davidaulloa/AmericanStories huggingface dataset:
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
COMM RCEAL.
OFFICE OF NEW ORLEANS DEMOCRAT. |
ThnrsdAY EYaning. June I2. 1873. |


Thursday Evening. June 10. 1878.
GENERAL REMARKS-To day has been ex-
cessively hot. General business continues
very dull.
There was good demand to-day for the low
grades of Cotton, and prices consequently ad-
vanced &c on Low Middling and the lower
the grades. market closing firm. with sales Of
$500 bales.
There was fair movement In Flour. the sales
amounting to about 1000 bbls, principally in Job
lots, prices ruling quiet and unchanged.
Holders OF Corn Meal we're generally asking
90 so y Dbl for choice Western bnt we heard of
operations above 90 As. the market being
firm. The reported sales we're only 200 bbls.
There is moderate stock of Corn on the
market. and the sales footed up 1900 sacks at
50@55c v bushel.
Under the present condition of the provision
market large or round lots of Pork are not
salable, and the market is very dull and life
less.
In consequence of the slim stock of Dry Salt
Meats. prices are little frmer.
The supply of Bacon is small and the demand
is ditto, prices continuing easy.
COTTON-Holders we're flrmer on low grades
mand advanced &c, on Low Middling and the
lower grades. The tone of the market at the
close was firm. with sales of $500 bales.
The following is the official closing Of the Cot
tOn Fxohanpns
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

prime S2@a5c; strictly prime sB@ssc: choice
| FTOUR-The -four sales to-day reached liz.
tie over 1000 bbls, which, under the circum.
stances, may be regarded as fair movement
A majority OF the transactions, however, were
in job lots, prices ruling quiet and unchanged
SaIes2O bbls at "a 50; 90 at $ SO at IS u.s. 100 at
IS IS so and SIS at SIS 97H; rs and rs at IS SO; 25
50 and 100 at g co. Is at s. ~ q at s. so 70 and
We quote: Fancy choice s. 5O@6; family s. 25
@5 so; trebles low to choice, 81 621s@5 121s
double extras 81 2504 so: single extras 80 1904
guperfne s. 50@8 IS; common 20. Dealers
10 their trade obtain an advance Oh SOC y Dbl on
CORN MEAL-Holders we're disposed to I'D.
vance the market to 50 so for choice Western
and although such was generally the asking
prics no actual transactions were reported above
~ Az. We quote the market firm ct so 1902 45 OK
landing. and 90 6502 10 out Of store by dealers
Sales-5o, 50 and 50 bbls at 80 90, SO at ga 49,
GBITs-There Is steady de s g, d, and prices
to choice Western ex-landinR In round lots
On job lots dealers obtain 50 1908 3d. as in quail
Z DREAM fi AND PEARL MEAL-ss@s 10 p
HOMINY--Wh Wholesale 81 rs; iobbing So.
cow PEAS-The stock being greatly reduced
and the demand continuing fair, the market
has taken further upward turn, and now
rules strong at 81 5O@1 65 for whippoorwill, 81 rs
@2for mixed, and 50 25(02 so for choice clay.
PORK-The market continues fiat and mac
tive. and considerable lots are unsuitable. In a
small way receivers are selling at $40 to the
trade and dealers are still Ioob1ng at $40 90.
Dry. SALT IEAT-The market is nearly
bare OF supplies. and in consequences there Is
car lot of boxed shoulders to arrive was re-
fused and spot goods are quiet at 4%@4Ac
for loose and 41ae for packed shoulders;
are at q low ebb, and we hear of coastwise
order that could not be filed for want of sup.
plies Prices continue Easy Shoulders aIde SSg
$4,000. Dealers jobbing at an advance of 4c on
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
MARKETS ny TELEGRAPH.
DNmAafiC.

