The New Orleans daily Democrat. [volume], September 01, 1877, Image 1

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

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E NEW ORLEANS DAILY DEMOCRAT.
OFFICIAL JOURNAL OF THE STATE OF LOUISIANA AND OF THE CITY OF NEW ORLEAfS.l
VOL. II--NO. 244. NEW ORILEANS, SATURDAY, SEP'TEMBER I, 18[77-TRII'LE SIIEET AND SUI'I'LEMENT. PRICE, FIVE CENTS.
· - -- .m nu -nl n -°I 1 ll m I m aeI~ l m i - ". - I.l a inn.nmlann ei mlnn
DIRECTOIRY FORl READEIti
P tnA(iE -TelegreDthio DblsatCheat N-w
Ori.na Palflo Railroad: Anndal : ommer
ela .tintetept : Arlvertlsements.
OND StAalt--Annu- CamerriRl State
H a'" 'AOE- Eltorlah The Sugar Intorr't.e
, tt ailn ; Advertheetn t a.
O tPAG I-Rdi.rital: lie Itll OCrop or
1;7 neser Noth'e; Advertisements.
I AGE-An ual to ,jner'ial Statetnflnt.
x'llP 1'Al Eid torial PIado of New Or
lewuan With .ianish Amerlca; Judge BII
Ige; Advortisee ents.
a Avvc V A vý}I- ' prti~etents.
P( H I'AG A -Mfunhlipll Matter;; City Or
llancese BUiinoes Notilese: Advertise
l ACti - lrlail Advert s Pmet.
uL~er11811 e t The Iame Layal Adyer
A'- Statemeat t
A - Vuetr.ii oume Matters I
t In pr Pk iW News .dvertteint lhtu.
-1 E, r -- ap toh "f New Orlsans talt
1I, ro.ad: Advporlisemonts.
0
FACTORS AND TRADERM'
INSURANCE COMPANY,
.$.t . .... ...Carodelet Street ............ 87
Pald up Capital, *1,000,000.
Assets April 80, 1877, $1,0.82,908 66.
-AT
LOWEST TARIFF RATES.
ED. A. PA IFREY. Presldent.
.I NO. CH AFFE. Vico Presdoit.
THOS. F. WALKF':. Merrturv.
Shin I. Noble. T. Lytt, Lyon.
John Ohatff, 14amuil H. Boyd,
libchnrd Milliken. Joseph MoElroy,
J. 1. Warren. Wn. J. Behan.
It. T. Elinkner, 13. F. Eachleman.
Nam 'I Friedlander, Wm. C. B!]ack,
A. A. Yates, ('ha. Chiffe,
John 1. Adams. L. C. Jurey,
I sase B,.herck. Wi. Hartwell,
t. M. Walmelry, C. J. Leeds,
A. 14. May, A. T. Janin,
h H. ,14nowdott, Joe. B)owling,
A. M. Blhkham. ol,
DR. F. WILROFT,
i1. wt. .Charles Street,
Hue returned to the city and resumed his
I rs t ie.. e IflT
W'AUKENHA MINERAl NIPING WATER.
For . al at N l l .t. (Lyha rles.ret. L ydor Mn.o nih,
Manll. l 21 C- d l stre et, Touro Builhitng.
oh. ni I. A . C r
Dl.F WLOT
$01 mt- :m icdiii d lr
BROOK STEAM RICE MILL.
C. 11. ALLEN.
This is the
MONT EXTENSIVE MIII,
In tiet Soulth, and] lthe uality of our RICE
UNSURPASSED.
MILlING RIATES: No. 1. 1?4 f. It; No. 2
ie i lb.
SACKS FURNISHED
On orders to LOCK BOX 976, New Orleans.
Eight SACKS of BRAN returned to the planter
for every ouo hundred barrels RICE received.
gtSI, 91 and 98 Tehouplteulas Street,
81el NEW ORLEANS.
ROYAL CANADIAN INSURANCE CO.
OF MONTREAL,
DOUGLAS WEST, Manager,
-'epartment of Gulf States,
155 oRAVIBER STREET,
NEW OBLEANS. au31 1m
--'*rE--
ACME OYSTER.
