The Maryville times. (Maryville, Tenn.) 1884-1944, 1896-11-21
M'KINLEY STARTS
A5 til HILLS.
Business Booms Immedi-
diately After His
Election.
FACTORIES OPEN UP.
Tremendous Increase of Val
ues as a Result Of the Tri-
umph of Republican
Candidates and
Principles.

JuSU as sUOu dr. cltCOIOH VI nlOIAluitg
and Hobart became an assured fact the
mills and factories began to feel the effect
of the sound money and protection tri-
umph The splendid effects of the verdict of
the nation were visible on all Sides and all
the signs pointed to resumption of bust
ness and a new era Of prosperity.
Aside from the strong and steady adj
vances all along the line in Wall street,
reports indicated similar renewal of CON
fidence in all parts of the country.
In Pittsburg, one of the great industrial
centers, the effect was electrical With the
news of McKinley's election, the announce
ment was made by many manufacturers
that operations In idle mills would re-
sumo At Jones & Laughlin's the new
continuous mill was put on. The steel
mill went on in full Two hundred more
men were given employment in the hoop
department of Painter & Sons mill. At
Zug & Co.'S plant 90 additional pudding
furnaces were put on. divers South
Tenth street mill also started up Many
other factories here lighted SO furnaces
The 600 shop employees of the Pennsyl-
vania railroad went on full time, with an
increase In wages of 10 per cent
At Tonawanda N. Y, 1t was announc.
cd that the iron foundres would be opened
as soon as arrangements were completed.
Tho honor of starting the foundries de-
volved upon Major Mckinley, who started
the fires by pressing an electric button.
| In Bridgeport, Conn. the election of No
Kinley produced splendid results for the
workingmen. On the day following tho
election Hincks & Johnson, carriage man
ufacturers, took in nearly 200 additional
hands. The Bridgeport Brass company
was notified by large dealer to double his
standing order for November and Deem
ber Holmes g. Edwards, fine cutlery and
silver goods, received this: Contract with
you stands, Would like to double orders
for next three months.
| Eaton, Cole & Burnham, steam valves,
put on 800 men.
The Bridgeport Malleable Iron works
have announced that they will increase
their force by 800 mon.
Warmers corset factory will be run full
time after the 18th, and nearly 1000 girls
will be employed.
The Sloss Iron and Steel company. Of
Birmingham, Ala, one of the largest iron
producing concerns in the south, at once
telegraphed Mr.. Richard H. Edmonds,
editor of The Manufacturers Record, us
follows:
Customers and producers of iron al
ready feel good effects of the election re-
suits. Consumers are anxious to buy at
former prices. Producers quote 80 cents
advance for prompt delivery and rs cents
for 1897 delivery. 1t is safe to say pros
perity is restored and likely to continue
for u long period.
Indications OF business and industrial
revival Immediately following Mckinley &
election were plentiful in Ohio after the
result of Tuesdays vote The Pioneer
Drill works Of Harrison, O., owned by
James Campbell & Son, will resume oper-
ations at full capacity in few days Had
Bryan been elected the works would have
remained closed.
The William Powell Brass company Of
Cincinnati announced to its employees
they would work full time from the cleo
ton on. For five months the employees
worked on short time. "The reason fol
this revival in business Is the election Of
Mckinley" said Superintendent Porteous
"The works employ 375 men and has large
orders conditional on McKinley's cleo
ton"
James Griffiths g. Sons big planning
mill in Cincinnati will resume at ono,
after being closed down several months.
In Wall street the influence Of the cleo
ton was felt almost Immediately. Ever,
stock on the list was affected by the res
toration of confidence and the belief tina
the country was about to enter upon |
season of unexampled prosperity. TIT
values of securities were increased tire
mendously, and partial estimate of 81
stocks shows an advance in value Of S25,
100000. But this Is, Of course, merely al
indication of the general advance In all TIL
stocks. There are about $40 stocks quot
ed at the New York Stock Exchange Will
of bonds the list runs up to nearly 1000
On the basis of the average increase o
quotation it is safe to say that the inyeste
capital of the country, so far as 1t is repre-
scented on the New York Stock Exchang
list, is between $780, 900, 900 and $500, 900,
900 mare valuable in market point G
view than it was before tho election Of Nc
Kinley.
Many million dollars of capital has a.
ready been released in Chicago and tn
state by the victory of Mckinley and SCUM
money. In Chicago nearly $1S, 900, 90
now held in the banks will come out !
the shape of loans. In the real estat
market about 10000, 900 will be release
as soon as possible, of which laboring me
will get at least 20 per cent, the remain
der going to builders, architects and Others
Railroads have already begun to orde
new cars and continue work on extension.
Illinois factories will In short time en-
ploy $4,000 more men than now.
Several large manufacturing concern
9 in Connecticut viii resume operations q
once or will increase the Lumber of worl
ing hours on account Of the elections
Among them Is the Glastonbury Knittin
company, which has factory in Madiso
and one in Manchester Green. These ia,
tories have BEEN closed because Of I'll
q financial uncertainty. Notice has bee
given that they would resume at ono
business confidence among their customer
having been restored.
Notices have been posted In the lars
. factory of the Stanley Rule and Level con
pany in New Britain that hereafter fl
I shops will be run six days week insteu
of four, which has been the schedule fl
J, the past two months. Superintendent