davidaulloa/AmericanStories huggingface dataset:
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

Up to July /, 1861, the only paper money in
circulation In the United States was that
issued by the State banks. Under the acts of
July II and August 5, 1861, Congress author
lied $6O000,000 in demand notes, and the en-
| tire amount authorized was issued. These
notes were payable on demand, and were
therefore regarded with the same favor as
State bank paper. Legal tenders were issued
1862, and March 8, 1868. The total amount
authorized was $45OOO0OOO, and the total
amount issued was $447, 100000. Just prior to
| the first issue OF legal tenders the amount Of
have all since been called ill., with the excep-
| ton of S62,297, which will probably never be
| presented Fractional currency was author
lied by the act Of June II, 1862, to the extent
Of $5o,00O,000, but only $40, 103,660 was issued
This ended the issue OF non-interest bearing
paper by the government The total amount
of this paper authorized, actually issued and
now outstanding is as follows:
Non,interest bearing paper au-
thorized ........... $500, 900 900
Actually issued Observation-Disclosures. 556 4O2 1883
Outstanding June 80. 1878 ...... $685. 291 ,O52
After issuing S556,000,000 in non-interest
bearing paper, it was deemed unwise to at
tempt to float any more on the same basis;
and by the act Of March 8, 1868, one and two
year notes, bearing per cent interest, were
authorized to the extent of $4OO, OOO,O 900. but
only S2l1 100000 was issued. BY the act of
March 8, 1862 and another Of June 30, 1864,
COiup0uHu lHGeEeSb IOLeS, bearing b per Cent
interest, were authorized to the extent of an
other S400,000og0, but only 1896, 500, 400 of the
amount was issued. The only notes Of these
two kinds outstanding on the thirtieth of
june 1878, were as follows:
One and two year notes ...... SOC, ass
Compound interest notes ....... 274,92O
Total Observation-Disclosures. 1866, 405
The total paper money circulation Of the |
country nominally in existence on the thir- |
tieth Of June, 1878, was as follows:
State bank circulation ......... $426, 5o4 !
National bank notes .........s.. 324, 1884
Demand notes Observation-Disclosures. 62,297
Legal tender. Observation-Disclosures. 346,681 ,O16 !
One and two year notes. ..-..... 90,485 |
compound interest notes 274920 |
Fractional currency. ............. 16,547,790 |
Total ACKNOWLEDGEMENTS $685., 597, 275 |
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

Disadvantage as compared with the Aneri-
can The cost of living tends to become the
regulator Of wages. The natural advantage
in this case, however, il overcome BY the ar
tifcial dfsaa vantages created by the American
tariff.
We have for some time been aeeusto 20
finding the records OF the current foreign
trade more favorable than at any former pc.
reg Of our history. but the above exhibit i of
q character which Is indeed surprising. IL Is
unparalleled in any other nation Of the earth.
me favorable balance Is more than go per
cent Of the total imports, and more than 90
per cent Of the total exports. The balance is
about So per cent larger than IL the last fiscal
year, the gain being $1O6 674 ,573, or more than
the entire interest on the public debt.
With balance OF S257, S32,667 the country
the dullness OF money on this side, which
maintained higher range for our foreign
held securities than ruled In Europe, which
were consequently importedi in large am cunts.
II the product Of precious metals IN the
United States amounted to $95,0O0,0OO, the
country OF course gained about $91, 900, 900 in
the twelve months, including the proportion
OF precious metals consumed in the arts
Louiville GOurier-J curnal.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

SOULEs COMMERCIAL COLLEGE AND
- Literary Institute.-Day and evening ges.
sSions the entire year; elective system: 50
branches of study; daily lectures; gymnasium
disposition manners. health and morals: non.
seetaraan; students free to college, literary and
debating society: full faculty; large. well ven.
tus; special classes In partt 5ular studies, for
boys. at from 81 to Ss per month.
felazy GEO. sOULE President,
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

