The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1879-12-26

II the imports ~ iron i:iio tie United
States at all the other Atlantic rorts
come anywhere nigh those vf Baltimore.
we are about 10 zee al expansion oi the
foreign iron trade unpar aIle:ed In our
history. The daily con-i gnments rofn
prise ore from several European coun-
tries and from Asia aud a frica. pig iron
from England, scsmp iron and steel from
Great Britain and Germany. TIE regu-
lar line steamers bring several hundred
tons each trip, while the receipts ale 50
large and so rapid that il j. found almost
Impossible for The Custom House officers
TO handle them. A railroad official
stated last week that the quantity OF iron
and steel will average 100 tons dav
lat Baltimore for the next fifteen months.
lie Baltimore Weekly Journal Of Com
merce adds that. From Information
obtained from reliable sources. il NAV
be stated that our iinporiations OF iron
and iron ore during next year will
amount TO about 5OU.tc0 tons, and may
reach higher figures To i,ring this i'm
mense quantity will require 500 cargoes
OF l,UtU tons each. and. IS nearly all OF it
VIII 20 West, TO snip il from Baltimore
viii require about 5000 cars equal TO
2OuO trains OF twenty-five cars each. or
on an average Of nearly seven trains .
day for 900 working days OF $780, One
Baltimore house reports sales Of 25O.OOO
tons, which j. included ina The quantity
above stated.
In this correction we might add that
upon the continent Of Europe, in Asia.
India and Australia, almost fever for
- 4rara sc L.e~
while At the next session OF the British
Parliament food Of railway con-
siruction bills is anticipated. In New
South Wales 10 Victoria, Queensland,
and West Australia new lines Of road
are being rapidlypl under construction.
from the west coast OF Australia q
trans-continenial road Is projected to
eventually strike The east coast OF that
great continent. In British India large
are contemplated, a. is also
the case In Japan, New Zealand. and even
IN coutL Africa, 10 saw nothing Of the
French project 70 pierce the desert Of
british capitalists arr surveying
> road froM the Sea of Marnofa 10 Alep-
po: Russia J. prc;erfirg lines In Central
Asia. Turkey, witn trglish capital. pro-
loses Go run Inc from the Mciiierra-
mean 10 the Persian Gull, w the Euphra-
les Valley; Prussia. Austria and Ilaly
will construct numerous new lines:
France has officially projected 60OO
miles Of new lines. az sn estimated cost
ofST5U.oO .rGc. next comes Canada. with
$4,000 miles ~ new rosds. and Erazil.
Zoo. II j. consequently evident that
The advance IN iron promises TO be per-
nanent- IN the Instance or the United
states iti- generally accepted by those
ia the iron Industry that the
Ieason for the present rapid influx Of
ron J. thar in tie rasf wears Of business
depression the ron featuring in
'errsf was in great measure suspended
until the country was lroug!t face TO
face with an iron famine Tie new lines
" road projected in The United States.
" in course Of construction. ire not in
'luded in he atvve. Lut ihev are known
o be numerous and extensive. But,
side from ,Lese, there is en- immense de-
nand for iron with which to replace
rails and which il will take
many months 70 fully meet.-l Chicago
Sews.