New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-01-12
NOTES ON TRADE AND INDUSTRY.

CoAt-Notw outstanding the refusal of the Penn
sylyania Railroad Company to join the other coal
carrying roads in restriction OF the output for the
next year. it Is supposed that the new plan will be
adhered TO by the othcr companies at least until
spring They may have to cut down their own out
put irrespective Of the portion moved by
the Pennsylvania, but have already taken
steps so curtail production, the Lacka-
wanna having suspended operations at
the Bellevue, the Oxford. the Scranton and the
Hampton mines, and the Delaware and Hudson
having suspended at eight mines between Plym-
outh and Carbonate. Some large contracts are
expected 10 be placed in few days at very low
prices In view of the contract for So Oh with the
elevated roads, there is little prospect Of high
prices at present During the past year, while the
decline In anthracite production was only about
1 900, 900 tons, the production of bitumnous coal
increased about $50, 900 tons the Clearheld out
nut alone having increased 100000 tons Clear
feId coal has sold in New-York at 81 rs to So 81,
and tho Pennsylvania and Baltimore and ONO
roads have finally agreed upon division OF the
bltuminous traffic, 50 per cent to the former and
40 per cent to the latter
MANUFAcrUREs-The Boston Commercial Bulletin.
which publishes very full reports OF industrial
changes gave on Saturday an encouraging state
ment of the resumption OF work In large number
of establishments. These were mainly III New
England. aud in many different branches OF
industry. but the list ills more than full column,
and indicates a substantial improvement not con-
fined TO one branch Of business or to one section
The acceptance of lower wages by most OF the
employees In manufacturing establishments has
prepared the way for production at a somewhat
lower range of cost than has hitherto been possible
Nevertheless, discontinuance OF work at other
establishments is reported every week. and large
number of men are still out Of employment
MINIyG.-The Engineering and Mining journal
publishes statement of the amount OF dividends
paid by American mines in the year 1854, and the
total dividends paid by the mines to the end
of that year. The statement includes, however,
only Vermont, New Hampshire and Michigan east
OF the Mississippi River. and fty-nne mines In all
The dividends amounted to $9.304. 724 for tho
year the largest amount in any State or Territory
hang over So. DOC, 900 in Utah, and the next over
81 300 600 in Michigan. The dividends by silver
mines also producing lead amounted TO S2,oi',ooo;
Inv silver mines, 81, 999, 500; by gold mines,
S.. 222. 1924, and by gold and silver mines S3Zo,ooo.
But the dividends by copper mi mes alone amounted
TO So, O62 800. The aggregate OF dIvidehds paid
by these fifty -nne companies from their orgahza-
ton To the end of 1874 was S., SO4 .2O2 OF which
S25. $50 600 was paid by the Calumet and Hecla
alone, aud 49,, sO4, 800 by the Michigan copper
mines
WoOI--It is noticed at Boston that the WOO
market has improved little since the arrivals OF
new Australian, but that much of the new wool is
tender, and presents fine appearance without
much substance. COmbmg woods are in somewhat
better demand from Philadelphia, where worsted
yarn mills are buying. The aggregate receipts az
Boston IN tho year 1884 were 430,450 bales do
nestle, against 10000 in the previous year, ana
Oh ,977 balos foreign, against 2,273 bales IN the
previous year, The shrnkage was largely In
pulled wool.
SILVER IN BosroN-It Is observed with some
apprehension by Boston journals that most OF the
disbursements there made are in silver certificates,
and that more than one-third Of the reserves OF
the National banks in that city are In such cerun-
Gates. The Commercial Bulleiis remarks that an
actual scarcity of gold has been felt here ut times
during the past year." and gives credit to tho New
York banks for FARO foresight in deciding at the
outset to decline to offer silver certificates in set
Elements with each other. Meanwhile In this city
the associated banks report over $95,O0o.0O0 gold