The San Francisco Bulletin has an interest
ing article on coin and currency, from which
we extract the following:
To show the volume Of paper money In the
United States at the end Of each fiscal year
during the past eighteen years, and its gold
value the Treasury Department at WASH
tngton has prepared an interesting state
ment, from which we have obtained the an
nhxef figures.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11
FINANCIAL AND COMMERCIAL.
MON ETAWY.
MONETARY,
OFFICE NEW ORLEANS DEMOCRAT, |
Saturday Evening. August 10. 1878. !
NEW ORLEANS CLEARING HOUSE.

OFFICE NEW ORLEANS DEMO CRAT. |
Saturday Evening. August 10. 1878.
m@. NEW ORLEANS CLEARING HOUSE.
Olearings. Balances
August TO- ....-..... S364.242 40 s5s.111 4t
The offerings of paper for discount, and the
movement in securities, are both limited.
We quote exceptional paper 7@s yB cent; Al
do 9@10; second grade do @; loans on
collaterals SOS; AL mortgage paper s1l@10
second grade do @ ap cent per annum.
Gold is steady.
Foreign Exchange is quiet.
Sight steady.
State Consols easy at $685.
Premium Bonds weak at 3o4031.
Stocks dull.
MIR. 1. N. Maynard, superintendent OF the
Clearing House, has obligingly furnished us
with'the following report of the average daily
condition, after the morning exchanges, of the
Associated Banks for the week ending Friday
morning, August 8, 1878:
RESOURCES.
Specie (eoin). 1898 800 90
u s. legal tenders and National
Bank Notes (averagel.. ........,. 3,O95, 400 90
Other cash items taveragel. ...-..... $500 90
Sight exchange on New York taver-
:, agel....;. Lis 900 90
Eorelgn e&cnahge NaFefagel- ........ 303,3 90
Due from distant banks and bankers
taveragel: $3.50. .:.............. 159 900 90
Loans anI discount tayerage}. 10 066 200 90
otner casn assets taVerage) ...... 1928 200 20
Total ...,.......--.......... .s19, 289, 200 90
LIABILITIES.
Circulation. 81 400 752 10
Deposits leverage net after ex-
cnangesl. 9a94,O0O 90
Due distant banks and bankers. sub ''''''0'' W
Jeet to check (average). ......... G425oo 90
Other liabilities to banks and bank
,, ers.. .:...... 1893. 500 90
Othef cash lablllt1es taVerage}... 1880 90
Total. .s12, s4s. 552 so
COMPARED WITH LAST WEEK. ~"
Increase. Decrease.
go1n: ......'..,.......... $4,000
Leaal lenders ..'''..'.... 10000
Loans $105, 900 1900.
Deposits. .............. 3o5.0oo
Gold opened in New York at 1907 and
closed at 10Oh. Here it opened at 1GO15@
1909, and closed at 1001a0100A.
sTERL1Nd-Bank bills -@48511ls, commercial
452@4S3.
FRANCS Bank francs -, commercial $40.
SIGHT-Bank counter rate Il, commercial
and bankers BIG y cent premium.
NEW ORLEANS STOCK EXCHANGE SALES.
FIRST GALL, 10A.M
81, 1000 State Consols ... 1917
16,500 Premiums 3OT
States 725s@7sL; Premiums; aoA@sozz. /s
SECOND CALL, 10 nj.
No sales. +...~ .-m. 49,. .5..--.. .z#-
States 72334@73: Premiums 3OA@31.
by Telegraph.
New YORK, Aug. 10, p.m-Money'2 ID cent. |
Exchange higher ut 49, Gold 1907 Gov
,rnments firm. Stocks dull and irregular: |
from 1sg4 " cent since the open
ng.
New YORK, Aug. 10.-Money closed easy at |
OF " cent. Exchange closed higher at 4S4 |
g48S. Gold opened and closed at 1907. |
governments closed firm. Currency skies
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11
MUNICIPAL ADVERTISEMENTS.
PROPOSALS
PURCHASE OF STOCK IN THE NEW Or.
LEANS WATERWORKS COMPANY.

