The National tribune., 1883-11-22
OUR GROWING COUNTRY.
Its Industrial. Commercial, Railroad,
and Agricultural Development.
FINANCE AND TRADE.
Latest Reports from Leading
Business Centers.
AND TRADE.

There have arrived at New Orleans in tn,
past few weeks two large bodies Of immigrants
aiaOunGng in al 10 nearly one thousand per
Sons or about oBe-3hird as many as usually
arrive there direct from Europe during al
entire year. This IS regarded by the New Or
leans Times l5ell9cr0j as the beginning Of tn,
immigration movement which il predicted
Fe-le months ago rs one Of the natural results
oE The commercial Improvement and develop
meat Of the city. The gises-D Democrat pre-
diets thar New Orleans IS destined - TO become
TIE Castle Garden for the entire Southwest
the greater portion OF the Mississippi Valley
and fer al Texas and California" OF the new
arrivals a considerable number go straight
O. tl-Dueh 10 California, via the Southern Pa
cilc Railroad.
The annual meeting Of the Plant Investment
Company was held in New Haven. Conn on
the 10th inst. The following gentlemen were
elected directors: Henry g. Plant and Morris
K 5essap, Of New York Henry Sanford. OF
Bridgeport; LARGO Blackstone, of Norwich
O. III. Iilley, Of Darien; B. F. Newcomer. oi
Baltimore, and w. S. Chisholm, Of Savannah
Ga. The annual report shows that the company
has control OF GOO miles Of railway in opera
zion II Florida. and is constructing $50 miles
which VIII be completed the present season. A
portion Of the line IN construction is from
Sanford. on the upper ST. Johns River TO Tampa
City, on the Gulf OF Mexica. 1t is expected
that the line VIII be completed early in Jan
uary, 1854. when steam connection viii be
opened between Key Vest and Havana.
The project for erecting another handsome
hotel IA New Orleans IS taking positive form,
and large subscriptions have already been
made towards the enterprise The committee
on site recommend a hotel, to cost 500. 900.
including furniture, 70 be situated On Canal
street. and, ii possible, between Rampant and
Basin where the necessary ground, II by Isl
feet, can be secured for $4,000. The new ho-
Re Is 70 De known rs the Chalmette, an appro-
pirate s9d catching name. The committee.
which has made thorough investigation and
study q the hotel business, reports that the
S595s9jJ capital OF the company can be counted
or 10 yield from Is to - per cent. year on
the investment. ii is proposed to have the
new hotel ready for the reception Of guests by
The opening Of the cotton exposition IN 1854
The largest ore contract ever made IN the
South was closed On the 18th inst. by the gen
eTal manager OF the Tennessee Coal. Iron. and
Railroad Company with Mcssrs. @. p Curing
a. 20. The contract runs over 2 period OF six
years, and is for mining 100000 tons Of ore.
Under this contract the ore is mined at about
1fty-seFen cents per ton, and costs from 81 to
$l05 per ton delivered at the furnace. The
wees output Of iron at the furnace Of the Ten
1855
South Pittsburg, is the best showing ever made
in the South In the seven days the furnace
made 705 tons, seyen-eighths Of which was No.
4 foundry iron.
On the 18th inst the new stardard of time
Was adopted by the railroads Of the country.
The Eastern standard, or 10Th meridian time
vii b used east Of the Ohio River 1t is the
previous minutes faster than Washington.
minute faster than Philadelphia. 4 minutes
slower than New York and l6 minutes slower
than Boston The Washington observatory
noK drops the meridian time bali BY the new
standard, and the same VIII be communicated
TO Baltimore and all over the country From
the dates Of the adoption of the new standard
the announced time for the movement Of trains
OH ali railroads will be minutes earlier than
she tine previously kept by city clocks and
wzfcltS.
The conference of glass manufacturers and
EoIkmen, which has been in progress in Pitts
burg, Pa for two days, adjourned on the 10Th
lnst. without reaching any settlement. The
E0rEmen demanded an increase Of 10 per cent.
on certain sizes Of glass, and offered to accept
reduction on Others. The manufacturers stated
that they were willing TO start the fires Ia their
factories. but could not do SO unless reduction
o. - per cent. on single and 20 per cent on
double thick glass was acceded TO.
i
taken up, some 400 099acres having already been
sold An English syndicate has purchased
51,891 acres ID St johns county. on which
large English colony is 10 be settled. Colonel
Dunne, the president OF the Disston COMPANY. Is
81 the opinion that the interest now manifested
IL Florida is only IN Its infancy. and tbaf it
WI Sc O. increasing until 1880 will see South
tiasloa COVE 70 Cape Sable as thickiy settled
as the most favored county in the State.
The iron manufacturers Of Pittsburg are
gre2tly disappointed at the condition OF the
trade. Tie expectation was that the wear
would close with brisk business, but now, in
addition to the low prices which have ruled Cor
TIC las eighteen months, orders are filling OF
The result is That only one Or two mills IN
fltisbnrg are running full in al departments.
Hna there are rumols that in several work viii
shortly be suspended entirely.
The total number Of en,igrauty arriving y,
the United States during the month Of October
was zc,o53 Dursag the Ten months ending
Ocio5er 5lst the total was 50, lO3. For the cor
responding period Of last year the emigration
was respectively 67,027 and 6s0l5. showing
large decrease. Great Britain and Canada fur
nislcd over 10000, Germany and other leu
tonic countries 22,000
Owing 10 the depression in the iron trade
several iron mills 10 Piftsburg, JohnstorTD and
Aeaaine, Pa, have shut down and It is re-
ported tiat over 1900 men altogether are thus
thrown out Of work al the beginning OF winter.
The besserler steel works at Howstead. Pa.
have also decided TO suspend work
1t the meeting q the Western Nail Asso-
cation al PittsbuTg. Pa, on the 18th inst. a
general Suspension Of nail machines was or
oefed for period Of FIVE weeks. beginning
December = and ending February 4. No
change was made in the card rate.
Governor Hamilton, Of Illinois. on the 18th
ms, forwarded 70 President Arthur tran
sept of the act Of the Illinois Legislature
eealng The Illinois and Michigan Canal to the
Federal Government
During October The shipments Of cattle from
Canaaa 70 tie United Kingdom amounted TO
b.s7g head and the shipments of sheep TO
The Cleveland Rolling Nil Company's steel
~oflzs VAL shnt down for repairs about Decem-
Der Isl which VIII make necessary the closing
o. the rail mills.
The business failures OF the past week
throughout the United States and Canada
nu-nbcE 20, as against 2l5 the previous week
The Hartford Conn, Relief Corps.
The Worna-'s pelser oo,,r ,r .r..,..,...1