The National tribune., 1882-09-16
State Of the Cereal Crops and the
Probable Yield.
COMMERCE AND FINANCE.
Reports from the Leading
Markets Of the Country.

accurate r.ltoTlnation as to the general growth
and prosperity of the country. rs we as the state
of the leading financial, commercial, and cattle
markets, we begin this week, under tie head
of our Growing Country" new depG rtment,
which, we are disposed to think, will prove of
decided practical value to our subscrib ers. The
space at our disposal is so limited that, of
course. we cannCt give quotations of any save
the controlling markets and, owirig to the
fact that we go TO press on " ednesday,
although our issue bears date of Saturday, the
prices at the cloSe of business on Tuesday are
the latest that We can furnish. But in spite
OF these drawbacks, we believe our readers
will derive great banefit from the information
supplied in this Department. We shall be
glad to receive and consider any suggestions
which they may have to offer co ncerning its
conduct
AT the annual meeting Of the stockholders
Of the Texas and Pacific Railr Dad held on
Tuesday, the following Board of Directors
were elected: Jay Gould, w. T. Walters, Rus
sell Ssge. James p Scott, W. c. Hall, T. S.
Bond. Charles O. Baird, Fred j.. Ames, J..
Brown. H. NJ Hoxie. R. s. Hayes, 7. T. Eckert,
A. l. Hopkins. E. Il. Perkins, Jr., z. B.
WheeIociz. D. Tilsenheld and George J. Gould.
The directors then elected the following Off
GERS: President Jay Gould, First Vice-Presi-
dent. =. :. Hayes; Second ce-President,
John C. Brown; Third Vice-President, II. NJ.
Eoxie, and Secretary and Treasurer, C. E. Sat
terlee.
At q meeting of the Directors of the Man
haitian Railway Company on Tuesday, quar-
telIy dividend OF II per cent was declared
unan the first and second preferred stock. Ac-
cording to the statement given out by the
company. the earnings of the New York lines
for August show surplus Of $5Gs254 and the
earnings of the metropolitan lines show a def
cheney Of S17,22S.
ct special meeting of the stockholders of
the Hannibal and st. Joseph Railroad on
Tuesday, Jay Gould, Russell Sage, Sidney
Dillon, and Fred L. Ames were elected di-
rectoTs IN place of John Bloodgood, John r.
Duff, Austin G. Gorham and Horace Porter.
1t is understood in railroad circles in Cairo,
H. that the accession of the Hannibal and ST.
joe to the Wabash system will result in a raid
on the Mobile and Ohio, and end iu its con-
solidation with the Cairo and Danville division
of the Wabash. Jay Gould viii then have a
competing line on the east bank of the Missis-
sippi, a direct route to the east in conjunction
with the Ohio and Mississippi at Vincennes, by
way of Indianapolis and a share of Chicago
business, now controlled by the Illinois Central.
This coming winter will develop vigorous
fight between these two roads The people of
this section of the Mississippi Valley have
heretofore regarded the Illinois Central one
of the most gigantic monopOlies in the West.
There win be sharp fight for the winter traf-
1ic, as there is general determination of the
officers of the Cairo and st. Louis Narrow
Gauge and Illinois Central.
The Northern Pacific Railroad from Glen
dive to Billings, now undergoing construction
so rapidly employs 5000 men on the western
division, and 1909 on the northern. The
track is laid at the rate of one and half
miles day. At the end of this season the
Job will be only 800 miles. The road is ex-
pected to be finished next year.
At the annual meeting of the Pullman Pal
ace Car Company in Chicago on the 7th inst,
9I.353 shares were voted out of 200 shares.
The increase in the revenue over the previous
year was $7l2, 600, and an extra dividend Of II
per cent. was declared out Of the profits Of the
company for the past year.
Crop reports of Ohio for September give
the following estimates Wheat, acres threshed,
424,417; bushels produced, 7,066,554 average,
16.5: total acres Of wheat, 2,745,507; total
bushels, 45,l45,549 Oats, acres threshed, 67,-
20. bushels, I,755,793; average, 27.5; total
acres Of oats 634, ,573 total bushels of oats, 49,,
lI167I. Corn, per cent. OF full crop, IA;
probable bushels with weather till September
25th. 74l55, ,I50. Rye, per cent of full crop,
s.; barley, a; potatoes, 105; sweet potatoes,
50; tobacco, 60; sorghum, II; apples, 81;
peaches, b. Kansas crop reports based upon
information from twenty-seven points in the
State show favorable results. The corn crop
is at least two-thirds made and the aggregate
Weld viii not be less than 155, 100000 bushels.
II is calculated that thirty-five bushels to the
acre viii cover the injury done III some of the
western counties, and the State total is es-
timated at 155,O0oOOO busheles. The ay-
erage condition is computed at 10L Fayora-
bic news is reported Of broom corn and sor-
ghum and no widespread damage has been
done. Sugar mills are running full time and
some of them night and day. The average
yield Of wheat has been twenty-three bushels
to the acre.
OTR COMM ERCIAI REPORT.