davidaulloa/AmericanStories huggingface dataset:
The daily gazette., 1879-05-05
General NeWa.

{ Among the bills TO be introduced in
the U. S. House of Representatives to-
day Is one by Representative Murch, of
1laine, establishing Bureau of Labor
Statistics.
w The Republican Congressional Cam
paign Committee, in Washington, COM
pleted its organization on Saturday by
electing William +. Chandler Of New
Hampshire, secretary.
io Rev. Allen r. Beach, one of the oldest
Baptist clergymen of New York, died at
Hamilton, in that State on Saturday
engaged IS years. He was father of
Secretary of State Beach.
!, Rev. Samuel Adlam, formerly Pastor
Of the First Baytist Church of Newport,
H. L., was found wandering in the streets
rfthat city yesterday morning, insane.
1t was decided at a meeting of the
'lay night, to begin strike in five of the
mills, after certain preliminaries have
!, 1ieen arranged. The strike is not expec-
led to occur for about three weeks.
i1J The tack makers of Taunton, Mass,
say they will make atrike If contem-
plated reduction of wages is carried into
effect by their employers.
% "A heavy rain throughout Minnesota
q and northern Iowa on Saturday morning
!, removed all the apprehensions which
: were beginning to be felt of drought.
d T. By an order Of the Dominion Council
the importation of American cattle int
p the Provinces Of Ontario, Quebec, New
brunswick, Nova Scotia, and Primo
I. Edwards Island, has been prohibite,
! 1lntil after the 9th of June.
= ,ni,H At Salt Lake City on Saturday, .Judg
u Emerson sentenced Daniel FL. Well,
ssFiut Counsellor to the Twelve Apostle
4 If the Mormon Church, ITO 500 fine an
two days Imprisonment for contempt, i
u refusing to answer questions relative
~ polygamous marriages i'm the Endow
lnent House.
y Charles +. Freeman, the Advent
y who murdered his five-year old daught'
"a ia Pocasset, Mass, has been arreste'
With his wife, and the couple were a
y faigned at Barnsstable on Saturda
They maintained their composure, al
2 insisted that "God would Justify the
sssn nction, and relieve them from all hum,
~ Penalties" 1t is said thas number
at, Adventist neighbors of Freeman, bel
,Dii crazy from religious excitement, 'susta
him in his course" and there is talk
-, arresting some of the fanatics who ht
meeting in his house on the day of
lap slaughter and tried to hush up the h
nd deed.
The daily gazette., 1879-05-05

ING 0opEVVpVuV VI tAso PoPuAok sUsAs ..
Mr.. George Alfred Townsend, dis
tnguiahed observer Of events and . po-
litical economist whose fame is scarcely
second 10 that Of George, the Count
JoAnnes, has been fayoring the Phtiadel
phia Press with some statesmanlike
views on the familiar subject of the Ne
gro. Mr.. Townsend says that slavery
debauched the white people ofthe South,
giving them the barbsrity which the
blacks bad in their native state and leav-
ing them none Of the arts-patience, tol-
eration and tact. He says that the negro
has been elevated and is now religious,
laborious and brave, that the Southern
white does not pay his Northern creditor
nor the interest OH his public debt, and
finally has got to living on the neg, o,
cheating him In the necessaries Of life and
charging half dollar q quart for Inolas-
ses made ny the negro's own labor. 'srhe
true negro Of the South" says the saga
cious Mr.. Townsend, sis his late master
who wants guardian, which the North
proposes TO be to him until another gen.
Grafton, learning how to work aud suffer,
may make respectable citizens" These
views are highly original. Wehave been
thinking that Mr.. James Redpath could
make . great deal OF money by taking
Mr.. Townsend through the South on u
lecture tour. II these ideas were woven
into an attractive lecture and presented
by Mr.. Townsend In his luminous and
instructive way they would doubtless at
tract great attention In the South. Al
Mr.. Townsend could 20 through the en-.
tire South expressing these elevstine
sentiments without 1ife-insurance poll
cy TO keep Off malaria and without beiDl
fired at by some crazy young man who
might mistake HIM for his father, 4
would be another striking evidence o
the perfect peacefulness and through rec
onclliation Of that abused section.-Bdlt
Gazette.
The daily gazette., 1879-05-05

