The Kenosha telegraph. [volume] (Kenosha, Wis.) 1860-1888, 1877-07-05
COMMERCE AND INDUSTRY.

LIE expectation of ship-building tim
Der from Canada for European yards is,
on the increase.
LIE advantages of the war in Europe
TO the business men of the Tinted States.
have thus far been exactly nothing. 1t
may be doubted whether the results are
even as favorable as that.
The beautiful specimens OF American
furniture, watches, musical instruments,
cloths, tools and hangings, which are
being exported in such large Quantity
now, seem to be producing the impress
sion abroad that the Americans are,
really civilized people.
The merchant marine of the United
States, according to the report of the,
Bureau of Statistics, just issued. has.
decreased during the twelvemonth from
total tonnage of 4, 1853, 1872 to APIS. 458.
The tonnage of Great Britain for the
year covering half the same period has
increased from 1864, 56S to 5,891,691.
MINNEAPOLIS handled 5,25O.O00
bushels Of wheat the past year, but sent
abroad only As, 600 bushels of the grain.
The rest of it came down to the seacoast
in the form of barrels OF flour. Mime
apolis was accordingly 100000 the
richer for having manufactured her raw
material instead of having exported it
direct.
ONE great need of this country, says
the New York Tribune, is skilled labor.
That sort of labor is snapped up every
where and is in good demand. Men out
OF work now owe the fact in nine cases
out OF ten to their own ineficiencv and
clumslness It is an important subject
for idle workingmen to consider, whether
the present apprentice system of this
country, which stands in the way of the
training up Of skilled workmen, does not
need reforming.
The annual report of the business of
the Michigan Central Railroad Comp any
for the year ending May 81, is not very
comforting to the shareholders. The
gross earnings were Sc, 4S3, 900. and the
operating expenses 81, 439, 900, leaving
as net earnings $2;044, 900. Out of this
has been paid for taxes, $267, 900, and
for interest and rentals, 81, $50. 900, leav-
ing applicable to dividends on share
capital of $40, 100000 only $4,000, or
about three-quarters of 1 per cent.
HE commerce of 1867 has, says an
Eastern contemporary, brought gr eat
blessings to the American people. tt
has been large and profitable, has made
things easier here than in almost any
other large country in the world, and,
better than all, has latterly turned the.
minds Of the people away from politics
to more healthful topics. The balance
of trade is $210,OOO, 900 in merchan disc
i'll our favor this year, an increase Of
about $50,000,000 over the prece ding
year. The increase is due to the larger
exports. Raw cotton fell off 500, 900 900,
and wheat fell off $12,000,000; but
manufactures, provisions, corn, tob acco,
and oil were sold to foreign custo mers
in quantities which immensely over came
the deficiency. The year ends with sew.
eral new and important lines of ex port.
trade developed, with genuine hope and
confidence on the part of manufactu rers,
farmers, and miners. The fact that
imports are again increasing shows
great purchasing power also anon 6 the
people. The country may congrat ulate.
itself on the hsppy results of the COM
mercial year.