The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-10-24

l.,
HARRISON WATTS,
Committee on G. Op.
Official
SAML. H. BUCK,
Secretary National Cotton Exchange of America
At Q sale in Wilkinson county, Ga, last week
corn in the crib brought ff y-five cents per bush
ell, fodder forty cents per hundred, and hogs oI
the hoof five cents per pound, gross.
lot of land in London was recently let at
rate which would make it's selling value f775-
100, or So $4,000 an acre. This would be almost
exactly $50 square foot.
The members of the Memphis Cotton Elk.
change have offered premium OF $1,000 for the
best and finest bale Of cotton to be exhibited a,
the Philadelphla Centennial Exposition next
July.
There is a clerk in New York grocery store
or there was until he broke into one Of the city
jals-who with pen and different colored inks
can counterfeit q one dollar greenback so accu-
rately that the genuine bill seldom hesitates to
accept it as twin-brother. At least that's what
they ssy, but You needn't swallow the story il
your family physi ian thinks you had better not.
There is now building for the celebrated Krupp
steel works at Essen, in Prussia, an immense
steam hammer, capable Of beating up mass OF
steel weighing 100 IONS 1t is to cost ST. COO OCO,
and will be the largest in he world.
cided that 'if bill be accepted under belief that
the accompanying security is good, when in fact
it is worthless, this s not such mistake of fact
as will entite the drawee to recover back the
amount from the payee."
A French machiDist has discovered that by
keeping his turning tools constantly wetted with
petroleum he was able to cut metals and alloys
with them, although, when the tools were used
dulled. The hardest steel can be turned easily
il the tools be thus wet with mixture OF two
parts of petroleum with one part OF turpentine.
The Gardner machine gun, the invention OF
William Gardner, Of Hartford Ct, which is said
to be much more effective than the eating,
though Of similar construction, was tested at
Hartford last week. The gun used had only two
barrels, and weighed 80 pounds 40 shots were
fired from it in less than five seconds and AS the
number of barrels be raised to 25 the rapidity
Of firing can be proportionately increased.
The following Is . report OF late decision in
bankruptcy by New York court
In the suit Of Mclean ct al. vs. Pollock and
another, to recover s1jO5 20 for goods Sold de.
PENDANTS demurred to the comp aint on the
ground that there had been composition in
bankruptcy of plaintiffs claim in the United
States Court IN Arkansas. Plaintiffs claimed that
the composition was void for fraud. The de-
Tense replied that the court which approved the
composition alone had jurisdiction to inquire
into the matter, citing the Of the Ocean Ma
tonal Bank vs. Olcott, 46 New York, II. Judge
Van Worst sustained the demurrer.
Condition of the British Shipping Business.
Owing to the continued depression of the
freight market and the failure of several owners,
many steamers have lately been offered for sale
low prices that they have attracted the attention
of parties both at home and abroad, who had
either regular employment for them or have
taken them on speculation. A good many ships
have changed hands during the last three
months. but prices have been somewhat irregu-
lar, according to the circumstances und r
which the sales were effected. Ac
cordlng to Moller's london Circular of
Oct. l, there is still good selection of ships
left, including some Il large size, adapted for
mail and passenger service and il no improve
ment takes place in the rates OF freight during
the remainder OF the YEAR. there is every prospect
of more tonnage coming on for sale. Very few
orders are now coming in for new ships and
builders who for years have had so much work
on hand that they were unable to take contracts
are anxiousy looking out for work in order to
keep their men employed and are ready to treat
on very moderate terms.
An Incident of the German Coinnge Reform.
An event of some historical interest has lust
taken place in Germany in connection with the
coinage reforms. This is the absorption in the
Imperial of Bank of Germany of the Hamburg
Giro-Bank, the reference to whose course of
business, as we'll as that of the Bank of Amster-
dam, forms go interesting a chapter in Adam
Smiths '"Wealth of Nations" The Hamburg
"valuat on" which the bank established, has
already been abolished, Hamburg having adopted
the new Imperial marks as the standard for a
long time past, but now the bank itself becomes
b anch of the Imperial Bank of Germany.
The officers OF the old bank pass over into the
service of the Imperial Bank of Germany. The
bank. 1t is stated, was established in 1919, and
how disappears from the scene, to use the lam
tuage OF the Berlin Borsen Zeit,aig in recording
the fact, latter PSI years OF fruitful activity"
English Gold.
Yesterday morning there was received at the |
United States Assay Office in this city EDS 900 in
sovereigns, which will be sent to the mint in |
Fhlladelphia for CONVERSE into American coin. |
few days ago f25, 900 in like coin we're received
at the Assay Office making the total receipts OF
Engh,h gold this month sos 600, or about s475,- |
O00 The Assay Office officials are in the expec- |
tation OF f26, 900 more in few days
Within recent period upwards of four hun
rived here and bsen re- shipped to Canada, Some
OF e. is has been returned for conversion into /
american Gold. This last lot contained eagles"
:. double eagles" and other coin Of this country,
which has now found it's way back to the United
States. The officers at the Assay Office say that
the above comprises the largest receipts of
Epgnsh gold here since 1873, when in the
months of October Nov. hfr and Danombor of |