The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-09-04
COMMERCIAL MATTERS, Etc.

Fine Ohio wool was offered in Philadelphia
on Friday at A cents per pound-the lowest
figure it has reached since the panic OF 1857.
The Boston Advertiser says that in conse-
'quence of the decline in prices for breadstuff,
several Boston ships have been chartered in
San Francisco to load for Europe on private
terms, but supposed at an advance on recent
rates.
Foreign fruit is rapidly disappearing from
the United States markets, and fruit OF do
mes ic growth is taking its place.
The Hon. j. Russell Jones, late United
States Minister to Belgium, says that while
his salary was $1,000 year, it never cost him
less than $40, 900 year to live IN Brussels.
The total value OF exports from Boston
during the past week was $588, l5O Total
since January /, 1872 $50. 5O7, against SIS. $780,,
-346 for the corresponding period last year.
A grocery firm doing business in the CEN
trail portion of Canada after a recent fire
claimed from the insurance companies 80 per
cent damage by smoke on liquors contained
in casks. The claim being considered some
what novel, it was put to practical test out
side OF the cellar, and it was admitted that no
damage had been done.
Most inauspicious seem the prospects of the
iron trade in the north of England The
mills and FORCES can hardly be kept going and
new orders are few, far between and insight
<fcant in worth. For pig iron the demand is
said to have never before reached such an ebb
as it stands at now. All prices are proper
tionately weak. No. 3 pig iron is now quoted
at 49s ton, but shilling or two less than
that figure would readily be conceded to Sc
cure anything approaching good order.
In the present state Of mining, 1000 feet is
q greater depth than ia possible to mine coal.
The deepest mines in England, which scarcely
exceed 1000 feet, possess temperature of IS
degrees. At 5000 feet the heat of the mines
would be over 100 degrees, and at 1000 feet
it would be 120 degrees. Rapidly waving
currents of air may reduce these tempera-
lures several degrees, and compressed air
discoveries in ventilation must be made be-
fore 1000 feet can be reached.
Trade Prospects in Philadelphia.
Tbs Philadelphia Ledger, with reference to
Ene business outlook there, says:
"In talking with persons in the Jobbing
dry goods trade, we learn that business is
fairly active, though at materially lower prices
than year or year and half ago, and
profits, too, are materially narrowed. The
volume Of business, however, as compared
with former dates, is generally higher than
the croaking, which seems to have become
chronic, would lead people to believe who
have not instituted examination as to the fact.
We believe in an early improve
ment in business"
Wool Growing In Australia.
Mr.. Anthony Trolloppe. who is just now
making journey through Australia, writes
from Melbourne, as follows:
"Here, as in all three colonies, wool has
been hitherto the staple produce. But wool
growing in this colony has been but poor
business, 1t boasts altogether something less
than 100000 sheep, individual squatters
owing perhaps 1000 or 5000 each. On the
other wool growing colonies 20, 600 is but q
small number on a single sheep run; whereas
the large squatters will own from $50, 900 to
300, 900 sheep. In fact, the West Australian
wool grower is not man OF much account
among Australian squatters generally. One
reason for this failure is to be found in the
poisoned bush Of the country-a bush which
is injurious to cattle, and absolutely fatal to
sheep. This grows here and there, in patches;
but in patches frequent enough to interfere
materially with the growth of wool"
A Decree Of the King of Italy.
Prescribing signals to be used by vessels in
distress, and by those calling for pilots, has
been received by this government through
ats Charge d'Affairs to Italy. The signals are
declared to be the same IS are adopted by
England.
The Fall Trade.
baltimore American 31st ult.
Our merchants are anticI ating an improve
anents in business. Their expectations are
founded upon the apparent prosperity Of the
farmers of the Middle and Western States
Agriculture lies at the base of our foreign and
domestic commerce, and when crops are abun-
~dant there must be activity in trade, although
profits may be exceedingly small and occa-
sional losses may be incurred.
The recent rise in the price Of wheat and