The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-25
COMMERCIAL MATTERS.

ence OF this year, and the great DenentS
which the wheat crop will confer upon the
country. will induce our farmers to SOW
largely again this fall not only wheat, but
oats, rye and barley. Many farmers could not
have made their crops aithout the wheat to
feed their stock with. Rye aid oats wouio
have been better for this purpose than wneat,
and this fact has led to more general SOWING
of these grains this spring.
Latest accounts from Missouri, through our
exchanges, show that despite the ravages oi
grasshoppers, chinch bugs, Hesslan Mes
army worms and all the other pests WIN
which the country at large has been supposed
to be afflicted the present spring, we aie as.
sured of good yield OF wheat anu 'n0 'oin
looks promising.
American rs. British Axes.
Soma If onr English exchanges are uneasy
over the fact that the ak lately presented to
eY.Premier Gladstone was of American manu-
facture. The Ironmonger, in speaking OF 1t,
uses the following language " Elsewhere
This month we have adverted to the acknowl-
adoed superiority of the American telling ak;
and have stated with some humiliation as
Enclisbmen intensely jealous OF the fame Of
ENGLAND as the producer of everything made
of the useful metals, and when an English
man rD Who dwell we'll knew what he was about wished
to present the ex-Premier with the best Ak he
could find he had to give him an American
made tool"
New Field for Enterprise.
The American Manufacturer in referring to
the trade with South America, says that Eng
land sends more -four to the West Indies and
South America than we. This means that the
farmers Of the Mississippi Valley send por
ton of their surplus wheat to England, there to
be made into -four and shipped to their very
doors, instead of sending the same -four d.
rect from American ports to the nearby con-
Stunning markets. This thing is done in many
other commodities. A few months ago
Pittsburg glass manufacturer received an or
der from a Hamburg Germany house for
goods for South America. Americans GER
tainly show great lack of enterprise in the
matter of culuvating trade with other coun-
tries.
Wheat Crop Prospects
The wheat harvest is progressing under the
most favorable auspices on the Pacific slope,
and it is estimated that while some sections
promise lighter yield than last year, the in
creased area OF the crop will probably balance
this loss
In some sections of the West and Northwest
local damages have been sustained from de-
structive storms.
The European prospects continue fAvora-
BILE, with the exception Of portion Of France.
in which the crop has been SO much injured
rs to cause an advance in the Paris market.
Summer Packing and Movement Of Hogs.
The number of hogs packed in 1874 in the
West during what is termed the summer was
1,2OO,444 OF this number, the cities of Gin
cinnati, Cleveland, Indianapolis. Chicago, st.
Louis and Cedar Rapids. packed all but ". 500.
Indianapolis, which packed 2O4. 1926 head dur
since the LIST of March,. St. Louis has
packed about 10000 to date, which is proba-
bly, about 80, 600 lees than to same time last
year. Cincinnati packing is approximately
IS, 900 to date, against about s. 600 last year.
We have no estimate for Chicago, but the net
supply to date is 1875, 600 in excess of the same
time last year, SO that the packing may be
safely put down as rs, 600 in excess of same
time last year. Cedar Rapids has packed
49, 473, against 80 OBI last year, We have no
definite information from Cleveland. We
believe that the summer packing to date in
West, in the light of what information we
have been able to secure, lis about $50, 600
short of last year to corresponding time, and
that the weights have not been materially
different, but probably somewhat better
Cincinnati Price Current, June Is.
What Continental Competition Is Doing.
British iron manufacturers just now are not
q little disturbed by the success of Belgian
and French manufacturers in competing with
the makers of permanent way fastenlngs IN
Staffordshire and other districts. The max
ers of railway spikes and bolts in Belgium
are reported to be underselliug the Stafford
shire makers by the enormous difference CT
G5 per ton At price embracing that differ
ence they have recently taken an order. virtu-
ally from the Eoglish Government, for the
East India Railway. Orders for spikes for
Finl,nd the Be!gians have also wrested from
the English manufa cturers by difference Of
IA to f5 per ten. Further, South Stafford
shire makers have just been largely under
sold by firms in France, who have well beaten
them in competition for an order distributed
by the London, Brighton and South Coast
Railway.
Insurance Losses for May.
From q compilation OF the losses by fire in
the United States and Canada for May, made
by the Insurance Chronicle. it appears that
ospecial hazards have contributed largely
to swell the enormous total Of S9,3S4, 500, Of
which 81, 1886, 100 falls upon the insurance
companies.
OF this class of losses the following specif-
cation is given: Out of 1868 of all kinds, "A
we're carpenter shops, 10 furniture factories, 8
planning mills, 10 lumber yards and 80 saw
mills.
EFor tie first five months of 1875 the total
losses in the United States have been $685.
OO4 $50, of which $40, 129, $50 falls on the in
surance companies This is at the rate OF
nearly $780, O0O, 600 per annum. fifty per cent
of which came from the insurance companies,
and vet these five months are among those
generally least subject to large fires. The
Chronicle attributes to the cutting away OF
timber to such an extent as to produce
drcuth, by means of which the whole coun-
try is made like tinder-box, and the lumber
yards Of the cities and immense wooden blocks
stocked and built by dismantling our forests,
Il are made kindling wood for the flames.
The Southern Exposition at New Orleans.
The ST. Louis Times, Of the 22d inst. al
luding to the proposed Inauguration in Feb
ruary next Of "Southern States Agrlcul-
tural nd,,Industrial Exposition, in the city
of New Orleans, makes the following COM
mandatory remarks:
Every indication of better state of feeling
at the South, under whatever aspect it pre-