The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-02-06
Commercial and Financial Matters.

a
All q Picture sale III fJaw York on Wednesday
Hierstadtss Yosemite Valley brought vi aiu. and
his Among the Black Hills" $1,000. Meran's
saeenes from Hlawathaa sold for 1896; Gar s.
Fair Venice s17e.
Uf the essi .see hogs assessed In Illinois last
spring, It's estimated TINT 1884 have died of
ehulstas Involving u luss La money value Of
silsss.4iB. The Information comes through the
Htate Departmental Agriculture. and Is reliable.
FgfHy Thousand bids haya been received FOR
carrying malls for the next four years, In
nearly all that portion Of the United States
Lying west of the Mississippi river and ex-
tending To the paellc oeean. Awards will be
arade hs March 80
The Lawrence tKansas) Journal, III speaking
sf Missouri FLYER grain barges Says Corn In
Kansas ranges from 80 cents per bushel down
ttu to cents. This does not pay and If these
rates are to continue, production will inevita-
bly foil or. Our crop Of corn last year exceeded
d hundred million bushels. Assure our
Farmers Of 25 cents Der hushel. aud they ean
easily double that immense amount II the
B business men Of Kansas City shall succeed Ia
their proposed sehemeand 1t appears feasi-
bieAthey will have the satisfaction Of seeing
their town become the grain market Of the
State Of Kansas. Every railroad In Kansas
will be lualed dewn with grain seeking IN out
let by way Of tle river. Kansas Ci'y will re-
eeiye from this trade an impetus such as she
has never yet known
The steamboat Lessle Taylor which. "a we
have already announced, was lost on the Ateha-
falaya river on Sunday. will preve d total loss
as far as the boat is concerned. According to q
dispatch received yesterday by Mr.. Geo. Mather
the secretary Of the Board Of Underwriters,
from Capt. Kenisoh dated Washington. Feb
riary s, she sunk In 100 feet of water. Her cargo
consisted oil qeT bales of cotton and tsa hhds Of
sugar. Most Of the cotton. the captain thinks,
will be saved.
LIN this connection we think that Ii will not be
inappropriate It'd make mention of an act Of the
captain OF the Iessie Taylor, NJ. Hehison.
which rebounds greatly to his credit. When
HE boat was disabled by the explosion Of her
donkey boiler. on the 18th Of December last,
she had on board large freight. consisting Of
all kinds oil toys, cakes candles. etc., for Christ
mas presents, consigned to people living In the
esuntfy along the route. Not wishing TO dis
appoint his friends. Capt. Kenison shipped
these articles on another boat. and they arrived
at the points Of destination In due time to con
tribute TO the observance and eelebfatloh Of the
holiday festival
The English IRON trade.
The stngnation which prevails In the Iron
trade ef Great Britain has caused great alarm,
lii the minds of our English cousins. The de-
naand for pig iron has fallen off materially,
and many or the blast furnaces In Scotland
have. consequently, been forced to stop opera
tons. This is also the case With manufactured
iron. It Is true that india and Australia have
takeh all Increased quantity Of manufactured
troa during the past year. but the United 9 ates
and European countries have bought less than
ever before. This is IN part due to the sagna-
ton which has prevailed III the business OF
railroad construction, but chiefly to the fact
that the Iron age" is over. This is the age of
steels contemporary. lii explanation Of
thia, says.
Since 1895 the demand for Iron for railroads
and ship building has been something iiiipre+
pedented iii the Werlds history, This demand
gave q great stimulus to production and manu-
saetyrs and mines were epened md MILLS we're
ssa yss posba Since
building. This was caused III part BY the gen
sral panie OF that year, and In part by the fact
that most civilized cepntrles had completed
assaas he s ae q sss w LYNX ss M arsv the e past
mously, and steel has taken the place of Iron In
shipsbnildinE. II requires time and the outlay
of considerable capital TO change the iron fac
tories lntp others Adapted to the Manufactures
OF steel. There are signs which GO TO show that
the United States will take leading place
among, the eel-rrodtieing nations. We have
the coal and all the raw n,aterials In greater
abundance than any other land, aud our skilled
laboeefs are. equal to the beat anywhere. 1t
may be bad for England. but 1t win be good
ssfaaR tel US sa---a.-z.--