New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-08-17
COMMERCIAL NOTES

Indiana is being secured for emigrants to 20
20 Mississippi At meeting In indianapolis. recently.
nuudIed heads OF families said that tAey were VIII
ing 10 go.
So many new vessels are building in Eng
land especially steamers. that the English shipping
brokers say that they begin fear tho carrying trade u
the world is being largely oytrd0ne
The masonry Of the palace Of the trooadero
for the Paris Exhibition year nnished. The en-
tabature to 20 into place now add It l. said by mo
Paris papers that work VIII soon beglu on the roof
Germany has been in the habit Of importing
an average Of go 900 horses year since ls72 and
pOrn. only 81 600 Since the Let Of January last the
importations have fallen of and the expectations IT,
creased immensely that At the rate things are going
on now the excess 81 imports IN 10. would Only %
I4OO against 81. 900 ~ ordinary years. This -
why Germany nas forbidden the sending away OF AoTsos
from the Empire fOI the present
The Baltimore and Ohio persists IN It's de-
mand for an advance in rates 10 the Adams Express
Company The latter persists In ito REFUSAL aud Is veg
completely nanGing the Baltimore and Ohio people ny
supplying al tue man points on t1elr me sush a. bii,
Piedmont, wheeling, etc, by othcf rioiGs Tic Adlihs
Express has been go much more rcasonape ana it.l
Ia ita charges than OF the railroads. ANA has boon
particularly valuable an ally 10 tao newspapers that
il VIII be sure OF plenty OF sympathy IN tc presea'
struggle.
There is one point in the situation this year
in regard to grain which ia not too early 10 call a
tcntion II is fact that in spite OF The events abroad
which tend 20 put up the prices Of grain ANA insnrea
rapid and ready marketing OF the surplus crop OF the
United states, there Is such thing as stopping the eN
port trade entirely, by taking TOO firm an attitude IA re-
gard to prices Farmers in California know that - .
was paid for small quantity Of wheat about the ls o.
NAV and do not understand why the whole crop should
not realize that figure. They accordingly demand 20 p,
which u an ex.rayagant price, aud the r-'t =
that $4,000 tons OF lde shippihg nv ltup
FOR wheat rocking NJ anchor IN san flancs,' ~,
and thousands Of tons OF grain are lying piled u 20 ihe
City. awaiting purchasers no one VIII touch tns gaA
port market Is extremely sensitive TO prices. ara tAe
fllng or from shipments IN Atlantic ports during ne
ten Moderate shows the fact clearly enough even
were the California illustration not aNailablf ioI lty'.
Now, while good and payne prices are Insured iof DIS
wear IL ought 10 be thus early I'm The selso
that the fu adyantl Ot The present SITUATION "
things one Of which l. ready sale ~ surplus pfodleI
can only be- secured 10y letting wclienOugh alone pug
avoiding extravaganza and defiance ma the hAlnk -
prices. Prudence and good judgment viii make iils
thirst Tor immense profits Will fling away the b,ss oppoi'
tunity the country has had for wears
The defeat of the commercial bodies oil ths
CITY in their praiscworthy attempt improve
ment of the terminal facilities of the Port hy The oenms
of the Belt Railroad to steam uac 40 night ne'd n''
seriously impede the work % creating improved facV'
here The irporaton Counsel has decided I'l"
10 permit The Ncw-York Central Railroad 10 Ian Us '-
upou sach lcgs OF steamship companies as are ''.''
on the Hudson River north 81 Canal g. several ni i''
and mi tha zion il now seems possible 20 bring car iia
ship close together 40 several points ana .e,uie I
i
enjoy and have proltci 6y 50 largely l.e' ry,s
De "A lack OF proper warehouses adjacent 10 ll Ns a
but nj any rate number u teunni for ihc l'itH
the steamer piers would bc created, snd i. "o"l -
great benefit Ia the city. There Is good ii... . M
cviue Also that the example set ON th7 sde u ~ 80
son River would be- followed ON the othet ana tns
Pennsylvania aud Erie Railways wudli create lo' ~
~. ,s- exactly the same sort OF terminal facilities =
Central would have. They can both 30 lhis c's', rd
| hove A large number q. WhafFes ~ Nlrt N''.t
/ ON the River available foi oiealhsnils' -
| steamships already occupy some OF u., 20. i..,-ni
have ONLY 10 Law tracks To those piers :" cir'" do
terminal connections. They have been hrr ga 49,
ms i'm the past aud the Erie Road losi ih, ss
steamers because it refused a. ac,ede 4" lns "a
Nnw they will both do L To he sufc tlH VII i. ,tho
Great a henent 10 NeNlork City proper - M"u' ia
terminal arrangements were made on lhiH s'.e "a IN
stream bur it will hep the business ot the f"i' '
! n ioes not augment oar wharf revenues ,
The total loss by exchange sustained oy '".
| Fast Indian Government on transactions ia l0h'oH ~.
| ls-s'77. "a estimated in the budget amounts
enormous sum Of o675.5oo This lose Is oa''n! ar'
| the arrangement OF the silver MARKET Whoh "a -,
exchange between India and London verT un'"'..-
for the former In order Co escape this loss N 'ne -
a. tar "a possible the Indian Government aSA"d OF
ment the,pryilege OF issuing treasury bills % vac
| ~ Nj . 500 oOO on the distinct understanding 49,
power should Gully ba used whom the indian -.,.
could not possibly sell theis pniA| ~ ''-~