The herald., 1896-08-27
MARKETS OF THE WORLD
Local, Eastern and Foreign
Commercial Dealings
WALL STREET SPECULATION
The United States Made a Dumping
Ground
The Peanut Crop Of ISo6-What Spain Is
Paying for War Ships-cuban TRADE
Parnlyzed-Locnl Markets

The cargo of 600 punches of bananas that
arrived here yesterday august 1O) from
Gibara on board the Norwegian steamship
Bratten will be the last of the kind that
Will be imported from Cuba until the war
is at an end. Under present restrictions
imposed by orders of Captain-Gener Wey-
ler the Importation of this fruit from Cuba
is now found to be Improbable. The
Brattens capacity Is over 10000 punches,
and although she was detained in Gibara
nearly three weeks she secured but half
her cargo. There are a number of fruit
steamships lying in Gibara awaiting car
goes, but they will be compelled to lie there
for some time yet, as the bananas are be-
ing brought down from the closed ports in
small lots by lighters. Captain McKer-
mann of the Bratten says that the people
In Cuba are at present in a miserable condi-
ton. There is absolutely no business be-
ing transacted. All the principal planta-
tions have been stroyed.-Philadelph
Press.
People may be attracted to the store
and goods go out in large quantities on or
ders, but the dealer must gauge his stand
ing and prospects not by these things, but
by the amount of money that is daily re-
ceived in lieu of the goods. This seems
too obvious to require to be stated yet
until the same efforts and energy are di-
rected to the collection of the cash as to
the attraction of customers and the So
called selling of the goods by grocers gem
orally, no person familiar with the meth
DDS employed in the business will doubt the
necessity for the reteration Of the propo-
sition. Never make the mis- take of saying
Some other time will do as WE'LL" or IF
quite convenient when a customer prof
fers the price of an article or the amount
Of a bill of long or short standing. If you
90, the next time customer runs up bill
he will probably have to be dunned. You
are entitled to your money when the goods
change hands, and beyond the ordinary
courtesy of life nothing is required of you
other than an acceptance of the amount
toner offers to settle.-New York Mer-
chants Review.
The large expenditures of the Spanish
government upon warships is attracting
a good deal of attention. The marine de-
partment has given out contract for two
torpedo boat destroyers at price equiva-
lent to some $50, ,0G0 pounf 5 dearer than the
tender of one of the leading firms in this
class of naval construction in Great Brit
ain on the plea of quicker delivery. 1t is
also publicly stated, and repeated in the
press without any contradiction on the part
Of the government organs. that the min
1ster OF marine has purchased from firm
OF sh1pbuiders in Genoa two cruisers of un-
der. 1000 tons displacement with speed
Of ed ot twenty 6d miles, for the enormous sum of
42,Ooo.CO0 pesetas. representing at the ex-
change of the day over 100000 sterling
for each vessel. Nothing short of panic
can explain such prodigal expenditure OF
public money.-London Times.
The result of inquiries made of CORES
pondents by Holmes & Dawson, Norfolk,
Va. who are extensive dealers in peanuts
show the following relative to this crop:
Forty-four. per cent of the replies give an
increase of 20 per cent in acreage over last
year; A per cent report an acreage
about the same, and u per cent a decrease.
& nc mt any oAl
and the balance poor. Extensive rains
have effected the vines considerably and
cent of the correspondents are OF the opin-
ion that a full crop cannot be made this
year. Holmes & Dawson sum up the re-
port with the conclusion that the INCREASE
in acreage. will be about 15 per cent over
lat year throughout the peanut, growing
country. ry.-Manufacturers' Record.
The United States unfortunately seems
to be the, commercial waste basket for
cheap grades of food products that other
countries refuse. 1t has long been I'M
derstood that there are admitted to this
country some grades of tea which would
tries, or In their own II they were forced
to stay there. 1t is charged now that a
great many, of the Sicilian lemons and or
anges which. come here are of very poor
quality-much poorere than those which
go elsewhere. Wheat is the trouble? The
minute this country becomes thoroughly
known abroad as an easy land which
will take the refuse spurned by other
countries. we will be overrun. The most
feasible plan would seem to be the passage
of laws excluding from American ports
all products below a certain reasonable
standard. Such law would be directly
result in inestimable good both to the mar
lSets of the country and its inhabitants.-
Philadelphia Grocery World.