There are in the Russian, universtie
many poor students, who derive thei
supports from scholarships founded by
thd Governmint, or by the various pro-
vinces Of the empire, or by private bounty.
In the year Of 1877 the University of
Moscow expended upon this class Of stu
dents III, ,004 roubles, and the University
of st. Petersburg 1928 roubles. Allow
ing for each of these students 800 roubl.s
per year, 1t appears that one-third of all
the students ct the two universities in
question depended upon scholarships. All
graduates are required to render service
under the Government from four to
six years. ro -Nu,= +s
GARFIELD HAS GONE to watch Sher-
man, who has also gone to Ohio to watch
Garfield. II the great men Of Ohio can
be kept busy watching each other the
rest Of the country may get chance nov
and then. .....-. IT.. tr
Sudden changes Of temperature alwayi
induce physical discomfort under vartonl
man!fsstau ons, but generally colds. pr
Bulls Baltimore pills quickly rid thu
these changes. Price only 2b cents.
n Harry Meredith, recently Of the Wal
nut, is now playing the leading role II
"L'AssommOir" ~ the olympic, Ney
York. 'tl .I-. Isit s
Miss Betrmani formerly the Mort
Broad Hebe, is still very dangerously u
ct the La Pierre House. lu0 ~
The daily gazette., 1879-05-05
Heavy F.re.e.s e U.issd sssss'

Heavy Purchase ~ United states
! e8rSt si3 } ossuEatasas nsg az
/. sLQsuaop, NAy 2,-It y stated ,that the
ss:sS!si;SssF = n. I1s;saI Rsss yss:ss
Per cent bonds at ~ per ceat., making
In al 81, ,O0Ol6o0 Uuited States ssp0htiss
Itay99Sa9S S9nk hasreespsly puchseed.
cd their operations, and the PROBABILITY
b Though IL b not definitely settled 1et)
thst the headQuartsrs Of Nj. CVpant. the
ssSS s Al16ss: Als: s..;uss s,a = eSos%. sss1s.
modate the recont heavy subscripuens
through the Bank Of Comlueroe and the
Hisst NaiiDe.l Bank In New York foI
The daily gazette., 1879-05-05

!, -Afamiliar headline in the New York
fimes is "The Rebel Policy In Congress-
It seems strange that Notwithstanding
the fact that this rebellion has been 60
faR on in Congress for several months,
= obody has been arrested or killed. If
1Ir. Hayes doesn't take steps ct once to
check this rebellion he will lay himself
liable to the censure which 10 sometimes
yisited upon the administration of Presi-
dent Buchanan.
The daily gazette., 1879-05-05
I|sss.:s'. ]. -. ..a., !.
!, ! ~ slosdy ssssaw. a

AseA4 snriG1ls, ] ~ Enoeh Aoea*or,
spsaan but one language, but TyssA says
sAat this was the case with the Athenian
oratou. NJ. Bright smokes less than
fer0$riy ~ issa tsseptslsy H seb-
dnel .Glasiatpsss sqdsamishnsssy but
faiisd NJ ascspdancy ovsr MIL de
knew ttiie * history. but TruA says
that The tahntS Of the conservative press
made him = student Of history, He loves
sslE on nshings thinks fox huntans cruel,
ard S,ves hia nonsy away. d
The daily gazette., 1879-05-05
',.r.i'F =. stHtsal9- ~oH nst.,a8a xh. :.
Reno, New, In Ashes!
SAFBS.
is1 gN THE ONLY SAFES ~
That Proved True.
al 01Ms 4 Total Failure!
Pacts are Stern Things !
The Champion safe
- =
The champion safe
[Reuo Gazette March 4th J

Reno (aaxette Aarcn 4th,l
A Gazette reporter has been spending
a The day In Inspecting the safsA rescued
from the ruins, and tn gathering notes ~
10 Gheir cond tiOn. The result Of the tn
vestiGAtion proves beysud all doubt that
the Hall saf6, manufactured In Ctncinna-
q, Ohio, - the most reliable eA1e ropro-
scented. There were safos from half dos-
en- different manufhct0ries in the nre, ana
lheir contents were IN all stages between
sooveA and utfer ruin. Come had 70 Be
blown Opens others cut 70 pieces with
chisels; some were mass Of broken pias-
tef and warped plates. .Others seemed
sound on the out6lsie. while within there
was DOlhing saved. Some lost knobs.
others had the combination completely
upset. In every case the Halls SAFE open
ID without q hammer or ohfsei, and the
contents wers wholly untOuched, The
County TreAsurer's .aie (hall's) lay In q
m ass Of com bustibies upon which stresm
OF burning oil was running for eighteen
hours, ard ~ aoOn ~ IL cooled on MI.
Boyd opened II without the least hesits-
tiOn, and the contents were ~ good A.
new. Morris Ash Mad . little Hall safe
which was In The hottest OF the two pre-
| vious big Ares, and all day Sunday lay In
| the biase and GOALS OF HIS saloon heated
| up 10 seven times the regulation Hebrew
c6ildren furnace pitch, by burning brandy
and whisky, and whom II WAS Oponed yes
| terday afternoon. he found his money
papers and books hardly discoiored.
The daily gazette., 1879-05-05

