The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-10-23

N short time. Throughout the Middle State
business is only moderate.
|H@ Northern merchants are beginning to com
lain Of q falling off in business, and nine our
vi ten say the reason Is to be attributed tt
HzHhe fear Of congressional intcrmeddling with
The tariff.
"a The October report Of the Department Of
III agriculture estimates this yoars corn crop
u 1,300,o00,oO0 bushels. Tho yield Of wheat
Pill exceed 4O0,O0O,0OO bushels, probably the
Greatest quantity Of wheat ever produced In
nc year in any country, and the crop OF oats
Ill be larger than the very fine one of 1877.
So A few years ago nobody would think Of buy
liz q pocket knife that did not have the Shelf
B zeld stamp on it. Now one-half the So, 900, 900
Forth Of knives sold annually In this coun-
Eak.y are American make. The great success
90 American manufacturers has been In their
Sillful machinery, as in competition with the
and labor Of England
produce 80 bushels Of grain per head.
Btimatlng our population at 40 600 900, while
EUROPE with d population Of not quite 3OO,-
100000, produces only 1G bushels per head
md Great Britain only 4 bushels per head
III being estimated that the average cOngump-
lion of grain per head Is Is bushels, we pro-
Suce three timos as much rs we require,
Abussia not twice It's wants, and Great
Britain not much over one-fourth her require
3nent.
u Egypt seems to be IN more favor than Rus
9ia with European capitalists. 1t is reported
"a London that the Rothchlds have taken an
Egyptian loan Of $780, 100000, the proceeds of
Fhich will be used in clearing off the floating
8ebt and facilitating the adoption of a sound
financial system by the Khcdives govern
81ent, under the guidance Of the EnglisI? and
grench members Of tho new administration.
he Russian finance minister has been ped
ling n small loan Oh the continental bourses,
1T there is no news yet Of his success.
The report Of tho commission which has
A}5t completed an investigation Of the affairs
Il the Bank Of the City of Glasgow is o.
a oclSing tale for the unfortunate share
Sbders Of that institution as well as 4. sad
Commentary on the dishonest practices Of it's
sfficers. 1t seems that the old practice of
9octoring its weekly reports to the govern
AQent was brought into requisiton on q very
gerge scale, and that the shareholders and |
Ehe public Interested in the bank We're regu-
llriy regalcd with figures which gave no ind- |
|atiOn as to the condition of the concern, but |
lerved the purpose Of binding the eyes OF
Everybody. The actual loss which the share
folders will be called upon to make good Is |
reported at over 100000.
The chiefs Of the various bureaus at Wash |
ngtOn have prepared elaborate annual reports
o be submitted to the several heads Of de-
,artments prior to tho renssomblng OF Con-
yress in December. They contain large
amount Of statistical matter, accompanied by
'ariOus recommendations suggested by the
leeds OF the public service. Secretary Sher-
mans annual report will be commenced In O
ortnight. In addition to giving the details
the management Of the treasury, he will
company 1t with addenda setting forth the
lans OF the government with reference to the
of specie payments, which, he
avs, will assurcdly be brought about within
1e time prescribed by the resumption law.
The st. Louis journal of Commerce says:
The yellow fever scourge in the South has
riven' number Of the business men of
rincipal cities to st. Louis, where they have
'cated extensive agencies for the carrying
q of business which would otherwise have
cen done in the South These houses intend
remain here and hold their trades as long
; 1t Is locked out Of the Southern cities,
Though some of them have found this point
, advantageous that they have concluded to
'cate here permanently. Particularly has
lis been true in the cotton trade. Several ,
aiding factors and buyers from New Orleans
nd Memphis are here, and others are COM
g. There is good reason for expecting u
rye increase in the volume Of cotton bust {
esS done in st. Louis"
The singular fact is brought to light by .
lilway statistics, that the proportion OF
avelcrs killed in railway travelling is very b
UGH smaller than it used to be when the 3
age coach or diligence was in vogue. In
rance, in pre-raiway times, one traveller
as killed to every 1856, 900 carried, and Of T
cry 80, 900 one was wounded. Out Of the L. {
l. 403,G78 persons carried on the railways of 7
rance between 1885 and 1875. only one to !
cry 5,178,8 800 was killed, while the proper !.
IN of wounded was one to $780, 5O. The 1
orld has learned to travel in the last half i
injury, and the danger of travel has de- +
eased in proportion as tho amount has in .
eased. There are many timd souls to =
hom these facts will be q revelation. q
New England manufacturing I
ocks o correspondent Of an exchange, writ .
e from Boston, says: g
During the week the annual meeting of the $
nOskeag, Stark, Langdon and Manchester u
ills took place. The AmoSkeag showed q y
oft OF $500, 807, or 10 per cent on it's capital !,
Wo dividends Is per cent? have been paid, !,
Mounting to $240,00O. They have been max u u
q Einghams and dress goods The Stark &
Is made net profit of sos, G84 93 on sheet
gs, drillings, ducks and bags, principally in Il
Q last named. For the six months ending Il
ay dividend of 5 per cent was declared, 81
ID for the six months to end in November a o
tier showing is expected The Langdon ?
IS paid q dividend of 3 and another Of 2.
le Manchester mills have earned two divi- a
of 4 and another Of Sin cotton 6.
ods and worsteds. These meetings are i'm
rtant, as demonstrating the fact that q
oney has been made in manufacturing the u