HURRAHt HURRAb! HURRAH I
No excuse now for not eating OYSTEIIU,
when you can gat the world-renowun'd
ACHE OYSTERS
-AT TIE
AOME OYSTER BAY,
NO@. 9 AND t1 ROYAL MTRNRET,
At Twenty Conts per dozen.
The Acme Bar is supplled with flannis'
AOME WHISKIES, flnest of BRANDIES and
WHITB WINE.
HOT LUNCH from to to 1. elt it
ALEXANDEIt HAY, WILLIAM MEHLE.
HAY A XMHELE,
COMMISSION MERCHANTS,
For the purchMae, male, forwardlinr atd RhiV
imfent of
Hlides, Wool and Leather,
Beeswax, Tallow,
And all Tanning Mlaterlals,
a8, 40, 42 and 44 COMIMERIC ITRIEET,
omece 11I and 114 Mouth Peters street,
FORMERLY NEW LEVEE SBTEET,
NEW ORLEANS.
W. H. BEANHAM,
Snie'hor ,t IsEHAN. THOr1N & C(..
Wholesale DenIe'r in
Hlghwines, Alcohol, Splrlit antd Whlaky,
14 PeterM and 14 Treloupitoania st.
M. HCIIWABA('HEII..T. M. FRIOWENVElD. M. PFEIFEI.
Schwabacher, Frowenfeld & Pfeifer,
E ENE AL
COMMISSION MERCHIANTS
FOil T'IIE , ALE
PORK,
BACON,
LARD,
HAMS.
FLOUR,
CORN MEAL,
GRAIN,
BUTTER AND CHEESE,
03 and 95 Poydrac alreet.
-AND
61, 69 and 71 Magazine Mtreet,
,I , NEW (LEANS.
801 it
BAGGING. IRON TIES.
250( I(,olls and half rlls Hon-vy Jtt, IIAG
fING,
AR ROW 'PIES always on hand.
Flor sai' in lot. to suit purchasers.
CRANE, MELHADO & CHISM
104 POYDR AS STREET,
Agents AMEIIA('N COTTON TIE CO.
set it ( ,imitle.)
W. G. TOOMER,
General Commission Merchant,
Offlce, 4S Carondelet street, corner Union,
New Orleans.
LUMBER. TIMBER. STAVES. NAVAL STORES
AND COUNTRY PRODUCE.
. Liberal advances made on consignments.
Purchases made in this market for account of
my friends.
Sole Agent in this eityof Robinson & MMillan
and MeMillan & Son, CELBRATED STOCKTON
CYPRESS MILLS. sel It
GINSTANDS FOR SALE.
THREE "DuBOIS" GINS FOR SALE CHEAP.
One New, 50 Saws, at $3 per Saw.
One Second-hand, 60 Saws, at $2 so per Saw.
One Second-hand. 55 Baws, at$2 s~ per Saw.
Terms--Good City acceptance, due 15th No
ember. ALLE & CAMMACK.erstt,
sel it 193 Gravier street,
IDA I Y 1E MO cAT.
Ofmcial Je'arnal d the allst of Lofdlau.
Official J.wrnal I the Cfry of New Orlerns.
Oliae. 190 Graier J ttSwt.
GOIRGIE W. DUPRE & CO..
GUORGE W. DUPIRE,
H. .J. REARMRI, IOHN AUOUBTIM,
ALfEW1t C. .ANIN.
H. J. HEARSAY ...... ......Enron.
OURt SUIPPL1EMENT.
The D..'orAer. In estlitna the attention lf Its
readers to the 8upplement iasned In thib dgy's
elliton, challenges their severest critiism.
We polit, with some pride, to the artiftie finish
of our Mat, and to the ,l'orn. s, cymmetrv nnd
taQts ff our typorlphtly.
This flnoplnmi.'llt wita rel ly.lV excrted int
our .lJob Departmrnt., lndl ix the flirt of the kind
ever suce'ssfully attempted in this city.
Th liberal encur.gement whil our frirends
and patronu have bestowe(d upon our enter
prse, and whlich is hereby gratefully acknowl
edged, will serve to spur us on in the future, in
our earnest striving at. perfectlIn nl the Print
ing Art.
