The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-12-17
COMMERCIAL MATTERS, Etc.

A gentleman of wealth residing in Hart
ford found himself upon the ocean ABOUT a
year ago, making his bridal trip. ne also
found at the same time in his vest POCKET
SlOO bill, which he supposed he had gwen 10
the officiating clercyman On returning from
Europe he questioned the clergyman as to the
fee he had received, and learned that 1t was
very small quantity Of fine-cut chewing TO-
bacco, carefully folded in tissue paper. Elk
plantations TO lowed, and the 500 bill reached
its destination at last.
The Agricultural Bureau reports, to winch
the public is treated every month, are about
as useful as reports about the crops IN the
moon. They are several weeks behind the
statements which are given to the press from
other sources. The bureau spends about
$3.50. per annum, exclusive of printing,
naper. etc, nine-tenths of which sum might
as we'll be thrown into the sea for all the good
it does the public. number of sleek Off
Gals are sustained by it, however, in compar
alive idleness. The bureau is a humbug.-
Courier Journal .rg
The henical National Bank of New York.
The Chemical National Bank of New York
has capital of 100000, surplus OF 81
$1,000, undivided profits of Sl,992 59l IT,
in the last report at hand, and pays 100 per
cent in dividends yearly. Among its depos-
and Commodore Vanderbilt. The market
value Of its 500 shares is about Sl65O each,
and there is standing offer Of $1,000 share.
Its individual deposits are abont S6,ooU'ooo'
and its loans and discounts about the same
This immense and lucrative business has been
built up by adherence to most conservative
and old. fashioned policy. LIS history Deglns
with that of the Chemical Manufacturing
Works, incorporated fifty years ago, with
500. 600 for the Chemical Works and $780,
900 for banking. -.
The manufacture of chemicals did not
prove profitable, and, though this was the
Chief object of the enterprise, 1t was aban-
doned. The bank was opened and John
Mason was President, with John ID. Jones as
cashier. The bank did very satisfactory
business, though it reached no brilliant re-
suIts until after Mr.. Masons death, which oc-
curred IN 1e4O Since then it has EN- in
creasing in reputation and credit. Business
has increased, and capitalists have sought it
as place of secure deposit. In this way the
profits have grown in a steady proportion
until regular yearly dividend Of leo per cent
is now declared.
The Wool Market.
boston Commercial Bulletin, Dec. ILL.,
The wool market reports, although TO out
ward appearance moderate week, an I'M
provement in business. There is no mme-
date change in prices, although sales of Xxx
are reported at SOC, and AAA at 5lc,. which
is from lie to 2lc advance on any prices yet
named, and Yet there is no pronounced op1n-
ion whether or not the woods are superior to
those quoted week ago at Az and 4o9c.
There is an impression, however, that these
quotations represent something exceptional
in the date or time on the invoice, conditions
of credits, or peculiar nicely OF the throw.
The more prevalent idea is that 46c represents
the outside on the we'll selected, we'll condi-
toned Xxx and above, and at this value q
decided ST fleming has been made.
The Trade In Foreign Fruits. .5
IN. Y. Bulletn.l
This is the time of the year whenthe fruit
merchants generally do large business in
supplying the holiday demand tor Injuries
in the shape of fruit from the West Indies
and Southern Europe. just now fair trade
is being done. The prices are generally lower
than at this time last year. Of West Indies
oranges there is a large supply IN market;
steamers from st. John, Porto Rico, King
ston, Jamaica, as we'll as from Havana, are
constantly arriving with large supplies.
leading merchant in the trade informs us
that the present stock is more than enough
for the holiday trade if not another steamer
arrives. As the supply is steadily increasing,
1t appears highly probable that prices fol
West India oranges will rule unusually low
for the holidays. ..--
Within short time prices have declined
frym So to 50 per barrel, owing to the large
receipts The present quotations are S. te
So per Dbl for sound selected fruit; the car
goes Of many vessels arriving are sold al
they run" at lower prices Besides the West
India oranges we have lately mad receipts
from Malaga and Valencia, Spain, Lisbon anC
Oporto, the quality ranking about the same a.
West India; also, some lots from Florida, and
also from Sicily Sicily lemons are in fail
supply and bring 81 to IS per box The sup
ply Of bananas in the market is not large anC
they bring full prices. AS regards foreign
dried fruits fair general trade is being done
The stock Of raisins is liberal, and they sci
at q less price than was obtained at this time
last year, when layer were worth 50 10 PEI
box where now they sell for 50 80. There il
as vet comparatively little trade being done
in Turkish prunes, Notwithstanding that they
are offered at unusually low prices-5ac to 81
per fb-where last year at this time they wer'
quoted at double these prices. The cause 0
the unusual chespness of this fruit is owing
to large increase in the crop. The yield o
the provinces of Bosnia and Servia Turkey
which does not appear to have been in an.
way injured by the war, promises this yea
to reach 10000 casks; these weigh 1900 ID
each. < f =
The United States annually consume
about 10, 900 casks Of the Turkish crop and
considerable Of the French, of which $50, CO.
cases have already arrived since the begin
ming Of the present season. The French
crop will be about 400, 600 cases Of so pounds
though at present the trade in prunes is onl.
moderate During the last two months
good trade has been done, and many dealers
in fact, laid in such large supplies that the.
may not need to replenish them even for tn
Christmas trade. r.'=