Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1879-10-29
TRADE INTERESTS.


MowATT. the Campbellton (Can. }
fisherman, is shipping frozen salmon to
England.
The geological survey has made i'm
portant discoveries of coal and other
minerals in the northwest territories.
TEXAS is rapidly putting up cotton
factories in order to utilize her super.
abundant cotton crops.
WESTERN exchanges report rushing
trade, and the distri bution of manufac-
tured goods promises to be the largest
for many years.
New machinery for the spinning of
yarn directly from the seed cotton proves
to work revolution in the cotton bust
ness.
GA MILLENNIUM of trade" is what the
Wheeling Register calls it, adding: CAL
our mills are booming, all our factories
are running on double time, and why
not?'
The Adrian, Mich, car shops are the
only ones in the country that stand idle.
A disagreement between the creditors of
the bankrupt owners prevent them from
starting up.
SAN ANTONIO, Texas, has flourish
ing wooden mill which turns outexcellent
cashmere cloths at exceedingly prices, as
the wool is clipped from herds of sheep
feeding in the immediate neighborhood.
THE harbor dues received at Montreal
this season to the LIST inst, amount to
$4,000, being an excess of $40, 900 over
any former year. There was an in
crease of SO, 600 tons of shipping entering
the port this season over the last.
SAYS the Davenport, Iowa, Democrat:
"A year ago agents of rolling mills were
beseeching rsilroad companies to buy
iron on their own terms,-and didn't
meet with much success. Now the rail-
road companies are the beseechers.
The development of the oyster trade
in Cambridge, Nd, has been something
wonderful. This year there are to be
three or four additional houses, and
several of the old houses are to be en-
larged. When they are all completed
Cambridge will have facilities for open
ing one million of bushels Of oysters this
season.
EXPERIMENTS recently made On tie
Lake Shore railroad prove conclusive
ly that petroleum can be successfully
used as fuel for locomotives, and is
cheaper than coal and by the process
adopted does not produce smoke or
cinders. It is possible that, in time, oil
may replace coal on roads distant from
the mining regions.
BUSINESS must be looking up in San
Antonio, Texas. The other day Mr..
Yeates came in town with twenty-five
sacks of wool and tina Herald of the fol-
lowing day contained the following spon-
taneous outburst: 'sWooI is wealth, the
rams horn is the cornucopia, the
ba-ah-ah-ah' of the sheep is the trumpet
of prosperity and the track of the wide
tired wheels of the ox-cart across our
plazas is sign of hope as truly as is the
prismatic rainbow arching on the even
ing sky"
In regard to the revival of business, a
single instance, truthfully stated, is
worth whole chapter of glittering
generalities." For this reason the fol-
lowing statement of one firm in Pitts
burg will indicate just what the 'boom" "
in the iron trade means. In one mail
were received thirty letters, twenty-five
of which contains Immediate orders for
steel work at good cash prices. Yet, SO
numerously had these been preceded,
work on the last orders could not be en-
tered upon till after January LIST. The
grade of iron for which there has been
the greatest demand is what is known as
Pittsburg specialties. They comprise
cotton ties, horseshoe iron. hoops, sheet
iron scraps, wire, etc., and upon them
the largest profit is made. So great has
been the demand for these goods that,
within the short time since the business
started up, one firm is said to have real
lied $500, 900 profits on these specialties
alone. Of course the mills are running
to their full capacity, and Of course, too,
the iron workers are agitating for better
prices for their labor. The beaters and
rollers ask for seventy-6ve cents ton,
which was what they had when iron sold
for three and three-tenths cents per
pound. They now get sixty-fve cents,
but it is thought their demands will be
acceded to, as strike in these busy
times could not be afforded.