The New Orleans daily Democrat., 1878-10-11
Commercial and Financial Matters.

Commercial and Financial Matters.
The Charleston News estimates that the
commerce Of that city for the year ended Au-
gust 81 last, amounted to S44,036, ,832. The
trade In ertilizers has much increased.
Among the other articles of produce carried
out by the steamship G. w. Lord, which
cleared yesterday for Havana, we note 1886
barrels OF flour.
The cultivated land Of France Is held by
5,50O,000 owners. Five millions do not own to
exceed six acres each. A similar state OF
things exists In Belgium. But in Ireland one
fifth Of the soil is held by 10 persons.
The steamer Great Eastern, 1t Is said, has
been bought by company for use as q cattle
boat to carry Texas meat to England. Her
capacity will be 220O head of cattle and 5000
sheep. -
1t is now estimated by Delaware peach
growers that the season's crop will aggregate
100000 baskets, at On average of 81 per
basket clear, SO that the yield will bring
$1,000, 900 into the peninsula principally in the
lower sections
State ConsoIs were steady yesterday at 7514
6D751a, against 751a @7526 on Tuesday. Pre-
MUM Bonds were easy at s1116031A, against
311a@317G on the previous quotations. The
sales at the Stock Exchange amounted to
$40 900 Of State Consols at 751a, and 100000
Premium Bonds at 31L.
The State of Nov York is an interesting
nf hn ri NJ In
administrative reform. Under Republican
control the State tax Is 1874 was SIS 727, ,482 O8
under Democratic control the same tax for
1873 is $7,941, 397 3d. Or a decrease under Dem
ocratic rule OF $7,786,184 IA.
The United States Is gradually getting
ahead in every branch of manufacturing
business. She is killing out the cigar manu-
featuring business of Cuba. In Havana alone
thousands OF cigar-makers are out of work,
and factories are not doing half the business
OF former times The increased amount and
improved quality of cigars made In the
States Is doing the work
II nickels accumulate on your hands to the
extent of 800 or multiples thereof, send them
to the Philadelphia mint Or to an assistant
treasurer of the United States and get green
backs for them. The sender must, however,
pay the expense OF transportation. Nickels
are In this respect on q better footing than
trade dollars Or the subsidiary silver coins.
They have some rights that the Treasury Is
bound to respect.
There is to be an international dairy fair in
New York next December. Ten Thousand
dollars are offered in premiums The fair is
under the auspices Of various dairymen's as
sociations. New York State still holds the
lead as the great dairy State, having 1889 fac
tories for cheese, or butter and cheese, with
J08,352 milk contributing cows. The cheese
product last year was over 80 100000 pounds,
of butter 3,214, ,125 pounds.
The Controller of the Currency has COM
piled q statement showing the number and
capital of national banks that declared no
dividends for the period Of six months each
ended respectively March and September T.
1878. From this statement it appears that
1913 national banks, with a capital Of $48,797,-
9O0 paid no dividends during the first period,
and 357, with $58, 736, $50, during the second.
The ratio Of earnings to capital and surplus
Of the national banks for the year 1876 was
60 per cent, in 1877 Sc per cent, and for 1878
less than 6 per cent
The New York Public reports the clearings
OF twenty-three cities in September as fol-
lows: