. The Southern States. oughout the year toprotect all contracts, obviating heavyoutlays of capital for carrying cotton forspeculative purposes. This modernmethod of hedging and insuring valua-tions, facilitating rapid economical hand-ling of merchandise, is so interwoven withthe worlds trade, that no large centrecan conduct business without it; andwhile the bulk of the contract purchasesand sales are made in the great marketsof New Orleans, New York and Liver-pool, they include business for all othercotton centers with which they aredirectly connected by telegraph. In spots, and cotton to arri
. The Southern States. oughout the year toprotect all contracts, obviating heavyoutlays of capital for carrying cotton forspeculative purposes. This modernmethod of hedging and insuring valua-tions, facilitating rapid economical hand-ling of merchandise, is so interwoven withthe worlds trade, that no large centrecan conduct business without it; andwhile the bulk of the contract purchasesand sales are made in the great marketsof New Orleans, New York and Liver-pool, they include business for all othercotton centers with which they aredirectly connected by telegraph. In spots, and cotton to arrive. NewOrleans is the leading market on thiscontinent, while the business in futuredeliveries which is steadily growing, hasassumed an importance that divides thepalm with Li\erpool and New cotton crop of the State is suscepti-ble of great increase, which doubtlesswill result in time, through immigration,and the latter is likely to follow uponproper dissemination of knowledge ofthe States remarkable HARVEST SCENE IN A LOUISIANA RICE FIELD. RICE GROWING IN LOUISIANA. By Reginald Dykers. On the broad prairies of SouthwestLouisiana a great industry is beingbuilt up—an industry of ancient Hneageand considerable renown. The stridesit has made since its inception in thatlocality have been broad and rapid. Ithas brought together a population thatis at once energetic, intelligent andprogressive, such a population as Louis-iana needs in her every section todevelop her resources and bring her tothat high place among her sister Statesthat is hers by right. Rice—pure, spotless, palatable, nour-ishing—should need but little beyondits own merits to make it the mostpopular form of grain in the UnitedStates today. As an article of food itis equal if not superior to wheat, andwhile it would perhaps be impracticableto substitute it entirely therefor, yet asan adjunct to our daily wheaten loafwhat could be more desirable than oneof those rare snowy pyramids of ricethat
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Keywords: ., bookcentury1800, bookdecade1890, booksubj, booksubjectagriculture
