The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-08-27
C0MMERCIAL MATTERS, Etc.

COHMERCIAL MATTERS, Etc.
Flour from from the new crop of wheat
made in Charleston, has been shipped to tn,
North-a new enterprise for Charleston.
Europe consumes about 300 600 tons, OF
8OO, OOO, 600 pounds Of coffee per annum. Will,
IN the United States 100, 600 tons. or zoe, 900,
OOO pounds, are annually used.
Oswin Welles, an old citizen of Hartford
Conn, and an extensive packer of tobacco
whose business operations have been widely
extended throughout the country, died there
recently, Of paralysis.
The N. Y. Journal of Commerce asks the
Postmaster General to work reform in his
department in the manner in which letters
and postal cards are stamped, saying they are
80 indistincty and illegibly stamped as to
make the date practically of no use, while it ID
very frequently the case that the whole value
OF the letter or postal card depends upon the
place and date
The Cincinnati Price Current says: Some
recent occurrences in lard transactions have
induced those in the trade who are interested
rs manufacturers, brokers and consumers of
summer or current make lard, to petition the
officers of the Chamber of Commerce for a
rule governing the manufacture and inspec.
ton of such lard, the following being recon-
I
make lard shall be standard, made from head,
gut fat, leaf and trimmings in the proportion
In which the same come from the hog; white
and sweet; steam rendered"
There are now some ITO silk factories in
the United States consuming annually
$500, 600 worth of silk (gold). The princi-
pal manufacturing States are Massachusetts,,
Connecticut and New Jersey. The growth Of
the silk industry in this country has been ex-
ceedingly satisfactory, and furnishes most
encouraging outlook More money is being
invested, the capacity of the mills is being
extended, a greater degree of skill is being
developed in the handling of the raw material,
and greater success attained in fixing ether
subdued or brilliant dyes. While other in
dustries show stagnation, the silk manufactu-
rers are running to their utmost capacity, and
the consumption up to the present has
amounted to nearly the average of the M ost
prosperous years.
There are now engaged in the Monongahela
coal trade l25 steam t0wboats and 5000 barges
and boats. which have an aggregate tonnage
of 1, 300, 600 tors-a tonnage greater than all
the rest eaaoat in the Mississippi Valley
greater even than the combined tonnage Of
New York and Boston.
The wheat crop of Minnesota was too much
for the young grasshoppers Of 1875, and these
pests were Obliged to leave growing plants
which produced about 80. 100000 bushels of
grain. The st. Paul Pioneer Press estimates
that of this crop 25.OOO,OOO bushels will be
for sale, and that it will bring to the State
over $23. 100000, or more than twice as much
as was obtained for the crop of 1874.
The Japanese are shipping bricks to Cali
fornia, and sell them cheaper than those
made in that State, Notwithstanding that
there is an ad valorem duty Of 20 per cent on
them. The Japanese brick is 81 inches
long, d inches wide, and q inches thick
The Treasury Department is in quandary,
owing to the unparalleled generosity of GER
tain bidders who offer to print the check
stamps for nothing. As there is some doubt
as to whether the government can accept such
an offer, the matter will be referred to the
Department of Justice.
Customs Deci. ion.
The United States Treasury Department,
upon full consideration OF the question
whether certain classes of goods described as
striped and fancy Italians are, as claimed by
importers, entitled to classification either as
"women's and children's dress goods" or as
real or imitation Italian cloths, thus subjec
ing them to square yard and ad vslorem
duty, or whether they should continue to be
classified under the decision of the Depart
ment, dated August 29th, 1874, as manufact-
ures of worsted not otherwise provided for,
thus subjecting them to duty per pound and
ad valorem, is of the opinion that the rule
prescribed by said decision of August goth,
1874, accords with the intent of the original
act as reproduced on the revised tariff of
June %, 1874, and hence, that the article
commercially known as striped or fancy
Italians, if containing worsted, is dutiable as
q manufacture of worsted not otherwise pro-
vided for, but if containing no worsted, and |
made wholly Of cotton, is dutiable as manu- |
facture of cotton.
European Crops. |
The Mark Lane Express London, Aug. 23d), |
in its weekly review of the grain market says |
the wheat crop in Great Britain has been |
gathered in much better order than was ex-
pected. Prices generally yielded from 1@2 |
shilings, and in some cases 2@3 shillings.
New samples look wellin comparison to those
of last year, with less acreage and diminished |
yield. The Paris market also felt the bene-
fetal effect of the weather, the price of -four
having declined shillings per sack. In
many parts of France the harvest has been |
gathered, but in no section will it be anywise
like that of last year, Accounts from the con-
tinent differ somewhat, but all agree upon the
fact that violent local hail-storms, with unusu-
ally large stones, doing much damage. have
visited France, Belgium and Holland. Prices
are but little changed on the continent. In
Germany, markets are firm.
why IL Not a Greesback Note ms Good rs a
Bank of England NOtes
A problem that some of the great minds
among the infationists might cog;tate with
profit is this: Why should Bank of Eng
land note, for, say ten pounds, be of so much
more value, even in this country, than a ma
ional bank or greenback note of fifty dollars
Both of them nominally represent about the
same amount in hard money, the difference
being in favor Of the American note. Both
are promises to pay legal dollars Of fixed
value, and yet man could buy more provi
sions, clothes or anything else that he wanted
right here in Baltimore with the English cur
rency than he could with that issued under
he sanction of our own government and Sc
cured by it.
The answer, of course, is that the foreign
note is worth precisely what it purports to be;
hat it is an honored and not dishonored
promise to pay, and that it is redeemable at
my time in honest dollars. So much being
it can not be disputed-does it
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