Besides the above there may be some individual producers operating in a small way in the Western States and territories whose products are small, and finding their way to smelting works are mixed up and lose their identity, so that their brands are not known in the market. The aggregate of all this floating product can not, I think, exceed three per cent of the entire product of the United States.

I have not included in above list the names of the numerous companies which have not worked their mines for some time past, but have given only the names of actual producers.

Very respectfully, etc.

JOHN STANTON.

1

D.

Extract from Report of James Lewis & Son.

MERSEY CHAMBERS, LIVERPOOL, October 17, 1887.

The fact that copper can not be produced in sufficient quantity to supply the demand, when Chile bars sell at or under £40 per ton, is clearly proved by the great falling off in the "visible supply" and stocks during the past thirteen months. On the 15th of September, 1886, the visible supply was 66,369, whereas now it is only 48,849 tons a reduction at the rate of 1,332 tons per month. In the same period the English and French stocks have decreased from 54,875 to 42,999 tons, or at the rate of 913 tons per month. As at present there seems every probability of these reductions continuing, the stock of copper available for consumers will, ere long, be in very moderate compass. The visible supply is now less than it has been. since the 15th December, 1884, when Chile bars were selling at £49 10s. per ton.

E.

Copy of Circular Letter, by National Wholesale Grocers' Association.

MILWAUKEE, August 20, 1888.

GENTLEMEN. - Application sheets for membership to the Wholsale Grocers' National Association are to be sent out within a few weeks. In order to avoid the admitting of firms not eligible it is of great importance that you make out and forward to the undersigned a list of firms in your city as follows:

First. Wholesale grocers who handle sugars.

Second. Wholesale grocers who do not handle sugars.
Third. Grocers doing a wholesale and retail business.

Please give this your immediate attention.

Very respectfully yours.

F. W. INBUSCH.

Address F. W. INBUSCH,

[Senate, No. 64.]

P. O. Drawer 34, Milwaukee, Wis.
31

F.

Copies of Contracts with Cotton Bagging

Companies.

THIS AGREEMENT, made the 14th day of April 1888, by and between the Eagle Mill, of New York, party of the first part, and L. Waterbury & Company, of the city of New York, party of the second part, witnesseth:

The party of the first part hereby sells and agrees to deliver to the party of the second part free on board in the city of New York, in car-load lots as required, all the bagging belonging to it now on hand and wheresoever situate, and all the bagging that may be manufactured by it during the remainder of the current year 1888, at and for the following prices, namely: One and one-half pounds, at five and one-fourth cents per yard; one and three-fourth pounds, at five and three-fourth cents per yard; two pounds, at six and one-fourth cents per yard; two and one-fourth pounds, at seven and one-fourth cents per yard, bagging in the south to be at the above prices plus actual freight and insurance charges incurred in transportation.

The party of the first part shall, as soon as may be after the thirtieth day of April, instant, file with the party of the second part a true and correct invoice of all its stock of bagging on hand at said date, and thereafter shall in like manner file monthly, as soon as may be after the last day of each month during the current year 1888, a like invoice of all bagging manufactured by it during each month, and upon the filing of such invoices from time to time the party of the first part shall be given credit upon the books of the party of the second part for the amount of the same at and after the prices above named, respectively.

The party of the first part hereby agree to sell, or cause to be sold, in behalf of the party of the second part, all bagging so invoiced. at prices which shall be fixed, from time to time, by this party of the second part, hereby guaranteeing full payment in cash upon all sales made, and will render promptly and regularly to the party of the second part full and correct accounts thereof.

The party of the first part further agrees that immediately after the thirty-first day of October, next ensuing, it will pay and make over to the party of the second part the entire proceeds of all sales of bagging made by it hereunder; first deducting therefrom an amount which shall be equal to the invoice of the bagging sold and a commission of five per cent upon the gross amount of sales, and as well deducting therefrom interest upon the total amount of invoices of bagging filed, at the rate of six per cent per annum from date of filing and the actual expense incurred by it in carrying such bagging.

The amount so deducted shall be retained by the party of the first part, and is in full payment for the bagging sold with commission thereon and the cost of carrying all bagging invoiced to that date.

In like the party of the first part will, immediately after the 31st day of December, 1888, pay over to the party of the second part the proceeds of sales of all bagging effected by them since thirty-first day of October aforesaid; first deducting therefrom the invoice prices thereof and commission of six per cent per annum upon the total invoices and cost of carrying the bagging, accruing since the thirtyfirst day of October; which reduction shall be retained by the party of the first part in full payment for bagging so sold with commissions thereon and all costs of carrying accrued since the last settlement.

All said bagging remaining unsold on the 31st day of December, 1888, shall be retransferred and delivered to the party of the first part in full satisfaction and discharge of all and any liability of the party of the second part with respect to the same.

The party of the first part agrees, that during the pendency of this contract, it will carry its own expense for the party of the second part all bagging herein agreed to be sold and delivered to them; will fully insure and protect the same, and thereby undertakes and agrees that the party of the second part shall be put to no cost, charge, or expense by reason of the premises.

The party of the second part agree, that as soon as may be, after the 31st day of October, 1888, they will pay and make over to the party of the first part, -- of the profits realized by the said second party on all bagging sold by them or for their account to the thirty-first day of October, aforesaid.

In like manner the party of the second part agrees, that as soon as may be, after the 31st day of December, 1888, they will pay and make over to the party of the first part- of the realized by second party on all bagging sold by them, or for their account after the said. 31st of October, 1888.