The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1895-04-05
INDUSTRIAL TOPICS.

| e. NJ Humstone, of Hartford, IS the new
assistant superintendent of the Philadel-
phia, Reading and New England road in
Hartford.
Readings coal tonnage last year was
.925 tons, an increase of 143,469 tons
| The total for the year was 4,1I5,2ll tons,
an increase Of 3,6l4 tons.
The Lehigh Valley has put work train
on the Bowman's Creek branch with head
quarters at Anderson. This force of men
was suspended last fail for the winter
months, but is now re-employod for the
regular spring and summer repairs.
Chicago, April S-The Chicago Subway
| Arcade and Traction company was incor-
porated at Springfield yesterday with a
capital of Si5,0OO,cO0 The object stated in
| the charter Is 10 construct subways In
| Chicago and operate IL line OF cars with
| dummy engines.
The report that the Lehigh Valley Rail-
road company has tloated a s3,OO),OOO gold
, loan in London is confirmed at the general
| Office of the company. The officials how
| ever, explain that the transaction simply
represents the clearing up of the COM
| pany's floating debt in this country and
its transfer abroad, where much more ad-
vantageous terms have been secured.
Allentown, Pa, April 3.-The Carbon I'M
provement company is putting up wash
ers at Weissport for the separation of ccal
from the immense banks of culm that
have been washed down the Lehigh river.
The coal will all be of pea size, worth
50 cents ton, one-half the price of this
quality at the mines. There are fully 1O0,-
900 tons of culm at the place The projec-
tors among whom are a number of Phila-
deIph!ans, expect to make thousands out
of II.
New York, April 3.-The Times today
says: Notwithstanding all reports to
the contrary, there is every reason TO be-
lieye that u settlement of the difficulties
of the anthracite coal trade will be effected
satisfactorily to every company con-
cerned There was report in Wall street
yesterday that a hitch had developed IN
the efforts TO bring about n settlement.
This occurred at the meeting of the pres-
dents last week. Two of the companies
refused to adopt their allotments, but it
IS now believed that such concessions will
be made as to make the agreement salts
factory to all concerned.
Hamilton Dlsston, the head of the great
saw making firm, is reported as making
the following encouraging announcement
as to business. 81 believe the improve
Our business in March shows an increase
of about ) per cent. over the same month
last year, and 1t is on this fact that / base
my opinion. / do not look for boom in
any direction, but rather gradual and
general improvement. The fact must not
be overlooked, however. that all present
ccmpar!sons are being made with the dull
es: slE months in the recent history of this
country"
The Laurel Run Coal company has taken
a perpetual lease of the Laurel Run col
iery near Parsons and work will be re-
sumed in q few days. The mine has been
leased from the Delaware and Hudson
with enough coal to last half a centfiry.
The coal will be shipped over the Wilkes
Barre and Eastern railroad. The Laurel
Run Coal company has a capital of $iOO. 600.
The president is DIR. l.. II. Taylor and w.
=. Ryman is secretary and treasurer. The
directors are DR.. l.. II. Taylor, j. W. Hol-
lenback. w. p. Ryman and Fred C. Stur
ges. William Morgan will remain fire
boss; Thomas Richardson and Herbert
Doan, pump runners; firemen, Thomas
Padden. William Morgan, jr., Ed Edwards
and Rudolph Fisher; teamster, John Price
and assistant, Joseph Elston. The last
train of Delaware and Hudson coal was
hauled out on Monday morning.