The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1896-06-29


says: The general increase Is a long step
toward recovery from the depression y
which the mineral industry like all old
ers. has been subjected. The total yasuo
Is slightly less thnn the greatest we have
ever known. which was over ssiscoaeo ID
stead Of value received lS6 Is the gfeais
est. In other words. prices ar lower.
Considering the record Of the tstal yalues
recorded IN these reports since 1880 the 10
crease was from s350.3la,oN to &t. @,zt
Is significant. ana the average for thssel
sixteen years gives fair approxmsoe
no what our normal mineral product
should have been half way between theos
dates or II lSSS. Comparing this con.
pitfcd normal product with the actun
products. the average yearly gain due g
the general growth OF the industry snou t
should have been $50. 100000 The gse
products Of 1Sa2 and 1895 show the ~
with which the mines can respond 2 ~
unusual demand II shows that tne ~
pscity Is Significantly greater ibsn Y
ability 20 market the product. 10 iacL 2
l. difficult to conine the large caesss ~. -
actual requirements. with xnfn va!
phenomenal stride In 1928 tm plOSS ~
most difficult, 20 hold in check has ~ e
iron. The product easily controls n e.
variations In the total value, THEREBY W
quantity produced or, by nhe cn y .n sr,s 4
price. While the coal product Is 70 sr%s
as 20 make /, significant factor n Y.
total value, II Is much steamer w W.
suite of the extra demand Tor y W VIZ \.
10 produce any .ullra supply OF -, ..on n,.cs
Increased output Of ron IN No wa"
sary because of the great re,, e, w Wss
In lisa. The railways ordered ~ a ~
iron as possible IN that year, but cra s;.s
freely IN ISIS to take advantage o. NJ
whlie ther were srill low. The adyams
mace was the industrial feaiutc :" ~
year and continued unlil sep.em,v,oai,e cII,A
prices OF stee. rails have ncs s r. in d
again. The Iir!ted states . sia.sIi %
'ncrease being shown IN noa,s r. rr-ne.
naiIy from Cripple Greek and o.her III
nonips in COLORADO. 1'he gam IL Nv
quantity of petroleum, put ~. ~ was one
phenomenal increase N us b p,S year ne
OF o, ,hv [ in gold products slaes; X -
u,as i,an, ~ during Iso5 !ncrcaslnss ,s ri n
cIo sff o,,nnes In 1894 10 2.9l3o.s In e.
iSss. the valuation q the latt ,, ~ !Eaiet
5o0. 900. silver production ien IN isN. vi,1
ounces from ia.5ol,ia2 ounces sa,aiHtSN md
c.ining values rsa1 Jjosnes,c ore pf,auS
, ,pa, snI,o,sd H., upward tendeMh22n =
her metals and increased oVe'
pounds or over sa,5aeW. ..oauotbn &
The rapilly LING reaslng p,,sSs sM ~
z'nc' which was checked p ~ ~ ,3srcy b
was resumed. The declining y, 70 IN ss
iron and steel producilSh, ha most ~
changed In lsl5 - ore ola, ,ny Of ys
mark1hle increases in prosan mr,.ffy in ~
ZION in the history Of ne n, SStssi,8 ny
United states. Ii rose from 1nns 0 IN 49, Ct
tons IN 1875 to a.iibSS toI IL he lafE11..
nearly ~ per cent TINS y cc,urry. ~
prod,ier ever attained IN tii,s n isO. 4.
., 81 y
Tho value also increased ''0'"
ir3n e pre- p'r S1 increased SS:'
cent ana with hut SIX eNc exc! nartlcpatea
the iron ore producing sta n,al product 9
in tins advance. Iih me asi@a ,s;seA II ~
ccal of all kinds incf',ass or Is per ca
The valve Of the product '''''
.s,,A79. about q ner eea'' ,otab.e intfesIs
esnecial, in ohio, Indians II ISL Isl, was ny.
in recent Years. THIS auete@1.he pIs ~
hv me rise snd decline o. Of which III
product in the manufac,ure, !. e consumed
most he entire coke ou'p"'