The New Orleans daily Democrat., 1878-10-26
G,onnaerciaI and Financial Matters
There are 1000 workmen employed in IoRlo'
Japan In making safety matches alone

. J0Dan, III Hhkluk SdI6bf SAo'Ao'
The British steamship Ariel cleared yester-
day for Liverpool with 1904 bushels OF "het''
In bulk, besides 1926 bales Of cotton
The personal estate Of Mr. Martln' b hon hon-
don banker was lately sworn under oz''oo'-
OO0 The firm dates from the time OF 2'leeh
Elizabeth.
State Consols ruled weak yesterday at 1874 |
GQ7311s, against 73140755s on thursday fle-
MUM Bonds were easy at 294f929%4. Inc
sales at the Stock Exchange amounted 10
$50, 500 Of State Consols.
A bee master at KerWick, England, wanting
fo sell his hives, advertised: Extensive sale
of live stock, comprising not less than 14O,0o0
head. with unlimited right Of pasturage' The
trick succeeded admirably.
Business with the marble and stone works
is moderate In Baltimore and Philadelphia.
The Eastern trade continues very poor. In
New York and Brooklyn the stone yards are
doing very limited business letter from
San Francisco reports the marble and stone
trade generally dull.
Trade with the carriage and wagon works
In Baltimore and Chicago is dull. The New
York and Brooklyn carriage works are mod
erateIy employed Reports from the West
Indicate O. fair business. The Eastern trade Is
fair as a rule In Boston some shops are
slack. At New Orleans, Atlanta, Ga; Charles
ton, S. G., and other Southern points business
is reported steady, though not very brisk.
Trade with the car works is moderate
throughout Pennsylvania. At Altoona, in
Ira fiyyn md on W
at the rate of 225 per day are now being
turned out from the wheel foundry OF the
Pennsvlvania Railroad Company. In the
East and South trade is steady, but with
little activity. The Western trade is also
steady. -
novel question has been raised in suit
for damages at Rochester, N. \. AS basis
for the suit it is alleged that the defendant
sent to the plaintiff q postal card; directed in
care of the latter's employers, which con-
tanned, among other things, this statement:
s'You have collected bills due u.s. and used
the money, to the amount OF S27 81 , so please
call and settle and save trouble The jury
brought in a verdict for the plaintiff and as
sessnd the damages at $3.50. The case will be
apnealed to the Supreme Court Of New York.
Bank failures suspected of being the product
of dishonest management are serious inatteTS
In Great Britain, and it is not surprising to
hear, therefore that the authorities in Scot
land have promptly taken hold OF the Glas-
COW Bank failure with the determination to
find out who were to blame, and punish them.
The secretary, the managing director and six
associate directors have been arrested on q
charge of fraud and confined in separate pris-
ons SO that they can have no communication
with one another, to await trial
The employment of travelling statesmen Is
periodically discussed, and just now Chicago
and Detroit trade journals are giving atten-
tion to the subject. The Chicago lumber
dealers declare that the system Is q positive
injury to the trade, and that in future they
intend to discounteDance it. The Detroit
Weekly Price Current, in order to show what
the opinion of the leading merchants Of that
city really is on the subject, publishes the
sentiment Of o member of the principal COM
mercial firms with the result Of only one dis
sentient voice. The New York Bulletin re-
marks upon the system as follows:
In addition to the reasons commonly ad-
duced In favor of it, it is to be remarked that
our country embraces so vast al eXpanse OF
ferritory that, in these days Of keen competi-
ton, he who would have trade must go and
seek it, and not wait upon the chances OF its
coming to seek out him. The latter plan
worked satisfactorily enough when there were
no railroads or telegraphs and trade ran
along in routine and well-worn channels, but
business methods have been 50 revolutions
lied by these nstrumentalities that new
adaptatiOnsa are Indispensable in order to keep
I'D with the enterprising spirit Of the times
The commercial traveller has always beer
more or less factor in the markets of tht
world in every age, but he has never been SC
thoroughly utilized and his importance was
never so universally recognized as at present
Even though the Chicago lumbermen have
concluded to give him the cold shoulder, anC
firms in other lines OF business think hm toe
costly an appendage, are inclined, there
fore to think he will continue to exercise bis
Functions as widely as heretofore The truth
is he belongs to o class that it will be very
difficult, even il it were desirable to suppress
Hence il the lumbermen shake him off, and i
some of the dry goods merchants imply thai
his business is a peddling one, other interests
are pretty sure to take him upand afford hin
an opportunity to continue his usefulness II
diffusing trade wherever, or howsoever, o.
whensoever trade is possible.
A Frankfort correspondent of the New YOrl
Bulletin gives the following dscouraging ac
count of business in Germany:
The dullncss of trade continues, with excep
tOns in some branches OF manufacture, how
ever In fact, the political and social dstur
Dances have been reacting on one another, ant
were 1t possible to eliminate the continual ag
itations of our rulers in tho political anC
commercial worlds, there are many reason
for believing that matters would not be SO bad
There are special reasons for the present bat
condition Of trade in Germany, but most o.
them can be resolved into either undue inter
ference on the part Of the governmen
or senscess demands by the peopl
themselves. First, the proposed purchas
of the railways by the government cause,t
a great deal of uncertainty and checked rail
way enterprise Next came the tobacco ques
ton, which, though not yet settled has in tn
meantime caused serious losses to the trade
The importations of the article have been Yer
heavy, and now there is q stock on hant
which is hard to get rid Of. We have, more
over, the tariff question, which, perhaps NOR