The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1902-04-11
BUSINESS BREv1TIEs.

traffic In the world at The beginning OF the ycaI
1902. Is stimatc at 4si,3is, Of which 900. 65i
miles arc in North America, 16s,6o5 in Europe,
35,5s0 in Asia, 2S,36i In South America, 1853
in Africa. and 15,2ss miles in Australia. The
United States has 100,37s miles; German empire,
1884; Russia, 2D,s9i; France. 26,8l6; India, 2j,.
OBS; Austria. Hungary, 22,0i0; Great Britain and
Ireland. q, 100; Canada, 1857; Australia, Ii, 2G6;
Argentine. 1919; Italy, $50; Mexico, 0,oO3;
Brazil. Sis; Spain. $500. North America has
more miles than Europe, Asia, and Africa com.
bincd. The United States has as manv miles as
Europe and Asia combined, and more than two.
fftlis Of the railroad mileage of the entire world.
Thirtv.Rvc million dollars Is a large amount Of
money to be invested in horses by one country
during a period Of only six years; but, accord.
ing to recent English statistics, that sun repre-.
scnts the value of the horses exported by the
United States to Great Britain from 1895 to 1901.
And this has no reference to our shipments Of
mules to the United Kingdom, which, from Sep.
TENDER, 1909, to December, 1901, aggregated in
value over $4,000. 900. During the single year end
ing with june, 1901, England received from this
country the record.brcaking total Of 10000
horses.
A Seattle dispatch says: zone of the greatest
mining and trading concessions or record has
Just been given John Rosenc, of this city and
NoioHC NonluTldISkHy VI 81. IeltTSDuIk. SSso-
ciated with them are certain noblemen and capt.
talists in this country and Europe. The grant
comes from Russia, and is for Siberian territory.
The concession comprises, for gold mining and
trading purposes, an area lying beyond Boring
Sea and the Strait greater in extent than three
average.sized states of the American union"
Negotiations have been completed under which
the Atlantic Coast Line Railroad company will
n nn,tirn M, n - hpfprn .JpIy 1 1000 tho Sntnnpn1,
Florida and Western Railway company. the prin.
cipal of the roads comprising the Plant system,
which is to be consolidated with and made a
part of the purchasing company. The negotia-
tions also contemplate the acquisition by the At
lantic Coast line Of the other railway properties
OF the Plant system at the same time.
There is now on deposit in the state and ma.
tional banks of Nebraska ss7, or. 436, of an av-
erage OF $7G.l6 for every inlmbitant of the state.
There are 05 ,O52 dcpositors in the 430 state banks
alone, besides those in the national banks.
Farm loans have dropped to 8 per cent. interest,
with abundant capital offering. where formerly
they were obtained with difficulty at 10 and
IL per cent, interest.
\ Joplin, Mo-. dispatch says: "1hc demand
for high grade Znce ore continues to increase,
even at present advanced prices. Zinc ore now
~ 'pSS Wv Ii NNh'' WI t'uh " hoaiLI Nsos
and is still advancing. This is creating unusual
activity in mining, and is attracting the attcn.
ton Of considerable Eastern capital to the Mis-.
souri, Kansas mining district"
Steel is very scarce, and billcts are quoted at
$32. $40 more than a year ago. Heavy orders for
bar iron and steel are reported at Pittsburg and
Chicago from implement. wagon and carriage
manufacturers, and business continues good even
at the advance of 50. Tie demand for finished
material seems to be still in excess of he supply,
4 company, in Guiding Stuyvesant Fish, of New
York, j. G. Yelling, and j. 7. Ilarrahan, of
Chicago, and other Chicago and New York CAPT.
talists, has purchased 10000 acres of land in Goa.
homa county, Miss, with the view OF develop.
ing it into Il model plantation.
1t is held by the Massachusetts Supreme court
that a purchase OF stocks on margin is not a
real purchase and sale, but a wager under gui-c
of a purchase, rs there is no intention to actually
buy the stock and deliver it to the customer.
Bank clearings for the week ending with April
3 aggregate 81 ,o64. l61 1927, Il decline of % per
cent. from a year ago. Exchanges at cities out
side OF New York amount to $765. 1871, 527, Il de.
cline OF one per cent. from last year.
beginning tomorrow, it will be possible to send
from one end OF China to the other, ii letter for
one Meylcan cent, Oess than half Il United States
cent?. The registration fee is five Mexican cents.
Bradstreet's reports 17G failures in the United
States last week, against 1873 for the previous
week, and lss, ls2, 100, and go, for the CORES.
ponding weeks OF 1901 to 1858.
At new York, dry goods jobbcrs report business
for the first three months OF the year the best for
several years past, and between-seasons demand is
still good.
1t is reported that n new company with a cap.
ital of 500 900 is being formed to take over
OF the Asphalt trust.
The Baldwin Locomotive works, Of Philalel.
phia. has an order for twenty-five locomotives
for the Danish state railways.
The ]. G. Brill company, of Philadelphia, is
about to ship twenty cars for the Mexican Tram.
ways company, Mexico City.
Senator Hanna predicts that Tennessee and Ala
bama will yet be the centers of the American
iron and steel industry.
Cotton shipments to date are 600,0W bales
ahead OF last year. The crop in sight is now o..
4OO, 900 bales.
A large steel manufacturing plant, to be sit
uated in San Francisco, is projected.