The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-03-16
Coffee.
The following exhibit will show the sup
by of Brazil coffee in first hands at this
lort and out of town, with com parSons:

Total, bags. i16, f62 to,H-O -5il6 1t2, ~
The sales of Rio here during the week end
ing this morning were 10, APT bags, the re-
aeipts 455S bags. The sales of mild coffee
Turing the same time were 27S5 bags Mara
t;aibo, 1l41 do. jamaica, 1904 do. St Do
mingo, $50 do Laguayra, 1S9 do. Savanilla
all within the quoted range OF prices, and
taken for consumption; $50 bags st. Do
mingo were shipped to Europe. The supply
Of mild grades here this morning was 49, S97
bags and 1852 mats, including 100 bags and
3o52 mats Java, 1898 bags Maracaibo, 1913 do.
taguayra. 1922 do. Jamaica, 30S5 do. St Do
mingo, 61l2 do. Porto Rico, OBS do. Costa
Rica, 25l9 do Mexican, and los do. Ma
aila.
To-day Rio was quiet both here and at the
putports. The market was without quotable
change. The stock here this morning. as
stated in the above table, was increased
during the day by two arrivals, the Hail
Columbia with 1853 bags and the Hattie n.
Grove with 5000 bags. Mild grades were
auiet and generally unchanged. -Ne,r Yorh,
.B,t7etin, 1911 inst.
Trade With the East Indies.
Some interesting facts in regard to our
trade with the East Indies have been brought
Up by the discussion in Washington in con-
nection with the Hawaiian treaty. The Sta
,tisticS for 1874 are not yet published; but in
1873 the British, Spanish and Dutch East
indies, who are competitors in the Hawaiian
Islands for the sugar trade of the Pacific
coast. sent OF Their products to this country
S56, 937, 627, and took of our products in man
ltactureS, excepting coin, only 81 800 700, or
less than three per cent. The other ninety
seven per cent goes to them in CON- or ex-
change to Great Britain. Germany or Spain
TO purchase their manufactures, while our
factories lie Idle.
The Hawaiian Islands being practically an
American colony, took OF American manutac-
lures over 70 per cent, and under the treaty
would take our produce entirely IN pay This
state of facts in regard to our trade is attract
ing attention, and explains in part the drain
ot gold from the country and the lack Of mar
lset for American manufacturers. 1t is argued
shat had that $50, 900, 900 been paid in Amer
lean cottons and hardware, we would be
nearer specie payments and more labor be
furnished our people.
Two-Cent Stamps on Notes.
The ruling OF Internal Revenue Commits
asioner Douglass " that notes payable at bank,
or to any banker or trust company are sub
set to the two-cent stamp tax the same as or
binary checks, creates great deal of discus
sion and confusion. The New York bankers
addressed letter OF inquiry to Commissioner
Douglass few days ago on the matter, and
his reply In full was printed few days ago.
From this it appears "that if there
IS any understanding between the bank and |
maker of notes, or acceptor of checks drafts, !
or orders payable at the bank that all such |
notes and acceptanees shall be paid by the |
bank and charged in the account of the |
maker, drawer. or accepter in the same man
ner as ordinary checks would be- such notes
and acceptances are considered liable to the |
two-cent tax as vouchers for payment of
money by bank. The difficulty. however,
is that it cannot always be determined at the
time the note is drawn what will be the man |