Watertown republican. [volume] (Watertown, Wis.) 1860-1906, 1880-04-21
TRADE INTERESTS.

MAINE has sold about 81, OOO, 900 worth
of Ice this season
A NEW yarn mill has been started in
Augusta, Ca
DUBOIS CRY, Clearfeld county, Pa,
has two saw mills, planning mill and
machine shop in full operation.
THERE has been shippedf from Whining
ton, n. o., to Russian port, cargo of
cotton weighing nearly l, 900, 900 pounds.
Texas derives a revenue of 100000
from the tax on commercial travellers.
The total number licensed under the law
is 1862.
THE Denver Nea0s predicts that grain
elevators will yet be rs numerous In that
city as they are in Chicago, and that the
location secures it as the place of storage
and distribution when the country west
OF there has been more fully developed
The oil business does not seem to be
ON the decline. There were 3GS new
wells completed in the oil regions last
month, which proposed 6,992 barrels. In
February 27S wells were completed,
yielding 1853 barrels,
In Mississippi it has been found tlat
the cotton seed mills have become to
large degree burdensome monopoly be-
cause of each of the mills being allowed
a certain amount of territory, which the
others are obliged not to infringe, which
enables them to keep down the price Of
cotton seed below its intrinsic value
A LOCOMOTIVE which, if it equals ex-
pectat1on, will run ninety consecutive
miles in ninety minutes, is being built
for the Reading railroad. 1t is to be
used between New York city and Phila-
delphia. Its driving wheels are foot
larger than common in diameter, it's
weight is five tons greater, and it's water
tank holds 1000 gallons; thus no stop
will be necessary by the way.
| The completeness of our recovery from
the railroad panic of 1878 IS shown by
the fact that in the past eight months
we have completed 5000 miles of rail-
road, and that the additional railroad inn
provements contemplated amount to not
less than 12,600 miles. This means an
addition Of nearly 20 per cent. to our
existing railroad system, and indicates
that the coming year will be remarkable
as the most active year IN the history of
railroad enterprise. Louis Globe
Democrat.
The Reading (Pa. Times and Dis
patch says that the increase in the iron
ore business along the East Penusylva-
MIA railroad within nine months past has
been most surprising Along the entire
northern slope Of the Lehigh mountain,
from BlandOn eastward to Emans, and In
the adjacent valley to the north, there
are hundreds of iron ore mines, and
prospecting is going on at numerous
points, with new mines being opened
daily.
That the great business revival of last
year has not abated it's force, or even at
tanned it's limits, may be inferred from
the railroad earnings of the past month,
which, on the thirty-fve principal roads
OF the country, are over one-third great
er than they were In March, 1879. The
exact figures are: $13, $4,000 for the
latter ans SIS, 56O,000 for the former
The Commercial Bulletin, from which
we take them, says "This is a very
extraordinary exhibit, and exhibits eth
er very important general advance in
rates or a very large traffic in general
merchandise and passengers. AS rates
have not been materially advanced this
spring, the increase must be due to the
heavy purchases of merchants, the trans
portation of grain from the west having
been comparatively slight
The discovery of workable deposit of
mica in the neighborhood of Grafton,
New Hampshire, promises well for in
creased mineral supply in the granite
state. The survey by Professor Endlich,
Of the Smithsonian institute, showed the
presence, besides mica, from which
sheets nine by twelve inches could be
easily obtained, of great quantities of
feldspar rock and crystalized quarts,
both valuable as the raw material for the
manufacture of porcelain ware. II this
mine turns out as well as expected, it
Will make the fourth good yielding mica
mine on this continent. There is one in
New Hampshire, not far distant from the
site of this new one, one 10 North Car
olins and one in Canada. The Canada
article is poor stuff. The vein in North
Carolina furnishes the best mica for
stove manufacturers, but is difficult to
work, because the vein is about one hun
dred feet below The surface and subject
to frequent flooding. The total present
product of oil these mines is about DIS
00o pounds a year, of which the stove
makers use nearly all; but there is de-
mand for mica for other purposes which
would develop into considerable proper
tons if the article could be certainly
obtained when wanted.