The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-07-23

as authority for It's action. An appeal has
been made to the Secretary Of the Treasury
asking that;customs officers be stationed out
side Of the city Of Galveston 70 pass prohlD-
tied goods. The Secretary referred the mat
ter to the National Board OF Health, which
declined to act for want or jurisdiction.
Peru owes to British bondholders E36, 600
nm For this sum, which was borrowed In
1870 and 1872, the Peruvians mortgaged their
p1,ano deposits. But by some means they
have continued to sell the guano and pocket
to whistle for their interest. There Is now
due for interest about S6,o0O,000. At the close
Of the present year there will be due to the
English bondholders the principal and in
terest On the bonds held, amounting to not
less than S175o000O0. The British bond
holders have suggested to the English foreign
office, as measure OF relief, an import
duty OF &c per ton on all guanO imported
into England, five-sixths of which amount to
be appropriated to the REDEEM ption of the
bonds.
The pressure of American competition upon
British agriculture Is making itself felt In all
directions, and we cannot wonder that 50
many Of the landlords Of Britain are begin
ming to wall about protection. Now comes
the complaint from Scotland that American
cheese is being imported into Ayrshire In
such quantities that much Of the home pro-
duce of last year Is still unsold and likely to
remain unsold. In many cases farmers have
given up cheese making altogether, and this
Of course has had the effect OF increasing the
supply Of butter and milk, both OF which are
selling at prices which have not been reached
during ten years. Butter, which was sold In
Ayr market last year at is. sd. per pound, has
been sold this year at SGD. AS for milk 1t
cannot be sold, and In many cases has had to
be given to pigs.
The clearing house reports continue to ind-
cate an unusually good business at all the
leading cities OF the country for midsummer.
According to the usual weekly compilation OF
the New York Public, the total clearings re-
ported last week amounted to $500, 100000,
against 1854, 900, 600 for the same week In 1878.
The report received last week, as compared
with the corresponding week last year, show
an increase of 10 40 per cent at Chicago;
per cent at New York; 6-1o per cent at Bos-
per cent at Cincinnati; Clio per cent at St
Louis; 26 40 per cent at San Francisco; As
90 per cent at Louisville; 921O per cent at
Milwaukee,; 10 9-t0 per cent at Pittsburg;
40 per cent at Cleveland; 10 Clio per cent
at Indianapolis; 2 ITO per cent at New
Haven; Is 2-10 per cent at Syracuse,
and 20 2-10 per cent at Lowell The weeks
clearings at Baltimore show falling off from
last year OF s $40 per cent: at New Orleans
of 6 10 per cent, and at Providence of 10 lilo
per cent.
The Shoe and Leather Reporter says:
The exports of leather, both sole and upper,
have steadily increased, aud for the six
months just past are larger than for any cor
responding period In the history Of the trade.
This increase has told pereeptibly on that In
dustry; the business has become profitable,
and the outlet in Europe which it affords US
is a great benefit to the trade. American
tanned leather has now such 9 foothold In
foreign countries that the tariff impositlons
with which it is proposed to load it in many
places will hardly be sufficient to stop the
trade.
From the latest statistics we find that
England exported for the past year 5,t56,4 43
pairs Of boots and shoes; these may be
valued at s., 1850. For the same period the
exports Of France were 1856, 288 pairs, and,
as they were finer goods, the value as given
In the Official returns was plb. ~, 545. me
exports OF Germany were 100000 pairs,
valued at So, 900. Those Of Austria were
100000 pairs, valued at $5,22O,0O0. La addi-
ton to these Switzerland sent 100000 pairs,
valued at 100000 to Buenos Ayres and
MontevideO, and Spain sent to Cuba and her
colonies 100000 pairs Of shoes, valued at ST.
100000.
Here we have sum total Of 19,042.736 pairs
OF boots and Shoes OF the value OF $50, 787, 1O5,
exported by six European nations yearly, and
they have had this trade and done this
amount OF export business for at least ten
years past. For the last tive years American
goods, except the product Of France and
American machinery has, with the above ex-
ception, helped produce them. In the face Of
the figures given above 1t 10 humiliating to
present the summary Of the exports Of boots
and shoes from the United States, the value
being S433, 1872 for year 1873, and S467, 8l6 for
the year 1877.
MONETARY,