The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-05-27
COMMERCIAL MATTERS.


last week. =,
The largest candle factory in the world il
that known as the Price Company, having it,
principal establishments at Liverpool and
London, with q capital of S., OOO.O 600.
Gold. copper and iron are found in Rock
Iinoham county. Va On the James River sid
of the county Northern capitalists are buying
iron ore lands at good prices. One farm ha
been sold for $4,000, and 100000 has beer
refused for the tract adjoining.
San Francisco sets down her aggregate
manufactures in the year 1871 at $50, 6O3, Az
in value, without including gold and silvel
refined, and for the year 1874 total of s67,
1873, $50, an increase of near twenty pei
cent in three years, of which latter item
S., SOC, $50 was machinery, chiefly for mining
purposes. It is claimed that the capital in
vested in that city in manufacturing industries
is over S3O,OOO,OOO.
It is now possible, by the aid of hydraulic
machinery, to bend iron shafts of twelve
inches diameter to any required shape In
credible as this statement may seem to an IN
expert, crank shafts are now SO made. instead
of by the slow. lsborious and expensive
method Of forging. The bent shafts are also
much better than forged ones, from the fact
that the fiber of the metal runs in one direc-
ton continually, whereas in forged ones it il
often across the line Of strain.
The Postmaster General has issued an order
reducing postage to and from all countries
with which postal conventions have not been
concluded from ten cents to five cents tor
each half ounce or fraction thereof
The experiment of raising tea is about to
be made in Sicily. A great similarity has
been observed to exist between the soil and
climate of Sicily and japan, and this has en-
couraged the Italian Government to make the
trial Of growing the tea plant in the former
island. Seeds and full directions for culture
have been obtained through the Japanese
| Consul, and the result of the experiment is
awaited with some al xiety Spain and Greece
being similarly situated as regards latitude
and climatic conditions. are equally interested
in the success Of the scheme.
On the LIST May the new law regulating the
protection of trademarks throughout the
German Empire went into force. Paragraph
20 of this law says that all foreigners belosg-
ing to nations which have reciprocity treaty
v it'll the German Empire can get protection
for the whole of Germany for their trade
marks, names, firm names, ETC., by applying
to the Commercial Court at the city Of Lsip-
sic.
London now claims to possess the largest
gas meter in the world. Its capacity is stated
to be the enormous quantity of 10000 cubit
feet of gas per hour, and its measuring drum
delivers for each revolution 1900 feet.
We have received the first number of Ell
Commerce., a new paper in the Spanish Ian
guage, "devoted to the commercial, manu-
featuring and financial inter ssts of the United
States and Spanish America" The publish
ers, in their salutatory, observe that South
America, Mexico, Central America and the
West Indies, though so closely joined to the
United States geographically, yet trade chiefly
with England, Germany and France, to the
exclusion of this country. This is said to be
for want Of good paper in the Spanish Ian
guage, as an exponent Of our manufacturing
and geneaal commercial advantages, and this
want is what the publishers win endeavor to
supply, in which effort we hope they will
meet with success.
Some Pig figures.
The American swine trade, or, as it is called
at the West, the hog crop, has swollen to
enormous proportions, the annual product
having risen from 1882, S46 hogs packed in
1852 to 5,537. l24 packed in 1874 5, and the
total of twenty-six years being "a, 157, 1872.
All this is the result of the imm snse extern
sion of railroads at the West, on which it is
estimated that the expenditure was 81, ZOO, 600
year prior to the panic Of 1873. Chicago is
the great center of the pork trade, having
packed the last year $780, 4S, while Cincin-
matt packed $50 1874, st. Louis 1852, 246, In
dianapolis 278 1874, Louisville 273,ll8, Mil
waukee 24S,l97. The total value of the hog
crop, including pork and lard, was 500. S27, 2l5
in 1873 4, and $97, 1888. 1926 in 1915. an in
crease Of s33,5l1, Gil.
The International Pos tai Union.
The Union comprises the United States, all
of Europe, colonies of European powers
Asiatic possessions of Prussia, and Turkey
~ poko If m
be collected in the United States on CORE
spondencs to an1 from the whole extent of
the Postal Union, are as follows:
A. Prepaid letters, 10 cents per Is grammes.
B. Unpaid letters, 10 cents per Is grammes.
c. Postal cards, cents each.
D. Newspapers, il not over ounces in
v eight, cents each.
E. Other printed matter, samples of mer-
chandise, and all articles other than newspa-
pers, enumerated in article of the treaty, 2
cents per each weight of ounces or fraction
thereof
F. The registration fee on all correspond
ence, cents.
G. No fee will be charged for return re-
ceipt in cases where receipt from the ad-
dressed is requested.
H. No additional tax will be collected in
the United States on correspondence for
warded within the Union by sea on routes Of
more than 800 nautical miles.
The treaty goes into operation with all the
countries except France on July l, and with
France on January l, 1876.
Negotiation Of United States onds.
cincinnati Enquirer.l
The officials of the Treasury Department
are very well pleased with the progress made
in converting the United States six per cent
INTO five per cent bonds Five hundred mil
lions of dollars we're authorized to be thus
and of this amount all has been ne
gotiated except eighty-seven millions. If the
government continues for this week to ex-
change its bonds at the same rate as it did
the last, all of these five hundred mil
lions will be exchanged before the meet
ing of Congress, and this is the ex-
pectation of the Treasury officers. Secretary
Bristow made his contract with the Syndicate
in August, 1874, since which time he has
negotiated ninety millions. The operation
has beea much impeded by the high price OF
gold in America, thus making it Improbable
for parties to invest, and also by the unusu-
allv hioh rates of interest maintained by the