The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-10-23
Commercial and Financial Matters.

Mr.. George Ellis, known throughout the city
and country AS the proprietor OF the extensive
news dunot opposite the POstoffice, has our
thanks for file Of the latest Western papers.
Tho famous old steamboat. Robert E. Lee, is
somewhat of business barometer as far as
cotton receipts by the river GO. Yesterday she
hrouoht to this city 4025 bales of cotton and 24G4
sacks OF cotton seed. Last week. on the same
day. her cargo was 4100 bales of cotton and 4101
sacks of cotton seed.
II is suggested by some of our mercantile
friends that those gentlemen Tho are making
should send TO the great cities at the North and
West for the constitutions and y-laws Of SINH
therefrom one that will suit the rtqnirements
Of trade In this region and city; that the next
step e be taken T. an application Tor cha Mt
is the regular rnodus operand and is. as we
understand it, the course Of procedure contem-
plated by the originators Of the present move
ment.
take OF the dull, leadened hue and ma ure of the
clouds. In fact there was little stir in our prin
eipa streets and marts Of trade The causes
dampened the ardor of q few of our hitherto
most hopeful and enthusiastic merchants and
thrown cloud Of d ubt and despondency over
the hopes they had cherished of the near sp,
proaeh 2f financial millennium. They should i. 9Ls
rsgai the facts leading TO this tate Of aff .irs;
state Of productions that the tributary water
courses are 10 ow and almost unnaylgable
greatly diminished; that the extent of our ice
crop was reduced by the septemb storm, and
that our eiop which even zen now promise as
from the sumo cause. The September flow
placed 9 very rye, progo ton Of the canes
these were to certain extent brought to semi
upright position by the succeeding, good
weather: but there Is no question as Q this v
Ing caused serious in eruption In the process
OF the maturing Of the can. Many pf our. plant
ers along the upper coat and In the contiguous
parishes commenced rolling some days ago. but
have had to stop their mi ls. owing to the want
of,saecharine matter in thei canes.
Notwithstanding these DELAYS In eur crops np
comparatively Of general business, there is a
good PROSPECT Of an early PROSPEROUS iu'ure'
hdent and hopeful spirit generally prevades our
commercial community.
Two thousand American business firms are
awaiting the official recognition Of the Iarls
ing for the exhibition of their goods.
When money is TO be taken from the Federal
treasury to aid Northern enterprise 1t Is called
giving the aid of the nation to work of nation
oil Importance Montgomery Advertiser.
Senator McCreery, in introducing his bill to
repeal the bankrupt law, said the law was six
teen years old and in the opinion Of the people
among whom he lives it is old enough to die.
Over twenty million dollars of gold yearly
passes over the gold balance scales In the Uni
ted States Mint. A new balances has just been
made. having a capacity of ten thousand troy
ounces (abont six hundred pounds) in each
pan. The beam measures five, feet six inches
in length. is mounted on agate bearings and Is
sensible to one grain when loaded.
Senator ingalls, has introduced bill in the
United States Senate to authorize the coinage
of the standard silver dollar, and restoring its
sllall be from to time coined at he minis Of the
United States silver dollars of the weight of
pF as Fr o nPs a a ysr to the S as IS
that said dollar shall be legal tender for all
debts. public and private. except where the pay
ment OF gold coin is required by law
Cotton mills will soon be a feature in the
South. The people Of that part Of the country
have been Griyen to look about them for en-
ployment and support, and will hereafter do
70 go into Eastera hand iss'f L the be hepnb
cans, had their old time working majority in
law weald be put through
and operate a cotton mill outside of the New
England States. The country is going TO the
bad very fast-tCin. Enquirer.
Boiler explosions. a French journal claims.
are sometimes attributable to an insoluble de-
post, composed chiefly of a ca cerous SOAP
which forms near the opening by the feed water
Manufacturers should take all possible precau-
ton to purify caleerous waters by means of car
Donate of soda: the filtration Of condensed wa
tiers by passing them through wool or felt The
deasing cisterPs, and frequent drawing off Of
the surface OF the water In boilers.
From statistics recently published by Norre-
gian, authorities the number OF horses per 1000
Inhabitants s, in the United States. 227 Russia,
2as: Denmark l5s Sweden 1os Apstro- Han
way. "a; Germany 80; France. 76 The number
OF horned cattle per 1000 inhabitants ls In Den
mark. es7 in Great Britain, 900. The number
Of sheep In Spain, 19ts: In Great Britain. s69;
In Belgium, ~. The number Of goats in
Greece, ola; in Great Britain 8 The number
Britain. 112; in Greece 90.
MI, ,;t;-o,, - Mov inc !, ,o ~, lua,.;..-
forward to the building Of the Austin Topolo-
vampo Hallway to the South Pacific, through
the productive states Of Northern Mexi 70. as a
on the Rio Grande. advance our system of over
land communication beyond Presdia del Norte,
aud encourage the Mexicans to diversity their
!, industries and develop their varied resources.
AZ protected by Mr.. Owen. this road coutem-
with Topolovampn. on the Gulf OF California a
distance OF nearly eight handred mil g.
The harvest in Turkey is reported to be finer
this year than for MANY years past. but cor
,afepm M hemet Ais headquarters. under dat, OF
September 49, says 1t is for the most part roting
on the ground TIE men are In the army. and
the force waited to garner the abundant crops
Is wanting The Prince OF Montenegro tenn
porarily disbanded his army. that the soldiers
might turn farmers during the harvest season.
bu the exigencies OF the Porte will not allow of
that diversion: and so the crops rot on the soil
where they have grown.
A process has been discovered by which ord-
nary wood has impaired to it the appearance of
walnut. adapted 10 the finest cabinet work. The
wood, first thoroughly dried and warmed, is
one part. by weight. of extract of walnut peel
dissolved In six parts Of soft water by heating
1t to boiling and st ring. The wood thus
treate dis. when half dry. brushed with solu.
ton of one part, by weight of bichromate of
potash in five parts billing water. and after
drying thoroughly is rubbed and polished. The
color is said to be fixed In the wood to the deph
OF one or two lines, and in the case of red beech
or alder, the walnut appearance is perfect.
German merchants at Montevideo have ad.
dressed memorandum to the Imperial Chan
Gerry at Berlin, wherein they point ont the gem
eral defects OF German manufactures and the
unpunctuality and want of taste are, according
to Them distinguishing features in German do.
ings. and hence the French and English sup
plant them. 1t is said that the finer branches
OF manufacture in Germany suffer very much
on account of the protracted military service