| PURCHASE OF STOCK IN THE NEW Or
| LEANS WATERWORKS COMPANY.
OFFICE OF THE COMMISSIONERS OF THE Con-
solidated Debt City of New Orleans,
Room No. s, City Hall. New Orleans July a. 1878.
Sealed proposals will be received at this De-
| partment until MONDAY, August u. 1878, at IA
o'clock NJ, for the purchase OF one thousand
| shares more or less. of one hundred dollars
each. in the New Orleans Waterworks Com
pany, payable in the floating debt Of the city,
(excepting city money! as authorized and de.
| scrfbed in ordinances Nos. 445s and 458G. a. s.
as follows:
Certificates Of appropriation.
Certificates for fve-eighths tax excess
Tax warrants.
Interest coupons due prior to July /. 1875.
Interest coupons Waterworks bonds.
Unpaid ordinances for years 1878, 1874, 1876.
1875, 1877.
Registered judgments.
Criminal jury and ooroners warrants.
Certified debt of the City of Carrollton.
Bids to state the highest price for stock, not
less than par, payable In floating debt, as above
described.
Blank forms for proposals may be had by
applying at the office of Administrator Of Public
Accounts.
The city reserves the right TO reject any or all
bids, and answers will be- given the following
day at lam. ....
ED: PILsBURY. Mayor:
j. @. DENIS,
Ad :. g. BR8W # Finance;
Administrator of Public Accounts,
jy28 I'd Commissioners Consolidated Debt.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11
COM I'M ERCHAL.

OFFICE OF NEW ORLEANS DEMOCRAT. \
Saturday Evening. August 10. 1878.
CoTToN-The demand was light to-day and
sales we're confined to 100 bales at unchanged
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

The st. Louis Republican, Of the eighth
instant, says: 'sThe Port Eads and barges
carried among the cargo $4,000 bushels
wheat, $4,000 bushels corn, and the large
number Of 1U,473 sacks, or $4,000 bushels Of
x%psft
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

Tn 1860 an act was passed by Parliament
under which the government took possession
of dill the telegraph lines In England at an ex-
pense OF G10,ODo0o0. An amendment to the
act Is now pending, the effect OF which, Ii
utsssed, will be to extend Its terms SO as to
bring the telephone under governmental con-
EfoI and etfectually prevent any profitable
zlse oil 1t by private parties, which Is bad for
Prof. Bell.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

The public debt OF Europe was divided as
follows In 1876: France, s4e8792t, 400; Prus-
la, s229, 1859, 375; Italy, $2OO0,ooO,Ooo; Russia,
sS1,25a tO0o0; Spain, s2,e50,000,000; Turkey,
sSg27 ,oOo, 900; Great Britain, $3884, 1862, TAO.
THESE are the heaviest debts, and they bear
hardest On Turkey, Italy, Russia and Spain.
While some of the debts may have slightly
decreased in the last two years, Others have
greatly increased, as in the cases OF Russia
ard fTrrlyay
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

The movement yesterday in securities was
limited. and rates continue irregular. State
Guslsois opened at 1871, and closed easy at 730
y355S, against 731a@732s ON Friday. Premium
Bonds closed weak at 3o4@31, against 5000
III II on The previous day.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

HE BRITISH OUTLAY FOR FooD-Tn 1877
i 2sas imports Of breadstuifs, provisions and
iive stock into the United Kingdom amounted
/ m a 4SS, a64, 800, q sum which considerably ex-
seads the value of all the MERCHANDISE Of every
ption imported into the United States.
3ae value OF the hreadstuff imports was S327.-
as84 800 and oil provisions $3.50, 100000. The
KaDd Imports OF the United Kingdom were
Hi ueh the largest in value on record exceed
those of 1876 by S5a,000,ooo. The present
saEsrage liz about three times as large as
twenty years ago, and the value per head of
Tie population amounts to about SID 75
If these food supplies cost 25 per cent more
Hill land than in American markets, by
Ss&xssOn cI the cost OF ocean freight, commits
i0ns. etc. we may at once perceive that the
jsla laborer operates under great natural
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11
Received Same time Same time
since Friday, last week, last year.