THE DEMOORAT AND THE DIS
PATOHES,
We announcn to our patrons that we htve
perfected, at grent Oipense, arrangements by
which we shall be enabled, from and alter this
date, to offer them as eomplete and comprc
hensive a budget of nonws ia any nlewpaper in
thie count r.
In spite of the many eob.stacl es tplicedl in llur
way by the narrow-minded, mean and jealous
collrse of our C.amp street eontemporaries, in
refusing to allow us the privilege of the prees
dispatohes, we have succeeded, by dint of en
ergy, enterprine and large expendlituren, so
far, in treselting our readeor daily with a very
fair summary of telegraphlic news. Not willing,
however, to rest until we had perfected lth
most Somplete telegraphlc arrangelments, we
sedulously kept at work until we had attanled
this end, and henceforward, while we point
with julst pride to 1our naews oellumns. we can
afford to despise thl0 mneain but futile efforts
of those papers t hat sought to throw obstacles
in our way, and, by refusing us the same privi.
loges enjoyed by themselves, for which we had
offered to ptay'sa large bonus, to oompass the
failure of our enterprise.
THE NEW ORLEANS PAOIFIO RAIL
" ROAD.
T The subscrlptions to tIh. New OrlIans I'aif'le
Railway Company's first mnirtSnge bonds are
gradually increasing. Those who show at re
luctance to put their names dlown for those so
"erlties should hear In mind that by the time
the bonds are paid for some will have been on
graved and ready for delivery. so that subsIrib
ors can, if tlhy so desire, obtain money from
- our banks on placing t.hse bonds as co Ilateral
to with in a small margin of thel r value.
The colmtiany i1osre usI thait ithe roadvl nn ie
ioinlpltetedl and put in running order in il vyer
from now. if Ionlld,' to ll Imonrlllt olf $r7:i. ii lire
Y, taken h re oIprnoi ily, si Itile i yli elits r'e''iv
ali.h on this sunlmstription wouldi onlt, ht111he' ,imn
p.ny to i111t 2i1IO men at work. Iin only Ill con
p,'ting the gradling. hut in Ibuilding bridges and
it. pDri'llrlng ''rose ties. of'. The gro'ater i o,-tion
of tIho enltiregrinlinll, s on, . iril t I hot ulanl'o is
of light ehiara'i''r, the swamp paIts ili ng i thn
line being alrerady waiting for fthe l 'oss tiih.
We (ill partlulHuir tlentl,'!.n to the following
frt. that since ,t. Louis bullit her railroads and
S took froml New Orlans'll a tradlle which tthe hitter
hadbonefltted from aind thriven on, talthoughi
'~unillinilt'ntiol wits slow. iand ll t onlllr seasons
difl ult., the po.tpuhllnin of our sister titat,) hiis
i In t'e .ed t at .ll r 1 n0. to 1 ) , .,;x.1 i nhabitant s. or
over, and it is fifr to ams:um' that the trade of
Northern ind Northeastrn Texas has trehled
sinee that time: so il' we ailil Mt. Ilulols., wvin
with ia road of u p grades and 22( InJle's ongi'r
from Marshall thain the New Qionns I'utille
line from this eity to Marshall. ti, be atil to, lit
fre'ight rates so low anld oi'hnrwise t o holdl n ti,
?7 Iper i'nt of her Texas f ral'e., tilowing only )ay
per cent of this tradil ti seek New Orieans, we
shlltd regain the amoult of co0lm ,r'.e we' lost
five yeal'rs eigo.
It strikes is this 1s at matter worthy of the
elosestl attent.ionl of oulr bll'liloss people and anll
those who have any intoerists in this city, as her
prosperity ildepends upon our eom1imer,.i, and
the values of retll and pe'rsonial proportie's are
immediately and s-nsitively atffctod for belttAr
or worse by the increase or diminutlllionl of our
volulllme of tradce.
It is contended that. only those in n.etliv
business will receive at ben-lit from an in
creased trade, but thllis is so narrow ia view as
to be held only Iy it few. n,l we fear used. for
the most part. aIs an 'xtluse for nit lndling aid
to the uindertaking.
