The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-01-28

EW ORLEANS BULLETIN,
of trade seems to be generally expected. Thu
present position of spinners seems to be ia
vorable to the expansion of tie trade of Ian
cashire to its utmost limits. The relative
values of cotton and yarn and cloth have moi
varied much, taking the average of the year
but recently the decline in the raw material
has been more marked than in the manufac-
tured article.
for some monts past been running more largely
on the better classes Of goods and yarns,
which seems to indicate continued relative
increase IN the consumption of American
| cotton. Moreover, American, and particu-
larly the higher grades of uplands is, We
believe, relatively cheaper at present than
any other class Of cotton. Many suppose
that owing to the very large production of
goods during the past two years, the markets
| of the world must be heavily stocked
We are, however, not inclined to attach
much importance to this view of the case as
affecting the demand for the coming year
The markets OF India are doubtless freely
stocked, but those of China and the minor
markets Of the world we suppose to be only
moderately supplied. Moreover at the present
low scale OF prices the general tendency will
oe to accumulate stocks in the hands OF deal
ers rather than to let them run down.
Money! Bank of England rate of dis
count has averaged during the year g. 20 per
cent, the highest rate being 6 per cent and
the lowest %. The Bank of France now
holds about e53,000,000 in coin, about Co.,
100000 more than at this time last year, and
SO long as it remains suspended, gold prom
ises to be scarce, and in view of the uncertain
rar ,ay,t,
poses and of the probable increased demand
on the part of the commercial and trading
community, it may be that money during the
coming year will be rather dearer than last
year, unless the Bank Of France should in the
meantl ne resume specie payments
fore,ye Exports Of Provisions. Following
are the exports of provisions from the At
lantic ports in the week ending January %,
compared with the corresponding week last
year:
PORK, barrels. .............. 3,12S 5,499
Bacon, pounds. ...........S,t3 3, 13l 1914 1866
Lard, pounds, .9,9i0.455 2,069,423
The Tariff BM.-The conference tariff bill,
which will probably become law this week,
proposes numerous petty modi tications of
existing laws, but the amount of additional
revenue which it will secure to the Treasury
will probably be insignificant, compared with
the tax which it will impose upon consumers
of home manufactures. One of the practical
features OF the bill is the provision designed
to prevent evasion of the present check-stamp
tax. The license tax on liquor dealers is I'M
changed. We append certain leading sections:
That every person, firm, OR association
other than national bank associations. and |
every corporation, State bank or State bank
ing association, shall pay tax CT ten per
cent on the amount of their own notes used |
for circulation and paid out by them.
Sec. 20. That every such person, firm. as
corporation, State bank, or State |
banking association, and also every national
banking association, shall pay a like tax Of
ten per cent On the amount of notes of any
person, firm, association other than national
banking association, or OF any corporation,
State bank, or State banking association, or
Of any town, city, or municipal corporation,
used for circulation and paid out by them.
Sec. Is. That the words "bank check.
draft, order for the payment Of any sum of
of money Whatever, drawn upon any bank,
banker or trust company, at light or ON de-
nand, two cents, in schedule of the act OF
june 30, 1861, Tee and the same is hereby
stricken ont, and the following paragraph in.
'erted in lieu thereof: ''Dank check draft,
rider or voucher for the payment of any sum
# money whatsoever, drawn upon any bank,
banker or trust company, two cents. ,
Section fixes the following duties and
ates Of duties, viz: On hops, eight cents
Ter poand; on chromate and bichromate of
'otassa, four cents per pound; on maccaroni
nd vermicelli, and on all similar prepare ,
ions, two cents per pound; on nitro-benzole
r oil OF mlrbane, ten cents per pound; on
in in plates or Sheets and on terne or tag
ers' tin, lilo cents per pound; on ancho-
les or sardines packed in oil or otherwise, in
in boxes, fifteen cents per whole box.
Section l fixes the duty on all goods, wares
nd merchandise not otherwise herein pro- n
ided for made of silk, or of which silk is n
ne component material Of chief value ire a
pective of the classification thereof for duty q
y or under previous laws, or OF their COM
lercial designation, sixty per centum ad val
rem; provided this act shall not apply to
oods, wares or merchandise which have as a
omponent material thereof 25 per centum or
yer in value of cotton, flax, wool or worsted
Sec. Is. That wholesale liquor dealers shall 4
~ license tax of 500 each. Retail liquor
callers S25 each. Retailers Of malt liquors
20 EACH Wholesale dealers in malt liquors
30 each brewers being exempt from this
st tax.
A BRAkEMAN'S BRAVERY. I