The Democratic advocate. [volume] (Westminster, Md.) 1865-1972, 1897-07-24
MoKinley's Prosperity ~ Increasing.

| Mckinley s Prosperity z increasing.
The Philadelphia (Pa.) Record of
Monday says;-Too much sugar on hand
was given as the reason for the discharge
on Saturday night of 800 employees of Har-
rison's Sugar Refinery. The men were
suspended for an indefinite period, and the
order was received from New York. To
outsiders. members of the firm were re-
luctant to talk Of the matter, but the EN-
ployes were told that there was more sugar
in stock than would be required for months
to come. The streets about the refinery
bear evidence to the large stock on hand.
There are 1000 barrels of molaSses piled
along Almond street, and 5000 more are
on the wharves awaiting shipment. More
than Is. 900 barrels Of sugar are piled
along the contiguous streets, and 100, 900
more are stored in the main building and
the annexes. 1t is estimated that 100,
900 barrels of sugar are stored III Nc
Cahan refinery, and 200, 900 more IN
Spreckels'. When first discharged the
men supposed they could get work at
Spreckels' refinery, but they were told
that there was no work for them to do.
Malachi NJ. Mills, oyster packer, Balti-
more, Md, is insolvent. Alexander
Phillipson dry goods merchant, same city,
has failed.
CHARLOTTE. \. c., July 10.-Seml-
annual dividends just declared by many OF
L, tn
) and even I per cent. While this is con-
sidered satisfactory in view Of the depressed
condition of the cotton trade, 1t shows
considerable reduction from dividends form
erlv declared which were seldom less than
10 per cent for the year, and in many
cases were Us high as 90 or even % per
cent. Half the mills in this State and
South Carolina will be closed down entirely
next month principally because of the ex-
hauStion of the cotton supply in the two
Caroliuas
r. Rothschild Sons Co.. dealers in bar
fixtures and furniture, New York city,
have assigned. Liabilities $50. 600, as
sets 800, 900.
Theodore II. Schntz real estate dealer
Chicago. has assigned.
W. \. Henry, dealer in general mer-
chandise at Fast New Market Md has
been declared an inSolvent.
The bit drawers at the plant Of the
Kelly Axe Manufacturing Company. Al
axandria Indiana struck on the 10TH
and 500 men became idle The strikers
claim that they are not paid for axes called
seconds The factory will he closed
indefinitely
The Mason 4 Mason Company, of Chi
cayo manufacturers Of bicycles have made
an assignment. The liabilities are placed
at 500 600 and the assets ut SIS. 600
\ receiver has been appointed in Brook
lyn. \. y, for the John food Cordage
Company.
August Ileur Il Son, dealers III cabinet
hardware, Chicago, made an assignment;
assets. SO, 900; liabilities, 500. 600.
Poor collections and general business de
preston are said to have caused the failure
About 5000 men employed in the Elk
horn and other coal mines in the lower
field on the Norfolk and Western Rail
road in West Virginia. struck on Sutur-
day i'll support of the strike in PenmSylva
MA and Ohio
The Joint conference Of the Glass Bottle
Manufacturers and the representatives Of
the Glass Bottle Blowers Association of
the United States and Canada, after Il
three days session at Atlantic City, New
Jersey. decided to make IL change in the
wage scale because of the present business
depression. Three years ago, when the
Wilson bill went into effect, ) per cent.
reduction was made in the wage scale
which has never been restored.
The edgcmakers at two of the Brockton,
Massachusetts. shoe factories struck on
Saturday against reduction in wages
The C. Minturn Worden Cycle Com
pany Of New York city has assigned.
The lebanon. Pa, Rolling Mill prop
erty was sold at sheriff sale. Saturday.
for S3S 600.