The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-01-27
Commercial and Financial Matters.
The Jackson Railroad freight trains brought
tin yesterday 7see bales Of cotton.


tn yesterday 7see bales Of cotton.
The British steamer Orchis. for Liverpool,
carries away from here 2o51 bbls Of Flour.
A Boston boardinghouse keeper has failed.
Liabilities s25. 4s4; assets, ss45 in accounts.
N bill before the Legislature of Virginia pro-
yides for tax OF one cent each upon cigars.
Four vessels cleared hence yesterday for E,1-
ropenn ports with i1e,577 bushels OF Corn. in
bulk. .-
Atlanta Ga, has In circulation 5000 Mexican
dollars. and one-third OF them are thought to
be counterfeit.
Flight vessels cleared yesterday from this
port with cargoes amounting In the aggregate
10 II, s3B bales of Cotton.
The wine crop of France for the year 1877 Is
estimated at i24o,et7,e 1886 gallons, or 32o2s9.59o
gallons more than In 1876.
Eew York's death4roll for 1877 foots ND 2s.4a4
persons. Of these 1o.5a were Roman Catholics.
4 fact suggestive Of the very large membership
pf that church.
Minnesota, Wisconsin, Iowa. Illinois and Mis-
seouri, Lin 1877. produced 1oo.ou0ooo bushels OF
wheat for expectation. which. at so cents per
bushel would equal sso,ooo,ooo.
5-5
The Virginia Senate in its plenitude of Its
zeal for economy and retrenehment has passed
d bill reducing the pay Of members 33h per
cent and the House will probably do likewise
The Savannah Cotton Exchange has declared
against silver reconciliation. This recalls to
the Memphis Avalanche the action Of the nine
taiiors of Tooley street, London. who expressed
themselves as we, the people of England"
3
The City Controller Of Philadelphia. In his
annual report shows the debt OF that city to DO
31s o1b .abl The assets are $50 .32S 194 SO. An
couraging feature Of the report is the reduce
ton lii expenditures to the amount OF s1,oeo,ooo
during the past year.
The premium on Gold is gradually but GER
i tainly growing lower. Yesterday In New York
the auriferous metal commanded at the open
Il Inc Tx premium. and closed at 1s-the lowest
rate for at least fifteen years past. Here Gold is
quoted at 1915 to iola,
The wife of former commission merchant
OF New York and the wife Of q man who had
\ been ruined by the failure.of New York In
surance company were applicants for bread
tickets In Newark the other day. One Of these
women had been what is called q leader In
society,"
I'd meet the requirements OF shippers and
the market, the inspection committee of the st.
Louis Merchants Exchange has established the
grade of kifn-dried corn. and Nos. / and q
Southern oats. The kiln drying Of corn has
been oeeasioned by the soft damp weather,
which has prevented the weather drying of the
new crop. The grade kiln-dried will include
good sound corn OF any color.
Once, when Rowland Hill was preaching upon
public charity, note was hand to him in the
pulpit, inuuiring IL 1t would be right for a
bankrupt to contribute to the collection 7" He
referred TO the inquiry and answered II firmly
iii the negative. He then added: But, my
friends. + would advise you who stre not fnsst-
pseple will be sure to say, There goes the
bankrupt
The New York Star says: THE movement of
the Ninth National Bank to reduce its capital
Iii order to crafty the desire Of the sharehold-
ers for dividends. suggests the idea that II
banks generally occupied less ostentatious
quarters. got along with fewer high-prced off,
cials. we're satisfied with less sumptuously fur
nished apartments. and inaugurated more
frugal manangment throughout. there might be
no necessity for reducing capital
Philadelphia is determined to hold on to it's
Permanent Exhibition, albeit the liabilities Of
the concern exceed Its assets by s12s,ooo The
board Of directors are to raise $4,000 and can
col the debt due the Centennial board of finance
and stock and bonds to the amount Of $4,000
are 10 be issued to satisfy individual creditors.
When the accounts have been balanced in this
way. expenses are to be reduced to $4,000 q
month, and long lease of solvency will. it la
hoped. be secured.