The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1877-09-28
TRADE AND INDUSTRY.


Boston reports the boot and shoe
trade from the South as 30 per cent. bet
ter than last year.
THE New York dry-goods dealers re-
port an active business. Southern mer-
chants are buying largely.
THE monthly shipments of gold and
silver from Arizona amount to $270, 900,
or at the rate of about 50, 25O, 900 for
twelve months.
THE taxes levied upon the banks last
year amounted to 81 ,621 ,615 for capital,
S6, 5O4, $50 for deposits, and $3, 1O2, 061
for circulation.
ANagent who was sent to South Amer
lea to obtain market for anthracite
coal returns and reports favorabiy.
Shipments are to be made from Phila-
delphia.
The gold in the Bank of England has
declined SAG, 900, 900 in the last year.
The increase of specie in the Bank of
France in the same time has been
$23, 900, 900.
1T has been proved in Nevada and
other silver-producing States OF the
West that capital devoted to agriculture
pays better and more regularly than If
put into gold and silver mines.
INDIANA has 1886 miles of railroad
and $50 of side-track, the total assessed
value of which is over $50, 500, 900.
There are only six counties in the State
that have no railroads passing through
them.
MORE than double the quantity of coal
is mined and consumed in England that
is mined in the United States, and Eng
land sends abroad nearly as much coal
as is represented by the entire product
of the anthracite regions of this country.
THERE is being formed in Philadel-
phia new stock company, with CAPT
tai of $1,000, 600, divided into 100, 900
shares, portion of which is to be ap-
piled to the culture of silk in the rural
districts of Pennsylvania, New Jersey
and Delaware.
AMERICAN beef is seeking other cham
nels of transportation to Europe. A
| line of steamers is now in operation be-
tween Marseilles, France, and the river
Plata, in South America, for the pur-
pose of carrying frozen fresh meat.
There are two methods of reducing the
temperature on these steamers. One
by the evaporation of ammonia, the
other by the volatilization of ether. BY
the former process the temperature can
| be made so low that the meat becomes
sheeted with ice.
The -four manufacturers at Nashville
and other points in the South have re-
Gently established direct communi-
cation with Liverpool, via Port Royal,
S. c., which, it is said, enables them to
ship the production of their mills
to England at lower rate than here
tofore.
AN attempt is being made to introduce
American oysters into the English mar
ket, an experimental consignment hav-
ing arrived in Liverpool the other day
on the White Star steamer Adriatic in
excellent condition. The oysters, raised
at Norfolk, Va, are opened and placed
in a novel kind of refrigerated tub in
which they are transported.
The Real Estate and Taxpayers
Union of New Orleans announce that
they have discovered that only $S,000,-
600 of the 500, 900, 900 bonded debt was
| legally contracted. The remaining $14,-
900, 900 is said to have been founded
on an issue of bonds made subsequent
to the well-known act of 1852, in direct
violation of that, and against the will of
a majority of the people," and is de-
clared to be clearly illegal.