Hundreds OF cases OF Bhtos
EASE OF the Kidneys havs n
cured. For Neuralglc az ~.
: 'iseases II Ia almost q spec,nu
and Mental Debility from !. ss m
htsl, Opium and Tobacco =, VA
nam able cause, flnd In THIS r'
raj and pot remedy.
The daily gazette., 1879-05-05

RENO, March 3, 1879.
Our Halls SAFE WAS in q iire Of Burning
OIL for J. igbteen Hours the hottest hre
ever saw. Safe opesed readily and con-
tents IN splendid order. y. r. BOYD.
County Treas urer,
The daily gazette., 1879-05-05
Fashionable Furnlrurel
]. & ]. N HARTMAN,
NJ. AHO King street.
WILMIN0TON. DEL.

ss7,r.r We respectfully Inform: che eiti
s4S Gems Of Wilmington, and the sur
% III rounding country tW 1--WE continue
1vEA 70 manufacture and Keep on hand
at our large aud long established ware
rooms, Furniture Of every variety and
styie, Consisting Of Mahogany Rosewood
md Walnut Furniture suitable Tor pArl0r,
a. .aning-room and chamber uses.
Our assortment of Furniture IL larger an
more varied than can be found in Delaware,
and Ali articles sold af our establishment
are warranted ~ represented. tr.
Venftian Blinds OF the most fashionable
decigne made to order and kept constantly
on hand. We also manufacture and con
stantly keep large Aee0rtnent OF Sprin
Hair, Mos and Husk Mattlesses
The daily gazette., 1879-05-05
FO0DAFraaA. RI "a
A Substitute For ~ IL VI

FOOD is made q curative agsn)
centratiOn and artificial digesl1
is 30 simple In It's application y
vice OF Physicians Is not requlfs
Thousands OF recOveries lfos
diseases are reported, where ths
cal skill has failed. II
Many OF the best Physicians ~
the country are DISCAKDiM
and using the BLANChAm
AND NERVE FOOD with ps
flying results, permanently =
forms OF Physical and MenM
The Dyspeptic and ConsumP
sufferers from Malarial OF By
ing, together with the entire
plants peculiar TO the Femsss
the use Of this Food sure an0
lief.
The daily gazette., 1879-05-05

ls.9..H RENO, March 3, 1879.
Your No. ts safe, belonging 10 me, has
lust oeen opened, and It's cont nts are In
perfect shape. safe opened without any
trouble a. soon as cooled.
H. T..I0 DAVID MCFARLAND.
Fee us before buying safes OF second
hand dealers. We will m AXE II decidedly
70 your advantage.
Hsil's Safes and Locks are the Best in the
Woridl
HALLS SAFE AND LOCK CO.,
Gin cinnati, New ork. Chicago, San Fran
cisco, Louisville and Il. Louis.
Sample Safes In store and informatiDn
Furnished by the Agents 10, Delaware and
Mary laLd. tH
" FLINN 4 JACKSON,
219 Market street,
.t... Wilmington, Del.
msr24-6mos
The daily gazette., 1879-05-05

NEW YORK; NUVe
DR. v. w. BLANCHARD.
past year / have prescrioed ySt| ~
preparations Of Food cure Wv
70 say they have met my s., m@
expectations, giving 10 paiisuSs sss
feebled by blood poison clis cHss
or over drug dOsins the hee'"
and nerue force. o,,rt|
PRoF, CLEMENCE 8. LOh,sS
Dean OF HON Med. C0llege -
for Women, New fofh'
The daily gazette., 1879-05-05
IElEGhAMs RECEIVED
Hall Safe & Lock Companv
RENO. March 4. 1919.

