The Mankato free press. [volume] (Mankato, Blue Earth County, Minn.) 1879-1924, 1880-02-20
TRADE AND MANUFACTURES.

The Ohio Valley Iron works at
Moundsville, o., are about 10 be resus-
cited and put into operation.
THE puddlers Of the Penn Rolling
mill at Lancaster, Pa, have received an
increase OF % cents ton for pudding.
IT il estimated that the increased cost
Of railroad building at present, as COM
pared with year ago, il %, 200 per mile.
The wheat crop of Australia for 1879
was 675, 600 tons or 25,000,000 bushels.
The grain il superior and averages sixty
eight pounds 10 the busliel.
A LETTER from Alexandria, Egypt,
says that large and profitable sale
might be made there Of American flour,
which commands the highest price.
THE revival of trade makes great diff
ference IN mems morality. The secretary
Of the treasury is receiving more contri-
buttons to the conscience fund than for
years,
CINCINNATI street railroad stocks that
cost twenty-five cents ON the dollar in
dollar IN money are selling at ninety
cents on the dollar cash, and the owners
want more on the same terms.
RAILROAD men estimate that one-third
of the entire railroad mileage and capital
of the United States has been compelled
to change ownership during the past six
years on account of forced sales.
The Evans iron works at Titusyllle,
Pa, have been successfully making iron
with petroleum as fuel for several
months, and now have orders on hand
that will require two years to fill, with
their present capacity.
1T seems strange for manufacturers TO
oppose the exemption of factories from
taxation, and that is the course which
the owners of the old cotton mills in
Georgia established before the war are
pursuing with regard to new fartories.
They even propose to test the matter in
the courts.
The Mauch Chunk Democrat, after
careful survey of the situation, finds that
there is only about a half supply of logs
at the mills in the Lehigh valley. 1t
places the quantity Oh handss 16, SOC, 900
feet. The choppers are awaiting snow
that will melt and swell the stream 10 O
sufficient size to float the logs down.
A BILL has been introduced in the Ken
lucky Legislature exempting from taxa
ton for the term of ten years SO much of
the capital of every mandatory, either
individual, firm or corporation, within
the state as was an the 10th day of JAN
uary, 1881, invested in material, tools
and machinery.
A GERMAN inventor proposes to make
boots that will never wear out-that il,
hardly ever. He mixes with q water
proof glue suitable quantity of clean
quartz sand, which is spread on the thin
leather sole employed as foundation.
These quartz sOles are said to be hexi-
bic and almost indestructible, while they
enable the wearer to walk safely over
slippery roads.
The low ocean rates are greatly in
creasing the variety of shipments. To
illustrate, O carload of wooden buckets
and dishes which are used 40 common in
the groceries here, were shipped to
Glasgow, it being an experiment on the
part of the manufacturers. The rate
was only little more than double the
rate per hundred for the same class of
goods from indianapolis to st. Louis
Indianapolis Journal.
The general belief that there will be
more railroad construction during the
year 1880 than in any previous year is
probably well founded, but one result of
the extraordinary rise in iron is that the
amount of construction will doubtless be
much less than would have been
the case had prices remained anywhere
near the old range. We know of several
enterprises, in which Boston capitalists
are interested, work on which has en-
tirely stopped until iron shall recede to a
moderate figure. boston Com. Butte-
tin.
THE Chicago, Burlington and Quincy
railroad has made handsome thing out
of the advance in iron. 1t bought TO- 900
tons of rails, to be delivered
during the year, from we'll
known Pennsylvania mandatory at
s42.50, delivered at Chicago. At
present prices the railroad makes fully
S4O0, 900 by the transaction. The manu-
featuring company that is filling this
contract is to-day offering S45 in the
Pittsburgh market for pig iron from
which to make rails, and their business
for 1888 will no doubt be losing one
THE repeated strikes of 'longshoremen
at New York has stimulated invent
i've genius, and it is announced
TINT a continuance has been devised that
will do the work of many stevedores, and
with less harm to the goods handled. 1t
is an automatic elevator, and is /" both
self-loading and sef-unloading, and is
patented for barrels, boxes and bales of
any dimensions, also for grain, coal and
water" One is in use at the National
line pier, and said to do the work OF one
hundred men, and give entire satisfac-
ton. An engineer and couple of
assistants comprise the manual force
necessary in its operation.