The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-10
COMMERCIAL MATTERS.


BY a recent act of the Norwegian Legisla-
:ure, Norway, Sweden and Denmark now
have q common currency.
St. Louis boa Is of 49, 900 inhabitants,
city debt OF Sl4, 594 900, property with an
assessed value OF $4,000, 600, and an in
crease Of debt last year over the previous
year of sG41, GIG.
The employees of the Newburyport mills
the Ocean, Bartlett, Peabody and Macomet-
have given notice that they will strike in two
weeks: also the Lawrence, fremont and SUI
folk mills, Of Lawrence, Mass, are reported
to be about to strike.
The Dry Goods Trade.
The iobbing trades are not SO active in New
York. Thus the New York Economist and
D,y Goods Reporter, Of the Sd, reviewing the
condition Of trade for the week, says:
TIE dry goods business has not shown the
action that was thought would follow the adj
vent of such charming seasonable weather
as marked The opening and has ruled through
the week. That business is generally slow IN
every department outside OF dry goods Is
fact that requires but little evidence to sustain,
while one OF the surest witnesses is the great
number Of senseless articles constantly APP
pearing in the daily press npon the large pre-
parations for spring business in dry goods,
zhe tlattering prospects, tho abundance OF
money, and many other reasons alike wanting
In correctness.
Stngnati0n In Birming ham Trade.
Complaints Of the slackness Of trade in
Birmingham (Eng.) are very general now in
the export department., the only conspicuous
exceptions to the rule being in the cases OF
che Australian and Eastern markets. From
Canada, the United States, and the various
countries of Southern and Central America
come the same reports of heavy stocks and
dull markets, to viii :h must be added, in the
cases Of Chill and Peru, considerable
amount of monetary stringency-the usual
reaction from over-trading
The French Vintn9e.
A Bordeaux letter, in Bonforts Vine and
Liouor Circular, under date OF March 10th,
says:
TIE wine-growers of this department have.
on the whole, been much favored in point Of
weather In December and January the tenn
perature was much too warm, and good deal
Of anxiety was felt that it would do more harm
than good to the new wines. But fortunately
these fears are not realized. The weather is
some time longer. which is not only favorable
for the development Of the new VINE, but also
prevents the sap from rising too soon or too
rapidly in the vines, which is of the greatest
consequence for the prospects Of this years
vintage. The accounts from the Vineyards
are perfectly satisfactory; the buds are in a
normal state of advance, and will not be too
forward by tie end OF April to suffer much in
Jury from the night frosts, should any occur
about that period, as is usually the case.
The Silver Resumption Plan.
1t is estimated at the Treasury Department
chat between 100000 and So, GOO, 900 Of
1 A.. "a
during the present month. When SO, 600, 900
of silver coin has been accumulated the exper-
iment Of paying it out in lieu of the present
fractional currency is to be tried. 1t is safe
TO say that if gold continues above lie the sill
yer com will all flow out of tue country.
Provisions Review.
st. Louis Republican, 18th inst.
Stimulated 10y the remarkable speculative
excitement and activity in provisions III Chi
cago the market here has also been excited,
and prices have advanced from day to day,
yet without the accompaniment Of the active
speculative movement which might reason
ably have been looked for and certainly with
out any very active order trade, which as
reasonably could not be looked for
The conspicuous features of the market
this week have been an excited feeling, and
daily advanced prices on the product, but
without the accompaniment Of an active
movement. The order trade has been nothing
unusual, while the speculative change of pos
session Of property has been in effect very
small, showing one of two things either
want Of speculative enterprise, or of conf
dence in the stability of the present prices;
both true to some extent. In barreled pork
on order account there was but moderate
business, and in futures comparatively little
the sales on orders aggregating only 6l75 bar
e. H,,Ar, ALI NIX
But prices were advancing at the rate Of 25
(a,5Oc day, standard selling Tuesday last at
S2lCa21 IS. and the week closing to-day at
$22 80, establishing an advance for the seven
DAYS OF 81 25 per barrel. Not enough was
done in futures to show the strength OF views.
In none of the product was there much specu-
lative animation, except in dry salt meats,
which were in rather active and fair specula- |
tive movement The speculative movement
in bacon was very limited, and in lard oe no
consideration. Futures in dry salt comprised
500, GGO lbs for April and May; Wednesday
100000 lbs clear rib, seller April at lie; Satur-
day 100, 900 Tbs same, May. at 12c, and 100, 900
Tbs Mohday, for May, at 12c.
The spot trade in loose meats, mostly /
speculative or for bacon, and much Of it up
country deliveries, was active, comprehend
ing about 3, 500, 600 pounds, mainly at SIC for
shoulders, 11tc for clear rib sides, and 12G1 |
12sc for clear sides, the week closing at
higher figures for clear rib sides, and clear
sides at l2c and l25c shoulders the same.
Packed meats were advancing, but fraction
ally only through the week, shoulders selling
mainly at SIGSac, clear rib sides at 1lic, but
closing at 12,c, and clear sides at an ascend
ing scale, closing 'o-day at 12!c
Bacon was in demand on orders but in very
close supply. but from these circumstances
and the reflective effect of the advancing
market for the other product, prices were up
ward yet not notably. There was some OPP
ton movement for June, including 600, 900 lbs
clear rio sides at l23c, but mainly in clear
sides 1T l3c, packed shoulders showing an
advance at the close Of the week on the
close of the previous week Of ac-sales
this week being at Sc until Saturday, Gle
and 9sc and egc since; but clear
Rib sides exhibiting an advance in the same
time OF lie, closing last week at 12G9 l2gc, and
shis week at 13G 13sc. Clear sides sold last
Tuesday at l2A@l2ic, and to-day at 13l@
13Ic. Sugar-cured hams were in fair demand
at l2l@l4sc tor unoanvassed. and l4a@l5c