Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1884-03-20
LOCAL MARKETS..
ioderate demand.

March ~, 1854
Yesterday was n good dly for wholesale
dealers In almost every branch OF trade
represented In the city. A firmer feeling and
somewhat llvclier tone was noticeable In
the dty go-ds market, though quotations
stand same as last reported
Groceries are more active with the market
1rmer Bacon shows AN advance of l.c and
iour Is also quoted little up. Sugars are
easier and coffee II shade weak. though not
quotlbly lower.
Country produce is without change except
on.onlonS, which show an advance OF 2sc. per
barrel.
Hardware is quoted same rs yesterday,
though shelf goods are little stliier.
In drugs there are no changes worthy OF
special mention. Cinnamon bark, bicarbo-
nate of soda. and linseed oil are quoted u III.
lie of but other goods are without change
Hides how an advance of llc.
VALUABLE RAILROAD STATISTICS.
The census report Tor 1880 contains the mo I
elaborate and valuable statistics OF railroads
over gathered by any country In tho world.
The cost OF all The railroads OF the country
and their equipment Is put at something
over Si,b}DoJ %; their aggregate funded debt
reaches 81, 100000, 81 as much az the total
| Understanding national debt and the mllni-
cipal debt oft country combined; and their
Income is s6'l tt0,OC0 per year, or which s57,-
10000 Coca for expenses and sl3i0 1000 10 the
! profit account. These roads are owned 10y
300 go persons. much larger number Than is
! generally SUPP osod. The number OF en-
ployes Is ileclo. The raironi interes, Is
without doubt the oSershadowing inter. 81 In
this country.
The British labor market, as indicated in
the regular weekly summary thereof, print
ed In the London Labour News OF February
~ wss assuming more settled condition.
The statement was nnde that employees IN
many lines where wages had been reduced
had agreed to accept the lower rate, which
was having It's logical eject in showing "A
more active industrial market generally
| Coal and Iron miners and Iron manuGictul.
| ing emplyyes were moderately well em-
| poycd. There wore still wages disputes
among the engineers al Sunderland ana the
rlyot makers al South StanoIdshire. The
chain-I. aking districts were also somewhat
disturbed for n Ike cause. The building
trades In London and the provinces oontin-
ued quite active. In the textile trades ire
cent overproduciiOn" continued - be felt,
and In many manufacturing center, Only
regular work was maintained. Al Klddcr-
minister IA strike had tab en- place among the
carpet viewers asninst the introduction OF
female labor into the new weaving industry |
Al Manchest i labor was very scarce and
many thousands were ont OF work.
The enormous pr ductiYe capacity OF this |
untry, gays the ST. Louis Republican,, Il, |
striklngly exhibited in the census reports.
For example, cur whole product of manu-
nlc.uris la is . was valued at si,09.co0,t %, IN
ls9J IL was 81 $50 90 90; In 1870 II wa, s232,.
C0JOco and in 1850 IL was $780, tCo,0U0. The in-
crease I. ON lss0to 1850 was 30 per cent, or
about per cent per year. from 1850 10 1870
the increase wac over 100 per cent, and nom
1870 10 1889 II was 80 per ceat
An explanation Of this great increase is
found paruy IN The Increase of our producing
population, but chiefly IN tho multiplication
OF machinery. Ia 1850 there was altoge thor
eb7, o. hands employed IN manufactures, In
1859 there were I,slifOG In no there were
2. OjS 900, snd IN 1850 there were % 600 the
Increase from 1859 TO 1880 being ~ per cent,
from 1859 To 1870 about 90 per cent, and from
1870 to IS aboutai per cent.
In 1870 there were steam engines and water
wheels, with 1919. lf2 horse power employed
In manufacturing; In 1880 there was a total OF
3, ilO.sS7 horse power employed, an increase Of
] .OJl ,G9j horse power, or about % per cent.
And this increase OF boro power does not
fully represent the productive capacity that
10 ,dded 10 The already exisiingsum total. In
rnauy dcpartm :nts OF light manufacture,
such as slOe-maklng, clothing. woodenware
and others, little machine will treble ,ho
producing capacity Of one hand; and so the
ofstoain power and nachine-
ry and The Increase Of our prod uclng popula-
lion ARE. together, angmentlng our produc
tive capacity al n rate far exceeding that OF
lpy her country.
The fact is to be borna ia mind, too. that
tie addition OF half million 20 our Iopula-
ton we receive overy year from Immigration
represents product 70 element, rather than
1 consumptiye element. OF courgc, ,bese
% 900 Immigrants are consumers of food
and clothing, but they are larger producers
n these articles. They are fll w0rkera. and (
,nciI one expects ~ make HIS fortune by pro-
,ucing moe than lac consumes. There are
comparatively few idlers In this country, {
ind in this respect we differ from cd coun-
ries, where wealthy idlers WAC are con um-
~ exclusively abound. Another Important
confederation Is that our machinery repre-
ents producing clement exclusively.
team engines, water wecels and machines
operated By snch power do not cat. drink,
wear eiotbes ana consume luxuries. They
10 not consume the products thes make
nor The products That human
labor makes, and they are not 70 DO elasAet
In the list OF consumers.
Cotton.
,1oou micduns.... h?s