New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1894-04-24
TRADE AND FINANCE ABROAD.

! The encouraging statements in regard TO the de-
velopment Of the natural resources Of Mexico con-
tanned in the recent message of President Dlaz are
! corroborated by information from the provinces OF
that Republic The expectation in January and
! February u coffee from the single port q Vera
/ Cruz amounted TO more than 100000 In Mexican
money sum greater than any heretofore resiS'ered
/ during n similar period on the other hand. the
paper "correo De S5,svento" states that the Guilt
same care ami labor elsewhere. and gives 4 prod
Uct of first quality eqna! to tina; OF the famous
cocoa OF Socomesco
Tho financial condition Of the Argentine Republic
/ keeps N improving steadily. although II will take
long while 10 bring 10 par her different stocks and
bonds offered and placed abroad At the time OF
their emission. these Argentine National or pro
vincial loans mortgage 'celulOs" railroads banks
or Industrial stocks and bonds represented NOM
ina value Of about milliards o. francs. They ara
estimated a. only Two milliards and half.
mostly held in Europe
The silk Industry Italy and the Italian province
~ Austria will be benefited by discovery to
which the French Consul at Trieste recently called
attention I'm his official reports. He announces the
existence OF slikworm, which would give
cocoon larger than that given by the ordinary in
sect The silk would be finer also ana snow white
Next September there will be held at Naples
Chemistry and Pharmacy Congress, composed OF two
sections. scientific and professional or trade
In a memoir recently read by Mr.. Lentz. at a
meeting Of the Society OF German Engineers It
IS shown that the total number OF locomotives
In service throughout the world Is 10000, divided
as follows: 63.ooo in Europe 10000 In America $500
In Asia. 1000 In Australia and 200 In Africa. The
number In the United States is 5000
The movement Of the Por; OF Paris which COM
prises the whole Department of the Seine. is more
considerable than is generally thought. According
70 the journal des Transports" that movement
was in 1893 SO tons for arrivals ana 6OSfsH
for departures. This Is. In comparison with the
year 1892. increase OF glS tons entering and
of 7SlSO tons leaving.
The harbor OF valdvia in Chill Is about TO be
enlarged and deepenei The estimates OF the en-
gineers appointed by the Government show that the
total expenses for that useful work will amount to
100000
A significant Incident in regard 10 the relations
between employers and employees has Just occurred
In the northeastern part OF France. There was
strike in the glassworks OF Crosmare. The pro-
prletor, Nine Bailly. put the factory at auction.
who raised a total fund of 2Oo0 francs considered
necessary for the purchase money. and the first
work. Four hundred shares were subscribed in two
weeks time, and, OF course. the strike was at an
end.
The beet root sugar industry which is a large
scale in Europe. will soon extend into Spain. de-
spite the prevalence there OF the sugar cane from
Cuba. A factory Of beet root sugar is now being
built at Verna. GIion. and will be ready to COM
mence operations next spring.
The silver coins of Italy. OF small value and bear
ing dates of 1863 and the following years. will
to be used in France on and from July Is.
1885, They will be redeemed and received In pay
ment up to that date at the offices OF the French
Treasury. This measure is I'm compliance with the
monetary agreement concluded at Paris Novem-
Der l5 1898 between France. Belgium. Greece. Italy
and Switzerland.
At the latest dates there were. for short time.
some confusion and uncertainty in Europe in
gard to the Belgian Spanish commercial treaty.
paper. the "Economste Europeen." had said
that the treaty had been signed. for Senior Gamazo.
the Finance Minister OF Spain. who had denied
10 Belgium the treatment OF the most favored
nation. had not been initiated by his successor"
Doubts relative to the question were soon set at
rest by "LIndependance Beige which said that
the Spanish Belgian commercial treaty had not
been signed yet by the Finance Minister at
Madrid. and that, at any rate, the clause OF the
most favored nation. had never been inserted In
the projected treaty. though that diplomatic in
s.7iment conceded upon the largest scale the most
important concession TO both the contracting par
ties OF treaty