It Is t rue, those in busin'ss will reolive a so
e'lltlid direct advantage, bo'rausu' it is it more
apparenllt one, but dloes not the house owner re
celve a dir,,t bentfit if Mr. A. comes here and
rents a store or an offloee in which to do his busi
ness. and a house in whith to live ? And those
who are already established in busilness. owing
to more trade, employ more clerks arid pay
higher salaries to those on hand, fsome of whom
go from boarding to housekeeoping; is not thii
a direct benefit to the property holder ?
If we assume the value of uoutton, grain stock.
etc.. as estimated ill the company's prospectus, I
which, we think, is not at all colored. to be rep
resented by $1,oi0on.u.. and this amiiunt to leave
only in drayages, i'ommissions, freights. etc..
five per cent, and cotton leaves more than 1; per
bale, there would bet thus accruing $2 i0i,i.os,
distributable among our people, equal to $10o per d
heeaor annum for every man, woman and '
chi..ln New Orleans. a
"Other People's Children," sixty cents, at
Eyrich's.
"The bonds are all fulfllled" and 'none play
the laggard" in hurrying to the well known
hostelrie of the popular caterer Leon Lamothe,
whilom known as "Camor's," which, in its new
dress. is more attractive than ever. The so
dueti ve shrimp, the puissant panabot, the succu
lent oyster, and all that appeals to the craving
inner man can here be found in lavish display.
If thou wouldst banquet hie thee to this famed
resort, and be regaledwith all that fancy can
depict.
DOMESJTIC NEWN.
TRB RIPFL TBIAMI.
The Questinn eo Puttinlu sudley Oelph on
the American Team.
IAmerican Associated Presq.)
NEW YORK, Aug. i1.---f-ir Henry Hatford
and several members of the British rifle team
went to Elm Park this morning on the Invita
tion of C(i. G(ildersleeve and passed the day
In shooting at glass halls. They came back
to the city in the evening and procweled to
Garden City to lIe in trim to begin practicing
at the range in the morning.
The Manhattan Club of this city have
elected the members of the British and
(ret let City rli ; ~ y *eambers
dturig thfrbiietV-i i i thisl, _t
mhe members of the Amerlean team will
begin practice at Ureedniour in earnest next
week, and will keep at it with but few inter
vals till thJl day of the great international
match. The extraordinary skill in marks
manship displayed by iolph, of the Crescent
City Club, lise attracted so much attention
that a movement is being made to have him
as a member of the team '1h11s, however,
the executive committee of the Netional
Rifle Association says cannot be done, inas
much as all the menmbers composing the
team have earned their right to a position on
It by complying with the rules established.
They Intimate that it is possible there may
be a vacancy In the team, and in that event
the New Orleans prodigy will have an op
portunity to display his skill.
A Remonttrance.
(CINcINNATI, Aug. 81. -The employee of the
Citncinnati, Hamilton and I)ayton railroad
have presented a reronstranee against the
order lengthening the trip time of freight
hands, which is ordered to go into effect to
morrow.
Altlng DBoll,
WAShIITNOTON. Aug. 31.-Hitting Bull formed
a subject of discussion In the Cabinet meet
ing to-day. It was determined that the Sec
rotary of War and the Hecretary of the Inte
rior should have another conference with
Gen. Terry.
The President's Order to Offlee-Holders to
be Enftoreed.
WAFsRINrToN, Aug. 81.-The case of A. i.
Cornell, who holds a position upon the Htate
Republican Committee, in violation of the
Prmtldent's order, was briefly discussed by
the Cabinet. It was understood that the
President would stand by his order and make
no exception.
The Iowa ProVhitiotlentp.,
OMXALOOIA, Ivwa, Aug., l,--The Iowa Htate
Prohibition Convention nominated Hon. Elias
Jessup, of Oskaloosa, for Governor. It made
no other nominatipns, but decided to nialke a
lively canvass against Gear, the lepublican
candidate.
The French Expo.ltlon.
[Sooecal to the Demoorat.1
(ItNcINNAT'I, Aug. 81.-The (Gazrtie'r Wash
ington special says that the Administration
is evidently indisposed to take any steps look
ing to the representation of the United States
at the Paris exposition next year, except in
response to a direct order from Congress.
Thlie failure of France in respect to the French
exhibition at the Centennial Exprostion, it is
believed, was largely due to a lack of interest,
not to say opposition, of the French govern- I
icent.
