The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-03-16
COMMERCIAL MATTERS.

The gold exported from Australia and New
Zealand last year was worth about SIS 900,
900.
Property owners in Chicago are reducing
rents from fifteen to thirty per cent.
The National Butter and Egg Association
refused by a close vote to condemn the arti-
iclal colorlng Of butter
Sulphur, it is said, viii extnguish fire in I.
confined place. like the hold of a ship. Burn
ing sulphur produces sulphurous acid in
which fire will not burn.
The grain trade of Philadelphia is growing
rapidly; one leading house in Market street
has been compelled to III reduce into their
warehouse a steam machine elevator with
which they can receive and store | j. 900 to 20, :
600 bushels daily.
With one exception the real estate sales
made IN February were the very highest ever
made in San Francisco. The fetal number of
sales effected was IA, Of the aggregate value
of 81 800. 13S; and yet, while the real estate
market is extremely lively, there would seem
to be comparatively little imitation, any ten
i4ncy IN that direction being among men who
have made money in stocks, when competing
for large business properties.
California Grain Shipments.
The California wheat export trade for Feb
ruary was rather light. There were only %
full cargoes cleared for England. In addition,
there was one cargo of flour and wheat and q
full cargo of flour for the same market also
partial cargo Of flour for Hong Kong and a
partial cargo for Manila. The Bulletin of 1,t
inst. says: T" In round numbers we have ship
ped, since July lst, the equivalent of 4l2, 900
tons of wheat of 1000 lbs. each. At the COM
nencement OF the year it was thought we
wonld ship GOO,O0 tons by the LIST of July,
1875. 1t is now believed that we shall fall
short OF that quantity by at least 50, 900 tons,
and perhaps more There is enough tonnage
III port under engagement to take from 3d.
900 to 10000 tons, and enough disengaged
tonnage here and to arrive to take the re-
manning surplus that will be exported this
season.
Foreign Insurance Csmpanic. Object TO Re-
dnccd Hates.
The reduction in rates of insurance re-
Gently effected by the Board of Fire Under
writer's has created considerable dissatisfac-
ton among the companies which favored
high rates. This feeling is particularly strong
among English companies which are repre- |
sented here by agencies. AS soon as the news |
Of the reduction was received in England |
Geographic dispatches were sent here asking |
what the change meant. A rumor was preva- |
lent yesterday among insurance men that the |
foreign companies had telegra pied to their
agents here not to consent to abide by any
reduction in rates. 1t was also rumored that
N accordance with these instructions a meet
ing of agents was held at the office OF one of
the largest English companies, in Pine street,
and that it was resolved not to concur in the
reduction recently made. Inquiry of repre-
sentative Of q foreign company who was
present at the meeting obtained the informa-
ton that there had been no result to the con
ference. The representatives had met because
OF inquiries from the foreign offices asking
u Ilnt tIa, . |
The companies were afraid that the decrease
Vas general throughout the country. Nothing
had been done, and nothing would probably
be done until farther instructions from the
other side of the Atlantic are received.
Ae,c York Iri6ute, 10H INST
Coffee.
The following exhibit will show the sup
ply Of Brazil coffee in first hands at this
port and out of town, with comparisons: