New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-09-01

manding outside rates. Thesupply OF steam
room has been liberal. aud as the ships in
the trade were compelled to sail at their ap-.
pointed time, without regard to their cargo
on board, for a considerable part of the sea
son they took freight at the sailing rates,
and by their competition in come cases pre-
vented rise from a scarcity Of sail room.
With regard to the course of the foreign
market we may take the Iates 10 Liverpool
as fair index OF the charges on other arti
and steam at II l6a; in October at u a Esd
and ~ 02id, respectively; early in No
vember at 1ed and l9-32i later in
that month at Used and 9-l6d; through
out December at about the same, early in
January at 1872 q ltd and 9l6d; later in
the same month at I'D and 9-l6d; early ia
February at N 0I7 32d and SD later in the
month at l2al7-32d and 9-l6d; early in
March 1912 a I'D and 1924; later in that
month at SD and l6d: late in April at II 32i
and 1872 a Esd; early in May at l7-32d aud
led; later in that month at l7-2..d and I'D;
early in June at I'D; later in that month
at ZIG a I'D and 1924; throughout July at
asd, and during the past month at asd and
I'D. Thus it appears that the extremes of
sail are SD and SD, against sd and l5-l6l
last year, and steam " and s4d, against SD
and Id. The question of what is a re-
munerative rate depends very much on the
amount of the in-treight list. If ship ar
rives from Liverpool il ballast it is evident
the out-treight must pay the whole expenses
of the voyage, and the outright mpy con
sequently be reduced in proportion to the
profit from the in-freight. 1t also depends on
extraordinary charges from detention at the
bar, extra assistance from tugs and charges
for up and down towage. A vessel may
arrive here in ballast from North Atlantic
| ports, take in a cargo OF cotton for Liver
| pool. aud return to the home port with
-hofa a.. toh e1a rly r. al -,
| case the expense OF the coastwse is a charge
| upon the freight lists from New Orleans
| and home. A rule that may be satisfactory
| under some circumstances may, therefore,
| not be in others, but, as a general PROPOSE
| ton, it may be stated that in the present
| condition OF the trade lad is barely pay
| ing rate, and oiled remunerative. From
| this statement. in connection with the tiuc
tuations noted above, it may be correctly
inferred that the trade has been, on the
Whole, satisfactory, although occasionally
attended with disappointment and loss.
| There is, however, q brighter future ahead,
| when, with more ample depth of water at
the passes, reduced rates of towage in con-
| sequence of the tugs suffering lew casual
ties and running at less expense, and a
steady and ample supply of cereal and other
| Western products, together with an en-
larged import trade oa Western as well as
| Southern accounts, our port will afford q
much wider scope to the shipping interest,
| and furnish remunerative employment to
more numerous fleets.
IMPORTS CoASTwISE AND BY RAIL AND
| RIvER-There can be no balance sheet of
our annual trade prepared unless it shall
| contain the receipts of merchandise, foreign
| and domestic, imported eoastwise and by
rail or river As no authentic record is
| kept IF these items we have been compelled
| to seek a report from the several agencies
r%att Is
the commodities, and can only offer an
approximate estimate Of their values, with
| out protesting entire accuracy or THROWN z
| the responsibility OF any error upon those
agencies which have been SO obligng as TO
| furnish the information sought. 10 is
| proper, however. to add to the credit of the
| general estimate that some agencies were
| unable to aid US to the extent that the i'm
portance of the inquiry required. We, how
| ever, give the following statement of the
estimated values received from the sources
| stated:
/. The aggregate value of merchandise
| received from New York during the year
has been estimated by taking the average
| value OF a cargo, spring and fall. As the
| principal agencies have differed good deal
| in their estimate OF average value, we have
| given the estimate of each and the aggre-
| gate. 1t must be remembered that this
| does not include mucn other merchandise
brought out by other than regular vessels,
There were, in 1874, three lines of steam
ers plying between New Orleans and New
| York.
Average value of cargoes Of New York
steamers in the spring is about Slso.0O0 TO
5000, 900, and in the fall at from 100000 to
s3j0,000, the cargoes vary in bulk and
value, those leaving New York in February,
| March, October and November being gen
orally the largest and most valuable. III
l 81 eli linz No, N,rIr
with weekly steamers, making twelve car
goes received at this port month, making
a value of the cargOes of each line for the
first six months OF Sl,S000 900; value of
cargo OF each line last six months, IS, 400 900;
total value of each line for one year
| $I3. 100000; total value of three lines for
one year $50, 100000.
large, if not leading line, a gentleman, of
great experience and good Judgment es-
| Inmates the average value OF New York
cargoes by their line is about $250,000 TO
100000 during the entire year; there is
tifty-two cargoes received by this line each
year, the cargoes in the fall being the
largest and most valuable, making value
OF the cargoes of this line for the frs, six
months, $6000,000; for last six months,
$4,000 600; total value of cargoes received
by this line for one year, SIS, 100000.
As there is a difference of about one
| sixth in the estimate of these authorities,
| we would have felt authorized to add some
millions to tie estimate, but that the trans
portation of insurable goods by rail must
have taken off from the average valuation
Of coastwise cargoes. There must be, how
ever received from New York by steamer
fully forty millions Of dollars worth of mer-
'chaud.se annually.
,. The average value of cargoes of Phila
delphia steamers is about Sl25,0O0 to
$l5Q,0O0. Said line has six cargoes in the
spring, making a value OF S750,000; csrgoes
in the fall. 100000; total value of twelve
cargoes received, 81, $4,000.
The average value OF cargoes of Bslti
more steamers in the spring is abont
$4,000, and in the fall at about $780, 600
In the spring there Is six cargoes received
By this line, making a value of $3.50, 600
six eargees In the fall 100000; total value
OF twelve cargoes, Sl,650,000.
The total value of merchandise which ar
rived here by the New Orleans, st. Louis
! and Chicago railroad. per month, during
the year 49, 4, was as follows:
Merchants Dispatch Line ............... o0ot
| Star Union Line. ACKNOWLEDGEMENTS. ll250t
| Erie Express Line. ACKNOWLEDGEMENTS, lis50.
White Lane '.'.-''''''''..'........-... IL 5o'
| National Line. ACKNOWLEDGEMENTS. l25O'
Total OBSERVATION-DISCLOSURES. ssOO0Ot
| Total value Tor one year..........SlO II, 500 0ot
| PROM BOSTON.
| Per Month
| Merchants Dispatch Line. ......,...... $3.50 Coz
| Star Union Line ACKNOWLEDGEMENTS. 81. so
| Erie Express Line......... .'....,....., ~
| White Line ..'.'..'..''.'.'''.'-.. es2u'
| TOTAL ...;............ ...'''.'''..... Sou, Wy