Died.
iliio iir it Ilthe De'mriat.I
IAWIIENE, ltlKan , Aiug. 31.- Ex-Gov. Wil
rsonl Shanlnon died at mlidllght. t
The John Brown Monument.
I[Hwelal to the Demonrat.]
OS(AWAToMIE, Kansas, Aug. 31..- Ten thou
sand people witness-l the cerremonies attend.
ing the dedllcation of the Old John Birowr
monument in this city.
Charile Ross Found.
ISpeolal to the Democrat.l
SPHINmnIIr.n, ft.. Aug. 31. It is believed
that the long lost child, Charlie Ross, has
been found in this city in the person of a lad
under the name of Gus Severing.
- ----bO4-------
WAR NOTES.
A great Battle Imminent.
CONSTANTINOIPLE, Aug. i1.--A telegram
from Shumla announces that a column of
Sulolinan Pasha's forces advanced from Eski
J)'julma and crossed the river Lomr near Ogash
nar, driving back the Russians, who, after a
short resistanceo, retreated fr'om the river.
Nedjob Pasha has advancedl from Rasgrad
toward Torlak, repulsing the Russians and
capturing two guns.
A great battle is believed to be imminent.
The Turks are assuming the offensive along
the whole line.
The Redlf Pasha Trial.
LoNsr N, Aug. 31. Redif Pasha having re
fused to attend the military council for trial,
It has been dex:iled to bring him before the
council by force.
It is reported that Hafet Pasha has refused
to accept the Ministry of Justice.
FOREIGN NEWS.
Yakoob Khan's Death.
LONDON, Aug. :,. - A dispatch to the Times
from Calcutta says that the report of the
death of Yakoob Khan, of Kashgar, Is con
firmed. It is said that he was assassinated
by the son of a former ruler of Yarkkand.
The Gambetta Proseention.
PAR.s, Aug. 31.-- Gambetta appeared to
day before the Juge d'Instruction of the Civil
Tribunal of the department of the Heine to
answer for an offense against MacMahon
and an insult offered to the ministers in the
Lille speech. M. Gambetta replied that he
went to Lille with a fixed intention of deliver
ing a political speech, which the situation
rendered necessary, but protested strongly
that he desired to slander or insult no one.
A Communist Sentenced.
PARIs, Aug. 31.-The military tribunal has
sentenced to death Lyas, deputy mayor of
the twelfth arrondissement during the Com
muae, as guilty of lncendliarirmr and order'ing
illegal arrests.
RIVER MI WS.
I'IrrraI.ItR Aug. Ill.- -iver' I inch and sta
tlonary. Raining at, (; cckvhk.
(.IN'INNA'fr, Aug. i.. . River 4 feet s Inches
and stationary. Arrived: Cotton Valley from
(Caro, .as. D. Parker from Memphis. Clear,
warm and calm.
---------r ra--- .....
THN W1 ATIH E tEtaBlDAV.
The following is the "temperature" at the
various points named, as reported by the
Signal Service telegrams furnished by Ser
geant Brown, of the Signal Bureau, and Indi
cating the state of the temperature at the
pointe natped, ate p, m. yesterday:
(, ro 9' 4egt, O tinianati 91, (l$ve ston
91, Ke ik irs, Idroese 7, ieavsworth 94,
Louisville 91 Memphis 91, Nashville I0,
Omaha 82 PittSburg s8, 8hreveport 95 St.
Louis Cl, it. Paul 74, Vicksburg 0, Yiankton
(D. T, O, Augusta (Ga.) 97, COrsicana (Tex.)
, Mobile 92, Montaomttery , Savannah 90,
New Orleans 92e, and Key West ts.
The following were the variations of tnm
perature, according to the thermometer
(Fahrenheit) at Duhamel's store, on Canal
street, yesterday:
6 a. in., 82; 12 noon, 1it; 8 p. m., It5; p.
in., 90.
It is unilversally crnceded that rext to the
ilhi in tiohakespeare is to tre found the noblest
thoughts, the greatest wisdom and the truest.
Pleture of htnman vices and virtues. There is
scarrcely anr individusal that does not. in conver
sation daily mlke use ,fu some frntatlion or
phrase from the writings of this great. teacher
albeit in Ignorance of its origin-and so eora
prehensive and vast seems his knowledge of his
follow men that we look in vain to discover
something in his incromparaeln works that he
has neglneted t, fully dissec and analyze.
