The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-08

The exports yesterday of corn in bulk from
this 6jty footed 10 76.2Oa bushels Of which
the steamship Laconia, for Liverpool took
3G,oa4 bushels. and the baiken'lDe H"ige W.
Sweeney 1920 bushels,
At an early closing association m@''lhg
held III London lately # was stated that while
artisans work about tifty-two hours week,
shor assistants Hhcv are never in England
dipnified by the name OF cleric, work eg''y
and ninety.
A Chicago man Says that he ia going t" put
1000 hives Of bees nn balgos drawn ny tog,
starting from Louisiana nolthWaih ON the
Mississippi hnItpg every iit'ym'ie !" allow
fine bees tn feed arriving AT the clover fields
of Minnesota in July,
Ron wood, editor. politician md lottery
,lealer. has failed for t2'315G with question
able assets amounting to $lO3,6h. Among
his liabilities are $4,000 to Fernando Wood,
100000 10 Patrick Moynahan, liquor dealer
$4,000 to dublin Tricks" and Sl8,ooo to The
CITY III New York. He seems ~ have taken
foo many chances in his own game
PHILADELPHIA has shipped since the opening
Of MA nearly 1000 900 bushels Of corn, 600, 900
bushels of wheat and 10000 bushels Of rye
II takes twenty vessels a week to carry the
grain away from Philadelphia, and three YES
sells To take the petroleum. Philadelphia IS
lust finishing an immense iron steamer 10
run from San Francisco TO Oregon, Phila-
dephia car wheels are exposed ID the London
markets.
Texas estimates an increase Of r. per cent
in her wheat crop over last year. The acre
age last year was about 100000, this year 1t
will ha about 450,0NO. which, at an average
WELD Of thirteen bushels per acre, will pro
,luce crop OF 5.O5O,O0O bushels This is in
sufficient for the home consumption OF that
State. and the probability is that The increase
Of production will not keep pace with add
tonal requirements. for only tho table lands
are profitable for wheat culture. cotton pay
ing better in the low lands while timber lands
consume more than they produce.
The sales OF State Consoa yesterday
amounted to S2sJ 800, and the market closed
stronger, being quoted at TsGM77as, against
W. ra7hf, on the previous day. There was
one sale Of $4,000 at 777s which IS a higher
class of securities since tho twenty-soventh
of March. when they were quoted at 77lamlW.
AS we predicted the drop in prices on Mon
day caused by the Supreme Court decision on
the New Orleans Pacific Railroad bond ques-
ton. was but momentary, and The reaction
has taken place even quicker than VIC antici-
pated.
ifIS ut
Of Representatives by tho Committee on
WAYS and Means by which the TAX on manu-
featured tobacco is 10 be reduced from "a to
1G cents. has been hanging fire In that body
for many weeks. and this delay In taking ac-
ton IN the Same has had d very worrying
ms well rs injurious effect upon merchants
engaged in that trade In fact, the uncer-
taintv as to the fate of this bill has caused
almost m entire suspension Of business in
that line. On Monday this question came up
before the House on u motion TO suspend the
rules and put the bill on its passage Several
Of the friends of The measure being absent, the
requisite two-thirdE vote was not obtained.
but If is confidently asserted that the bill will
he passed when il is formally brought before
the House hy twelve 70 fifteen majority.
n was pleasant t. observe. yesterday the
change in feeling and the huoyancy oil spirits
manifested by our mercantile community,
wrought Ivy the prospect Of an early connoc-
ton by rail with Texas. Tho decision OF the
Supreme Court in the matter OF the New Or
leans and Pacific Railroad seems to have
lifted from our people dense cloud o. doubt
and dstr,st which had settled upon their
minds, and opened up to their longing ana
wistful eyes pleasant vista OF future pros
perity and happiness. The general impress
sion seems to De that before eighteen months
roll around Now Orleans will be bound to
Texas bv rails Of steel, and that two roads
Morean's and the Pacific will vic with each
other in throwing into our lap the iich
products Of that tocming State and restoring
to the Crescent city her ancient commercial
prestige aud renown.
Id an article ON the "Strugglc Tor Trade,
the Baltimore Sun says the merchants Of
New York seem to bc getting considerably
worked up over the fact that that city shares
In the general effects following the override
vclupmeut Of years past. as well as the natu-
raj distribution of trade consequent upon the
struggling enterprise of other cities and The
spread of industries in sections more accossi-
ble tn them Notably are thoy disturbed Ivy
the distribution of the grain and produce
business among other ports, and theresultant
dimnution Of receipts of both at the port OF
Nav York There seems to be indeed gcn-
cral feeling that the trade of New York Is de
Ginning and that an energetic effort must bt
made to retain the prestige uf that great
commercial emporium. lu the matter 81
grain. the receipt and export Of which
New York for many years enjoyed almost a
monopoly, the loss is attributed less to the
longer distances of the New York roads tt
the Western grain folds than to the heavier
terminal charges and the lack Of facilities fol
storing and shipping grain, The first neccs
sity in providing these was u belt railroad t