The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-21
Commercial and Financial Matters.

Commercial and Financial Matters.
The exports yesterday for Liverpool included
3b4s bushels OF wheat and 1881 bushels OF corn
III bulk.
Yesterday was field day in the stock mar
ket. State Consols were sold to the amount of
s476.ooo, and the sales Of Premium Bonds footed
up $4,000 The price Of the former touched as
low as 781S. and the market in the same closed
at 78H@78 Premium Bonds were quoted at
the close ct 36@a6h. It Is useless to speculate
at THIS time on the causes Of this state of the
stock market.
The we'll known produce house OF Schwabach-
er, Prevented d Pfeifer suspended yesterday
on Endorsed paper, their failure being wholly
caused by that of other houses. This firm.
though comparatively young, had built up q
large trade and was universally respected.
Within the past two weeks they have lost largely
by three houses which have gone by the board,
I and were consequently forced to suspend. They
have the general sympathy Of the commu nifty.
Their embarrassment, which we hope will be
but temporary, is not likely to involve seriously
any other house In this city.
Germany is reported as making one-balf Of
$50 tons annually. .-'
Cattle. sheep and hogs to the aggregate value
of $4,000 900 were received at the Chicago Union
e Stock Yards during the year 1877.
During the last year Canada has shipped four
million dozen eggs. showing that in the hen in
dustry she lays long way over the United
States.
The Pittsburg ice dealers will furnish ice this
summer at sixty cents a week for ten pounds
per day. six deliveries, and at 81 so for twenty
five pounds per day, seven deliveries.
The money In the ub-Treasury at New York.
of which there Is about 500. 600 900 in coin now
deposited there. is undergoing its periodical
count Twenty-Five men and six women are
q engaged In the business, and will probably get
through In about fifteen days.
new industry is said to be extending rapid
ly in Paris 1t consists In the manufacture of q
cloth Ave times lighter and three times warmer
than wool, from the feathers Of domestic and
other birds. The material is waterproof and
takes dye readily.
Canada lis doing an immense business in
shipping Holsters to England. few weeks ago
one ship from Halifax took $4,000 worth in cans
for London, which represented something like
Sb5,u UU IODSbeTB ana q Ilttle q Shipment
the value of $4,000 was made.
There are at present ninety. six sugar manu-
factories in the French department of the Pas
de Calais, and the quantity of sugar produced
during the season of 1856 was rs 341 tons !:
this was 1899 tons more than in he previous
season. The sugar industry in France was es
tablished under the shelter OF a protective
tariff
The following synopsis shows the exports Of
annual products from the United States for the
month of February: Bacon and hams, 8. C34. 277
pounds; pork, 5.964,115 pounds; picked beef
1896 $50 pounds; fresh beef. 1884 514 pounds
lard. 1.s65.4sa pounds; tallow. 9.177 COL pounds
butter, 721. AGA pounds cheese. $685. 1922 pounds
aggregate value. $l3. 655 21s. The value of ex-
ports from New York during the month was
$e.734o25.
In reply to letter from newspaper cores
pondent. says the st. Louis Journal of Com
MERGE. Mr.. J. F. Tucker. Traffic Manager
Illinois Central. writes: Naturally we cannot
see why the expectation line through New
Orleans is not one Of the best. We have accom-
plished our part in reaching New Orleans; and
in the way Of rates those to New Orleans will
now compare favorably with those to Eastern
seaboard cities. 1t rests with the steamboats, as
q to whether the rates and facilities from and at
y NewOrleans equal those from or at Eastern sea-
y board cities. We feel very sanguine indeed as
to the final result of this route.
The fact is palpable that st. Louis and other
Western markets are DETECTING from New Or.
leans the course Of trade with the upper
coast which some years ago was the most fruit
& full source Of our wealth aud prosperity. Apro-
pos Of this subject we take the following from
the Baton Rouge Herald: st. Louis is COM
8 manding, in very large degree. the coast
trade, while New Orleans is doing nothing to
prevent 1t! Thousa nds Of its business men
sleep all night and rest all day. while the st.
Louis merchants are active and wide awake in
obtaining the favor and trade of our merchants
and planters, extending accommodations to all
who are worthy OF credit. The merchants of
st. Louis are active all day and sleep at night,
with an eye open in this direction. Facts are
facts
A C0lOred Exodus.
The emigration Of colored people from Mis-
sissippi to Arkansas and Kansas is alarming
the land owners because of its extent and in
creasing vigor. On the Mississippi and Tennes-
see railroad this movement has attracted the
attention OF the officers Of the company, as the
number Of movers" has been 1000 in the past
four months. These have settled in Arkansas,
on the line of the Little Rock and Fort Smith
road. on government lands. But the colored
part Of Mississippi which has been the para.
disc OF the colored man.. Kansas has received
the majority OF these emigrants.
8 There are no data at band to show how ma n y
The fact is indisputable that the State is losing
In colored population. 10 the extent that it
loses In population 1t loses in labor and the
State becomes poorer. The causes which have
MOI he antN In ipE -