The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-09

know that financial difficulties arc not CON
fined to this country Mt present. The great
firm of builders. Corbett Il Nicely. of Lon
don, failed on Saturday for $1,000 900 Their
assets are varously estimated from $4,000 900
to $4OO0,ooO.
A Boston man named Samuel b. Hale who
has been farming in Buenos Ayres forty -tve
years owns now $4,000 acres of rich prairie,
5000 cattle, 800 horses 10000 sheep and 400
hogs. The fences cost S2G,00O Last year the
wool product Of the farm netted 532ooo
pounds, and there was yield Of 100000
pounds of talow; also, $3.50 sheepskins.
The appreciation Of greenbacks to coins and
another cause are discriminating the army of
money brokers in San Francisco, who once
amounted to 200. The other cause is the re-
cent passage OF a law enacting license fee
from every broker. no matter how small his
business of $l0l quarter. The large brokers
are said to have procured the passage Of this
law.
Gas for the public lamps In New York is
coming down, the bids of the several compa-
MES for the year ending April 30, 1879 being
fully 33a and in some cases nearly 30 per
bid of the New York Gas Company, which
was $40 30 per lamp in the latter year, Is now
$12; that of the Metropolitan Is reduced from
$50 to $40 So and the New York Mutual from
$40 70 to SIG Go. The awards have not yet
been made
By way of warning, the London press re-
minds this government that Great Britain
paid a fine of $4,000 900 for depredations COM
mitted by the Alabama and her consorts dur
ing the late war. This suggestion Is made
that the government may exercise due vigil
ance In watching the movements of the Rus
sian steamer Cimbria. now in American
waters, for the alleged purpose Of creating
1otilla OF cruisers to prey upon English COM
meree.
At present the annuities to tho sons and
daughters Of Queen Victoria, which the
people of England are called upon to pay
amount to Gl2l 600 year, in addition to
which there are annuities of 10000 to the
Princess Of Wales, f12O0O to the Duke of
Cambridge, 10000 to the Duchess of Cam
bridge, e5000 to the Duchess of Teck and
$4,000 to the Duchess of Mecklenburg -Strelitz
Add to this G3S5. 900 a year to the Queen her
self, and we have grand total of G542, 900, or
in round numbers, S2,7o0,oo0, as the total
grants to Queen Victoria and her family,
which the English people have to pay an
nually.
The United States produces 100000, 900
pounds OF wool a year. just half of what Ger
many produces, and 100000 pounds less
than either Russia or France. Great Britain
produces 260, 100000 pounds; Spain, Italy and |
Portugal together produce no more than we
singly. Altogether the world produces about
1,7o00O0,000 pounds of wool, of which Europe
gives one-half, Wool is the principal product |
oil Australia, and it has made her cities larger !
than New Orleans. Ohio has $500, 600 sheep.
which could all be grazed in the Laramie val |
ley alone. Ruenos Ayres has 100000 head
oil sheep. Sahe great prairies of America will |
ultimately supply the mass of wool for the
world.
There are in New York 10, 995 retailers OF !
drinks, seven-tonths of them selling hot
liquors. The proprietor of the Metropolitan
Hotel reports that his bar receipts were SITS
a day. Ii we suppose the average reccipts at
the bars to be $40 day about 500 900 would
have been spent every day for liquor in New
York by tipplers alone This is equal to
S10,0OO,000 year. 1t is computed that .260.-
oe0ooo drinks are taken in New York, and a
tariff OF two cents on spirits and half a cent
on ale will aggregate 50 l00, 900 city revenue
We spend for liquors in the United States
sf35,oOo,o0o year. or nearly four times the
cost OF running the general government; and
yet the English exceed us in guiding by $50
600 900.
late report OF the manufactures OF Eng
lahd shows that in Great Britain and Ireland
there are $4,000 people in the cotton factories,
lS6,ooo In the wooden factories. IS 900 in the
shoddy factories, 1872 900 in the worsted fac
tories, l2s,O0o in the flax factories. 5000 in
aemp factories, IS 600 in jute factories, 1900 in
hair factories, $1,000 in silk factories. Is 600 in
hosiery and other factories In all British
textile factories, nearly 1900 In number. are
employed more than 100000 persons, of :
whom 6l2,oo0 are females There are 66S 900
power looms, nearly 46.Ooo.Ooo spinning {
spindles and 100000 doubling spndks.
They consume about l2,oOOO0O 900 hounds of
cotton and 193,0O0,00O pounds of all kinds Of
wool !
In speaking OF the transportation of leaf !
TOBACCO from the West to New Orleans for
expectation to foreign ports, the st. Louis
Republican expresses the opinion that this )
route will undoubtedly soon be used for the +
pFInclpaI movement of this imnartant nr, s