New YORK, June 10, 1O:45 a. m.-Coffee dull
| cargoes-ordtnsrv 13@13h. fair 16A@15h, good
IS, prime 16A@16K, lots ,1ssl@178; sales-10oC
Raw sugar quiet; sales-i79 hhds. Refined su-
gar moderately active: prices nominally un-
changed. Linseed oil 5795s.
CHICAGO. June 13-Wheat opened at 92M July.
Corn-36h bid July. Pork-s9 bid August, Lard
August. Pork-$S SIX July, So O5 August.
Lard-672h July. 6S2K August. Dry salt
meats -shoulders 1886, short rib 4.s5, short
Union Stock Yarda-Estimated receipts of
hogs to-day 24.5O0. Of1cial yesterday 1882;
50 30@3 50, heavy mixed 50 2O@3 40. Cattle-Estf-
mated receipts $500; market dull.
1D; m.-Morning call-Wheat-95H June, %
bid July. 86Hqs6S, August. -Uats-23H June,
2$I July. 22I@22% August. Pork-ss 650s SIX
July, So say August, IS 97h September nomi-
$3.50 .. m.-Ciose- Wheat--96N June. 92K bid
July. SIX August 0atg22sSg2sx june, SSS
July, ,22A@22% August Pork-sS 6716@s 70 July,
IS s. August. Lard-6.65 bid July, 6.75 bid Au-
ST.. LOUIS. June is-opening-W heat--sO1l
seller July. Corn-35% seller July.
Q: m.--Wheat lOwer-No.3 red 93K June, S9I
85035N July, Seb@36I August 34X cash. Oats
easier-244 bid July. 231S bid August. 25T bid
casn. whisky unchanged at 81 o., Pork dull !:
Jobbing at 50 40. Cut meats nominal Bacon
unchanged. Lard nominal.
LIZ 2. m.-Wheat-s9H seller July. Corn
34% July.
U1NoINNAT1, June 13.-Por' steady and quiet
at SO 259s so: Bacon quiet--Shoulders AZ. clear
rib sides 5h@6s, Gil ar sides 51@5I. Sugar
cured hams unchanged at 801o7z.. Bulk meats
easier.Shoulders 40 bid AZ asked. clear rib
sides 5@6.o5. clear sides $50. Lard quiet-Cur-
rent mage steam 81, prime winter II, country
l kettle n. city do 8. Hogs Receipts to-day
3076; moderately active at shade easier prices !;
common 80 90@3 10, fair to good 90 1903 25 choice
So 1908 so, Viii Ky steady at 81 03.
Flour quiet and steady. Rye in moderate de-
mand; No. in elevator 81. Oats dull; % for
mixed and 30 for white. Barley dull Corn
quiet: mixed ear II. sheled held at 40 on track.
Wheat steady; Choiee-s1 O6 for white or amber,
and 81 04g1 o5 for red. Prime-Whfte 81 O2@1 o.
red 81,
FGFelEn.
LIVERPOOL, June ID, 1890 o. no. Cotton
hrmer: Mtddling Upiands SD. Middling Or
leans 716d; sales-l20Oo bales, Of which. 5000
are for exp 1rt and speculation. Wheat-West-
ern spring So 11d@9s I'd, do winter los 1Od@1ls.
Fiour-Western canal 23s 6d@25s. Corn view
235 Sd, old 27s 3dd 27s sd. Oats-3s I'D. Pork
Prime mess Western 42s 3d. Lard-Prime West
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

Total. ......... 9,039 9.971 s,127
Receipts at ports since September l.....A 1S1 582
Receipts same time last year ...........38 1877 752
Receipts same time year before. 4, G36 947
The consolidated report for six days gives
exports to
g. B. Ere. Con. Chan. Stocks
This week.. 9.647 Ala 5,184 -. 224 1863
h Last week :2o,9n $500 1912 254658
This week last
year. 1895 1.549 9.72o $500 800 14s
OCEAN FRE1aHTS-Are quoted as follows:
By steam-Cotton to Liverpool 5-16d@Xdto Re-
vel ID; to Bremen ID; to Boston. Providence.
Eall River. Philadelphia and Baltimore, via New
YORK, &c; to New York Nc; grain to LIVERPOOL
4s@sd. and TO Bremen p quarter.
BY sail3Ootton to Liverpool 5-16@Hd; to Havre
LIVERPOOL rid.
SUGAR-Receipts 48 hhds. Sales-27 hhds.
There is moderate inquiry for the local trade
we quote: Inferior 90; conmon 20
6He; fully fair 7c: prime 7K@7Ke; strictly
prime Ike; gray clarified -0-c: yellow clari-
fed, as In quality. 6@skc: off whites good to
choice. s5@s%e,; white clarified se.
The demand ts light and market steady,
We quote: Common 20@22c: fatr 2s02sc:
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
Furniture
At
JOHN BOIS',

