The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-05
COMMERCIAL MATTERS, Etc.

COMMERCIAL MATTERS, Etc.
New York firm has started a sardine fac.
DRY at Eastport, Me.
machine is in operation in E. D. Bronson
Co.'s broom factory, in Amsterdam, N. Y,
nth which one man and boy can make four
hundred brooms in ten hours. 1t is run by
team power.
Pittsburg bank had dealings with Dun.
AN, Sherman q Co. to the amount of one
ollar and sixty-three cents, but the transac-
lon was soon noised about until it reached
be magnitude Of S163, O00
The financial man of the Spanish govern
hent In Cuba thinks it will only require tax
I about fit - pc" ce 1T. on net incomes to
ueDl the insurrection for another year.
Tbs harvest prospects are Frightening in
England. and there seems to be no danger
hat John Bull shall be put on short commons.
The supply of foreign wheat is large, and the
reports from Continental Europe are encour-
lying.
According to table prepared by the Pilot
Commissioners, 6723 foreign and 1888 coast
wise vessels entered the port of New York by
way of Sandy Hook, during the year ending
une 80, 1875; 6l03 foreign and 1916 coast
wise vessels cleared during the same period
There were A days of fog off the Hook, mos
" too light to interfere with navigation For
J few days there was obstruction of the
passage by ice.
1 An ordinary lighthouse where oil is used
gives an illuminating power equal to 200 can
6les. An electric light in England flashes
bver the North Sea its condensed beams, each
Df which is more than an equivalent to the
comb ined light of 800, 900 candles.
The Georgia papers are congratulating
ILL., -. ~
State, and they present some figures which
warrant them in making claim to this pros
berity. In 1865 the taxa BILE property of Geor-
kia amounted to Sl26, 635 $40; now it is S273,-
p92, 900, showing an increase of over so per
bent since the war. The State has thirty five
railroads, with an aggregate length OF 1900
miles. The State debt is but IS, los, 900.
against which the State owns 100000 OF
property. making the net Indebtedness only
bbout So, O0O, 900. 1t also has SO, 602, 900 in
vested in cotton and wooden mills, and S735,
poo in iron foundries.
The Abundance of Corn at the South.
The Selma Gala. Argus speaks of the result
|of efforts at the South toward the production
|of an increased proportion of food material
land proportionate relief from dependence
upon the resources Of the Northwest as fol-
lows:
Instead of buying corn this year to make
the growing crop with, the canebrake region
has plenty to spare of its own growth. The
hundreds Of thousands of dollars that here.
tofore have been annually borrowed and sent
to the Northwest for corn and forage and paid
for transportation, are now in the pockets OF
our planters, or will be as soon as their cot
ton is marketed. With plenty of food in
their own barns and granaries, our farmers
all have sleek and fat mules, and some have
thrifty hogs for another years bacon.
This year the corn crop will be much larger
than last. Next season there will be sur
plus Of hundreds Of thousands of bushels.
There will be corn, corn everywhere, corn
plenty and to spare. Phere will be corn in
abundance whe re there was never corn before.
Cribs with bursting sides will be seen where
only traditions tell OF cribs in the times past.
The argus urges the continual e of corn
production and the converting of it into
meat at home, which it states can be done in
that section, as has been shown, as success
fully as in Tennessee and Kentucky. A draw
back upon stock raising seems to be the pre-
valence of depredations of thieves, which, it
is believed, will be less serious as the growth
Of this business increases.
European Demand for American Leather.
The Boston advertiser takes a hopeful view
of the future OF the leather trade. 1t says:
{" England and Germany take about three
fourths of our exports, Germany receiving
about half as much as England. They have
learned to like our leather, and to seek for
it. The sole leather trade has been
saved, and tanners have been preserved from
failure in the hard times since the panic by
this quick, foreign demand. Il is now known
all over the world that American tanners can
make as good leather as is produced any
where, and at prices that defy competition.
There is no reason to set any limit to the in
crease of exports of this article short of the
entire consumtipon of Europe"
why the Mills Are shutting Down.
Concerning the questions is dispute be-
tween manufacturers and operatives at the
Fall River Mills, the Neaos OF that place rea.
sons as followe:
That the margin on print cloths, at the
market rates, is too small to admit of running
the mills at present wages, is certainly as well
understood by work people as anybody. 1t
costs about 27-1O00 cents per yard to manu-
facture cloth, while the highest price it can
be sold tor is l25-1O00, leaving only SO 1000,
or less than one-tenth of a cent per yard for
profit. As this would give but one and q
half per cent on $40, 0O0, 900, it is plain that
the mills can not run.
The Cost Of CareIessness.
The widow and children OF passenger
named Kruger, lost with the steamship Allan
tic, have recovered S25, 600 damages from the
White Star Company by suit before the
Court of Queens Bench, London. The COM
pany admitted the fanlt of the captain, and
the question at issue was solely one of the
amount of damages If each life lost by the
Atlantic were rated as that of Kruger, who
had an income from his business of $40, 600
ner annum the steamship com pany would be
liable for S14, 050. 900 damages; but at lower
estimate, damages granted to the surviving
relatives of each passenger would amount to
$2,000,0O0 or $4,000 600. The collection OF
damages by the millions of dollars worth
from steamship companies whose agents
neglect the precautions necessary for the
safety of their passengers might prove bet
ter protection from the dangers of shipwreck
than lighthouses, fog horns or patent life
preservers.
scarcity Of Fifty Cent Nc ties. \
Complaints have been made to the United
States Treasury that the fractional currency