The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-10-19
Commercial snd Financial Matters.

doHsn. Now gold is only lO2zs, and . dozen oil
eggs costs 30 cents as usual. But perhaps the
hens are too busy to read the quotations, and
haven't heard OF the fall IN gold.
0entlemsn's hats that last year brought IS q
piece. can now be bought for 81 so; whereas, it
atiyely barehesded. Bazaar.
The total proceeds Of the New York benefit to
Edwin Adams amounted TO nearly $4,000. Bene-
f3ts elsewhere added about $4,000 to the sum.
These figures will be lessened somewhat by Me-
Cessary expenses.
Beecher remarked ut his prayer. meeting on
Friday night thas the sentence Of the torger Gill
man has thrust him, Beecher, under cloud. y
- appears that Gilman married . daughter OF
Mrs. Perkins, Mr.. Beecher's sister, and he re.
CARDS il - almosta family Disgrace. It is really
lsmentable, - this seems to be the first time
that anything irregular has ever occurred In the
Beecher family.
A Pomeranian bank manager has committed
suicide because the institution he controlled has
failed. The cause OF the coilapse seems to have
been the discounting of doubtful bills, and there
IL great excitement at Stettin, where the bank
this side Of the water that public sentiment
could have existed which would drive to suicide
= bank manager who had committed the indis-
erection merely OF discounting bad bills. Before
bethousht himself Of America, where . bank
manager who fails under much more discredi able
circumstances il sure to be regarded by con
adorable part Of the community ~ an able
hnancier and worthy citzen-the very best
man, under the circumstances, to be continued
In charge Of the broken institution.
m. Theirs 10 said to have left the enormous for
tune Of 81 700, 600, and IL this really be the fact
there will be good DIAL Of wonderment ~ to
where IL al came from. He hadn't penny OF
p&trimony. His father, whatever might have
been his original status. became an army CON
tractor, and being obliged to retire from that
business for discreditable conduct, his children
were thrown upon the world. One became
courier, and applied to his brother, who scarcely
knew OF his existence, for he had been separated
IN childhood from the rest, for place, and was
provided with an Asiatlc consulshipl M. Theirs
had q sister, commonly reputed to be not much
better than she should be, who gave him deal
Of trouble. She plscarded over store which
lister, and tried by this means to induce him to
satisfy her demands. II il to be presumed that
n. THERE wealth il the result OF the very saga
cious investment of the moneys he derived from
economical life. Paris property hes risen 80
enormously In value in the past forty yesrs, that
purchases made In middle fife would very likely
have quintuped In value. Guizot did not leave
5000 year.
A Letter Delivered After Six Months.
The United states treasury q few days ago re-
ceived advices from the agent OF the United
edging the receipt of letter containing exchange
on New York amounting to $780, 900, sent from
the treasury to that agency in May last. The
mail rider bearing the dispatches was murdered
BY the Indians en- rou'e, and the letter was left
together with the other dispatches, on the scene
OF the murder by the savages. It was found re-
Gently by q scout and forwarded, after lying in
the pure, dry atmosphere OF that region nearly
six months in . perfect state.
Railroad Gazette.
The iron production per inhabitant in 1876 was.
according to the report Of the British Iron and
Belgium, 1T in sweden, 121 in the United States,
1917 In Germany, So In France, 81 in Austria,
and 1871 10 Russia. The total European produc-
ton appears to have been about LEO ID per head.
consumed elsewhere than in Europe. On the
other hand, this country consumes little more
than 1t produces, 80 that our average consump-
tion would appear to be considerably greater
than that Of Europe-which is altogether probs-
The Color Line in Vegetables.
[5an Francisco Chroniole.l
~ A company has recently been formed in this
city having FOR its object the furnishing Of fre
fruit and vegetables TO the people Of san Fran
cisco. The idea is to supply the place Of the
Ohinamen now engaged in this business, and give
employment to white men instead. 1t ia proposed
to deliver fruit and vege ables fresh every morn
ing in baskets at the same prices charged by the
Cinnamon, the advantage offered being to pur-
chase fruit and vegetables picked, sold aud de-
liyered by white men.
The Good Result Of stock Gambling.
[From the New York Public
The price of gold has fallen to 1929. II is now
lower than it was on the day the Legal Tender
act was passed, and has 40 diminished that all
the gold ct command constitutes Q reserve which
can be made available at trifing sacrifice. 'It
10 an i'll wind that blows nobody good" The me-
cessities of the great spectators in stocks have
compelled them to contribu 9 largely to cause q
decline in 9Na5w 1t is known that erling sixty
day exchs6gs exceeding two millions up to last Sat
nrday, and perhaps amounting now to three mill
lions, has been borrowed and marketed in order
TO force London capitalists and banks to carry
part of the load of stocks held in New York. The
bills must be met in December, but the imme-
diate effect OF thete operations, added to the
shipments OF grain and other products, IL to push
the premium on gold downward.
steam Facilities to Brazil.
IBy Telegraph to the N. Y. Tribune.]
WASHINGTON, Oct. 11.-Mr. Frederick Fraley,
of the Philadelphia Chamber Of Commerce, has
has had an interview with MIR. Evarts the Secre-
tary of State, In regard to the establishment OF
direct postal and commercial intercourse with
Brazil. He said that the Brazilian markets open
q large demand for number OF American
manufactured articles, but that owing to the
absence Of proper facilities the trade is carried
Oh tuIousu 1hBnsu Aoueoo' aHgiioen manu-
facturers are receiving orders from English firms
for goods to be furnished to Brazilian markets,
out OF which the English make at least 10 per
cent on their own account. Secretary Esarts said
Sthat it ia the imperative duty Of this government
To- advance the commercial and manufacturing
interests Of the country by q more liberal policy
Respecting foreign trade, and that this can best
be accomplished by the establishment Of ocean
postal routes under the auspices and fostering
care of The government.
FINANCIAL AND COMMERCIAL.
49, MONETARY,