The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-09

for Dunkirh with 64,3G3 bushels Of corn IN |
bulk |
The Norwegian bark vanades cleared yester
day for Queenstown with 1850 Bugs Of oil cake |
the largest cargo, we believe, ever recorded at |
this port,
Wanted To know why The winters Of 1873
1908. 1919, 1879, 1893, iets 1858. 1868 hnd 1873
should have been az they have ben unusually |
mild Planters and merchants particularly |
desire to see solution Of this matter.
The Erie Railroad Of New York and all its |
property and franchises will be sold at public |
auction for cash NJ rch 2b 1879, George Tick |
nor Curtis is the referee. The Chess penke and
Ohio Railroad will also be sold at public auc-
ton for cash, April Q, 1878
The stock Of sugar under tho sheds Ia 21ah
hhda against a1so hhds last year al the same
time Receipts TO date foot up 1882 hhds. |
against 1919 h77 hhds last year.
The receipts moasses, therefore, amount to
sei s1T bbla against 29i BIO bhs last year.
recent act Of the California LegisaurG,hav-
ing restricted the expenditures Of the city OF
San Francisco to one-welflh Of The annual rev.
enue per month. administrative affairs Vhaye
come to dead lock for want of funds. Special
Legislation for the relief ri The city is demanded.
sirable tract Of ground in that city. for which
the Industrial Exhibition Company teinca de-
funcl paid 81 100000 In 1871 aud for which
~. 800 900 was aftprward offered has been sold
recently under foreclosure of mortgage for
s4op,ooo
The United State House Comm tee on Coin
age. Weights and Measures have decided to
visit all the mnie IN the Union. They agree
that 1t would be Wise to revive the minis at
Charlotte. N. O.. and New Orleans. They expect
that this addition to the coinage will bring the
volume Of silver up to the full maximum Of The
law.
The failures In New York city during the
month of February were sixty seven In num-
her The total liabilities were s9.G5sb9s while
the assets we're s6e5 GAL showing that nearly
A. oDg 900 were Lost to the creditors of the broken
firms even on the at atement Of the firms them
selves How much Of these obligations in
the form Of mercantile PAPER is not known.
Our st, Louis friends seem IT, believe that the
Future City will prove to be a parmaneuny as
cotton market From Sep emher !, 1877, to
March g. 1918, the net receipts Of cotton have
been tss o21 bales. J lie crumh Of comfort which
appears to innae into the hearts Of our 81.
Louis friends an immense amount Of satsfao-
ton is that the Hbove amount Of cotton receipts
Ia "a ha es in excess of those Of the whole year
of 1s16-ff. Nney-f four bales of The tleefv
staple furnish good. strong and substantial
hook upon which our IT. Louis friends delight
to hang n hope OF future supremacy in the cot
ton business.
We regret to Observe that the glorous old
State of Virginia Ia in aad financial plight
According to the report Of the Auditor Of Pub
lie Accounts rendered to the General Assembly
nrII. ~ n L..
tually. If not really bankrupt, No money WIS
being received for taxes. all payments being
made In coupons with 3n,per cent discount.
The Auditor also states that there s but s1O9
In the treasury: that none could be borrowed
nor collected; that he can run The State govern
nent not an hour longer. and the asylums were
behind, even on the support account He had
no means of paving the Ter diem of members.
There was si7booo now duo to the banks. and
they refused further loans. He said dead
lock might be avoided If the General Assembly
would provide that tho license tax be paid In
money only. or one million, the balance Of the
taxes due for the last fiscal year, there was now
ready enough coupons to absorb it. and 0nohe
1st OF July 100000 more OF them would mature.
The committee on finance. in response to
this have adopted report recommending tho
General Assembly to pass law providing for
the collection Of license taxes in money. to the
exclusion of coupons.
We find in late number of the Chicago
Tribune the following table. showing the com
parative trade of the United States with G0at
Britain with the Central and South American
States for 1870:
Trade with Great Britain ....-....... shs. 600. 900
Trade with United States ,-......... h1.Ooo.0o0
ARGENTINE RErGpr1c.
Trade with Great Britain. ............. s16 900 900
TRADE with United States. .,.... ...,-ts 4.5oo,oW'
CENTRAL AMER1cS.
Trade with Great Brian.....s....... III 900, 900
Trade with United States 4.2l0,00o
UNITED srsrEs or COLOMBIA.
Trade with Great Britain. ..,-....-.-... 50 900
Trade with United States ............. e.boo,ooo
Trade with Great Britain ...... $27 roo 600
Trade with United States. ..,.......... 100000
PERU .
Trade with Great Britain ,,....,.... &a4 900 900
Trade with United States ............. 900
VENEZUELA.
Trade with Great Britain .............. 81 800. 900
Trade with United States, ..,.....-.e.. lo.boo.o 900
We are at the door of these countries yet
Great Britains sales to them exceed ours as
two to one. Cotton go' de-. wooden goods
furniture. machinery. hardware cutlery.
implements and other articles also manufac-
tured by the United States. make up the bulk OF
Great Britains sales. But owing to our high
protective tariff. the former country goes into
the Central and South American markets and
underbds us.
The expected inflow of bonds from foreign
holders is very slow in coming, and the impress
sion grows stronger every day that it will never
come at ALL The New York Financial Chroni-
Gle. of the second instant. contains the follow ing
significant extract from the circular of a Ger
man banking house to their correspondents in
Berlin show ng that there are very good rca-
sons for believing that foreign holders cannot
gain anything by selling cut:
We might not urge our friends to realize the
per centum bonds, | Q nrlse II must be remem-
hnrad that German finds uffnrdn., the same