The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-04-09

~ maple. In the provinces nearly every
NV possesses pair Of the finer sabots for
vsring out in damp weather. These have
mmoqrams and other designs carved on the
vamps, and they are kept on the foot by
Houamented leather pieces over the instep.
me manufacture OF these pieces OF leather Is
1 regular business in France. i
The late rapid advance In cotton has pro-
diced an upward tendency In goods, though
The market for manufactures has by no means
kept pace with the staple A large number OF
Eastern brands of sheetings and shirtings
have been marked up 4DHc. Cannelton
Goods were advanced to-day to the following
E0riees. Great Western 7c, Columbia 6ac,
fIoosler SIC, and batting to 1o1ac for No.
Esnd % for No. 2. Manufacturers have been
|sIow in establishing higher rates for yarns,
[dc. In Southern goods and yarns particu-
Ekrlv the inaction Of manufacturers Is some
| what anomalous.
According to the annual review of the Gin
| dnnati Price Current, "the relative prOduc-
| ton of lard has been greater than usual dur
! Ing the past winter. The general average
ylflu uOS Wuo o5.fo NO, 8u11OeDo0 VI 40
| lbs compared with last year, which ID some-
| what anomalous in view of decrease OF $50
| lbs In net weight This Is largely accounted
! Tor by the exceptionally heavy yield reported
! by Chicago and st. Louis, where it is said
sides were tanked to a considerable extent, 1t
1 being estimated that at Chicago the sides Of
100000 hogs or flore were converted into lard.
! The relatively satisfactory price ruling for
Ind during the active part Of the season, and
the readiness with which it was turned into
MILL, were Influences favoring large pro-
duction."
The sales OF per cent bonds on the fourth
Instant were enormously large. Three New
York banks subscribed for $4,000, 900 Of the
neN per cent bonds, the Bank OF Commerce
tlone subscribing for $4O,O0O,00O, the largest
erer made by one party. This subscription
md the amount retained by the Secretary Of
NE Treasury, under arrangements with the
london syndicate, will absorb all the five
Menties of 1867 and 1868. The Secretary has
not made known the terms upon which the
tenforties are to be redeemed, ebut 1t Is un-
dsrstood that they will be less favorable. The
Whole amount of the five-twenties called in
ir redemption from the proceeds Of per
@ntis reported to be $349. 565, 700, and the an
nual saving Of interest, 2 per cent, will be &c.
M,SA. No further subscriptions are to be
received for per cent bonds, except those to
peissued In exchange for $40 certificates, un-
tlfurther notice.
Sheep raising Is, as Is we'll known, one OF the
most active industries Of Colorado, and steadi-
growing Ia Importance. The best informa-
pOn obtainable shows the number OF sheep In
lat State to be about 100000, valued on an
average at 50 % head, or S4500,O00 In total
RI Last years wool clip was some 100000
pounds, worth at an estimate of 1711a cents,
10000, to which should be added 100000
mos, valued at 81 30 head, or S75O,OOO,
liking $1,625,ooo. During 1878, 10000 head
sheep were driven in from California
5000 from New Mexico. The ship
Aent Of wool the coming season will be
bout 100000 pounds, amounting at
NJ years figures to 81 ,225,o0D, exclu
we of 10000 lambs, which would
ftng I25, 900, creating an income OF So
0ooo from sheep alone. In consequence of
ne long distance and the want of double
lecked cars, railway rates on sheep to the
ast have been SO high that mutton cannot
eshlpped to any extent with profit. Thus
T sheep-raising has been very remunera-
lve, and it will probably be more SO when
onducted with ampler capital and experience.
len who embarked In the business eight or
IN Years ago lost money from their lack OF
practical knowledge, but they have since re-
Aired their errors and are now doing well.
Ne failures from inexperience have been
MY but those who understand sheep-rais-
and are Industrious and energetic have
lmost always made money.
LIE RICHEST PEOPLE IN THE WORLD
E~4sr,lcans will soon be prepared, II they are
already, to compete for the honor OF be-
" me richest people in the world. They are
Ralnng In the race, and will soon pass
luce and England No country has be-
Nv rich as rapidly as this in the past
10y years. The last three United States
fuses give the total mot assessed va1ua-
49, 49, u real and personal estate, exclusive Of
",,aanen property, in all the States and
nIlsso,ries, as follows: 1850, S7,132, $50, 2S5;
Y 49, nv. l59, 6l6068; 1872 S3006s, 5ls,507. Be.
~ lo2B and 1860 the wealth OF the United
! M more than doubled. Had the gain
q s n;nel at the same pace since 1870 the
sn may census would put us far ahead OF
mi Ie, eveh allowing her to count In the ma
y (hosn properly, which we omit. But the
# flatsan ys snttihiiKage of values in the United
49, Ior the past few years forhids us To ex-
y ieoa =. ,aeay mat this country will take
ii n rau, ~ looo. But II she does not occupy
~ n lsa year, she will surely do so ut q
.m mos femote.-tNew York Journal Of