The herald., 1896-11-29
Local, Eastern AMI Foreign
Commercial Dealings
WALL STREET SPECULATION
Exports and Imports for October and for
Ten Months
American Merchants Sympathy With Gu
ba-Protecting the Reputation of Cal
ifornia Canned Goods-Raw sugar
Supply for the Year

There is no mistaking the fact that the
American merchants have a deep sympa-
thy for the struggling people of Cuba, who
are oppressed by the acts of their task
masters, whose slaves they have been for
generations. Americans know that the Gu
bans have as good reason for rebellon
as our fathers had in 1716 and they will
side with them. and it is only question
of time when they will give expression to
publis sentiment The administration,
feeling bound by treaty obligations. has
not listened to the voice of the people.
There will come an end to obligations.
and Just as Spain ended them in 1861 and
rushed in to grant belligerent rights to the
confederacy. She can hardly declare II
unjust to be asked to take dose OF her
own medic dicHe.-Phiadelphia Prices Cur
rent.
The San Francisco fruit exchange has
the sympathy and support of every right
thinking person in its fight against the Bal
timore packers who counterfeit California
labels AS previously published, four of
these packers have been indicted and will
shortly be brought to trial. unqueston-
ably this marketing of cheap goods under
bogus California labels is an offense
AGAINST California's reputation for high
grade canned goods. more especially be-
cause the quality of the Baltimore goods
packed under California labels is usually
bad If the goods We're just as good, the
practice would stil be a crime; such use
ul inferior goods makes it much worse.
And then it is such Il ueless practice. AS
hefore explained, the Baltimore packers
derive no benefit from it. The jobbers
10 whom the goods are sold know all about
them and pay no higher price for them.
Neither do they sell the more readily un-
der the California label, for the same rea-
T1Ira tS / 4 inl fnt hD
commission of misdemeanor whose doing
benefits the author; there is absolutely
none for a misdemeancr done idly and
otitlessly.-Groccry World.
Dispatches state this years raw sugar
supply of the world surpasses that of 1895,
Notwithstanding the enormous Cuban de-
iicit. according to official statistics re-
ceived at the department of state from
Consul General karel of st. Petersburg,
Mr.. Kaler reports that the Russian wheat
and rye shortage will be more than made
up by the increased beet sugar production,
and adds that this increase is common to
other European countries.
The committee OF Russian ministers Of
hcially determines for each period of pro-
duction the quantity of sugar to be turned
out by the sugar factories for the home
fnarkei, which this year was fixed at over
$4,000 tons. an excess over last year of So.
900 tons and the ministry of France has
concluded to lower the prices on account
of the cheapening of manufacture, the i'm
provement of beet cultivation and this
years excellent harvest. the new price
being 81. SO per pood of So, liz pounds, against
S2.4i last year
The official Russian estimate of the
worlds raw sugar product for this year
is as follows
Production of beet sugar, 1850. 600 tons;
production of cane sugar 2,6s5.0o0 tons;
stock on hand. 1,15O00O tons. Total, 5, 765, :
COO tons. Last year the corresponding
total was $3.50. 500 tons.
The estimated consumption for the ensll-
ing year is placed at 7450. .O00 tons. The ex-
port from Cuba, the principal producer of
cane sugar. is estimated in round figures
at 100000 tons. and 1t is said probably will
not reach that amount. In the season of
1896 Cuba furnished the worlds markets
with 1925 tons in 1S94-5 with 75i, 4O2 tons,
and In 1893 with l., 160,172 tons.