The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1876-01-18
COMMERCIAL MATTERS. Etc.


Notwithstanding the general business dt
preston, the iron and coal industries of V,r
cinia are growing rapidly.
There are five ships now building at Ken
nebunkport, Me-, OF from 1000 to 1000 ton;
each.
A Quebec shipbui'der has obtained an
order from Liverpool for three vessels of 15n(
tons each, to be built at once.
A Pittstield Mass. man is making trunks
entirely of paper, without any frame and with
no other material except trimmings OF leather
It is claimed that they are stoutsr than those
made Of any other material
A single grain of wheat, accidentally dron-
ped in garden in Hoveringham, England
last year produced Ga. ears and more than
1900 grains OF wheat probably the larpes
yield ever known, but showing what good soil
and good cultivation can accomplish.
The annual statement Of the business Of
Richmond, Va, for the year 1875, shows an
increase in the products of its manufactures
of Sc. O42 5l4 as compared with 1874 Ia
commerce has also increased, and it boaats
both larger number Of vessels and Of 4
greater amount of tOnuage-the latter abont
30 per cent
The science ofagriculture is on the increase
in Sicily: New machines for blowing and
reaping have to some extent replaced the fine
arts. Nevertheless wooden blows are no I
curiosities in the island.
A Pittsburg firm has commenced the man.
ufacture, under letters patent, Of glass ionr.
nal boxes, designed to supplant the brass
boxes now used. The advantages elaine are
cheapness and prevention of fire from heat
ing.
The annual importation If Bath bricks into
the United States is estimated at ten thousand
boxes, there being twenty four bricks in each
uoX Ihese Dicks are manufactured from
the deposits of the river Parrett, Bridgewater,
Somerset, where millions are made Annually
Nowhere else are these deposits found SO
that Bridgewater supplies the world, ard
Bath bricks are as well known in America,
China and India as in England.
Allentown, Pa, has thirty cigar factories,
which turn out monthly 800, OOO She il the
third largest manufacturer of cigars in the
United States, New York being first, and De-
troit second.
In 1850. the aggregate value Of butter and
cheese exported from this country amounted
to only 1884 900. This year the export value
Of cheese alone will be over sl2OOO,OoO.
Currency in Invoices.
An invoice made out in the currency actual
~ paid may be received by collector of GUS
toms If it contains also true statement of the
actual cost Of merchandise in the currency OF
the country whence the goods were i'm ported,
and In all other respects complies with the
law and regulations governing the subject.
Secretary Of the Treasury TO Collector, Boston.
Decision as to a Corn Speculation.
The Chicago Tribune says "a decision Of
considerable interest to the Board Of Trade
was rendered yesterday by Judge Woods. 1t
appears that B. F. Allen, President Of the
Cook County National Bank, undertook in
September, 1874, to run heavy speculation
in corn, using member of the Board OF
Trade as his representative. Certificates of
deposit or margin certificates had been used
to the amount of nearly 500, 900, with no
money in bank to meet them. Not being
paid, suit was brought, and the bank at
tempted to dodge its responsibility by pleading
that the act Of the cashier in issuing such GER
tIfcates at the request Of the president was
beyond the powers granted to a National
bank, and illegal The judge, however, held
that the bank was attempting fraud on in
nocent parties, but that it could not take ad-
vantage of its own wrong, and rendered judg.
anent for the plaintiff.
The White Lead Trade or st. Louis.
The manufacture of white lead is carried
on more extensively in st. Louis than IN any
other city in the Union. During the past
year the total product was IL 900 tons as
against 10000 the year previous. This is o
good showing so far as an augmentation of
production is concerned, but we learn there
has been decline In prices averaging about
fifteen per cent. This would make the con-
dition of the trade appear more unfavorabe
than otherwise, as there has been an increase
in capital employed while the profits have
been very materially decreased. This indus
try throughout the country is among those
which has suffered largely by the general
prostration of business.
The demand is dependent almost entirely
on building operations and the c,use Of it's
decline is obvious. The present position Of
the manufacturer is such as must enable them
TO meet heavy orders with promptitude.
The Salt Trade.
New York Bulleiin.]
The trade in domestic manufactured salt
has assumed proportions during late years
that places it in a conspicuous position among
our principle staple articles of commerce.
No full statement has been presented of late
years relative to the growth of the industry
the country, but from various re
ports from different sections We are informed
Of vast increase during the past five years.
The Michigan Inspectors report for 1875
places the total production OF that State for
the past year at 5,4O9,325 bushels, an IN
crease of 1,42S,OO0 since 1870. In the other
principal producing States the increase on.the
average is fully up to this ratio. which places
The total production for 1875 at about 80, OOO,
300 bushels, or about $4,000. 900 increase
over 1870 With the constant improvements
that are being made in the mode of manufac-
ture, and the augmentation Of the interest
it would not be surprising ere long
20 see cessation Of importations, and a sur
plus for export. The importatioDs Of salt
into the United States for series of years
have been as follows:
Bushels
1875. Is, $50. O45
1874. 16, S97, 1888
1873 IA, $50, 434
1872 II, 232, $40
1871. 10,415, 3O7
1870. 1886, O82