Alpena weekly argus. [volume] (Alpena, Mich.) 1871-1893, 1880-11-03
Our National Prosperity.

Our National Prosperity.
During the quarter year ending
September 3Otb, 1850, the number
Of failures in the United States was
979, with liabilities Of Sl2,12l,42
decrease, as compared with the
corresponding quarter Of last year,
I Of l,2S5 failures aud sS,154,12S
liabilities During the nine months
ending September S0th, the num-
Der Of failures was ), 4T6, with La
bilities Of s45,0l0,lS5, as against
$500 failures, with sSl,054,9i
liabilities, during the correspond
ing period Of 1879. In the Domin-
ion Of Canada the failures during
the third quarter of the present
year were $50, and Al last year,
and the liabilities respectively ST.
219,7G3 and sG,99s,617. During
the nine months Of 1850 the num-
Der Of failures was 10, with liabil-
tiles Of s6,sS0,611, while for the
corresponding period of 1879 there
were l ,4S4 failures with liabilities
Of s24,42l,57O.
The Oregon salmon catch has
raised from 237, 800 cases in 1875 to
$4,000 in 1850.
Texas has a cash balance Of near
ly Sl,000,00O in her State treasury.
The quantity of Southern pine
lumber received at Boston from
the LIST of January to LIST of Octo-
Der, 1880, comprised 1906, 100
feet Of Southern pine timber and
plauks, and 5,S00,5O5 feet Of South
ern pine boards-a total Of 9,s97,-
2Tf feet Of lumber. During the
same period of 1879 the quantity
received here comprised S,S09,75S
feet of timber and planks and s.
567 SIS feet of boards total of
12,377,GG9 feet.
The little port of Darien, Ga,
exported II, 752,2l1 feet Of lumber
to foreign points during the six
months from January LIST to July
LIST, 1850. Its domestic shipments
at the same time were 14,040, 1927
making a total of 55,792, 53S feet.
Savannah exported about 60,000,-
coo during the same period. Pensa-
cola, Fla. shipped total of l50,3i0,-
600 feet to foreign ports and ST.
$4,000 feet coastways. "a total
1S2, $4,000 feet during the twelve
months ending September.
Worth, Of Paris, has recently
worked up some dress silk manu-
featured in Newark, N. ].
The manufacture Of agricultural
implements has doubled within the
last ten years. In 1850 this indus
try gave imploymentto 1851 hands /;
this year it gave employment to
1850.
In the United States there are
produced 300,OOO,OOO pounds of
cheese, 10 per cent. of which is ex-
ported, amounting to 120,000,000
pounds. The amount of butter
produced is estimated at 1,000,-
100000 pounds OF this only .
per cent. is exported, yet this small
percentage anmonts to 20,000,000
pounds.
The war ended in April, 1865.
On August 31st Of that year the
outstanding interest-bearing debt
was at it highest, being 81, 1891, $780,
29496. Total debt-less cash in
the Treasury-at that date was
$3.50, 49, ,571.43. On the LIST OF
September Of the current year the
total debt-less the cash in the
Treasury, amounted to 1,9OS,717,-
93i.4O, the reduction accomplished
in fifteen years and one month be-
ing sS47,713,637.03, n financial
achievement without parallel in
the history Of nations.
The annual report OF the Ohio
and Mississippi Railroad estimates
the net earnings for the year 1880
at 81 100000. The report says the
company will have on hand Novem-
Der LIST nearly half million dol
lars, and be prepared to pay two
coupons on second mortgage bonds
and two on the Springfield division
bonds.
The number OF industrial estab-