Durango semi-weekly herald., 1902-06-23


measure OF industrial growth in the
first half of the century In compar-
lson with the figures of the census
of 1850 manufacturers show an in
crease invested approximating nine
teen-fold in the average number OF
wage earners about five and one-half
| fold; in amount of wages paid about
| ten-fold, and in gross value of prod
ncts about thirteen fold. The popu-
lation of the country has in the mean
while increased two and one-quarter
fold. and the products of agriculture
from 81 500, 900 900 to s4.739, ,11S.752.
or less than three-fold.
The value of the products of all
manufacturing and mechanical indus
tries for 1900 is s13. .004, 400. .145, an in
crease of SO. .63l 962 $50, or 3S.s per
cent. over the value shown in 1890.
which was $9,372 ,437 .2S3. The total
products returned by the census of
$50 was $500 $40 ,l91, the increase
| from 1880 to / $50 being 4,002, ,S5S.O92.
or 74.5 per cent. While the increase
during the decade ending with 1890
exceeded that for the last decade by
| 1916, 1896, ,232. II should be borne in
mind that the value of products for
! 1900 represents a relatively greater
volume of quantity of products than Is
| indicated by the value expressed in
dollars. BY deducting S4,633 ,S04 .967. (,
the cost of artially manufactured ma
terials. from the gross total value of
| roducts. there remains as the net
value of manufactured roducts $8,370,-
| 595. l76. which reresents the original
cost of materials. together with the
value added by manufacture.
The gross value fairly represents
the volume of our internal trade in
manufactured articles. exclusive of
the wholesale jobbng and the retail
ing of the products of manufacture
The total money volume of the whole
sale and retail transactions in the
manufactured products of the United
| States is unquestionaby greater than
the volume of the international trade
of the principal countries of the world
which equals the sum of s20,O05 Ssh
354.
NEW YORK June l9.-Grover
Cleveland arrived in this city today
| from Princeton, and was received with
an unusual demonstration by leading
Democrats of national fame. including
former Secretary of the Treasury
Fairfield Dan Lamont. Olney of Mas
sachusetts. Senator German and 9th
ers. His old-time enemy, David b.
Hill came down from Albany. to greet
| Cleveland. and altogether it was quite
evident something was doing. The
event is to be followed by banquet
and opening of the Tiden club at
which Mr. Cleveland is to make the
principal speech. which will. it is
thought, bury Mr.. Bryan. 1t is the
purpose of the leaders to nominate
Mr.. Cleveland for the presidency. he
being the only Democrat elected to
that office for fifty years. An effort is
being made in his behalf to put for
ward his name in the west. and eff
Mr.. Bryan cannot be conciliated he
must be crushed" As stated by
leader today. outside the Bryanites.
all the dissatisfied elements of the
party are to be harmonized at the Til
den club gathering tonight and tomor-
row The speech of Mr.. Cleveland is
looked forward to with interest by
politicians of all parties.
WASHINGTON, ID. c.. June 19.-
Italian Ambassador Desplanches moth,
fed the state department today that
the amicable relations of Italy and the
| United States would be in nowise dis
turbed by the findings of the court of
inquiry regarding the Imprisonment
of the officers of the cruiser Chicago
in Venice.
] raIi
Oriental advices state that an imper-
al Chinese proclamation has been
issued directing that one hundred
handsome girls of the empire be pre-
sented to the emperor, as he desires
to choose a consort to replace the
woman thrown into the palace well on
flight of the court from Pekin
HILL CITY, Kans., June ia tor
nado struck two miles north of Hill
Ciyt last night and demolished several
| buildings. killed stock and injured
several people. Seven head of cattle
on stock farm were killed by one
bolt of lightning
| GOLDEN. Colo, June 19-At the
State School of Mines commencement
exercises this afternoon it was az
| h'hii''u thdt IOltSSOT fdllneE OF IUp
Boulder university was elected presi-
dent. The graduating class numbered
twenty-four. Over one hundred start
ed in as freshmen four years ago. antS
nearly hundred fell by the wayside.
One graduate is from Seoul, Corea.
! NEW YORK, June 19.-After the
active and upward tendency of the
stock market for the last few days, a
sudden reaction came this morning,
and under fight of bears all stocks
went down. Copper dropped two
cents Reading. Missouri, Pacific. St.
Paul and United States Steel all
dropped point or more and sales
were heavy. For the first hour the
market seemed to be going to smash.
PORT HURON, Mich, June 10
Beatrice and Norma Abraham, aged
IA and years. respectively, and their
cousin, Arthur Martin, aged 20. were
drowned in Lake Huron off Edison
Beach this afternoon. They were out
in small skiff which was struck bs
sudden squall and capsized. None