The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-01-05

ments OF produce Tor the next eight or ten
dave Eight inches Of snow had fallen, and
The snow-storm was still progressing.
Briefly stated, tho assessed value OF per-
sopaI property In Virginia In 1878 was s76.-
g55 631 real estate, s242, 7o2 SOB; In 1877, per-
sonaI property. $T963G, 1853; real estate, $780,
sgf, 1873; decrease In 1878, 1850 gil; capitatioR
tax In 1875 s2s5 371 In 1877, 1886, s15; decrease
h 1878, $444.
According to the weekly coffee statement
Of Messrs Small d Go. the imports Of Rio
coffee since the first Of July to the twenty
eighth Of December, 1873, amounted to 6i,674
bags. The stock on the fourth Of January,
1879, was 1888 bags. Dealers have about COCO
bags.
State Consols opened at Gs5s and closed
steady at GsJsM694, against 6sa sGGs11aa on Fri
day. Premium Bonds closed easy ut $500
~, against 335sG133s4 on the previous day.
The sales at the Stock Exchange footed up
$4,000 Of Consos and $4,000 Of Premium
Bonds.
There were sixty-one failures reported In
New York during the past month, with LA
bilities amounting In the aggregate TO 1884,
74, and assets estimated at $1,o14,754. This
shows decrease, as compared with Nove1n-
Der, OF five failures, but an increase In liabil-
Ties Of about $500, 900 over the corresponding
month Of last year.
The financial summary for 1873 presented
BY the London Times gives gloomy color
ing to the experiences OF the year In Great
Britain by the side Of which the people Of
tho United States have been enjoying "fiush
times" The failures are by 5000 more nt-
nervous than last year, credit has been
shaken, Industries dlsorganized, wages re-
dnoed. and operations suspended to an ex-
tent that has brought nany thousands to
actual want.
The clearing house reports from the lead
Ing cities Of the country fer the week ending
December 10 show, according to statement
complied by the New York Public, falling OF
- compared with the returns for tho cores
bonding week last year. The Public In its
fovlew OF the exchange showing. states that,
Notwithstanding the large number Of cities
upOrting . shrlnkaRe, the falling of was
much smaller than the decline In prices dur
Ing the past year, and that consequently more
goods we're transferred from producer to con-
sumner last week than In the same week in |
December, 1877. Tho difference In favor Of
this In this respect is placed by this authority
1t per cent. According to this showing the |
'general business OF the country at the present |
ztame Is certainly In q more satisfactory shape |
Than at the close OF last year.
About two years ago the leading boot and |
~,
purpose OF securing much lower rate Of |
Insurance than the stock companies were
asking on their factories and stock, organ
ixsd themselves for cooperative insurance,
= tho "Boo. Manufacturing Mutual Fire
Insurance Company" The organization
succeeded In taking q good share OF the |
factory risks at twenty-five cents under the |
current stock company rates. recent fire
Is Bridgewater, in which there was loss Of
$500. brought matters with the cooperative
organization to q crisis. The stock companies
which were In the risk settled In about twenty /
days. The cooperative organization have not
paid up, and find as the result OF less than
two years Corporation" in insurance that
the losses towards the payment Of which
they have paid premium Ok 2ls per cent
could have been effected In stock company
ZOE ~ per cent. Ne sufor ultra crepidam"
Apphes with especial illness to the corpora
tors OF tho Boot Manufacturing Mutual Fire
insurance company
Mr.. H. A. Brown an er.unooiol +reosurv
agent who hns given ! great deol ~ .,..n.
ton TO the sugar frauda 90 exteneivolv ,,er.
petrnted during the loat fev years nlacea ina
actual loss to tho government bv aanItarotion
and revenue robbery in the iast tuo vears a.
about s13,OOOooo. This little ann ia certainlv
worth looking after, and the evil can be rome
died by simplifying the duties on sugar and
putting the brakes on revenue officials. Mr..
Brown pointedly remarks:
Revenue robbery by false grading and
unoer classincattlon ior evasion Of duty, false
estlv grade3 nav dntv an wy trn Wouio, y non
enter Into consumption graded at or heina