The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-07-25
COMMERCIAL MATTERS.


The city Of Richmond has been indicted for
allowing the refuse Of the gas works to pass into
the Jane River.
The evidence printed in the trial Of ex Urea gu
rer Niles u. Parker, now going ON at Columbia
y. u, shows pretty clearly that $500 900 IN cou-
pons We're stolen or illegally issued from the
treas ury. II remains to be seen who was the
thief.
The census of the city of Buff 10 is go far COM
Pleted as to make the population about 135, 000
The refult is unsatisfactory to the Buffalo peo-
PIE, IL being claimed by them that the actual
iacts would give at least $4,000 Or 10000 more
There was recently exh bited in st. LOUIS
mass OF native copper which is to be sent TO the
Philadelphia Centennial. 1t was taken from a
mine on the Isle Royal, Lake Superior, and
weighs 5000 pounds The specimen exhibits the
PuIe copper to the eye, and contains SO per cent
OF the metal. Il was taken from an ancient mine
and when found 1t had evidently been detached
from It's bed by ancient miners. stone hammers
were found in the vicinity, together with smaller
pieces of copper, and they had probably belonged
to race living in the West before the present
Indian races.
Britlsh Trade Returns for June.
The British Board of Trade returns for last
month show to a certain extent some of the
effects of the late mercantile failure, but, con-
the manufacturing districts OF tlsckness OF
trade, are by no means 80 unfavorable as migh
have been anticipated. It is true the value Of
both imports and exports has declined in COM
the greater part of this can be eet down as
due to lower prices current, and az the
quantities, with a few notable exceptions.
have increased, it is apparent that trade
has not been materially checked, if the figures to
the full extent can be taken to represent bona
fde transactions. In the exports Of cotton piece
goods, the decrease, amounting on the total to
i5% per cect IN the quantity. is entirely due to
the falling OH in the shipments to India. The
decline In the prics Of both coal snd pig iron is
having beneficial effect on the foreign demand
ior both these products. as in the case Of the
former the augmentation in the quantity ex-
ported is B. per cent, and in the latter so per
cent. and the increase is 10 both instances pretty
equally Distribute over all countries.
IN all descriptions Of manufactured iron ex.
cept rails, there has been a fair advance ON the
corresponding totals in the two previous years
and the demand for Russia, which fo off SO
much at this time last wear. appears to te again
revlvlng. In textile fabrics other than cotton
and silk there is no dmnutioD, while OF linen,
jute, silk, and woolen yarns there have be- in
creased exports, chiefly to Germany and Holland
and generally throug hout the counts the ship
ments to these two countries show an improve
mont.
The chief feature in the imrorts has been
heavy decline in cotton from India, and an aug
mentation OF near one million and quarter Ia
wool from Australis, and total srrivals Of this
article during June were about 40 per cent in ex-
ctss OF last year, and nearly double those of
1873. In cereals, no alteration of Importance is
observable in the qualities imported fro those
Of last year, but in the first six months the value
has declined over three millions, which repre-
SCENTS the saving to the country from the abun-
dant harvest of last autumn.
The Treasury Coin Balance.
The New York Herald publishes some figures
in it's Washington advices, to counterfeit the 1u-
mors that the reports OF the Treasury with re
gard to the "con balance" were inaccurate. It
says:
The so-called "coin balance" Of the Treasury
is given in our Washington letter as $6S, 500 600
Or this S24 600 600 is 10 coin certificates Sc 000
600 in silver bars. $4,000 900 in silver ill., and
is due on a call for bonds already IS, OOO 0O0
for interest due the LIST July and unpaid interest
previously dive, 10000 900. There are in hand
and disposabls, therefore, only $1,000 600 Of gold
further reduced by the sale Of 81. 100000 to be
made this mon b. it is the large accumulation
OF silver returned as coin which has led to the
misapprehension in regard to the Treasury
sta. ements; for it was known that the figures
published by the Secretary gave . statement Of
" coin in excess Of the gold 10 hand, it being
assumed that coin meant gold, and that, there
fore, the reports were inaccurate.
Tie Grain TRADE.
The sudden and unexpected increase in the ex-
port demand for wheat TO European markets has
given great impetus to our grain trade, and from
the causes which led to this increased demand it
is anticipated tuat it is one which will make our
exports during the coming season far beyond
those of the previous year. The unfavorable
weather in gland and France which has pre-
vented to great extent the ripening OF the
crops, and which has deterlorated their value,
together with the deficient crops in Hungary,
have caused considerable activity in the English
and Continental markets. great part OF which,
however. had been Of speculative character.
The advance was promptlyr sponded to at this
side, and still shows no signs Of abating, yester-
day figures showing an improvement over Satur-
days quotations OF from Sc to SC y bushel The
flow Of grain to the seaboard has, indeed, for the
past ten days been such as to cheer the hearts OF
the holders, and to give them reasonable hopes
of continuous demand at remunerative prices;
but the flow, large as it has been would have
been much heavier were it not for the aclion of
the spe, uators in our own markets, espe cally at
Chicsgo and Milwaukee. These speculative deal
ings have tended, and If persevered in will tend,
to check seriously the natural flow Of grain from
the interior to the seabOard, snd thus impede
what should rather be factated-the free ex-
portation of our produce.
In business circles generally, the activity in
the grain market is looked upon as an inoica-
tion of increased prosperity in other depart
ments Of mercantile pursuits. large export
demand for grain means increased wealth to
and canals, increased freights for our ships, in
creased work for thousands of hands, and fall
in the pre- MUM for gold. With increased wealth
in the West farmers will have more money to
way to Eastern markets and be distributed
among merchants and traders.
The advces from all sections of
the country regarding harvesting results
hps ar and %Sps and eIo.e
give us an abundant surplus to meet anv antici-
pated calls for supplies from Europe. Though
the season all over the West il backward, the
crops for the most part are looking well Wheat,
oats and barley look promising, the latter especi-
ally 80, while hay. potatoes and other root crops
are doing WE'LL IN. Y. Times, 2lst inst.
RELIGIOUS SERVICES IN THE ACADEMY OF
Music. - The religious services every Sunday
night at the Academy of Music are attracting
large congregations of people. who show, by their
close attention to the services and sermons, that
they feel strong interest in this movement. To
night the Rev. H. NJ. Smith, D. D., will deliver
the sermon, and we feel assured that there will