The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1902-06-20
THINGS
WORTH
NOTING

Monthly dividend disbursements for
1902 thus far shows as follows:
January ............ .................S2s,OOO ,OOOO0J
feDruary ............. ......'...... lLVoV'Vo
Marcn ........... ................... jUWV,VOU
April ......................... Zu,UU.UU
inlay .......................... lHUOU,VU
juno ACKNOWLEDGEMENTS. 100000
Total for half year. .$134 ZOO, 900
This Is a large showing, but very far
larger II tabulatcd, would be the showing
of wages paid before a single dollar went
to any of these shareholders.
Milton ]. Platt, in the New York Times
Is always instructive and interesting.
Here's his latest on last years crop re-
suits. as figured by our active and useful
department of agriculture:
Bushels. Farm Value.
Corn ..............1, ,522. $4,000 1921 ,555, 1863
Wheat ...... ........ 74S,46O2lS 467.35O. 166
&JatS ................ toO,oUo, i.f Soo,o0o, 80
Barley, rye, and
wheat .... ........ 155, 5,5O3,6o5 q. 1888, 223
Total crops ....3, 1863. .291, ,697 S1,757. 702, ,934
Fifty million acres in wheat. 2S.50O,O00
acres in oats, and the enormous breadth
of 81, 333, 1888 acres in corn.
The average number of men employed
= y
than $4,000 The net earnings of the
combine were S111,0OOOO0. 1t appears,
therefore. the Steel corporation realized
during the year about $702 net for each
man in it's employ. The average wage
of each employe figures out to have been
about So n day. including Sundays or
s7l2 a year. Each employe. therefore
united the combination $40 less Il year
than he received in wages. The total
wage disbursements of the combine was
about s1,0CO.00O larger than its net earn
ings. Besides this heavy wage disburse-
ment, fully sixty per cent. of the fifty
four millions paid out for frcights was
diSburSed again as wages.
The financial statement Of the Domin-
ion of Canada for the ten months ended
April 30 has given much qualification. The
ordinary receipts exceeded tho ordinary
expenditures by the handsome sum of
12.6S1,7O3. and yielded a surplus of 49,
S1l5 over the ordinary and capital ex-
penditurc combined. In addition there
was a reduction in the public debt of s2
Ol7G5S. These figures indicate the pros
porous condition of Canada.
The official grccn-book of the New York
insurance department shows, among
other things. the experience of the Brit
ish fire offices which did business in the
United States during 1901. The net prem
iums amounted to $36 459. 794. and the net
losses paid and outstanding, after allow
ing for the unpaid losses at the end of
1900, were s24,Sl9.1a5. The total expenses
and commission We're $4,000 Oa3. so that
the trading loss on the year in the United
States was S1659,49i. Receipts from in
tcrcst, dividends. and rents to the amount
of 81, S29292 alone prevented the trading
loss from being an actual drain on the
reserves.
A Japanese engineer. II. Slimoda from
Kobe, Japan, with the Kawasaki Dock
yard company, is making a tour of the
different countries, inspecting shipyards
He visited the yards. while here, of the
American Ship Building company. Mr..
Slimoda says that in his country Japan
csc workmen employed in shipbuilding re-
ceive only forty-tive cents a day. He is
we'll pleased with all that he has seen in
the United States.
All talk of a commercial war between
this country and any European competi-
tor is ill-founded. We occupy the unique
pOstion)of producing practically every
thing we require. Should it come to the
point of shutting out all imports there is
hardly single article with which we
would have to do without. THAT is not
the case on the other side of the Atlantic.
There is not a single country that pro-
duces its entire requirements Shut off
the cotton, the grain and provision supply
from this country and all Europe would
30 hungry. and many people who now
talk so lightly of closing European mar
kets to American products would see star
walton staring them in the face. Threats
are easy and cheap, but it's quite an
other thing to fight on an empty stomach
against well-fed and otherwise we'll
equipped opponent And that's the situ-
alton that would confront Europe in the
case of a tariff Wharf.-The Manufacturer
wise wag once said in response to the
toast, "Heres to your prosperity. May
you stand it like a man. That's
better sentiment than You think it is"
said he 1T takes a clever man to stand
prosperity. Any fool can stand adver-
sity; he has to-
Great Britain does. in fact, apparently
buy from foreign countries more than
she sells to foreign countries somewhere
from $500, 900 to 81 600, 100000 "A year. and
has been going along at this rate for sew
eral years past. In fact, she has not had
n merchandise balance In her favor in
the last hundred years. Any other coun-
try would have been bankrupted. What
has kept Great Britain solvent? She is
the greatest money lender among all the
nations. the greatest investor in foreign
productive enterprise. the greatest car 1
rier of oversee commerce.. Her rev.
enues from those sources alone are esti-
mated at not less than sSO0.0O000O a year.
IT Is In that way she balances her books
and keeps square with the world.-Pro-
teCtionist.
Taking day for pleasure, the Eng
lishman attends the races and sees the
highest stakes won by an American
Jockey. Looking over his evening paper,
he reads of the placing in American ship
yards of orders for American style battle
ships for European as well as Asiatic ma
tioRs. and learns that the scene of the
coronation of the King of England is to
be painted by an American artist, and
that the forty thousand gold. silver and
bronze medals, ordered by tho command
Of the king. to commemorate his corona
tion. are being made in Massachusetts,.
From Americas Invasion of Europe"
by George Fl. Daniels. In Four-Track
News. for June.
In recent competitive bid for supply
of field glasses for the navy department.
to he included In the outfit of about sew
enty Of the new war vessels, the Cleve-
land glasses far exceeded those made by
the only other manufacturer of prism
al glasses Ia this country and those