The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1882-06-14

island ranchmen have raised herds Of horses,
cattle and sheep.
Bunalos breakwater does not break so much
water as could be desired, The work proceeds
slothfully, because of the penny-wise appropria-
ions. mere are 1, l3I feet completed, and il Is
intended to add S,l63, But the wisest newspaper
In Buffalo can not say when this win be accom-
plished.
The receipts and exports of cheese ut New
YORK since May compare rs follows;
Receipts, Exports,
For week ending June o.. ZOO 1850, 476
Same week in 1881. .......... 1891 26l5, SCI
Since May /, characterization G23i,S5g
same time las, year. .........2Sl, 960 977S,555
Aberdeen Examiner Captain George W.
BaShaw who has Just returned from n visit to
the CorinLh silk factory, brought two hanks Of
us line silk as can be produced anywhere that
were spun by Mrs CroZier from cOcoons of this
years growth, He reports the silk enterprise in
that town as ina highly prosperous condition
IL Is reported that Il new cable company has
been formed, 10 lay a new cable between this
country and England, for which stock TO the
amount of 81, 600 900 has been subscribed in Lon
don. Mr.. Garrett has arranged TO operate the
new cables in connection with the Baltimore n
Ohio telegraph company which was recently
incorporated in New York state The estimated
costs OF the cables Is 100000. 1t is intended
to charge 20 cents per word for messages from
the public.
The receipts and exports of butter at New
York since May | Qhe beginning Of the trade
ysar) compare MS follows;
Receipts Exports.
For week ending June O..... 25,57s p 2Ss Ss5
Same week in 1881 ........., 3g'668 3OI 98I
Since May !, 1889 .,,......... .l3G.022 6s5 5l3
Same time last year ..........1563ji l225 $40
The conl fields of the United States embrace
an area of l96.650 square miles, while the other
coal producing countries of the world have only
an area of l6,i9i square miles. OF these,
the English North American colonies have
1880 Great Britain, 500 square miles;
rranee ian, ana ~, PRUSSIA little over 900,
and Belgium bio, The Increase in the produe-
ton of coal has Ind Il marked effect upon the
production of iron, the former having increased
90 per cent. between 1869 and 1851 and iron IL
per per cent, due 10 the greater economy of fuel
In the manufacture of iron French statisti-
cian who has given gcatdeal of careful study
To this question, estimates that in 1850 the cOal
production of the world was 100000 tons. of
this amount Great Britain produced onehalf,
employingin the industry Q33 men which
would be on basis of 1903 ions to each man en-.
ployed; the other countries employed 1876 600
men, being 200 tons 10 each man, The
t ta oo number OF men employed was
l,2l9SSS, the wages amounting to s3G,-
100000, making an average cost of 81 per ton or
the coal producing states, PENNSYLVANIA stands
At the head, Its production IN 1881 being of nm.
thracito 81, 800 000 bituminous 10000 900; total
bl,5VOooo' OHIO second, with S2jOO0O tons; IL.
with $500 900. The total amount of anthracite and
bituminons coal produced in the states during
The calendar year was ~, 905, 600 tons
Jose uftls MohaSterio manager Of the Mexican
corporations which have recently received con.
rived In New. York. lie said: "Three com.
panies have been organized under Next
can charters, and are established with
Mexican capital. We have contracts
TO run, four distinct lines of steamships
under the Mexican flag, Our first will run from
Vera Cruz and Havana to New Orleans, Calves.
ton ana other gulf ports, beginning in about six
months, Our second limo will run between Vern
Cruz, Havana European ports and the Canary
ISLANDS, beginning IN November 1859 The
next line VIII run between New York lIayann.
Vera Cruz and other Mexican ports. About the
same time our fourth line viii begin running he.
tween Vera Cruz and Havana, Spain France and
Italy, our concessions cover over thirty years,
and the subsidies will amount TO about s25, OOO,.
OOU. besides commission upon Immigration. |
nm now on my way TO Europe to negotiate for
the building of steamships ana shall also 500
the American ship builders. We will probably
have vessels button the Delaware and also in
Europe"
The New York Herald of June 9Th says. "This
is cold day, and manufacturers feel that they
are decidedly left" II Is capital weather for
work and every day continuance of the strikes
takes thousands of dollars from the right side
OIL their ledgers. One year ago the present scale
was considered reasonable and was not objected
70 by the manufacturers Under 1t the mill stock
holders realized large profits, and on the LIST of
January last the Iron business was In most sat.
isfactory condition. rs shown by the handsome
dividends declared ut that time. The capital
stock of seven mills ~ 81, 2G0OCO, and upon this
sum dividends 0ggrogatlng El2000 were dcclar.
cd, showing an average pro0t OF nearly twenty
two per cent Since the favorable showing was
made nothing has occurred In the iron market TO
Indicate that the profits nro any less to day than
ON the list of January, Here then, lisa business
mat bears some resemblance TO bonanza.
Twenty two per cent net profits Is not realized
IN any other business In this city, Real estate
owners are happy when they get ten per cent
and money lenders find great dnculty In oh.
tanning six, while many Of them invest In GOV.
ernment bonds nj four per cent II Is plain,
then, that manufacturers arc realizing more
than u reasonable profit on their investment
True It's published TO the world that the iron
market Is falling, but there Is good reason 10Y
believing that the decline is fictitious"