The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-02-06
INDUSTRIAL TOPICS.

The Reading has fifty locomotives ,ln-
dergoing repairs at its shops in Reading.
No passenger was ever killed on the
Vandalia before the accident last Monday
The gross earnings of seventy-six
railroads decreased 2.34 per cent. during
the third week in January.
At Decatur, Ala, an Immense manufac-
tory to make paper car wheels Will soon
be built by Chicago capitalists.
The total valuation of all the farm prod :
ucts of every description in the United
States was by the last census 81. AGO, l07, ,i5i.
Ice locomotives are used on some of the
great frozen rivers of Russia. The front
part rests on a sledge and the driving
wheels are studded with spikes.
Until the public debt began to be in
creased, recently, the assets OF this coun-
try had gained 500 per cent. since 1865 and
the debts had decreased 96 per cent.
There are 412,622 people in this coun-
try engaged in manufacturing Industries
of various kinds, receiving every year
s., ,2S3, ,2l6,5 529 In wages and manufacturing
goods worth S9372, ,437, 2S3
The Williams Coal company, of Wilkes
Barre, was chartered at Harrisburg on
Monday. 1t has a capital stock of $3.50, 900
The company is headed by Morgan H.
Williams and the coal interests are In
Schuyllkill county.
President Harris, of the Reading, has
completed his supplemental statement to
the annual report. and 1t will be published
In a few days The statement gives in de-
tail the operations of the railroad and coal
and Iron companies for the year.
Mulhall estimated that the agricultural
earnings of the United States are $780,
ma linn. 90,
81, 1870, ,O0O,O 900; from mines $3.50, 600 900; from
transportation, sl,l55, 900, 600; from ship
ping, S6O,0OOOoO; from banking, s2Go, CO.,
The Lehgh and Wilkes Barre Coal COM
pany has leased it's Newport mines, which
reverted to the owners on forfeiture of
lease, to the Lee Coal company, of Scrau-
ton. The firm operates the Greenwood
collieries, Nos. / and ., of Minooka, Lang
clitfe, of Avoca, and the Latin collieries
Every railroad coal operator in the
Pittsburg district has been asked to at
tend a meeting to be held Thursday next.
| The object of the meeting Is discussion OF
trade conditions, freight rates and other
important matters, some of which Will
have important bearing upon the wage
rates.
The number of days worked at the COL
lieries at Plymouth during January Is as
follows: Delaware and Hudson-No. 2,
1S days; No. 4, 10 days and hours; No. g.,
19 days and 5ls hours. Lehigh and Wilkes
Barre-No. H. days 9l2 hours; No. 10, 10
days, 5ia hours; Dodson, II days ~ hours
Parish, . days hours.
The Iron Age says: Buffalo Is to be
the next large city on the lakes which is
to enter the arena as a large steel pro-
ducer. A movement is on foot, supported
hN n In. hn Vnht toh NnIlA 10
build four modern blast furnaces and put
up a Bessemer plant capable of producing
], 200 tons of ingots per day.
The report that the Pennsylvania Rail-
road company will reduce tolls on anthra
cite coal from the mines to Philadelphia
from Sl7O to $l.5O per ton, Is denied by Of
ficials Of the company. II Is tated that
the question Of a reduction In coal freight
rates has not been discussed, and there
is no intention of max ing an change.
Overproduction Is affecting prices of coal
at tidewater The circular price for stove
coal Is S3.15 gross, or $3.50 net. The net
price Is usually made to middlemen and
large dealers. OF late net price has been
quoted to all classes who buy In quantity
and whose credit is fair. Recently the
surplus stocks caused the price to sell off
until coal touched $33j for stove Pro-
uucerS are now luUllUE Sj.5J 10 SoJp. ne
lack of demand Is responsible for the wide
margin between the maximum and mini
mum prices.
According to figures compiled by the
Railway Age, gross earnings of American
roads for 1891, as compared with those Of
1893, decreased by Sl2j, ,0Oo,OOo. This amount
| Is partly estimated. 1t Is based on the
complete reports of $50 roads, which
| showed n decrease Of 800, 33s G9l. The ex-
act earrings of these $50 roads were s77S-
2s2, ,2S2 compared with 0s73 $40. .9I6 for 1893.
The largest decrease was on the entire
| Pennsylvania system, the amount being
| nealy $l3,00O,00O. A peculiar feature of the
| report is that every Mexican road shows
| an Increase.
Wilkes-Barre Record: "There throat
| ems to be a reduction In the official force
| of the Lehigh Valley Coal company this
week In accordance with the resolution
passed at the annual meeting to economizc
| as much as possible about the mines. II
| Is said that there will be one superlntend-
ent for the entire system and number
| II division superintendent and bosses viii
be dropped. There will also be number
| OF changes on the railroad. Passes OF
many physicians and lawyers are to be
| taken up and AlonZo' l.. Blakeslee will
| have an increase of power, and some me-
| chanics and foremen are to be discharged.
The following table from the Wilkes
| Barre Record shows the number of coal
| land owned by the various companies, and
| the estimated amount OF unmined coal:
| Acres Tons un-