davidaulloa/AmericanStories huggingface dataset:
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
OUR COM MERGE.
THE BUSINESS OF NEW ORLEANS FOR
FIFTEEN MONTHS.
The Movements I'm Finance, Cotton, Pro.
duce, Grain, Etc.-A COmprehen-
slve statement Of the
Trade Of the City.
GENERAL REMARKS.

This morning we present our annual resume
OF the commercial operations of this city dur
ing the past year, bringing the statement up
to date.
The first Of September, the usual commence
ment Of the commercial year, found this city
In tho midst Of n fearful epidemic Business
OF all descriptions was absolutely suspended.
and such OF our people as were not themselves
overwhelmed with sorrow, were devotlng
themselves day and night to the alienation
OF tho suffcrlngs OF others. In addition to
this, quarantine restrictions, amounting To
an absolute prohibition of all intercourse,
were established throughout tho whole coun-
try, rendering 1t impossible for our paper To
reach any but very small section OF the
country contiguous to this city.
Under these circumstances we determined
to postpone our Annual Statement until a
more proptlous time There seems to us to
be no occasion for longer delay, 30 we present
1t to-day.
AS yet, business has not revived to any ap-
preciable extent, yet the outlook Is very far
from being hopeless one, when we con-
slider the short time that has elapsed since
the subsidence of the epidemic. Apprehen-
sion among absentees and our customers In
the Interior is scarcely yet allayed, and they
are only now beginning to come into the city.
In the course OF a few weeks great change
will be noticeable In this respect. and with it
will come relative improvement In the re-
tail trade. which may be said to have scarce
ly begun to revive as yet.
Our statement OF transactions since Sep
tember dscloses some features which are
encouraging.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
COTTON,

Before proceeding to review the movements
In the cotton business OF the regular COM
mercial year Of 1877 8, it will be proper to be-
stow little time on what has been done in
that trade during the first quarter OF the cur
rent year (1878-9l
1t will be remembered that the crop ripened
and the picking season commenced while the
yellow fever epidemic was at its height That
circumstance has had large influence on
the movements, and led to large diversion
Of the shipments by overland routes TO the
East. Last year extraordinary and success-
full efforts were made to draw the supplies
from the Interior to this port The direct
overland movement was in that way mate
rally lessened, and the business correspond
ingy increased at this port compared with
Continued on tenth rage,
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
WASHINGTON.
The seward Case-ArrivaI Of Members of
COngress-A Dull Session Expected
The Vessel-Of-War TicOnderOga.

New YORK. Nov. 3O-A special from Wash
ington says: The committee in charge Of the
Seward Investigation. In the absence Of the re-
dured books and witnesses. to-day held q short
anecdOta1 session and adjourned till next
Thursday.
Members Of Congress are pouring In. each
with his panacea for the national troubles.
The Western and Southern mon are belligerant
on the money question. and there is great in
terest In the question as to who will be Secre-
tary Of the next Senate.
The town for the season Is very dull and It Is
thought the coming session will be dull also
unless passions are aroused on sectional or
financial disputes.
The Ticonderoga ran aground near Glou-
cester, Mass. on her way to Norfolk from Bos-
ton while In charge Of pilot, but 1t is thought
sustained no serious injury. She will go into
dock at Norfolk for final examination before
leaving for her cruise. Com. schufeldt thinks
she will go to sea about December 5. The re-
port OF the ships unseaworthiness Is said 10 be
unfOunded
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
A MURDEROUS ASSOCIATION.
Report Of the Chief or the German Police
Upon the society at Whose Hands Roy.
atty Has Been Doomed to Assasslna-

