The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-30
COMMERCIAL MATTERS, Etc.

COMMERCIAL MATTERS, Etc.
Notwithstanding the talk about the great
number of men that can't find work in Bos.
ton, only fifteen applications have been re-.
ceived since the recent vote of the CITY gov
eminent to give employment to all applicants
at 81 per day.
The Milwaukee Iron Works annually con.
sumo $4,000 tons bituminous coal, 1900 tons
anthracite coal, $4,000 tons coke, $4,000 tons
Iron Ridge and similar ore, 1850 tons Lake
superior ore. 1000 tons limestone and they
tons rails, $1,000 tons merchant iron, 9oO0
tons fish plates and 2400 tons of car links and
pins.
Explanatory.
Inc following, from correspondent, ap-
peared IN this mornings Times:
"fiour-A lot Of 1900 barrels is reported
SOLO Tor Cuba on private terms. -Picava,ne
bulletin, etc.. 28h.
"Flour-Qaiet and unchanged, the de-
mand being light, and confined SO far as re-
ported, to the local trade Times, 18Th.
Lard lot of $50 tierces sold
TOT Cuba on private terms.-Picayune, Ba
letin, etc, 26th.
"Lard-Quiet, easy and unchanged, and
Tunes, 28h"
The -four sale was actually made in q
single lot, on the Oath, but the 25th and 26,h
being holidays, was not reported until the
Nth. We find no report of it in the Times.
The lard was reported to us bv the broker,
Mr.. Conway Boyle, on the 27th, without
qualification; but We are now informed that
only 5O tlerces were on hand at the time and
the rest was to arrive.
The trade are SO we'll satisfied with the full
ness and accuracy of our reports, that it is,
perhaps, unnecessary tor us to add that we
spare no efforts to obtain correct information
and publish nothing for which we have not
good authority.
Liverpool Cotton Market.
From Messrs. Watts & Co. g weekly cotton
report, dated Liverpool, December TO- we ex-
tract the following:
The Position etc.-The statistical position of
our market is now attracting rather more at
tention than it has for some time past. The
stock here-including the error of SO,
bales in the figures OF last year, discovered at
the close of December-is now 1874 720 bales
less than one year ago, and there are 81, 600
bales less ahoat for this port from America
and India. If we further include 81, 800 bal
decreased supply in and afoat from London,
we have total deficit in and afioat for Great
Britain of 244,O20 bales now, as compared
with this time last year.
Sixty eight estimates of the American crop
of 1856 have been collected here this week
from merchants and brokers. These esti-
mates range from 3, us, 900 to T. 4S3, 900 bales,
the average being 4106, us, which is rather
less, 30 far as we can learn, than the average
of estimates in New York and New Orleans
some two or three weeks ago. Our impression
is the trade on this side, as general rule, are
basing their operations, in order to be on the
safe side on estimates of about $50, 900
bales. The tendency, however, both here and
in America, seems to be towards lower esti-
mates, because of the moderate receipts at the
ports during the past fortnight. The reeaipts
from LIST September to 2Sth ultimo were 1885,
600 bales larger than during ssme period last
year q, 43O, 900, against 1877, 00O), an increase
equal to over IL per cent but during the past
two weeks there has been an actual decrease
of nearly per cent.
There no longer seems any reason to doubt
that the American crop of this season will
contain very much larger proportion of low,
dirty and sandy cotton than last season; per-
haps as much as in 1928. 1t therefore be-
comes an interesting question, what will be
the probable value of the low grades
The stock of cotton held by English spin
ners we now estimate at 78, 600 bales, against
16S. 900 last year and 1873, 900 the year before.
At Manchester this week better demand
has been experienced, and fair amount OF
business has beer done. There is, however,
to be neglected.
At Bombay for the week ending to-day the
receipts have been TO- 600 bales, against II, 600,
and the shipments to Europe 6OOO, against
IL 1000 same week last year.
Tea and Cofee-No Duty to be Levied.
WASHINGTON, Dec. at was undoubtedly
the intention of Mr. Kerr, when he appointed
the Committee Of Ways and Means, to select
a committee that would commence revenue
reform by placing duty on tea and coffee
bat it is definitely ascertained now that nc
such thing could be made law at this session,
either by vote of the House or Senate, or even
Of the Committee of Ways and Means, which
body is favorable to the thing on general prln
ciples.
nipulators around Congress to secure duty
on tea and coffee, and, failing in that to gel
it on tea alone. But the test of making the
receipts meet the expenditures of the govern
ment has been decided by determination tc
level the expenditures down to the ordinary
receipts, and to adjust the tariff on the basis
upon which it now stands, with more equita
bic provisions The Republicans, in majority
as protectionists, oppose duty on tea and
coffee, while the Democrats say they will mo-
assume the responsibility of its re-imposition
I believe that two-thirds majority of the
House, without regard to party. are against it
and while the Senate Committee favors it,
the Senate has large working majority
against it.
Next April or May, when the proposed
tariff bill comes up for discussion, these pre-
dictions will be appreciated.-M I. Bulletin
Harpers are about to lose Mast. by HAVING
accented q situation with q london publish.