The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-10-02

che word, according to Spiers' dictionary, Is
ssstoppage." or standing STILL
The visible supply Of grain in the United
States, dates given, was as follows:
Sept, q. Sept; a. Sept %,
y Wheat. bushels - IL $50 900 117os489 $3.50 e41
oata boses 4 1ysS 4sss7s
R Rgag sssSSS
The Greenup (Kentucky) Independent says
In proof of the advantage OF river transport
alton over that by rail, q barge of coal con-
tanning $4,000 bushels can be delivered by
river from Pittsburg to Cincinnati for 500;
by rail 1t would require forty cars, 300 BUSH
els per car, at lowest cut freight rates of $40
per car, aggregating s16o0-a difference OF
$500 In favor Of river transportation.
In Missouri an assignment by a debtor
does not release him from his debts unless
they are paid in full or all the creditors con-
sent to the debtors discharge A household
exemption of $4,000 in cities of 10000 inhabit-
ants, and of $500 in cities OF less than that
population and in the country, is allowed.
Certain specified articles are exempt or, In
lieu thereof, personal property to the value Of
$500.
In France everything Is done to make the
poorer classes thrifty. There are 5000 saw
ings banks for school children alone, to deposit
their pennies. Economy Is thus taught from
the tenderest age and is the most important
lesson In finance. In Client, a, 900 boys and
girls deposit 100000 annually. No failures
occur. The rate of interest averages per
cent. In 1870 there were 1880, 900 "penny de-
positors" In France.
In a recent message to the city council the
mayor of Baltimore called attention to the
manufacturing interests Of the city, and ad-
voeated the exemption Of manufacturing
property from taxation. He remarked upon
the commercial prosperity of that city, its in
creasing foreign trade, it's facilities OF all
kinds for manufacturing, but was sorry to
call attention to the fact that Baltimore ranks
lower than any Of the larger cities In the num-
Der OF her manufacturers. The capital in
vested in manufacturing in Philadelphia is
S252 per capita; in Wilmington, Del, 1886; In
st. Louis $194; in Cincinnati s1s8, while in
Baltimore 1T is but $97. In only part Of the
cities is the rate of taxation higher than in
Baltimore. The first two named are the ones
specially competing with Baltimore, In neither
of which is there any tax imposed upon the
plant or machinery used Machinery and
plant are held In those cities the same as me-
chanics' tools elsewhere, and are not placed
on the tax bill.
At the present time by far the greater part
OF the files manufactured and used In the
United States are machine-made In every
part. Handwriting is still carried on, but
mostly in a small way. There are great
number Of shops making hand-cut files, pro-
ducing from one to two dozen per day, but
they depend chiefly upon the profits of recut-
ting. The statistics of the file industry of the
United States may be briefly summarized as
follows: There are seven manufactures MAX
ing machine-cut files, operating together
about 275 machines which at the present
time are probably averaging 1900
dozen files per day. These seven
companies also produce together about
200 dozen hand-cut files, making total of
100 dozen per day as the product OF the seven
principal file manufacturing companies The
smaller manufacturers before mentioned make
only for local consumption, and seldom sell
TO the trade. Of the whole number not in
cluded in the seven already mentioned, prob
ably not more than fifteen manufacture for
the general market, and their aggregate pro-
duction would not amount to more than 500
or GOO dozen per day. Probably the total pro-
duction of the United States is about $500
dozen per day.
An article in the New York Shipping
List intimating that the chief duty
banks Is to furnish currency, has
drawn the following reply from a
Western correspondent. The writer under
takes to explain why the banks have to fur
nish the currency and, unwittingly, no doubt,
succeeds In making good greenback or anti
national bank argument. He says:
In all civilized countries, it is the duty OF
the government to supply money. This fur.
nishing a standard and measure OF values
appears to be considered as an evidence OF