The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-02-08

Commercial and Financial Matters.
The schooner Sullivan Sawin cleared yes
terday for New York with "a hogsheads Of
sugar and $500 barrels Of molasses.
The total OF Galveston property has depre-
ciatsd at the rate of s4,00o,oOO per annum for
the last three years.
Japan ID now manufacturing boots for sale
In the United States from leather brought
from American ports.
The London Economtst of January IL finds
the-amount OF gold In circulation In France
60 be about 81 600 100000. or SGT 371s for every
man, woman and child Of the French people
The steamer John w. Garrett, with barges,
from Evansville, arrived here yesterday with
q cargo consisting of 75.40O bushels Of bulk
corn. o5 tons OF bulk meat consigned to
Messrs. Joseph West 4 co.
Commissioners LIE Due has written lengthy
letters 10 good many Congressman. inform
ing them that the Agricultural Department
will give no more seeds to any but "agricul-
furlsts," and no Congressman need apply
without overwhelming evidence that the seed
will go directly to the SONS Of toll.
The debt OF North Carolina, says the Will
mington sun--some s27 00,000--can be paid
only by liberal concessions made by the bond
holders Several years ago proposition to
nay on the basis OF $600O0Oo or $6, 800, 900
ought to have been met In a friendly spirit by
the creditors The State is desperately poor,
and no compromise at all exacting can be en-
tertained for moment.
From tho report of the Superintendent Of
Public instruction 1t appears that there are
now In the public free schools OF Illinois
1,032. 052 children, under the care Of 3O,b66
steachers-TD78 men and 22,589 women. The
average annual salary Of these teachers 10
1888 75 or $40 SO O week. The average daily
attendance of children was greater by 1900
last ear than In 1877.
State Consols closed steady at 59ss0159Js.
against bS1905S4 ON Thursday. Premium
Bonds closed weak at 259a6l255s, against 24Js
FD25k on the previous day showing improve
rneht la both classes of securities The sales
at the Stock Exchange footed up st37,0OO of
State Consuls, and $4,000 Of Premium Bonds.
The sales outside amounted to $1s6,OO0 Of
State Consols at from $4,000; and $4,000
of Premium Bonds at 24Ts6o25L.
Yesterday $4,000 bo1ss OF raisins were
shipped hence by the Chicago, st. Louis and
New Orleans Railroad TO Messrs. Doane q
Co, Chicago. These raisins were recently
received by ship direct from the Medter-
ranean. This is the first shipment OF the
kind and of this magnitude that we have had
to record since the war, and we hail 1t as o
good sign Of better time, In the near future,
Ia our import trade.
The golden era In California began In 1849
when the yield was $23,OOO,0OO. 1t reached It's
highest point in 1864. when the annual gold
yield was $64 OO0. 900. Thence 1t steadily de-
elm ed until II sank to S1s,O00,00O. at which
point 1t remained In 1877. But, meantime. the
silver yield of Nevada grew from 81 900 900 in
1860 to $52,O00,0o In 1877, exceeding the gold
product Of California in 1871 for the first
time, when Nevada gave out $23,OO0,OOO Of
silver. against California's S20000,000 OF gold.
Importatlons into this country are still quite
moderate, and New York's imports of dry
goods for January were much smaller than
for the same month last year. The decline In
appropriations has been greatest In wooden and
worsted fabrics. Manufactures of silk, taken
together, held their own, and In piece silks a |
large increase has taken place. Under articles |
classed as miscellaneous there has been no |
Important change, while linen fabrics show |
considerable retrograde movement During
last week the imports at New York were |
$6,473, 400, OF which S4,6S5,219 were general |
merchandise and the remainder dry goods |
The exports Of domestic products from that
port for the week amounted to ST., ass, 768
The New York Public says of the pensions
arrearages bill, that there is reason to fear the
financial position of the government may be
AFFECTED" by it, and thus states the point Of
the bill
This bill, In brief, provides that pensions
shall be paid from the close OF the war to
those who have become disabled since the |
war by diseases oecasioned by their service. |
kt Ia easy to see that a very large door for |
fraud Is opened wide by such an act Any
one who plea5es to swear that the seeds OF
utSabilng disease were planted In DIS system
during his term of service can make a primd
fdcie claim, which it will be very difficult TO
scrutinize In most cases, and through this |
hole may go hundreds of millions of taxes
ground out Of the people.
Austria and Germany have already prohib |
tied tho importation from Russia of articles
likely to convey the plague, established rigid
quarantine and ordered the disinfection of
persons arriving from Russian ports. Italy
has convoked q sanitary council to devise pre-
cautionary measures. The authorities Of
Austrian Poland ask the establishment of a
military Gordon on the frontier, and all the
countries Of Europe seem to be aroused to
the necessity Of defending themselves against
tho Terrible nastilencn Ii may become nee |