The Kootenai herald. [volume] (Kootenai, Idaho) 1891-1904, 1899-03-25
LABOR NOTES.

ways and Electric Light company, which
Will Control all the street railways and
electrie lighting plants OF Baltimore, has
been made public by Alexander Brown &
Sons, tthe fiscal agent OF the syndicate
whicH has acquired controlling inter
est I'M these properties There will be a
total capitalization of $76,000,000 in
stock and bonds. OF this amount $685.
oOo,oOo viii be per cent 50-year gold
bonds, Si4,O0O,O00 preferred cumulative q
per cert stock, and 1924, 100000 common
stock.
The continuation of the cast iron pipe
and foundry interests into one concern
seems to be an accomplished fact. The
prospectus of the United States Cast Iron
Pipe and Foundry company has been is
sued. The company will be authorized to
$l5,000,000 per cent non-cumulative
preferred stock and Sl5,000,000 common
stock OF this, 100000 of preferred
stock and $3,000,000 common stock are
to be retained in the treasury for the
purchase of additional companies and
plants. The present annual output of
cast iron pipe is stated to be 100000 tons
per annuun, of which the new company
win be able, it is said, to supply 100000
tons.
Articles of incorporation have been filed
with the secretary of state of New Jersey
of the Kentucky Distilleries and Ware
house company, with an authorized capt.
tai stock of $32 100000, divided into $l2,-
100000 preferred stock, with per cent
cumulative dividends and S20000,000
common stock. This company is what is
known as the Bourbon Whisky Trust
Fifty companies making Kentucky
whisky, have mus far entered into the
agreement.
| a permanent organization of the Vir-
ginia a and Southwestern Railway com
pany and Virginia Iron, Coal and Coke
company has been effected. George i.
Carter, of Pulaski, Va, was elected presi-
dent of both companies. These com
panies represent syndicate of Virginia,
Tennessee and New York capitalists,
which has determined on important de
velopments in southwest Virginia. This
syndicate has purchased the South At
lantic and Ohio railroad, the Bristol,
Elizabethtown and North Carolina rail
road, II iron furnaces in southwest Vir-
ginia, from Bristol to Roanoke, inclusive,
and 2l5,000 acres of coal and iron lands
in Virginia and Tennessee. The purpose
is to develop these properties as early as
practicable.
A meeting of broom corn holders and
dealers representing the Illinois growing
districts and the stock in store in Chi
cago, was held in that city recently. Re
ports We're received, showing the entire
visible supply of broom corn, and after
a long discussion, it was decided, owing
to the shortage, that an immediate adj
vance of $50 per ton be made. 1t APP
peared from the talk that the shortage
had not been so great in so years. or the
crop confined to so few hands, or such
small quantity in the possession of pro-
ducers. 1t was stated that there is
shortage in all the leading markets of the
country, and that many broom manun-
facturers have but mcagre supply on
hand. 1t is quite likely, in view of this
action, that there will be further ad-
vance in the price of broOms.
Articles of Incorporation have been filed
by the American Radiator company at
Trenton, N. j., with an authorized capital
OF $l0,000000, onehalf of which is pre-
fered stock with per cent cumulative
interest The company is empowered to
manufacture and deal in radiators boilers
and other heating apparatus. This cor
poration is formed for the purpose of sue
ceeding to the business of the Illinois
company of the same name.
Employment TO procure the passage Of
ordinances for paving streets and alleys
; at a compensation which Is in part con-
tingent upon success in obtaining the
necessary ordinances and securing the
contracts is held, in Crichfeld VS.. Ber-
mudez Asphalt Paving Company (nl.) ,
AZ l.. X. A, BAT, to be void on ground of
= public policy because tending to bribery
and corruption.
Ex-Congressman f. G. Niedringhaus, of
st. Louis, has been elected president of
the newly organized National Enamelling
and Stamping company. The new com
;. pany has capital stock of $4,000, 900,
and will control the manufacture of gran
Q lite ironware in the United States. Presi-
q dent Niedringhaus announces that the ca
pacity of the works at Granite City will
be doubled. He will 60 TO New York to
L. manage the new company.
: The North Carolina legislature has
I passed bill which practically disfran-
a chises the poor whites and blacks alike,
o handicappng them with property, educa-
e tionai and poll tax qualifications. The