The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1894-01-01

In 1893 is estimated at $4,000. The year
1891 viii see II reach and probably exceed
silver besng generally found in combination
with gold. lead or copper. The outlook for
the n1hlng OF me pfeclous ana atleu metals
In Colorado Is highly encouraging. and the
aggregate output for 1894 will exceed that
o. any previous year.
The Colorado output OF coal and coke
for 1895 has not fallen far short of that OF
1&2. which was 3,11,e0 tons of coal and
3.550.OO0 tons of coke. over 100000 tons of
Goa! were shipped TO Kansas, Nebraska,
Texas. Utah, California and Montana. Mil
lions OF people east OF Denver were ulti-
mately supplied with Colorado coal.
The petroleum output OF one of the oil
fields in Colorado for 1893 was 2.0o0 barrels
per day, entirely supplying Colorado, Wy
Cming, Montana, New Mexico and Utah.
Natural gas Is a recent addition 10 Colo
radO products.
During 1898 Colorado granite was used
for the pOstoffice at Kansas City, and will
be used in the government building at
} omaha while sandstone for building and
States.
In the agricultural output for 1898. while
showing an increasing volume, is neces-
sar1ly decreased in value by the prevailing
.ow prices. Local stock interests are fast
growing in magnitude as the local products
district alone shipped. in 1893. si.ooSSo
worth OF potatoes, largely 10 the East and
South. Colorado has hitherto imported an
nually from other States poultry, meat
and fruit PRODUCTS equal in. value to her
annual gold product. The lodal increase OF
AAAAdll "a is slIA lilltlllStnl ldlIntn5 WILL
within a few years, keep this money in the
State. Colorado has now 5000 acres plant
orchards planted within the last three
years. yet the value OF the fruit crop or
JS93 exceeds 100000. with a certainty that
in a few years that State will produce fruit
for export. The annual value OF the pas
torate, agricultural and horticultural prod
ucts OF Colorado far exceed the annual
value of the entire mineral output.
During 1893 there has been an increased
Immigration 10 Colorado OF semi : invalids
(mOStly persons OF financial means), seek
Ing the benefit of its climate, and European
physicians, with European capital, are about
to build Il $4,000 sanitarium in the State.
The wonderful mineral springs and scenic
attractions are also bringing an annually
Increasing number of visitors and tourists
10 the State.
fered TO the same extent that their Eastern
brethren appear TO have done. Tariff dg1ta-
ton has not injured our factories, and none
of them is closed down. The 'long-distance
rail haul affords ample and permanent pro-
lection. The value of the manufactured
products of Denver for 1892 exceeds $45,oO,-
O0. Within the last two weeks the steel
works at Pueblo obtained a contract for
5000 tons of steel rails. amounting. to about
100000. During 1893 Colorado manufacturers
have been shipping goods extensively
throughout the entire country between the
Missouri river and the Pacific coast and be-
tween the British line and the city or Mex
ico. with every prospect of increasing trade
during 1891. The merchants OF Colorado en-
ter the new year under much more favor
able circumstances than usual. They nave
been conservative, bought ~Sparlngly, prac-
ticed economy and liquidated indebtedness.
Local trade has been better than was an
ticipated; the miners generally are fully
employed, even if at reduced wages, owing
to development OF gold mining. and the
product of the mines, unlike wheat, WOOL,
cotton. etc, is Immediately available assets
and goes at once into local circulation.
The financial outlook for Colorado has
gradually and steadily improved during the
past three months, the bank clearIngs each
week showing a substantial gain. the de-
post increasing and the country banks once
more keeping good balances. On Dec. - the
total deposits of the ten national banks OF
Denver amounted to $lS, 9Ol, Sl3, showing an
increase sinceIOct. 3 OF nearly $l.OUl,vOO. EV-
erything indtcates that 1891 will witness a
revival Of business in every line III Colo
RADIO, and its effects are already percepti-
BILE. The commission which appointed the
committee almost unanimously resolved
against an extra session of the State Leg
creasing prosperity of the State rendered
1t unnecessary and from a fear that the
circumstances under which 1t is called may
miSlead the friends of the State in the East
to think that unwise laws may be enacted.
A majority of the members OF both houses
of the Legislature deny, the necessity Tor
an extra session, and will do nothing to i'm
pair the credit or reputation OF the state.
Capitalists may Immediately make proflta-
BILE investments here with the utmost con-
fidence of safety"
Big Figures from California.
SAN FRANCISCO, Cal, Dec. 3L-The
CnTOLlCle ISSUES q SlAlJ-lOOI PdSC PoBNi ~
voted to accounts of the progress of the
city and State during the past year. Cali
fornia mines yielded $40. 100000 in 1893. OF
which S13, 900, 900 was gold. The wheat crop
was $4,000. 900 bushels; grape brandy, 100000
gallons; canned fruit, 1000, 600 cases; barley,
1850. 600 bushels; beans, 100000 pounds;
raisins, 63. 10000 pounds; dried fruits, 49,
0OG.C00 pounds; prUneS, 41,VO,OO pounds;
wool. 81, 100000 pounds; hops, 4o,V0 bales'
orange crop. season 1893 and 1894 estimated,
1900 carloads; vegetables, 1O,O0O,OO pounds.
The value of the wheat exports was $4,000
coo: -four. $500, 900; exports OF wine, n.0O0,-
OO gallons. The assessed valuation of Cali
fornia property was $l,270. 100000; total
of real estate. s75S, 600, 900; total
deposits in saving banks, $l3o,-
OOO. COO. The assessed value of property in
lation is 100000. California is the second
largest State in the union. 1t ranks first in
gold product, honey, wine, raiSins, oranges,
almonds, walnuts, has the largest per capita
wealth of any State in the Union. San Fran
cisco is the third commercial city in the
United States and the leading whaling port
Of the world. The value of San Francisco
manufactures was $50, 10000. The total gold
80.
Mineral Product Of Utah.
SALT LAKE, L. T., Dec. 3t-Wells, Fargo
q Co.'S statement OF the mineral product OF
Utah for ISa} shows n total of 9i,0T2 ounces
G7.O19 pounds of unrefined lead. Reckoning
gold at 50 per ounce, silver at $685. cents
per ounce, copper 6ia cents per pound and
unreined lead at $4 per ton. the total eX-
silver at mint value and other metals at
their value at the seaboards would increase
the value of the product to Si2,S52,0T4.