The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-04-07

lNNN limp l,.Si,oJV 2UJ,12j IJJi, ,iib
1881 ........ l,SS6,9 ,9dl liza 96S Imp. 607. $40
1885 ........ soSoi.i l,isl.5o5 7,272,497
1895 limp 923.5l5 $40, i62 Se9.2iO
i
TRADE DECREASES The takings
of cotton for the first quarter of the
present year have been 6lS,121 bales
against 696,233 bales last year, de-
crease of T,j12 bales, or II per cent.
The sales of wool have been for the
same period 57.l47,7S0 pounds in 1896,
against G90Sl. .315 pounds. a decrease of
II ,SS3,63J pounds, or II per cent. The
shipments of boots and shoes from the
east have been for the quarter S4i, AIS
cases now, and l,030.2l6 a year ago. a
decrease of lS,,7aS cases, a loss of IS
per cent.
a REMARKABLE PREDICTION
The Denver Rocky Mountain News
makes the remarkable prediction that
s3o,00o00o in gold will be produced in
the state of Colorado in 1896.
i
ELECTRIC LOCOS MORE EXPEN-
S1NE.-rhe Baltimore and Ohio Rail
road company finds its electric engines
more expensive than steam locomo-
tives. the former costing rs cents per
engine mile, while the cost of the latter
is but % cents. In other respects. how
ever, the use of electric motors in the
tunnel has been found so much more
satisfactory than steam that they will
be continued"
-:
TRESTLE WORK AND TIMBER
DESTRUCTION According to a late
bulletin of the Forestry division. there
are in the United States 1000 miles of
trestle structure. representing an eX-
penditure of $50, 100000. This trestle
work has t6 he replaced every nine
years, on an average, causing an an
nual expenditure of $7.000,000. This,
capitalized at 4 per cent, involves a
capital of $l7j.COO,0 900 necessary to
maintain these structures. For the pur-
pose 2GO 100000 feet. board measure, of
timber is annually consumed, nearly
all of which is cut from fine, large
trees"
-
GRAIN SHIPMENTS-Rep OF
the grain shipments for the first three
months of the year are very favorable.
The receipts of corn at Chicago for this
period were 20. .jS5, 4s3 bushels. COM
pared with 10,O2l225 in 1895. N.01l 1855
in 1884. and 1l.S37,2i1 In 1893. The re-
ceipts of oats were 24.5l5.647 busheIs.
compared with 1l.713.S05 in 1885. To-
43i sis i'm 1894. and IL, ,45l ,9l5 in 1893. The
total shipments of grain at Chicago
We're 26.5i1,025 bushels more than IN
1898. Flour decreased 1885 bushels,
and the number of hogs decreased
539,I22.
STEEL pool. a SUCCESS.-As a
result of the pool steel rails have ad-
vanced to 500 a ton and Bessemer pig
-
two days.Two weeks ago the miiis
would not buy at sl2 ton. while now
there is brisk bidding at $l3.75. The
capital involved in the new organiza-
tion is upward of $500 000, 900.
BANK ENCHANGES.--T aggre-
gate of bank exchanges at the thirteen
leading commercial centers in the
United States outside of New York
was $34G ,9i3.10S. loss of 5.j per cent.
compared with last year, and Of 16.7
per cent. compared with the corre
spending week of 1893. The week Of
this year included only two of the first
days OF the month. against four last
year. and Ave business days in 1893.
Payments through the banks are al
ways larger on the first three or four
days of the month, and in part the
that fact Nearly every city report
ing shows Il large loss compared with
1898 and most of the leading cities
compared with last year.
=
THE COINAGE-The mints of the
United States in March coined $780,
$50 gold and $1.6S3.531 silver. The total
coinage was 5.6SS,7S4 pieces, valued at
$3,212,9O3
NEW BILLS NOT NEEDED.-The
new directory of the rion and steel
works of the United States shows an
enormous capacity for the production
OF steel in this country, says the Cleve-
land Iron Trade Review. From being
900 gross tons in January 1894. our
converting capacity is now 9,472,S50
gross tons. an increase in two years of
>. per cent. But more surprising in
crease has taken place in Open-hearth
caracity. built or building-nameiy.
from 1.1i0,O00 gross tons to 2,430.450
tons, or 40 per cent 1t would appear
that no immediate necessity exists for
the erection of steel works in this coun-
try.
NOT EATING so MUCH BREAD
Reerbohm. the English .foodstuffs All
thprlty says the consumption of flour
in England is abnormally small. From
inquiries made the writer concluded
that this falling off in consumption was
the explanation of the dullness IN
trade. In all the big markets the conf
Ilaint was the same. Large London
-four sellers and buyers alleged that
the vinter consumption instead Of be-
ing larger by 20 to % per cent than the
summer consumption was actually
Smaller. A leading London willer ex.
pressed the conviction that the con-
sumption was 20 per cent. short Onc
explanation was the ability of the la
htrIng class to buy other things and
anothc, was the extraordinary cheap
ress of potatoes and green vegetables.
STEEL RAILS FOR CANADA.-sn
English technical paper Is concerned
over the iron trade in Canada 1t says
THE Grand Trunk Railway company
has purchased $1,000 tons of so pound