"My country, 'tis of thee!": Or, the United States of America; past, present and future. A philosophic view of American history and of our present status, to be seen in the Columbian exhibition.Johnson, Willis Fletcher
History
"My country, 'tis of thee!": Or, the United States of America; past, present and future. A philosophic view of American history and of our present status, to be seen in the Columbian exhibition.
Johnson, Willis Fletcher
United States -- Description and travel; United States -- History
In a city of such rapid growth as Chicago, dealing in real estate and
the construction of buildings are important departments of business.
Thus, in 1890 a total of 11,608 buildings were erected in the city,
having a gross frontage of more than fifty miles, and costing
$47,322,100. During the same year the transactions in real estate
aggregated $227,486,959.
The general business of Chicago can only be stated by the use of figures
too vast for human comprehension. No man, for example, can appreciate
what “a billion dollars” means. Well, the commerce of Chicago in 1890
amounted to more than that, in fact, to $1,380,000,000. Much of this
came from the grain farms of the Northwest, for Chicago is the greatest
grain market in the world. According to its Board of Trade reports, the
city in the year 1890 received 15,133,971 bushels of barley and shipped
9,470,221; received 81,117,251 bushels of corn and shipped 90,556,109;
received 4,358,058 barrels of flour and shipped 4,410,535; received
13,366,699 bushels of wheat and shipped 11,975,276; received 64,430,560
bushels of oats and shipped 70,768,222; received 2,946,720 bushels of
rye and shipped 3,280,433; received 6,244,847 bushels of flaxseed and
shipped 6,594,581; received 72,102,031 pounds of grass seed and shipped
59,213,035; received 7,663,828 live hogs and shipped 1,985,700; received
77,985 pounds of pork and shipped 392,786; received 147,475,267 pounds
of lard and shipped 471,910,128; received 300,198,241 pounds of cured
meats and shipped 823,801,460; received 109,704,834 pounds of dressed
beef and shipped 964,134,807.
In the same year 2,219,312 head of cattle, and 5,733,082 hogs were
slaughtered. Sales of lumber were 2,050,000,000 feet. The breweries
produced 2,250,000 barrels of beer. The general jobbing trade aggregated
$486,600,000, of which $93,730,000 was in dry goods, groceries coming
next with a volume of $56,700,000; boots and shoes, $25,900,00;
clothing, $21,500,000; manufactured iron, $5,680,000; tobacco and
cigars, $10,850,000; music books and sheet music, $22,000,000; books,
stationery, and wall-paper, $25,500,000; pig-iron, $20,035,000; coal,
$25,075,000; hardware and cutlery, $17,500,000; liquors, $13,800,000;
jewelry, watches and diamonds, $20,400,000, and other lines in smaller
proportions.
Nor does this marvellous city lag behind in manufactures. The statistics
of 1890 show 3,250 factories, with $190,000,000 capital; 177,000
workmen, $96,200,000 wages, and a total output valued at $538,000,000.
The iron industry alone employed 34,000 workmen, who received
$18,500,000 in wages.
To meet the needs of this vast volume of business, extensive banking
facilities are required. The total of bank clearances in Chicago in 1890
was $4,093,145,904.
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account