The herald., 1897-05-04
OFFICE OF THE HERALD.

OFFICE OF THE HERALD.
Los Angeles, May 8. 1897.
That the butter trade of the United
States should be extended is the opinion
Of Secretary Of Agriculture Wilson. In
m interview he says the United states
last year made more good butter than
the home demand required. shipments
abroad" he said, will be made In the
future, and 1t il necessary to ascertain
for our people what the worlds market
wants and when we speak of the worlds
market. we mean the English market.
The English bought $65, 100000 worth OF
butter last year; the United States sup
piled perhaps per cent Of 1t. Denmark
supplied over $2S.000000 worth. The
United States furnished the cow food to
the Europeans, who made the butter for
British consumption. To this end 1t Is
proposed that the Information be OBJ
tained for the American butter makers
by purchasing first-clase creamery but
ter In different localities of the United
States, having the butter put up in
different kinds of packages-the regula-
ton sixty pound tub. the Australian foot
square box, sealed tin cans, etc. The
agents of the department will see to the
transfer from the refrigerator cars to
the refrigerator steamboats, In New
York, and ascertain whether provision
Is made there for the proper care Of the
butter while crossing the Atlantic. If not,
the department Of agriculture will have
boxes made to protect the butter in tran
cit from bad odors that might come from
meat fruit and other products When
the butter arrives in London 1t will be
met at the wharf by an agent of the
department and put on the market. 1t
will be ascertained what packages suit
the Britieh public best-whether there is
too much salt or too little; whether there
is too high color or too low color; how our
best butter sells there in comparison with
the Danish butter. The whole history
of the transaction will be written up,
from the maker to the consumer, and
thie process will be repeated again and
again, and instructions given to our
makers until the butter wanted in the
British market can be regularly supplied
here by the average creamery men. This
information will be given to the dairy
men of the United States through farm
.ers' bulletins that will be sent to every
state in the Union, and II possible to
every dairyman in the Union. by the
department OF agriculture"
The weekly statement Of the New
York associated banks of the oath ult.
furnishes evidence. according to the Sun.
OF business inactivity In the renewed
accumulation of money at that center.
Since the 18th the banks gained over $3,-
100000 in lawful money, nearly all of 1t
in legal tenders. and from the interior.
The loans have been increased, but not
materially. From some other sources
than those just named the deposits have
increased nearly 81. 500 900. The net re-
suit brings the surplus reserve nearly
up to $4,000. 900.
The comparative statement of the gov
ernment receipts and expenditures for
April shows the total receipts to be $37,-
8i2,135 and the expenditures $32, ,072, ,O97,
leaving surplus OF IS. 5.740O3S, as COM
pared with a deficit of April, in 1896, of
$4,704,4SS. For the last ten months de-
felt is shown of $33, 166, sos. During April
the receipts Of customs amounted to $24,
454. .351; internal revenues. $11, 1,447, ,213;
miscellaneous. $1,910,570. These figures
show gain in the receipts Of customs as
compared with April, 1896, of $12. .636, go
or over 100 per cent.
Unusually large imports Of mating
have been received In San Francisco
from China recently, in anticipation of
the duty to be levied taking effect April
1st. Section $50 fixes these duties as fol-
lows: Mating valued at not. exceeding
1Oc per square yard, &c per square yard
valued at exceeding 1Oc per square yard,
Sc per square yeard and rs per cent ad
valorem.
Corporation dividends paid In San
Francisco during April are figured by
the Bulletin at $74s.041, as against $72s,-
soe for the corresponding month of 1896.
Thirty-six vessels, representing 26. .107
tons, have been sent to Alaska this year
Ter account of the salmon trade.
A trust deed was recorded on the 1st
Inst, given by the Pasadena and Pacific
Railway company to P. M. Green and
Warren Gillelen, trustees. to secure $780,
900. covering all the property of the COM
pany.
:, Imports OF dry goods and merchandise
at the port of New York for the week
ended the oath ult. were valued at $14.-
o5b,266, against $12.275S61 the previous
week and So, 89S, 1877 in the corresponding
week Of 1896. Total imports since jan
uary /. 62.s42. .713. against $15s Al 1877 in
the corresponding period of last year.
Imports Of specie were $55,047 in gold
and $S018S silver, total of $135, ,2S5.
against total of $53. .465 in the previous
week, and $40.S56 in the corresponding
week Of last year. Total since January
J., N.S7S76o, against SIS, 79O. .666 in the cor
responding period of last year.
Exports Of specie aggregated $917, ,426
silver bars and coin and SIS $3.50 gold, a
fetal of $sSa, ,355 against 81, ,527, ,724 the same
week last year. Since January the ex-
ports OF gold were 81 .o4S, PAL, and silver.
$14,2sS,61S, against $16,027,S5S gold and
$16,667 657 silver in the corresponding pe-
riod Of last year.
The weekly statement of the Nau, vorlr