Evening star., 1933-12-31
Number of Workers
in Nation Jumps
20 Per Cent.
Continued From First Page.)

Africa. September foreign consump-
ton of 134000.000 pounds was the
largest month in years.
Lead-Stocks of lead near the year
end were 10000 tons below 1892 levels,
because production. world and domestic,
averaged lower. Buying. except in the
motor industry. remained unSatiSfac-
tory, as cable makers bought sparingly
and, until late in the year, paint manu-
facturers had supplies.
Zinc-ConcentrateS OF zinc in tri-
State bins at mid-December were 2l,-
$50 tons less than on January l, 1888.
Anaconda put crews to work on zinc ores
in December. Operations of the steel
industry, zines best customer, explain
Why domestic stocks fell 28,640 tons in
IL months.
Tin-World stocks Of $4,000 tons of
on January l, 1888. Used by American
tinplate makers, worlds largest tin con.
sumers, continued mine restriction and
rationing by the tin pool explain this
showing. Tin prices nirrored such sta
tistics and the fluctuations of sterling
NickeLWorld demand for nicsel oe in in
the first 10 months was 28109,2 ,280
pounds more than in the same 1882
period, rejecting improved American
industrial activity. widened consump-
nickel steel scrap qnidatng
tating the use of a new nickel in steel
furnaces.
Silver-The bidding up of silver from
2412 cents to above As cents an ounce
was based on a widespread belief that
the administration will do something
for silver" Low production of copper,
lead and zinc, with which ores silver
often is associated, limited world silver
outturn to around 101 ,012,000 fine
ounces, against 129, 1885, 900 ounces in
1882.
When President Roosevelt. on Decenl-
Der 81, announced ratification Of the
world silver pact, agreed on at the Lon
don Economic Conference in June,
silver excitedly responded. This move
was hailed by producers, consumers and
the various nations on silver basis.
Coal-Railroads, electric power utili-
ties. steel works, coal gas retorts and
general manufacturing burned more coal
in 1893 than in 1882. Colder weather
lifted household use, despite increasing
oil and natural gas competition. Lake
loadings were 100000 tons above 1882.
Hampton Road loadings were up 900,-
600 tons. Railroads hauled 313,499
more cars of coal and 66,587 more cars
OF coke in the first 48 weeks than in
the same 1892 period. American an
tllracite, thanks to the dollars discount,
competed successfully with Welsh an
thracite in Canadian markets.
Oil More Stable.
Oil production and refining-A glut
Of crude oil and price cutting of motor
fuels prevented stability in that indus
try as the year opened. As 1888 ended
25 major companies were subscribing
SIC, 100000 to a pool to be formed for
orderly marketing of gasoline surplus.
Between these periods oil in East Texas
sold as low as 10 cents a barrel and
gasoline was 2l2 cents gallon.
When the trade was unable to en-
force its proration agreements and "hot
oil" caused smash of prices, President
Governors and oil executives and ap-
pointed Secretary Ickes as oil adminis-
traitor. Mr.. Ickes set allowable daily
production on October l at 2,409,7 700
barrels day, subsequently lowered and
allocated gasoline production in the
various refining districts. The trade.
through its code, is trying to limit gaso-
line inventories to 52,500,000 barrels
by March 81, 1884. Crude oil output
in 1888, according to the American
Petroleum Institute. was 895,000,000
barrels. or up 100000 barrels, and
gasoline consumption came within 2
per cent of the 1880, $685. 900 consumed
in 1882. Texas and Oklahoma, with
gains of 75,oO0.0oO and 100000 bar
rels. respectively, accounted for the
crude-oil output rise, as California was
the only major field to show declining
production.
Gas-This fuel, natural and manu-
factured, felt the depression and sub
sequent recovery. Manufactured gas
customers in 1888 declined per cent,
sales per cent and revenues rs per
cent. Natural gas customers declined
five-tenths of per cent, sales rose 2
per cent and revenues fell per cent.
Nearly 80 per cent of American work.
ers in 1880 were engaged in distribu-
tion-foreign and domestic. Languish-
ing trade reached from the grass