The Emporia news. [volume] (Emporia, Kan.) 1859-1881, 1879-12-19
BUSINESS ITEMS.

Postal cards, now almost universal,
started i'll Austria IN 1865.
Rice is cheaper than wheat in Eng
land, and is said to be quite as extensive
ly used as an adulterant, if so nutritious
an article can be called by such name.
The largest crop of peaches on the
eastern shore of Maryland was raised on
the york farm" this year, amounting to
10000 baskels, which at an average price
of sixty cents a basket would realize
$4,000, about the sum the crop sold for.
Thirty-twO failures were reported in
New York during the month of Novem-
Der, in which the total liabilities amount
ed to $685., 624 and assets $290,921. This
is decrease of ten in number, and $1S3,-
135 in Liabilities, as compared with the
preceding month.
National debts were oflittle importance
until the French revolution; they now
amount to about $28, 900, 100000 most
ly owed by European States for wars in
occurred by dynastIcs and in which COM
mon people had no voice. These debts
and standing armies are now the cause
of poverty.
The Atlantic and Great Western rail
way will be sold in Akron on the 9th of
January under foreclosure proceedings
The date was fixed in pursuance of pri-
waite kilograms announcing the compile
ton of the reorganization syndicate in
London. The liabilities of the road are
about $10,000,000. 1t is expected that it
will sell for about $10,0O0,OO0.
The annual report of the commission
ers of the District of Columbia shows
that the total receipts during the year
ending June 30 last were So, 467 ,665, of
which amount about one-half was sup
piled by congressional appropriations.
A balance of $257,61S remained unex-
pended at the close of the fiscal year.
The improvement of the streets and the
reclamation of the Potomac marshes are
recommended.
The following have been given as the
approximate values of our leading agri-
cultural products for the current year:
Butter. $ l1OOOOOOO
Cheese and Milk. ... 10000, 600
Pork and products. 1900. 100000, 600
Beef and products. $500. 270,OO0,0OO
COrn- 4lU,UOO,UOO
Wneat. 4OOOOO,OOO
Sotton. .........---...-. 2IO,OOO,OOO
nay. --...-.-. 0UU,OUO,OOO
The statement of the business of all
the lines of the Pennsylvania railroad
company east of Pittsburg and Erie for
October, 1879, as compared with the
same period in 1878, shows an increase
in gross earnings of $500, 725, an increase
in expenses of $176,343, an increase in
net earnings of $126,3S2 The ten
months of 1879, as compared with the
same period of 1878, show an increase in
gross earnings of 1899, 0S9, an increase
in expenses of 81 ,465, $50, an increase in
net earnings of $3.50, 40 All the lines
west of Pittsburg and Erie for the ten
months of 1879 show surplus over the
liabilities of $960,599, beng gain over.
the same period in 1878 of $597 ,996.
Official statistics show that two-thirCls
of the ordinary expenses of the govern
ment are paid by taxes on wines, liquors
and tobacco. During the last fiscal wear,
the excise upon distilled spirits yielded
$52 SOC, 900, that upon fermented liquors
$40, $50 900, that upon tobacco in all
forms contributed $40,000,G00, and the
customs duties paid upon both classes of
goods imported were considerably in ex-
cess of $4,000, 600. We thus have near
~ $115, O00,000 paid by the consumers
of these luXuries for the support of a
government which spends for its own
maintenance, outside of debt charges,
from $130,000,000 to $3.50, 100000 year
In Great Britain, the yield of customs
duties upon WINE, spirits and tobacco is
about e15, 700, 0O0 sterling, and the gross
receipts from excise are about e27, 000,-
600, together Gag ,000, 900, while the or
binary expenditures outside of the ma
tional debt charge are about e53, 600, 600
sterling.