The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-04


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Al the Q y. N. meeting yesterday o' Wv
stock Exchange the death Oh DIT. u ~ : -
stall an old and highly esteemed member
ryas announced, whereupon the 'IXclans" y"
jon,nod In respect to bia memory
The towbrat John Gilmore ana harses
From 81 Louis, will probably arrive hh's
morning with 10000 bushels 81 corn ~ DUN
h4pl7 Of rye. 34O4n Of wheat ltS8 SACKS :"
oats and tGlo bales ot bay
rnnd,n alderman took City Thousand
1,iIo, lunch the other day. He had intended
!, INV nm estate. but took hearty lunch, f"''
as,oon was TOO late for the auction, and had
h, nav the bidder who had secured TIE prop
p,,tv flO.ooo FOR his bargain,
Tho Norwegian bark Capt. Peter Dahl
cleared Yesterday for lsuuen with W,'92
h,shela or corn IN bulk. Scarcely day
nasses ON which we do not note shipment OF
a,,n ii hulk or late the sailing vessels have
hneo,ne largely engaged in this trade.
There was but little done AT the Stock l1S-
change Yesterday in the way Of State OF city
eeourlins Stocks were in light request.
Twenty-Five shares Of City Railroad stock
,yero soId "A lilE,. and 20 shares of Slaugh
t.ll-Hnuso stock ~ 2bIq,
Tho committee in charge OF the mineral tx
h;hi, fn tho Pacific coast at Paris have pre-
rorad an interesting report, which estimates
thn Weld of gold and silver In The past TWEEN
tv-ninn Years at 81 9Gs, S3G. taG Tho total pro
duct or quicksilver from 1850 to i811 inc'u-
siyc. is put al i.Oo5,3GS Tasks
The egg business Of thia country has risen
ta an Importance which few comprehend.
Tho aggregate transaction In New YORK city
alone are about ~ oNo,o 600 per annum, and in
4ho United States $l9ooo0a0. englc firm
In that line of business in the East has han
died II 900. GOO worth Of eggs within year.
vt Louis contemporary makes this spite
mi hit NJ Chicago orally one more triumph
rnr Chicago. Chicago is probably the only
city IN the country which can accommodate
st9noo GOO worth of bankruptcy in thirty days
and show S5oO.N00 OF asa"ts Inc assertion
that Chicago cannot pay THREE cents on the
dollar must hereafter be branded rs false
hood"
A hill was introduced in the House Of Rep
,ssantatiyes IN tho thirieth uItime, and re-
Earrcd to the Committee on Banking and Cur
.pncv which aims To- sol aside the recent sale
az a., per cent bonds 80 the syndicate. The
hill declares it contrary to public policy TO
make sales to an association " the exclusion
AZ An other citizens. and Ia in fsNor OF selling
bonds for coin only.
Tho Western Union Telegraph Company
paws it's directors gold piece al every meet
ipn There are twcnty-nino directors. who
receive $o apiece, making $500 for each
meeting. Eleven persons are on the cScou-
tive committee. who get 81 Mt each weekly
meeting, OF $751; then the committee on OK
neudturcs mouts daily, and its three mem
hers Mcsats. Twomhlcy, Morgan and Thorn
$50 apiece IA week, always I'm gold.
Mr. Hester, the secretary, has made for Tho
Cotton Exchange n statement of the actua
stock of cotton in the port OF Now Orleans,
April 30. from which we take the following
fecapitulation.
Ralcs
Actual stock in presses April ~ ...... a6.dnS
IN pirkeries lo7G
an ahinhoard .......... GG6il
Total actual stock April 20 tGi 400
Received since up to noon May ..... 1860
1G7 $50
Exported since p. .a...... ............ loWs
Leaving actual stock l51}fi
According TO corrected running count
May It....t.-. =
Excess found Observation-Disclosures. t2,S25
Orthc above excess 1897 bales were made M,
by cotton seod oil factories in this city from
iintcrs. leaving actual excess from loose,
waste, damaged, etc, 1883 bales.
The following important circular was yos-
terday issued by the Now Orleans Cotton
a., nj inp AZ
cur cotton planting friends ..
The board Of directors OF This Exchange
deem IL their duty to call the attention of all
concerned to the new style of flax bagging
ttled with shives, which has of late boon
used to some extent for covering cotton
Planters are warned against the use OF this
kind of bagging, rs ii damages the cotton
moro or less. and is otherwise decidedly OBJ
iectonablc. because:
/. When the bales are stripped, the shivcs
remain IN the cotton and are 50 tenacious that
they do not always get knocked out i'll the
picker. but are often carried INTO the cards
and cause trouble
2 Cotton Is badly stained whore this bag
ging when wet touches it.
g. II ia worth but one to one and half cont
per pound as waste, while other baggng
brings two and half 10 four cents, u mate
rial difference to the purchaser who pays for
his bagging the same price as for the cotton
ii covers.
Buyers and consumers claim the right TO
reject all cotton covered with Such bagElng,
and the expense of picking the bales and re-
covering them with sound merchantahle bag
ging will fail heavily on the planter who will
he the only sufferer
Ii is therefore. suggested that the planters
discontinue the use Of flax bagginE of the
above description, which cannot he too
strongly condemned.
PERRY NuGENr, President,
HENRY G. HESTER, Secretary.
The Louisville Co,uier-IomnaI Of the first
instant, in announcing the resumption OF
business 10y the great whisky house of New,
comb \ Buchanan, of that city, says:
II will be remembered that. in consequence
of numerous difficulties growing out of the