The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-04-22


hatcher Sugar Refining Company.
rhee was fall yesterday In State Consols.
r.oy onened at 5o1t 085o94, and closed easy OF
Io,xa4as4. against 5lM512s on Saturday. Pre-
.,,un Bonds closed strong at 264126ass,
.roinst 25s.1 261S On Saturday. The sales at
| M Exchange footed up $4,000 OF States and
sea ono of Premiums.
Tho Boston journal of Commerce speaks
" farms Of positive enthusiasm Of the growth
~ The shipping business at that port. Never
n the history Of the city," 1t says, was
there such a rapid development of business
N that way. Our steamship lines are multi
nlying In number and frequency Of sailings.
while but comparatively few months ago
Il was thought existing terminal facilities
would suffice, 1t is now evident they must be
arely supplemented"
The Great Estern Ii the largest steamship
In the world, having q capacity Of $4,000 tons
The next largest ship Is the Arizona, which
was launched at Glasgow, March 10, and Is
the second largest merchant vessel In the
world. The steamship City Of Berlin, Of the
IInman Line, has greater length, but her
carrying capacity Is not 80 great. The Arr
IONA carries four masts, similar In rigging
Ito the Germanic and Britannia. OF the Whlte
Star Line. and two smoke tunnels. she mas
first and second cabins, each capable of &C
comm odating 1926 passengers, ana registers
between 5000 and COCO tons.
4 Controller Kelly. OF New York, In COM
nliance with resolution OF the New York
Assembly, has transmitted to that body
complete statement of the judgments paid
by the city from January 1, 1872, to March l,
1879 The aggregate of these Judgments Is
S5,s72, AL, Of which enormous sum S675,005 is
for interest and I93, 7e4 for costs. II per cent
N all of the original bills. which could have
been saved by prompt and equitable settle
ment. Besides, 1t is fair to presume that
when persons know that they must incur
The losses and delays Of cult in order to re-
cover the money due them, they will be
tempted to put as much as they safely can of
the additional expenses of such proceedings In
III the bills themselves.
Pail Mall Gazette: An interesting table has
been drawn up to show the fluctuations in the
production of iron throughout the world
during twenty-seven years. Since 1850, 1t
appears from the figures read at o meeting Of
one of the societies Interested III metallurgy,
there has been a very large increase in pro-
duction of pig iron, in response to a demand
produced by the growing uses of the metal
and by the formation Of vast constructive
works III every quarter Of the globe. LII 1860,
the production of pig iron In the world was
believed to be about 100000 tons: in 1877 it
had risen to 100000 tons. 1t is interesting
10 notice that Of the iron producing countries
Great Britain has Id the twenty seven years
trebled Its production. but In that period the
output of the United States has been quad
ruled, and that of Germany has progressed
In nearly as rapid a ratio. The make OF
France and Belgium has varied greatly, but
In both countries 1t is now three-fold what 1t
was In 1850. In Russia. Sweden and Austro-
Hungary, there is now double production;
the output of Spain has increased so per cent:
that OF Italy ID stationary and that OF Nor
way shows considerable falling off.
According to the annual report OF the Bank
Department, the amount due to the depositors
aoi the twenty -nine savings bank In New York
State that have failed In eight years was $14,-
l0lo,107 of which they have received $s,137,-
sol, leaving Sc, 772, BIG yet due, of which they
stand a chance Of getting $1,436,421. There
will, therefore, be divided among the deposit
tors clear loss Of more than S5,a00,0o0. An
attempt is made to Offset this by showing
that the deposits in the solvent savings banks
have appreciated in four years, In gold value,
$4O, 900, 900; but that is poor consolation for
Aha hoy aba al af
their money. or the twenty-five banks that
Jailed In New York city and Brooklyn, the
Guardian has paid the largest percentage OF
dividends to depositors, being 80 per cent 1t
q estimated that it can pay per cent more.
The Long Island can probably pay In full.
The Bond Street has paid 70 cents, and 1t can
pay 10 cents more. The Third Avenue has
paid only Is cents, and 1t can pay only 10
cents more. The Sixpenny has paid So cents,
and 1t can pay from Is to 20 cents more.
Figures are generally embarrassing, but in
these cases they furnish food for meditation,
and there is no wonder that not one new saw
ing bank was organized in New York last
year.
!. Messrs. w. j. Wilcox u Co. Of New York,
have issued their annual circular, giving
leading items in regard to the manufacture,
shipment and stocks of lard on hand,
rom which. the following, Is EXTRACTED.
Total manufacture in the East and West,
rom March l, 1878, to March l. 1872
were 1,447,loO tierces, against 1855, 100
terces during the previous twelve months
showing an increase of $4,000 terces. The
exports during the year ending March /, 1879,
were 996132 tlerces, against 9o3, 103 terces
during the previous twelve months, an in
crease OF 93,029 tierces. The stocks OF lard on
hand In the principal markets of the world on
April /, were as follows:
Tierces.
In the United States West ........,2 S6 Q0o
In the United States East and en- route 152ooo
In Great Britain MISUNDERSTANDING $4,000
In France and Italy, Observation-Disclosures. 10000
I'm Germany, Holland and Belgium -. 6l,Ooo
ARoaG. $500. ...-.-.........-. .-...... 45,ooe
Total 1000
On hand May |, 1873 ......... $4,000
This especial product will have control
ling influence on the hog market, and the
outlook is not very natrering for much, If
hny, advance In prices for some time to come.
FOREIGN PosTAGE-NEw RATES. By the
4 Universal Postal Convention concluded at