The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-08-19
NEWS OF OUR INDUSTRIES.
happenings Of Interest 20 the staple
Trades and Particularly tn tho Trade
In Iron. Steel and Anthracite Coal.

Notwithstanding the depression OF
business, exports from the United
States In 1894 were valued at $SS9. .S43,-
900 against $S47. .665. .l9i in 1893. Three
foufths of that vast value came from
the farms and farmers OF this Republic.
Great Britain and Ireland lead all the
other countries In volume of trade with
the United States. The English-speak-
ing people of Europe bought of the
$SS9, 200, 900 of american exports $45l.-
00000 worth. and. taking the British
possessions all together as one GUS
TONER they took $523. .O00. 900 worth, or
nearly GO per cent. of the whole during
1894. The United States imported from
products in 1894. or 1874 per cent. of
our entire imports. And from all of
the British possessions. together with
the United Kingdom. $l7S.000, 900 worth,
or more than % per cent.
The Philadelphia stakeholder piQues
curiosity by saying: 1T Is pretty safe
to say that this will be the last month
of August for many a long year to
come when coal will be selling In New
York harbor on a basis of $2.75 per ton
for stove. and even lower. People will
do well not to wait too long to get In
their winter supplies OF coal. 1t does
no seem possible that even under a
continuance of existing conditions coal
will go any lower. 1t Is also safe to say
that people may make up their minds
that the anthracite stocks will not
much longer he useful gambling count
ers on the street"
The great demand upon the iron mills.
furnaces, foundries and steel works OF
the country for their products still con-
tinues. An authority on the iron trad
says that the demand Is now larger
than ever before knawn in the history
OF the country. The same authority at
tributes the starting up of so many idle
plants to the big boom in electric rail-
road construction, which has been so
pronounced since the opening of spring.
1t also says that the crop prospects are
full of encouragement to manufacturers
of iron and steel, the corn crop being
most bounteous
The coal rate war still continues he
tween Chicago and Omaha, and the
Chicago. Milwaukee and ST. Paul road
is credited with carrying anthracite
coal to the Missouri river for 81 so per
ton. The interests involved. however.
are slight. as the entire shipments Of
hard coal In years time between the
two cities are said to be only about
10000 tons. 50 a cut of 81 per ton would
only cut into the revenue $4,000.
The Reading, Pa, Iron company IL
having the Montour Rolling mills. at
Danville. Pa, Overhauled and repaired.
The mills have heen idle for several
months. When running full they will
give employment to over 500 men.
After an idlness of many months
there will soon be a resumption OF work
at the Pottsville (Pa) Iron and Steel
company's plant. The works will give
employment to about 600 hands as soon
as they start up full.
July was record-breaker at the
Homestead Steel works. The output
for the month was $4,000 tons of fin
ished material. the largest in any one
month in the history Of the works.
The open hearth department OF the
Pennsylvania Steel company, at Steel
ton, for July made over 1900 tons of
steel. being the largest monthly tom
mage In the history of the plant.
The Bethlehem Iron company will
erect two additional open hearth steel
furnaces soon. This will make four
furnaces to be built this year.
Railroad Commissioner Perkins OF
Kansas, in a letter to a railroad official
in this city says the corn crop is the
best in twenty-five years.
The country Is producing pig iron
at the rate of about 1900. 900 tons a
year, which is close to the highest pro-
duction ever reached.