The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-06-18
COMMERCIAL MATTERS.

COMMERCIAL MATTERS.
We are indebted to Messrs. Marks & Co..
for the following monthly coffee statement:
Imports direct from Rio de Janeiro from LIST
July, 1873, to Both June, 1874, 13O,OS5 bags;
1875, 200, 536; received since. 200, 536; sales
since lat July to date, 200, $50.
Marke-Cargoes prime 1S4@1Sa, good 10
a18i, fair 17lC917l, ordinary to low 1aar =
@ (gold).
Boston now has over 100 frst-class WOODEN
manufactures, all of which have sprung up
within the last twenty five years.
The Philadelphia wholesale tobacco dealers
have agreed to close their stores during the
summer at p NJ. on Saturdays, and 7. III.
during the week.
The Grievance Committee of the Phlladel-
phia Maritime Exchange will be called upon
shortly to decide their first case. A ship
broker charged commission merchant with
the offense Of taking away one OF his vessels,
and with the assistance Otanother broker pro-
curing her freight.
In 1858 thirteen gentlemen, of whom Presi-
dent Jackson was one purchased the proper
ty Of the Augusta (Ga Manufacturing Com
pany (now known as the Augusta Factory
for $40, OO0 on q credit of ten years. They
then subscribed and paid in $50, 900 as q cash
commercial capital The property stands to-
day on the company's books at $4,000. The
dividends on q capital of 100000 were for
eight and three-quarters years at 20 per cent
per annum, and for one and q quarter years at
IL per cent per annum.
The financial condition of Cuba, which has
been very unsettled of late, is said to be i'm
prcving The receipts from revenue have
placed sufficient in the treasury to pay the
arrears of the troops and the running ex-
penses. The government has also been en-
abled to return $500 QUO of the 50 600, 600 re-
Gently borrowed OF the Spanish Bank.
The opinion is prevalent that passports are
not now requisite for strangers entering
France, but stran sers are required to prove
their identity when questioned. Passports
are required in some OF the countries OF
Europe and elsewhere, hence the necessity OF
being prepared to prove nationality when
required applies to citizans Of the United
States equally with all foreigners, and not
only in France, but in all foreign countries 8
passport is the most effeciual and authentic
means Of establishing the nationality OF the
person named therein, and may save the
bearer much annoyance and detention. 1t is
therefore suggested that all American citizens
about to travel out of their own country
provide themselves with passports before
leaving home.
In 1920 the average daily consumption of
wine in France annually was 81 quarts; in
1000, OF 4uhIte, IL AOOo, AVV 4unA ecS oAN Al
1874, 2l7 quarts
The report Of the Georgia State Commits
sioner of Agriculture estimates the corn acre
age per cent, or 152, 9l6 acres larger than
last year; the wheat acreage IA per cent, or
SO, 239 acres more; the clover acreage per
cent increase; sugar cane per cent decrease;
sorghum $50 per cent increase; rice II per
cent increase; the number OF sheep OF one
per cent less, and of swine per cent less.
Thu rd;tiOn nf YORK stock a mar cent hA.-
ter than last year.
It is estimated that 83s per cent of the COIN
being fed in the State is home raised.
The assessor of San Francisco has recently
published the assessment Of the city, which
shows valuation of 1910, 0OO, 900 ON real and
personal properly The Chinese merchants
are assessed 1852, 300. and the Pacific Mail
Company s46SO,ooO. Among the wealthy
corporations on the list are the Hibernia
Bank, assessed S13 O30, 147; the San Francis
co Gaslight Company, $1,000, 900; the Odd
Fellows Savings Bank, 81, 349, 577; the Con-
solidated Virginia Mining Company. 81, O0O,-
OOO Sharon, Jones and Ralston are assessed
$500, 900 each. The heavy interests of Sharon
and Jones are in the Nevada silver mines
They reside in San Francisco, Cal, and repre-
sent Nevada in Congress. 1t is probable that
under estimated, for Sharon, q few weeks ago,
paid $3.50, 900 for the Palace Hotel property
Postage Stamps.
WASHINGTON, June IA After the LIST of
July the issue of the seven, twelve, and
twenty-four cent adhesive stamps will be dis
continued by the Post Office, and the new five
cent stamp v i'll be issued The seven cent stamp
is at present used to cover certain German
correspondence, which, under the treaty of
Berne, will hereafter be but Eve cents. The
demand for twelve and twenty-four cent
y~,, hno~> :&nl
ally making up the postage by combination
of smaller stamps. The stamps in use after
the LIST proximo will be of the following de-
nominations. exclusive Of the newspaper
stamps: One, two, three, five, six, ten, fifteen,
thirty and ninety cents. By the combination
of these, the required amount of postage can
be paid while they ut the same time provide
for me payment of all regular rates by the use
of a single stamp.
The Business Outlook.
The Philadelphia Price Current, of Satur.
day last, after noting the fact that trade there
continues in q very unsatisfactory state, with
q general disposition on the part Of both
local and Western buyers to purchase only
for immediate wants, says: ''There is q gen.
eral disposition not only on the part Of the
merchants, but TIE balance of the commu.
nifty, to live prudently and make more
profitable use Of their means. Capital con-
tinues abundant and cheap at all the great
business centers, as just at the moment there
is no safe and profitable outlet for it ("
The Boston Commercial List speaks in q
q similar vein. It says: "a few Western
dealers have made their appearance in the
boot and shoe market, and in this department
we may hear of some activity before the
month closes But from the information We
gather from exchanges and on our rounds
among business men, we look for very quiet
summer. A large number of people are out
of employment, capital is accommodating in the
banks, and collections are very hard to make
Values of wares and merchandise are still
shrinking, and until the cost of manufacture
ing is brought down more in keeping with the
prices Of goods, capitalists will hesitate about
embarking in new industrial enterprises
Business expenses generally are too high, and
a rodurtion of rents and salaries vnuot ho