The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-09-08

| fields are now yielding little over seven
barrels of rough rice TO the acre.
| For six miles, on both sides of the river, in
the Jesuits' Bend district, where month
ago the CROP was extremely fine in appear
ance, they are only obtaining about one
halfa crop from the fields. In Pointe-la-
] Hache and Jesuits' Bend steam pumps were
/ put up at the river to flood the fields during
| the drouth, but their operations were I'M
| successful. as the thirsty ground seems TO
soak up the water as fast "a it could be sup
Piled and thus only very limited portion
ofthe fields was benefited. Along the En-
lish Turn, on both sides of the river, the
| planters who have commenced thresh-
| ing give like reports to those of
other localities mentioned. In the La
| fourche rice region, from all that can be
| learn cd, like results have been obtained by
the planters since the work of harvesting
commenced. The fields were covered in that
section also with a luxuriant growth OF
! stalks before the droutb, but owing to the
drouth grain did not develop, and very
short crop is foreordsined fact. Above the
| city. reports received are not so plentiful nor
so definite, but from what information can
be gained il is evident that the crop has fall
| len far below the smallest estimates
made bv the least sanguine planters. n
great deal of rlce is even lost in the culture by
the sun having dried the stalks to such a
brittle state that the reaping hooks or sickles
shake the grain loose. The localities so far
III.
| ducing districts of the State; and from these
comes more than iour-fifths of the Louisi-
| ana rice that reaches the wharves and ware
| houses of this city. Thus instead of-as
was predicted by all planters, farmers and
others interested in rlce-a yield oil l2o,OOO
barrels of clean rice, S0,00O-it is now esti-
mated at the farthest - Will cover the
amount of the rice crop that will be pro-
| duced in Louisiana in 1874.
LUMBER.
| In an article on the present depression of
the trade, the Northwestern Lumberman
has the following:
Seven months of the year have passed and
the books stand as follows:
Receipts from Jan. TO Sept. l.
iS.i w
900
showing a difference of only 81, 134. $50 feet.
The proportion of decrease must be much
more rapid the balance OF the season to
reach 200, 0oO, 600. According to the exhibit
of receipts and shipments, we have now in
Chicago Sll,67l,S SS feet of lumber of this
seasons saving. The stock on hand Jan /
was 327 ST. ,742 feet. which added to the
above, makes 639, 5i9,6l0 feet. Deducting
from this 275OO0,0 900 feet as the probable
city consumption, we have 364 .549,6 l0
now piled in this city as compared with
1875, the city consumption this year to
date is about 75,000000 less. Regard
ing the amount now on hand as compared
with 1873. the figures would be as follows,
upon the same line of reasoning. The re-
ceipts from January to September |, 1873
were az, $4,000, and the shipments during
the same time were SO, l42 600. The stock
ON hand January was 32l ,943, 232, making
6Si, 364, DO feet. from which we deduct as
possible city consumption 30, 900, 900, which |
would leave on hand, September /, 1873,
334, 3i6, 2}2 feet. This shows that we have
now on hand 3o,2O3, 37S feet more than st
this time last year. The estimates of city
ara largely guess work, but are
from pretty well-posted guessers, and will
serve as tair spproximates.
From present indications we are inclined |
to the opinion that there will be but little |
decrease in the log crop of next winter as
compared with last. One reason in favor of
such 4 suppOsitiOn is that so large a guam |
tity OF standing timber, in Michigan partic
ularly, has been damaged by fire the present |
season, that many will feel compelled to |
lumber more largely than under other cir
Another and more prominent /
reason is that already the talk of a short |
crop is being sounded. Arguments are
being offered in support OF a theory that
the Iumbermen cannot operate so extern |
sively as usual next winter. When this |
it is safe to make calculations |
upon full quota of logs and lumber.
WOOL MARKET.
Walter Brown q Son, of New York, thus |
sketch the course of the market during the /
week: Medium fleece have sold quite freely, |
as being suitable for the grade of goods
now most in demand, and in these woods the
OF stock has been very considera-
bic, at full quotations. Combing and de-
Iaine woods also continue to be easily picked
up, and the present supply is very limited,
with prices firm.
In the production of most fine, heavy
WOolens manufacturers have learned from
the experience of late years that economy lies
in the use of the better grades of California
and Texas woods, and we note considera-
BILE movement in these descriptions. As
fine fieeces have been neg
ected, and will probably remain quiet until
the mills begin to make fine spring cloths,
for which they are particularly adapted. In
some instances throughout the trade we no.
tice slight tendency toward concession in
prices on the last mentioned grades, owing
to the accumulation of this grade in excess
of other qualities. Most dealers, however,
are convinced that all the available supplies
Of fine woods will be required befor the close
Of the season, and pursuing this theory they
are firm holders in spite of the small sales.
Fine foreign woods, which have figured
Iuite extensively in the transactions Of the
past few months, are now in comparatively
small supply, and it would seem impossible
20 replenish the stock from English markets,
where prices are quoted relatively higher
han here; hence the inference is drawn that
hose manufacturers who have been using
he above mentioned woods will be obliged
10 resort to domestic fieeces as the season
advances.
REVIEW OF THE HOME MARKETS
REVIEW OF THE INDIANAPoLIs
WHOLESALE MARKETS.
MONDAY EVENING, September