The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-13

HIlsslssippi River Floods. -.
Townsville Courier. Journal: 10th inst !

-@ AtE@Fs
HIIssissippi River Floods. $780,,
louisville CourierJourpal; 10th inst D
Yesterdays Advices arc oslculated to en-
courage hopes that the Overflow of the Mis-
sissippi will be Of less moment than was re-
Gently feared The falling Of the river above
the mouth of the Ohio as we'll as of its west
ern tributaries, would seem to make it not
improbable that before the Ohio carries down
the immense flood of waters which have been
overfowing its banks in this vicinity for some
days, the Mississippi will have been so re-
duced in'volume as to receive them without
greatly exceeding the rise already reached.
From compilation of notes describing the
various Important floods in the Mississippi
since Ills, We find that some Of the most re-
markable oveifows were in the summer
months. The food of 1874 occurred in
August. and that Of 1858, the most remark
able of all, occurred in July. In the latter
year it was estimated that $500 miles Of the
Yazoo bottom and 5000 miles of the St. Fran
els bottom were inundated. Again in 1928
there was an August food covering the Yazoo
bottom with three feet of water.
This flood followed steady rain Of several
weeks duration, and the soil was drenched
before the overflow. In 1916 the Mississippi
rose higher at Natchez than in any other year
save 1858. The greatest altitude was on June
%. The remarkable feature Of this food was
Iu0 hltRoG lhCt tuht dG OdIIU tu0 OHlO reached
the highest point in its history, and that the
maximum rise was on April g. seventy four
days before the Mississippi reached its maxi
mum At Natchez. No damage was done be-
low Red River Landing, on account of the
low stage of water in Red River.
The Dry Goods Trade.
IN. Y. Journal of Commerce, Aug II
Atmospheric influences have had an nusual
effect on business during the week. As the
barometer sank, SO did the hopes Of dealers
and the inclinations of buyers. As the sun
Withdrew from observation, our country cous-
ms with business proclivities retired to their
hotels and gloomily read reports Of the ruin
OF the country by rain. When the sun once
more ftfully appeared their spirits rose, and
again were the stores traversed by them in full
force, but their operations we're more in words
than deeds. When q really fine day did at
last appear they plucked up heart of grace
and seriously applied themselves in strictly
moderate and self-restained manner to the
pursuit which had suggested their presence in
the city.
With goods lower in price than at any time
since the war, and some articles actually
cheaper than they were eighteen years ago.
together with improved designs and manu-
facture, the temptation to xeplenish their
stocks was strong one. But there has been
no haste or undue iberality in selection ap-
u
steadfast and general effort to figure things
very closely, to get all the concessions posi-
BILE, and to buy just as little as will serve to
supply immediate necessities. Though profits
are relatively small, the shrinkage extending
to the quantity sold az well as toths price,.
the market is felt 10 be of healthy tone. Col
lections are made without difficulty, and
goods seem to be turned over more or less all
the time.
The Rio Coffee Situation.
Adyices fbm Bio Janeiro show that the
new crop coffaes are beginning to come in.
The estimates of the outturn range from
1000 600 bags, the lowest, to 1900, 900 bags,
the highest, most Of the advices agreeing on
1900 600 to 1000, 600 bags. But as yet it is
rect estimate of the crop. Last year the
yield was about 1000 900 bags, Of which
100000 bags are left over,i making the prob
able quantity for export the season of 1876
rs $500, QUO or 5000, 900 bags, nearly Or quite
equal to the exports last year. Daring the
year ending June 80, 1875, We imported from
Rio 1,7S3,5S9 bags Of 1872 pounds each,
against 1,O78,9 DIG bags of 16O pounds each for
the year previous, or puttiugit in tons, 105,
A34 this YER against 77,065 last year.
The total exports Of coffee from Rio for
the year just ended were 3, 1872, 46l bags OF 1872
pounds each. or 1875, ITO IONS, against ], $751;
1885, bags or 100, $40 tons the year previous. Ac-
cordipg to Messrs. H. E. Moring Il Go. 8 cir
cular, the stock of Rio coffee on hand July
lsts at all the ports was 1907 tons against $685.
tons same time last year, while our average
home consumption per month since January
LIST has been 1921 tons. against 6537 tons same
time last year. 1t is difficult at present to in
dictate the cause of the late improvem ents in
che coffee market, but it is generally conceded
that it is due as much or more, to other causes
as to fav orable statistics.-Ne,o York. Grocer,
9Th inst. ta a4ef ,a43 .
The EngIsh Banks and the Indian Trade.
The Pail Mall Gazette contains letter from
an Indian merchant, who explains the man.
ner in which some of the firms who have rel
Gently failed lost their money, or rather that
of the banks:
have positively known certain classes Of
goods consigned by houses here sold in Bonn
bay at less than the wholesale price by con-
tract in the city where they were manufac-
tured-and this not as single instance.
There is no money to be made at that game
unless it be other peoples. Indeed, it re-
4uired the greatest care on our part to avoid
Being ruined altogether by such systematic
flooding of an already glutted market 49,.
When the end or the beginning OF the end
came, as il has come within the last few
weeks, the ehols thing became clear enough.
These benefactors Of their species who sold
cheaper than ybody else could buy sinking
freight, interest, and commission, had really
little or nothing Oh stake in the matter, and
could well afford to sacrifice profits 50 long As
they could :" float" their paper. More than
one board of directors hsve found out by this
time that the lucrative part Of that business
is not done by the banks. Indeed, if the four
rules Of arithmetic can be relied upon to
give absolute results, they have not finished
their lesson yet. /, @+ry - II
sga "Gnt Edged ?, Butter. .Na j, j
The Philadelphia Ledger relates the follow |
ing: ~ u @5~a III 49, u. sH'7.
There are o. least two dairynnen and butter
shakers in the neighborhood Of Philadelphia |
who always sell their butter at one dollar q |
pound, and can not supply all who desire to
be their customers. One of these attributes |