New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-04-06
NOTES ON INDUSTRY AND TRADE

COTroN-The monthly review of The Financial
Chronicle shows that the movement of cotton dur
ing the month of March was remarkably small. The
total receipts ut the ports only 1873. SOB bales
against 241 Ala bales last year and 4S2772 bales
in 1883 The exports during the month OF March
were also small. amounting to 232,lo4 bales,
against 379. 52S bales last year and 5O329O ba es
in 1888. For the crop year thus far, the exports
have been about IL 900 bales larger than for the
previous year, though 353,464 bales less than Ill
the wear preceding The movement overland in
March was only "a 400 bales against 65,25S bales
in 1884. According to The Chronicles computation,
the quantity taken by Northern spinners during
the month of March only "a, 1903 bales, against
100 Of bales in the same month last year, al
though the decrease in the quantity taken from
September ! TO April l was little more than y
Der cent The quantity of cotton which has come
INTO sight since September is only 26,6oO bales
more than to the date last year, and $50, S3S
bales less than for the same part of tho crop year
1ss2-'S3. Thus far the weight of bales is almost
exactly $50 pounds, being 2 % pounds less than
the average for the same period last year.
IroS. MANUFAcTURE.-Car Union Iron
UorLs pittsburp. began running March 80 on a
ronortabIe order making links from steel plates
for the Susquehanna bridge. 1t Is stated That
these plates 55 feet long, are longer than 1t has
over been attempted to work up for similar pur-
nose. Tho North Chicago Rolling NILS are 10
change machinery. and about July VIII be de-
voted TO the manufacture of structural steel. Inc
Atlantic Iron Works, ut Sharon, Penn, were
started lid March 80, to make armor plate for
eign order The pudding department of Oliver
Bros. & Phillips, PIttSburg. resumed April l, and
work at the wire mill March 30, the strike, which
has lasted for three months, having been settled.
The Iucy Furnace, at Plttsbufg, has been turning
ont $40 tons of Besssmer in one day. and 1,947
tons IN one week. 1t has been recently remodslled
On the other hand, 1t is stated that the Lacka-
wanna Iron and Coal Company shut down Its
twelve steel rall mills March 80. The American
Sheet Iron Mill, at Phllipsburg, n. j., shut down
ON the same date. The Victoria Furnace at Goshen,
Va, has gone into the possession OF Dr. Henry
Houghton as trustee, the association having rallied
IN meet overdue interest This is the costly plant
erected by English capital, and managed wholly
by English people, which went into operation May
l. 1888 and was expected to perform wonders 1t
is believed that, apart from questions OF manage
meat, the difficulty has been not with the ore,
which is mined very cheaply on the property of the
company and is of excellent quality, but with the
fuel. which the company undertook to prepare from
New River coal by different process OF coklng
from that which has been suec essfully used by
other establishments.
SOUTHERN PAcIFIc.-In the preamble of the
lease of the Central Pacific to the Southern Pacific
Company 1t is affirmed that among the reasons for
entering upon the new arrangement are these:
That part of the business heretofore done by the
Central Pacific from Ogden to the waters OF the
, Pacific has been diverted by the Northern Pacific,
the Atlantic and Pacific. and the Atchison, Topeka
aud Santa Fe railroads. and that the Union Pacific
has control of the Oregon Short Line. giving an
outlet to the Pacific over Oregon roads without
using the Central Pacific, and that in order to