The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1894-12-26

The hermitage cotton mills of Reds
Vile, ". g, will be sold at auction in that
town Jan. 16
The Chester Is. c. cotton mills, having
been reorganized, will begin the manu-
facture OF giaghlms.
A. II. Lowe of Fltchburg. Mass. is look
ing over some property near Charlotte,
N. c.. for the purpose of establishing a
weave-nill to operate on colored goods.
Mr.. Lowe represents the Park Hill manu-
featuring company of Fitchburg and says
the mill it is proposed to establish will
operate about 1000 looms.
On account of the low wages paid. the
operatives Of the Dunavaat cotton mills
Of Morganton, ~ c., went on a strike last
week. There seems to be considerable dis
satisfaction manifested in several quarters
among the mill operatives on account of
wages ald the insufficient accommodations,
in the matter of dwellings, afforded them
by the mill-owners.
A Manufacturers club has recently been
established at Charlotte, n. c., which has
already become an important medium in
facilitating business between northern and
southern manufacturers and northern buy
ers of the output of southern mills. Char
lotte is not only a cottOn-min center, but
Is railroad center as we'll and the flcili-
ties afforded by this club are becoming a
matter of much satisfaction 10 northern
millmen and the buyers for northern
houses Of southern mill products. The
election of a gentleman who was lately q
New Englander, as president of the club
Is regarded as an evidence or good faith
on the part Of The club rs to the purposes
for which it was organized.
The Iron Age points out that the Beth
lehem company has been awarded an offer
for side arfnor for two new battle ships,
amounting to about twelve hundred tons,
by the Russian government.
The Iron Age sis advised" that eastern
domestic rails can be laid down on the
Pacific coast "a shade under the foreign
price, in spite of more favorable ocean
freights, the rate on American being Sc
per ton
The Iron Trade Review says that those
who have had a chance to test trade cOndi-
tons among machine shops and f0undrles
find that recovery has been more rapid in
the West, particularly in the central west
than in the east"
Steel billets are now down to SIS at
Pittsburg, the lowest price on record.
Production OF pig iron throughout the
country is at the rate of about nine million
tons year, nearly at the highest point
The Chattanooga Tradesman says: The
week has been a quiet one in general bust
ness. Iron manufacturing is improving.
With sales ahead. OF considerable amounts,
the southern furnaces intend 70 advance
prices. and will continue to Increase their
outputs. Lumber manufacturers report
that business is slowly and steadily i'm
proving and thai stocks are very light.
Coal production continues to be large, with
no change in prices. The textile mills are
all busy"
A Cheyenne, Wyo., dispatch says: "All
the Rock Springs coal mines have been
gA,1rr
representing a capital Of $12,000O 600. The
Union Pacific railway, however, retains its
coal lands. These mines have been pro-
ducing from 5000 TO 1000 tons monthly.
IL IS believed that the syndicate is the one
which controls the Illinois, Indian and
Ohio mines, and has recently made invest
ments in Kansas ard Nebraska"
esumptiOns-Warren, Ne, shoeshop;
Rowley. Mass, shoesnop; Somerset, Mass.
stove works; Johnson City, Tenn, furn ace;
McKeespOrt Pa. rolling mill: Ear, Hart
ford, Conn, paper mill; H.gham, Mass.
cordsga factory; Martins Ferry. O.. glass
factory; Braddock, Pa, wire works; South
Berwick. Me. woolen mill.
hutdown-HammOnd, Ind. cleo factory.
Wages advanced: South Hadley. Mass,
paper factory, 10 per cent; Phillipsburg,
n. J., f3ucdrymen, 10 per- cent.
The auction sale of the products Of ten
cotton mills. amounting 10 27.000 cases of
prints and ginghams. by Bliss Fabyan &
Co. a. New York this week was the
largest sale If the kind ever held at that
city. The attendance was large, buyers
representing important firms in various
cities. Ths trade was st3gna,ed until The
auction had cleared up the situation. The
result is Satisfactory. as prices at auction
sales are somewhat below the regular mar
ke;. Bidding was spirited. The sum
realized will be from s20OOoOO to 81
100000.
sales Of wool at Boston since Jan. 1.
1894. amount - 139. $50, 7S5 pounds
against 122,065e00 pounds a year ago."
says the Cotton and Wool Reporter.
The National Live Stock Excalnge has
started an agitation in Washington 10 Sc
cure action 10 relieve the German ON
barge On American meat products. Il is
claimed our canned goods export trade is
impcriied and that Eur5pe's supplies in
that line are likely . be Obtained in Aus
tralla IF remedial action is long delayed -
1t Is reported That the window glass
works at Bradford. Pa, will start up early
in January vita eighty hands Bradford
parties have subscribed $500 in stock and
Chicago capitalists have taken a similar
amount. Employees take $4,000 worth If
shares and the reorganlzed Bradford win
dow glass company is again ready for bust
ness.
The Ketcham iron company at Little
Rock. Ark. a re running with 4 full comp e
msnt OF men and report business steadily
on tAe increase.
Theodore Hertz & Son of st. Louis
have bsen running day and night on special
orders for their line of babbitt metal The
years business, generally speaking, tn "
consider of very fair proportions
Last Monday the stockholders Of the Val
ley steel company held a special meeting
at their offices in The American Central
building to consider the proposed removal
OF their plant now at Ballevllle. ILL.,, u
Alexandra, IND. The proceedings have not
been given publicity as yet. but 20 a rep
resentative Of the Age Of Steel. who called
upon him, Col. r. a. Myssnbsrg of the
company stated that the directors had been
authorized 10 negotiate for the removal.
adding at the same time that satisfactory
financial arrangements and other conSid-
erations would have to be satisfactorily
disposed of before the actual removal would
be determined upon. Further than this Col.
Myssnberg said there was nothing 10 be
stated az the present time.-St. Louis Age
OF Steel.
The furnace of the Coplay iron company.
al COplsy, Pa. may resume b.ast al an
early date The rolling mill connected with
the Collinsville CC0an.) AK works has been
put in operation double turn. The twenty
seven pudding furnaces at the Girard (O)
plant Of the Union iron and steel company
were started Dec. 3. The Fairhaven iron
foundry company OF Fairhavel. Mass. has
added second Whiting cupoll to its foun-
dry Ths Manchester spike works of Rich
mond, Va. which have been closed for a
year, have resumed opaTations.-American
Manufacturer.
CALAMITY-EOWBER sILENCED.