The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1885-08-22
THE REVIVAL IN BUSINESS.
General Indications in indianapolis Of
the Beginning of Boom.
The Growth of North indianapolis and It's
Prosperity-The Encouraging Reports
from Manufacturers and Business Men.

from Manufacturers and Business Men.
Every day seems to bring additional indica-
tons that the prolonged season of stagnaton in
business is about ended. North Indianapolis is
at present enjoying business boom and revival
of trade that is quite encouraging. The town is
being rapidly built up by newcomers, and the
price of property has been gradually advancing.
During the last year so many changes have
taken place IN tho appearance of this suburb of
the city that to one having visited it year ago
1t would now seem thriving, populous business
center. The Udell wooden ware works estab-
ished there reports that business is better at the
present time than for several years past Their
factory employs about one hundred and
twenty-five men, and is constantly in
operation. This month they have received
unusually large orders from San Francisco
New York, Chicago and Milwaukee, and will be
forced to run the factory to its full capacity all
the season in order to meet the demand for their
wares. Mr.. Udell says prices have generally
decreased, but business has so increased that the
actual profits are about the same. The estab
lishment has agencies in New York, st. Louis,
Chicago and San Francisco, besides profitable
trade in foreign countries. Large orders of
goods are shipped to South America and Aus
traia each month. This foreign trade has kept
the mandatory busy during the last two years
of depression The employees of the Udell works
are especially active in building comfortable
homes on their own property. Tie successful
operation of the mandatory has aided the
workingman greatly during the last few years,
and has contributed materially towards build
ing up the suburb.
The indications Of revival in business seem
to be general, and in nearly all branches of
trade an improvement is reported. c. B. Lay
cock q Co., manufacturers of elevators iron
roofing, and building contractors, on Pennsyl-
vana street. report very favorable outlook.
Said Mr.. Laycock: I'VE are fulfilling large
contract in the northern part of the State, and
the other jobs offered fully up to our eX-
pectations They are small, comparatively, but
numerous; enough in fact, to enable US to keep
full force at work, and full time. The
prospects for us are more favorable than they
month ago, and much better than this
time last year The only thing we can complain
of is the lowness of prices for work. They are
so far down as to leave % very small margin.
Mr. Knight, of Knight & Jilson, dealers in
steam and gas-ftters' supplies, was in particll-
larry good humor when asked as to the condition
of business from his ground of observation.
1--WE have no right to complain said he. I'VE
were never so busy as now. We have lots Of
orders both from the city and the country. Our
store is full of goods and had we double the
room we could fill it with supplies. Our business
would justify it. We are putting in the steam
heating pi pes at the Deaf and Dumb Asylum
and are about to begin work in the new Catholic
school house, St. Marys. With these, we have
an order for 80 900 feet Of pipe for large starch
factory il Edinburg. Although prices are low
we are satisfied We are hiring men every day"
Mr.. Fulton, Of the Machine and Steel Pulley
Company. said: Our business has picked up
greatly within the past two weeks The general
condition is much better than two years ago.
Orders are coming in to us from all over the
country. That shipment out there on the side
walk is to 60 to Texas. We recently sent large
one to Kentucky. [ mention these as instances
Of what doing, and ground for my
statement that legitimate business is more
promising just now than it has been for the past
several months. l saw dispatch to-day from
one of the largest iron syndicates in the South.
1t comprises six mills. The telegram stated
that these mills had sold sixty days ahead
Of supplies, and that, while inquiries
had trebled within the last three days, iron had
advanced a dollar per ton within the last two.
Iron governs the markets of the world When the
metal goes up it is sure indication of revival
in trade. Then one is safe in dealing in any
thing, from old rags up to assuming the largest
contracts. OF course prices are low, but orders
are plentiful"
At Sinker s. Daviss works it was represented
that the volume of trade was better than last
year. but prices are somewhat lower. Il can
say" said the secretary of the company, that
our business is larger than at this time last sea
SON.. We are meeting with decided success in
the introduction Of orr mills in the pineries.
The outlook is very favorable
They tell me that iron has gone up one dollar
per ton"
1--WE buy largely four or FIVE times a year.
Last week we closed a contract for supply at
dollar less than we have paid heretofore. This
contract IS with one of the largest Southern
mills represented by Cincinnati firm. The
agent advised us to double the contract, as iron
was being bought mp by spectators, and would
soon show marked raise The only complaint
we have is in reference to low prices; otherwise
business gives every assurance of being fully as
good as that OF any season short of flush times =
At Hetherngton & Berners works, on South
street, Mr.. Berner said: 1--WE have plenty to do,
and several large contracts. particularly one,
pushing our establishment to the limit. We are
to supply a large lot of iron work for the Insane
Hospital, and are doing all the casting for the
Panhandle railroad. We have in hand the iron
work for the new city hall, and our boiler
business is good that We're compelled to
refuse an order yesterday for six large boilers,
because we could not get the extra he'll and iron
in time to fill it. While prices are low, we can
not complain, as, in addition to the contracts
have mentioned, we have one to fiji for the new
opera house in Anderson. Over there you
see men at work on six large boilers, ordered
for Memphis. We have another like it to meet
Said gentleman with business rush about
him, as he came into the counting room, Can
you turn out six forty-two inch steel boilers by
the 4th of SeptemberP
Mr.. Berner-We can't do it on account Of the
push in other orders
Gentleman want to telegraph my principals
tonight or TO morrow morning. The money is
cash the moment the boilers put the cars.
Mr.. Berner-We have this and that work to
\ ov,A I do how C1,1a 10 l1o.3
by that time.
Gentleman-If you put them up by the
10th it will answer
The order was accepted, the telegraph put to
work both q the cpntlarra NJ npincnalS nd +O