The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1896-01-29
INDUSTRIAL.
CTo be continued.)


INDUSTRIAL.
In a recent article in the Denver Re-
publican President j. c. OsgOod, of the
Colorado Fuel and Iron company, Il COR
poration in which n number of Scran-
tonians are interested, after calling at
tention to the vast wealth Of Colorado's
newly found gold deposits, adds while
its wealth of precious metals gives Colo
RADIO so great an advantage and stimu-
lates all the industries of the state, its
ineXhaustible deposits of lead, copper,
iron, coal and other metals and miner
ais are Of the greatest consequence to
its future prosperity. The coal fields of
the state are greater In extent than
even those in Pennsylvania, and con-
tain anthracite equal to the best Penn
sylvania can produce, coking Goals SUI
perior to any in the world. Goals suit
able for steam. gas-making. smithing.
and every other purpose to which coal
can be applied; with such supplies of
cheap fuel and raw material. manufac-
turing will eventually be the chief in
dustry of the state. Iron and steel are
probably the most important elements.
and these the works now owned and
operated by the Colorado Fuel and Iron
company at Pueblo can supply. While
these works have been in operation
since 1882. it has only been during the
past three years that they have been
operated with any considerable degree
of success; during that period the
works have been greatly improved, the
capacity increased, and costs reduced
so that the products could be marketed
on equal terms in competition with the
iron ard steel works east Of the Mis-
souri, river. The company only manu-
factures the primary products Of iron.
such as pig iron, steel billets. steel rails,
merchant bar iron. cast iron pipe,
spikes, bolts, angle bars. etc, for which
it finds a market in all the states and
territories west of the Missouri river
except California, from which they
have been shut out by the prohibitive
freight rates of the Southern Pacific
railway, but whose markets will now
be opened by the recent decision Of the
interstate commerce commission with
regard to rates to the Pacific coast. But
1t Is in the secondary, or auxiliary,
manufactures of iron. and the rework-
ing of iron and steel products into i'm
plements, general hardware, and con-
struction material, that the growth Of
the company's plant and production
must depend and which will constitute
Colorado's principal manufacturing in
dustries. The attention of manufac-
turers has been attracted to the ad-
vantages of establishing plants in Colo
RADIO to supply trans Missouri markets.
and the Griffin Wheel company has in
operation at Denver the most complete
car wheel plant in the country. Other
industries which will be established in
the near future are plants for the manu-
facture of sheet iron. steel wire and
wire nails, barbed fence wire, wrought
steel pipe. tin plate, corrugated iron
roofing. car aXles. etc, one or more Of
which will undoubtedly be in operation
the coming year. The increased popu-
lation resulting from the development
of precious metal mining and the es-
tablishment of large manufacturing
plants will create a home market for
agricultural products. Storage reser-
voirs will be built. and the area Of land
under irrigation largely extended. The
success which has attended fruit grow
ing in various parts of the state will
result in the establishment Of canning
and drying factories. The worlds sup
ply Of corundum Is very limited, not
nearly equal to the demand A deposit
of corundum has recently been located
in Colorado and is now being developed.
The preparation of corundum and the
manufacture Of corundum wheels will
Ia xr Cn1nv.o IH,, tc> nr
tries for 1896. The great variety OF
avenues for the profitable employment
Of capital in Colorado. ana the compari-
son of the states prosperity with the
depression existing elsewhere. will at
tract men with capital and enterprise,
and result in the more rapid develop
ment Of all our great resources.
tilt
Philadelphia Press: The report cur
rent in New York that the Reading
company will recede from the position
it has taken on the coal trade confer
ences for year. that is. that the COM
pany Is entitled to u per cent. Of the
total tonnage, apparently has no foun
dation. The policy Of the present man
agement has been To insist on that
claim. and to show that II was a just
one by the figures Of the actual produce
tion. AS far as can be learned there
Is no thought Of receding. and 1t Is not
improbable that this fact came out at
the meeting on last Thursday. There
is a general feeling of hopefulness i'm
the trade in this vicinity that some
agreement will be reached as to ton
mage In the near future. The cornpan-
les are not very far apart. but there Is
an indispositicn on the part Of the New
York lines to concede the claims of the
Reading company. While this was
Just the position all last year 1t Is be-
lieved that other influences which were
not then felt will be potent at the next
meeting Of the coal presidents.
-:l:--
Wilkes Barre Record: Messrs Lam
oreaux and Smith, enterprising con-