The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-20

planted in America this spring the chances
are that we will have higher prices here g |
the season adv ances.
on the 25th ult, there was afloat from
America for Russia 1O7, 900 bales, against
AZ 600 at same time last year this large ex-
cess. we suppose, is nearly it not quite onset
by decreased receipts overland from CentraI
Asia this as compared with last year. we can
obtain no positive information on this point,
but such are our impressions derived from
different sources. The stocks In all the Con-
tinental ports on 18th ult. were 336, QUO bales,
a cainst 4lO, 600 at same time last year-a de-
crease of Ga, 900, and leaving out the excess
in cotton ahoat from America to Russia, ana
the total supply in and afoat for Europe from
I'll sources, was, on 25th ult,, about 1l5,OOO
bales less than the year before at same date.
The receipts at Bombay at last show signs
of falling off, and as our latest mail advlces
almost Enthusiastically indicate short crop IN
the Breach and Oomrawuttee districts, We
are inclined to look tor quite rapid falling
off in receipts for the next three months.
perhaps to the extent of 10000 to 15 600
bales per week, as compared with same period
last year Furthermore, there are said to be
some considerable orders in this market from
Bombay for Breach and Oomrawuttee cotton
to cover short contracts.
At Alexandria the receipts for the week
ending yesterday amounted to only 6OOO
canta,s, against 49, QUO cantars same week
last year.
The stocks of cotton held by English spin
ners we now estimate at 206, 900 bales, against
2l2, 900 last year and l94. 600 the year before
ut the same date.
Activity in Chicago Provisions Market.
The Commercial Bulletin, Of Chicago, gives
the following figures representing the enor-
nous speculative and other dealings IN nog
products in that market for one week during
the height of the excitement:
Sales of pork were Seller April, 2S, $50
bbls: Nav. 81. $50; june 100, $50; July, 49,
$50; August, 1000; total 25l, GOO; cash sales,
4424 bbls. The proportion of cash transac-
tions was only about II u cent. In lard.
sales were-Seller April, l8 500 ties; May, q \
700; June. 81 500; July, 1850; August, 2OOO;
total, LOG. $50 ties. Cash sales, 1900 ties, or
less than Ii - cent of the whole. In meats,
the operations embraced 10000 lbs hams.
/, 800, 900 lbs shoulders, 1850, 900 lbs short rlb
sides, 485, 600 lbs long clear sides, l.22o wy
lbs short clear sides; total, 11,OOO,O0O lbs,
nearly all Of which were legitimate sales tor
cash.
The Bulletin remarks:
The aggregate value of this product reaches
the enormous sum of So, 1901 OO. and ex-
ceeding daily average OF S2,o0o,ooO. Ac.
cording to this representation, the stocks OF
mess pork and lard changed hands more than
twice during the week, and the trading IN
mess pork aggregates more than oae-half the
entire trading of the packing season OF 1869
70, while the trading in lard exceeds that OF
the packing season OF 1S69-70.
manufacturing Prospe, ity Of Chicago.
Not only is Chicago one OF the most pros
porous and rapidly growing centers OF the
country commercially, but is fast becoming
great manufacturing center also The staIis-
tics of 1856 showed the total value OF manu-
featuring capital to be 81, 759, 4OO, turning out
Sl5. 515. 063 worth OF work, and employing
| TO- 73 hands in the various departments.
Since that date, says the Tribune, these in
terests have increased in almost uniform COM
pound ratio, vastly greater tnan those OF tne
other great manufacturing centres, New York.
PHILADELPHIA and Pittsburg. until at present
more than one-half the total population OF
the ci.y subsist or are engaged either as pre-
prietors or laborers in carrying on the nam
moth establishments in our vicinity. The
figures for 1874 show as follows:
| Capital, S94 1913. AS; products. S222, VA,
GAG: employees, 74,652-numbers which de-
monstrate even to the most cautious econO-
mist that the year 1900 will see Chicago the
greatest manufacturing centre on earth
The Bank of France.
The Pail Mall Gazette mentions that the
Bank Of France has just published state,
ment Of its operations during the last hnancia
wear, together with the remarks OF the cen
sors One first of all perceives that the banA
has almost entirely recovered from the enects
of the war and the disturbance caused oy tht
oioantic loans rendered necessary for the
liberation Of the territory. The forced cur
rency only exists in name, great many notel
have been withdrawn from circulation, tn
rate Of discount has fallen, and there is al
enormous increase in the amount OF tn
IN 1871 the bank only did business to tn
extent of IL, Zoo, OOO, 600 francs in 1877, Z
rs. 673 600 600 francs in 1873, to 16, 7l5, OOO
900 /: II 1874. to IA, 27O, 600, 900 francs. Ih'
reduction last year was owing to the TACT
the operations connected with the loans raisee
to pay off the war indemnity having been 81
most terminated. The bank has had 70 lent
less to the State less to the city OF Parls
bnt. at the same time, there has been dim
inution of commercial activity. According =
M. LEROY Beaulieu, of tho Debats the chapte
of the banks operations which exercises tn
: greatest fascination aud most dazzles tn
!, reader. is that which relates to the metallic
reserve of the bullion in the cellars OF tn
, bank. One feels transported to the Arabian
Nights, so rapid and SO uninterrupted ha
+ been the flow Of gold and silver into the COT
, fers Of the establishment.
In December, 1871, the reserve was bu
634, oOO, 900 francs; in the same month Q
; 1872 it was 793, 100000 francs; in 1873 tn
maximum amount was $4,000, 900 francs
in December, 1874, it was ], 33l, OOo, 0o
francs, and on the 25th OF March. OF thu
wear I sos. O(O. 600 francs The writer il
! the Debats is astonished at SO vast treas
; ure, nor can he account for this wonderful &C
emulation Of wealth; the fact Of French e.
, ports exceeding imports will not explain tn
. inundation. and NJ. Leroy Beaulieu think
) that France must have sold to foreigners
. good deel of movable property, which leave
no trace in the custom-house returns. II
I wonders why the censors should be silen
. upon this question, which certainly interest
, the public.
Ncol a,,pnar for bof yraafher-Shad dimes.