The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-06-02
CHIPS FOR CAPITALISTS.

The shipment of frozen salmon from
British Columbia is found TO be a COM
mercial success.
Fifteen, coal, companies in Iowa have
organized TO keep up prices and reduce
the costs of production.
a charcoal iron furnace which is said
to be the largest in the world is now be-
ing built at Gladstone, Mich.
Within four years New York has spent
SS,O0O,OoO for asphalt pavements at prices
ss.i4. OA- $50 ~
South Africa produced f6,96O,114 of gold
last year, an increase of nearly Z, 900 600
over 1898, and of over e, 500, 900 over 1892.
Negotiations are reported in progress
Tor the organization Of IAN excelsior
trust, comprising thirty manufacturers,
operating chiefly in Wisconsin, Iowa, IL
linois. Indiana, Ohio and Michigan. -
It is reported in Ellwood, Ind, that the
Pittsburg plate glass syndicate has closed
deal securing the Depauw Plate Glass
works at Alexandria and New Albany.
and that they will soon be transferred to
the trust.
In its Industrial items Bradstreet's re-
ports that Louisville dispatch says that
a firm in that city has succeeded in
forming trust of all the cotton mills
IN Alabama producing Osnaburgs, a
staple in the dry goods trade Gnuch re-
sembling duck.
1t is said that "'the recent settlement
of the wage question by the Southern
railway has caused so much disSatisfac-
tIon that there is possibility of an ex-
lended strike on the part of the Ameri-
can union, which in the Tennessee dis
trict has had large increase in member
ship.
France pays $5,200,0O a year in mail
subsidies for voyages amounting to l25-
GOO sea leagues; England pays S., 10000 for
l,55e.O00 leagues; the United States So l00-
cog for $4,000 leagues; Spain, 81, $50, 600 for
S6l zoo leagues; Italy. 81 500; goo for $40, 600
leagues, and Austria Sl15O,OOO for 10000
leagues.
"A telegram from Ishpeming, Mich,
Few f days ago says that assays of care
fully selected samples of iron ore from
the S,GOO-ton stock pile of Dexter mine
gave almost 81 per ton in gold. Traces
OF gold are found in many iron ores of
this district, but this assay, which is re-
liable shows that the value of gold is
greater than the value of iron ore per
ton. Experiments will be made in stamp
ing ore for gold contained and utilizing
tailings for the metallic iron and
manganese.
A machinist who dropped into our or
flee the other day and was asked how he
was getting along with the new machine
he has invented and is trying to develop,
says the American Machinfst, replied that
he was troubled with a drunken capitalist
apd was making no Roadway whatever.
He explained that a wealthy man, who
had agreed to put up the money for an
experimental plant, had been on a pro-
longed spree which seemed likely to be
continued indefinitely, and things were in
such shape that nothing could be done.
1t is evident that there should be gen.
eral agreement amongst mechanics not to
employ drunken capitalists.
The gold mine said to have the largest
output of any in the world4is the Little
Johnny" of Leadville, Colo, owned by
John f. Campion. He went to Leadville !
and took up the Little Johnny after
four other miners had abandoned it be-
cause they could not find a trace of car
Donates. When he was poor prospector !
two years ago. h. became acquainted |
with q school teacher, Miss Nellie May |
Daily. He could not marry because he |
was too poor, but with an income of $780, |
BOO a year, which he now has, that OBJ. |
stacle has been removed and they were |
married in Denver few days ago. He I
has ordered the construction of a resi-
1ence there to cost S100. 000.-The Ameri- /
can.
There are said to be forty-two gram
ORG Of fha 1or