Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1880-02-04
THE BUSINESS REVIVAL.

year 0,000 bushels of canary seed.
The total home clip of wool last year
amounted to 232, 800, 900 pounds.
SIXTEEN million bushels of oysters are
annually packed at Baltimore.
CLEVELAND decreased her debt $685.
900 during 1879, and has $9, 591, 900 left
to pay.
LEADvILLE, Col, has four banks of
deposit, and the Democrat says they are
overrun with deposits.
A CALIFORNIA paper says that it is now
considered well settled point that the
production of raisins in that state will be
made profitable.
The west-bound Union Pacific train
from Omaha onthe 18th ult. took out 480
sacks OF Australian mail for the next
steamer from San Francisco.
The shipments of mules and horses to
the south is on the increase. The trade
is now said to be better than since the
panic of 1878.
THERE are now nearly one hundred
lumber and shingle mills on the Saginaw
river, with an estimated capacity of 810,-
500, 900 feet, and giving employment to
over thousand men.
Iowa butter is carried from Davenport
to Boston for sixty cents per hundred
pounds, and frequently Vermont butter
goes into the Hub with the same train at
eighty cents per hundred pounds.
THERE is a sudden cessation of pros
perity at Virginia City, New. Mining
stocks are down, work in the mine has
stopped, and the poor are destitute in
the midst OF an uncommon cold winter.
The assignee of the Stuyvesant bank
OF New York, which failed 10 years ago,
has just announced his readiness to pay
the stockholders a first and final dividend
OF three cents on the dollar
THERE have been very large sales of
hemp IN New York, many of which were
ON account Of Boston owners. The sales
foot up nearly 10000 bales to arrive"
in New York and Boston, ranging from
9 to 81 cents.
A CHICAGO paper says that the culture
OF frogs is quite an important industry
III Illinois where one man has over an
acre and a quarter of land, on which he
is breeding 200, 900 dozen of frogs OF all
ages for the Chicago and Cincinnati mar
kets.
ALTHOUGH glycerine was discovered by
Scheele in 1879, it is only within the last
few years that it has been manufactured
commercially. It's value became known
simultaneously with easy and cheap man
ufacture. France is now pre-eminent III
it's production.
The aggregate steam power in the
world is ae present 100000 horse
power, employed in stationary engines,
and 100000 horse power in locomo-
tive engines. The steam power is equal
to the working force of %, 900, 900 horses,
and one horse consumes three times as
much food as one man. The steam
power, therefore, is equal to the savings
of 100000 human beings.
The sugar and India cargoes to Boston
this year will be very large, as numbers
of vessels are now loading or ON the way
from Calcutta, Manila, Java, Singa-
pore, etc. The West India trade on
sugars reached last pear 1852, 1000 hogs
heads, or 500 cargoes. Probably this
year from Cuba, Porto Rico, Barbados,
Martinique, St. Croix and other ports 600
cargoes will be received.
LAST year was bad season for Pacific
cost mining speculations, 278 companies
udVlS dSS0SS0O GuOI SIldfOuOIOOTS lOI d
total of S14, 1887, 800. The entire assess
ments in Nevada for deep mining ON the
Comstock have been 81 ,4O4, 400, and the
dividends only 81, AT 800. In California
the assessments exceed the dividends by
nearly 81, ZOO, and mining stocks
have fallen all round.
GERMAN Geographic engineers have
lately been experimenting with alumni
MUM as a material for telegraph wires.
This metal can easily be drawn out to a
much finer gauge than is possible with
iron, and its conductibility is twice as
great as that of iron wire. It's excessive
cost has hitherto prevented it's use for
the purpose indicated, but it is found
that an alloy of aluminium and wire can
easily be made, which will produce
wire both finer and stronger, and less
susceptible to atmospheric change than
iron wire, while it is much superior as
conducting medium.
AUGUSTA, Ga, has six cotton factories
In operation, one is in course of building,
and capital is being raised for still an
other, the last to have $4,000 spindles
and to cost $500, 1000. The six factories
used last year 100000 bales of cotton,
their products being worth 100000
Cotton-mill stocks there are quoted at
120@130. Last year the mills paid ten
to twelve per cent. dividends, and put
away handsome sums in their sinking
funds for extensions. The new 1000
spindle factory will add to the population
of the city at least 5000 souls, and will
pay the employees $4,000 annually.
These mills make, besides what they
consume, a market for IT'S, 900 bales of
cotton, which requires $8,000,000 an
nally to handle.
The Pittsburg Commercial Gazette
arrives at the conclusion that all the in
dications show that the business is in a
healthy and prosperous condition, except
where it is hampered and threatened by
over-speculation. eff any one had said
a year ago, - says the Gazette, "that the
American nation would within twelve
month show that it had forgotten the les