Receipts at ports since September /. 4, 226 500
Receipts same time last year 8 1897 621
The consolidated report for one day gives
exports to
G. B. Ere. Con. Chan. Stocks
This week. 62273
Last week.. -. -. 77,O5g
This week last
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11
Commercial and Financial Matters.

France. 10 fortunate Id Its wine yield since
the war, ID nowa heavy sufferer. The phyi-
Ioxera has already appeared IL tilirty-four DE-
partments and done damage computed at
S2na. nru, 900. Burgundy has escaped as yet.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

The revolution In values at Coney Island.
N. Y, Ii 80 sudden and immense That leases
which went begging five years ago OF $75 are
now held bit $4,000 for two years. The open
snsr af The new railroads did it,
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-08-11

Controller Kelly, Of New York, has asked
the heads OF departments to send to the
beard OF apportionment the estimates OF
their expenses for 1879. The controller urges
4 tlle commissioners to exclude from the esti-
mates every item Of expense that is not actu-
ally necessary, and adds that the control over
The appropriations that the board Of appor-
donment possesses will be Vigorously en-
forced against every expense not deemed
absolutely Indispensable. Under Controller
4 Kslly's vigorous system OF economy the debt
of New York city was reduced about $5,0o0,o0O
iast wear.
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06
Millinery Bazaar.

MRS. ROAG wishes to return her sim
cere thanks to her friends and the public
generally.for tue past patronage, solici..
ting continuance of tho same. She will
cndeavor as heretofore and is determined
to please tho most fastidioug.
Millinery and Fancy Goods Stock is
complete, French Pattern Hats, trimmed
and untrimmed, Straw Hats and Bonnets.
Sun Hats and Sailors, Ribbons, Silks,
Laces, Flowers, Feathers, Illusions, Neck
Ties, Rnflling, Linen and Lace Sets,
Handkcrehiefs, Corsets, Gloves, Buttons,
60, &c. '''
Second lot Of Spring Calicoes, also nico
lot of Dress. Goods, Mohairs. Alpacas,
Japanese Silks, Wash Poplins.
and other nice Materials and
Trimmings. Calls and
see,,. Ladies', for your
selves,
A large lot Of Mems, Ladies' and
Chll1ren's Shoes" Gents md Boys Fur
and Straw Hats, fine and course.
a ohoice lot Of Family Groceries, Can.
dies, Cakes. Maokerel, Tobacco. Cigars
Kerosens Oil, Hardware, Woodenware,
Iinvare' oroekory, &o. @ {, #
sguants " 81 I.urdp Tor sale low fos
Il ssSss;9s
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06
SPErIAL NOTICES.
Why Will You Pine Away =?

w rHouT A PAR.LI.EL. The demand
FOR Dr. j Brtltie!i's Female RcGulator
is beyond precedent in the annals OF
pnprtar r"n,alles OrlnrS come il 50
thic< and last thHt The proprietor IS
hcretof,'-a been nntbtc to liii tarnl all.
He Is i.oNpy 10 state that arrangements
are now complete by Which bc is pre-
pared to- mann!a3ture Female Regulator
on IL scale equal to the emergency, ana
The public may feel assured that their
wants may now be supplied. Physicians
OF high rcpute are using this great
remedy, III daily practice, al over
Georgia. This valuable medicine Is pre-
pared by }. B.adt:eld, Atlanta, Ga, and
j. sold at IL. 80 per bottle, by DIR. ". L.
AIKEN.
may l3-2w
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06
june 6
RESOLUTIONS