RENO, March 3. 1879.
Your Iarse Fire and Burglar-P Proof Sale
was opened this morning, the Bolts and
Locks working insreffect order. Contents
wholly unharmed.
- D. A. BENDER 4 Co, Bankers.
The daily gazette., 1879-05-05
WAsMINorvH.
WAsHINoroN, May 4, 1879.

0no0e D0nn0n0 Tor TO0'OoIhoR Cor.
ti@eates. rtitr a"
'''.', ,s WAsHINoroN, May 4, 1879.
The demand upon the Treasury for the
ten-dollar certificates - 20 great that the
entire force IN the Bureau Of Engraving
and Print " wss required y work to-day
printing thv certificates. Eighty thous-
and impressdons were made, represent
ing "a, ,3oo, 900 Of the popular loan.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

trade OF the country was never 30 great as
now, though the percentage Of profit is very
small, and large proportion OF traders SUI
fer from the restrictions OF q greatly dimia-
ished capital. 1t therefore happens that
though merchants may be doing well at pres
ent they are making 80 much less money 10
proportion to the amount Of business they
handle than they did ten years ago, that even
their prosperity seems to them comparative
misfortune. Our exports continue to prepon-
derate over our imports, indicating that the
people of this country are more
economical In their expenditures ana
are attending more to manufacturing
for themselves Taking tho figures furnished
by the Commercial and Financial Chronicle,
we find that our imports for the first two
months of the present year amounted 70
$40 sG7. 236. against $50 537 in 1876, falling
or Of more than ten millions. Omitting
specie, our exports to foreign ports for the
week ending with the fourth OF this month
amounted to S., 1853, 155, and their aggregate
since the opening OF the year up to that date
was S53, 749 2O6 against $40, 14S,9i9 In 1870, and
against $50, 594, 691 in the first two months OF
last year. Thus, while the volume and value
Of our exports have declined this year, they
| still keep ahead Of our imports, and we thus
have the satisfaction Of selling more abroad
than we buy there.
|
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21
MARKETS By TELEGRAPH.
BY Atlantic and Pacific telegraph Company
Dom estic.

CHICAGO, March 20, 925 a, m.-Pork so IS
@lo ~ May. Lard-645 bid. $50 April. $3.50
Union Stock Yards Estimated receipts of
hogs to-day 1880; light hogs 50 85g4; heavy
50 7O@4 So. Cattle-Estimated receipts f'5o;
s:3o 3. "a .-Close.- wheat-sg% bid April, s3H
bid May. Corn-85Bgs6 May. s6@ June Oats his
-25B May 2 576 June. Pork-S10 l71a bld
April. so 30 bid May. SO 40 bid june Lard-6So
April 657a May.
ST.. Louis, March -Opening.--Wheat-
81 OF March. 81 Ola bid April. 81 ON bid May,
Corn-s2@. bid March. 32h bid April. SS7a oid
Els . m.-Wheat-s1 OF < March. 81 o2% April,
81 03B May Corn-324 March 80" April 3a74
May WILL.
NEW YORK March 20. 12:4s D; m-Wheeatn
Spring 81 0291 05 do winter 81 O4@1 151. Corn
44a. 49, g434. Pork 50 2591o so. Lard 6.627a.
Foreign.
LIVERPOOL, March 20. 1918 o. m:.Cotton
steady. Middling Uplands .9-16, Middllng
Orleans So. Sales $4,000 bales. OF which 1000 are
for export and speculation.
Ocean Freights.
Ocean freiahts were about steady and only
| moderately active. To Liverpool By steam
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21
RAILROADS.
GREAT JACKSON ROUTE.
CHICAGO. ST. LOUIS AND NEW Oh.
LEANS RAILROAD.

