The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-05-18

hay. -
The export trade of France for the past
year showed define of $32,00o,o0o from the
previous year. The decrease of imports
amounted to SAL, 100000
The Geological Society of Philadelphia has
over 1000 specimens, valued at S57,G23, but Its
receipts last year dwindled down to $685.
from $151 900 the year before
France proposes spending Sf50,0O0.0OO on
her army, and S45,O00,O00 on her navy In 1879.
The low nav of French soldiers is partly com
pensated by the fact that they can buy their
tobacco from the government on very low
terms. and travel everywhere through the
country at half price.
Tn the Eastern cities trade Is shrinking to
summer dimensions. The merchandise mar
kets OF Philadelphia are described as very
quiet by the Philadelphia Ledger and the
same state of affairs prevails in New York,
Boston, Montreal, Baltimore and other
points. -
Rust In the wheat continues to be q subject
OF serious complaint in Missouri, Kansas,
Southern Illinois and Indiana, Tennessee,
North Georgia, North Carolina and Virginia
The Northwestern States were doing well in
all respects at last accounts. Protracted
rains, however, are reported from nearly all
quarters.
The Stock Exchange reports sales yester-
day of $685. 900 of State consols and $31, 900 of
premium bends. Consols experienced another
slight tumble and closed weak at 763s0p765s,
against 77@T75s on Thursday, 77A@77lla on
Wednesday sand x7}s01775s on Friday of last
week. There were sales of only twenty shares
of stock reported Yesterday.
The:next nj. VT. feet will have barge No. 81
loaded with 20, $50 bushels bulk rye, all the
way frbh PERU, On the Illinois river, destined
to Europe. direct by way of New Orleans. The
only transfer will be at the latter point, from
the barge to an iron steamship. barge
with 10000 bushels bulk wheat from the up
per Mississippi arrived at st. Louis on Mon
day.
The Ohio Legislature has enacted law re-
curing the Superintendent of Insurance to
examine annually every regular Ohio life
company and determine as to the correct
ness of their last annual statements. He is
also to ascertain that their investments are
made according to law, which permits in
vestments only in government bonds, first
mortgages upon real estate worth double the
amount loaned thereon, exclusive of build
ings and loans upon their own policies not
exceeding the reserve value thereof. This is
stringent law for the protection of policy
holders.
The departures of coal from Louisville
South on the present water numbered ten
towboats, with 1853 boats of coal and eighty
six barges do. also forty-one barges nut coal
and thirteen coke, the latter going to Cairo
and St. Louis, with other Pittsburg coal not
Included In the above all of which is for
points on the lower Mississippi from here
South. Summed up, according to the Mem
phis Avalanche, the coal arrived and to pass
that point is about 3,45o,OO0 bushels. There
is now remaining in first hands at Louisville
eleven boats and 1O2 barges; also twenty
three barges nut coal and one of coke, in all
$4,000 bushels.
fashionable mlliner has been an object of
suspicion to the Boston customs officers for
some time. She occasionally made trip to
Paris, always by New York lines of steamers,
and whenever she returned special bargains
I'm loves of bonnets, hats, trimmings, ETC.,
were sure to be offered. Her baggage always
passed safely the scrutiny of New York Off
GERS, but Capt Snow, of the Boston Custom
house. concluded to do little searching him
self when she returned from Paris few days
ago. AS result he has made $4,000 haul
of struggled millinery. The woman is liable
to term of Imprisonment, fine of treble
the value Of the goods and their forfeiture be-
sides, and as she is believed to be an old often
der, little mercy will probably be shown.
The New York Herald publishes a docu-
ment containing the terms of the concession |
granted by the United States of Colombia to |
The Interoceanic Canal Company for the con-
struction OF ship canal across the Isthmus |
of Darien. This concession requires the COM
pany to determine upon plan for the canal
by the year 1881. When plan shall have
been fixed upon, two years are given in which |
to form company, and that done. the canal
must be finished in eighteen years or the con-
cession becomes void. The concession is for
ninety-nine years, and at the end of that time |
the canal and all it's lands become the prop
erty of the Colombian government.
There are apprehensons that troubles like !
those now embarrassing the cotton trade are
In store for other staple British Industries.
The coal and iron trades are at a standstilI |
Coal pits are being shut up, the iron trade is |
much depressed, and with these two leading
trades suffer all the dependent industries.
Sheffield has been disappointed in the small |
ness Of the orders it has received from the
government. All the war talk has produced
no increase of activity in the armor-plate de-
partment, and the machinery for boring rifle
barrels remains idle The rail business is
likewise suffering, as appears from the sus-
nensinn of mainritv of the rail-mills till |