The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-04

Nash Hodgson sell Elegant hesioehe' "
St Charles Auction Exchange
COMMERCIAL MATTERS, Etc.
n SATURDAY. November n, the shipments |
of neat from Chicago weighed 4,377,o4 |
nonnds eonal to 219 cars of ten tons each.
, Codfsb are being shipped from Halifax to
! 81 Iohns N. F., and sold at 26s. per quintal, |
Il the highest price on record.
3 The leading shippers and ship brokers OF
Philadelphia have agreed that commission
of per cent shall be the customary ana only
charge to vessels on all charters efected
in Philadelphia for grain, petroleum, or
other merchandise to European ports. The
freight upon petroleum and its products,
when loaded in Philadelphia, is calculated
and paid upon 40 gallons gross gauge ct the
barrel.
A method Of covering cotton with silk has
been devised. The silk is dissolved in hydro
chloric acid or an ammoniacal solution OF
copper or nickel. Water is added until the
solution begins to cloud, when the cotton,
previously mordanted, is immersed in 1t Tor
few minutes. When taken out 1t VIII De
found to be plated with silk.
The English sailors used to be considered
the best in the world but they are EVIDENTLY
losing their prestige, Judging from the man 1a,
ner in which they handle iron. clads. Inc
LUKE S6ut tuo " -
then the Iron Duke came near sinking from
careless management the other day, ana on
Monday the iron.clad Monarch collded with
vessel and was severely damaged.
Cotton in The Port of New Orleans.
Mr., Henry G. Hester Secretary OF the Cot
ton Exchange, has obligingly furnished us
with statement of cotton IN presses ana on
shipboard in the port OF New Orleans Novem-
Der 80, 1875. The following is recapltula-
ton of the same:
Total cotton in presses .lOI, 49,
Total on shipboard. ............... o2,5l9
Total stock in presses and on shipboard
November 80, ?. M.....................19 O,31S
Received since taking stock, say up to II
L., December B. ...........-.......... lo,'5'
2O9O55
Cleared since taking stock. H. $50
Actual stock at noon this day, Dec. @. 1896
Running count stCck this day ......... l93,99o
Stock Fluctuations.
The New York apers agree that Wall street
interests were never more mercllesSly con-
trolled than now by the selfish plans OF over
shadowing operators and cliques. The big
fish are eating up all the small ones, and some
of the most valuable corporate property IN the
country is being kicked about like football
at the whim of individual players. The New
York Herald describes the causeless fuctua-
tions to which stocks are subject:
1t was not long ago reported that the treas
ury of the Lake Shore Railway Company
was loaded down with surplus cash, where
upon up jumped the price OF the stock some
10 per cent, irrespective of the fact that the
company's payments ION account OF interest
for the months OF November, December and
cd Ct 600 Ono On the
authority OF a financial journal. it now ap.
pears that the company has recently increased
the issue of its second consolidated mortgage
bonds $500, O0O Again, within the past week
it was reported that the Chicago, Milwaukee
and st. Paul Railroad Company had in its
treasury over $500, COO, which, being imme-
diately set down as applicable to dividend,
rying up the price about per cent, notwlth-
standing that on the LIST of January the COM
pany requires over $600,00 for the payment
of interest
Good Account to Have.
The Merchants National Bank Of Boston is
said to have about 100000 of the funds of
the city OF Boston on deposit. The Boston
Post, of the 9th inst, refers to this subject:
The deposits of the Merchants National
Bank, Boston, now foot up nearly $40, OOO, 600;
the figures reported at the beginning Of this
week were SO, 933, 900. We hear that it has
been stated at the City Hall that nearly $780,
OOO,O of the above belong the city-the
amount being unusually large, owing to the
very heavy payments recently made into the
treasury on account of taxes, ETC., and that 1t
is also proposed by some to divide the city
deposits among several banks, in proportion
to the size, no one institution being allowed
to exceed one-half Of its capital. 1t is not
vet known what the 'probabities" are in re-
gard to the matter for everybody admits that
the Merchants Bank has done promptly,
fairly and squarely all it has agreed to do. and
it has the largest capital of any Boston bank.
Our Export Trade.
The Springfield Republican gives whole
some check to the exultation of American
manufacturers at having undersold English
man ufacturers in their own home market 1t
says:
How is this, Fall River? British exports to
this country for the ten months ending Octo-
Der 81 include $4,000 600 yards of cotton
goods, an increase of 5000, 900 over last year.
Some classes of iron, but not railroad, show
an increase. But hardware, steel, paper, silks,
woolens, worsteds, and carpets, show de-
crease. The import Of British woolens for
that time amounted to 2,513,000 yards, of
worsteds to AZ, 347, 900 yards and of carpets
to 1,977,0OO yards, the last reduction OF
1850, 900 yards.
The Duty on Coffee.
1t is gen orally understood that the Govern
ment will propose to Congress to restore the
duties on tea and coffee. To gain support for
this measure, dispatch has been made pub
lie from our Minister to Brazil, Mr.. Par
fridge, giving figures to prove that the Pro
ducers in Brazil added the amount OF the
duty repealed to their prices The New York
Daily Bulletin refuses to believe this state
ment 1t adduces against it Minister Part
ridges own figures in report to Secretary
Fish, dated March 20, 1873. and published by
the Bureau of Statistics. 1t shows from the
schedule of the prices for 1872 that after the
repeal of duty there was an advance in price
eqnal to only one quarter of the duty taken
off but that in three months this advance was
lost.
November and December the certainty OF a
obor I'D tba prioa Sti Ill