The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-07

900, and imports S465 GIT ,457.
The steamship Warrior cleared yesterday
for Rotterdam, with Al 1853 bushels of wheat
in bulk
SO far this season the imports Of sugar re-
ceived at this port from Cuba have been
small. Yesterday the steamship Emily b.
Souder arrived from Havana with $50 hhds.,
consigned to .Sar Il Lelong
The debts Of the churches Of the fourteen
leading denominations in New York amount
to S7,77O000 on seven time that amount of
property The Roman Catholic churches owe
above S3,O00.0oO Of this, and the Episcopal
churches 1900 900. The value Of the Episco-
pal Trinity Church property is $15,O0o,o00
The Secretary Of the Treasury has called
the attention of railroads carrying animals
In bond to the provisions Of sections 1886,
4387 and 1888 Revised Statutes, prohibiting
the confinement of animals in cars without
food or water for more than twenty-cight
hours at time, Instances have recently
been reported Of animals being 50 confined
for two or three days without food or drink
The New York Mail says: AS an evidence
companies is not impaired in the estimation
of foreigners, it is worthy of note that the
following amounts of insurance were quite
recently placed in some of the New York City
Companies Henry Paget. London,
England, $1SO0Oo; Prince Nicholas Orloff,
Russian Minister to Paris, 100000
According to the latest reports from San
Francisco the crop prospects in all parts of
California are of the most favorable charac-
ter. With few exceptions there Is prospect
OF an abundant harvest In all quarters The
southern portion of the State and the San Jo-
aquin Valley, in which the crops failed last
year, promise equally well with the northern
valleys
The Memphis (Tcnn) boot and shoe manu-
facturers recently held a meeting at which
they unanimously resolved not to buy any
more goods from drummers. In addition to
the constant overseling of the market under
this method and the cheapening Of goods in
the hands of the retailer after he has obtained
his stocks, they claim that the present system
of drumming is largely responsible for the
cutting up of the trade by the sales of boots
and shoes in general stores
The sales of State consols yesterday footed
up $4,000, the market closing easy at 755s01
7534, against 767&D7716 on Saturday. This
drop In the price Of these securities was
caused by the decision Of the Supreme Court
on the New Orleans Pacific Railway question,
sanctioning the issue of the $2,0OOOOO Of bonds
for the benefit of that road In our opinion
this decline is but temporary. Certainly the
judgment Of the court does not impair in the
least degree the value of the State securities.
Those grave and reverend seniors have de-
cided that the issuance of these railroad
bonds is perfectly legitimate, inasmuch as
they do not swell the bonded debt beyond the
$15,000,00O, the extreme limit authorized by
law.
There Is at present a gentleman visiting
our city from Dubuque, who is a large grain
merchant. He came down here to spy out
the land, and we are glad to hear that he has
come to the conclusion of settling here in the
fall with the intention OF having his grain
shipped to this place direct from Dubuque
thereby avoiding the extra expense of re-
shipment at st. Louis. Our receipts and
shipments of grain this season have increased
about fourfold since last year, and we rejoice
have had their eyes opened to the advantages
presented by this route, and have generally
come to the determination to send their prop
erty this way. With a little energetic and
judicious exertion on the part of our mer-
chants, New Orleans will soon become the
great grain exporting city of the United
States.
The st. Louis Republican, of the fourth in
slant, has the following report of an interest
ing Insurance case, in which one of our local
companies was party litigant:
After nearly three days of trial the suit of
the Mercantile Mutual Insurance Company
OF New York against the Hope of New Or
leans was concluded in Judge Boyle's court
yesterday afternoon Some very curious ques
tons arose in this case, which was one POSSESS
ing several peculiar features The Mercantile
Mutual had $4,000 risk on the cargo of
the Belle OF st. Louis, which was sunk at
l Muddy Landing by the IT breaking up of the
the company, Woods Il kenncck, were also
the agents for the Hope, and reinsured in that
company a,lp $4,000 of the risks on the Belle Of St
Louis LOU AS soon as the home office of the Hope
were apprised OF this risk they wrote to their
agents to cancel the policy forthwith In the
meantime the boat was wrecked and two
thirds OF the cargo lost. The company re-
lu .I;t 10 pay its proportion of the loss, and
Mr. Kent, for defendant, claimed that the
agent Tor two companies could not make a
valid policy between them on account of that
relation and that therefore the policy in
question was void. Judge Boyle ruled that
such was the law. Mr.. Adams, for plaintiff
contended that when there was a ratification
or acknowledgement of the contract by the
insurer, the policy was validated and that
there was such n ratification or acknowledge
ment in the fact that the Hope Company
ordered the policy Cancelled, which implied |
that there was something to cancel Judge
Boyle gave the following instructions to the
jury on that point:
, The court instructs the jury that If thew {
md that Messrs. Woods II kenneck acted as
the agents Of both parties thereto in the MAX !
ing OF the policy sued on, then they must find
for defendant l1n1aSS f,r4 b,,, ETA IL.