The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-09-28

820D32j4 the same MS on Thursday.
A grand international dairy fair Ia to be held
EFT New York this fall. Cheese cories and
cream cries will be in operation. and the fair
will also include an exhibition Of fancy cattle
Ten thousand dollars are to be distributed as
prizes for the best cheese. butter. etc.
The Mobile Ners says: "Notwith standing the
general depression in business which now pre-
wills in this community. our mechanics for the
most part. are buslly employed. Many new
Buildings are in course Of erectioni In different
parts OF the city, some Of which reflect great
deal OF credit upon the iberality OF tF9 owners.
as we'll as the skill and taste OF the lilders.'
Missouri recently lost s5oG 900 by the failure
or d weak bank in which. for the sake Of high
Interest. the State Treasurer had deposited It,
Hereafter the State money is to be kept In St
Y Louis bank which gives security by deposit
Or United States bonds. and pays only two and
half per cent interest and the interest is to go
Ao the State, instead Of into the Treasurer's
pocket.
Since tho New York Tribune declared that the
aggregate of Southern claims was $780, 900.
there has boon little more said on the subject,
and the Republican organs have abandoned the
5doa Of attempting to propagate the nonsense
4 1T has been definitely shown that OF the alleged
ssouthern claims" parhded by the Republicans,
varying In amount from $780, 600 to o.0oo-
400, only about 900 were from Confederate
States. and all but two or three we're claims Of
loyal churches. nearly all In loyal States; loyal
Republicans, Union soldiers and the truly loyal
generally. It is somewhat droll. says the Cou-
rier-Journal, that 80 many pious Republican
statesmen have lent hand in the propagation
AF I'm 1rtrlltn9 pmbOdipU in the
Southern Claims searecrow. The Lord have
mercy on them. -
Mr.. William T. Booth of the woll-known and
respectable New York house Of Booth Il Edgar
d firm which lately had to curtail business be-
cause IL would not have to do with the peculiar
devices OF some of the other great New York re-
b glners~-was summoned before Mr.. Fernando
Woods committee on Wednesday last to testify
s1 his capacity as the oldest man in the re-
dining business In New York" upon the subject
h t,f the alleged sugar frauds. He told the com
mittee that the government was systematically
robbed; that he saw men in the room listening
to him whose clerks bribed poor custom house
employees. When soy know q thing TO bt
so" added Mr.. Booth, mo one will be fount
il who will doubt It. Now I say know Of frauds
on the revenue in the importation Of sugars
which, when they are fully disclosed. will fur
nish reading that will astonlsh the people o
. 2his country" The New York sun suggests |
I'd mr. Booths conscience whether. knowing
all these things as he says. 1t Is not his duty tx
name names. Perhaps he will when called or
Iii Il legal or other legitimate way.
Many of the old gas companies which used to
enjoy d monopoly of the business of supplying
tho largo cities of the North and West witt
q light have come to grief and the stock Of many
of them has fallen below par. Here In New Or
leans our gas companys stock stands ut lo0h
According to statement In the New York Sun
the stock In the older companies Of that city
which In some cases could formerly only b.
riekei up now and again, so stoutly was |
held. at several times Its par value, has atel
greatly declined In value. This falling off ha
been due to the breaking up of the old monop
olies, the consequent decline in the profits Of
The companies. owing to increased com
a,etition. tho Watering of some of thu
stocks, the apprehension Of new method
OF gas making and other causes
Thus shares of the New York Gus Company
The Oldest In the city. which once were hard t.
get at from 100 to 175, have lately been sold be
low par; the Manhattan has dropped from owe
800 to below 100; of the Metropolitan. whic
many years ago bought from the Manhattan tn
control of the gas supply of the uUper part o
the city the stock Is now selling ut between 10
and 14O. The rem aiming companies arc tn
Mutual whose stock is much below par; tn
Municipal, also below par; the Suburban. whic
ID doing very well; the Harlem. In the sam
81 condition, and the Central Westcheser. ais
quite prosperous. The capital of these eigh
Z eompanies. including scrip and bonds. amount
to sal 606 900. The price of gas In New York
now 90 30 @ thousand feet. Here in New Or
Jor.v ,herp F n nftiHana ha ~ aha n
doned the use Of gas. owing to Its expensive
ness (S3 per Thousand feet) and the arbtrar
course of the company.
On the subject Of business Us affected by tn
yellow fever, the New York Sun Of the twenty
fourth Instant Gays:
The yellow fever in the Southwest has seri
tnt1sly affected business in this city. there bein
apparently only one class likely to be gainer'
and they are the hotel proprietors. Thousand
and first class boarding houses; but the hote
Registers do not indicate the fact. Few person
arriving from a fever district register correctly
and hundreds OF men coming direct from Ney
many from B . on. They fear that they will b
refused accommodation ii they write the truth
and the hoI el m u gers carefully avoid havin
New Orleans or Memphis appear, on the books
fearing that guests might be frightened away,
"A Sun reporter visited several OF the leatinl
hotels yesterday anu inquired of the clerk
whether they had many guests from tho Soutt
a44 me St NlcnOiAS nhl gE5ht many OoutI3Iu
srs. but none from the aft cted district" MOI
Of our people.' said the chief clerk: cam fa
staying at the watering paces. Now they HI
afraid 70 go home and vii no 40 doubt renal
of the Southern Hotel told the same stor.
They HAD very ln;rge number ct guest
they we're all in the North before tn
fever broke out, In the Metrop1lital
substantially the same thing was said. An on
ployee Of the New York Transfer Compan
said there was about two weeks ago a rush
5TaveINrH from tho 61utt1, tt4att H eef#Rsa
mad carried an immense amount Of baggage
fhe various hotes which had been checked
Southern cities Blu !" said he. 'you can't flo
q man from New Orleans In any hotel. VIII!
people are so scared Of yellow fever that the
will leave q house at once they think there
a man near them from New Orleans. So nor
81 the hotels have any guests from there"
THE disturbance of business South Is felt 81
verely by merchants here, and the sales wi
fall several millions below the average: Not
ease OF goods has been shipped to New Orlear
or Memphis within six weeks. Goods pu
~ ha ring IF the faVer