The New Orleans daily Democrat., 1878-10-30
a,sgunmercial and Financial Matters.

Commercial and Financial Matters
CANNON carriers are liable for the value 0
asse property entrusted to their care, an'
Ahnrgfore. like consignees OF goods, may In
es,re property delivered to them to protec
themselves against loss.
gtates Consols ruled steady at 75075I
against 75(0751z on Monday. Premium Bonds
wgre easy at 2994a291z, against $4,000 OF
1sae previous day. Sales at the Stock Ex
change amounted to $4,000 OF State Consoh
sHaa $4,000 Of Premium Bonds.
Gas stocks In oil large cities Of the country
aro depreciating very fast on account OF tht
K1aison electric light. In New York the gas
stocks went down several notches, but the
greatest drop was In Montreal where 1t tum
hled 121@ per cent in one day.
The Postof1ice Department rules that "bank
notes and greenbacks having written sigma
ture or signatures added by means Of a fac
siznllo stamp, or any other mark or sign
added to the original print (engravlng) If
sought to be sent In the malls, would be
subject to letter rates Of postage, under
soction 156 postal law.
Y The Brooklyn aldermen, as board of esti-
Hnate reduced the salary Of the Brooklyn po-
Nice force as follows: Superintendent, from
$4,000 to S350O; chief clerk, from S2700 to $2500
captains from $4,000 to $500; sergeants, from
$500 to $14OO; the roundsmen and patrolmen
from St10O to $1,000. The detectives who have
Boen on the force for five years are to receive
Sl5OO. Other detectives are to receive $1,000.
Tho last Treasury report showed that the
exports and imports for the twelve months
then ended had increased $83,0000 900 over the
corresponding period In 1877; that the Inn
pDFts for those twelve months had fallen off
$aA, ,G92 731; that the exports had increased
Silt, ,2O5 431 and with the increase Of $83, ,O0O,-
0GD in the whole foreign trade, the balance of
trade In our favor for the year reached the
aaaormous sum of $500, 100000.
The Hartford (Conn.) life insurance COM
panies. as far as now known, have suffered
hsses by yellow fever, aggregating over
$4,000 Nearly all the large life companies
have lost more or less. But few Northern
companies had agencies In the South, but
Northern people who had held policies before
removing there had kept them renewed. It
1s quite probable that the Losses to all the |
companies by the yellow fever will aggregate |
iato the hundreds of thousands OF dollars.
Last year, In consequence Of political agita-
dion and stagnation In trade, the pawnshops
of Paris made nearly s8,oOOO00 of loans on
almost 100000 Of Objects-a greater amount
than for years before Somuch furniture and
80 many heavy articles were pledged that
great warehouses had to be rented to store
&hem In. An unusual number of articles were
aa1nEg ftatlI pea
SONS In Massachusetts engaged In the manu-
Rnnt,1re of textile fabrics to be 74,A63, OF whom
gz GiR are females, and "a ,854 are males. VI
sne males 81 per cent, and OF the females AZ
mer cant, are native Americans. Ihe Tor
edgners are mostly from Great Britain ana
Canada. Only 46 per cent OF the males and
a9 ner cent Of the native born females cannot
read or write, while OF the foreigners IL per
eaat OF the males and 23 per cent OF the temales
sannOt .
Tho increasing volume OF our foreign meat
trade Is one of the best evidences OF our pro-
gress in agricultural pursuits. The report
os cattle products for the year 1877 amounted
10 The enormous sum Of 6,686, 715, while for
9hls year 1t has already exceeded last year
NV three millions This trade has been more
es,an uuadrupled In the last decade, showing
what rapid strides American products are
making In all foreign markets. In the lace
og financial depression 1t has continued to
grow, showing vigorous enterprise
Civil service reform hardly seems to be
making the progress that Is desirable In the
New York Custom House. The new collector
has got himself into very serious disfavor
with the kid glove importers by his arbitrary
action In fixing the valuation Of those articles
mt 40 francs dozen, when A. T. Stewart d 20.
have q standing offer to furnish any number
of pairs up to 100000 for A francs. Na-
turally enough tho opposition OF the I'M
nDrters takes the form Of dark hints that the
collector will not be confirmed by the Senate.
The brewing interest OF Great Britain en-
uloys over 10000 hands in all departments,
and an invested capital OF 81, ,000,0 100000. The
Rreving and mailing trade yield the govern
poent for duty and licenses revenue OF almost
$50, ,oo00 0oO In the United Kingdom are al,olo
brewers, some of whom brew from 3OO,OOO to
gpO, 900 barrels per annum; 4097 malsters, and
144, ,425 dealers and retailers In beer OF malt,
nearly 7O,O00,0oO bushels are annually con-
gumed. Of tho $4,000 acres planted with hops
lin England the County Kent alone embraces
NEARLY $4,000 acres.
The rapid development Of cotton-sp1nnlng
at the South Is illustrated by the fact that
within radius of twenty miles Of Atlanta.
Ga. there are enough spindles to annually
consume 10000 bales OF cotton, the one cotton
factory of that city employing GOO hands.
Atlanta has rolling mill employing 800 men,
three railroad car shops employing several
Au,uarod and the largest brewery south OF