The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-15


slnn Times. referring a. the failure ~ w
Winter Rallies. cotton broker. states that h'
had future contracts ior 5000 bales Of cot
ton. His liabilities are about SlO0OO0.
Our Boston friends have always been notec
for blowing their own horns, They seem de-
termined to keep well supplied with thos'
Instruments for the bark Erie Reed cleared
yesterday from this port for the Hub witt
Ito OK horns.
A new law IN Massachusetts makes the bro
ker or agent who negotiates the insurance the
agent OF the company. anything In the policy
to the contrary Notwithstanding, for the pur-
pose OF receiving the premium. III the agent
appropriate the premium ne Is held for sim
pie larceny.
New York had wonderfully moral streak
ON hand when the bill for repeating the bank
rupt act came up, and a petition In its favor
was largely signed. 1t was discovered after
wards that twenty Of those who signed the
petition availed themselves OF tine provisions
of the bankrupt law itself
A conscence-strickcn man in OHIO while
on his deathbed. confessed that he had made
his fortune by the Illicit distillng OF whisky,
md he has given his estate to the govern
ment His estate will however. only amount
to q fractional part Of what he has cheated
the government out Of
One of the advanced thinkers who main
tains that property is robbery, insists upon
fifteen minutes as the legal limit OF days
work. All property is to be transferred to the
government, redistributed pro rata among
the people, In trust, and whoever works more
than fifteen minutes IN a day Is to be pun
ished by fine and imprisonment. The milon-
mum must bic at hand, sure enough
Fires break out in the city Of New York
yearly at about the rate of one In ll5 build
ings In the city of London at the rate, year
ly. of one I'm 445 buildings. This means, ac-
cording to the prevailing insane theories OF
moral hazard that the people of London ale
above three times more honest than the peo-
ple of New York, In respect to outbreaks OF
fire.
The Savannah Cotton Exchange, to protect
the reputation of Savannah as cotton port
against damage abroad from badly packed
cotton from the interior passing through Sa-
vannah. but not handled there, has passed
resolutions requesting shippers of cotton
from that city to indolsc upon their bills OF
iading for cotton shipped upon the spot the
clause, Compressed in Savannah
An exchange gives this account OF the vari |
Gus kinds OF wheat Those from Southern
Europe and the Southern United States have
small, transparent tinty grains, showing
-. - ~ ~,
They will thus make good macaroni. Canada,
Northern and Central United States, Russia,
Germany and Scandinavia have larger
grained wheat, with more starch, but have
much gluten in the bran. Our Pacific coast, |
the British Islands and Australia, grow
wheat with large, light-colored. soft grains,
showing an excess of starch, owing to cool.
moist summers.
The st. Louis Republican of the eleventh |
instant says: "There is a continuous and con
siderable shipping movement of wheat, corn |
and rye for foreign export going on wheat /
and rye principally by river to New Orleans
and corn freely by rail to the Eastern sea-
board, and at present barges are loading here
for one Of the largest lows Of grain to Now
Orleans yet noted. There is large move
ment of grain going forward to the seaboard
from all the principal Western grain centres,
and stocks are largely diminishing. At this
point the reduction is constant and If the
shipping movement goes on as it has been,
and receipts do not respond, our elevators
will shortly be bare of grain"
The Boston Advertiser gives the following
reason for wanting enlarged facilities for cx
port trade: The matter of pay for mail ser
vice becomes matter of as direct interest
and Of as much Importance to the merchant
and m anufacturer as to the steamship owner,
and so long as England pays her ships in this
manner she gives to her merchants and
an advantage over those Of
every nation whose government does not so
pay. The English government considers this
mail service worth, and pays for it, three
dollars per mile; the French government
over six dollars per milo. Our government
pays two cents per milo for the same service.
1t Ia not surprising. therefore, that rates Of
freight from England and France to foreign
ports are less than rates on the same goods
from the United States
Tho New York Journal of Commerce is
Justly regarded high authority on u wide
range Of topics, rs evidenced by the valuable
impaired in its columns rs re-
plies to inquiries. But the Cincinnati Price
Current shows that journal has something to
learn In the manufacture Of the article Of
salt. subscriber OF that paper recently
asked: as butter used in the manufacture of
salt, and If SO, what part does in perform"
To which the Journal Of Commerce replies:
''Salt Is used In making butter, but we never
heard OF any case in which butter was used
in making salt except as the workmen con
sumo it In their food" Butter Is largely
used by salt manufacturers in the process of
or making tine grades, such as are
used for dairy and table purposes Tallow
also ncnnmnlishnS tho Samn work at some |