New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-06-08
INDUSTRIAL PROGRESS.

Steps have been taken to establish produce ex-
change in Baltimore.
A shoe factory, employing 40 workmen, has been
established in Dubuque, Iowa. u
The first attempt to manufacture beet sugar in
Melbourne, Australia, has proved Improbable.
The manufacture Of whisky is thriving home-in-
dustry in New-Zealand, the quantity produced last
year being double that of the previous year.
At Limoges gunsmith has invented breech self
loading carbine which discharges 20 bullets min.
ute 1t has been submitted to the French military
authorities.
The new rolling mill at Topeka, Kansas, recently
went into operation, and employs 164 men. Until Ike
most iron mills, 1t has orders which 1t will take
many months to execute.
Nashville, Tenn, recently celebrated the success
attained by the tobacco industry there the quantity
of tobacco received having increased from 800 hogs
heads three years ago to 200 last year.
The Exchange for the sale OF manufactured to-
bacco in Richmond, Va, is found to facilitate bust
ness and encourage merchants TO buy there who for
merly purchased tobacco in the larger cities.
During the first four months of this year 452 ships
with an aggregate tonnage Of S24,068 tons. passed
through the Suez canal. In the same period last
wear the number of ships was 49, making TO 07 TONS
The movement in favor of home industry at st.
Paul Mimi, has led to the organization OF manu-
featuring and trust company with capital OF
500 Co., esgned to encourage local manufactures.
new hot blast oven is in use in iron making at
Troy 1t utilities as fuel the gas generated IN the
from il passes into the cupola with little or no loss
of power.
II il intended in Paris to construct street rail-
roads on nine distinct routes making IN all about 81
niles of line. The company which has the matter
in hand has capital Of 81 900 600 and lately invited
subscriptions to q bonded loan of 81, 10000
Mr.. Jerome Jones, who is connected with the glass
Industry of New-Engand. recently stated, after his
return from Europe. that the glass works there
were nearly idle and the prOprietOrs admit that
American makers have attained degree Of excel
Lance that has practically cut them OFT from this
market, The glass works Of New-Engand, he
observed produce articles which in quality, design,
and engraving are equal TO any made abroad. The
New England Glass Company, Mr.. Jones said
Incidentally, paid an average dividend OF Is per
cent during the past 40 years, but had earned no
dividend in the last two years. The contemplated
winding up of the Company has however, been post
noned for further consideration.
The state of the iron trade is discussed in The
Commercial Bulletin Of Boston, which speaks hope
fuly of the future. 1t saysi
me remarkable progress OF this Industry Tor the TWO
wears i'm edafey preceding the panic and the enor
mons for American r0n give reason TO hope for
yiva of this branch Of business at no distant
dv and renewal Of profitable operations Tns growth
has probably parallel In the history OF any industry
IN fe country. The call for American iron was so great
thar large profits realized and this In turn stimu
lated production. New furnaces and mills were erected
in Pennsylvania. Ohio, and here and there In other
states until the production was In excess OF the wants
of he country Irrespective OF the panic IL would have
Ieen almost impossible main tain prices, with 90 great
an Increase In production The panic added to the
weight 70 DO carried and tho result what we have
seen.