LONDON, Nov. 3o-It is known that the chief
of the German Police Service has some time
been engaged in preparing complete and e1;;
haustive report upon the extent. nature and
purpose of the secret revolutionary societies
that extend all over Europe. In this work he
has been assisted By the chiefs Of the detective
police Of London, Paris. Marseilles. Berne.
Geneva Naples. Florence, Rome, Vienna. pesth.
Warsaw Moscow and ST. Petersburg. and some
valuable Information is believed to have been
sent him from New York. Baltimore. Phila-
delphia and New Orleans. His report
was not intended for. publication. copy Of it
up to the present Is believed to have been sent
to Scotland Yard for the Information of the
police authorities there. and certain iEtima-
tions concerning its revelations have reached
here through other channels. According to
these accounts Of the report 1t would appear
that attempts upon the lives of the Emperor of
Germany, King Of Italy and King Of Spain. as
we'll as successful and unsuccessful! attempts at
the h p,;a assa ssination Of the police officials
81 Russia, are the work of an organiza-
ton which has its ramifcations extending
practically all over the world. Even
some political murders In South America are
said to have been traced to the same source.
The men employed to commit murders are not
at all aware that they the toolslof the power
full organization which employs them. but when,
as In Russia. women are made assasstns they
are entrusted with more accurate knowledge
The chief OF the German police is understood
to say In his report that his clues as to the con-
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
An Interesting TOpIc-Will the Coal Conn
bInatiOn he Renewed.

New YORK, Nov. 30.-On the twenty-frst OF
December next the combination formed be-
tween the various coal mining companies will
agitating coal circles Is. will there be a renewal
Of the compact The corporations at present
banded together are the Pennsylvania. Della
and Lehigh Valley. Coal Companies. It
Is asserted that all are willing to re-
new the compact for another year
this depends on the action of the President of
the Lehigh Valley Road. Judge Packer. Mana
gers Of the different companies. when ques-
toned to-day, were very retcent protesting
that they derived most Of their information
on the subject from the newspapers. Mr. sam
uel Sloan, OF the Delaware and Lackawanna
Road, said that negotiations Tor renewal OF the
combination were going on. but how far ad-
vanced or what the prospects for settlement
were. he was not informed
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
The Financial Review.

New YORK.. Nov. 3O.-Events OF the week in
financial circles here are rather important so
far as the Stock Exchange is concerned. The
money market was weak and the supply of capi
tai Offering on call was abundant at g per
cent. exceptional transactions having taken
place at higher and lower rates. Foreign ex-
changes we're a fraction lower on a very moder-
ate volume of business. Speculation In the
gold room was tame and sales throughout the
week were at 10o's and 1904. until just before
the close. when there was a sudden advance to
1OO1.
Government bonds exhibited remarkable
hrmness, but transactions we're on smaller
scale than last week. Railway and miscellane-
GUS speculation was strong for the Granger
shares. which advanced with occasional reac-
tions to per cent. Coal stocks were heavy
and declined ~ gGR per cent on fears that no
combination will be made for 1879. These stocks
recovered to per cent from the lowest point,
but in he final sales lost a portion of this i'm
provement, Western Union. Hannibal and St.
Joe. Wabash and Illinois Central declined 2h0
s per cent. but recovered about "a per cent at
the close. In the final sales Granger shares ex-
hibited some weakness and dropped about per
market declined in sympathy.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
What "Gentleman George" Has to Say
Of ResumptiOn-His Views Of the
Future Of silver.

w'YoRK. Nov. Ex-senator Reject George H.
Pendleton. Of Ohio. now in this city in an in
terview to-day on the general political situa-
tion. said he thought Congress ought to investi-
gate the many cases Of Federal Interference
sumption. he does not take a brilliant view of
the future. and believes the failure of many
banks. through the pressure Of resumption.
likely to occur. he silver agitation. he thinks,
will continue till silver Is fully remonetized
Banks in the West are more favorable to sill
YER than those in the East. He does not favor
the paying Of bonds In greenbacks. as stated In
some papers He Is Of the opinion that the
people would resent any attempt to nulify the
acts of Congress by the banks and does not be-
lieve there is a Western man who would vote
for repeal Of the resumption act. Mr.. Pendle-
ton will return home after completing his busi-
ness here, and does not intend to stay In Wash
ington this winter.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
Another AccOunt-The BODY said to Have
Been Recovered and Two of the
Thieves Under Arrest.

NEW YORK, Nov. 3O-The police force continue
to announce to the pubic that there is abso-
utely nothing new regarding the robbery of A.
L. Stewards grave. but persons who possess
private sources of information say that not
deposited in a place of safety but that two OF
the actual perpetrators of the robbery are
In custody and the remaining threeiare known.
Private detectives have, 1t is said discovered
who the man is that purchased the lantern and
shovel used in the robbery. That Mr.. Stewards
by the fact that Wednesday night Mrs. Stew
art was present during the performance of the
opera Of Lucia de Lammermoor," In the
Academy Of Music, and on Thanksgiving
evening attended a dinner party and reception.
given by Judge Hilton at his residen 20 in Fifth
Avenue. at which District Attorney Phelps. As
sistant District Attorney Russell and a number
of prominent citizens were present.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
Custom House Removals Death Of
Lyman TFemalnc.

