The herald., 1896-11-06
CRAMPED BUSINESS MEN
Will Now Find the Banks Willing 10
Loan
Timid Manufacturers Announce an In
tention to Go to Work-Santa Fe
Railway in Trouble.

Associated Press Special Wire
CINCINNATI, Ohio, Nov. Especial
dispatches indicate revival in business
throughout the Ohio valley; as well as
here. The Big Four, Chesapeake &
Ohio and Baltimore & Ohio railroads,
all ordered their shops opened today and
enlarged forces at those already rum
ming. The Ensign car works at Hunt
ington, w. Va, resumed. The car works
at Mt Vernon, ILL.,, got an order for 800
cars from the Louisville & Nashville
road and resumed work. The Niles
Tool works and other shops at Hamil-
ton announce increased forces. Fur
naces at Ironton, Ashland. and other
river towns announce that they will go
in blast soon, but no dates are given
The Griffin Wood works and the Powell
Brass works, both large concerns en-
ploying many men, announced today
that they would resume at once. Others
report that they had conditional orders
on which they will enlarge their forces
Immediately.
The Pittsburg Packet company closed
contract here today for building a
new $4,000 river steamer. The plans
months ago. The closing of it was con-
ditional upon the result of the election.
The big cooper shops at Raridon o.,
have resumed work to their full capa-
city.
One and probably two of the idle mills
of the Dayton Pipe company, this coun-
ty, will start in full as soon as repairs
now in progress are completed
The Burns Iron works at Portsmouth.
which have been on a short force, an
nounce that it will employ full force
Immediately.
BANKERS BUSINESS.
KANSAS CITY, Mo-, Nov. 5.-Local
bankers in separate interviews today
united in saying the result of the cleo
tion has been to make the Kansas City
money market easy. and that business
men who have been cramped, due to the
banks contracting their loans, need
have no more trouble in that respect.
Local bankers had universally withheld
their gold up to the conclusion of the
election Today they began paying the
yellow metal out to all their customers
who desired it. An inventory taken a
few weeks ago showed that most banks
here had from $150,0OO to $25O,OOO in
gold, and one or two had more.
ON FULL TIME.
IPSWICH, Mass. Nov. 5-The WOOL
en- and cotton mills of the Ipswich cor
poration, which have been shut down
for some time, will start on full time
early next week. Employment will be
given to about 1000 hands.
RAILROAD BUILDING.
DENVER. Col. Nov. 5-The laying
of rails of the Golden Circle railroad, in
the Cripple Creek mining district, was
begun today. Syl T. Smith, president
of the Florence and Cripple Greek road
is in Chicago and it is reported that he
has fioated bonds there for the con-
struction not only of the Golden Circle,
but also of the Florence Southern rail-
road, which Is to run from Florence to
the Silver Cliff district.
SECURITIES SOLD.
KANSAS CITY, Mo-, Nov. 5-"We will
put 1900 more men on the construction
of the Kansas City, Pittsburg and Gulf
railway at once" said President A. Z.
Stillwell of that road today I'VE be-
gan laying track south of Mena, Ark,
yesterday at the rate of three-fourths of
a mile a day. We received cablegrams
from Europe buying our securities this
morning"
NOT so CHEERFUL.
Topeka, Kas., Nov. 5.--Western
railroad circles have a sensation in a
second receivership for the Santa Fe
The road and equipment in Kansas was
this afternoon placed in the control of
Commissioner Charles F. Johncon of
Oskaloosa, Kansas.
Judge Louis H. Meyers of the First dis
trict, this afternoon at Oskaloosa. made
the appointment and ordered him TO