New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-27
COMMERCIAL NOTES.

Norfolk claims to have grown to be the Sec
ond cotton port of the South in five She has three
cotton presses going night and day, to load ships
The business of sending beef and mutton 10
Europe growing to astonishing proportions Inc eS'
proposition is fit up the Great Eastern Tor THIS rade'
She would carry over loo,ooo pee'es'
The expectation of the excellent soaps OF
this country in large quantities has crested soap panic
al Marseies Nearly all of the $4,000 people employed
in that industry there are out OF WORK. ana "ohuehS
what TO do next.
Not an uncommon sight on the large and
swift steamers which from this city to New-London
and Norwich Conn., is to among the piles OF freight
large lots of goods bound TO and from the West lots OF
WOO especially These goods come 10y t I n9r New
YORK state railroads having direct Western connections
This striking comment both on the excellence ol the
management of railroad route via Ne-London and
the steamers aud on the absury of rates adverse to
New-YOrk by way of the New-YOrE Central
Tile Graphic states that the canal steamer
Rapid made trips Buffalo TO New-Iork last season
in eight days with loads of grain cost of only sol SO
per trip and SAYS With vessels like this on the canal,
and the barge system in Tpoymen on the lakes New
York need fear competition with New-Oreahs III inc
future and would regain vast amount OF her alreauy
Rapid propelled oy screw is operated by Two men,
carries ZOO bushels OF grain and is butt TO low con
sort carrying 5000 bushels OF grain ms DOat no" ICES
IN the Morris Canal BASIN People VINO thlhk the Lre
Canal ought 10 be closed Woulu 90 wen 10 s'uuS o per
fOrnances OF the Rapid
France At a meeting OF the Society for the En-
enlargement Of National Industry. NJ. Laboulaye pre-
sened to the society OF these machines which, he
said "has had great success IN America Tor several
years is already very well known in England and now
makes its appearance in France" The society had
already heard OF machine. Lawrence smith, one OF
Their spOndents had sent them letter on tue gas
wells of PeInsy yana, received Feb IL, 1876, which
was written with of the new Inventions Ihey nau,
however, seen specimen OF the machine me
greatest interest manifested in the one presented TO
in "a way that promises TO pave tho way Tor sale IN
France
The United States is enlightening the world
with something besides Liberty and millions Of dwellings
in other lands are now made brilliant with the pleasing
blaze Of her benehcen petroleum. The extent TO winch
the United States coners this oil on the world III large
however great IL now Is, Is nothing compared WIN
what il is likely to be after the Kentucky oil helds are de-
yeloped Attention now turning IN that direction
The oil fields are in the Cumberland Valley in Madison,
PULASKI, Lincoln WAYNE, Casey, RUSSELL Adalr, met
ties aud very rich and can be worked prohtaby
company has been formed in New-fork ana Boston 10
develop part OF them and thousand farms nave Deen
leased for Ibis purpose in the valley within six months
The Louisville COuerJournai appears 10 believe tbat
kentucky Will control the petroleum tIdue al 10 oh'S
from this time
A law has been enacted by the Legislature
of North Carolina imposing tax OF 500 upon all non
resident dealers in the fertilizers largely used in the
exhausting agriculture o! that State There is only one
local fertilizer factory in North Carolina this being III
Wilmington, While oO Oulsiue Oh
Baltimore concerns are represented by agents there.
Tho outside dealers intend 10 contest the law They de-
clare IL to be Unconstitutional and they have met and
voted the money To carry on suit TIE claim Is made
and dealers North Carolina but not the large ones
and that this will virtually create monopoly Little
weight attaches to this particular claim however, be-
cause $500 tax viii not prevent lively competition
the soil OF North Carolina for the sale OF fertilizers,
and monopoles impossible where competition IA
free The only objection to the tax seems TO Dc
that it will temporarily increase the price of fertilizers
i'm the State There beng only one native establish
ment the state cannot at present be supplied by home
dealers and the tax will simply be added by outsue
dealers To the cost or the article