There is a worl of wisdom in the brief lines of
PIlonius to Laertes, on the norasion of his do
Darture from the parental roof, that vrlumins
'ollld not ronder more effective.
With ai countonnnce beaming with fatherly
affection he says to his sonu: "(1rstly thy hnait as
thy purse can buy;" and then adds, "Fortheap
parel oft' proclaimns the man i" How well ho
knew human nature can be attested every day
by witnessing the eager throngs that gather at
the fanrous shirt emporetm uof Moody, In searoh
of thu Idtest, noveltlcs in shirts, collars, neok
wear, gloves, hosiery and everything pertaining
to the complete outfit of gentlemen Mrabdy is I
rldeterniWiV to hIti1'aifl thre long astablished
reputation of the holse, and will, during hl,
stay in New York, make arrangements ro as to
rerivel, by every steamer arriving, the latest and
most revCelCere styles of gentlemen's furnslhing
goods. A visit to this well known establishment,
crner of Canal and Royal streets, will convince
the most skeptical.
till most skpDtical.
hload Eyrleh's clumn.
Gleonn Waukesha Springs has long been oele
brated for Its mineral waters. Gee. McUloskey
is thb sole agent for New Orleans. aes St. Charles
and 121 Canal street.
Mr. Gonsenheim, of the firm of Max Beer &
CO . who nocupy the spacious and well stocked
dry goodA establishment, 167 ('anal street. leaves
on unday for Now York to purchase fall goods.
Mr. E. H. Adams, the enterprising and cour
teous dry goods merchant. No. rs, Magazine
' reet, leaves this evening for New York. to pur
chase fall goods. Mr. Adams' st )re Is a favorte
resort for thle lrules, and knowing this fact, the
iroprietor is sure to supply his emporium of
ash ion with all the latest novelties of the season.
if any mishap should befall any of our steam
ors. the first thong to be considered in, as Tweed
said. "What are you going to do about it?"
Why go at. once to A. W. Mr ffitt& Co.. who
make n sperialty of all kinds of lumber requiredl
by stn,,'rs. Call and poe them, and "you'll
know how it is yourself."
Davis, who holds forth at the, corner of Prv
tam'in and Washington streets. supplies a vacIu
IuII, for here the up-town resident can obtain
anything he desires in the way of the "kindly
fruits of the l'earth," such as bhy, i'orn, oats and
bran, Wistorn producie, tn. .
Harrington, at 11s Canal street. has tjaken thie
lead in stationery and has m.luli a specialty of
it. He has introldueed new designs that have
met with great favor, but hfn dot not not glpet to,
kne on hand the latest novelties. and our
reeters will always find on his counters the
hflest literary productions.
The well-known andl favorite house of M. L.
Byrne & U,.., like old wine. "needs no bush."
As Importers antd dealers in foreign anddomer
tie dry goods they stand unrivaled, anl mer
'hiints from t 'o country would do well to call
and elxamine, their stoOk, or communlcate by
ietter, as all orlders are carefully attenlded to,
and when desired full lines of samnples will be
forwarded to any alddress.
Mgssas. NAI.1E & ('AMMACK, cotton factors
and 'commission merchant-, have aw:cuired a
most exalted reputation throughout the country.
They ar, men who rlchly deserve the name and
rname they enjoy. and we take pleasure in in
forming our rtieders thut they are armply able
to make 'ash advances on consignments of cot
ton and protlle gne rally. Messrs. Nalle &
a'ammack have for sale, which we mention piar
parenthese, three Dtldiois gins. cheap. See ad
rvrnt! I.4rlo nt
The instructton of our ymlth is a matter of
grave Im port, and now that, the control of our
lcal and State affair is ( onee more vested in our
-,wn . itizens. it is a pleasure as well as a duty to
give recognition to the efforts inaugurated for
the secure cstablishment of schools that no
- longer neesitate an autumnal hegetrato a more
Northern cllme. The Collegiate Institute at
,Baton Rouge is a happy Illustration, and we
recommeln nd our rea ers to the card of the
Messrs. Magruder, which will be found in an
other column.
