The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1890-08-07
Interesting Industrial Items.

The organization of nearly 100000
farmers in the United States is likely to
bring up number of questions and is
been dreamed of by the farmers them
selves when they began to organize.
The combination into one organization
of the vast agricultural interests of the
country promises to be effected very
soon.
The manufacturing interests have
been making the most money for thirty
years past, and even now, when compe-
tition has driven margins away down,
millions of capital are seeking every
possible opportunity for investment.
During the past month investments
have been the heaviest ever known.
bursting $1o,OOO,O 900 very recently has en-
couraged bankers to let out their own
money more freely. There was danger
of a stringency.
In Chicago, there is nervous and I'M
settled feeling in business circles. In
Boston, business is active in fall tex
tiles, boot and shoes, and in hardware.
In New York, business is moderate. In
Philadelphia, the volume of business is
above the July average. In New Or
leans, business men are greatly encour-
aged.
In the arid regions of the West great
disappointment is felt at the refusal of
the Senate to authorize the expenditure
of few million dollars on irrigation.
There is just now an unsettled feeling
in the South, but confidence will soon be
restored. Throughout the Northwest,
the low prices of grain are still causing
much dissatisfaction among the farmers.
The Standard Oil Company indirectly
controls about dozen trusts, and is the
strongest and best managed trust that
ever had any people by the throat.
Merchants and manufacturers are pre-
dieting higher range of prices next
winter. The farmers are making less
money than ever. The Western bank
ers are carrying thousands of borrowers
who are unable to pay back their loans.
Contractors and builders all over the
country are very busy. Work is plenty.
Houses rent and sell we'll All the rail-
road companies are making extensions
and improvements. Nearly every man
ufacturer is building something. The
building and loan associations are doing
a big business. People are letting them
have all they can spare. There will be
a day of reckoning.
Bank clearings and railroad earnings
make an excellent showing; but the
more important question is, how is it
with the poor people who have no bank
stock or railroad shares?
Deep thinkers are beginning to write
about the dangers to society from the
is it TO be remedied?
The silver men are going to crowd all
the harder for free coinage.
English capitalists are coming this fall
with the 600 English and Continental
engineers, to see and learn all they can
about the chances to make money in
this country.
During the month of June, there were
1877 railroad accidents, in which 81 per-
sons were killed, and 253 injured.
During the past fiscal year, exports
from the United States reached the
highest figure ever known, viz: 1856, 000,-
600; value of imports for the same time,
$780.O00.000.
English cutlery and textile manufac-
turers are still nervous over the posi-
bility of a more rigid exclusion Of for
eign products.
Philadelphia's locomotive works are
busy on large order for rs and so ton
engines.
All the car builders of the country
have their hands full of work.
A large ship yard. the largest in the
country, will be started soon near Phila-
delphia.
There are now over 100000 doctors in
the United States, and $500 are turned
out of the colleges every year to prey on
the public, and about the same number
of preachers to pray for it.
Never were our technical and manual
training schools so prosperous Hun
dreds of boys and young men are enter
ing them. We seem to be in more dan
ger of too much education than too
little.
The Farmers Alliance all want the
National banks abolished
The production of real wealth in the
United States was never greater than at
present. but the distribution of it
among actual producers is not satisfac-
tory.
The standing armies of Europe will be
dlsbanded before many years, and the
public debt wiped out.
Excursions to Baltimore.
The b. & 0. r. R. Co. will sell cheap
excursion tickets to Baltimore from ALL
stations on its lines between Whining
ton, Del, Staunton, Va. and Oakland,
Nd, inclusive, on Tuesday and Thurs
day of each week until Aug 21st, discon-
tinuing the sale of tickets on Saturdays