The National tribune. [volume] (Washington, D.C.) 1877-1917, 1883-06-07
OUR GROWING COUNTRY.
its Industrial. Commercial. Railroad,
and Agricultural Development.
FINANCE AND TRADE.
Latest Reports from Leading
Business Centres.
FINANCE AND TRADE.


An abstract or the special report OF Mr. Bur-
ehard. director Of the mint, upon the prcduc-
tsaa Of the precious metals in the Unitee States,
SLOWS that the yield of the mines Of the United
States for 1852 was $50 500, 600 in gold ana
$s5.se3 9G9 in silver. This shows decline of
s. e3a, 030 IN god aud al increase OF s. coo
in stiEcr rs compared WITH the previous year
Tl,e comparative decline IN the production Of
gold Mas greatest in talifo.nia, the yield being
ss,fsaeee less than in 1851. of the silver
sI5.15o.g go were exported. California still
nsGs.ltains the second place in the list Of gold
and silver producing States. Snd It's gold fields
SHOW no evidence OF exhaustion.
Agticles af incorporation Of the Peoples Tele-
phone and Telegraph Company, Of New Eng
laisd. were fled ia the county clerk ; once IN
New York city on the 29tb hit. Ie incorFeTa-
tons are Frank Jones, Of Portsmouth, n ii. /;
James z. Cook, Of Salem, Mass; Henry NJ.
Cross, Of Newbusgporf, Mass, ala Ernest Marx,
of New York The company is 10 Construct
and maintain lines Of telegraph within the
States o. New York, Connecticut, Rhode Island,
Massaehns Maine, New Hampshire aud
Nt,1not. The capital stock IS fixed at $780,
oe9, divided into 100000 shares Of $50 each.
At the recent annual meeting of the New
York Produce Exchange. il was reported that
TIE new exchange building would he con-
piefed by March ] lSSt ii ) expected that
$Ia2,G53a year VII be realized from TIC sale Of
seats The annual meeting of the New York
Cotton ExcaaDge was held on the 2aih nit. The
bnilding committee reported the purchase Of q
site for new exchange at s cost OF st051g3;
the baiidiag VIII cost about s5,039,009 Five
members died during tie year and thirty-iiye
nes members We're admitted.
Company, ia Florida, pro4ise a bonanza 70 AIR
Hamilton Bissfon. Of Philadelphia, aud his
associates. Ut is announced That the reclaimed
lands along the <al0osahatchee River are being
rapidly taken up By settlers from tie West and
froIa Louisiana and South Carolina The im-
migrants arc chiefly cngaoed IN The cultivation
OF fruits, and SO successful have their frst
ventures been that these lands have appreciated
fully 500 per cent. The same Is also said o1 the
lands along the kissimmee River, on the west
err coast, and in Polk county.
The annual meeting Of the Pacific Mail
stsztzls'' p Company was held il New York on
the Seth uit. The president reports that the
aati-1hiaase act caused falling OF amounting
TO several hundred thousand dollars in the re-
celpts from Chinese passengers TO this country,
but the number carried to British Columbia
made up for the loss The entire indebtedness
OF the company is 81. 100000. owed to the Pana-
ma Railroad Company, which is being liquida-
led al the rate of $4,000 per month. The net
earnings were nearly per cent ON the capital
stock.
The rolling-min operatives at Cincinnati
have presen ted TO al the mil proprietors of that
district new scale of prices. being the same as
that OF June. lSsi-an advance OF fifty cents
per ton in mills using the ore fix. In every in
stance the scale wsls rejected. The mill-owners
claim that the operstives are bound by the con-
tract made in ISsl not TO present a scale of
prices. bat 10 continue the scale in force in
June, 1851, until a scale is agreed on at Pits
barg.
An order was issued on the 29th ult from
the Philadelphia aud Reading Railroad Com
paaF's Office 10 the effect that that company
has taken POSSESSION of the railroads. leased
Ines. ferries and real estate OF the New Jersey
Central Railroad Company. The order gives
notice that ele jurisdiction of the various de-
parTmriits of the Reading Company are ex-
tended over the corresponding departments Of
the Jersey Central.
The conference of iron manufacturers and
the committee Of the Ainalgamate6 Association
st firssbErg on the 3Ist ult resulted in the
sisr.ing OF last years scale OF wages, which is
500 per ton for pudding. 1t is claimed that
this insares the running Of all the mills In the
West for one year longer. Great sstisfact ion is
- inevitable
The new watsr-works at Knoxville, Tenn,
have JUS been completed. at a cost of Sl508Bo.
Water yeas turned into the mains last week.
On the night Of the Beth nit. the bottom drop
ped out ol one OF the reservoirs and 100000
gallons OF water DISAPPEARED IN i've minutes
TIE reservoir was built On top Of a cave. whose
existcnee was rot suspected until it swallowed
up the water.
The Official Journal City Of Mexicol pub
fishes a contract between the Mexican govern
niznt, Jay Gould aud General Grant by the
fer1ns of which the Mexican Oritntal and Mex
ican Southern RelGiads are consolidated The
Aexll3n seu bern. for eriv without a sub
Sentioa. VII receive 5000 per kilometre
constructed.
The wheat crop Of northern Texas is re-
parted 70 be in fair condition. and promises an
syeraee yield. The early sown is the best.
Harvesting has already begun. The early
soTn OATS promise well. and the Weld viii be
good Gotten and corn are doing Wen. The
crops are fifteen days lase
Dsconrarine reports Of the condition Of the
crops IN southern NirsiHia have been received
al fetersbprg. Cotton is said % be coming mn
badly. The tobacco plants arc small and the
crop vii be late in the peanut section many
farmers haze been compelled u rcplalit
The National Free Trade convention met at
Detroit on the 3lst ult Hon. David A. Wells
WAS elected president, and made q strong free
trade speech. A letter was read from Charles
Francis Adams, Jr.
The Globe tobacco warehouse, said to toe the
largest IN the world. was formally opened ut
Cincinnati on the 25th ut. IL Is seven stories
In height, and has four and three-quarter acres
of foor space.
President Gowen, of the Reading. SAYS the
Philadelphia branch OF Che Baltimore and Ohio
rs expected TO be completed in sixteen 20 eigh-
teen months.
0lilo's Banner Post.
Comrade Carl y. Bancroft, Past Post Com
nander, Columbus. writes us as follows: Every
comrade of l. G. Mccoy Post. No /. is Oh duty,
sn6 we report through your columns to the
So. OIL. -