The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-31

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Increase this season over 1915. ..-.-... 92.231
Increase THE season over 1856. ...-..... 1854
Increase this season over 1861. 33.322
A late issue Of the London Times contains an
interesting compilation Of statistics showing
the aggregate sums expended by England for
food from abroad. from which it is learned that
the amount paid In the year 1877 to foreign ma
nons for corn, cattle and meat was s4s4 1893, es5,
to contrast with s435 ,4i6.930 in 1876. For live
stock the sum dlsbursed was in 1877 s3Oo7s .45o.
as against $50, 3o1 5l5 In the preceding year-the
prices paid being somewhat lower last year
than the year before. The sums for fresh meats
were much larger, consequent upon the ship
ment from the United States and Canada OF
quantities OF beef and carcasses of mutton. The
total sum paid for foreign stock alive and
dressed was in 1877 $50 $40; In 1876 it amount
ed to s96, 152, ats. For corn the sum paid last
year was ss15 1861. 120 In 1876 $25T 673 24O. For
egn butter cost In 1877 SAT col 525 cheese $780,
25b, and eggs $12 s62 1885, to be compared respect
ivoy with s4S5t3 12o. sat 14O and ss 656 In
1876 The British demand for American butter
and cheese Is constantly increasing.
1t was predicted at the opening of the present
Congress that the effort to have the bankrupt
law repealed. which has been gaining strength
among the more prosperous OF the commercial
class Of late, would be successful during the
present session. The reporting Of bill to this
effect by the Judiciary Committee of the Senate
certainly makes this more probable than ever
before. The House passed a repeal bill couple
OF years ago. which the Senate then refused to
concur in. but 1t Is conceded that the temper of
the House on the subject remains the same.
The fate Of the bill remains with the Senate.
and. If passed by that body, there Is no doubt
that It will become a law.
1t is not reassuring to reflect that from such
bummerism rs will be rampant on Tuesday
next is due such crushing facts as the follow
ing: In six Of our largest cities. from 1860 to
1876 the local taxation was uuadrupled-from
$15O00.000 to $65, 600; and the debts nearly
Quadrupled-from ss5 1900 to 1906 100000. In
fourteen of our cities the population has in
creased 10 per cent: the taxable value 1856 per
cent; but the debt. 27o per cent, and the actual
taxation for State. city and county purposes
increased 1868 per cent.
New York real estate dealers as rule, declare
that the market for city property has seldom
been duller than now Residence rents have
Iallen of 33h per cent since 1873, and rents OF
stores and Offices from 40 to 40 per cent Sales
for Investment are reported to be increasing
and a better market is anticipated compar-
ison between the rents Of good residence prop
erty In New York city In 1873 and 1878 shows
general decline Of 3sh per cent.
Russia is rapidly increasing her transporta-
tion facilities. All the railroads running to the
Black sea are receiving a second track and 600
locomotives and 600 cars have been con-
tracted for to be delivered in May. The new
road from Burgas. on the Black sea. to JAM
boil. In Roumelia. will give her easy access to
Constantinople and all the country south OF the
Balkans.
The Baltimore Gazette has to chronicle the
tact that expressions of disappointment in re-
gard to the extent of the spring busin ess are
heard. The distribution of merchandise for
homo consumption has. however been as large
rs could be expected. taking into consideration
the general depression of industrial pursuits,
and the business situation as whole is rather
a hopeful one than otherwise.
According to the report OF the Illinois State
Auditor. the fire. marine and inland insurance
companies doing business in that State received
in 1877 an aggregate of premiums amounting
In round numbers to $1,000 900. while the losses
paid were 900. leaving margin Of tri1e
less than $sooo,ooo for profits and expenses.
The present wheat crop of Tennessee will
yield one-third more in average than that of
any previous year since the war.
The gross receipts of the Erie Railway from
milk receipts are said to be not less than $4,000
per diem every day in the year.
An artesian we'll at Charleston & g. bas