New YORK. Nov. 3O.-Collector Merritt to- day
removed ten storekeepers, four clerks and ono
watchman. Tho Collector said these removals
were not made for any political reasons. but
only wi h q view of diminishing the expenses
OF the department.
Hon. Lyman Tremaine. whose death occurred
ut the Gilsey House early this morning. arrived
IN the city September from Narragansett Pier
He passed the summer at that place, and was
on his way home to Albany. but on arriving in
this city was taken dangerously i'll with iniam-
matory rheumatism and Bright's disease. and
Il was deemed best for him to stop here. He
suffered very greatly during his 81 ;kness. espe-
cially during the past week. His death. how
daughter were present. The body was taken
to Albany this afternoon. and the funeral will
be held In that city ThnrsdaY afternoOn.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
THREE UNFORTUNATES.
HAHN, SMITH AND WHARTON TO BE
REMOVED.
Philadelphia u succeed Hahn-Thc
other Lucky Ones Unknown
what sherman Wants.

Especial to tho Democrnt.l
WASHINGTON. Nov. 3o.-Mlchael Hahn will GER
tainly be removed from the superintendency OF
the mint. His sucdksor has been agreed upon
and his name will be sent Ia early next week.
II was first determined TO appoint n man from
New Orleans. and for that purpose Secretary
Sherman wrote to DIR. Bonzano for suggestions
az to changes to be made and advice as to
Hahn's successor. Subsequently DR.. Linder-
man suggested friend Of his from Philadel-
phla. and tho name of tho Phladephian will be
sent to the Senate.
It Is also certain that Collector Smith will be
decapitated. Sherman has declared within q
few days past that both Smith and Hahn should
90. Wharton is pretty certain to share the same
fate.
Sherman does not hesitate to say that he
wants better politicians than Smith Hahn and
Wharton. and is particularly severe on them
for their course In regard to the candidates In
the Third District of Louisiana. A.C.J.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
sCHURZ' ANSWER.
Further Demand for Specific PrOOf-A
Letter That should he Responded to.

WASHINGTON. Nov. 3O.-Secretary Schurz un-
der date of November 20. makes an elaborate
reply to the Endorsement of Generals Sherman
and Sheridan, on the former letter Of his lMr.
Schurzo In reference to the Wichita Indian
Agency. He denies In detail the assertions made
in the Endorsement, and quotes from the re-
that a removal and consolidation of agencies
was desirable and justiflable Gen. Sheridan
IN his indorsement asserts that the build
Ings at the KtOwa and Comanche Agencies are
as good as those at the Wichita Agency Schurz
says that the fact Is that the main buildings may
be expected to fall down at any moment. After
meeting all the assertions made In the military
1ndorsement. with the contrary statements fur
nished by the friends of the Indian Bureau
the Secretary concludes as follows:
While protesting against unjust aspersions,
desire to be distinctly understood that In the
conduct Of Indian affairs l don't repel but in
vits inspection and observation on the part Of
entered upon my present duties. 1t serves my
purpose by giving me information which
enables eli me TO improve the service, but want
calling on Gen. Sheridan for detailed speciflca-
o fIons to the sweeping charges made in his mi 2-
fa hat e e a ne In n9 MIL b
Red Cloud and Spotted Tail Sioux agencies. the
appropriations made by Congress for the sup
opinion were sufficient. had been during The
last year either not applied at all or partly d.
Syerted from their purpose. If Gen, Sheridan
has any such specific knowledge. 1t is very
much to be regretted that he didn't produce 1t
before. so the Information given could have
been acted upon. make this demand in good
faith and In the interest OF the service. In order
that the abuses which have not been corrected
may be corrected promptly. hope Gen. Sher-
idan will make his revelations without delay,
which he must be able to do for 1t should not
be assumed that he is under the necessity after
having pronounced verdict first, to look for
evidence afterwards.
tary Of War. and was received at the War De-
partment to-day.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01

