The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-03-19

Commercial and Financial Matters.
The experts Of cheese from this country In |
1877 were 1o7,ss4Ooo pounds. and OF butter H. |
527, 900 pounds. 4-
There 10 a growing feeling among the trade |
That prices of provisions have seen their lowest
point for the present.
The general appearance of the wheat crop In |
both France and Germany was reported favor
able at latest mail advices.
This country last year imported from Inc
West Indies seoOoO.oOo worth OF goods against
which we exported less than s55. 900 worth.
The cheese product of the United States in
7s77 ia estimated nj $50 900 900. and of butter |
s175.ooo.ooo. Whole number OF COWS 100000.
Cattle are being purchased in Chicago to go
to the nastures OF Northern Germany They
will be shipped by steamer Schleswig from New
York. -
Ii IA claimed that leading counterfeiters re-
gard the new silver dollar an easy design 10
counterfeit, and propose to get in their work
early |
Trading in pork in Chicago during last week
ii reported to have been more than double the
amount Of stock there. and in lard five times
the stock. ~
IT is claimed by parties in Georgia that tea
can be raised proftably in that climate, and that
the tea that has been raised there and carefully
prepared is superior to any imported.
X rrrron.1ond oft In Ranuae Gitv prfca Chr
rent furnishes estimates of the different herds
OF cattle which will constitute the Texas cattle
drive OF 1878. the aggregate being 222,2oo.
II Russia is drawn into an English war the
enterprising New Workers who have mon
opoly OF the right to erect grain elevators In
the Russian empire will very likely find that
they have got an elephant on their hands.
Never in the whole history of the State of
Kansas, says the Peabody Gazette have crops
looked as fine as at present Large quantities
of Odessa wheat are being sown by the farmers
this spring. It seems to be the wheat for Kan
sas. -
One hundred and nine insurance companies
OF other States" tried their fortunes in Rhode
Island Id 1s77, and Of this number thirty eight
paid out more for losses than they received for
twenty-one others that when they added ex-
penses to losses the sum was in excess OF pre-
MUM receipts. Fifty nine of the one hundred
and nine would have been better off 1t they had
kept away from Little Rhoda.
The bill introduced in the House by the Com
mtttee on Public Lands, to forfeit the lands
granted to States and railroads on conditions
which have not been complied with, causes
some excitement among the railroad compa-
mics concerned The total amount of lands
proposed to be forfeited is 125. 900, 900 acres In
many cases the lands are of little or no value.
and their forfeiture will not be seriously resist
cd. bt1tin others they are good lands. We have
already given the names OF the companies
affected by this measure
The Cincinnati Commercial of the fifteenth
instant devotes q large space to reports from
special correspondents concerning the growing
crops. From these we learn that farmers in the
West are generally jubilant, and report the
prospects as most encouraging, especially fol
wheat, of which a larger acreage is under cul-
tivation than for many years. With favorable
weather the chances for an abundant harvest
I are considered excellent Apples, peaches
cherries. etc. promise well but the early spring
has started the buds to such an extent that late
3rosts are feared.
A recent investigation Of the records of the
Internal Revenue office with reference to the
condition of the stocks of whisky in the United
States, shows that on the first OF January last
the amount OF tax paid spirits In the hands Of
wholesale dealers and rectifers was 17,14527s
gallons but there we're several districts through.
out the country from which reports were needed
to give the exact amount. These districts are
the following: Fourth. California. Dakota; third
Georgia: second, Missouri; fifth and sixth
North Carolina: fifteenth. Ohio; ninth. Penn.
sylvania; third Texas Washington Territory
and Wyoming. It will be within bounds to say
that the quantities returned from these districts
will not augment the number of gallons in the
hands OF wholesale dealers and rectifers beyond
l8.oo0.o00 The department is as yet unable tt
approximate in satisfactory manner the stock
In the hands Of the $4,000 retail liquor deal
ers throughout the country. though it is prob
able that there are about 10 100000 gallons thus
distributed. The entire stock in the country
exclusive Of that in bond will scarcely exceed
28.000.O00. Though this cannot be regarded az
altogether an official statement it is, neverthe
less. a fair deduction from the records as shown
In the Internal Revenue Department on the
first of the present year. The quantity in bono
Is about 1900 900 gallons, which would bring
the stock in the country to about 45.oo 900 gal
Ions. This is very low as compared with the
amount ascertained to be held in previous
years. The report of Commissioner J. W
Douglass. for 1871 showed the quantity o.
spirits in the United States not in interna
revenue warehouses on the fifteenth Of Novem.
Der. 1870 at 45. e3s. 1913 gallons, while on May 1
1871. the quantity was Al 1876 715 gallons. The
quantity In warehouses June 80. 1871. was
is now being carried much larger stock or
hand.
III low rates will bring the grain to this market
st. Louis means to have it all. The barge com
paneS are now carrying grain for GEMS
bushel. which Is Just about one third Chicago