The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-28

go direct by the shorter route from New VI
Beans.
As striking evidence of the progress OF
Shc revolution in transportation charges, the
Chicago Tribune notices that lard was sold in
liverpool at 81 43 per 100 pounds, while the
same article was selling in Chicago ut So So
ger 100 pounds: showing that it costs less
than 81 per 100 pounds to move lard from
Chicago to Liverpool
New York has held on to the old time omn-
bus with persistent conservatism. despite the
manifest superiority Of the street railroads,
but there are strong Indications that tho ON
nibus lines will soon have completely disap-
peared. The Madison street line. which was
valued ut $3.50, 900 year ago, was sold under
ahe hammer last Monday for $4,000. That
Cine and two others. the Twenty third street
and Fifth Avenue lines, are MI that arc left of
twenty-five lines that were in operation few
years ago.
State Consols Ind another tumble ycster
day. They opened ut "a, went UP to Is apd
sold al tho close at "a. the market closing
weak at 7394 bhl and "A asked. against 74'40a
rs last Saturday. The "bears' arc certainly
having their day. IN this matter Of State
Gonsols there was circumstances yesterday
which may, possibly have some Significance.
A low minutes after $4,000 of Consols were
sold at the Exchange at IA. lot Of the
same securities belonging to The Whitehead
estate and offered for sale by apublic crier
at the st. Charles. was run up in the bidding to
T5lt hut was not sold on account OF tho bid
being lower than the appraisement. This bid
was made by one Of the most reputable
brokers in this city. and was no doubt, n
bona tide one.
Yesterday there WAS u large sale of stocks
and bonds at the st. Charles Auction Ex-
change by Messrs Hoey. Macon a. O'Connor,
which consisted of tho following:
Merchants Insurance Company. shares
at 49, 81 at 3s}, 25 ut 3Sla, 100 at 37s % at 80.
IS Mt 49,
Orleans Insurance Company shares ut
Al. 81 ut Al, 100 at AS, 30 at ilTs.
Home Insurance. Company.-10O shares at
o. 100 ut Ola, 80 at %. III at 2lTe.
20 shares Citizens Bank stock at 53}G
shares Hope Insurance Company stock
Mt 49,.
lion at Is.
% shares Gcrmania National Bank at 1927.
az shares WaterworkS stock at "a 4.
10 shares Slaughter House stock at 25
"a shares SLiIe NaIlOIlal DhllK Sbock AL b5.
Is shares Home Insurance Company at221s.
The Now York Bulletin lately published an
interesting article on the subject Of taxation
in European cities It shows by official state
ments that there is scarcely large town In
Europe whose ordinary expenses have not
doubled within the last ten years, although
fhe population may have only increased from
10 to 90 per cent. London is omitted from the
list. on account Of its annexation of neighbor
ing districts. The ordinary receipts Of the
city of Paris wcre in 1866. 150,000.O0O francs:
Today they are 900, 100000 francs, an increase
of SO per cent. 1t had ,825,OO0 inhabitants in
1866; now it must have over 100000. or an
increase of only 10 per cent The expenses of
Berlin were, in 1869, 1S,H900O francs; in
1875 they We're 4G,o00,000. or an advance
of $50 per cent in six years. The popu-
lation In 1867 was 7O2t37; 1t is now over
100000. Vienna in 1865 spent 270O0,000
francs. Of which 10, 100000 francs was for extra
ordinary expenses. The outlay rose In 1874 to
$500 600 francs, of which the extraordinary
expenses We're 3G,5O0000. Even for the ordi-
nary budget, says the Bulletin, there is an
advance Of IS per cent in ten years. The pop
ulaton Of Vienna was 1000 In 1865: In 1874,
$4,000. Ii is now about million. Munich is
IL prudent city. Its expenditures in 1864 were
A7O0,O 600 francs; In 1874 only $4,000 francs.
Its income is over It's outlay, and this though
population increased from $1,000 In 1864 to
100000 in 1875. Its taxation Is 81 to % francs
per head, instead of 100 francs per head for
Paris. As francs for Vienna, and 81 francs for
Berlin. One of the most extravagant cities
l.. trtt vnrt In
lures of the city did not exceed ,575 900 francs,
of which l,737 900 francs were extraordinary.
In 1873 the expenditures swelled up to the
large sum Of 3O,025, 200 francs, of which $685.,
600 were extraordinary.
The italian cities have been above all others
carried away by municipal extravaganza.
Many Of them are on the verge of bankruptcy.
Everybody knows about Florence, and that it
cannot pay; Naples is hard up; Rome is en-
barrassed. The expenditures of Florence
were s, 759, 900 francs III 1866 in 1876 they were
23,712 900 francs, of which 1911 900 francs
came under the head Of extraordinary. The
total receipts In 1875 were only 1898 900
francs, CT which 2205, 900 were extraordinary
The deficit was, therefore, nearly 100000
francs. or 50 per cent OF the receipts. Since
1866 the expenditure have almost trebled, and
yet the population has decreased In 1866 it
was l91. 235; in 1875 it fell to l77,000 ..-
The expenditures of Rome are said to have
more than doubled from 1871 to 1876 rising
from 10000, 900 francs, Of which 100000 was
extraordinary, to 1950O,000, of which 100000
is extraordinary. The population is 100000.
The northern cities are more prudent Genoa
has increased its budget only from ITO 900
francs in 1866 to II 100000 francs in 1875, while
its population has increased from 1G6, 900 in
1867 to $4,000 in 1875.
The following table shows the ordinary ex-
penditulres of several of the leading European
cities per head of the population:
Francs.
Paris los