Whether the present struggle between tussia
and Turkey may change the map of Europe and
Asia and present boundaries he obliterated,
one fact is evident, that the, downfall of China Is
an accornplished fact, for Navra, at 129 Canal
s reet. has so oedleed his rloces for crockery,
china r:nd glassware that even the most skep
tical are convinced. A simple glance at his lfst
of prices would tempt the lonely bachelor and
raged maiden to "shake hands across the bloody
chasm" and begin life anew nlnited, ratner than
lose the golden opportunity for a first-class out
fit atsuch ridiculously cheap figures.
The White Building, at the corner of Canal and
Baronne streets, is naturally an object of inter
eat to the casual wayfarer, but an inspection of
its interior is essential to a thorough compre
hension of its importance among the leading
features of what we may justly term " The Boku
levard of America." Here are stored the
choicest fabrics of Europe and America, com
prising all that can adorn "the female form
divine." or meet the wants of the thrifty house
wife. The energetic proprietors of this Popular
establishment are fully cognizant of the wants
of the public and the leading features in dress
white and woolen go.,ds, hosiery. laces, and
everything pertaining to housekeeping can
always be found on their well stocked counters.
Pepin & Broussard give particular attention to
the country trace, and offer inducements unsur
passed by any house in the South.
At Geo. McCloskey's, 83 St. Charles and 121
Canal street, can be found the famous waters of
the Glenn Waukesha Springs.
ANNUAL REVIEW
OF THE
NEW ORLJEiNSIARILT.
FINANCIAL.
(OFFI(E NEW OBLEANiH DEMOCRAT.
Heptomber 1. 107. -
In our Inst annual revlew we stated that e.*
trary to public expectation the ear IsT1-7sh"
differed in its general features but littleh
the year previous, Its chief charaetereisles l
the large amount of idle capital awgatin arse
vival of trade, the regular mnovrlem) ent
it was antiopated would Wqititr~e
that its thire velua ottt.gIlat) &
year presents somewhat ~rdanilnr
Trade, although rather more ative, bril Ot
materiallv exceeded its previous limits. T'htesr
has consequently been only a moIerat
supply of regular business paper,.R an
apart from the amount requtled for
th, movement of the crops, the banks have
foundl their business loes prouitable than might
have been fairly expected troi th e sate>t o
their resources. In faot, the ret.era of the
(clearin-Hlouso AssoolatblO have at tulra
shown some shrinkage in the movement. U>
der these ciroumstances, while the haqm hafI
readily ae epted all short busine's P l, ai
of that description has been effered otde, the
actual supply on the street onmIeting of deserlir
tlons, which, although sound, are hardly wittlth
the scope of tdgular banking i.i.s, SaI
.sper, however, has been In requt
by private capitalists acd dealre arid, wA0 s
supply of money exce@ing the doeman4l
in the open market have shows ttausalean.-d.
as¬s and regularity.
At the North we find similar features, ia
Irom the reports of aprorved finahelal a611 '4
ties, we cannot but onBelude that atmses
other elements than ehlrtkag lam bthi
underlie its monetary affairs, an thel
strlcted limits of the New Or 1e~i
really indieative of a emush sounder basie
exists in many other finanieal eentre.,
the promise of abundant orope, not only of
ton, Hugnr and ir, b.t of C irn and WhIeal thO
general eondltion of the South is auspiaI oEf
plenty and prosnerityi The cultivatioa i4 ens
principal staples ha been le.s e.pe.site tbM
planter, food has been cheaper than feE 0ist
years: WiEds pork, which in previous y -I
as high as per bbl., is now quoted .
and corn, which at one time oominan.d i 9Q
market 1 I her bahel, NfW rtale$ M N -
while in some parts of Louilasna pianters hl
raised more than they require for their hoe
consunmptis and col I hardly sell theft ft
plus at over 2~eo per bushel. W@ spt -
tn6M~ iacf to ah.W the solid substratum _01
which our aomttrue rests, and that when h.
suppiles of goods are approaching exhatsA
there will sunrely arise an ative demand ..r
solventeonsu , at lnautguating
vival In trade f Whinlh we have
so eagerly. this otprs . id Ift
be near at hand, we shall ess motr
in commerce, larger supplii. of btal.s"
issued on legitimate trade and renewed ast .
tion In our bank parlors.
