The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-03-16
INDUSTRIAL TOPICS.

There are no new developments in the
coal war.
The pudding department Of the plant
of the Republic Iron works. at Pitts
burg, Pa, has resumed operations, after
an idleness Of IS months.
The American Steel Casting company
of Thurlow, Pa. has decided to start up
the plant at Sharon. Pa, which has
been idle more than year.
The New York. New Haven and
Hartford will spend several Thousand
dollars this year in the abolishing of
grade crossings on Its lines.
The Pittsburg Reduction company is
building an addition to its plant at New
Kensington, Pa, consisting of new
iron building and a new train of rolls.
The bolt and nut department of the
Pennsylvania Bolt and Nut works, at
Lebanon, Pa, Is now running "a hours
day. Some 400 additional men have
been given employment.
The American Iron works, of New
Castle, Pa, are putting in two sets of
| cold rolls and two additional hot mills.
while new foundations are being put
under the main building.
Greenville Pa, Is considering the
project of securing a steel mill. 1t is
to pay u bonus of 100000 worth of
site, besides taking 100000 worth Of
first mortgage bonds. The mill is 70
cost $l,50O,OOO and give employment to
1000 men.
1t is said that the Wilkes Barre and
Eastern. leased by the New York, Sus-
quehanna and Western, is soon to dou-
a.. al vata al
Place, u mile west of Stroudsburg.
This Is made necessary by the large
amount of coal now being shipped over
the road, and which will necessarily
be increased as soon as the Algonquin
Coal company assumes control of the
Laurel Run colliery at Parsons which
will be on April l.
Contracts have been let for the build
ings and machinery for the extensive
addition to be made to the New Castle
CPa.) Steel and Tinplate Mill There
will be two buildings, one 800 by 40
feet and the other 500 by l05 feet There
will be ten additional mills for rolling
black plates making 16 mills in all, the
largest concern of the kind In the world.
When running full the works will en-
ploy 1000 to 100 hands.
Philadelphia, March l5.-The stock
holders of the Northeastern Pennsyl-
vania Railway and the Western New
York Railway companies met here this
afternoon and consolidated the two
companies under the name of the West
ern New York and Pennsylvania Rail-
way company. This formality was
necessary to complete the re-organiza-
ton of the Western New York and
Pennsylvania company, the property Of
which was recently sold under fore
closure proceedings.
The Bulletin of the American Iron
and Steel association prints this signifi-
cant paragraph: "A large buying
movement in Bessemer pig iron has
taken place at Pittsburg and in the
Shenango and Mahoning valleys dur
ing the last ten days of February. Full
ly 100, 900 tons have been sold, principal
ly for forward delivery, the price rang
ing at about $40 at Pittsburg. These
transactions are generally Interpreted
as indicating that bottom prices for pig
iron have at last been reached, and
that a substantial advance may now be
looked for"
The recent pleasant weather has had
remarkably good effect upon the iron
trade, particularly among foundries,
stove works and other large consumers
of pig metal. In the blast furnaces in
dustry several stacks have blown in,
while a number of others, some of
which have been idle long time, are
preparing to resume operations. An
Improvement is also apparent in the
rolling mill industry, many mills hav-
ing increased their working force large
ly. a number, too, are now working
night and day which only few months
ago were running on short time. Busi-
ness is unquestionably getting better
and confidence in the future Is growing
stronger day by day
The views of William Joyce, general
freight agent of the Pennsylvania rail-
road, on the coal situation are perti-
nent. In answer to an inquiry as to the
attitude of the Pennsylvania company
he stated that the Pennsylvania is now,
as 1t always has been, in favor of work.
ing in harmony with all interests
Speaking Of the delay in reaching some
conclusions as to a basis for 1895 oper-
ations, he said: TT must be borne in
mind that the task of collecting the
data has been gigantic. The industry
is enormous and never before has such
a complete line Of statistics been com
piled. If nothing else comes from it,
1t will in itself be invaluable to the coal
trade The adjournment of the COM
mittee places the matter in the hands
of the presidents, where Is properly be-
longs. l look for settlement of coal
trade difficulties before long-just how
long / cannot say, but certainly some
time this year"