. A gold specimen taken
from the Virtue mine assayed $500 to the
ton. The entire yield is reported to be very
rich, and will average fully as good as the
specimen. The best paying quartz is said to
be that taken from the Monumental mine on
Granite Creek, which assayed sl4O3 to the
ton. The specimen was from ruby-silver
quartz. taken from the bottom Of q shaft fifty
feet deep. A third specimen was from the
Heath district and also renders large per
cent of pure metal.
The great drawback to the thorough OPEN
ing Of these mines seems TO be the lack of
transportation facilities, Of the coming OF
which the new telegraph line is believed to be
the forerunner. The Portland, Oregon, Journal
says there are also valuable deposits in other
counties, aud further, that "when men be-
come willing to work mines which yield hem
four to five dollars per day, thousands OF
them can be accommodated in that region,
where acres of wild lands need only the hand,
to work them. A great many Cinnamon are
now working such claims; and some day,
when that country is brought into close and
highways of the nations traffic, thousands OF
honest laborers will make those lands yield
money not to be sent to an empire from which
It never returns.
Files Manufactured by Machinery.
A Boston party has succeeding in inventipg
. process for manufacturing steel files BY.
machinery, which would appear to dispel ex.
listing doubts as to the practicability of the
undertaking. The machinery is constructed
in manner that makes the process of manu-
facture an identical imitation of the process
of cutting by hand. We have seen no state
ment as to the number of files that cam be
produced in any specified period Of time, and
consequently can give no estimate of the ad-
vantage Of the machine over the hand work in
this respect, but it is certain there would be
but little notice taken Of the invention unless
it contained this advantage. machine of
this kind. ifs complete success, will certainly
reduce the price of files.
Gas Machines and Insus ance.
IN. Y, Bulletin
The high price Of coal gas, the generally
arbitrary conduct of gas companies, the bad
quality of the gas they frequently furnish,
and the offensive abuse of their corporate
privileges have forced upon the public the
question-how can they best escape these ex-
actions and annoyances and economist their
lighting expenses. A very extensive relief
has been found in the use of kerosene. In
Brooklyn, we should judge that fully one-half
of the stores have adopted this oil in prefer
ence' to gas, and in private dwellings q like
change has taken place, but perhaps not
to an equal extent; and the result appears in
. light which puts gas entirely IN the shade
and in q saving of two-thirds of the former
expense. So we'll pleased are consumers with
the result that they probably could not be in
duced to return to the use of gas if the COM
panies were to reduce their charges for it by
one-haif. This is fair specimen of the way
in which the abuses Of monopolies work out
their own punishment; and the penalty in
this case is most serious one, as it cannot
fail to ultimately reduce very largely the
value Of their Investment
There is, however, limit to the extent to
which kerosene can be used as substitute
for common gas. It can not SO we'll be used
in large buildings and in factories, owing to
the trouble Of trimming the lamps and to a
certain amount of danger from carelessness
where such matters have to be trusted to en-
ployees without oversight. The same sort of
objection Is fell by some of the large store
keepers aud I'LL more by families occupying
large and veil furnished residences. These
classes prefer the use of gas for it's greater
cleanliness and convenience. To such con-
sumers the only relief offered is in the use of
gas supplied by the gasoline machines, to.
which, uuder the circumstances, much atten-
ton 10 being directed. These machines are
fixed "a the dwelling, store, or factory at
moderate outlay. and supply gas through the
ordinary fixtures. The quality of the light is
far superior to that Of coal gas, involves no
more trouble thnn It does, and, for the amount
of light furnished. Is far cheaper.
An idea haD prevailed, however, tina. the
use Of gasoline is more or less dangerous, and
q the public fsvulsion against the use of COM
mon Gus has brought larger number of these
machines into use, the insurance companies
have found it necessary to examine thoroughly
into the question Of the danger attending the
use of this kind OF light The National Board
Of Underwriters recently appointed special
committee to inquire whether the use Of gas
increases the hazards of insurance.
The. report of that committee is now before !
M, and shows that, after careful and scien-
fiffc inuuirv the conclusion was reached that |