Hg2, 1gA...... Camp street. ia
Is now prepared to sell fine as well as ordinary
New Furniture at greatly reduced prices.
Country orders respectfully solicited.
P. 9.-Also Furniture taken on Storage. and
Second Hand Furniture bought. sold and ex-
changed. One price only on each and every
article. No deviation. Country orders prompt
II filed. uEr1E Sm
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
THE NEW ORLEANS DEMOCRAT, FRIDAY, JUNE a. 1878.

ern s5s Cd Bacon Long clear 27s Cd. short clear
ASS Sd. Tallow-Ameriean ais Sd
las D. m Wheat steady. Corn ouieter
p D. .~-Cotton-Middlings UpIands 6 5-1sd,
which 5000 are for export and speculation.
p. m.-Baeon-Long clear steady at 27s
Beef-Extra India mess dull at 95s Lard
can choice dull at 46s. All other articles I'm
changed.
LONDON, June 10, 1890 o. m.-No. spring
wheat 9s 8d@9s cd. No. Q do 9s@9s 4d; California
unchanged. Indian corn unchanged. Wheat
Market strong but not much doing; consump-
tive demand only; cargoes on coast-No.
quiet and steady.
2.p m.-Wheat and corn dull and inactive;
prices unchanged.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
Trains will leave as follows:
TTnHHK Trrfrr rfrnU 1sn1

On SUNDAYS the trains will leave the LAKE
at $3.50 O'Clock .. m. and the city at O'Clock
The last train will leave the Lake at s;sC
O'Clock p. m. on Sundays;
Passengers for dentilly must notify the Con.
myi " yAlO1 " B. B. RoBfNsoN. Receiver.
T1HE NEW ORLEANS AND MOBILE RAIL.
THE GREAT sT TR I6RTH 1T Ho VIII TO THE
40 OARRYftNd THE d. B. Mail. DV''
Trains arrive and depart from depot foot
May IL. 1873:
EzPFsss 90 3 Is 3 NJ
Coast accom- Coast accom-
mediation, mediation,
daily, ex- daily, ex-
day. ...... 80 D. m. day. -: 900 a. m.
Pullman Palace Cars daily, to ngi1einnati
without change, and only one change to New
York and Eastern cities.
Ticket office, corner Of Camp and Common
mh2 " j v. 6oIhM1N T fs Rsent.
GREAT JACKSON ROUTE.
CHICAGO. ST. LOUIS AND NEW ORLEANS
Trains will leave and arrive at Calliope street
depot from May 10, 1878. as follows:
Express No. i, 500 p.nn. Express NO.. saS am.
Way No. 8. 1900 am. Way No. -. g I0p.m.
= Nos. and run daily. and daily except
Sunday. ~. 1T .--.-
through TO Louisville. Cincinnati and Chicago.
without change. and for st. Louis sleeper is
attached at Milan, enabling passengers to go
through without leaving the train.
Only one change to New York and Eastern
cities.
Friday evenings train makes no connection
for Chicago.
Accommodation trains between New Orleans
and McComb City:
Leave New Orleans $3.50 D. m. Saturday, and
100 O, m. Sunday.
Arrive at New Orleans at 1890 D. m. Sunday
and $50 a. m. Monday.
Sunday excursion tickets to McComb City and
return, ONE DOLLAR.
Tickets for sale ana berths secured at 2Camp
street. corner of Common.
A, d. SHELDON, Ticket Agent,
r. CHANDLER. Gen. Pass. Agent. NIB
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
by telegraph

