The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-12-30

There are thousands OF our inhabitants who.
combining their walks abroad to few of the
most prominent boueyards Of our city never
deign to soil their shoes with the dust Of the
streets contiguous 10 our levee-that great bee
hive Of industry and commences, To such we
would give the advice to visit the river
'front.' assuring them that they will
now behold such IN immense aeeumula-
ton OF Eproduee az will astonish them.
and awaken them to IN appreciation of the vast
business capacity Of this great city. There
never has been period inee the war when our
evee has been SO mitch burdened with freight
M at the present time On the lower landing
there are thousands Of barrels of molassss
which. owing to the want Of room. have not
been assorted; and we have heard of oonsgn-
ments which, though received four and Ave
days ago, could not be got Mt or hauled away
The report Of the Bureau of Statistics Of the
foreign trade of the United States for the ten
months ending October 81 shows liberal bal
ance In favor Of this country, though some
what decreased as compared with last year.
The merchandise exports Of the United States
have increased sso. 600 900 and the imports about
s4s 900, leaving the merchandise value In
favor Of this country sis,oo0.ooo less than last
year. The net coin exports are nearly $40 100000
less than last year. The total balance in favor
Of this country Ia sl07 6et s4s, against 1886 s obe
for the same time last year. The balance of
trade in favor Of this country for the three
years ending December al will be somewhat In
excess of $500 600 which has probably been
corrected by the return of bonds to this eoun-
try, by which the nation is so much the
Weather, The following are the figures
1877. 1876.
Exports Of merchandise.
Imports Of merchandise
tgold valued ........- 1a,924oi2 3e4ei2.sa3
balance tmerehandse) ss2 G7g ps2 300, 2et .o12
Net coin exports I.ss...+- 2bnt2.ITB IA ,Na0t6iT
Total balance ...... s1n7 Gp1 p4T stg5. tg1 .05e
---s4-~
AZ reconstructed and recognized as valid. the
public debt Of Alabama Ia M follows:
On bonded debt Of 0g4. T19 80
Debt incurred since ] uly H. 1877 t.. 3o4t ,2oo 30
Debt incurred for railway COM 80
panies t.ta2. 800 90
Total. Observation-Disclosures 90 6ss, 423 90
Patton rett taratae. ........... 81 1866 90
Grand totpl. ..........-....s.....s e,7O5.67 90
| Upon this amount the State pays interest a.
follows:
On ~ aT2 23s 80 per cent. s1b7 444 "
On sb42 bno per cent ......,,......-.. 27l25 90
On 81 900, 900 per cent. ..........+.. 10000 oo
Total Observation-Disclosures. 1894, 500 n
| The State Auditor estimates the receipts for
next year Mt 5000 .ooo and the disbursements at
sss2,752. During the year ending September so.
1877 receipts for the year so34.5 500. and the
| disbursements $3.50. 6o4 Although values shrunk
during the year. and half mill was taken from
| the rate Of taxation. tho balance at tho end OF
| the year was greater than at the close OF the
previous year. This was entirely owing to the
economy praeticed In every branch Of tho State
government. This gave confidence at home
and abroad-a fact that is attested by the lise Of
40 per cent in the 2's and SIS and the absorption
by the citizens Of the State of the new per cent
bonds.