The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1878-02-19
Commercial and Financial Matters.

Advices from Havana up to February state
that the sugar crop will fall short one-third of
what was expected. The tobacco crop which is
Of very good quality, has been housed to the ex-
tent OF two-thirds. Commercial failures are
frequent and there Is pancky feeling among
business men. +. Mesre has failed With very
heavy liabilities and the house Of Froncoso Y
Co. has gone down owing 81 100000.
The New York returns Of the imports aud ex-
ports for January have lust appeared. anu the
Journal Of Commerce Of that city remarks that
as New York imports about two-thirds et all the
goods landed In the United States. and exports
less than half the total Of all tho outward ship
ments the foreign commerce Of the United
States for January Is likely to exhibit afoexport
Of over sixty millions, against an import OF con-
siderably less than forty millions, 9 balance OF
twenty five millions in our favor In n single
month. --e
Bya Washington telegram to the Western pa
. pers we learn that in order thab the proper
facilities may be given merchants, masters of
vessels and others In the transaction OF Gus
toms business, aud TO prevent certain practices
alike Injurious to the interests ct importers and
O the government. the Secretary Of the Treasury
has issued some new regulations one Of which
is that weighers. gaugers and all other officers
and employesa the customs service are for
hidden to receive from any Importer, shipper.
master owner. or consgnor of ara vessel, GUS
tom house broker or Sther person Interested in
the importations OF merchandise any fee, COM
pensaton gratuity, award or perauiste what
ever. directly or indirectly. on sccount Of any
service rendered or to be rendered In eonnec-
ton with his office or employment.
According to the statement In that most relia-
BILE journal. the Cincinnati Price Current, OF
the 1Ah the total number Of hogs packed ct the
a six large cities of the West to that date was
os5 900, or aa5. 1000 more than at the same date
last year. The PriY Current states that an
increase of fully 11o0ooo at the six cities Is indi
Gated. while interior points will not fall much.
If any short of last winter; so that the total at
all points Is not unlikely to reach 100000 head.
or over 600 900 more than the largest number in
any previous winter. The largest number
heretofore reached was in the winter of 1s74-5
when the total was 5,566226 but the largest
number of pounds was In 1923. when the
aggregate net weight Of hogs was about eo.oDo,-
600 pounds more than In 1s74-5: this winter will
k se9t s2 by about d'aS pon nne
900 pounds Of meats, and probably 15.ooO.ooo
pounds of lard"
The Memphis Avalanche Of Sunday last con-
tains tabular statement u the trade Of that
city for the year 1877, from which we gather
few interesting items Including the staple Of
trade, cotton which was worth In the aggre-
gate $50 7b5 33G the total value Of last years bust
ness in Memphis was. In round numbers. s62,-
s26 $50, while home manufactured articles are
estimated at So, 40 500 A good showing for the
present as compared with former years Is In
dJcated. o
From the statistics Of imports and exports Of
the mercantile trade Of Memphis during the
past year. as complied frSm the Chamber of
Commerce records. we find the value Of i'm
portations at that city and comparative state
ment for three years to be as follows:
1877. 1876. 1876
Cotton. $40 1856 $3.50 s27. 22b 900 s25 AT 1876
Merchandise. 42.O70,92G 4272t 1874 44.254.lp4
Total ..... 500 .s26, 25o 500, 6o7124 sg.7o3. o9
Including all articles. the trade of Memphis
summed up SOB 2es 100 In 1871 against s74 pe7 g7s
In 1876