, 1879-01-16

a.
"spo's ., ~. sA.:u ,"......s
lron ana steei .Hss'c'at.nn-n , rr"spr,"H' ...',
fcaF Rassed M" Ne'ter vi" A"''e''
paietf.
f,,iton of tl,c American Iron trnho for ths past
a.. ,...~ ',,-,.,.a ~ ,ramss ~
year na. !ust ossn eunp'..ea . ~ gso I.a. -, -.
Of nip.trou III tho United States In 1871 wAs
oa,A5sr tonx. ard III 181s was a.3az oOO tons.
],'ls,.s' 'on0' "uN ~ to'o .e w" ss IN M
fcnneJiFah1a BLOWS M 1hcreaec oi o'et !'o'"""
taus, while Ohio shows dccrcasc Of over
81, 90 tons, In 1878 Pennsylvania made more
fhan m mr. rent of Tim tntai nrf,iuctton at
n,r.t,on IN ths Irn,tsd s,s,.. Al II. c1o,c NJ
.tnn IN .no un ~ ,1..,.a co.. -" o,I ,,t ~
1871 there were IN the United states 71o btast
furnaces, Of which 270 wete In blast and 44t
were pitt 81 blast. At t!,e close Of IS!s there
we're iuo fl'rhacce. Of which 20 wtfo in blast
nnd 4so out q blast. These fl91res, taken In
rohnect!on with thnse 3f tho production above
gwen, Indicate an increased average productiun
Of thn actite f,trnacea IN 1s7a oret 1877. Dur
tnx 1s1s thsrs we're eighteen futhsees turn =,
the active list, and there were two new furnaces
ERECTED, one In Ohio and one In Tehncsase,
showing a net dctrca!e IN the yeat OF sixteen
;os ns sfk Of pig irn o. snd af " nnsela
tons: A. thc tloso Of 1873 they wetc Tery
mitch less, being nhnut 5tG,o00 tons. AZ
| the CLOSE OF 1873 TIC stocks segregated
eSsssF1 hoAHs III suo NMuIa u IeHH6FtFApuA
there Wat deerGsse II ls!sof hfout ao,o tons.
although fn the LehiKh Valley ihcfo ras an IL.
crease Of abont 1900 tons. fherA WAS de-
ereate 10 New York of about a4,ooo tons: Id
' Measo .soa ss' r." and osne1 Gs1*s g.
The shtinkage IN stocks was remarkably uni
iYrm 10 ail producing States, and It Is very sfg-
| n!l1cnnt q tte cauiion which chataeteri1cd ths
praneh ot tho ttpn ttaua throughout the year.
No State materially incre eascd Its stocks tn 1878.
Ihs sonsutnptton and production Of piR-lron, ~
vel @ as tue REDUCTION u stockt, were greater in
| 1873 tnan das1nE the previous year.
Increased about aU;oVu tons. stocks were de-
crossed about l1t tON, and eansanlptfou In
creased about !99,o0o tons. This Indicates that
s the to!'.hs ml..s we're more eteaa!ay empioYca
!shrlne the past Year than 10 thc year preced:
ing, eonc o. Tue feas6hs for ih,s increased
activity arc the improvements Il, Iron sllap aud
lrldge building; tiie require ements of ihe New
aetrs Of 1ato, afee
out ot eleven steel works wero 1usily engaged
70 tue production 81 steel rails during the en'
ttfG year, ana osaer s,eel WORK. - ~erv n!to e
tcrests-two good consecutive csops having
business throughout the latter half Of the past
year, were Influences which favoraoly affected
thc iron tEnue ot tile country. The exhibit in
connection with The production Of Hessemer
is particularly. gratifying. causltng, pethaps,
that o. ttreat Britain during the War.
ln lS.t ths Ifoduction OF IRON rails amounted
to Hf.,5 net tons. whiet! waa : great reduction
from the production Of 1575, which Was m, 1903
TOMS lM 1918 this decline Was wholly arrested.
tho preduct!on during the ycar belttg fully IL
great as y 1s.5. sn1 s probably fer thousand
tons greater. In l5'7 t,s production Of Bssse-
| tncf steel lngots Eas HU,hSs net tpnA. and the
| ptoduction Of Iesseiher rails was 4f3. 1f9 tons,
III 1878 the production VI inCots WA nbout 13O,
produced was about o,0oo net tons. Putting
the Iron md atccl rnil products Of tho year to.