LONDON, June 13.-Bar silver Is weak at
So lid v ounce. Consols for money 95 9-16.
for account 955S
NEW YoRK. June BIN Wall street money
closed at n y cent. Exchange closed steady at
485@4sTK. Gold opened at 1O1 and declined to
rm. Currency sizes SKIES 12o9i2o9. Pacific Rail
road bonds closed as follows: Union f1rsts LOT
@107A; sinking funds 1O1@101H; land grants
1O7t4@1O7h. Centrals 1Os@108k.
In State bonds Louisiana consos advanced to
72zs. and District Of Columbia 3-65's defined to
83I.
Clearing House Statement Currency ex-
changes $5s Os9 O39 currency balances So 1885, $40
gold exchanges. ss.2s6.636; gold balances.
$9O3, 27S.
Cisarings at the N. B. 8. N. Y.-Gold bal
anees 81. 1876: currency balances sl,525, 754
gold clearngs SO, SIS 900.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

Vaults for storing the government silver are
to be built In Philadelphia and San Francisco.
They will be like the New York vault, already
described in these columns. The three vaults
will hold 100000, 900.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The abundance Of money offered in New
York city on good security may be inferred
from the fact that $4,000 are advertised In
one journal. The terms are per cent on
first mortgages, city property, and 1t is
stated that S10,0OO000 could probably thus be
obtained without delay.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The steamship City OF Berlin, which left
New York last Saturday, carried out 45O sew
ing machines for Germany.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
ON ACCOUNT OF DEPARTURE.

ON ACCOUNT OF DEPARTURE.
ONE PAIR BAY HORSES, years old, very
stylish and thoroughly broken. afraid of
nothing, excellent roadsters. first rate
pair for family use.
ONE LANDAULET, built by Minor & Stevens
Of New York, cost $500 in fine order.
ONE DOUBLE HARNESS, custom made
pY MONTGOMERY b co, Auctioneers-Wi
- be sold on SATURDAY, June 49, at II a. M,
at Montgornerys Tattersalls. 10 Baronne street.
Terms cash. je13 3t
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

NO. II2 CHARITIES STREET, BETWEEN
ST. LOUIS AND CONT STREETS.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The steamship E. B. Souder and the
schooner Theresa G. Guitrez arrived yester-
day from Havana, bringing respectively $40
hhds and 290 hhds of sugar.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
FINANCIAL AND COMMERCIAL.
MONETARY.
OFFICE NEW ORLEANS DEMOCRAT.
Thursday Evening. June 10. 1878.
NEW oRLEANs CLEARING HOUSE.
Total thus far $40 Ii s5gs. $50 o

Total thus lar IS 1857 $40 IL S59S,539 u
The offerings Of paper. both at the banks and
on the street. are light. The movement In se-
curitiss to-day was large. and rates ruled firm
and higher.
We quote exceptional paper 1908 y cents Al
dos9tO; second grade do %; loans on col
laterals SOS: Al mortgage paper sh@1o: second
grade do o v cent per annum.
Gold is steady.
Foreign Exchange quiet.
Sight easy.
State Consols active and firm at 721kta72H.
Premium Bonds In good demand at 321s9324.
Stocks quiet
Gold opened In New York at 101, and closed
at 1909. Here It opened at 1O1@1O14, and closed
at 101@101A. Sales $4,000 at 101 sic, $4,000 at
STERLING sALES-e3OoO bill ladng ar 4s5
@4s6h. Bank sterling -@489, commercial bills
1876 @48616.
FRANCs-Bank francs =. commercial 5.16T
@5.16A.
SIGHT Bank sight X. commercial lie % cent
premium
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
AUCTION SALES.
By Hoey, Macon q o'Connor.
COTTAGE RESIDENCE AND sTABLINa.

