The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1896-05-28
MARKETS OF THE WORLD
Local, Eastern and Foreign
Commercial Dealings
WALL STREET SPECULATION
Where the United States Get Pine
apples
Wonders Of Electrical acknowledgements
Cotton Crop-Winter Wheat Acreage.
Changes In the Local larkets

An Eastern paper says: at is reported
that an inventor has succeeded IN teie-
goodbye to postage stamps ana ..r ~, mail a 10
bags" Again the report runs: ,fhere are
now lo62, 200 miles of telegraph lines n u exc cSo
istence, more than half of them, 5i5,6o0
miles. being in America"
Combined with this the facts about the
telephone and kindred electrical devices les
and the problem of the future in one OF its
elements is clearly defined. The applica-
ton of electricity to mechanical devices
and thus to business is still in It's imam
cy. In the sweet bye-and,bye, not only the
motive power but all the lighting and heat
ing of the world will be by means OF the
still mysterious and imponderable current.
AS an incident of first Importance Is the
value of good copper mine.
The Cincinnati Price Current says: Gov
eminent figures imply If the acreage Is
%, 900, the indicated crop is 3O0, 900 900
yea srss s coo I bnshes The chances IA
vor a much narrower difference between
the two seasons
1t is estimated the United States rail-
way mileage may eventually equal one
mile to every square mile of territory or IL
has her proportion. The Railway Age
thinks ! $50 miles may be laid in 1896. against
$4,000 miles in 1887 when the greatest mile
age was laid.
Great cities are growing greater very
Since $780, New ' YORK s. p w cent Philade
phia rs per cent. A leading engineer esu-
mates 1920 will record Chicago with popu-
lation of S,2OS00O and New York 6,191 ,250,
Philadelphia 1902, 932.
There have been eighty arbitratons of
International differences since 1894, and the
United States was interested in forty-sev-
en- cases.
The French investigation of the Egyp-
tian cotton situation reports ], 900, 900 acres
under cultivation. Production last year
Nxfnc vNlaa L.l. - lie,
Alexandria receipts equal 1000. 900 bales so
far this season. The Indian production
IS reported increased to about 100000
bales. Receipts, at Bombay in 1895 were
1.S7S,00O bales; thus far this season they
are 900 bales, and exceed any previous
season.-Clapp's Letter.
While most of the pineapples sold in the
United States have. within recent years.
fruit in Florida has rapidly increased, and
last season SO. 900 crates were shipped from
SECTIONS of that state other than the Keys.
The output from the central and northern
part Of the state this year is estimated
at $4,000 crates, while but for the damage
to new plantations by freezing few years
ago, crop amounting to 100000 crates was
counted upon for the next few months.
The Bahamas. formerly furnished the
sailing vessels taking four to five days
10 reach this port. while unfavorabe winds
made g voyage, of twenty days not unus-
ual. Most of the pneapples now coming
from Nassau and other ports of this group
arc consigned to Baltimore. where they are
canned. AS many as $500. 900 of these pine
apples have reached that city within the
past four years and large quantities are
canned on the island. Nearly all the Gu
ban pineapples come to New York 200, 900
barrels and more constituting the imports
for year These pineapples are all grown
near Havana, and shipments continue
throughout the entire year. The season
begins, however. in the middle of March
and continues at its height for four months,
while the Bahama season is a month
later in opening. Some of the choicest pine
apples have in recent years come from the
indian river section of Florida, and eXcep-
tionally large and high grade fruit comes
from Porto Rico. The comparatively small
supplies from Jamaica include some excel
lent varieties. which are in special demand
Tho delay of a day in the transportation
of this perishable fruit may mean a heavy
loss, ana 1--we twehIy,iour hours OF warm.
extent of so per cent of it's original value.
No vessels specially fitted for carrying
pineapples are yet in service.-The Mer-
chants journal.