Rock Island daily Argus. (Rock Island, Ill.) 1886-1893, 1886-12-30
INDUSTRIAL TOPICS.
SapitaI and Labor Money Found
Confidence General--A Busy Win
fer Ahead--Rusine Booming.

circles, nave SuHluihteu COHHutHcc VI
capitalists, manufacturers and merchants
in winter and spring business. The great
increase in earnings in the western and
southwestern roads has developed a score
of new railroad enterprises in those res
eions, and manufacturers are crowding
10 to seize good opportunities. Railroad
earnings this year exceed all former years
The rail mills have sold 1000, 600 tons
of rails to be made next year and can
make only 100000 tons. Foreign
makers expect to sell us $780, tons of
material British iron markets are adj
vancing and an upward tendency is felt
in all eastern, western and southern mar
kets. Mil,s are overcrowded and BLAST
furnaces are being built both north aud
south to meet the increasing demand.
Business in all branches is good, but
profits are small and prices do not re :
spoDd to the advances in raw material and
labor. Stocks of all kinds of material
and provisions keep low in the market
centres.
Cotton is cheaper than year ago and
wool is higher. Iron has advanced nearly
90 per cent, and lumber is about the same.
Nails are weak because of overproduction
Leather Is abundant and low in price.
Textile goods of all kinds are in the
greatest abundance and mills are crowd
ing their machinery to the utmost to keep
even with orders.
1t is a noticeable fact that with the
growth of organization spirit of econ
omy is developing which promises to
produce more permanent benefit than
can be derived from labor organization
itself. The discussions going on among
organized labor create an anxiety 10 save
and lead to an effort in that direction
The Accommodations of the savings banks
throughout the country show marked
improvement within the past year. but
much of this is due to the increased earn
ings of labor, due to more work and bets
ter wages Speaking generally, labor is
better employed at this time of the year
than for several years. and the winter
prospects for employment both for in>
door and outdoor work, were never bet,
ter
The central labor union of New York
will soon establish general labor bureau.
The cooks and pastry cooks of New York
are doing this now. They are interfering
with the old line intelligence offices.
The retail salesman of that city are fol
lowing up the Sunday selling storekeepers
very closely, but the New York officials,
one after the other, cowardly dodge the
responsibility of enforcing the law. A
committee waited yesterday on the police
board to ask for the enforcement of the
law The New York bartenders have q
strong union, but they get very little
coutcnance from the central labor union.
Last Sunday there was a convention Of
the shirt trade, who denounced prison
labor and organized to enforce label to
be attached to all prison made goods in
their line. The machiniSts of New York
are trying to induce Secretary Whitney
to see to it that political heelers are kept
DAT Of the navy ward. The Brooklyn
Lace Makers association has organized
against the low rate of wages paid, but
the employers say that German lace is
imported for less than they can make it.
The central labor union has taken the
workmens side and will investigate.
Cooperation seems to be well planted
ia Minneapolis. The workingmen there
have q successful coopering establish
Hlen1' al agricultural coioHt' d Llerc1h>
tiie company WIN d pIont"oie iau4oi5
Auu SeFe'"i s"o'eSSiu' ""'i'ii'iS ana 10 NJ
asS 81,
Inc NA''Ic Id -t'0 'tI '"5 GIN ANUS
in several parts of New England are ins
creasing their capital The general re-
port is that business is excellent. Makers
"a NJ ei'oa', ~ -
'n'H Stc'''''ieS iHto A-'i"P0' 90l'e'
r'e '"",'0i VI C"noil'l aug FAl'o''' a
pos'o'' MN Is u'lns d VI business ID
lherl ao'oa''i - steaS many 'u'it''''ls
arc oe'"s nauc 70 teAt'ie' paper "tlc III =
chlnery INNS communion o. hse u
'Ie p'lNcIP"i 81" ~ 'tn VI ''''
gounAH Is aoou' o1ii's i'l"ut It oulE"l'e
ans anu "hen /. mas wiped OUT al 'he
so'al Try II VIII ADVANCE prices ii IS re-
ported 'nat 1t mas onereo one COMPANY
AZ tnaI plaIe ~ per CENT oi tHe cfpitaI
STOCK Oh lhe new comoihauoh Il 1t VIII
ShIt uo"n lor nve years .--.-- >,
haiG'i"s ilaci'ineS are spfih9ihs up All
over Inc west A Loweii company mas
Just feofgaHized lhe AliahtH tottoh
MUS, ,rs
ihe se'le.I'y VI tle s'":e VI 'iaiue
says no 0oe1ou laCtoliee Il, 'nal s's'e
nave hlaue any cnange IN the ienglh Oh
uaS "oLh' ana tnat al the ~ooleh miils
~ .n' St@'e VIII sno''is iun ho ihofe
tuaH IeH uour5'
a ne" amp Is 10 oe introduced into
1ne Ohl'eu ota.es' II ~ hno"h DIS the
Nennani patent gas lamp. by the use
ol tnls lamp IL Is said that toere IS a
laiSe ieuuctiou IN Tue amount ~, OF gas used
anu FsiuaDie increase III Illuminating
po"er- ohe investigator WHO mas seen
l. ~ ~ Euslhnu says ra,her ehthusiastlcaiis
49,. W ~. an"' ID ID '"' s'ea'es' in''n'ioh 'i
'NS 90. ,-.-.--
-" M I Tn" I'M, 10 ulisiu =. soou
dnct;on of 6ner raan ''I If ', nod s,'o o.
If the mills which has found i noco.sa r ~
~ AAO.' AN"-'A ~ ANN>N'Ai J