The National tribune., 1882-11-16
It's Industrial, Commercial, Railroad,
and Agricultural Development.
FINANCE AND TR E.
Latest Reports from Leading
Business Centres.

turns of previous months. The planting was
late and replanting more general than for sew
eral years. The prospect up to July LIST was
discouraging, causing a sharp rise in values OF
grains and meats Since that date the season
has been steadily favorable to growth and
ripening, and deferred frosts have made the
growing period Of fully average length. Con-
dition July LIST, average So; it was So in Au-
gust, the same in September and 81 in October.
Last year condition fell from 90 in July to Sc
in October, presaging loss of over 450O00O0O
bushels which was fully realized. The Depart
ment has three tests of quantity produced,
viz:-Comparative condition in October; yield
per acre returned in November, and in Deem
Der: total product as compared with total of
previous year. In October the highest indication
of aggregate was 16S0000,000 bushels, and it
was stated that later returns of product may
slightly reduce but cannot materially increase
this result"
The present returns of yield make a general
average close to p bushels per acre, which is
under medium yield. confirming the prediction
Of September 1st that the heavy production Of
1879 and 1850 cannot be approached under the
most favorable circumstances, which was 28.10
bushels. while the average yields of ten years
to 1850 was nearly p bushels.
The November returns of yield per acre, on
an average between siXty-fve and sixty-siX
million, make an aggregate of 1,650, 600, 900
bushels. It's distribution in round numbers is,
New Englond, 100000 bushels; New York,
21,0O0000; New Jersey, 10OO0000; Pennsyl-
vania, 100000; Delaware, 100000; Mary
land, 100000; Virginia, 35OOO0OO; North
NJ ], Ie
Georgia. 100000; Florida. 100000; Ala
hama, 100000; Mississippi, 25,OOOOOO; Lou
isiana, 100000; Texas, 100000; Arkan-
sas 100000; Tennessee, 100000; West
Virginia, 100000; Kentucky, 100000;
Ohio, 100000; Michigan, 30OO00OO; Indi-
ana, 100000; Illinois, 209,000,000 Wiscon-
sin, 100000; Minnesota, 21000,000; Iowa,
1S6,000,00O; Missouri, 1S4,OO0,OOO; Kansas,
151,0O0,O0O; Nebraska, 100000.
The quality Of the crop is superior through
out the South. 1t falls below the 100 in only
eighteen States and Territories only one point
below in Michigan, two in Ohio, three in Ne
vada, five in Indiana, Vermont, and Utah, six
in New Jersey, eight in Colorado, nine in New
York, ten in Rhode Island and New Mexico,
fifteen in New Hampshire and Iowa, sixteen in
Dakota, eighteen in Minnesota, and twenty
two in Wisconsin. 1t is not probable that the
crop will exceed the above figures.
The Department of Agriculture reports ex-
ceptionably fine weather during the present
month for maturing and harvesting cotton, and
returns the estimated yield of the acreage of
each State as follows: Virginia, pounds of lint
per acre, rs; North Carolina, $50 pounds
South Carolina, 1873; Georgia, 152; Florida
LIZ; Alabama, 80; Mississippi, 100; louisiana
OBS; Texas, 240; Arkansas, 233; Tennessee
179.
The dispatches to Bradstreet's last week from
the leading trade centres of the country reveal
a quiet state of general trade. The sales of dry
goods have been disappointing, owing to the
prolonged warm weather. Reports from the
cotton regions of the South are still favorable
The foreign markets for breadstufs are rela-
lively irmer than the home markets, and on
this side of the Atlantic the seaboard markets
are relatively much firmer for both wheat and
corn than those of the West. The iron market
continues to exhibit the features Of weakness
heretofore reported. Iron trade journals attrib-
ute this state Of affairs in part to Over-produc-
ton, which appears strange after the prolonged
strike of last summer. The pronounced weak
ness of steel rails is noticeable. The anthracite
and bituminOus coal markets are fairly prosper
GUS. Cotton is suffering from lack of rail trans
portation facilities and high coast freights. The
price Of certificates of crude petroleum has
fiuctuated widely. On Monday the largest sales
in the history of the trade were recorded and
values went to $1.36, but since then they have
declined to $i.13l, and have advanced again to
estimates Of daily production is respectively
from $4,000 to 1000 barrels, with the daily
consumption at $1,000 or G., 900 barrels every
q hours Refined oil has advanced about l
cent per gallon. The prospect is for a higher
market in the absence of new flowing wells
and excessive carrying rates. Grain and petro-
leum shipments have increased. The consump-
ton demand for wool has continued to be of a
very conservative character, and, while there
has been no appreciate change in prices, the
market has favored buyers.
The number of business failures reported to
r. G. Dun & Co., of the Mercantile Agency, last
week, numbered IA, Of which 132 occurred in
the country and in New York City. This is
considerable increase on the previous weeks
and failures are Of more consequence than
usual
RAILROADS.
The BaiICoy Age states that railway construc-
ton during the month of October in the United
States aggregated 106S miles of main track on
seYenty-one different lines in thirty States
making a total for ten months of the present
year of LAB miles, on 293 lines, in forty-three
States and Territories, and estimates the con-
struction for the year at between II, 900 and
1900 miles, which far exceeds the construc-
ton in any previous year. Dakota leads in
construction during the past month with 131
miles; Texas is next with GO.
The statement of the Eastern Railroad Com
pany for the year ending Sept. 3Oth shows the
gross earnings to have been s., 403,07 an in
crease of $308, 853 over 1881; the operating ex-
penses were s., 292 967, an increase of $343 1874:
fhe net earnings were 81 ITO 100 q decreasa IF