The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-07-04
INDUSTRIAL TOPICS.

The directors of the Central Railroad
of New Jersey have declared quar-
terly dividend Of ~ per cent.
Reports from all points on the Lehigh
Valley show a very heavy movement OF
freight during the month of June.
The Portage Iron works. at Duncans-
vile. employing about 500 men. has an
nounced an increase in the wages of
their men. The puddlers' wages are
rais ed % cents ton.
The Pennsylvania company has
awarded a contract for 500 cars-25o
to Peninsular Car company, of Detriot.
Mich. and $50 to Pennsylvania rail-
road shops al Altoona.
A Pittsburg syndicate Is securing
leases of 10, 900 acres of coal lands near
Verona. Pa. and it Is believed that the
territory is to be opened by the pro-
jected Pittsburg and Eastern.
The ruddlers Of the Po:tstown Iron
company have been notified Of an ad
vance Of Is per cent in wages begin
ming July Is. The nailers will receive
an advance of 10 per cent. In all about
300 men will be benefited.
Shipments of coal over the Hunting
don and Broad Top Mountain railroad
for week ended June 80 amounted to
$4,000 tons. an increase compared with
the same week last year of 32,256 tons.
Shipments for the year to date aggre-
gate 1,043,5G tons, an increase COM
pared with the same period last year
of S47,676 tons.
Hazleton. Pa, July 2.-Some unex-
t,I oh xx,t1l oh ,.t1 no ID IN
mining circles. Ex-Superintendent
Kynor. Of Pottsville, will again take
charge Of Linderman and Skeers collier
les. and this plainly indicates who will
be next mine inspector. The estate upon
which the Evans colliery at Beaver
Meadow, Is operated will pass from
the lessees to the owner of the estate.
This predicts bright future for that
colliery.
OF the 1924 railway corporations In
the United States. less than one-half,
or about 800 OF them. are Independent
operating companies. Under 1000 Of
these maintain separate financial ac-
counts while about $40 are operated Of
4 contingent money rental The move
ment Of consolidation has been greater
during the past two years than ever
before. Something like 1000 miles were
merged, while about thirty roads were
reorganized during the past twelve
months.
Hazleton, July "A very valuable
discovery has just been made on the
Jeddo tract Of the Markle Bros. & Co.
estate. For some time they have been
,atn in, N OF 10
in which the presence of coal has here
tofore been unknown. 1t Is announced
that the discoveries resulting have been
more than satisfactory. Three veins were
pierced by the drill one OF which is
forty feet in thickness. The other two
veins Overlie and underlie the big vein.
In addition to re-opening the Ebervale
and Harleigh mines which the Jeddo
tunnel makes possible the prospects for
steady work in that valley are very
bright.
There are rumors afloat concerning
negotiations between the Butler Mine
company and the Pennsylvania Coal
company for the transfer of the School,
ley colliery. says the Pittston Gazette.
The facts in the matter are that the
colliery has been offered to the Pennsyl-
vania company and that the officials
Of the latter have been looking over the
property. As yet. however. no decision
to purchase has been made.
The big Pennsylvania railroad shops
at Wall. a town fourteen miles east Of
Plttsburg, are working full time.
large number Of box cars, coaches.
cabin cars and gondolas are being
repaired and rebuilt, giving employ
ment to a great many men. The i'm
mense transfer house Is q busy place
at present. and freight Of every i'm
aginable description Is being handled.
The statement Of coal shipped over
the Reading railroad for the week
ended June 20 aggregated 299. 1895 tons. a
decrease, as compared with the same
week last year, of 73.519 tons. This
makes the decrease for the month of
June about 171,60O tons. but the falling
Off has no Significance beyond the fact
that the general movement OF anthra-
cite coal In June 1894, was the largest
on record. For the fiscal year to
date the total tonnage Of the company
amounted to 1885,. .s03, an incrcase Of
6O7.477 tons over the corresponding pc
riod las. year.