Passed by the Feastervillo Demo cratic
Club:
Rssolved, THAT this Club fully eplorse
tho conduct of L. S. Brice in the last
Legislature.
2nd. That while we believe II. A.
Gaillard to bs n man OF honor, MS well
rs possessing other qualifications char
acteristic of the trne gentleman. we do not
endorse him rs representative, and
with honest candor earnestly protest
against his reel eotion Or tre election of
any Of the .egal profession to the Lcgis-
lnture. That we are willing to concclc
IN 1t to the Lawyer belongs the interprcta-
non and administration Of the laws,
But aim for the f.rmcr, together with
the Mechnnlc and Merchant. tho ri. .,ht to
make the laws
3rtl. That these resolutio ms be pub.
iished in THO county paper.
J. HENDRIX McLANE,
Secretary 3)rO tenn
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06
WinnsboIo . Democratic Club.

Winnsbo1o Democratic Club.
The Winnsboro Democratic Club
met in the court house on Monday
evening. The minutes of the last
meeting were read and confirmed.
DR.. r. B. :Hanahan, VIM. p. Aiken
and George Holley were nominated
for membership and !upaaimopsly
elected.
Mr.. R. Means Dayis, pursuant to
notice previously given, Offered the
following as on amendment to the
constitution of the club:
If any person, after having been
elected o member of this club, shall
fail, within thirty days thereafter,
TO take the pledge required and
sign tho constitution, a new election
shall be necessary TO :entittlle him to
. admission. " ~
On motion, the amendment was
;a,naenimously adopted.
On motion, the clnb then proceed
Led to the election of an Executive
Committee, Committee on Regis
.tration, and q member Of the County
Executive Committee, with the fol-
lowing result
N N Executive Committee-F. Gerig,
James Betty, g. A. White, 4. S.
Douglass, r.. Means Dayis.
Committee on Registration--J. r.
{ McMaster, J. Q, Davis, T. w. Lau-
.dale,'J. D. McCarloy, J. NJ. Beatty.
Member of County Executive
yCommittee-Jno. s. Reynolds.
On motion, it was resolved that
Sthe club proceed to the election of
-four delegates to represent the club
gin the next County Convention, and
that the club meet at some future
time, previous to the Convention,
to choose such additional delegates
g il may be entitled to by reason Of
5 & any increase in it's membership. The
election resulted in the choice Of the
tollowing >named gentlemen JAS.
aH sREion, =. Gerig, J. II. Cummings,
"a g. ~ H 3 %MAesMsster. Y i
The following resolutions, offered
siby Mr. & q. 4 Means Davis, were unani-
gtnonsly adopted l,.si
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06
Notice TO Taxpayers.
AUD1ToR's DFFIcE,

sf AUDIT0RS s DFFIcE,
W1NNspoRo, s. c., May 20, 1873.
rTlHIS Office will be open from the 1st
l. of June to tho 9th Of July, 1878, to
receive Tax Returs for the fiscal year
1873. BY orders from the Comptroller
General the real estate will also be ro-
assessed ut til" same time. All male
persons between the ages Of twenty-one
and sixty years are liable to Poll Tax, and
will report 40, ordihgly..
will attend at tho following places on
the days specified, for the purpose Of
receiving returns, VIZ:
FeasterHillo. June ID end rs.
Monticello. June "a and 49,.
Jei,k kinsyille, juno l9.and 20. !.
Horeb, June 2 land ga. ;ys.s.
, D9ko June "a and IS. ,..f N 81.
& Bear Greek, June 26 and 81. ls
RidgewaysJ June 28 and 20. 81. s.5 ]
urham g, July Iand2, isS ss;
dden,s q Grove, Julyj3 and A. u B. y
3 w Ward q, July and 3. 3 e I$s 81
y "a ~ (;s
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06
from this club to the County Con--