-, New YonK. Nov. 3O.-The Tracy Titus Opera
Company. managed by Tracv Titus. late of tho
Cincinnati have met u decided success. artist
cally and financially. In New York. Originally
intending to play but one week. they have con-
tinued through three weeks Of excellent busi-
ness. The company goes to Boston from here
John Gilbert was given n dinner at tho Lotus
Club tonight. on tho occasion Of tho annlver
sary Of his lftieth yoar on the stage
EdMin Booths engagement Mt the Fifth Ave-
nue Theatre has besn very successful
now play by Bronson Howard called tho
Bankors Daughter, was produced ut the Union
square Theatre to. night. and was we'll received.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01

WASHINGTON. Nov. 3o.-The following is a
statement of the operations Of the National
Bank Redemption Agency for the month and
the five months ending tois day. as compared
with the same period of last year.
Notes fit for circulation. assorted and returned
to banks Of issue-for the month. So. .577 600; for
five months, $50 GIL 100 Notes unfit for crcula-
tion. assorted and delivered to comptroller of
currency for destruction and replacement with
new notes-for the month, 81 ,4Oi. 700: for five
months, sl652s,9oo. Notes Of failed. liduidatinR
and reducing banks deposited in the Treasury
for the month. 1927 900; for nvs months. So
077350. Total for 1s78-for the month, 50 2495 500;
for five months $76.272, $50 Total for 1S77-for
the month SIC 375,8 800; for five months $50 2s8 3O0
Decrease for the month. S7.l2630O: for five
months Sl3,015 $50.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
Probable Goal COmhInRt tIOns-The De-
tRultlOw AnEell-Mrs. IiitOn
ENcOnl llnnnlCMted.

New YoRK. Nov 30.-The Times says: A cor
respondent sends us from Pousvlle Penn
some of tho rumors current mt that point re-
ga, ding the possibility Of another combination
next year among tho great coal mining compa-
MES. Ii appears TINT Gowen, of tho Keading
Company. and Packer. OF the Tehigh caused
their tactics to be- considerably talked about.
The former allows II tp be- given out that he
wishes n free fight and can throw 3. 900 900 tons
on the market In 1879 Packer is also reported
as In spelling condition.
An agent Of tho Pullman Palace Car Company
will sail to-day to bring back the defaultng
agent or his money.
Plymouth Church Brooklyn last evening OK
communicated Mrs Tilton.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
BADGER SOLID.
No Prospect Of His Rejection by the
senate-The Democrats Indifferent.

Especial to the Dem ocrat.l
WASHINGTON. d. c.. Nov. 3O.-There appears to
be no adequate foundation for the reports re-
Gently teleRraphed from here Of the probable
rejection Of Badger by the Senate. So far rs /
can learn the Democrats will not take active
part for or against him. and Kellogg will cer-
tainly carry a majority of the Republicans for
his confirmation. BUELL..
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
POLITICAL.


New YORK, Nov. 30-Ex- United States Senator
Pomeroy. Of Kansas, In an interview to-day
said the whole West was for Grant He thought
Grant was the strongest man In the Republican
party to-day. and he will be- nominated If he
will assure his friends that he will accept II
A. does not then conkng Is the man. but
see. for Vice President is my ticket. He wanted
Southern man second on the ticket because
titled to 1t. He said the Western Democrats
fayored Handrioks
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
Total Loss Of Life on the Pomerania.

New YORK Nov. 3O.-The latest particulars
obtained regarding the steamer Pomerania
disaster shows a total loss of ffty-four lives Of
which twenty-one were cabin passengers SIX
teen steerage and seventeen of the crew. Among
the officers Of the vessel drowned were: Second
Offfeer Q. Fokkes, Third Officer W. Sarnow
Chief Engineer O'Helms and Physician J.
Scheduling.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
WEATHER PROBABILITIEs.

WASHINGTON. Nov. so-For the East Gulf
States. cloudy. rainy weather; warm southerly.
yeerlng to colder northwestern winds; falling
Gulf States. cloudy and rainy, followed by
clearing weather; winds shifting to colder
north hwesterly; higher press ure.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
STEWARDS BODY.
The Police without a Clue, and with No
Hope Of Discovering the Thieves.

