The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-10


master, henoeforth will remit to the Gus
tom house the money collected. The new
rule will le convenient alike to regular I'm
portcrs and to private purchasers.
An agreement has Mt Inst boon made by She
coRl companies, with tho exception of the lie
high Valley and Pennsylvania Railroad
Companies, to limit the production. "A two
thirds vote of tho companies will be neoessary
to suspond mining, and u unanimous vote to
rnipo pricoa. The nnw compact has some gu
rioua features chief among thnm boing the
treasures by which M Individual company
may got rid cf It's surplus of coal. But II
seema by no means certain that tho two great
companies whose adhesion has yet TO be
secured will glvr 1t. and 1t may be that the
project will be added to tho already lnrEe
n,ilnhat Of unsuccessful attempts to form q
combination.
A PRECIOUS FNEluuT. The two crack
ships Of tile French limo now on tho way from
llavrs To New Yorh the Canada and Inbra-
dor contain 10000 900 Of francs IN new twen-
ty-frnne pieces or two millions Of tho CONS
called IN imperial timos Napolcons s9,N0.0o0.
SO. under speeio-naying conditions. we are
getting our gold back from France. The
large amount Of specie arriving ut New York
havo boon quickly absorbed III the stock spec
ulntlons. and. being converted Into currency,
have been largely shipped to tho interior to
move the crops. thus keeping tho New York
money market stringent. as general thing
and oall loans have been rs high IA y. per
cont commission. In addition to tho loyal rate
Of per cent per annum
1MroRTs or FOREIGN DHY Goops. The
Now York journal Of Commerce gives sum
| mary Of the mporta OF foreign dry goods ut
| New York. which fur tho month Of SapLembet
| have boon 49, 7Rl 7Sp. against SG,G47,7ID for tho
same month last year. $G. Gsp. 5p5 for the cor
responding month Of 1877. and ~, p9D for
the Same month II 1876. For the nine months
ending with September tho total importations
| Mt New York amount to $79. t46,732. showing
| nn incroasn W. $40 ZIG with laRt year, mn
| increase of $7,3nT. ~ us compared with 1877.
| ana sG Sna BOB increase WI tha same time In
i tYTf. Tho goods man kstrd In the same time
amount to $7l 81. GiG. against sci ,0l2,to for
tho same tin" Inst year The largo Increase
us compared with last year Ia not chargeabIe
~ tic importation III Increased Quantities
Ihlh ~ AIN Vt, VIZ IHpIhN'l atpat vi EMW lllhIa-
raIa and tho very much better quality Of
goods imported, wllcrana h year ago M Or
positn policy showed decreased importation
ia compared WITH Immediate preceding
YEARS. a.....5 ....@. z=
| INSURANCE. IN NEW YuRK.-A lcttor from
| New York saya hre Insurance lii that city IA
conducted NJ m almost universal loss ut tho
| lrtI
premiums. and cnptul II rapidly going out OF
| itinto other and moro profitable employment
| Doubtless the huEinras has been uyrrtlOnr and
further Withdrawals Of capital and u general
advance of ratoa will hc necessary boforo II
| can he regarded ~ prosperous. Jut tho pros
poet now Ia that thrso changes will ho rapid
| ~ completed In iiEn Insurance. tho situation
h worry dtIorent. Tho gront companies which
| ,lp almost I'LL of thi4 hlsirrss aro wholly Ill
| dependent Of current activity, and would be
perfectly solvent and successful iii tho ond
| II they never had another applicant for n
policy. All their obligations aro provided for
| Ivy their ptn.,'Nt resources, and thny incur NJ
| now outs until TINY have i'm baud tho means
tom"t them w appears that no very III
portant Improvement In their now business
Mas hitherto boon experienced. but this can
not long hn delayed. ~ tho principal facts of
| their prcaont situation will provo.
| CEnr REPORT For SEPTEMBER, We havo
received from Secretary linstnr u copy Of tho
| report Of the condition ~ tho cotton crop for
September, made up by tho committee Of In
formation and statistics Of tho National Cot
ton Exchange The following Is tho report:
Louisiana Wc have eighty seven replies
from thirt, five parishes. average date Sep
| tnnhr nv. Tho weather IL reported IN hay
| Ing been very stormyand unfavorable for the
4 iilst few days Of tho mouth. for the balance
of tho month very dry and favorable, causing
tho crop te mature and open rapidly. Pick
| Ing IL progressing finely throughout the
State. There is universal complaint of con
| stdcrab" damaKcfrom rust. rot ana shedding.
| Tho plant has trnited we'll, but not retaining
its squares and hollis 1hc complaint oi
damage to tho top crop Ia universal. Forty
per cont u the crop ~ reported picked. Tho
| estimate average yield in seed cotton is So
pounds per aero, which is slightly loss than
| last year.
l. irklnads We have forty-six replies from
tNonty-six counties; average date September
| 30. The weather IL reported as having been
favorable for gathering the crop. except dur
| Ing tho first few days Of the month. General
complaint IL made OF rust and rot Tho top
crop is reported as shedding badly. The
plant has truitod we'll, hut has not retained
lts DOLLS ana squares. One-thrd OF the crop
Ia reported as gathered. The average Yield
Is estimated at 500 pounds seed cotton per
acre. and compared with last year Is about
the same.
Mississippi report Is compiled from
~ replies from 30 countiea, average date Sep
tember 30. The weather during the month OF
September has been very favorable. except
the first few days (Which were stormy, caus-
ing the plant to open rapidly. The complaint
OF damage from rust. rot and storms is uni
versal, and In some sections the injury there
from has proved very serious. The plant has
truited well, but owing to shedding has not
| retained its squares and bolls. The top crop
is reported very poor. Picking ls progress
Ing fairly and about 40 per cent Of the crop
| has been gathered. The average yield will be
about 700 pounds seed cotton per acre, which
Is slightly better than last year.
VIM. A. Gwyn, chairman; w. III. Howcott,
W. A. Peale, Chs. Holland, A. Il. Browne, |
CommittdoDf Information and Statistics.
THE CROP IN PORTIONS OF mississippi