The Bolivar bulletin. [volume] (Bolivar, Hardeman County, Tenn.) 1865-1888, 1872-05-10
INDUSTRIAL MATTERS.

The Great Eastern Steamship
Company has declared a dividend of
twenty-four per cent. for the year
just closed.
Mining of the blue spectacular iron
ore of Miller County, Missouri, is to
be commenced at once by a gentle
man from st. Louis.
There we're transported over the
Utah Central road last week $685.
OlS pounds of freight, of which 22O,-
600 pounds were ore, and 100000
pounds bullion.
Cotton is shipped from Montgom-
cry to Norfolk by rail, 895 miles, for
50 cents per hundred.
The Chicago Tribune thinks that
lake freights viii. be higher than
usual this season. Every available
vessel Is being chartered and filed,
because there is no other place to
put the grain, which will take all the
grain-carrying vessels out of Chicago
at once.
Germany import of the precious
metals from Great Britain amounted
in 1871 to One-tbird of the whole
British export of specie and bullion,
having been G8,487,94 in gold, and
Go, 092, 222 in silver, while tie Brit
ish import from Germany was only
1922, 1888 gold, and 9l,l84,366 sill
yer.
Philadelphia's manufactures foot
up as follows: Mum Der of establish
ments, 8,579; capital, 1904, 340,637;
steam engines, 2,177; having 57,304
horse power; hands employed, 100,-
661 men, 40,7G0 women, 1I,120
youths; wages, SOS, 674,S74; materials
employed, $193, $751; 97; value of
production, 1852, 484, 698.
The AMOUNT of bituminous coal
produced in the United States last
year is estimated at Is. 100000 tons,
and of anthracite at 19,000,00 tons,
or an aggregate of 34,000,00U tons.
The whole quantity of imported int1
the country last year was All, JOS
tons, or less than Il pee cent. ofthe
amount consumed.
There are now forty-seven bills be-
fore Congress for railway purposes,
of which thirty five ask for land
grants to the amount of about 3d.
100000 acres, while providing for
the construction of about twelve
thousand miles of road. There are
several bills which receive or trans
fer previous grants, and two that ask
subsidy In the folm of interest on
bonds.
The Russian Government lately
negotiated railroad loan in London
to the extent of seventeen million
pounds sterling, and on the strength
| of this loan orders were placed with
the English mills for nearly 100000
tons of ails. 1t is this great demand
from Russia which has stimulated
the advance in railro d iron in Eng
land of late.
There is great excitement IN the
Lake Superior region, in cons quence
| of gold discoveries at Jackish Lake,
about seventy-fve miles north of
Thunder Bay. The mine Is thought,
by Captain True, to be the richest
GA the continent, and he said some
of the specimens OF ore which he had
picked up would yield $4,000 to the
ton. There is much prospecting in
consequence of these reports.
The National Assembly of France
has decided to advance the price of
the common kinds of tobacco twenty
five per cent. The French Govern
ment monopolizes the sale of this ar
ticle, which gives a gross return of
100000 leaving a net profit of
| $36,000,O00 to the revenue. It has
now been decided to raise the Gov
eminent price from 81 to 50 so per
kilogramme 2 Ito pOunds). France
is one of the largest consumers OF
! American tobacco