The New Orleans daily Democrat., 1878-11-24

CagO received $4,000, Indianapolis i''""o'
Cincinnati, 1G, ,50G; St Louis, II, 600 and Louis
vile, 5,523
This year the State Of Nebraska raised
5000, 900 bushels Of wheat, 4G,ooo'ooo oushels
Of corn 100000 bushels Of oats, 3,oooooo
bushels each Of rye, barley and potatoes, ana
100000 cattle and 100000 hogs. we don't
wonder the grasshoppers went to Nebraska
before they went anywhere else. They knew
where they could get the most to eat
Alta meeting of the Board OF Directors OF
the New Orleans Cotton Exchange, held last
evening. it was decided, upon the recommen-
dation Of the finance committee, to return to
the stockholders Of that Institution. on and
after january 10, 1879, the sum Of So per
share from the surplus fund of the association
The annual meeting OF the New Orleans
Cotton Exchange will be held on Wednesday,
November 27, 1878 at o'clock p. m. and the
annual election OF officers and directors on
Monday December 2, between the hours OF 10
A. m and ~ m The commissioners OF cleo
tion, appointed under the provision OF the by
laws, are Messrs. A. 3. Cammack, I. Ill. Hunt
and WA. Glynn.
Officers of the Treasury Department have
endeavoring to disturb the sugar market, and
that the row in New York, with the details OF
which-under the pretence of on ''lnvestiga"
tion''-the papers have been filled and the
telegraph wires loaded is simply quarrel
between sugar firms, with which the depart
ment has nothing to do It might have been
O. little more to tho interest of the general
public il this revelation Of the governments
disntercsted attitude had been earlier made
There has been - vast shrinlage In the
business of life insurance, partly because OF
the severity Of the times and partly because
the rottenness Of many companies has been
exposed through the inability Of officers to
keep them longer ailoat. The statistics OF
companies doing business in New York State
may be taken as q fair sample OF the general
decline in business Of this kind. In 1872 poll
cies were issued to the amount Of $2,i14000,-
900 In 1877 they amounted to ST, ,5GG, 900 900,
o. falling off of $558 100000 in four years.
State Consols ruled easy yesterday at 77N0
TIA the samo as on Friday. The fol
lowing dispatch from the Picayuno's CORE
spondent, "Antelope," appeared in the even
ing edition Of that journal of yesterday:
Tho Telegram has 81 New Orleans special
which states that q financial panic in your
city and crash in State ConsOls is inevita-
bic, which nobody here believes.
From dligent inquiry we cannot find the
smallest foundation for this report. ANTE
LOPEZ should keep his eyes skinned, and not
be caught by the sensational reports Of inter-
ested parties
Premium Bonds We're weak at 285sll281s,
against 2914@299 on Friday. The sales at
the Stock Exchange amounted to only $4,000
of State Consos-S500O at 767s and $4,000
at TIL.
Glasgow wOrln!man is credited with
some curious talk about the great strike of
the shipbuiders in that district. After show
Ing that the employers demanded reduction
OF 7l9 per cent in wages, and that the men
had offered to compromise on O. reduction OF 5
per cent, leaving only 2I per cent to fight
over, the workman says: MANY q one Of us,
with our wives and BARNS, will soon know
once more what hunger means The men
PROPOSE it seems, to involve themselves and
their families in starvation rather than work
for two or three cents day less than the
price their union demands. It Is certainly
rather rough on the ''wves and barns.''
We have thus far this year received 10 14t
hogsheads of sugar, against 4530 last year
$3.50 barrels of molasses, against IL, 945 last
year: 157, ,2G2 barrels and sacks Of rice against
097 for the same period last year. meats,
In bulk, 1,O14,257 pounds. against 2,525 last
year; cotton seed, 104,040 sacks, against
1913, sos for the same period last year; corn In
bulk, 405 1856 bushels, against O,452 bushels
last year; flour, 153, ,025 barrels, against
1G1 237 last year; tobacco, 1876 hogsheads,
against 8!4 hogsheads last year, wheat, in
bulk, $4,000 bushels against 1920 last year,
Now they are at it In Philadelphia and send
out q tale Of woe about the depreciation Of
property in that city to the amount Of $50,
378, ,293 during the last twelve months. That
depreciation IS dsccrncd by measuring prop
erty by the paper dollar, which is nearly 10
per cent larger than it was a year ago. 1t
has stretched 12S per cent by the fall in the
nominal premium of gold from 2a to % per
cent, and at least per cent more by the ad-
vance in gold, which Is shown in the fall In
gold prices all over the world. There is in
fact u good deal Of com planning nowadays
about a depreciation which has never oc-
cured.
The State Engineer at Albany, the capital
of tho State Of New York, has received re,
ports Of the street railroads Of Now York city
and Brooklyn, exhibiting their capital, their
expenditures and receipts for the last year
The New York Belt Line paid per cent div
idendg on 81 800 900 capital, after setting aside
Il little more than per cent on the above
capital for the payment of g. loan and for g
sinking fund. Tho Brooklyn city railroads
comprising consolidation of six lines, report
S2,000O0o capital stock and ID per cent dvt
dends on stock. The expenses Of maintaining
and operating these roads are reported al
enormously high figures. One popularity o.
them is the small amount Of their capital
stock. These roads, which carried during the
year forty-three million passengers, are capi
talized together at s., 100000