VALUATION AND TAXATION IN CINCINNATI. The Cincinnati Gazette of a recent date has the following statement in reference to the valuation of property and tax levy in Cincinnati and Hamilton:We give first the taxable basis or grand levy of the city, applicable as an estimate for the year 1860, for the official action of the council, and the revenue derived therefrom :-- VALUATION OF THE CITY. Value of lots with improvements in seventeen wards............. $61,428,917 26,483,458 Value of personal property in railroads, insurance companies, and other corporations, with additions by Board of Equalization... 4,049,602 The last item mentioned in the above is the special levy on each lineal foot of the frontage on the lines of water pipe, as provided for by the act of 1856. We give next the taxable basis or grand levy of the county, applicable as an estimate for the year 1860, for the official action of the three County Commissioners, and the distribution for general county expenses : DISTRIBUTION FOR GENERAL COUNTY PURPOSES. 8 mills on the dollar, on $2,000,000 taxable value, produce..... Taxable basis $115,434,790, producing....... $17,049,869 00 64,970,382 00 33,415,039 00 $115,434,790 00 25,654,165 00 87,780,625 00 $6,000 00 8,000 00 9,000 00 50,000 00 63,434 79 $136,434 79 There is an additional levy of 1.1819 of one mill for public buildings or payment of debts. TAXABLE VALUATION OF MISSISSIPPI. The Auditor's report of the State of Mississippi gives the following statement of the taxable value for 1859 Land..... acres 20,085,173 $139,887,168 | Slaves and cattle sold..... FAILURES IN LONDON IN 1858-59. The pressure of the Italian War for an idea, produced the following financial results in London : LIST OF FAILURES IN LONDON, ETC., FROM NOVEMBER 1, 1858, TO OCTOBER 31, 1859. NOVEMBER, 1958. Plowes, Son & Co., Rio Janeiro, merchants. Pickworth & Walker, Sheffield, builders. manufacturers. DECEMBER. Hicks & Gadsden, London, American merchants. M. Demetriadi, Manchester. Greek trade. Bryant & Davies, London, commis'n merchants. FEBRUARY. Lutteroth & Co., Trieste, merchants. Cresswell & Sons, Birmingham, ironmasters. A. Sevastopulo & Sons, London, Mediteranean Frommel & Co., Augsburg, bankers. JUNE. Stevens Brothers, Liverpool, East India agents and merchants. Robert Brandt & Co., London, merchants. JULY. Caluta Brothers, London, Greek trade. AUGUST. A. di Demetrio & Sons, London, Greek merch'ts. SEPTEMBER. Mazurra & Co., Havana, Spanish trade. W. H. Duncker, Hamburg, general merchant. Bodin, Lichtenstein & Co., Marseilles, merchants. J. B. Kempe, St. Petersburg, tallow trade. Kovrigni & Co., St. Petersburg, tallow trade. C C. Ingate & Son, London, Mediterranean trade. MARCII. Gutteman, Brothers & Co., Genoa, merchants. The New York News, speaking of pawnbroking establishments, says :We learn that there are fifty-eight licensed pawnbrokers in the city. There are, beside, numerous places where a similar business is done by persons under the description of loan offices. It is somewhat counter to our usual notions on this subject that, when times are flush, the pawnbrokers do the most business, turning their capital over frequently, while in hard times, when employment is difficult, the pledge remains long, or perhaps is left unredeemed. The following is the result of the business of the pawnbrokers on the eastern side of the city : On the west side it is assumed that there is about an equal amount of business, raising the number of pledges to 3.250.000, and the amount loaned to over $2.000.000 One singular fact is mentioned, that on the average not more than from 10 to 15 per cent of the pledges remained unredeemed, showing that the pawnbroker exerts an influence that is rather conducive to the comfort of the poor than to their ruin. The articles they receive form a fund to provide against an emergency somewhat like the deposit in a savings bank, and the hope of regaining them unquestionably acts as powerful stimulus to exertion. DEBT OF RUSSIA. The following shows the consolidated debt of Russia at this time: The above sum does not include the last loan of £12,000,000, contracted by Messrs. THOMSON, BONAR & Co., in 1859. BANK PROFITS. An examination of the quarterly returns of the banks of this city, shows that the profits of one are 219 per cent above par, two above forty per cent, and one above thirty-five per cent. Of the whole the following is the general result as to the fifty-five banks, on the 30th June, 1860: The average exceed eleven-and-a-half per cent, or $8,055,000 net profits against a capital of $69,758,000. JULY DIVIDENDS. We publish, says the Charleston Mercury, the following statement of July dividends payable in Charleston, which, in accordance with our well-established custom, we have obtained from reliable sources: STATISTICS OF TRADE AND COMMERCE. WOOL TRADE. The following from Messrs. BOND & Co.'s wool circular, of Boston, shows the imports of wool into Boston for the first half of the years CLASSIFIED TABLE OF WOOLS IMPORTED INTO BOSTON FOR THE THREE YEARS PRECEDING AND THE THREE YEARS SUCCEEDING THE TARIFF OF 1857. Total. 