The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-07

OF June. et 4 H re 20 NJ
4 The farmers in the vicinity of New York
city who send their milk 10 that market, are
receiving only two and half cents per quart
this season.
The United States debt statement for June
shows reduction of the debt for the month
of 81. 43l 249 S. and decrease since June
30, 1874, of S14, 399, 314 81.
Italy has had visitation of locusts, which
appeared in vast numbers in the vicinity OF
Verona. The peasants destroyed great num-
bers,, and fiocks Of birds proved terrible
enemy to them. s-t 'S.-4-A-As~ I'M
Sulphur and chloroform are recommended
for distinguishing fires in ships holds ana :.
other inaccessible places. The fumes OF
burning sulphur will not support combustion,
but will penetrate to every recess, making
dense atmosphere, in which combustion can
not continue.
The success Of other commercial organiza-
tons has led to the discussion of q
national organization of tobacconists, to
embrace all classes of dealers in this staple
rs well as the growers. The subject is said to
have been already canvassed pretty thoroughly
throughout the country, and the project to
that met with general and hearty approval
from all classes and sections in interest It is
likely, therefore, that during this season such
an organization will be Effected. Its objects,
as win be inferred. are much the same AZ that
of the National Brewers Association.
New Rates of Postage.
The new postage law in regard to foreign
letters went into operation on the LIST inst.
The letter postage to all countries except
France is now five cents per half ounce. The
newly established rates on all domestic money
orders are as follows For orders not exceed
ing SIS, ten cents; over SIS and not exceed
ing $50, fifteen cents; over $50 and not ex-
ceediDg $40 twenty cents; over $40 and not
exceeding $50, twenty five cents. The fee on
registered letters has been increased from
eight to ten cents in addition to the regular
postage of three cents per half ounce.
Utilizing Silk Rags.
One of the wealthiest English velvet manu-
facturers, Mr.. Listar is said to have worked
his way to success by years Of patient labor in
search OF q way to utilize silk rags. He began
by buying up all such waste at less than a
cent pound, and up to the year 1854 he had
expended the immense sum Of 81, 800 600 in
fruitless efforts to find process. Nothing
daunted, however, he continued his expert
ments, and within the past ten years has
discovered q method of converting such refuse
into velvet Of the finest quality. He now
carries on this industry in Engiand. in an
establishment which employs some 1000
workmen, and hundreds of travellers are also
employed whose sole business it is buy silk
waste, and this they do in all parts Of the
globe. The factory Is said TO have cost nearly
S., ZOO. 600.
.f fts' Tho Peach Crop. aa IA
The peach crop in the West is said to be o
failure but not 90 at the East The Della
ware and Maryland orchards are SO loaded
with fruit that the great consuming markets
of the Eastern cities will not be able to take
them. and the peach growers are consulting
what to do with the surplus Estimates OF
the crop in those States place it at six millions
to ten millions bushels One station alone,
on the Philadelphis, Wilmington and Della
ware Railroad, expects to se nd off 600 600
baskets, requiring two engines and ffty-two
cars day tor the work. great many bas-
kets will be shipped to Boston and other New
England cities, at cost Of forty cents bas-
ket. This will leave . very small profit to
the grower but il il that or nothing Ar
rangements are being made to ship portion
Of the surplus to Pittsburg and even as far
rs Cincinnati, provided the fruit will bear the
test of SO long journey.
The Tax on Drafts and Checks.
The Commissioners of Internal Revenue
has reversed the decision of April 18th last
concerning the stamp tax upon drafts, bills,
checks or orders drawn in the United States
upon bank, banker or trust company in q
foreign country, and decides that they, al
though perhaps not vouchers while in this
country, appear to him to be clearly taxable
under the forms OF the statute. They are
drafts, checks or orders drawn upon bank,
in the law limiting to this country the locality
of the bank, ETC., upon which the paper is
drawn. Collectors are required to notify the
banks, bankers and trust companies in their
several districts Of this change of ruling, and
will require the payment Of the stamp tax on
the instruments referred to from and after
this date.
The Rice Crop. Il
We have made some inquiries with regard
to The prospects of the forthcoming rice crop,
and learn that the outlook is most favorable
from the various points tributary and contigu-
GUS to Savannah. The long drouth tended
somewhat to cause a little apprehension in the
minds of planters, but all fears on that SUBJ
iect have been dispelled, the recent rains
coming Just in the nick of time, which will
enable the harvest flow to be delayed little
on the early crop if necessary. -Saudnnah
s Trouble I'm the Tea Trade.
The arrival of large cargo of teas in New
York on the 30th ult in the unusually short
time OF thirty three days from Hong Kong to
New York, has made not little consterna.
ton in the tea trade in that city. Some OF
the leading houses in the trade declare that
New York city had an eighteen months sup
ply of tea on hand, and that this new arrival
will make it equal to nineteen months. Some
Of the recent London failures, it is well
known, were caused by losses in the China
trade, mainly in teas. One great trouble
seems to be that all the great markets of the
world have been overstocked for more than
. year. Lately great deal has been sold a.
auction in New York for English account.
This, together with. the large and hasty ship
ment to New York first mentioned, indicates
the desire of the large houses to get rid
of heavy load.
Cotton in Presses and ON Shipboasd.
Wear indebted to the Superintendent of
the Exchange for q copy of the official state
ment of the stock of cotton in presses and on
shipboard in the port Of New Orleans, July
LIST, 1875, which we condense as follows:
In the twenty-five presses in the city, &C