The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-02-28
commercial and Financial Matters.

commercial and Financial Matters.
paltm ores debt Is S34, 100000, and the tax
...yers are camoring for o reduction OF taxa
lion TO 81 60. --
rba total crop Of Ice gathered from the
nudson river this winter Ia estimated at
qoOoOo0 tons, taking no account OF what is
s,aoked outside the houses.
Tto hchonncr Ella NJ. Storce arrived here
80 aFf ", from Perth-Amboy, with 800 tons
:, sTfvbad iron for the Chicago, st. Louis
and New Orleans Railroad Company.
Earnest efforts are being made to awaken
.ho merchants of Louisville to the lmm ediate
nooessty of organizing Board of Trade or
chamber of Commerce. The Courier-Jour-
nal "a strong advocate Of this movement.
~
state Consols closed weak nj 4Sie04s'4,
against 49ls@499s on Wednesday. Premium
Ponds we're easy at 25025A, against 251s@
az on the previous day. The sales on the
street footed up $4,000 Of Consos at AZ u 0l4o,
and $4,000 OF Premiums at 256l251S.
The expectation of grain yesterday was
mite large, amounting in the aggregate to
qss63 bushels OF corn In bulk. The bark
Nerea. for Rouen, cleared with 26. $50 bushels
the bark Teresina, for Newry, Ireland with
$4,000 bushels, and the bark Leopold. for
Naples, with ,613 bushels Of corn.
An encouraging feature Of the refunding
movement is the fact that the per cent
hai talY Inv ha "A nlau.
Thousands Of women, Of limited means and
deeirous Of safe Investment, are among the
subscribers to this loan. It is estimated that
not less than 10000 persons have recently be-
come creditors of the government.
The number Of passengers arriving at New
York from abroad for 1878 was III, 1863, OF
whom 75947 were foreigners. The increase
over 1877 was 2Os11. The most interesting
fact IN connection with these figures Ia this:
That 80, 653 OF these went to the Western and
Northwestern States direct. The sales OF
farming lands in the West to these immi-
grants have rarely been as heavy as In 1878,
and the immigration and settlement In the
West In 1879 is expected to be even larger
than In 1873.
The statement having come from an Off
cia source that there are ten thousand fraud
ulent pensioners on the rolls the Senate
Committee on Pensions has recommended
that sixty surgeons. skilled In law as well as
surgery, shall be appointed to revise the lists
and make thorough investigation. This
certainly ought to be done. In the haste to
roll out money TO soldiers and claim agents
during the past ten years Congress has paid
little attention TO the genuineness Of claims
for pensions, and the result has been hat
fully 600OOOO0 or $60,000,00O have been paid
out to frauds.
Southern California 10 producing every year
more and more semi-tropical fruit. Oranges
are raised in such abundance that 1t is
thought that In a few years the market will
be 80 overstocked as To render their raising
unrenumerative. In the region around Los
Angeles every land owner and settler ID SO
DESTROYS to have orange groves, that dwellings,
are surrounded, and even the roads are bor-
dered with them. In anticipation of an ex-
cess OF the fruit, cultiyator5 of the soil are
beginning to plant walnut and almond trees
In its stead. Not much success has been had
as yet with bananas, In consequence of injury
this trouble will, 1t Is thought, soon be rem
edied. 1t is expected that pines will flourish
ere long, so that there will be plenty of figs
almonds, olives, pines, lemons and oranges in
the Golden State.
A recent internal revenue circular
amendatory OF previous regulations, just
issued, provides that hereafter all to-
oil nd nj rnt fac
from manufactures for expectation, under
the provisions of section 1886, Revised Stat
utes of the United States, will be consigned
to the care of the collector of customs of the
port Of export, who Is to cause q final inspec-
ton OF the goods to be made and issue the
clearance certificate prescribed on page A.
regulative series G. No. s, Revised Statutes
The collector OF customs who issues the GER
tifcate, and to whom the goods are to be con-
signed is the collector Of the port at which
the goods are to clear on board of the foreign
bound vessel, or the collector of the frontier
port through which the goods pass into
foreign territories.
The New York Herald prints an interesting
statement showing the somewhat remarkable
fact that $4,000 900 worth Of foreign rags are
brought into this country every year. The
most startling suggestion connected with this
statement, however, is that Russia and Asia
Minor send us the bulk of this enormous sup
ply OF WORKOUT under-garments. The fact Is
recalled that rags once carried the plague
into Marseilles, and it thereupon becomes at
once evident that this country is in danger
from the same source of contamination. The
Cossack who took the handsome shawl from
the dead Turk and presented it to his lady
love, killed her and twenty-five OF her friends
In two hours. The shawl carried the plague
1t may be that the dilapdated shirt of Rus
sian beggar, when the beggar himself has