21,580,000 4,677,000 2,804,000 Total. 23,295,000 9,409,000 13,963,000 VALUE OF OHIO FLEECE WOOL IN OCTOBER OF EACH YEAR FROM 1840 To 1859. For 1857 we give the price in August, there having been no sales in October. This shows a falling off this year from last of about 3,000,000 lbs. First, in common clothing wools from France and England, these having advanced in Europe while they have barely held their own here. Secondly in coarse carpet wools from Buenos Ayres, Chili, and Turkey. On the other hand, the importation of fine wools from the Cape of Good Hope bas increased over fifty per cent. Another table shows the actual prices obtained in this market for Ohio fleece wools for 20 years. By this it appears that in October, 1859, fine wools sold for 13c. per lb. more than the average price of the whole 20 years, and that the average price for the three years since July, 1857, during which wool costing 20c. and under has been admitted free, was 6c. per pound above the average of the three preceding years and 12c. above the average of the eleven years of the tariff of 1846. The proportionate value of medium wool does not vary mate rially from this. The third table shows that during the three years of free wool under 20c. the importation of common clothing wool has been 100 per cent, and of fine 400 per cent. larger than in the three years immediately preceding, while the increase in the importation of carpet wools has hardly been enough to notice. The second table shows an increase in the value of common wools. This we think is in a great measure owing to the fact that in consequence of large accumulations of this grade in France and England, made prior to 1857, and which is but just now reduced, European manufacturers have been able to supply our markets with goods made therefrom on better terms than the manufacturers of this country, as will be seen by the following extract from the export returns of the British government for the past three years :— EXPORTS TO THE UNITED STATES. 1857. 258,356 1858. 129,873 1859. 140,714 Cloths of all kinds, duffies and kerseymeres. . pcs. Mixed stuffs, flannels, blankets, and carpets..yds. 33,613,358 38,442,180 55,607,019 The first class of goods are mostly made of fine wool, and the second of low clothing and carpet wools. Now, allowing that it requires but one pound of raw wool, in average marketable condition, to make each yard of these goods, it appears that during the three years, we have imported from Great Britain alone 127,693,587 lbs. of wool in manufactured goods, while the entire importation of raw wool for the same time into Boston, of common clothing and carpet grades, has been 32,700,000 lbs., and into the United States probably not exceeding 60,000,000 lbs. The advance before noticed in these wools in Europe already begins to manifest itself in a decline in this class of goods from Great Britain to this country, while the same returns show a slight increase in exports of fine woolens hither during the current year. The severity of the past winter in England was fatal to a large portion of the flock in some sections, creating a scarcity of low combing wools, and creating a demand for the clip of Canada, which heretofore has been mostly consumed in this country. SUGAR AND COFFEE IN HAYTI. In 1776 the unrefined sugar of St. Domingo was estimated at 92,000,000 lbs., and the white sugar at 65,000,000 lbs. These two articles, without counting 18,000,000 lbs. syrup, brought in a revenue of from twenty-five to thirty million franes. This was the highest point of cultivation it reached since the importa tion of the sugar cane from Spain, in 1643. There was no change in the amount produced from '76 to '89, when it commenced declining, and continued the downward road until about 1815. In 1806, during the European blockade, a pound of white sugar was worth its weight in gold. It was then that the French chemists, stimulated by Napoleon, endeavored to find a substitute. Premiums were offered to those who should succeed in extracting sugar from native vegetables. The discovery of Mangraff, a Berlin chemist, was remembered. He it was who, in 1745, found that beet root contained sugar similar to that of the cane, and in as great proportion. The project was revived, and the manufacture of beet root sugar established, which has since regularly progressed. Under the first empire the amount produced reached very nearly 17.000,000 kilogrammes, and to-day it exceeds the enormous figure of 130,000,000 kilogrammes. |