New-York tribune., 1884-12-27
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fhp KeAy thAt "a AWNiNs "a 4 elNaN hNe Wv
heeg eRe ef NnmNed d'aasteN - seNe
appaymllY sVpposa, An anorMoN hNalh's'
has hoou doue, notwihsantng misfortune W
shrinLage ia some branches. II should net p'
forgatton that tho crops have hoeu oNirAnF-
dinary. The consequent low prices, II unsails-
factory to producers, have been compensated I"
them by the large yield while Ia the greater
number of consumers they have been blessing.
The Agricultural Bureau estimates the yield oi
wheat at 400, OOO, 900 bushels more than that
of 1se3.n which would be over 520OOO,O0
bushcls-much the largest crop ever raised
The latest official estimate of the corn crop
| 500. .OOO, 900 bushels, exceeds even the
hitherto unparalleled crop of 1879. The yielh
of cotton. if not absolutely the largest Known
has been large enough for all needs. Inc crop
of oats has been the largest on record,
and the aggregate yield of cereals exceeds
9. 900, ,OOO, ,OCO bushels against 2,Ioo,OoOooV
in 1850, the largest previous aggregate. II
there has been disaster, it has not been for lack
of abundant supplies of food.
The wear of coal production with only one
week lacking, records an output OF 3d. f,3oS
tons anthracite. a quantity never exceeded
except last year, and only per cent Deiow the
output of that year. Meanwhile the production
off IRON which has been more seriously Affected
than any other important branch OF industry,
has diminished less than most people suppose.
Indeed, it wiz probably give general surprise
to announce that the production ot pig iron thls
year. in spite of oil disasters has doubtless
exceeded the production in 1850, the year OF
the great boom" in iron. At the beginning
of the year the production was at the rate OF
about 24OO, 600 tons for six months, the yieid
during the last half of 1888 having been about
2.573.OOO tons. BY July, the weekly output
had fallen TO $1,000 tons, or at the rate OF
2,2OO.O 900 tons for the half year; an average
gives 100000 tons rs the probable pro
duction for the first six months of 1894. From
50. 900 weekly in July, the yield fell to I2'6oO
in October and then rose to 71,7OO IN
November, which implies production OF about
2.O75. 900 tons in the last six months, ana
4.37j.OOO for the year, against 4,295, III IN
1880. Compared with last year. however, the
decrease in production of pig iron Is about IL
per cent in petroleum, also, though the pro-
dnction of about 26.3OO,000 barrels has been
once or twice exceeded, it is still quite near the
largest on record.
The best. and, on the whole, the only
satisfactory proof of the volume of business
transacted in all branches is the record of
exchanges nj the various cities. At New York
there has been decline this year of about
II per cent, due largely to the shrnkage of
speculation I'm stocks and In some products.
But the aggregate of exchanges AZ all the other
cities outside Of Ncw-Yorh "a FAR AS can be
determined nj present, Is only about per cent
less than IL WIS last year Il is customary ~
contrast all yearly returns with Those of $50
,he ,rhr 0i the last crnsns and a year ~ great
pfuspuiiv IN that yrar the aggregate of
,,rhAns-s ontsie of New AOtk was about
Yi9.Oon OOo.O 900. Du,iNg the teat Now neatly
closcd, ihe aeatahe vii r0MWt little
p,caet aip.pNno 10000 about 20 ref cpnl
,Aelp than "a iazO. ga else Wheip, ,hefplie,
,ha eeNntn "a net aiWseihtf NiNpd tet, NNd u
eAN tace its lVaih segieNs mIslrNnes drpelN
60 tho UpWise and npAtiotIo conduct st the
PARTY which has jas, sucoooded IA g'Asplns
oontrol at the Government.