The Superior times. [volume] (Superior, Wis.) 1870-1912, 1879-12-06
TRADE INTERESTS.

ing employs 100 hands in their mills.
! HE Oneida community has lust re-
ceived an order for "a 900 cans of pork
and beans.
Six years ago the daily shipment of
paper from Holyoke was not over so
tons. Now it is 80 tons, and will reach
| 100.
FIVE thousand five hundred turkeys
will be fattened at Barre, VT, this win.
ter and killed and frozen for the spring
trade.
The water works At Edensburgh, Cam.
bria county, Pa, are run by wind mill,
and 30 industrious is it that the reservoir
is Kept full all the time.
The New York and Oswego Midland
ralland railroad, which sold for 81, $780,
goo the other day, cost $26, 100000 be-
fore the panic.
A FEW days ago the Eagle and Pho.
nix cotton mill at Columbus, Ga, sold
$45, 900 worth of their products--rescue
plaids and ball sewing thread.
FIFTY per cent. of the Missippi cotton
crop of this year is reported to have pro-
duced by white labor. The cotton crop
of the whole country is announced as
the largest on record.
THE owners of established factories in
Georgia complain of the legislative ex-
emptlon OF new factories from taxation
for ten years, and it is said that the val
idity of the exemption is to be tested in
the courts.
The London Times shows that
although many of the English straw
plaiters are working for six cents day.
their productions cannot compete in
price with the Canton plat at present
flooding the market.
TIE second attempt in the United
States to roll imported steel has Just SUI
ceeded in Vermont. From imported
English blooms the st. Adams Iron and
Steel works are rolling steel rails without
a flaw or blemish.
a PIrTsBURG paper says: 1t is said
the maileable iron works in this vicinity
are refusing orders, as they are unable
to I'LL them, and the orders have to be
sent to Cleveland and other cities.
There are but three malleable iron works
here-two in Allegheny and one in this
city-and they are all being worked to
their utmost capacity"
THE Pennsylvania railroad has already
put on the road some freight cars de.
signed to carry 40, 900 instead of 20, 600,
which used to be considered a load,
although it has gradually been exceeded
in cases of emergency. The new cars
weigh 2O,80O pounds each. They rest
on iron trucks little heavier than those
in ordinary use, have four and half
inch axles, with wheels twenty pounds
heavier than common. The body is
lined all the way up to the top and
braced in the most thorough manner.
THE quickest railroad building ever
done in Nebraska was performed at
Lincoln recently, on the Burlington and
Missouri extension, when gang of sixty
men with two trains laid one mile of
new road, putting in two bridges and
two crossings, and making connections
at both ends with the main line, between
eight o'clock in the evening and break.
fast time, and the men who drove the
spikes were obliged to have lanterns
held close to their work. The work was
hurried because it passes across the pro-
posed right-of-way of the Union Pacific
branch.
In relation to mining and agriculture
the Boston Hera d says: owe know of
no more striking contrast between the
silent forces which contribute to the
country's wealth and those which make
more noise and create more excitement,
than the simple statement that the
value of the staple agricultural products
harvested in this country this year ex-
ceeds by $780, 100000 the total product
of our gold and silver mines since the
California discovery. The country
steadily progresses in its development
Hundreds and thousands of new farms
have been carved out of the wilderness
every year, and scarcely occasion more
remark than the discovery of a single
vein of gold or silver. The mines which
have built up I.eadville in year or two
are advertised all over the world, ane
the minds of millions are sgits ted by thd
possibility of sudden wealth.
The New York Commercial Bulletin
thinks that prices in the general market
for all kinds of goods have been too high
and that moderate reaction has set in.
1t says: In the merchandise markets
there is significant lull in speculation.
It is unmistakable that prices have
reached point at which buyers for con-
sumption begin to hesitate and resort to
make.shifts. In sugars there have been
no transactions of moment for three
days. Coffee is coming in much faster
than it is going out. Butter has touched
the point at which olemargarine again
becomes available. Iron is yielding IN
der the offers of speculative holders and
the competitor of foreign supplies. And
thus the conditions of reaction from
the late advance run through nearly all
the markets. 1t is not reasonable to
suppose that such an extreme as has
occurred within late months can be main
tanned. Undoubtedly prices, at the be-
ginning o. the year, were depressed
much below the level consistent with a
health demand; but the subsequent rise
has carried them just as far as the oppo-
site extreme; and symptoms indicate
that the process of reaction toward q
moderate level has already set. Those
who have made fortunes within two
weeks by the sudden rise must expect to
have part Of their profits wiped out by
q reduction in the value of their present
holdings; but, after such deduct ions,
they will have handsome balance of
gain. The misfortune is that some who
have made large profits on the rise in
their goods put the proceeds into Wall
street "poker," upon the superstition
that they can in that way increase them,
which in nine cases out of ten proves to
be sadly mistaken assumption.