Wilmington daily commercial., 1873-10-08
OUR ANNUAL BOARD OF TRADE REPORT
RESULTS OF TIKI PAST YEAR AND PROS

OUR ANNUAL BOARD OF TRADE RRPORT-
RESULTS OF TIKI PAST YEAR AND PROS |
PECTS AHEAD. at
The annual report Of the managers Of the |
Board of Trade, which we printed yeste sday,
was on the whole, very encouraging document.
1t admits that in some of the important branch
es of industry, in1whish our people are engaged,
there has been slackness Of orders, and cor
rsspondingy restricted operations, but in mot
there have bean average activity and fair mar
gin of profits.
In the business Of building iron ships, the
most prominent of our industries, if not the
most important our yards have been, during
the year constantly and fully employed. In car
building, there Is Q serious depression, at pres
emit but it began recently, and in the Judgment
of the report, cannot long continue. For ma
king car-wheels, our facilities have been in
creased, and the business has remained good
In the morocco manufacture, profits have not
been maintained, but production has been, very
fairly, and manufacturers have further extend
ed their capacity for work. The carriage build
ers have suffered from slack trade, finding
themselves with large stocks OF finished work on
hand. later than usual in the Spring, but their
total product is large, and the interest fairly
prosperous. In the iron business, there has
been nothing discouraging on the contrary,t the
future prospect, in this department Of labor,
seems very satisfactory, since at least two more
new rolling-mill enterprises, one Of them very
extensive, have been organized, and are now
erecting the necessary buildings.
All our undertakings have been fairly pros
porous; most of them have been successfully
al IL fba Oh vaar he
Wilmington and Western Railroad has been
opened to travel; the new Clayton House has
been completed, and opened the water supply
has been increased to a pumping capacity Of
eight millions Of gallons, daily; the widening Of
our principal railroad avenue, water Street,
has been arranged for, and partly accomplished
public hospital has been established; and 9TH
er important steps in our industrial, CONNER
cial, and social progress have actually been taken
The statistical information included in the re
port shows, in the aggregate that both the cap
ital employed in manufactures, and the annua
product have increased, as follows
1S79-TCtal capital Employed. sl2955 600 coo
1872 Annual product. .. 2O,125,OOO
In the amount of invested capital, there ha
booh nv AoduStlOhtAh lLuuplAgi NhhO AohAoe'
car building has added S5O,OOOi iron ship build
ing, S1OO00Oi machine work, S5O,000 foundr
work and cAr-wheels $4,000; and miscellan
Sous, 100000. In the annual product, raj
road cars chow an increase Of s200,000 iro
ships. 100000; machine work, 100000; four
dry work and car-wheels, S40O, 900 and misce
laneous articles, 100000; while decrease al
pears in the single article Of morocco, and is 81
down at s25G,0O0.
For the year ending October /, 1879, the IT
port showed the erection Of 451 new building
within the city limits; in the year now ju
closed, 44s are reported. This is conclusive
the fact that the growth of the city is steadi
maintained, and that there is no interruption
the even course of its development,
Looking back, therefore, upon the reported +
suits OF the year, there appears no reason for d
couragement,b but, on the contrary, such substs
tal results as to give us we'll founded satisfs
ton, and inspire US with further energy. Loo
ing forward, we must now arrange and matu
the details of further enterprises, whose iss
shall be for the general benefit.