The National tribune. [volume] (Washington, D.C.) 1877-1917, 1882-10-12
OUR GROWING COUNTRY.
lis Industrial, Commercial, Railroad,
and Agricultural Development.
FINANCE AND TRADE.
Latest Reports from Leading
Business Centres.

William IT. Vanderbilt, accompanied by Au-
gustus Schell, Samuel Barton his nephew, who
has his stock raising in charge, his sons William
X and Frederick w. his uncle, Capt Jake
Vanderbilt, Foster Dewey and Mr.. Ellis, of the
Schenectady locomotive works, left New York
on the 9th inst. for a trip over the railroads in
which he is interested. At Chicago they were
Joined by General Manager Newell, of the Lake
Shore. and Presidents Keep Of the Chicago and
Northwestern Railroad. The party will be
gone two weeks, and will go as far West as
Denver on the Chicago, Burlington and Quincy
railroad, and possibly to Salt Lake City.
A stock exchange has been organized at the
City of Mexico without charter by European
brokers under the auspices of the Mexican Ma
tional Bank, and was opened for business yes
terday.
The fifth annual convention of the Pennsyl-
vania NIillc7s' Association met at Harrisburg
Monday, over one hundred members being in
attendance.
The building enterprises of TIE cities of New
York and Brooklyn during the past three
months foot up in value $1AO0O,00O Of this
sum New York expends $9,67f,3lS for new
structures and about $1,000000 for alterations.
Adding to these figures those for the first half
of the year, the aggregate expenditures for
architectural Improvements in the two cities
since Jan. is, in round numbers, $lS,O00,000.
The hop market has never before, according
to all dealers, been so excited as it is now.
Prices are unprecedently high. When it was
certain that the hop harvests in England,
Bohemia and, in fact, throughout Europe were
only up TO half the ordinary production, Eng
Iish brewers and hop dealers at once cabled TO
the United States to secure a very large share
of our hop crop, and some weeks ago actually
secured a quantity estimated at one-fourth of
all on hand, even buying the ungathered hops
in the fields. The price ran up IL four days
from So cents pound to % cents.
The following are estimates based upon re-
ports received from the several counties as to
the yield of the grain crops of this year in the
State of Minnesota: Reports from 10 counties
viii, from an aggregate of sos, O64 acres, claim
mean average yield of 1409 bushels per acre.
The entire wheat acreage of the State this year
was 1869, 697, and, at an average of ii bushels
per acre, this gives q total yield Of $685. Cos
bushels, which IS thought to be an estimate
that will approximate the actual yield as
closely as possible.
According to the statistics gathered by the
Chicago Railway Age an aggregate of sos miles
of new railway have been laid in nine months.
This total, which relates only to main lines,
embraces seventy-nine lines in thirty-fOur
States and Territories. During September the
largest number of miles in any one State were
laid in Iowa, where on six lines 154 miles were
put down; Georgia is second, with ninety-four
miles on three lines, and Pennsylvania third
on the list, with ninety-one miles on eleven
lines. The others range from three in Maine
and New jersey respectively, four in Ken
lucky, and five in Mississippi, to seventy-seven
in New York. The year ISL was character
lied by the large enterprise in this industry,
but an examination of the statistics proves that
during the first nine months of that year only
5000 miles had been reported; the record for
1882 is almost double.