The true northerner. [volume] (Paw Paw, Mich.) 1855-1920, 1892-12-14

IN 1850 was SIC, ,O6s In 1890 1t amounted
T. $62,6l0I0 100000, an increase OF 2S7 per cent.
The total mileagt of railways In the United
States In 1850 was 30,6S6 In 1880 1t was 1874,
IN increase OF AS per cent. and 1t is estimated
that there viii be about 1000 miles OF track
By s oSss m the
and those of the tenth census for seventy-fve
leading cities furnish the bpsis for the follow
In o isso the capital invested in manufactur-
tng was 81, 232 S32,67o In 1880 the capital so in
vested was s., GOO 5SS' 1854: In 1850 the number
1880 the wages earned wepe S50l 965, 49, in 1890,
tl.22l, l7o,454. In 1880 the value of the product
was 81, I'll, $40 e99; in 1890, "a, s6O, 2sS, 1887.
am informed by the Superint endent Of the
census that the omission of certain industries
IN 1880 which were included In 1890, accounts
In part for the remarkable increase thus
shown. But, after making full allowances
Tor differences of method and deducting the
census of 1880. there remain in the reports from
the seventy-fve cities, an increase in the capt.
tal employed OF 81 500 745:Coi; in the value of
the product of s. 02l o36 LEG; in wages earned of
fe77.04S 929. and in the number of wage earners
employed of s56, 029. The wage earnings not
only show an increased aggregate, but an in
as9o, ali per cent.
The new industrial plants established since
Oct. O. 1880, and up to Oct. %, 1892, partially
reported in the American Economist. number
et5. and the extension of existing plants, 10S
the new capital invested amounts TO $40, 449,050,
and the number Of additional employees to
The Textile World for July, 1892 states that
during the first six months of the present cal
endar 1875 new factories were built, of which
forty are cotton mills, forty-eight knitting
mills. twenty-six wooden mills. fifteen
nsn mills mills fS 81 sRe fort milo Cotton and miS
twenty-one have been built in the Southern
States. A. B. shepperson, of the New, York
working spindles in the United States on Sept
q 1892 at Il, 200 600, an increase of GC0C00 over
the year of 1891. The consumption of cotton
nv mi mi I'm NNQa hQl
and In 1892 1854 900 bales an increase of 1873 600
bales. From the year 1860 to 1892 inclusive,
there has been an increase in the consumption
of cotton In Europe OF % per cent, while dur
ing the same period the increased consumption
An the United States has been about 100 per
cent
Tin Plate Manufactures.
The report of Ira Aver Special Agent Of the
Treasury Department, shows that at the date
Of Sept. 30, 1892, there were thirty-two COM
panies manufacturing tin and terne plate in
the United States and fourteen companies
building new works for such manufacture
The estimated investment in buildings and
plants at the close of the fiscal year, June 80
is03, If existing conditions were to be contin-
ned, was 100000. and the estimated rate of
production 200, 600 600 pounds per annum. The
hctual production for the quarter ending Sept.
%, 1892 was II, 1867, 725 Pounds.
During the last ak months OF the year 1891
and the first six months OF the year 1892 the
total production of pig iron was 9,71O,s $40 tons
- against 9209, 703 tons in the year 1890, which
was the largest annual production ever at
's2 the productionof Bessemer ingots was
Srscsdented yearly production niC Of 5.oss 's7i
gross tons in 1890. The production of Bes-
semer steel rails for the first six months OF
1907 was 772436 gross tons as against 702, 0s0
gross tons during the last six months of the
year 1891
WAS 81 S57 6SO, 6lO an increase of S12S, 2SS, Goa
over the previous fiscal year. The average
annual value OF our imports and exports OF
merchandise for the ten fiscal years prior to
16ol was 81 49,, 1922 0l9. 1t will be observed that
our foreign trade for 1892 exceeded this annual
average value by $4OO,36S ,591, an increase or
p7l7 per cent. The Significance and value of
this Increase are shown by the fact that the
excess In the trade Of 1892 over 1891 was wholly
In the value OF exports, for there a de-
crease in the value of imports OF sl75l5,7b4.
The value of our exports during the fiscal
gear 1884, reached the highest figure in the his
Tory Of the government, amounting TO $780,
o1s,ite exceeding by Sl4j 1888 the exports of
fssi and exceeding the value OF the imports
eur exports for 1892 with the annual average
for the ten years prior to 1891 shows an excess
Of our imports OF merchandise for 1892, which
was S829, ,462, also exceeded the annual
average value OF the ten years prior to 1891 by
fs5 2f5 $40. During the fiscal year 1922, the
value OF imports free of duty amounted to
f457 900 65s, the largest aggregate In the history
of our commerce: Inc value Oh the imports Io5 OF
s595 per cent. of the total value OF imports, as
compared with 1895 per cent. In 1891, and 1896
per cent. In 1850.
A Prosperous Nation.
Another In ication OF the general prosperity
Of the country is found in the fact that the
number of depositors In savings banks In
creaeed from 693s70 In 1860 to 425s. s9S In 1890,
An increase of 5f3 per cent, and the amount Of
deposits from f149, 504 I'm 1860 to 81 BOG
In 1890, an increase OF g2l per cent. In 1891 the
amount Of deposits I'm savings banks was
a s23 O7e, 7le 1t is estimated that 90 per cent:
OF these deposits represent the savings OF
~age-earners The bank cleasances for nine
months ending Sept. 30, 1891, amounted to SAL
olS.sso, $685. For the same month In 1872 they
amounted to CAS- S9, col DAT, an excess FOR the
nine months of a lac, ali, 139.
There never has been time In our history
chen work was so abundant or when wages
we're so high. whether measured by the cur