OOIIACtE hEolbbNOE AMI BIAB1IIHkt,
No. 3s2 ST. LOUIS. BETWEEN ROMAN AND
PRIEUR STREETS.
RY HOEY. MACON d o'CONNoR Nicholas
=, - J. Hoey. Auetioneer- office No. II Caronde-
let treet-SATURDAY, June Is, 1878, at IL
o'clock M. at the St Charles Auction Exchange,
will be sold at public auction, by consent OF
parties, ths following described property
THE 0NE-STORY FRAME SLATE ROOFED
COTTAGE, No. $50 st. Louis street. In the Sec
ond District of this city. In the square bounded
by ST. Louis Cont, Roman and Prteur streets.
feet front on sc. Louis street by los fest inch
lines IN depth. between parallel, lines; the
cottage has three rooms and side gallery.
kitchen, large stable and wide side entrance for
veh1cles-an excellent location for cab or cart
men.
Terms One-third cash and the remainder at
one and two years credit with interest Of per
cent per annum from date. with vendors lien
and privilege and all usual security clauses.
and purchaser to assume payment Of all taxes
OF 1878. payable in 1879.
Act Of sale at the expense of the purchaser.
before ". D. Kleinpeter, Esq, notary public.
my26 30 je2 9 10 IA
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The receipts of cotton SO far this season at
St Louis foot up al, ZIG bales, against 217 ,1O1
last year, showing an increase Of 24,615 bales.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

In securities yesterday there was quite
large movement and both State and city
advanced. Consols opened at 7211S, and closed
at 7216@7234, against 72140721a on the pre-
vious day, the sales footing up $308,000
Premium Bonds were in good demand, and
opened at 325s and touched SO, but closed at
32S@3214, against 3155g32T on Wednesday,
with sales amounting to $28O,OOO. OF Stocks
there were sales Of twenty shares.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

NO. 20 ST. LOUIS STREET. BETWEEN
CHARITIES AND DECATUR STREETS,
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

REPAIR OF REVETMENT LEYEE.
DEPARTMENT OF IMPROVEMENTS,
Room No. IS, City Hall,
New Orleans, June 10. 1878.

Sealed proposals for repair Of REVET-
MENT LEVEE at New Lake End, will be re-
ceiyed at this office until TUESDAY, June is, at
IL o'clock m. Said work to be- done In strict
accordance with specifications ON file in the
Office Of the City Surveyor. The city reserves
the right to reject any or all bids.
JOHN MCCARTNEY.
je13 I'd Adminfstrator
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The Board of Trustees this day resolved that
after paying the annual dividend Of TEN PER
CENT on Capital Stock of Company. that a
dividend Of TWENTY PER CENT In cash be
paid ON Monday. June 10. to those parties en-
titled to receive the same.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The above statement is true and correct
transcript from the books Of the Company.
THOS. A. ADAMS, President
HENRY V. OGDEN. Secretary.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The New York Tribune, referring to the
unusually large number of'passengers going
out to Europe in steamships and sailing yes
sells, says: "Plenty Of bankrupt merchants
went off last week to Paris In halo of delight,
waited by good wishes from envious friends
and the odors of countless floral offerings, who
II they had remained at home would have
disappeared miserably in the region of cheap
boarding houses or in some obscure Western
town"
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
JUDICIAL ADVERTISEMENTS.
AUCTION SALES.
BY P1aoide j. Spear.
SUCCESSION OF HENRY DEMAssTET.

FAMILY GROCERY STORE, BALLROOM,
STORE FIXTURES, LIQUORS. WINES. ETC.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

MOST VALUABLE CoMMERCIAL AND RESI-.
DENCE PROPERTIES IN THE SECOND
DISTRICT, CORNER ST. LOUIS AND
CHARITIES STREETS.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
RAILROADS.
DoNTCHARTRAIN HALFWAY

L
Depot at the head of Elysian Fields street
near the Levee, Third District.
Excursion to or from the Lake and return
same day 20 cents. Children under twelve
yesrs 10 cents. Fare 10 GENTLY Is cents each
way.
Trains will leave as follows. .,...-
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The Philadelphia Ledger thinks 1t is great
ly to be regretted that the periodical reports
of mercantile failures" made up by the
agencies devoted to commercial matters,
could not distinguish between the cases OF in
solveney brought about by unavoidable mis-
fortunes In business and those in which bank
ruptcy is an inevitable result some time or
other, because of the speoulations, or the
recklessness, or the out-and-out rascallty Of
the bankruDts
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
ocean FreIghts.

