The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-03-27
COMMERCIAL MATTERS.

COMMERCIAL MATTERS.
Muskrat hunting is now INDUCED in By
large number OF persons along the Hudson
River. 1t is noteworthy fact that the rat.
nave built their nests much higher up the rivel
bank this year than usual, all of which old
boatmen say predicts heavy freshet
Vessels adapted to the West India trade are
in brisk demand at Philadelphia and rate.
have an upward tendency.
Inc following &C. has passed both Houses
OF the Legislature, and only awaits the Gov
ernors signature to become law: "Be it
enacted, ETC., That days OF grace shall be al
lowable upon all bills of exchange, drafts,
promlssory notes, or other instruments nego-
table by laws of this commonwealth, except
ing only bills of exchange and drafts drawn
at sight, and checks drawn upon banks or
bankers, whether payable upon presentation
or upon some day or time subsequent to the
date of issue"
Retail cigars dealers are to be afflicted with
patent cigar-box, which the Commissioner
OF Iaternal Revenue has invented in order to
keep them from swinding. The box has
perforated coupons on the inside edge, cor
responding with the number of cigars in the
box. The coupons are furnished by the gov
eminent in place of stamps; when cigar is
sold coupon has to be destroyed before the
purchaser. The design is to make the smok-
ers detectives, but, like everything else of this
kind, the smokers won't watch, and the
patent box will incte good deal of profanity
among retail cigar Dealers who do not like to
be continually suspected of cheating the
government.
Better Late Than Never.
The New York Financial Chronicle at last
yields to the irresistible logic Of facts, and
admits the error Of its last cotton crop est
mate. 1t is sore subject with the Chronicle.
as We may well imagine, and the matter is
dismissed in as few words as possible. The
following appeared in the last issue:
We are constantly written to with regard to
our crop estimate, and with request tor our
present views of the out-turn. We have
omitted to give any answer to these inquiries
for the reason that the tact of there beng all
error in our figures of December is too evil
dent to need any particular emphasis while
second effort at this late day, to work out
the probable result could serve no good pur-
pose history of the crop must be written,
but not yet; and not till its total can be fixed
with some degree OF certainty.
The Big Bonanza
The San Francisco Morning Cal, while adj
hitting that the richness of '.great bonanza"
has been grossly exaggerated, nevertheless
has faith In It, IN support of which the doubt
ing ones are reminded that the consolidated
Virginia mine has just announced dividend
OF ten dollars per share on its los, 900 shares,
making total of Sl,0S0000 for its month
earnings. Moreover, this sum represents
little more than the net earnings for the
month. but an increase of mill facilities will
probably enable it to pay the same amount
for months to come That the California is
not paying dividends, we are told, is owing to
want Of mills. The ore is ready when the
mills can be constructed II is acknowledged
that in the late excitement the Nevada mines
were run up too high, but then, the editor
suggests, the other extreme is nearly as bad,
as it will help the great capitalists to buy in
the stock at less than its real value.
Purcha sing Real Estate Mt Auction
A decision was rendered by Judge Donohue |
on Saturday in New York Supreme Court
Chambers, OF importance not only to pur-
chasers Of real estate, but showing the neces-
sity Of auctioneers, before making a sale,
being explicit in their description of the
property to be Sold Some time since, Robert
White, in foreclosure sale, bought a house
and lot corner 18th street and Lexington Ave-
nue.. After the purchase, it turned out that
the building encroached on the street an inch
and half On this ground application was
made to have the sale set aside. Judge Dono-
hue's decision is as follows
In this case it is clear that the sale was
made, and the purchase on the part of the
applicant entered into, on a mistake Of facts
The grantee supposed that the lot purchased
had house on it. 1t now appears that an
important though small part Of it is on the
street and liable to be moved at any time
while no compensation can be made for a
deficiency in the quantity of land bought.
Here it is almost impossible by that means to
put the party right. The applicant does not
want to rebuild the house. His deposit
should be returned to him, the land resold,
and out of the proceeds his expenses paid.
Our Consumption Of spiri iuous Liquors.
New York Builetion, 23d.I
That our people have large drinking capaci-
ties is q fact nowhere disputed; but what
proportion of our beverages consists Of spir-
tuous liquors is not generally understood
Nevertheless, the quantities of one kind or
another of these turntables manufactured in
u imported into the United States, when
brought into aggregate, assume formidable
proportions
To ascertain from official sources how much {
;ume in single year. we have consulted the {
government reports for the official year end
ng June 80, 1874 The Commerce and Nav )
cation Volumes issued from the Bureau of
supply the da.a relating to importa- !
ions for consumption. The record is as fol- !
Ows:
Articles Quantity. vaue DUTY I
'randy, gallons .----.9s,049 sl,659,l6s sl,sa60o7
ordials, liquors, etc 6!,412 l0o,O,s 1854 A
rain spirits -...--.15l 236 4i4275 l,a2472 e
)ther spirits. 226 OIL l532o0 4j2 096 | 4
Total. ..--I957 s23 s2,365, 10 S3glJ 900
making a total cost to the importer Original