The farmers' union. (Memphis, Mo.) 1891-1895, 1894-02-08
FINANCIAL AND INDUSTRIAL

It. C. Platt and NJ. j. Perry were APP
pointed permanent receivers of New En-
gland in Massachusetts and Rhode Island.
Judge Kicks refused to restrain the
receiver from reducing wages OF employees
of the Toledo. St Louis ard Kansas City
Road.
A report OF Comptroller Alderman
shows sl.05S. SIS was paid TO IA. 5:;1 persons.
VIII, were on the Chicago pay rolls for De-
cember.
Because OF opposition to the reorgan-
iZation scheme. foreclosure OF the Read
in: Road is being considered by tie re.
cevers
In advance of its regular statistical
report the Interstate Commerce Cos1mi>-
sion has complied the returns frOTa AS
operating companies VIII Sc railroad mile
a-e is AS. $50 - miles Of line or s. per
cent Ct The total operated mileage in the
United States for that eriOd. The gross
earnings were Sl.Os5. 6S5.2Sl. OF which
S3:2. SO'.5is were from passenger service
and s.::a 249 800 from freight service. The
operating expenses were Ss35.42s. 5I2a, or
G.. - per cent. of the gros, earnings. leav-
ing net earnings OF $3.50. 251.749. which Is
about 4 per cent on the capitalization Of
the roads reporting. comparison OF these
items with the complete returns for the
previous year shows an increase in gross
earnings OF $50 per mile of line. and in
operating expenses of : 33 resulting in q
decrease OF net earnings of s. per mile.
"A riot occurred shortly after midnight
Tuesday at the Eesuvius Iron Works of
Moorehead Bros. & Co.. Sharpsbur-, Pa,
between the strikers and noa-union men.
One man was probably fatally shot and
number were injured Some time ago the
company reduced wages Is per cent, and
the employees refused it. The plant
was shut down. and few days ago
the finishing department resumed with
non- union men The strikers held a
meeting and resolved to stand firm.
After the adjournment fifty colored and
white men star; ed for the mill to drive the
non. union men out With curses and yells
the mob tore down the fence aud made a
rush for the finishing department. About
dozen men were at work. The men carried
! revolvers, clubs and stones They fred sew
cral volleys. and ut the first enc "A workman,
who's. name is not known. fell to the floor
shot through the back. He will probably
die The workmen were then surrounded,
! and. being outnum5ered four to one. fed
Erecipitately from the mill! prote citing
themselves with tools and piece, of iron
They we're driven some distance and then
escaped. The plant was at once shut down
and the furnaces banked. No ATTEMPT will
he made 20 resume until the men have pro-
lection
Union Pacific employees are an-ry at
the manner in which the new wage sched-
ulc rushed through the court at
Omaha.
1t IS announced that the re ceivc1s OF
the .Atchison system and their legal repre-
sentativeS Will. in the United States Court,
apply for a receiver Of the Colorado Mid
land Railway ard also for permission to
| receive and pay certain moneys in Kansas
Striking coal miners continue to cause
! trouble in the Mansfield Valley. Many
| men have joined their ranks through fear.
| Trade says:
| bonds anu the carly report, Of large bids
| for them. helped to accelerate the recov-
! cry OF Industries and trade was hoped.
The sale Of the amount offered will check
| xiety about the maintenance OF note re-
! demption. remove the only pretext for
| further issues OF paper and thus give
solid basis for greater confidence regard
ing the financial future. he revenue is
! still sn ALL from customs reported thus fur
| $40. sos. sol. against s19, $685. 35 last year.
! and from internal taxes S9.4s1.e79. against
! $11. 06e. 49S. and the volume OF domestic
trade is still small. The increase In num-
! Der Of hands employed adds to the pur-
| chasing power OF the people. and dealers
| stocks are 70 reduced trat any sign OF
| larger consumption quickly gives mills
| more orders In short. the conditions are
| such that IL not interrupted by adverse
forces they would naturally bring steady
| revival Of business