Wilmington daily gazette., 1872-12-11

coal vessels, place in cheap communication vitS
al navlgabie points north and south bearing 10
1o ~ wnarves the hematites Of the South containing
~ TO 10 per cent more OF iron than the same char
'cter OF ores from our inland regions. The Oxidea
ana magnatites from North Carolina exist in and.
less varieties and rival the famed ores Of Cham-
pam and Superior. These with the ores Of lake
ChamplaiD, Adirondack and Northern Nev Jsr..v
are within easy reach OF tide water and can =.
conveyed to US at such low rates, a. will alvsys
'sure our receiving those developed along tke
% OF our three railroads. mentioned upon verv
feasonable terms. '
;. With the more extensive use Of Steam Colliers
the prospect OF O. continuance of low r,tas Of
Teight are hattering by them We NAV draw our
supplies from the South Atlantic and Gulf States.
which a. We have stated abound in ores Of an end.
variety ana ofsuperior quality. These Golfers
Will seek the ores for return freight instesd ~
coming back IN water ballast 40 now. provided our
receiving grounds. at our furnaces. are convenint-
situated, upon the shores Of the main artery Of
Commercial traffic, ~
with these extensive fields to draw from the
the minimum amount of aux, effecting saving Of
Que nan the limestone or other fux used ana in
sur'ng as the product Of the furnace No. l found
ary iron. ->
With such facilities of transportation located a
suggested on the banks of the Delaware fthe na.
tural terminus of our inland Rairoadal our orc.
VIII De delivered to us at from one (l) TO three fl
uoilaIs per ton less than inland furnaces now com.
mand ike qualities for. which would insure to
moderate sized furnace. averaging yield Of 200
ons Per week, saving OF $4,000 to $4,000 per
year; being good interest ON your investmeut-
II desiring to make forge irons the tap cinder and
scale from your rolling mills would furnish one
lourth the stock requisite. The savings thereby
erected would justify the starting OF . large fur
mace.
Properly located the Stag which has become a
serious expense to many furnaces to find deposit
lor' would command . premium hero to reclaim
CITY, S.s
We already consume boundary iron sufficient to
use the yield OF large furnace BY the time they
could be constructed the requirements of the mills
would exceed tho product CT three large furnaces,
LOOKING across the ocean, we find those loca-
tions commanding communication with it, with.
'n out breaking bulk are now profitably drawing
lheir supplies from the distant shores of Spain
and Africa. Ores from Africa have within a few
days been offered delivered in Pittsburg at less
cost per cent of yield than the Lake Superior
ores upon which they largely rely These of
less rate
Win the wonderful developments of new
ore heids IN this country, old localities which
were formerly unsurpassed are now superseded
oy those commanding the best facilities of trans
portation. New manufacturing ccntcrs are now
establishing upon tide water and in less than
another decade, the inland furnaces will be ex.
celled by the more favorably situated, in the
liiidst ot the market upon the shores of our noble
rivers.
With the depletion of coal and ores and advance
of labor abroad; the manufacturing of iron must
be very largely increased in this country to meet
tue demands, with a growing scarcity of timber,
iron and steel, are entering largely into every
thing
WIN our 10000 miles of railway to be main.
tanned and the 5000 miles annually building, and
III the structure of buildings, bridges ocean and
other steamers, barges. boats and endless smaller
articles, ITS llscs are daily increasing.
Inc stock of raw irons are inconsiderable the
world over, and though the statistical reports OF
| the last decade, show an increase in the United
states ot the manufacture of pig iron for the last
year over that Of the first, OF one and n quarter
millions OF tons, We still do not furnish sufficient
for our own demands
1t takes long time TO build a modern furnace
open mines and deliver materials, and though,
those now building will rs estimated increase our
Yield ooo,ooo tons yearly, the increased consump.
lion will more than keep pace with the supplies
The localities naturally adapted for the business
are comparatively few, the capital required is very
great ana TO be successful, must put ourselves
IN position to make good an article and sell
as cheaply, rs any other can will; with cen
tral situation upon the great distributing and re.
eciving avenues, (Which can never be controlled
by any one monopoly, commanding every vari.
ety oi coal. ore and Intestine, with both natural
and artificial advantages in a marked degree
WIN healthy locality, cheap provisions, abund-
allee Oh labor, growing Market wonderful facil-
ities oil transportation, and with unlimited SUPPLIES
oi every variety; naught but practical skill, con.
bihed with energetic capital, are required to make
the business eminently successful, and the city
OF Wilmington one OF the great furnace ccnters
OF our country.
A daOutatI0Y of Anna had uA: