The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-01-29


! ri, went up to Ga, and closed weak at $3.50
/ ~, against 635s9634 on Monday. Pre-
mum Bonds closed easy at 49, 4@2s11Ia, against
tsA2sA on the previous day. The sales at
! IA Stock Exchange amounted to $4,000 Of
mite Consols and $4,000 OF Premium Bonds.
The sand dredged from the bottom OF the
mississippi river has gotten to be an estab-
anhed article of trade. There Is a constant
demand for st. Louis sand, many carloads
hing shipped away to different parts Of the
state during every year. The value OF this
Material for building purposes Is 81 square
ysrd, or two-horse load.
According to the Buffalo Commercial, there
have been received In that city the past sea-
son nearly 100000 barrels Of flour, but this
VAS not as much as in several preceding sea-
sons. The arrivals Of grain however, were
Die ahead Of anything on record. This years
totals reach S3,547,233 bushels, or nearly
4 1lO0OO00 bushels In excess OF the best pre-
vious year.
The receipts OF our saccharine products
during the past few days have been large,
amounting to 1888 hogsheads of sugar and
1900 barrels OF molasses. The receipts this
season to date at this port foot up 100, 524
hogsheads Of sugar, against 67,764 for the
same time last year; and 209,256 barrels OF
molasses against 236, 341 barrels for the same
time last year.
The twelfth annual report of the New York
State board OF charities shows that the whole
number Of recipients Of public charity In the
State last year wass43. 712-this including In
sane, idiots, blind, deaf and dumb. and pau
pers. The report estimates the value Of
property held In the State for charitable pur-
poses at S33, 976, 1852; the receipts for charita-
bic purposes from all sources last year were
$7,405,75
Georgia offers special Inducements to manu-
lecturers Of cotton, in that State, by exempt
ing capital employed therein from taxation for
ten years. Her example could be most properly
and profitably followed by all Of her sister
cotton growing States. Independent OF this
process, that State has abundant natural
facilities, and can command labor very
cheaply. 1t Is no wonder, therefore, that
Georgia is looming up as manufacturing
State. and all her factories are declaring
handsome yearly dividends.
We are glad to learn that by the vote of the
Executive Council, including members at
Galveston, st. Louis Savannah, Charleston,
Nashville Cincinnati, New York and New
Orleans, Mr.. Henry G.. Hester, OF this city,
has been elected secretary OF the National
Cotton Exchange OF America, vice Mr.. 9. FL.
Buck, resigned. This Is deserved compli-
ment to our accomplished friend Hester, who
has SO long and ably acted as the secretary of
the New Orleans Cotton Exchanges position
which, we are pleased to learn, he Will still
retain.
Two results Of the great distress In Eng
land have already declared themselves: The
first Is the renewal OF the emigration move
ment. 1t will not be surprising II the United
States, In the next few years, receive such ac-
eessions from England and Wales as they |
did from Ireland during and after the Irish |
famine. The other result is the revival Of
vegetarian discussions In the English press. |
1t 10 very comforting for the poor operatives
and laborers who can't get meat to be told |
mat they are much better without it; but |
they had better come to America.
The increasing production OF ostrich feath-
ers on the South African FARMS combined
with falling off In the demand at home. has
led to decline In the market rates for this
produce at the colonial sales Feathers Of
OF superior quality however, fetch high
prices. At recent sale at Graham stown
thirteen splendid primes" or perfect white
feathers, realized guinea each, or at the rate
Of S725 per pound. The average price for
fine white feathers was 5000 per pound. while
blacks realized about $40 and drab or fancy
colors only $40 per pound.
The figures representing the insurance bus
mess of the United States, ii correctly given
In the publications made by the various
papers In this interest, are absolutely over
The life insurance companies
hold s4o0,Oo0,0O0 In trust, and pay $50, 100000
annually for deaths. and their obligations are
out to pay 81 ,6Oo,OOO0oO, held by 100000 fam
HES. The fire insurance companies pay more
than s5o,oOO,OOO every year for property de-
stroyed by fires, and then marine and acct
dent insurance are to be added to the list.
Some years ago the employees Of prosper
Gus New Jersey firm were accustomed to
leave a portion Of their earnings with their
employers, who paid interest upon the
amount. After time the firm failed,
ald the question arose whether the
moneys thus left were wages due
me employees, or loans made by them to
lnelr employers. If the former, they con-
sututed preferred claims, If the latter they
Y. .ook their place with other debts, to share
lne division Of the assets. The lawyers have
over the question for several years.
lno 1t has just been decided that they were
wages and not loans.
Inc Internal revenue Of New York city
a, 1913 shows that during the past year Inn
o1sataons at New York Of ale and beer
llnounted to 1924 packages In bulk an a.