The New Orleans daily Democrat., 1878-05-12

Commercial and Financial Matters
Some of the English cotton mills have mad
10 per cent by the improved prices for surplu
stocks since the strikes began.
The trade Of the United States with Contra
America amountedin 1874 to nearly s6,oOO,0oC
During the last three years it has fallen of
almost one-third
The total shipments of boots and shoes
from Boston since the first Of January mum
bcr 513,t92 cases, against 576.5l3 cases for th'
same period last year.
John Bright said In recent speech that
one-third Of the whole land of the United
Kingdom Of Great Britain, being no less than
$4,000. 900 acres belongs to 935 men
The towboat John Dippold, with barges,
from st. Louis. will arrive this morning,
with 17s,eoo bushels Of bulk corn, 1854 barrels
of -four, 2875 sacks OF oats and 1898 sacks of
wheat.
Some American manufacturers have dis
covered that they can avoid the disastrous
discriminating duties OF Cuba by shipping
their goods to Liverpool and then trans-ship-
ping IN Spanish bottoms.
The exports of grain In bulk yesterday
amounted to 74,5ls bushels, including 54,519
bushels Of corn by the steamship Texas for
Liverpool, and 10000 bushels Of rye by steam
ship Hanover for Bremen.
The English insurance men are reaping q
harvest in high rates on British bottoms ow-
ing TO the scare about Russian privateers It
is not unlikely that some underwriters have
purposely exaggerated this prvateer story
for peCuniary reasons.
A few days ago we mentioned the arrival Of
nearly 800 head of Texas CATTLE brought by
boat by way of Red river, which were only
seven days on the way from San Antonio.
The steamer Texas reached here yesterday
from Shreveport with 444 head of cattle,
which is an unusually large shipment
largest that has been received from that
source for a long time.
We are informed that Messrs. Hernshem
X Bro, the well known manufacturers of
cigars Of this city, have recently filled an
order from London. England, for 114,ooo
cigars, which were shipped last Wednesday
by the steamship Andean. The Messrs. Hern-
sheim are constantly filling orders from par
ties residing in twenty six States of this
Union.
The European financial commission.
charged with the work of ascertaining the
financial condition Of the Egyptian treasury
In order to make the Khedive pay some OF his
borrowed money, is having uphill work
The khediVe has run the debt up to about
S50oooo,0oo, and Is short" In the meantime
the commission has discovered evidence that
the shrewd potentate has about sGoooo. 900 in
English consols, French rentes and United
States bonds hidden away somewhere for his
private use.
The bill to regulate inter State commerce.
and to prohibit unjust Determinations bv
common carriers, reported from the Commit
tee on Commerce of the House, and under |
discussion on the eighth instant, Ia intended to
prevent the discrimination In freight CHARGES
10y railroad companies In giving one shipper
higher rates than another, and they are for
hidden under penalties TO allow q drawback
or rebate In all cases, and to enter into COM
binations to discriminate against persons or
places. The bill also provides that the rate
of charges on State commerce shall not be
greater than upon Interstate commerce.
The New York Times, OF the seventh in
slant, has The following in relation to a large
sale In that city of q tobacco dealers stock.
which has been briefly announced by tale
graph:
United States Circuit Court, all the right,
title and interest OF Christian H. Llienthal
IN the Lilienthal tobacco factory corner
OF Washington and Barclay streets,
q Judgment amounting to nearly sl5o-
600. This judgment was obtained in
1871. before Judge Blatchford, in q suit
ior the recovery OF damages and penalty
stock by the defendant. The case was CON
tested and carried to the United States Su-
preme Court Mt great expense, and 1t Is more
than ten years since the original discovery of
sold yesterday embraced 959 lots, and CON
sisted OF a large quantity of leaf and manu-
factured tobacco, machinery, tools and other
property. The attendance of bidders was
small, and the prices obtained were very low.
The American Exporter recently published
an article on the increase of the cotton trade
from which we gather some interesting facts.
In the decade 1910 1850 the United States sun
piled almost 81 per cent of the whole importa-
ton into Great Britain, and in the decade i'm
mediately preceding the war furnished nearly
7s per cent while the four years from 1862 to
1865 inclusive the average yearly supply was
less than per cent, and In the year 1863 it