The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-06-19
THE NEW ORLEANS DRMooR Al, THURSDAY, JUNE 10 1879

that there sailed from Hamburg. Bremen,
stettin and Antwerp, during 1s7s-7s, M,217
German emigrants. From these points the |
number coming to the United States was
zo,315, the remainder going to Australia and |
Brazil In about equal numbers. It Is q curious
feature Of the German emigration, as COM
pared with that of other countries-and yet
readily understood when looked into care
fully that the percentage Of males FREEDOM
mates greatly. This Is owing to the infiu-
ence OF the military system Of the Fatherland,
those subject to Its provisions taking advan-
tage OF the opportunity to avoid it. During
the past eight years nearly $4,000 more men
than women have left Germany.
In February, 1875, q syndicate OF spec,1-
lators purchased the North Pennsylvania
Railroad stock belonging To the city Of Phila-
delphia, amounting to 3O,s70 shares Of o par
value Of 81 ,543,5oo, and agreed to pay for 1t in
four annual installments In city 6s. The rail-
road stock was then at par, and city IS were
worth 1903. In january, 1875 the committee
asked for an extension SO as to permit the bal
ance, 1874 shares, to be paid for III twenty
quarterly payments, the syndicate hypothe-
eating 1000 shares OF stock with the commits
stoners to secure payment. Since then the
syndicate have defaulted In their quarterly
payments OF $4,000 each four and half
times, nearly exhausting their security and
have not returned answer az yet to the nOtit-
cation made by the commissioners on the
ninth OF April last. The market price Of the
railroad stock having declined to a. and the
city bonds having gone up to 120, the loss to
the syndicate has been 100000.
The imports and exports Of this country
during the first tour months OF the present
year, as officially stated. indicate healthier
movement In trade. The proof OF this Is
that theimports have steadily increased from
s35, 900 lii January to $42,173,ooO in April,
and although the exports show decline from
the heavy demand during the same months OF
1878, 1t must be taken into consideration
/ that there were special causes operating
to bring into requisition to an unusual extent
our breadstuffs and provisions. The exports
were OF the value in January Of $4,000 600,
/ In February of $66, $685. 900, in March of $685.
$4,000, and In April they fell to $54, 1885, 900.
/ This Is considerably less than they were for
the same months last year, and for the rea-
son we have stated, but quite as
much in excess Of the exports for the
like period In 1877. During the
first four months Of 1873 the excess of goods
exports over imports was $24, $4,000. In an
article on this subject, the Baltimore Sun re-
CARDS the change as q good sign, as II shows
that d healthy reaction has set In, and that
the financial pressure is less generally and
severely felt among us than 1t has been dur
ing the past five years. The increase of i'm
ported goods at New York In May was ST.
i 100000 in excess Of the imports for the same
month last year, which goes to show that the
reaction is steadily progressing. But the ex-
ports continue to be 50 largely In excess Of
the imports that there Is no fear that we shall
4 become, for a long time at least, the debtor
nation.
i, The export trade of this country In leaf to-
y baceo last year assumed proportions worthy
OF special note. The business has not only
, expanded to an extent that gives hopeful indi-
cations of b further increase the ensuing year
but has also in q measure enabled shippers,
! iObbers and growers to partially retrieve the
j losses they have had to meet Tor number o.
previous years. The crop OF seed leaf wac
{ exceedingly fine, and as is usual when such
VI ID the case, brought prices leaving q good
margin Of profit to all concerned In tue move
ment. In regard TO Kentucky leaf, very much
the same account is given. albeit the croI
has been somewhat disappointing at times,
profits relatively Lighter To- he, experts SaaT
! 70. os6 cases. as against 1880 cases in 1877
cases n 1876 and % 9l5 cases ~ ls75
OF the exports last year 81 lle cases were 6
, mentioned the shipments were ct 9 CORE
spending ratio. OF leaf tobacco1n hogheads
(kentucky and Westerly the exports w ealg
i i15,473 hogsheads. as against %, 7s9 to 1877
100 6s5 lii 1876 81 831 In 1875 and "a o26 10 1874
The shipments have been largest to Great
Britain, and were 5000 hogsheads az
against II 1875 but the most cost p prom en-
: many and France, the former having taken
and and the Latter ~
IA Belgium the shipments were 934O hogs.
heads as against 1882 jn 1874 great dra "
back to the trade is still felt in the unsettled
tax questions, and until these are adjusted
), business Is likely to be held considerably u
check.
I EIN ANrTAI, AMI (0M M ERCTAII