THE BEST ROUTE EAST.
Trains will leave and arrive at the Calliope
Street Depot. on and after November 10, 1873. az
follows:
Leave. Arrive.
Exp. No. /. 600 D. m. EXP. No. 2, 1918 a. m.
Mixed No. 3. TOO a. m. Mixed No. 4, 800 o. N.
Nos, and run daily. Nos. and daily. ex-
0oPPUt idldi PALACE SLEEPING OARS
THROUGH TO LOUISVILLE, CINCINNATI
AND CHICAGO WITHOUT CHANGE, and for
ST. LOUIS a Sleeper Is attached at Milan, en-
abling passengers to go through without leav.
Ing the train = Only ONE CHANGE TO NEW
Improved sleeping and reclining chair cars
to VICKSBURG daily, without change.
Tickets for sale, berths secured and informa:
ton given at No. % Camp street. corner OF
AID. SHELDON, Ticket Agent.
F. CHANDLER. General Passenger Agent.
NEW ORLEANS AND MOBILE RAILROAD
~ MOBILE FAST Line -
THE SHORTEST AND QUICK EST ROUTE
TO ALL EASTERN CITIES.
On and after Wednesday. November 90. 1873
trains will arrive and leave depot. foot of Canal
street. as follows:
LEAVE. ARRIVE.
Mol Passenger No. Express.
daily except daily. 1895 am.
Sunday. ......7:s 80 am. No. Passenger
ID daily. poeo 100 M sunday SAoop 80
No. Passenger Nos Passenger
Sunday only .7:35 am. Sunday only.9 80 Q: m.
Tickets may be obtained and Sleeping Oar
office corner Camp and Common streets. oppo-
'i'o oi'' A d. B. ROBINSON, Superintendent.
d1 1y J. W. COLEMAN. Ticket Agent
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21
No finer relish ever was encased-
FINANCIAL AND COMMERCIAL
MON ETARY.
OFFICE NEW ORLEANS DEMOCRAT. !
Thursday Evening. March 10. 1873. J
NEW ORLEANS CLEARINGHOUSE.

Total thus far...... $7,387 ,853 80 SlO07 .523 ~
We quote exceptional paper GOT y cent; Al
do TO; second grade doc: loans on col
ateras e6Ds: Al mortgage paper 80; Sec
ond grade do o y cent per annum.
Mexican dollars are now quoted at s4@Ss
and trade dollars at 9o095c. Halves and quar-
ters (American) are quoted at 99@99h.
The sales OF Foreign Exchange were small
and rates are easy. Bank sterling rules at
-@4s5h and bill of lading and clear bills at
4s1 1s04S3
French bills are easy and quiet. We quote
hank francs :; commercial $3.50.
Bank sight bills opened weak and closed
the same at pur: commercial is quoted u
v cent discount.
State Consols steady at 481st049a.
Premium Bonds closed easy at 241a@25.
Stocks are firm.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

ST. CHARLES HQTEL,,Mrs D99g ugh, t Miss
La: Miss Bushman. Y: Miss L Willis, Gal,
weston; g G Cooley and wife, Chicago; " "
San Antonio; @ W Wiler. l. Toy Phila: l G
Haas and WIFE, Savannah; NJ L Holton. N Y: q
Buck. st Louis; + Hyde. N 7; Schneider
Miss Thompson, Chicago, 3 Q Moves. Miss
ton. o: Z Tabb, W 9 Belts, XVI A proudht
and wife, Madison Wis; Pfondflt,, M 4 :
CITY lHoTELnJ " Deder !, Mrs NJ Maria
eonvilie;. DR. Fl J Hulcee, Louisyllle; James
Gail Jr. Westinghouse 7 Morton, Mississippi /;
Mrs Bosworth. Canton r ii Henry, T M Henry,
BrookhayeB: Blount, M ,sissiPPi; DIR Mrs
Woodville. Chaa l. shannon. Cincinnati; I J
Woolf NJ d, city; II Y Mccain, Montyerry,
La; G. Brown. San Patricio; J Z Leake. Fort
Worth. Texas George W Bennett, Cheneyvillei;
Head, Evergreen; j s Smythe. Mlss }
5mythe, Mississippi; Ell Magee. Magee'
w Ii Johnson, city.
II ever cease To love. What2 Shadines.
As safe and pleasant invigorant Reeds Gilt
Edge Tonic suits lalies in delicate health.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21
INSURANCE.
OFFICE OF AUDITOR OF STATE.

New Orleans, January %, 1879.
The Louisiana Equitable Life In
surance Company of New Orleans
has this day filed in this office
sworn statement i'm regard to regis
tered policies in said company, and
deposited the necessary reserve
thereon, as required by act No. 30
of the extra session Of the General
Assembly of 1877, entitled Gan act
to better secure holders of life in.
surance policies in this State; to
provide a reserve fund therefor,
and for other purposes.
ALLEN JUMEL, Auditor.
ia25 3m cod 3mW
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21
WEATHER BULLETIN.