In taking a general view of OOS monetary at
fairs we cann, omit noticing the general I..
provement in the financial condition of our et
government, its greater oeonomy of adalats
tration and the satisfactory working of the pre
nilum bond settlement of the bonded debt.
The organization of the New Orleans Water
works Company has been delayed, owing to the
necessity of having "(Moon of the Waterworks
bonds cancelled before the company can enter
upon its franchises. The entire amount now
outstanding is a little over seoooeo, and as there
is now offering about 40.r,oeo, it can safely be
assumed that the company will soon go Into
opetration.
The effect on the city finances of this transfer
of the Waterworks will be very marked anad
bene·flcial. The bonded debt will be reduied
strs.,0m In bonds, and the balance of the stoeb
$s,2ee,r),s, will be applied to the floating debt, .o
that the total reduction will be at least two nil
lion dollars.
The reductin of the bonded debt to the
amount above stated will redneu the total of
that class of indebtedness to $1n,tnott or leap.
and as the premium bon 1 plan is based on a
scale of ,t .oee.e.o, It follows that the city will be
enabled to incressd their drawings without any
addition to the annual revenue applied to that
object.
We are indebted to Mr. I. N.Maynard. maaa
of the New Orleans Clearing-house AasoPoifeo
for the following statement of the cleoarfa and
balances for the years ending Juneb,173-4--y:
Clearings. Balances,
1872-73 ..........l,716,239 06 $58,953,lu A
97:i74 ..... 476,275.554 99 62,751419 0
1574-75 ..... 406,59,492 otl 45,295,49~
1i7-76 ...... . 42,2,15 59s 47,97,79mls e
187-77 ....... 414,527,870 21 47,29.,875 1
GOLD
has ruled considerably lower than last ye1u,
and, notwithstanding some irregularity fri
poltitlal influence at home and abroad, yet. un
der the balance of trade in our favor, has B.own
a general decline sincr the commenceme.oto
the year, touching within the pastl month the
lowest point since the war. The course of the
market is indicated by the following whise
show the extremes monthly compared with l.t
year:
NEW ORLEANR. NEW YOfl.
I7rre-c. Lowest. Highest. Lowest. Bighelt.
rt4rtomber... 113t 117'4 114!; 1171
October...... 114,: 117 1143 117.
November ... 114" 1161. 114' 116
December ... 112! 115 112': 115
January..... 112. 113'4 112, 11853
F:ebruary.... 112'; 114'. 112' 114.
March ...... 113', 115 11334 114Y
April......... 113 114 112'i 1134
May....... 112)4 1131 112'4 118'.u
June........- 112 113 111% 112a
July ......... 111,. 112; 111, 112%
Augultt ...... 110' 112 1.9% 112
1876-7.
,.ootember... 109.1 110! Il'. 1105
October...... 1 111 10t 110
November ... 109 lll3' Ires 110
Decembe.r ... 1W07. 109" 1 e 109
January ..... 10o5 107'. 1031 107
February .... 10 104 4 0' 15.%
March ....... 104, 1061.. 104'. 10'4
Aoril......... 104t 1 104(M 101
Say....... .. 7. 10o. 17' 107'4
June......... 1(04 11, 1 1010 '
July ......... 105 15 1o5' 1056
August ...... l00. 114 11.i.
EXCHANGE.
In sympathy with the course of Gold and
bills at New York. Foreign Exchange has ruled
at wide and irregular though much lower rates
than last year while Domestic Exchange on
New York has been higher throughout the past
than for several years and for a longer period
at an unusulal part of the season.
PRICES OF COMMERCIAL fTrERLING.
1876-77. 187-76.
L,,we t. Highest. Lowest. Highest.
September 32 52 550 51E
O)C,t,,r .. 520.; 521 542 553
Novemb.r --.. 14' 330 43 5.
December . 5 . 5. -r 10 se4
January 5 :07 538 543j
February .r - 510 543'; sit
tarch ...... 501 507 49
rfll . 504' 2 5191: 543 55
-ay .........5163. 519 . 546 50'1
June .. . -57 51: 4 54 8
July ...5....47 510 543 546
August.... . 497 50106 538 4t