The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-27
COMMERCIAL MATTERS.

COMMERCIAL MATTERS.
In FRANCE there we're At the end of 1874 over
15,O00 miles OF railway in operation.
Chicago 10 discussing the propriety Of having
mRk inspector. The miikmen ase said to
desire It. Fa R& N
Canadian crop prospects, continue to BE reported
u very favorable light, and as abundant har-
vests there Is here are probable.
The Belmont vineyards Of Virginia are said to
be In an embarrassed condition. over which much
regret is expressed by the State press as this
was the first extended experiment OF the kind
In the State. It's failure would, therefore, be re-
garded Is settling the practicabiity of vine
raising in that State.
Some weeks siuce a South Carolinas court is
sued an order placing the Charleston and Savan-
nah Railroad in the hands Of the State Controller
TO be operated in behalf Of certain creditors, but
further proceedings we're estopped last week by
writ OF error granted by the supreme Court OF
the State, and an appeal taken to the supreme
Court OF the Uni ed states. Couns ell for the Con-
troller-General openly charged Chief Justice
Moees, Of the Supreme Court OF the State, with
prostitutng his Office under corrupt influences.
Immense shipments Of Cisthes-Pins 70 Eng
land and Australia.
Insignificant as the common wooden clothes
pin Is in itself, its manufacture forms no mean
part in Anne ricsn IL dustries, and the numerous
factories in the New England and other States
furnish employment to thousands of persons
There several large clothes pin manufactures
in Pennsylvania and Ohio, and one in til vicinity
Of 6aratoga, N. Y, each OF which is capable OF
turning out 1000 boxes, or TAO 900 pins per week.
There are also several small factories scattered
through Massachusetts,, New hampshire and
Vermont, and all are run by water-power.
Beach, white birch and poplar are the woods
used in making the article, the birch ana poplar
being considered the best. The machinery en-
ployed is very simple. The wood is first sawed
into logs four feet in length, and then cut into
small square sticks By means Of cutting ma
chine. Each stick after beng rounded in q lathe
is passed into another machine, which throws out
. number Of perfectly formed pins at one cut and
with great rapidity. The pics are then thrown
into large revolving cylinder and smoothed by
friction with each other.
Csttes Prospects.
The World has now published the three esti-
mates Of acreage, condition and prospects Of the
cotton crop for the season Of 1876, which have
ingtOn, by the National Cotton Exchange. and by
the New York Financial Chronicle: and, although
differing somewhat in degree, they uniform
in reporting an increase In the acreage planted,
good stand, clean fields, and an improved con-
dition over last June. The planting season was
cold, and the plant had late start. Much re-
planting was necessary, but the favorable weather
which has prevailed since the middle OF NAV has
brought up matters, aud the present position il
declared to be all that could be expected. There
has been less trouble with labor than in recent
years. Increased attention has been given to
the culi ivation of cereals, and altogether the
prospects OF the Southern planters are quite
hattering. tN
The area planted for the next crop of cotton is
set down by the Financial Chronicle at 8, Isl, All
acres; an increase over ite estimate OF last year
OF 81, 648 acres or about 81 per cent. The
National Cotton Exchange did not commit itself
on this point, but WAS regarded by committee
OF the New York Cotton Exchange as pointing to
IN rea OF about 8,943.479 acres and by another
l. n M m Ne
tural Bureau estimates an increase OF IL per
cent over its estimated acreage OF last year. or
total Of about 8,8l9,35 acres. We thus reach,
as the average OF these various estimates, an
area Of $780, AS acres planted for the next crop
Of cotton.
The condition Of the crop is estimated by the
Agricultural Bureau 1t 95% per cent Of perfect,
and by the Financial Chronicle, 49, l cent of the
great crop, Of 1901 this condition should pc
grown and if the yield p r acre of the crop now
growing shall equal the average Of the past five
years. 10l pounds per acre, the total yield Will be
S,915,7O0 bales that If, bsslng CALCULATIONS on
the average OF estimates CT acreage.
Our cotton market has been suffering from
semi-panic. The decline In prices for the past
week has been very rapid. The principal cause
IL the freedom with which cotton mas been
offered by southern planters and operators for
the fall months. Llverp Of seems to be con-
founded, staggering, as that market is under
large stocks and unfavorable advices from Man
chester, but 1t ls not prODaDie thdt any serious
financial compile atoms viii arise from the exlst-
ing posture OF affairs. The current crop is dis
appointing to what are termed the 'long crop
men !" and yet the bears have had the best OF
the contest with the buls, for the reason that the
deficiency in the quantity has been made good
by the improvement In quality; for the cloth
producing capacity OF the crop OF 1874-5 is de-
clared TO be FULLY equal to that 1873 4, though
the quantity is probably . quarter Of . million
bales less.-N. Z. World.
The Market for the Next Crops.
IN. Y. Bulletin, a2d in,tl
As the season has arrived for estimates upon
the growing crops and their prospective outlets,
it s Of some Importance to ascertain what, II any,
changes have occurred in these outlets to d.
miuish or increase the demand. 4.
First, as to home consumption, there is some
probability that the amount OF food consumed
per capita of our population will be less than
last year, in consequence OF the arrangement Of
our leading industries, by which SO large por-
ton OF the lsborng classes have been deprived Of
employment. For, although the same has been
true to great extent the present season
on account Of the strikes, it must be remem-
bered that these unemployed men were largely
fed out Of the surplus earnings OF the former
wears, which the returns Of the savings banks in
Act :ofu oh hav am haa