The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-02-25

Indi heu utueEeuce IN bne aggFegate pfOduc-
ton Of product-equal to 100000 hogs OF last
years weight, and making the packing equal
to Z, 135 900 hogs OF last years average weight,
or an increase Of about 100000 hogs OF this
quality OF last year. The decrease is more
marked at Interior points than at the large
packing centres. In regard to the yield Of
lard, 1t is almost impossible to make any cal
eulation. The interior points generally report
O reduction In the yield. yet In very many
cases 1t is not In proportion to the falling oil
In the average weight. 1t is well known that
packers In Chicago, Milwaukee, st. Louis
and some other points have tanked an unusual
number OF sides, and the reports from these
points may materially change the aspect pre-
sented by returns from tho interior. The
general impression is, however, that tho ag-
gregate returns will show very little differ
ence In the yield as compared with last year
From the returns received 1t will be OBJ
served that the stocks on hand, with the ex-
ception Of lard, are not unusually. heavy
when the Increase In the packing Is taken into
consideration. The total amount of product
on hand at points which packed 6,O83,0OO hogs
IL about 4g0,000,0O0 pounds equal to the pro
duct OF about 2,575,000 hogs-showing that
packers at these points have been able to dis
pose OF about 660,000,OOO pounds OF product,
or considerably more than they now have on
hand. On the br 9 OF the above ejaculation,
II may be inferr d that about 100000 hogs
have been packed to date in the West, max
lug about $50 900 900 pounds of product, and
above proportion, the total stock Of hog pro-
ducts ON hand In the West would not exceed
At the present time 57O00O,00o pounds: Or
this, the mess pork and hams
markets. and possibly one-half the shoulders
and sides would be needed to supply the wants
OF the domestic trade What proportion of
the lard will be needed for export Is difficult
to approximate. but 1t Ia evident. under the
circumstances. that the amount OF suitable
mp q
100 600 pounds not In excess Of the or
binary shipments for two months The proba-
bilities are that the increase In the foreign
shipments from November to March will
crease III the lacking OF 100000 hogs Of
last years weight, and that the stocks Of all
kinds OF product on hand In the West at the
close of the winter packing season will not
exceed that Of last year at the same date
The increase I'm the amount OF product manu-
featured In the West during the season will
be about 1875. DOC, 900 pounds, and the increase
In the foreign exports since November Ia
about 96.00O,oo0 pounds.
ALABAMA STATE BoNDs.--The bonds Of the
State OF Alabama have again been placed
upon the regular list OF securities at the New
York Stock Exchange.
Under the terms OF adjustment the State
has issued In lieu OF her old debt, direct and
contingent, the following description of bonds
Bonds designated class A, not to exceed In
the aggregate the sum of 81, 0OO, 900, In sums OF
$1,000 $500 and 800, dated July /, 1876. pay
able thirty years after date, bearing interest
payable January and July |, at the rate OF q
per cent per annum for the first five years; 3
per cent for the second five years per cent
Tor the next succeeding ten years: and there
after per cent till maturity. Renewable at
the pleasure Of the State with interest at 5
per cent? $1,000. No. / to 5771; $1,000, No.
COOL to 6643; 500, No. 8001 to 1926.
Bonds designated Class B, not to exceed
$500, 900, in sums of $1,000, No. / to 5l4,
same date and maturity, bearing interest
payable January and July l. at the rate OF
per cent per annum renewable at same
rate)
Bonds desi xnated Glass G, not to exceed
81 100000, $1,000, No. to 459, dated January
|, 1876, thirty years. bearing interest payable
January and July |, at the rate of per cent
per annum for the first five years and per
cent per annum thereafter renewable at per
cent.
The debt of this State, including indorse-
ments, was Ia 1876 about s23,O0O,00O. For q
portion of this (about S7,00O,000) the act
authorizes the issue of new bonds class A.
most OF il dollar for dollar at a reduced rate
of interest ignoring the past due unpaid in
terest For another portion Isl ,192, 000l new
bonds, class b, are offered ut one-half $780,
000) For $5,300000 Endorsement of Alabama
and Chattanooga Railroad bonds, new bonds,
class 9, for 81 600 900, are offered. For $4,000
600. issued to Alabama and Chattanooga Rail
road company are offered i'm settlement. An
other portion OF the old debt, 81 100000, are
receivable for taxes. For the remaining S6000,-
600 and over no provision is made Mobile
Register, twenty-tirst instant.
-