The New Orleans daily Democrat., 1877-12-20

Commercial and Financial Matters.
The bark Toleomo cleared yesterday for
Queenstown with 6s7o sacks OF oil cake.
The British steamship Consett cleared yes
terday for Bremen with .o2e bushels OF corn In
bulk. -
The steamship City Of Mexico, which arrived
here yesterday brought si7.s53 in specie from
Mexican ports.
The receipts of hogs in Chicago during the
week past amounted to 243. .s5l head. against lel'-
e0ls In the corresponding week last year,
The leading bankers Of Milwaukee nave
united IN circular to their country corres-
pondents. notifying them that after January
the rate Of interest on balances over $4,000 Will be
reduced to . per cent.
Thare are over a hundred milionaires in
PHILADELPHIA the richest OF whom are Asa
Packer worth $4,000 600: Don Cameron. worth
"A $40. 900. and his father-in-aw, together with
Charles Thompson, Jones and Bemble, s30oOooo
each.
The stocks of raw sugar in Boston, New York.
FIU "SbN '"~ 'D''~''~
comparative dates: December -, 1877. 62,A4s
tons: December IA, 1875, 2o,sil tons; December
1e, 1876, 1900 tons
The elearings in Chicago last week footed UP
$9tp7s.eog 7s: those of New Orleans during the
same period amounted to $13595 7O4. which. con-
sideripg the commercial pretensions of Chicago
and her large superiority in population. pre-
sents very favorable showing for our city.
t.
Messrs Hildreth and Tighe are the latest shin
ing lights Of rascality that have loomed up in
New York city. They lived at the rate of $4,000
a year on incomes OF $4,000. and are charged
with embezzling from forty to one hundred
thousand dollars. They were collection agents.
The total taxes paid the government on chew
ing and smoking tobacco, cigars and snuff dur
ing the last year by Cincinnati was si,576,20s 9s,
In comparison with 81 .555 81: In Covington
and Newport s554.O35 "a, compared with $685.
4s0 20, and In the three cities S2.1302A 80. COM
pared with 50, .ooe OF in the preceding year.
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The old saying. that ''out Of evil one can
always educe good' is pleasantly exemplified
by the present condition of the provision mar
ket Thousands Of good people are now living
In reduced circumstances; but they have some
satisfaction In knowing that the necessaries of
life are cheaper than they have been for many
years.
Coffee. Of late. has been coming into this
port from Rio de Janeiro quite freely. and the
aggregate receipts of the fragrant berry. thus
far, Is greatly In excess Of those during the
same time last year. Yesterday the brig Hen
rike, from Rio reached here with 1000 bags OF
coffee, being the fifth cargo Of the same COM
modify. and from the same port within the past
week. We are glad to hear that orders from
Westernlbuyers are beginning 10 come In quite
freely and that the Crescent City bids fair to
resume her old position as great coffee mart.
In this connection we take the following from
the financial article of the St. Louis Republican.
of the 18th inst, which shows tina: the new
direction OF the coffee trade Is producing its
effect:
There was an unusually active demand for
New Orleans exchange, in q great measure in
duced by the sale here of the notes Of st. Louis
grocery merchants who have been buying coffee
in New Orleans. The notes are discounted
by New Orleans banks and then sent here for
redscount exchange on New Orleans then be-
ing in demand as the most convenient means
of remtting to that city. The quotations were
slightly advanced by this demand. and some Of
the banks charged Il p cent premium. the usual
rate being u"