The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-06-25


been sold far below their value, $4,000, be
cause the owners have become dissatisfied
with the government system Of immigration
which the planters rely upon for taking OF
their crops.
The unsettled condition Of the grain markets
has catsed falling off In the shipments from
our principal ports to Europe, and the export
movement is not up to the usual average
The failing Off liz, however, likely to be only
temporary and already large contracts have
been made for shipping the new wheat about
to come forward.
The total cost of the Canadian Pacific rail
way is estimated at $1O0,O0O,000. The vast
sum OF S15, 900 has already been expended
ia surveys and contracts, and all that Is now
to show for it, says the Railway Age is some
seventy miles of track from Thunder Bay, on
Lake Superior, westward into the wilderness,
and o few miles Of track from Winnipeg, in
Manitoba, eastward.
State Consols yesterday opened at 8924, adj
yanoed to 81, at which figure $l15,000 were
sold, and closed easy at s25SaS3%, against
82S4C1S3 on Saturday. The sales footed up
$152,bOO at the Exchange, and $435, 900 outside
making total Of 1851, 800. Premium Bonds
opened at 331s, went up to 3414, (buyer 1879,
and closed firm at 389 D34, against 3s1S@33H
on Saturday. Sales to-day amounted to $45,-
600 In the Exchange, and $4,000 outside.
Aparty of five Englishmen arrived at New
York Wednesday last from Liverpool, with
the intention of buying cattle and shipping
them to English markets, as beef can be pur-
chased In the United States and sent to Europe
cheaper than 1t can be produced there. They
will look about New York for few days, but
will eventually go West to make their large
purchases. They are well provided with
money, and anticipate making great sue
cess OF the enterprise.
The Wilmington (Del) Every Evening says
at least $50 car loads of Strawberries have
been shipped over the Delaware Railroad this
season. This would amount to about 5, O4O, 600
quarts or 1880 bushels. The returns clear
of freight and commissions, have averaged
about seven cents per quart, which would
show the clever sum returned to the Peninsur
To- of $3.50, 300. At two cents per quart, the
price Of picking, 1t would show that $11O,s00
has gone into thehands Of the pickers, leaving
profit. clear Of all expenses, to the grower
Of $4,000.
vessel recently arrived at Liverpool with
the extraordinary freight of three living
whales, brought from the coast Of Labrador
and intended for public aquariunns. They
were each about fourteen feet long, eight feet
girth and weighing half ton. On the voy-
age they were placed in long wooden boxes,
reposing upon bed of sea- weed. and being
flushed with water from bucket every few
minutes. The flushing had the curious effect
of peeling off strips Of their skin, so that the
coat will be entirely shed by the time they
get into their permanent tanks. No food was
given them on the voyage. When they were
being moved ashore two of them, 1t is said,
emitted very peculiar kind of scream.
The Bank Of Nevada holds the largest
stock in San Francisco of the trade dollars,
and refuses to violate the rules of the Treasu-
ny Department against selling them for do
nestle circulation. Bids are constantly re-
ceived from Eastern parties, who wish to buy
the coins at a discount to put them in clrcula-
tion In the Atlantic States at par, but all such
offers are refused. The supply on hand in
San Francisco, most of it held by the Bank of
Nevada, Is estimated by the San Francisco
Bulletin at about $1,5O00O0. Only $4,000
have been coined at San Francisco since April
l. but in the three preceding months the San
Francisco mint turned out $4,12T,000. The
export demand since January / has been
light, amounting to only 700. 1t Is prob
able that no more will be coined except on
export orders, and the mint authorities will
insist upon delivering these on shipboard,
boxed and sealed for export
It is stated by the Chicago Tribune that
some OF the more prominent life insurance
companies are notify ing those of their policy
holders who take nip occasionally" that
their policies are thereby rendered void, and
that In event of their death the policies on
their lives will not be paid. The officers of
these companies are no doubt repentant sin
ners, who In early youth and manhood par
took too freely Of the flowing bowl, had their
digestive apparatus worn out thereby, and in
their present state of senile decrepitude have
that aversion to whisky which mad dog has
60 water. There are very few men in this
country who do not take nip" occasionally
some, as Timothy took wine, for the stom-
ach's sake; and there are still fewer men who
viii take out policies in insurance companies
which deny to them the right and privilege of
taking a glass Of good old rye when they
need 1t.
There are some old business houses in Lon
don which are quite in contrast with the
short-lived houses of comparatively new
and fast country like our own. There are
some banking and business houses OF very
respectable age here, however. Among tue
very old ones in Londonis the firm of Morton
& Co, which was established in 1856, and was
contemporary with Shakespeare and Bacon,
The firms of Messrs. Child q Co. and Cos
Iings Il Sharp were established before 1850.
Oliver Cromwell kept his banking account
with Child Il Go. The Bank of England be-
gan business In 1894, and was preceded some
years by Messis. Hoares, Thompson, Hankey