Fort Worth gazette. [volume] (Fort Worth, Tex.) 1891-1898, 1893-03-26
in che Gould system. completed dunpr
the past year.

a. 80 M
AZ meeting of the board Of dircct.
ors OF the American Sugar refining com
pany. held March 4, the following was
unanimously adopted,
Whereas, the earnings OF the company
during the past quarter warrant an in-
crease of dividend on the common stock
Aud whereas. since The annual report
Of the treasurer 90 stockholders ON Dec.
l. lS2 received from the corporations
whose stock ~ held hy the company
Qor the year ending March l, lSgHl
render unnecessary for working capital
the further retention Of the surplus earn
ings ~ 1901 and 1922, MS shown by the
annual report
Resolved, That there be paid n quar-
torly dividend of per cent ON the com.
mon stock and IN addition there hr pnid
an extra dividend of 10 per cent ou tho
common stock from the surplus earnings
OF 1891 aud 1892, and TINT dividend OF
"a per cent be paid on that portion of
preferred stock OF the company which
IN entitled 20 quarterly dividends, all
the above dividends being payable on
April =, 10 stockholders of record March
10, whom the transfer books viii be
closed, 90 reopen ON April .
In addition 10 the above resolution.
pany ON March 4, after providing for
nl these dividends has q surplus of net
parungs of Sb,OOO,OO0 In the TREASURY. 80
Wlllut q GRAY.
n. O. Lpul. the director of the mint.
has transmitted tO cOlgrcss D report 0n
the production of the precious meuls
covering thc cJlrndar year iS02. Tho
value of tho gold product from che mines
of he United States was approximately
S2aOOO,OO0. about corresponding 20 the
average production Of recent years The
product of silver from our mines h
placed at hSOOO,OOu ounces. of thU CONE
mprcinl value, at the average price of
silver during the year of S5O,750OOO,
and Of the coming value IN silyVr dollars
of SI4,0s9,9OO This is falling off OF
800. 900 ounces from the proceeding year.
The amount Of silver purchased by the
government during the year under che
mandatory provisions Of the net Of July
~. 1890, was % 120,725 dne ounces.
costing SiI,304 29l. an average of 81 ~
cents per hne ounce. From this silver
6,33j,2iO silver dollars We're coined dur
ing The year.
The imports Of gold Aggregated S1S-
| net loss OF gold OF N0S,ONN,O3B. The ~.
vor Imports aggregated S3i 400,0OS and
The exports $50. 1901, rnn CNccss Of
silver exports of SG,O9O 333.
Tho director reviews the recent move.
mcnt OF gold from the United Stntes. DO
ginning Ia May, 1855 During the last
yoar that ~ from Feb. 10. 1892 when
Che last movement began, 10 Feb. 10
1893, the export Of gold from the port "
New York has aggregated 500, Us, $50
The total metallic stock on Jan J. lSaa
was estimated 10 be- Gold, 500, TSS, O2O
silver. N093,380,3O0; total, Sl,2i3, 1913.
$50.
The stock Of gold Ina Tie United States
fen on during the Last calendar yeaI
$b9,OOO,O00. while the stock Of silver in.
creased S46,OOOOOO. The amount OF
amount IN Che treasury was 81 oil .32i. !.
I1B ON Jan. /. 1873 an increase Of SIS.
b2a, III during tic year There was nu
increase OF over SD 100000 IN The gold
product of the world during The last
calendar year OF This incrcnse $500.
600 was from Australia aud over $1,000.
600 from South America.
Tho total silver product Of tie world
Increased during the last calendar year
about 100000 Ounces, occasioncd by nm
increase of 100000 ounces ~ The pro.
duct OF Mexican mines, and 2,40O,OOO IN
the product OF the mines OF Australia.
The Financier publishes very yalua-
BILE statistical review " the manufactures
based upon the United States census ne.
ports, II says:
AT this season. after fully entering
upon another year which promised 10 be
fully as prosperous, " not more 10, than
the last one. IL 81 not unnatural 10 glance
back over d period of some years and
note the steady. yet rapid increase ln
every branch Of trade, Notwithstanding
the many obstacles which from dime 10
time arise TO ohsiruct The speedy pro
gross Of commerce.
Fortunately, however the country'a
prosperity ~ not affected by such Oh
fiucles. for the constant industry Of
O5,OOO,O0O Of people, with millions Of
Lcres OF rich fertile soil. vast aud pro.
ductiYe mines and numerous mechanical
inventions. a. By TAR TOO mighty a force
90 be- easily ihwQued.
II h too solid in lbs unture aud rests
upon a foundation far too broad 10 have
either Us tlauce or commerce guger 90
any great extent n has become go 60
speak, general receiver of the wealth
of of other paris of the globe, f0r the
commerce Of the world. which oriR.nnfed
Ia Asin, speedily carried 20 Africa, thenee
20 Europe. and in turn from Europe 90
America, nov rests here, and can 20 90
further westward, for on The other side
Of ihc Pacific lies China country
which has successfully resisted every
attempt " Europeans 10 encrOarh upon
her d0maing-and India. with ~ im+
nense population Of 2JOUuOODO thus
Amprcn the laat of the continents 10 be-
inhabited, now resolves The wealth 81
India anl Asia pouring into u from ihc
west while the manufactures ana Dupn-
latiun Of Europe pour in from The east
And nB a result pf the constant in-
nun ~ this vast wealth und commerce.
have arisen industries so gigantic and
profitable aa 20 attract the capital inreof-
ineut seekers from aN parts 81 The globe.
Thus. situated NJ the United States
Is. the rempfCennt ~ resources from
almost every power, u u interesting
10 figure out SIS ggins aud 70 mark ~
rapid growth ia i9dustrg ard wealth.
III 1880. the t1tti wealth ~ the nation
was so l5J5iDO6s Ia 1880. After o
lapse " thirty yeHrE, Il amounted 10
sGg51O.OO000O d dear nel increase Of
2b7 per cent
IN 1850, the capital arrested ~ mann
farinriug purposes was 81 ~, $50 GO.
whllo IN 1880 only Ten yenrs later, q
had Increased % $500, 1881
in IKE manner ~ bus the wages
earrcd ~ employees iu these manuing
tures ifcpasai from 1901 ,Df1,JJs "
1850 rs sf22l 40 f8f. or twice ~
nlnrh ~ IS 1850 and from these By
dusinas has ile gniue of their produces
iacfmsel FROM B21il1isihy n $3.50
Zsbh5I fo4 fhe ini1e pffgl.
AuOitff inlitutfu N me Rfnfr4i
ftoint iurradsne Degtla4llr ~ fhe cUrn
Dt IInf Ilfu ul4If4.I