The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-31

The long continued low water 10 greatly 70
the datrimant Ut the business interests ot NEW
Orleans The amount diverted from and lost
hy that ctty even for this season, wnnld, "
n,ola1iy appropriated. put the river Ill good
condition aud almost build The railroad 70
this place hut suah appeals hRvn always
urnynl; futile on the merchants ana Gaptal
iata VT New prlnana.
AGAIN nv Gnrnr Tie ST. Louis Life H.
suranra Company. which has heeu Tor some
time III the hands uf receiver. ~ again
brought to- the attention Of the court. this limo
ai Tie instance uf certain policy holders, who
charge that several prominent citizens 81 st.
Louis have had hand III bringing the con-
Germ ia Its present unsatisfactory financial
condition. and have In the manipulation az tta
affairs enriched themselves to a considerable
amount, which sum or sums tho complaining
policy holders claim should he recovered by
suit against the individuals In question. 1t ls
alap proposed. while they arc about u. W 70
Into thorough investigation Of the business,
and llsnover. II possible. the cause OF Causes
which have contributed TO the slckly condi-
ton of HE Insurance. companies tn That local
ity for several ynars past.
REDUCTION or posrAaE IMpRonApbE.-
y
will. II Is estimated, amount 30 fa2,2lo 900 the
current year. leaving deficit Of 600 to
he provided fnr hy congressional appropria-
tlona. The talk. therefore, of any Immediate
reduction Of rates on letter postage would
aeem visionary ut present. This large deficit
L. Or course the result OF providing mail scr
Vice FOR the portiona of the country eparsey
settled, notably the frontiers, where the cost
Of carrying the mails is heavy not only, but
the postal revenue ID light. The great diff
Guilty Of fixing a postage rate I'm this country
as low as England. for instance, conslsts In
the fact that the United Kingdom Ia ~ thick
~ settled and 40 penetrated in every part
with railway communication IA to render the
cost OF carrying the malls much lnsa burden
some to tho government than III the United
States with ita vast extent Of ,lnoccupied tor
ritory.
TuT NEW Conn GROr. The NJ. Louis Ra
publican Of the twent v-eighth instant says
F" Rho weather has boon AZ propitinlls aimee
the corn crop maturnd that large proper
tinn Of tho receipts goes into No y grade
This Is thus far specially the fact with regard
to Missouri and Texas, which productions are
now daily arriving. All testimony thus far
as 80 tho corn crop Ia tu the effect of n prodi-
gtoua result and great activity oF the mar
ket One Of the strange facts connected with
corn tn the American aense ID that the labor
Ing people Of Europe have not set perceived,
or at least become prepared to ,,se 1t for food
with the freedom with which Americans DO
Here lta miled form Ia not only regular
and Important hrca,iatuN for working people.
but a a luxury to the rich North and South
while In Europe tile raw product II used only
AZ feed for animals. Instead Of thia awnot
and nutritious cereal they lse cheese, rye
or anything "a u substitute for
wheat. when the cheapest aud the best cereal
outside OF whcnt IL neglected. from n prejudice.
and when II could from its immense abund-
anco III thla country supply them with n
luxury even II they could comprehend It,
THE GENITAL SYSTEM hGAIN.-Tha cental
,yatem fnr grain and other market products.
Ia substitute for tho hushe In the case OF
grain and a. applicable u -four and provis-
ons. which was adopted thia year by tho New
fnrk ana Boston Produce Exchanges to W
nto effect October |, but postponed to Janu-
Try would seem destined after NIL to go by |
ietault Tho Now York Produce Exchange
vas tho most interested in the adoption OF the
svRten and tho Boston Board Or Trade fol
owed, but other market centres did not re-
srond to the extent ut any practical action
thereon, and in the meantime the Now York
Produce Exchange postponed tho use Or tho
aystem from October to January I. But 1t
appears that at the call on wheat and corn On
that exchange last Friday the GENITAL was used
for the frat time In making offers or bids for
January delivery, III order IT, lamiiarza the
with tho system. which Is to go into
effect january ! next. Although there wore
several genuine offers aud bids made, yet there
were no transactions. and those present
seemed to think 1t more Of n joke Than any
thing else The feeling IL growing among the
members Of the grain trade that before the
systcul can be generally adopted Congress
must pass a law 70 that effect,
--~-+~-~-----
Hen PRICED CoAL.-A dispatch from
Louisville says.
The price Of coal WAS raised here to-day TO
s. 10 per cart Or Twenty-Five bushels. There
is no Pennsylvania coal 10 be had at any
price, and ali That II now IN nso has 70 be
brought from kentucky mines on tho Louis
willie and Nashville Railway Tho revival Of
trade and manufacturing interests. especial
III the rolling Mills increased the demand for
coal 10 such an extent that the Louisville and
Nashville road cannot meet the additional
call for rolling stock, and has put up the
for coal from - to ga per car
load. The poor people complain bitterly that
now "a cold weather has come. they are thus
goughed to swell the earnings st great rail
road Yesterday prayers were offered In
many churches for rain, In the hope Of rise
Ill the Ohio. which ~ little better than dry.
There is plenty of coal nj Pittshurg, ready to
III iioated down. but no signs Of high water.
which old river men predict is yet many
weeks Off.
The PROVISION MAKKEr.-(C Chicago Com
mercal Bulletin, October Is. The interest III
the provision market appears to increase MS
the winter packing season approaches, ana
another active weeks business must he re-
corded nsneeinllX on speculative account.