The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1877-10-06
Commercial, Financial and other
Matters.

Matters.
The mercantile agency reports thirty fail
ureS in Chicago during the month of Septem-
Der. The total liabilities amounted to so, 49,
49,
IS R. CT. Dun Il Co. estimate the total in
debtedness of this country National, State,
corporate and private-at 81 375 100000, the an
nual interest upon which, at per cent, would
be more than S43O,00O000.
San Francisco advices state that it is re-
ported In mining circles that the compromise
between the Sutro Tunnel Company and the
mining companies on the Comstock has been
substantially agreed to. The total amount of
dividends paid by Bonanza mines to date is
$50, 100000. The bullion shipments for Sep
TENDER were unusually large.
The Atlanta Constitution published recently
a table giving a summary Of tax returns for
the whole State of Georgia for the past year,
! from which it appears there has been an in
crease Of 2764 white and 544 colored polls as
compared with 1876; an increase of 43, s51
acres Of improved land decrease of $685.
g48 in the value of improved land; decrease
of S135,31 In the value of unimproved land;
aggregate value of wild and improved lands
this year $ss, ss3, 5l4; value of city and town
property, S5l 1863 736-a decrease of S2,9l6,3O1
since 1867; aggregate value of all property,
1926, 1853, 500 decrease Of $40. 200 since
1876
The war between the outnumbering Rus
SLAMS and the outtighting Turks seems to
to have had at least one good effect in this
country; it has caused farmers every
where to make preparations for greatly in
creasing the acreage of their wheat crop.
This Ia especially noticeable in Kentucky, and
the impulse, without doubt, extends to the
farmers in every part Of Whe Union where
wheat is an available staple product. Let us
hope that bread will be cheaper next year
than it has been since 1860. and SO remain.
According to the official report of the traffic
of the Pennsylvania railroad for the month of
August, and for the past eight months OF this
year, as compared with the same period for
1876, Ii is found that on all lines east of Pitts
burg and Erie the traffic for August of this
year shows a decrease of gross earnings of
$521, 1908, decrease in expenses of $9S, 46S, and
8 decrease In net earnings OF $423,440. For
the eight months OF this year ending August
81, as compared with the same time in 1876,
the gross earnings show % decrease Of
So, 468, 9S1, the expenses decrease OF S262S,
$685. and the net earnings decrease OF SS49,
crease in net earnings for eight months, as
compared with 1876 of 5000, s3l.-I Philadelphia
Enquirer
Messrs. Henry Mlward * Co., vof Chicago,
have received replies from 2l2 points in the
hog crops.
Over one-half of these returns estimate a
supply OF hogs considerably greater than last
year at this time, and the liberal receipts ut
this point during summer months indicate
this to be the case In regard to the corn
crop, fully one-half of the returns report more
than last year, but In the aggregate the show
ing, is not so good the unpropitious weather
early In the season retarding the growth, AM
lit would seem that while the crop is a liberal
one, it will not be as large as in some pre-
vi5us years. Reports are generally to the
effect that the crop Is beyond serious injury
by the frosts.
The Convention Mt st. Paul.
Apropos of the meeting to be held at st.
Paul on the 18th inst, the following from the
Cincinnati Commercial, of the I'd inst, shows
how necessary it is to devise some ways and
means for the improvement of the Upper
Mississippi:
River falling. Weather sultry River
business dull on account of low water.
Canal at Louisville closed; canal at Keokuk
closed, Illinois river shut up at Coppers
creek dam; mo river at Pittsburg; ''no
The closing Of the Keokuk canal Yesterday
for fifteen days results very disastrOusly and
has compelled President Davidson to issue
the following unprecedented notice, dated
Until further notice the Keokuk Northern
line packet company will not receive freight
or passengers destined for points above Keo-
kuk, Iowa, on the Mississippi river, as the
government has closed the canal recently
opened1 around the Des Moines rapids, vir-
tually putting an embargo on navigation be-
tween st. Louis Hannibal, Quincy and points
above keokuk.
The report from below by different pilots
gives feet, to feet inches water on
Horsetail bar. The Ohio and other streams
are falling lower daily. The Mississippi be-
tween Cairo and Vicksburg is full of danger
Gus snags and the snagboats are laid up for
want of means to operate them.
Every steamer going to Memphis or points
below takes barge.
BE Wheat Farms.
We had the curiosity the other day to ask
MIR. Dalrymple what he expected the profit
on his wheat crop would be this year. He re-
piled that at present prices for wheat his
profits would be ten dollars per acre.. AS he
is half owner of 1900 acres of wheat in the
home farm at Cottage Grove, Minnesota. his