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

/ Inc supreme court OF Tennessee has rem.
dered the important decision that trustee Of 9
| stock OF goods for the payment of debts ia moi
II liable to pay merchants tax.
Yesterday three vessels left this port With 1906
barrels OF cotton seed oil and 1894 sacks of oil
i cake. This manufactured product of the cotton
seed is becoming large and most important
article OF export to foreign countries.
i The British steamship Gassendi cleared yes
terday for Liverpool with 10000 bushels Of corn
| In bulk. This is the smallest shipment OF bulk
| grain that we have had to note for weeks past
| Besides there were shipped 1873 sacks of corn
1 per steamship Hayten for liverpool 12po snckl,
| OF corn for Apalachicoa and s1s sacks of corn
| for Mobile.
:, The yield of wheat In the United States In 1877
q according to the report OF the National Agrieu-
| tural Department was 100000 900 bushels, so :
M0oo.ooo more than the product of any year and
nof this amount 1t Is calculated that over no.
1000 can be spared for export The acreage
| .of winter wheat planted for 1873 is greater than
that Of 1877. The yield Of corn was 800 900 600
| bushels. with corresponding yields of oats and
potatoes.
An exchange says: There Is little doubt but
the agitation by Congress of so many uues-
tfons that affected trade has been the cause of
the general paralysis of business all over the
country THAT looks" says the st. Louis
Times, "a little like putting the cart before the
horse. IL we recoeet Alright. the PARALYSIS
struck all over the country In Septen ber 1873
Ii this be Sc. little healthy agitation by Con
: gress' is Just the thing to set the country on
its stalwart legs again. o
The United States District Attorney at New
York has caused to be filed in court libel
against the schooner Josie Crowley which was
q run into by the New Jersey ferryboat James
Fisk on Saturday night of last week. during a
fog. The libel is iled to recover The penalty of
$4,000 for failing to sound bell or give warning
to approaching vessels while lying in high
way Of commerce. at anchor In the Hudson
river. and for not having exhibited a light az
was required by section 44a3.
Russia purposes heavy land transaction
with Turkey. The indemnity for which she
will take land In Asia Minor amounts to about
81 600 10000. Ii Russia would accept land ut
$50 per acre-a fancy price. when the tract is
taken into consideration Turkey would have
to put in about 35 600 square miles to fill her
n part of the contract. The indemnity proper
which Turkey must pay in bonds amounting to
5000. cou,ooo. and guarantee the interest out of
:, her revenues, must be appalling to country In |
i chronic state of bankruptcy as Turkey is.
f1Ceulaiuk 70 iIS lhleaL AuvlC9s me affairs |
the Island of Cuba are In terrible condition |
4 There Is little business or money. Gold il over
q 100 per cent premium. and Is going up. The |
government expenses In Cuba are $50 900 600 n |
II year. and this sum. beside city taxes has to
al come out OF population of 500, Oo0 ade UP of
II whites, free and slave negroes and the army
| The Madrid government has made the truly
1 loyal" on the island foot nearly all the war ex-
penses. and will continue to do so. Another
decade will utterly mpoverish the people. while
the insurgents can keep up guerrilla warfare
| indefinitely
Senator Beck last week presented In the Unite.
! States Senate the resolution of the Kentucky
Legislature asking that the Committee on Com
1 merce prepare bill to render the quarantine
system effective. A quarantine convention was
also held last week at Jacksonville. Fla, at
| which the principal cities Of the seaboard were
represented by their mayors. health officers and
leading physicians. resolution was unani-
mousy adopted urging the government to aid
In the enforcement Of quarantine by recurring
that weekly reports be forwarded to Washington
hy United States consuls. announcing the sani-
tary condition OF the localities where they reside
and notifying the State Department OF the de-
parture Of any infested vessel or cargo for an
American port
The American Fish Culturists' Association
will hold Its seventh annual convention in New
York this week. The association numbers
about one hundred members from nearly all
the States, among whom are many scientists,
who will read papers on fish culture and dis
cuss tho artificial propagation Of shad. salmon
trout, salmon, white fish, bass. pike. perch etc
The meeting will be an important one. asd will
tend to enlist fresh interest in this important
subject. Salmon have recently been taken in
quantities from the Mississippi river, near
Memphis, the result of the planting of several
hundred thousand eggs in the river near the
mouth OF the Wolioriver. and tho experiments
haveobeen successful wherever entered upon /
intelligently.
For ten years Cincinnati has been Attempting !
to secure a railroad connection with the South !
western States. through .Cumberland Gap and !
KNOXVILLE. but she finds it difficult and eos y !
undeltakipg. Hsr southern Railroad. projected
to secure the desired connection. was begun {
900 900; but il hns 'ost seo ooo and is not m
lsheti yet The trustees now ask for - 900 900 L
me monoy to compcte it. Tho total cost to I.
t ne city. including interest on the si6 600 900
bonda issued. has been over 800 900. 600 all OK.
pended "a to resure Southern connections which Il
plain bitterly OF tho .incapacity of the trustees
whp have the en-, HnerpT5e in charge they are
f. complete the road. butthey want now se. q
~ trustees TO oaye the Spending of it.
lHe icnNCn limtS totyS.
Mr. William Abbott h ,.s Just issued his analy-
Ets OF the accounts Of the Joint Stock Banks of N
london for the past halt year. The figures are
tos time inter sting mainly from the testimo- n
by which they give 10 tho remarkable stability B
pf the tota's wi h which these banks deal Trade P
pay % bad but the profits Of the banks Ger o
EnnlY DO not show it. nor are the current and
r,eposit aconoun IN the aggregate lower than in
{he preceding half year. except in one or two n
Instances. The average rate of dividend paid Il
ey she ten bants included in the list was i3A n
per cent and the lowest per cent TO some =
4Ntent, however, this seemingly large distriuu- q,
: on i, mfsir aiding. inasmuch rs the aggregate -
Deserves If the banks amount to So go oOo a IT
elm on which no dividend is nominally paid I.
The tusai uf both capital and reserves more n
Ever, is but small against the gross total of de- 1
posits ana acceptaGces with which the banks -
Fave to deal, being but f!2 500 600 against a.