Northern tribune. [volume] (Cheboygan, Mich.) 1875-1885, 1882-01-07
NORTHERN TRIBUNE.
ntered at the PostOfice at ChebOygar
Mich, as Second Glass Matter.
SATURDAY. JANUARY7, 1882.
THE CITY OFTHE STRAITS.
A Resume of Her Commerce and
Manufa ctures for 1851.

Evening News Of an elaborate article in
the Detroit Free Press showing the busl
iness operations of the city of Detroit
during the past year: The growth of the
trade was clearly in excess of that Of
any previous year. AS compared with
1880 the traffic in general merchandise
has increased from 10 to Is per cent.
Manufacturing interests have been aug
mented fully 20 per. cent. Many new
and promising enterprises have been
undertaken. Altogether the year has
been a remarkable one, in business
way, for the City of the Straits.
BANKING.
During the year one new banking
establishment, with capital of 100000
was established. The average rate Of
interest on accommodations has been
from to s per cent. An abundance of
currency has generally existed.
FLOUR AND GRAIN.
The amount of grain actually handled
in this city was not 50 great as hereto
fore. Nevertheless, the need of further
elevator facilities is continually appar-
ent. On change the year has been an
active one, many new members hay
ing been enrolled. There has been
a falling off in the commission
trade in -four, on account of purchasers
generally going to first hands for sup
plies. Milling operations have not been
as heavy as formerly, on account of the
destruction of the extensive Union mills
by explosion, and the conversion of the
Central mills into the glucose works.
About l4f"D barrels of flour were man
Ifa"' "'hr'- ing the year. The total
our by rail were 336085
lmeslts 351,965.
LATIvE BUSINESS.
.-driiOns in wheat
5z,,OO. bushels, of which
o.erti by option sales,
in2 spot sales; Two
4 In the trade, with liza
il, Co. .- s!ting Sl40,GN. The wheat
,rr.iici ut tnt state TO the extent of o.
900 q blishpiS.nearly the whole amount,
= accounted for 10y the amount used in
,uiiling. in home. consumption by the
families of producers, and the amount
shipped TO Detroit and Toledo, and east
ward via Grand Trunk and Canada
Southern.
COARSE GRAINS.
The trade in corn and oats has been
the largest since 1877, but has been
greatly hampered by the inadequacy of
elevator facilities In this city. There
has also been an increase in transac-
tiOns in barley.
GENERAL PRODUCE.
A large increase is noted in the COM
mission trade, although the apples, pO-
tatO and small fruit crops, were very
light.
GENERAL MERCHANDISE.
The average increase in the sales OF
clothing, boots and shoes, dry goods,
drugs, hardware, groceries, and branches
of trade related thereto, is placed at
121@ per cent. In the lumber trade the
increase has been much more marked,
having been 33 1-3 per cent. in ship
ments and % per cent, in, home con-
sumption.
MANUFACTURES.
The manufacturing interests OF the
city show a most gratifying enlarge
ment, 43 new establishments with a
capital of $2,90O,OOO, and employing g.
800 persons, having been started during
the year. The capital invested in man
ufactures is placed at $19,600,O0O, dis
tributed among 900 establishments, and
employing 24670 persons. The largest
increase during the year have been in
various branches OF manufactures of
iron.
LIVE STOCK AND PROVISIONS.
The wants of the city in respect to
market supplies of this kind appear
to have met more adequately than here
tOfOre, an improvement in the quality
of live stock being noted. The receipts
Of hogs and preparation of hog products
have fallen off during the year, however,
and the exports have in consequence
been less in quantity. n
RAILROAD AND MARINE INTERESTS.
Want of terminal facilities has pre-
vented the immediate realization of the
anticipations found in regard to the
completion of the Wabash connection to
this city. The completion of direct rail-
road communication with the northern
peninsula is one of the most important
connections of the kind established in
years. The railroad interests of the
city are now of as much importance as
the marine interests which brought the
city into existence and. supported 1t for
many years.
The shipyards are crowded with work,
and fifteen new vessels, with an aggre-
gate tonnage of 11,443 tons, were placed
in commission during the year, num-
a