WAR DEPARTMENT.
Signal Service. United States Army.
Dolly meteorological record for the eight hours
ending at 3:s9 D. M. Thursday March 30.
Observations taken a: the same moment of
time Mt all stations.l
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

state Consols opened at 49, and closed
. osa,y at 4s5504914, against $685. on
s Tednesday. Premium Bonds closed easy at
a.sI0125, against 2lss@2izs On the previous
n s.1, The sales at the Exchange footed up
Wy ooo % states and $4,000 of Premiums.
r sYyts ss5 900 Of States and $4,000 q pre-
,n,ums were sold.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

The above statement Is true and correct
transcript from the books Of the company.
J. TUYES President
]. w. HINcKs, Secretary.
Sworn TO and subscribed before me. this if
teenth day of January. 1879.
TIL. BUISSON.
Third Justice OF the Peace.
OFFICE OF THE NEW ORLEANS INSURANCE Co.,
Corner Camp and Canal Streets.
New Orleans. January 10. 1879
At a meeting of the Board OF Directors held
on the eleventh day OF January. 1879. 1t was re-
solved to pay. on demand. the semi-annual In
terest dividend of FIVE PER CENT on the
capital stock to the stockholders or their legal
representatives.
DIRECTORS.
@. r, DUGAZON. II. GALLY.
CHS. LAFITTE w. A. BELL,
CHS. e. SCHMIDT, ANT. CARRIERE,
CHS. J. LEEDS, JULES ALDIGE.
d. FATJO PIERRE POUTZ.
A. BCHREIBER. JULES TUYES.
ja16 tt
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

The Controller Of the Currency mug ~
tborlzed the following banks to begin o '
ness: The Third National Bank OF camoer-
, land Maryland, with 100000 capital; the
oskaloosa National Bank Of Oskaloosa' Iowa,
with $50 600 capital; and the First National "a,
pank ~ Johnstown, New York, with Sloo,Vo'
capjtal. -
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

,.on indication 81 the improvement In real
n.a u New York vacant lots have recently
- 80 aold at an advance Of 50 to 100 per cent
een Tho lowest point Of depression Rapid
IN .r.na,t has greatly increased the value oil up-
-, propprty,
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

!. Ia announced that Secretary sherman
~ w. 10 turn the whole coinage Of the silver
. s'n.r from Philadelphia to the New Orleans
oC. 10 the bullion can be got from Omaha 70
m r, orleans for what 1t now costs 10 Phii-
.delpbia.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21
~. = cial and Financial Matters.

r.e bark Norma cleared yesterday Tor 81
w ~ With a 900 bushels Of corn in bulk.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21
COMM X RCBAL.
OFFICE OF NEW ORLEANS DEMOCRAT.
rI,l..Isc. L.. NJ. .-nh %

COTTON-The market opened under IN
favorable influences. and only moderate de-
mand prevailed: later. however. confidence was
established and fair demand sprung up the
sales agRregating 1850 bales. including 1900
bales late yesterday afternoon.
The following is the official closing OF the
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

The sales outside Of the Exchange aggregated
Sos 900 OF States at 4s7s@4ssS. and SIS 600 Pre-
mums at 241a@24sS.
by Telegraph
New YORK. March 20-Money closed at 617
" cent. Exchange closed steady at 487g4891a.
Governments closed steady.
The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-03-21

writer commenting on the interest ques-
ton states that in forty years the accumular
ton Of principal and interest on $4,000 ID
S32.907 at 3 per cent. $lO6, 403 at per cent and
s4953l6 at 10 per cent. The same sum
amounts to $is, 766 at per cent and $3.50, 422
at per cent. At per cent the accumulation
In forty years is three and half times as
lalge as at 3 per cent and at 10 per cent
nearly fifteen times as large. The increase
at per cent Is nearly five times as great as
at per cent. At per cent a sum doubles It
self in "a years; at per cent in 17H years;
at AZ per cent in 16 years; at per cent in
li1a years; at per cent in IL years; at per
cent in 104 years; at per cent in years,
and at 10 per cent in ~ years.
Under the resumption act no national bank
can issue notes OF d denomination less than
-. All ones and twos of such notes sent to
the treasury for redemption by national
banks are not reissued but are destroyed.
The amount 50 destroyed since January has
been about S250,0oO which means so many
ones and twos OF national banks withdrawn
from circulation. This Is not a contraction of
the currency, Eor does it mean a smaller
amount OF one and two dollar notes ia circu-
lation, for the banks can secure as many ones
and twos OF United States notes as they de-
sire, while they are not allowed to issue any
themselves. Besides, there is the silver dol
lar of the daddies to take the place of the
ones and twos that may disappear from com
mercial channels.