NEW York, June 1s.-0cean freights fairly
active, with q steady market To Liverpool
by, steam. 10000 bushels grain at SID, 500 bales
cotton at 15-6td. To London by sail. 4s 900
1000 bushels grain on private terms. A British
bark to Antwerp with 600 quarters grain at IS
"a. Norwegian bark to Havre with $500 quar-
ters grain at IS 7Hd
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
BY Montgomery az Co.

FINE CARRIAGE AND VALUABLE HORSES
AT AUCTION.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
Second District Court for the Parish of Orleans
No. 4O.38g.

SUCCESSION OF PEDRO N. PALLET.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The returns of earnings for May from
twenty Western railroads show marked and
uniform increase, which, as usual. is most
conspicuous in the grain carrying roads, such
as Chicago, Milwaukee and st. Paul, Illinois
Central and Chicago and Alton. The earn
ings amounted to $6655957 against So, O52, 352
In May, 1877 an increase of $6O3,655. The
earnings Of the same roads from January to
June show an increase Of So, so5,910 as COM
pared with last year.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14


RYPLACIDEJ J. SPEAR. OFFICE
= NO 40 ROYAL STREET-TUE5DATs June
25, 1875 at 10 O'clock most precisely will be sold
Ct public aution, at the corner of Franklin and
dasqqet streets, by virtue and in pursuance to
"A Qrder from the Hon. A. l.. Tissot, Judge OF
the second District Court for the parish Of Or
leans. dated June 70, 1878. for account of said
/ a LARGE AND SELECT ASSORTMENT
qF oGHd9lCE g, FAMILY GROCERIES, WINES,
Q. STORE AND GAS FIXTURES
8. BAR ROOM AND FIXTURES
4. u BASKETS KRUG AND OTHER CHAM
6. Il GASES WEYMOUTH AND soHNApps
6. 1900 BOTTLES CLARET.
z. 1000 GALLONS AND 30 FILES OLD COG
MAC. madeira SHERRY. PORT WINE AND
OTHER LIQUORS.
g IS BARRELS WHISKY. GIN. ETC.
Terms-Cash. ie14 ta2t26
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

Sworn to and subscribed before me this
tWenty-second day of May, 1878.
ALFRED INGRAHAM,
Nnfuru puhlfo
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The propriety of taxing church property Is
again under discussion in New York, having
sprung up In consequence of some of those
innocent entertainments called strawberry
festivals. There is, it appears, o law in the
State that when any building is used for any
purpose whatever for which an admission fee
is charged, 1t shall ipso facto become liable to
the tax-gatherer. 1t seems impossible, how
ever that the Legislature should have con-
templated making pucn 1esJIvals, usuoli,,
planned by ladies as much for social amuse-
ment as fer raising money, q cause for sad-
ding the churches with taxes.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

Second District Court for the Parish Of Orleans
No, 40.316.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14
INSURANCE
TWENTY-NINTH
ANNUAL STATEMENT
OF THE
CRESCENT MUTUAL

Insurance Company.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-14

The Boston Advertiser thus describes the
condition of finances in that city:
The supply of loanable funds is excessive.
money accommodating not only In the banks
but In the hands OF capitalists and private
lenders, who are all competing for the paper
which comes upon the market. The great
shrinkage in prices which has been going on
for year or two past enables given amount
of business to be done with much less
money than formerly, while the greater
purchasing power and constantly in
creasing value of the currency also tends
in the same direction. The mercantile de-
nland Is entirely insufficient to give en-
ployment for the funds offering by the
banks. In some branches Of trade very little
money is wanted, and dealers prefer In many
cases to hold the paper of their customers
until maturity rather than to get it discount
ed at the prevailing low rates. Those who
are always needing more or less money are
also at q loss as TO what to do. Money is very
cheap now, but still they hesitate to borrow
freely for fear that it may soon go lower vet
There is SO much money and so little use for
it, The abundance Of money does not start
business, for business is too unprofitable at
present. On the contrary, the general tend
ency Ina the business world is TO keen within
small bounds rather than to extend opera-
tions. This is especially true of nearly every
kind Of manufacturing, and as far as general
business Is concerned there are very few
branches of trade the profits of which are so
great as to induce further expansion.