The National tribune. [volume] (Washington, D.C.) 1877-1917, 1883-07-19
OUR GROWING COUNTRY.
Its Industrial, Commercial, Railroad,
and Agricultural Development.
FINANCE AND TR AIDE.
Latest Reports from Leading
Business Centres.
FINANCE AND TRADE.


ness and inactivity continue 10 characterize
the milling business the present week being
even little more OF than usual. The produc-
ton of -four by the mills in Minneapolis,
Mimi, viii be comparatively light but fully
large enough TO suit the views of our millers.
On Tuesday there were twelve mills In opera
ton, the production averaging about 10000
barrels per day. against 1890 barrels last week.
The latter low figure resulted from the week
containing holiday. The flour markets are
less favorable than a week ago. there being
comparatively no inquiry from abroad. They
were picking up 10 some extent AZ the close of
last week, but were AGAIN greatly depressed by
the break il wheat in Chicago. The wheat
stored in the Minneapolis elevators, including
the transfer elevator, July 10th, was 10000
bushels. There Were about $4,000 bushels in
the mills. making the total amount OF wheat in
store in the city l.737,000 bushels against
1.5.5, 900 bushels last week The wheat stored
at ST. Paul is about 2lS000 bushels. The wheat
in store in the Daluth elevators is 330,O52
bushels.
The Rail,uay Ace publishes statistics of rail-
way bailsing for the first half OF the current
year These show aconstruction Of :. 509 miles Of
main track, not including switches or sidlngs,
on ia lines, in thirty-ire States aud Terrific
rics. During the corresponding period last year
1880 miles were constructed. This difference
is accounted for ON the ground that last year
commencement OF the work, while the reverse
is the case this year. In ISL, when $500
miles were laid only $500 miles were laid in
the first half Of the year. The Age estimates
tie construction for entire year at 5000 miles.
California leads thus far with 200 miles built
IN lSS3: Montana is next with 1876; New York,
1873; Pennsylvania, lS6; Utah, log; Idaho, LIP,
and Arizona, l20.
The Secretary of State of Michigan has just
Ts.t--
rainfall during June was near 10 inches, ex-
ceeding tie average for five years by a inches,
and for seventeen years by inches. The first
eleven days Of July were sh0wery, making il
impossible TO cure hay properly or cultivate
CORE and potatoes. Much more wheat is grass
lodged than usual. COMPLAINTS of wheat rust
ing are quite general. The probable yield of
wheat this year is 24,l94,0o0 bushels. Other
crops compared with 1882 show percentages as
follows: COrn-Acreage, 80: condition -
Oats-Condition. 81. Rarley-Condition 81
Wheat was slightly injured by insects. TWEEN
ty-six per cent. of the corn planted failed to
grow. Apples promise an average of 81,
peaches 81.
The secretary of the board of equalization
has Just completed table showing the number
of railways in Missouri and their valuation
Is fixed by the board last year The number
of roads is 3D. and their total valuation is $780,
e., 957, an increase Of s. s9S 600 over the pre-
rious year. The total value of railway bridges
and telegraph lines in the State is 500 $4,000 an
increaSe over the preceding year of 81, 1000.
The total loss by fires in ST. Louis for the first
sixmonths of this year is S440.s05 and the loss
70 insurance companies $322, S07. This is only
about half as great as the loss for the CORE
spending time last year.
At the recent meeting Of the promoters Of the
South Pennsylvania Railroad Company COM
mittee, consisting of DIR. Hotstetter. Mr. Twom-
bley, +. b. Gowen. ". *. Vanderbilt and w c.
Whitney. was appointed to take charge of the
construction of the line. All the stock has been
subscribed, Mr.. VIM. III. Vanderbilt heading the
list with $5000.000, and DIR. Rotstetter follow
ing with 100000. The lowest subscription
Is $4,000 Nearly all Of the Philadelphia and
Reading board of management have subscribed
$4,000 each.
The Commercial Travellers National Associ-
ztion, at their meeting at Cleveland elected
NJ. B. Cole, Of Boston, president; Thos. A.
Young, Of New York, and J. L. Trask, of ST.
loais. vice-presidents, and j. W. Page, of SYRIA
cuse, secretary and treasurer. Resolutions
were adopted 10 have the association ineor-
porated- The place Of meeting next year is
Boston.
The Northern Pacific Express Company (capi-
tal 100000 fled articles of incorporation at
St. Paul Mimi, on the 18th inst. The Express
Company was formerly run by the Northern
Pacific Railroad. The franchise was purchased
by +. Billings, 7. f. 0akes A. II. Harvey, E. ID.
Adams, b. p. Cheney, VIM. Endicott, and H L.
Higginson.
The route Of the Fargo and ST. Louis Air
Line Railway has been determined upon The
road viii run from Fargo through Wahpeton
and along the Bots de Sioux River, and will
enter Minnesota near Lake Traverse running
through Graceville and Ortonyille to Fort
Dodge, Iowa. The road viii be put under con-
tract Immediately.
Senators John T. Morgan, Of Alabama: T. G.
LaHlIan, CT New York, and VIM n. Call. of
Florida, the subcommittee Of the Committee
on Foreign Relations investigating the fisher
les Cd the Atlantic coast, are holding a session
nj Congress Hall. Cape May. Colonel Babeock,
United States fish commissioner is also there.
The prospects for the hop crop in Ontario,
Canada, are poor, and the yield viii probably
be Ear below the average. The cause lies IN the
ravagcs Of the small queen flies which have al
most stripped some Of the weaker yards. The
average this year has considerably increased.
but the aggregate yield Will be small.
Five pauper Polish Jew families were brought
70 New York on the 10th inst. by steamer The
emigration authorities notified the steamship
company That these immigrants must be re-
turned. About 200 assisted immigrants arrived
a. Boston on the steamer Austrian. None were
Of the pauper class.
The machinery Of the Louisville exposition
is 70 be run by a Reynolds-Corliss engine of
N 60J-horse power. 1t has arrived and is being
Vet in position. An enterprising German.
wing faith in the success of the exposition
paid 5000 for the beer-stand privilege
special meeting of the various telephone
comlmaies under the Lowell management was
held on the llth inst The quarterly dividends
are: Bel National and Maine, II: Boston and
the Northern, 3; Suburban. p; Bay State 24
and Union, Ii per cent.
The New York board Of aldermen. on the
11th inst, passed over the mayors veto their
resolution giving the skilled and unskilled
lsborers in the employ Of tke city half holi-
day from noon every Saturday until the 18th
Of next September.
The regular meeting Of the Western Nail
Association was held in Pittsburg on the llth
inst. 1t was decided 10 suspend operations in
ali factories for month beginning next Mon
day, 10 prevent any depression IN prices.
Pierre Lorillard's racers, Iroquois, Aranza,
and Parthenia, arrived az New York on the
1lth inst, on the steamer Erin, which left
London on June q. They stood the voyage
well, and are in excellent condition.
The Philadelphia Commercial Exchange has
passed resolutions calling on Congress TO re-
deem the trade dollar at par or legalize the
issue OF that coin.
A special from Little Rock Says adyices from
the cattle centers indicate that the drive this
wear will reach 600Ol0 head .yainst 250 nGn