The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-02-13

| Arpvivai OF business ID steadily rewarding
~ manufacturers and stores Of the whole
q merchants OF st. Louis. Manufacturers
mite In expressions Of satisfaction at the in
rsse OF business during the past month,
INA merchants are preparing their shelves
I'M heavy demand on their contents in a
1 ry short time It is believed there will be
Ntmickening of trade during the next sixty
laws such as has not been felt since the war.
The st. Louis Republican Of the tenth In
shnt says "The river is very low between
/ hae and Cairo and still falling but packet
snd barge lines are making regular trips
Through to New Orleans, and going freighted
hpssible depth. The bulk grain movement
Ibyew Orleans has begun, and Saturday the
Nv. T. Future City and barges departed
With 40, 600 bushels wheat and 10000 bushels
ern and the Lowrey Line Norton and barges
/ With s., 600 bushels corn-the latter an addi-
/ ton to the Nortons trip last fall
The London Miller intimates that not few
millers in Europe have contracted three to
| six months ahead to supply -four, without
buying the wheat against it, as they count on
being able to purchase the grain as wanted at
kss prices than are now ruling. The Miller
notes the passage OF ninety-four wheat-laden
Fessels through the Dardanellee, forty-seven
q which were taken by Marseilles, and states
that Russia will ship actively as the season
allows. Evidently there are some people on
the other side of the Atlantic who expect
cheaper wheat in the summer, but how much
Of the cheapeDing will be due to lessened cost
Ct transportation is the problem that cannot
BOW be solved.
The Summit Miss Times says: We shall
urge upon the assembled wisdom OF the
State. on their neSt assembling in our legis-
atve halls, the levying of a tax on drum
mers, that will secure our citizens from the
enormous tax which their services compel
tie wholesale dealer and manufacturer to as
sess, to defray their expenses, amounting to
Rom $40 to $50 per diem for each Of the thou
lands engaged. Their privilege is also often
abused, and they become, in fact, peddlers or
dealers. We witnessed not long since a sale
Of sample cigars made by a st. Louis drum
mer on North-bound train of the Chicago
St Louis and New Orleans Railroad, and
have known sales made frequently, in some
Instances amounting to pretty round sums.
|
The British Parliament will meet in regular
session next Thursday. The government in
tends to ask Parliament to authorize another
loan to Turkey for S50,o00,0o0 Or $50 900 900,
and, having over 100 majority in the Com
mons, the loan will doubtless be voted, al
though it might naturally be supposed that
Englishmen have had enough Turkish loans
since 1854, when Dent, Palmer Il Co, of Lon
don, advanced $4,000, 600 of the fourteen for
eign loans to Turkey. England was in twelve,
and they foot up from 1854 to 1874 the sum Of
1924, 9Os,9l5 After that Turkey paid no more
interest, and, having paid none Of the princi-
pal, she was shut out of the markets. This
time England, having her foot on Turkey
will doubtless get sufficient security for the
proposed loan The former loans were based
on Turkish revenues, sheep tax, mine pro
ducts, etc; but as the Sultan spent all the
revenues and loans, too, on personal luxuries
The bondholders were left whistling for theil
money.