NEW YORK. Nov 3O.-Stewart's grave robbery
is as much mystery as ever. and though the
police Is still on search Of the suspected parties
and follow up all clues. they have apparently
abandoned all hope OF recovering the body or
catching the body snatchers.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
NEW YORK NOTES.
A Fraudulent Appropriation OF $50, 900

New YORK, Nov. 3o.--A dispatch from Phila-
charges against Geo. w. Huntzinger late presi-
dent Of the Philadelphia Coal Company. OF
company's funds. Bail was fixed at $4,000. and a
detainer lodged at prison against Huntzinger.
who is already under 100000 bail In similar
suit against him in the Court Of Com mon Pleas
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
The Income Tax Suit-A Point AGAINST
Mr., T1hden

NEW YORK. Nov. 3O.-In the Tilden income
tax suit Judge Choate to-day rendered a de-
clsion, on motion OF the government counsel, to
have certain dispositions which have been
taken In the cause, opened and fled, the mo-
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01

LAHORE. Nov. 3O.-A signaling party under
Major Pearson was attacked by the Afreedes
yesterday on hill opposite tho Khyber Pass.
Two troopers we're killed and one wounded
Firing is still going on. The result is un-
known. Heavy firing was also heard near All
Musid.
The trouble with the Afreedes tribe Is not
sprioua
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
NEW ORLEANS SUNDAY, DECEMBER f. 1S7sQUADRUpLE SHEET

tion having been objected to by Tilden's coun-
sol. The decision is against Tilden and orders |
the depositions to be opened In open court In
the presence OF the parties making depositions. |
or their attorneys
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01

TAKE THE KENNEsAw ROUTE II you want to
enjoy speed. safety and comfort and through
ear TO Washington without change and arrive
In New York next morning at Gas o'clock,
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
DENMARK.
The Date Of Thyra's Marriage.

COPENHAGEN. Nov. 3o-The marriage Of the
Princess Thyra with the Duke of Cumberland
will be solemnzed on the twenty first or TWEEN
ty-second OF December.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
GREAT BRITAIN.
The Coming sessiOn-A General Election
To FOIIOw.

LONDON. Nov. 30.-The coming session OF Par
lament Is expected to be- brief. After the dis-
solution of Parliament general election will
be held
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-12-01
REVIEW OF THE MONEY MARKET

New Orleans during the year 1878 was SUBJ
Jected to the general embarrassments appa-
rent during the same period In all trade CEN
tres, but not to the same extent In the early
part OF the year the money market was rem
dered unusually stringent on account OF the
comparative failure OF the sugar crop. The
losses incurred thereby have been estimated
as high as S7,000,000 and never less than
S5,OOO,0O0 This was active commercial capi-
tal, ana Tor q few months seriously deranged
credit and produced stringency in the money
market, from which there was no recovery
until after the middle OF January when returns
began to be felt In the cotton movement
Business embarrassments, however, so ru-
inous m other parts Of the country through
out the year 1877, were infreauent here until
the spring Of 1873. The crops were then mar
keted, and factors and commission houses
were brought to the final summing up of bal
ance sheets. This ordeal was not a procras-
tlnated one, and that chapter closed with less
than twenty-five cases OF insolvency, with
liabilities amounting to S357O,OOO Thence on
and until the close of the year the financial
position steadily grew easier with money
abundant and commercial confidence strong.
This market Is not remarkable for great
speculative movements. The capital avail
able for commercial purposes is seldom taxed
with other than ordinary and legitimate en-
ployment In actual commercial transactions.
and to that fact we ascribe the ability of our
chartered institutions to afford facilities for
such enormous movements as always occur
when our great staple productions of cotton,
sugar and rice begin to come upon the market.
Upon such staples. on the basis OF actual
transactions, 1t has always proved safe to
work the capital of the city down to the last
dollar. Except for a brief period early in the
year, there were no considerable speculative
movements; indeed, none at any time except
sharp turn in State consols during the
months OF February, March and April, which
ended with the payment Of the July interest
on those bonds, and after which consols
steadily declined.
The great event of the year was the decline
In the premium on gold from 1041s to 1OO11c.
MIR. l. N. Maynard, superintendent of the
Clearing House. has oblaingly furnigned US
with the following report Of the average daily
condition. after the morning exchanges. Of the
Associated Banks for the week ending Friday
morning. November 20. 1873. after the ex-
changes: