The National tribune. [volume] (Washington, D.C.) 1877-1917, 1883-04-26
ITS Industrial, Commercial. Railroad,
and Agricultural Development
FINANCE AND TRADE.
latest Reports from Leading
Business Centres.

tlfe use Of land for the growth of trees. Should
other States follow the noble example of Cali
furnia. il would not.be long before our agricul-
tnrists would be able TO retain the S30,G0O,0O0
that is now invested in foreign lands for silk
for The United States market. In France silk
Culture is part of the national education sys-
tern for girls Philadelphia has seyenty-four
silk manufacturing establishments or mills,
employing 6.0S6 people The value of silk
goods produced in that city in 1882 was 1904
500. Mrs. Lucas, on behalf OF the ASSOCIATION,
returned thanks to Mr. Charles Miller for the
1900 trees planted in Paramount Park, Phila-
delphia, for the use Of the association, and
stated that in May, 1884 the association will
hold an exhibition in Philadelphia equal to the
one OF last year.
novel exhibition viii be opened at Lyric
Ealf, y. Y, May 5-the annual exhibition of
the National Society of Taxidermists. The
purpose OF this society is the development and
improvement Of the ART Of taxidermy, and once
a year the members hold competitive exhi-
bition, discuss new methods and cultivate
their knowledge of the art. Besides ambi-
ton TO place correct semblances Of living ami
mails IN museums, the society pays close atten-
ton 10 decorative work, and the array of
brilliant tropical birds. made up in medallions,
screens panels, plaques, and groups, entered
for the coming exhibition, will afford sugges-
tons TO the ladies ON the lookout for something
The exhibition promises to be very full, and
has the encouragement of the Smithsonian
Institute.
A meeting of representatives of the twenty
one telegraph, telephone, and electric lighting
companies whose wires run through the streets
of New York, was held on the both inst. at the
Office of the Gramme Electrical Company, in
that city, TO consider the subject of providing
common underground conduit, In which all
electric wires can be laid. Resolutions were
adopted declaring in favor of placing the wires
underground, but stating that no satisfactory
system Of doing so has yet been devised, and
deprecating hasty compulsory legislative action
On the subject. 1t was resolved that COM
mittee consisting of one representative from
each of the electrical corporations concerned,
and the Governor of the State and the Mayor
of the city, be appointed to consider the best
method OF securing the desired object.
From various reliable sources an approximate
estimate has been made of the probable wheat
acreage in Minnesota and Dakota the present
year as compared with 1882 In the former
State loss in acreage is noted, owing to land
being given up TO dairy purposes, but new land
broken nearly offsets this The total acreage
in Minnesota in 1882 was z, So, 900, while this
year IL IS estimated that it Will be fully $780,
000. In Dakota last year the acreage was $780,
COG, which this year viii be increased TO 1900
total crop 10 fully 100000 bushels, as COM
pared with 100000 in 1882.
Prof. Henry Morton, of the Stevens Institute
OF Technology, delivered remarkable address
in New York on Monday, in which he showed
by experiments that by simple contriyance
AID at slight expense electricity could be used
rs q motive power, not merely to propel street
cars, but TO run the most complicated kind Of
machinery. The energy stored in box, a cubic
&rsr~ 1~--v r..lT-
from one end of New York city to the other
he claimed that the continuance might exceed
in value the invention of the telephone, as the
secret Of apilying electricity as motive power
has hitherto been sought in vain.
a heavy snow and wind storm, accompanied
by thunder and lightning, prevailed in Col
orado on Friday aud Saturday 1t was most
severe in the mountain towns. Houses Were
unroOfed and miles of telegraph poles blown
down. There was heavy fail of snow through
out the whole mountain region. Telegraphic
communication between st. Paul and points in
the Northwest WAS entirely cut Oft storm
swept over Chattanooga, Tenn, on Sunday
which did considerable damage to property.
The Pacific itself has more resources in it
than the Atlantic. To-day more wheat ships
rendezvous at the port Of San Francisco. not
yet known TO the commercial world for more
than thirty-fve years, than are found at any
OLueT IN the OBlteu cLdteS. More treasure
has been shipped from the Pacific States-that
is, gold and silver taken from the mines-than
has ever been shipped in the way Of produce
from ell the rest Of the continent of North
America.
Jay Gould has issued a circular TO the stock
holders of the Wabash, St Louis and Pacific
Railroad Company, of which he is president.
informing them that the directors have decided
to create collateral trust loan of $4,000, 1000,
IN SIX per cent. coupon bonds, running thirty
years, which are TO be offered 10 stockholders
~ par. The object Of the loan is to pay off the
floating debt Of the Wabash Company.
The annual report of the Chicago MiIwau-
kee and St Paul Railway Company shows that
the present estimated length of track is 500
miles, and that by the end of this year it viii
equal 5000 miles. The gross earnings for 1882
show an increase of SS009,O0O over the preced-
Ing year. The net earnings show an increase
Of nearly 100000. The total earnings were
about $20,000000.
ID. NJ. Higgs, president and general manager,
and james T. Challin, general attorney of the
Texas Continental Transportation Company.
are IN Richmond, Va, en- route from Cincinnati
30 Newport News. They are there. it is said.
Tor the purpose of contracting for the shipment
Of fruits and truck to the West and Northwest.
and 70 organize local traffic line for perisha-
Bile property.
The United States District Court at Little
Rock, Ark. has decided that the bonds issued
by Phillips, Monroe, ST. Francis, jefferson.
Chicot and other counties in that State. which
have been repudiated are valid obligations and
must be paid. The Supreme Court of Arkan-
sas has made decision TO the same effect.
The officials of the Northern Pacific Railroad
say that large slaughtcr-bouses win be estab-
lishcd at various points in the Yellowstone
country, along the line Of the road. with view
10 the shipment Of dressed beef to the East. and
by this means great saving will be made Ia
contrast with the shipment of live stock.
S. w. Tallmadge, Of the Milwaukee Chamber
Of Commerce, has collected reports concerning
the condition and prospects of the growing
crops of winter wheat in fifteen Of the priaci-
pal States Of the Union. and the summary
places the yield 100000 bushels short OF
last years crop.
dispatch from Fon du Lac, Wis, says:
Contrary 10 anticipation, winter wheat at pres
cct promises 10 be the heaviest croy, of anv fol
some years past The grain is all niccly rooted
and is winter killed IN only a ycry few places
where the water rested during the carly spring
months
bagging factory. to cost $4,000. is to be
PIT in operation 1t Mon;gomer Ala. most
OF the stock having been subscribed. several
firms subscribing $4,000 each. S. r. Raodau
superintendent Of tie bagging mills at Warren
Ohio, subscribed $1,000 and will be the super.
fntcndcnt.