from this club to the County Con-
vention be instructed to vote for
such persons rs delegates to the
State Convention as will use their
votes and influence for the renomi-
nation Of Governor Hemptou Ill i
all the present eXetny;ve officers of
the State.
Q. That the snid delegates b. in
structca to vote for such persons as
delegates % The Congressional Con =.
vention aa VIII usa thcr votes and
influence to secure the nomination
Of Maj. T. ~ Woodward for Con
gress from the Eourth Dstrict, ns
fist choice, and for Col. John II.
Evins as second choice.
3. That the sli delegates he
instructed to supper Gen. Jno.
Bratton for the position Of County
Chairman.
On motion OF Mr.. j. II. Cum
mings, tho Committee on Registra-
ton was instructed to canvass the
town and yirinity, With view to
increaso the membership of the
club.
On motion, the club then ad.
journed, to meet again on tic 18th
inst. for the purpose Of electing
such additional delegates to tho
County Convention us any increase
in the membership may entitlo tho
club to send.
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06
FOE CONGRESS.

At g. meeting ol tho Jackson's Greek
Democratic Club, Of Town Lip No. -,
t:r following resolution was unanimous
~ nd"rtc;i:
RcSNcc,l. That W, rncommcnI our do
serve, ,ity popular icllow-citizcn, MAJ. r.,
w. WOODWARD, for Il seat in the Con
gresS of tho Unitel States, AMI ask ouY
delegates to the Nominating Convention
to urge lis claims.
Extract from the minutes.
RE. ELLISON, SR.,
=. HAsTINGa, President.
Secretary.
june1--ti
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06
SURVIVORS ASSOCIATION.
MONTICELLO, S. c., Nav lG. 1877

II HHE orghaization of a survivors, assn.
L cintion of the remaining members of
18th s. G. regiment being in conten:pla-
ton, those mcmbers who are disposed to
take an net interest in perpe etuating
the record made by these two compan
les during the war, are invited to an- in
te:chunge Of views as to the most suitfi;-
bic time and plnce for the reunion of tn @
members left from hotA companies.
Respond promptly, comrades, and let
us meet at an early day.
may 81 tx2w JOEL, W. PEARSON.
The news and herald. (Winnsboro, S.C.) 1877-1900, 1878-06-06

A neighbor informs us that his
wife never knew a quiet night until
the doctor prescribed DR.. Bulls
Baby Syrup for her little ones. =
AROUND powN.-Weather proph-
cts are numerous.
Chicken thieves are again at work.
Keep on the lookout for them.
A calico hog at the Thespiap Hall
was the sensation Wednesday evon~
ing.
The Histriqnic Club promise an
other enter tainmcnt about the 9TH
of July.
Calisthenics and Upton's manual
OF arms divide public attentiop at
present.
The colored public school has
CLOSED for tho season after q
session Of five months. There have
been over two hundred pupils in
ATTENDANCE.
A clerk in dry goods store wrote
in large letters on u box outside,
fNo plpms or blackberries wanted! !"
Some miscreant rubbed QMt the
word "No," and now the clerk
threatens to commit suicide.
FIRE IN THE CouxrRY.-Informa-
tion hts been received Of tho total
destruction of DR.. Samuel r. Mob
ley's dwelling on Tuesday morning
before day. The family had retired
!at the usual hour, anl at half-pas st
three o'clock in the morning one of
the members was awakeaed by tbe
glare of the flames AMI the cracking
oftire. So far had the work of de-
.struction progressed that the family
barely escaped, saving scarcely any
tang of value. Furniture, silver,
even clothing, WIS destr oyed.
Nothing was insured The fire
Originated in that portion of the
house near the kitchin, but from
the time it occurred, it is believed
:to have been the work of m incen-
diary. It is sincerely to he hoped
that the miscreant will be caught
and punished. If convicted he will
hang, as arson is now a capital of
fence.