Year: 1875

etc at 81 and 80 Magazine stIeet at IL NJ.
COMMERCIAL MATTERS, Etc.
The Commercial Loan Company and
Savings Bank" one Of those financial insti-
tutions peculiar only to Chicago, has gone up
the spout, and all that depositors have left is
remote prospect of celebrating the Christ
mas holidays Of 1876 with scant 25 per
cent dividend.


Some morbid statistician has figured that
every minute Of the session Of the House of
REPRESENTATIVES costs the country $40 The
House passed bill, the other day, to change
the name of Western steamboat bit of
petty legislation, by the way, which could
Just as well be left to the direction Of some
salaried subordinate. The cost Of doing this
was not less than $780, When Sunset Cox
carried through his bill to change the name of
q schooner to the civilian NJ Tweed" there
vas some debate thereon, and the country
probably paid between $500 and $1,000 for the
sake OF bestowing this compliment upon the
Boss.


The managers of the Direct Cable Company
show prompt perseverance worthy of praise.
They laid their cable only after years Of trial
they laid it at last only to have it break forth
with; and they repaired it only to have it part
once more But they promptly telegraphed





the steamer Faraday cleared from London last
Saturday, provided with every needed ap-
pliance tor graphing, raising, and repairing
the broken cable. Such steady pluck deserves
success As often, however, as their cable is
broken the old monopoly cable-rates are ad-
yanced. As soon as the cable is mended the
old monopoly drop their tariff. Who breaks
this cable is question that is receiving at
tention. Disagreeable suspicious are in cir
The West Baton Rouge Sugar Planter of the
25th inst, in announcing that sugar rolling is
fast coming to a close, says:


Another good year will set every planter
upon his feet, for although the past season
has been propitious, there have been too
many bad years to make up for and bring
planters entirely out of debt.


Calcasieu Lumber in England.


We are gratifed to announce that the expert
mental shipment of a cargo of lumber from
the Cslcasieu River direct to Liverpool, has
proved highly remunerative to both consign-
ors and consignees, and we are reliably in
formed that before next summer heavy and
permanent lumber trade, from Calcasieu
direct to England, will be inaugurated.-


The Export of Gold and Silverware.


An exchange says:


The Secretary of the Treasury has sent to
the House OF Representatives communlca-
tion from firm in Boston, asking law tor
the stamping of manufactures OF gold and
silver in this country, SO as to certify the
fneness of gold goods, and the conformity of
the silverware to uniform standard. They
say: sour goods could then be marketed in
any part of the world, and would be valued
and sought after in the manner OF English
and French goods. Our trade suffers be-
cause no uniform system has been adopted,
and our home trade also suffers to a
great extent because people are not sure they
are getting what they desire; consequently
many persons in this country will buy i'm
ported goods because they know they get
Just the quality they pay for"


How Long will it Continue


The New York Shipping List says: Chow
much lon ger the dullness of the business and
industrial interests is likely to continue, is a
problem not easily solved. 1t would seem
that the general run OF


PRICES HAVE ABOUT TOUCHED BOTTOM,
and there is no lack of the fruits OF the SOIL,
which are regarded as the very foundation OF
all prosperity, but something more is wanted,
and that something is confidence, OF whlch
there has been q conspicuous lack for more
than two years. Savings banks cannot use
the deposits of their customers to any ad-
vantage. and find it difficult to meet the in
: terest account.


National banks discount at very low
rates, because there is no profitable en-
nloyment for the funds on hand. Men who
have a surplus of this worlds goods can neither
make profitable use of their capital or gel
others to pay anything for its use. There ls
indeed, far more paper money IN this country
than trade in its present condition can en-
ploy to advantage, and yet there are men, IN
Congress and out, who are supposed to nave
been endowed with common sense, VINO nave
the hardihood to maintain that the depression
of the times is consequence OF the scarcity
money, and that the volume OF currency
should be made "equal to the wants .
trade"


Sugar from Grapes.


The manufacture of beet sugar in California
in ouantity and quality sufficient to be remu
nerative, has not come up to the expectations
Of those interested in it. With but few ex
ceptions, the yield Of beets lately has no
contained sufficient quantity of saccharln'
product to more than pay the cost OF cultiva
ton and manufacture. In view OF this fact
and the often expressed opinion that goot
sugar can be made from grapes, experiment.
have been tried which, from the present pros
pect promise important results. The experi
ments thus far made have not been tried witt
any improved machinery, SO that nothing
definite can be ascertained.


But with method recently discovered, II
is stated that good sugar can positively D.
produced. By this new process the dlscoV
erer CLAIMS that from 20 to 22 per cent OF NO
sugar can be made from the Mission grape
Should this statement prove trae q larg
profit will be unquestionable. The farmer
can now get but $40 to S13 per ton for thei
Mission grapes To make them into sugar
saw 20 per cent of sugar from ton, that
4Co pounds of sugar, with cost Of making; y;,;
cents a pound, would leave the farmer s5z'
per ton, estimating the price obtained Tor tn
sugar at 10 cents per pound, which IS IRON
3 to cents less than sugar can now be oougn