The herald., 1896-08-08
MARKETS OF THE WORLD
Local, Eastern and Foreign
Commercial Dealings
WALL STREET SPECULATION
The Trnst Loses $l,000,O00 10 Recent
Sugar Deals
New Arrangement as to Mexican Maiis-Pop-
u'ation Of Hexiso-1sxican industries.
Local nsrket Changes

Attention is called to the fact that re-
cent order has been promulgated for the
expedition of mails across the Mexican
border which provides for the exchange
OF mails between the United States and
Mexico by means of the railway postal SER
vice This does away with the stopping
OF mails at the postoffces of both coun-
tries along the line, and effects saving in
transit or twenty-four hours. and more
IN some instances. The mail allowed to
thus pass without interference is restricted
to unregistered letters. postal cards and
periodical publications. and all postage
Is required TO be prepaid in full. This ex-
peditlon of our through mails to Mexico
is of great Importance 10 our commercial
export interests.
The federal census of Mexico, which has
just been completed. shows a population
of u, 2,542057. The population of the princi-
pal cities is rated as follows: City OF Mex
leo. 1885; Puebla, 91,9l9; Guadalajara, 50, =
ss ~; Sau Luis Potosi ,Ss.67o; Monterey, So, =
go % Merida. o. 1O2: Pachuca, o2,lss; Durango,
42,ls6 Zacatecas 40U25.
1t Is authoritatively stated that the trust
has lost on raw sugar nearly 81, 600. .OOO The
were very high, and are now compelled to
seeil se renned at a price just shade above
cepts during the first six months of the
current year show deficiency as against
last year of So. 900 COO. This is due to three
causes One is the straight loss through
the depreciation of raw sugar. as previous
ly explained. The second cause is the
stringent competition which foreign re-
The influence of this competition can no
longer be ignored. More and more Of the
foreign sugar Is coming to be used every
year. because 1t embodies equal quality
at q lower price. The trusts arbitrary
methods have also had great deal to do
with ,estranging the trade to foreign sugar,
whatever. The third cause of the trusts
disaster is the small margin of profit which
various causes have compelled. This is
partly due to the foreign sugar compe-
titon.-Grocery World
Last week the several associations of the
sion was secret and the official announce
ment was that no price was made.
member of one of the associations present,
however. reported that really price was
firm viz: : cents for hard shell and Sia
cents for soft.
A good credit is of vast Importance to a
business man. With good credit he can
get about anytime: he he wants. while; OF
centnua hndrance H % ""hfan to hi frsGa In makns M
UP reports of mans financial standing
one Of the things mercantile agencies es
ries life insurance or not. The fact that a
man carries -goodly amount of insurance
for the benefit of his estate materially
strengthens his commercial rating and
helps his credit. Thus life insurance be-
comes not only a protection in the event
of death. but also protection in life
Dominion Grocer.
The largest cotton mill in Mexico is the
Casa Blanca" in Orizaba. 1t Is factory
with magnificent plant. with the most
improved machinery and turns out print
and Gotten goods to all appearances equal
to the imported article. 1t employs some
1000 native workmen, in whom the wonder
full adaptabilfty of the Aztec type is sc
, pronounced that they readily become adep
, at any art. The uneducated Indians handl,
! the most delicate looms and other machin
cry. and the highest wages paid in the fac
tory to expert hands is 6o cents silver pei
day. or an equivalent of 80 cents of oul
money.
At a large biscuit factory in Mexico tbs
highest wages paid Is 40 cents silver a day
or a ahcut 20 cents American gold For sim
liar labor the New York Biscuit companies
and other lar~a bakeries throughout this
rountrv pnv 50 80 per dav The product IN
both of the Mexican factories visited is
highly protected bv the government. and
in tie case Of tie biscuits there is duty
wh on ia equivalent to about 6 cents per
Mound American gold. These products arr
'hus placed upon the market at slight
-o6u~.ion Unnn the irrnorted article. and
the manufacturers are thus enabled to m ak G
q double profit first through rheap labor
ord aeain by high protecton.-San Antonio
Express.