The New Orleans daily Democrat. [volume] (New Orleans, La.) 1877-1880, 1879-10-23

mission II. Fl, Gibbs, ex governor OF the Bank
Of England. was prominent member. and u
pronounced opponent Of himataliEm Recent
~. however. Gibbs has not only recanted. but Ia
appearing In the public prints rs an out-nnd-
out advocate Vt tho most advanced bimetalism.
| Notwithstanding his position In practical
| flnanca, he admits that he knew nothing Of tho
philosophy 81 this the leading monetary prInoi
ple OF the day. This country Is full Of like OK
anpaa of Theoretical ignorance among bank
ora. who are however. willing to otflciata b.
| fore the public as financial oraeles.
| GRAIN MOVEMENTS. comparative state
| ment of The export of flour wheat and corn
| from the ports Of New York. Baltimore. Phila-
| delnhiR and Boston. presents some Interesting
| figures. The total exports from tho four ports
from January To October II this year show ~
increase OF .522 barrels Of -four. az. OOt blA
bushels of wheat and a.laGsi7 bushels of corn
81 the Increased exports Of -four. New York
gained 100 o7e and Boston 2pp BIZ barrels; Bal
timore and Philadelphia losing l92 GIL and
1861 barrels respectively. or the exports Of
wheat. Baltimore makes the greatest gntn OF
any Of the porte, 1l.o24.ais bushels. or 10 per
cent: Philadelphia the nnSt. H.a7G22 bushels, or
lao per cent: New York. T.4CGs19 bushels, or II
per cent; and Boston. Gao, 4ea bushels, or "a per
cont. or corn exports. Now York shows Il gain
of .a2o. a4s bushels: Baltimore 2.53s s2b buahels,
and Boston 400 S2G: Philadelphia losing b747,-
NV bushels. Reducing -four To bushels. New
York In 1879 exported 10 a5e ls6 bushels Of wheat
and corn. against ~ .212, 400 from tho other ports:
this yoRr New York has exported %. pn2 500 bush
e's, against s5T44,eal bushels from the other
ports. New York gains s,44a,6l7 bushels. or "a
per cont: tho other ports gain IL .s25 bushels.
or ~ per cent. Tho most notable feature OF tho
comparison however Ii tho diversion az tho
wheat exports from New York to Baltimore and
Philadelphia.
PAPER WHEELs.-Few VI the travellers Ii
sleeping cars are awnre TINT tho wheels which
benr them across rapid rivers and lofty trestle-
works arc 81 paper. The question whether
paper wheels are superior to iron wheels was
tried ~ some length In the United States Circuit
Court ut Philadelphia on Thursday. George
w. Holloway aud wife sued the Pullman Palace
Gar Company for the loss Of their son, whose
death wac caused by an Academic Pullman ear
attached to tho Niagara express train on tho
night Of Nov. 1. 1876. Ono Of the WIN oils under
the forward truck or the palace car Woodbine
hroke. aud the result was that several persona
were killed and many wounded. Tho plaintiffs
contended that paper wheels were UNIT for
use, and TINT the uae Of such wheels was gross
negligence On the part Of this Pullman Palace
Gar Company. number Of witnesses took the |
same ground and testified that only wheels
solily cast were safe. On the other hand. tia
defense claimed that tho paper wheels were
mare durable than tho best iron. AMI were
practically indastructibe. The plalntifTs were
on the ground that their Testimony |
ftd not Hfruw my ffHbtftty whatever Oh tho part /
Ok the I'allmnn corporation.
'Trs FUNNY How THEY 10 Ir-An amusing
Illustration OF the miahaps that comes III tho
In their efforts to make the stock
market 70 order Il TO be found In an Incident
that occurred on the New York board Inst
The money market being feyerish
md inclined to weakness. Western Union was
duh and neglected. with hardly a brokerAn the
circle set apart for Its dealings. Suddenly
Bamea Moore appear on the scene md In
1uire the price Of Western Union. ''Last sale
~ said scRlping broker. "Ono thousand
shares ut p7As." said Moore. Take It," quickly
replied Hutchings. Another thousand" said
Moore. Take It" said Hutchtngs: and 80 on
All 5000 shares had been offered and taken. Got
my more2' said Hutchings. rs he recorded his
last purchase. No more" said Moore. ma be
his Inst thousand with Hutchings,
Then will give 2. for 5ooo." said Hutchings,
fnd almost before Moore had got out of thecrowd
Western Union had advanced per cent To psh,
making profit on the Hutchings- Moore trans
action 81 $4,000 10 less than ton minutes.
TEA Commissioners Le Due OF the
United States Agricultural Bureau. has been
The subject Of much deserved and possibly
some undeseryed ridioule, for the enthusiastic
Interest which he has shown in regard to tho
American cultivation Of tho Chinese tea plant.
Tho following from the Baltimore Sun of II
late date. gives the old gentleman good lift tn
favor OF his peculiar hobby:
ful-grown tea tree. five feet high and four
feet across from the ten plantation Of Mrs
Forster. Georgetown. y. OF, has been received
Ia Baltimore by Martin Glllet Il Co., who are
strong advocates for tea culture In America
The tree L. In most luxurmnt foliage. and Il
covered with moro than thousand flower buds
which Will blossom In a few days. This spec-
men oilora convincing proof Of the successful
growth ~ tho plant IN this country. Tho soil
IN which the tree Ia kept. tho same III which II
with TINT Of the ea-growing regions of Cbra
md japan The tree, like others On tho planta-
tion OF Mrs. Forster. Inns been allowed to grow
Too rank. from want OF proper knowledge ia tea
culture. None Of the leaves now on tho tree are
III for ten making. but noxt spring II viii bo
covered with tender young foliage which will
DO good.
CHICAGO TRADE.-The following we're the re-
,eipts and shipments of provisions at and from
IA far tb.,x |