El Paso daily herald. (El Paso, Tex.) 1881-1901, 1899-05-08
Industrial and
Commercial.

| =
10 Commercial. |
On May 1st over $500 mechanics In
cleveland, Ohio, received an increase
of wages.-Ex.
The gross expenses of the state OF
New York for 1899 will amount to
1926, 600, 600. -Albuqueraue Citizen.
The governor of Illinois has vetoed
the bill which provided for bounty OF
one cent q pound on beet sugar.-Ex-
change.
The amount of money in circulation
| in the United States has more than
doubled in the last twenty years.-Ex-
change.
The gas trust in New York reduced
the price of gas from S1.25 to Is cents
per 1000 cubic feet when competition
was threatened.
New trusts are being organized
every day, and the craze to combine
everything in sight appears to be q
popular fad.-Exch.
| Exports of American manufactured
goods during March amounted to $780,
| OPS, $50, an average of 81, 4OO,O 600 for
each working dsy.-Exch.
During February, 1899, the amount
| of American cycle exports was S3, $780,
OF. During February, 1898, the fig
ures were 90, 467, 37.-Albuquerque
Citizen.
The coinage by the minis of the
United States during April, 1899. ag-
gregsted $40, 066, 1894, as follows: Gold
81, 1894, ATS. silver So, 159 .449. 1-cent
bronze 81, O70.-Exch.
The developments that will result to
the Pacific coast from the acquisition
of the Philippine islands will make that
side of the continent the great center
of activity for the next hundred years,
Exchange.
The California Packers association
has been incorporated by the capital
stock of 81, 500, 900. It is composed of
the largest fruit packing establish
ments, which state the object Is to
regulate prices of canned fruit.
The Standard Metal company, hav-
ing for its object the control of the out
put in the United States of car-journal
bearings and bronze and brass spe-
cislties generally, has been formed,
with a capital of IS 200. Acknowledgement
que Citizen.
ly granted by the secretary of the state
to the American Hide & Leather COM
psny, with an authorized capital of
$40 900. 600, $4,000, 900 of which is |
per cent cumulative preferred and S40,- |
600, 600 cOmmOn.-Albuqu Demo- |
crat.
Exports of gold and silver from New
York to all countries for the week end
ing April 20, aggregated 1882, O49 Sill
yer bars and coin and $54, 096 gold, q
total of 1896, IA, against total of |
week last overwhelmingly Citi-
zen.
The midland railway, of England,
has made arrangements to place an or
der for 40 more locomotives with
American firms, and it is understood
that the Great Northern railway like
wise will order large number of en-
Rines of the mogul type from A merican
builders.
Iron shipments for the first quarter
If 1899 from Tennessee and Alabama
points were 356, 900 tons, an increase of
L, 600 tons over the same period of last
year. OF this amount $4,000 tons went
10 Europe, and 600 tons of cast iron
pipe were also exported, going princi-
oally to England and Sweden-Dallas
News.
The Tennessee Coal, Iron and Rail
Dad company have followed the action
# the SlOss Iron and Steel company by
an advance of q cents per
on in the wages of its 60OU coal min
RS. The raise dates from May l and
8 the third for the present year, The
otal being u cents per ton, the result !
# continuous advance in iron prices.
vhich govern miners wages. The va
iOus smaller mine operators are ex-
ected to take similar action at once.
he raise will affect 1900 men.-Dal-
IS News.
Now that Great Britain has decided,
long with Canada and Australia, to
ay its share of the cost of q cable
cross the Pacific, that enterprise will
e speedily carried to completion. The
= BILE is to extend from British Column
ia via Tanning island to New Zealand
nd Australia. The world will be thus
cited electrically and will be possible
} reach most important points from
pposite directions. There will be an
ll-British connection with. outlying
Ortions of the empire, which will be
seful in time of war.-Exchange.
The Siberian railroad is said to have Z.
pened up vast wheat fields in Russia |
nd thousands of families have follt W.
the line and built them bones In
ne Altai mining district last year
yer 300, 900 tons of surplus wAeat was
reduced and only per cent of the
valuable agricultural lands have vet
cen brought into cultivation. In the
ertile steppe country opened up by E
ne western section of the railroad Y
1, 600 tons of wheat was raised for eX- "
ort where until recently it was neces- v
sry to import wheat every year for