The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-11-11
COMMERCIAL MATTERS, Etc.

COMMERCIAL MATTERS, Etc.
There is considerable commotion in local
political circles in Cincinnati, arising from
decision of the Supreme Court Of Ohio to
day, sustaining the city Auditors construction
Of the tax law. The municipal code OF Ohio
prescribed that the rate of taxation for local
IMPOSES in cities Of the first-class shall not
exceed 16 mills, but it was sought to construe
this law SO as not to include the mills levy
necessary to pay the interest on the bonds
sold for building tie South IN railroad, thus
raising the rate Of levy to 20 mills. The Su-
preme Court decides, however, that the rail-
road tax of mills shall be included in the
total Of 16 mills, thus leaving only II mills
for other municipal purposes.
The cost of running the city government is
said to be about 50, 500 900, exclusive Of the
public school expenses, and that IL mills will
Weld only about So, 100,O 0O
The receipts Of hogs in st. Louis during
the twelve months ending October 81, ult.
numbered S39. 780 head, against 1,1c8,977
last year; and the shipments were 19l, 487,
against 462, 112 last year. The principal de-
crease in receipts occurred in the summer and
fall months Of 1875.
The la ional and local debts of the United
States amount to 100000, while those
of the United Kingdom are G851, OOO 900, or
9l33 600, 900 in excess of ours. The national
and local taxation Of this country aggregates
9129, 900 600; while that Of the United King
dom is g114,O00, 600, or ELS, 900, 600 less than
ours. This difference in expenditures is
largely due to the difference in the rate OF
interest on the debts OF the two countries
The catch Of mackerel, which contributes
so greatly to the prosperity Of the fishing in
terest, especially of Massachusetts, has this
year been exceptionally small, leading to
corresponding frmness in prices. 1t is est
mated that the aggregate will not amount to
one-half of that OF last year. In 1874 the total
catch by the Mass achusetts fl 5et reached
25S $50 barrels, against l85, 74S in 1873, 49,
957 in 1872, 259, 416 in 1871 and 3lo, 521 in
1870. giving for the five years total Of l2O4,-
O22 barrels. The fisheries of Maine, though
not nearly SO important as those Of Massa-
chusetts. are considerable. The quantity OF
mackerel inspected at the Maine ports for the
three years, 1871, 1872 and 1873 was in bar
rels as follows: 1871, AS, 6O3; 1872, ~ 973;
1873, %, 1913, giving an average OF 81, 256 bar
rels per ennum, which, with the Massachu-
sets figures, gives total supply Tor the f1ve
years named of 1850, 300 barrels. Most OF
this supply has been consumed in the United
States.
It is estimated that the Tennessee crop Of
peanuts for 1875 and 1876 will range from
225, 900 to $50, 900 bushels; the Virginia crop
from $50, 600 to 400 600 bushels, and The North
Carolina crop from l20, 900 to $50, 900 bushels.
These are the principal peanut growing
States, though considerable quantities have
of late years been raised in California. The
total United States supply for 1874 5 was as
follows: Tennessee crop, 200,0 900 bushels;
Virginia crop, $50, COO bushels; North Caro-
lima, 12O, 600 bushels; imports Of African, So,
600 (of which II, 900 bushels went to New
York and $4,000. bushels went to Bos-
TONI, making q total Of 10000. African
peanuts have been gradually declining in es-
timation here, in favor Of the native product.
They are largely shipped to France, where
they are converted into so-called olive oil
California peanuts are handsome and full,
but seldom reach this market on account Of
high freights
The Pork Packing Business.
The Inter- Ocean states that packing in Chi
caeo ID gradually approaching full tide. The
purchases of the pork packers in this city yes
terday aggregated about $450,O00. This is
nearly an average of the usual daily purchases
through the entire packing season Of four
months from November l to March l. Ten
DAYS ago the average daily purchases did not
exceed $50, 900, and the increase since then
up to the present volume shows that business
has begun in earnest, and will probably increase
from this time forward, until in the great
for hogs will probably amount to from 81 900,
900 to 81 500, 900 per day.
If we estimate, in accordance with the expe-
rience Of past seasons, that there will be, say
1900, 900 Of hogs packed in this city this win
ter and that they average $50 pounds at say
cents per pound, it would represent about
$35, 600, 900 as the amount OF money likely
TO be paid out for hogs in this city this win
ter. The great bulk Of this money will 60
into Illinois, Iowa, Kansas and Nebraska.
In Louisville receipts of hogs are very
light-so light some days that packers are not
inspired to any competition. Friday there
were but 600 hogs in the stock yards, and
only one house was packing On that day.
Receipts of hogs IN this city are also quite
light. but 829 head being reported for the
past "a hours. The packers are in the mar
ket fairly, and the demand for good packing
hogs is strong, but the supply from such re-
ceipts is of course wholly inadequate to the
packing capacity Of the city The receipts Of
the Eek foot up only IL, 6So head.-Ss. LOUIS
Republican, 9Th inst.
The packing season opens very slowly.
While the weather has been admirable, re-
oeipts Of hogs continue singularly light and
SO far the indications strengthen the earlier
anticipations that the supply of hogs for the
first two or three months OF the regular sea-
son will be small Weights and condition are
found to be satisfactory, and II IS proDaDle
that the average in these respects will be bet
ter than for several years.
This afternoon the supply Of hogs in pack
ers pens was 500, and the total receipts since
the opening of the season have been about
$500, against Is, 900 in the corresponding por-
ton Of last season.-LoalsuiHe Coarier-Journds
Su inst.
New Shoe Sewing Machine.
Numerous have been the attempts to invent
. machine for the manufacture OF shoes, On
the same plan as that when Is aoop.ea lol
hand work. i. g., with welt. These attempts
have been made yearly for the past ten years,
and. it is estimated at an expense Of no less
than s., 100000. Until recently these expert
ments have proved fruitless, each having
some fault or other which makes them worth
less At length, however, an ingenious
machine has been introduced which it Is
thought will answer the pdrpose.
Ioc o1roodv hoan tried in New York