New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-05-30
FRESH TRADE DEVELOPMENTS.

The Richmond Spinning Company. to build the
pioneer cotton yarn mill of the South. was organ
tied In Chattanooga. Tenn. last week The presi-
dent OF the corporation is F.. G. Richmond.
ves and ID; Me and s r.:
yarn made there will be suited to the production
II fine hosiery The mill will have 1000 spindles
that this action Wilt lead to the establishment Of
kindred factories in Chattanooga in The near
future. The company has capital OF $4,000
THE American Manufacturer" OF Pittsburs. Q
trade weekly Of high standing, ventures the opn-
ion that the price OF pig iron may go to so ton
before II falls again. THE Engineering and Mn
ing Journal remarks that while the Increase in
the worlds output Of pig iron rose only ~ per
cent from 1894 to $685. the amount Of steel Increased
only half as much steel was made as pig iron
Now there is at least two-thirds as much.
The recent revelations about the use OF salicyiic
acid for the preservation Of food lead The Ner-
chants Review" weekly devoted to the grocery
trade, to think that other means OF preserving
fruits and vegetables will now have temporary
boom The coid;storage system is old and so Is
to deveop as su never before Dried peaches and
apricots are common enough but as yet evap-
Grated vegetables are not well known.
The cotton mills are busy filling orders
that they are not able to promise deliveries on new
ones before October Some calls for expectation
are neglected in consequence IL is said The grow
ing business done in Australia in American cotons
is believed TO be largely due TO the care with which
the manufacturer has consulted the taste and
preferences OF his customers
One Of the processes OF "mercerizing' cotton
goods-imparting a sk-nke lustre to the goods
has been regarded open TO all who wished TO use
It. But It is now reported that the so-called
Thomas Provost patents cover t. and that the
Company will prosecute those who infringe; IL
Is possible that a vigorous fight will be made by
those who now using the process.
The International Air Power Company. which
has bought up two or three large machine shops
in Providence. for the purpose OF making COM
pressed air motors. has received an order for Loo
heavy wagons or trucks Tor ewto TX ana aY. an
On the theory that witch hazel extract was .
medicinal preparation the Commissioner Of Inter-
nal Revenue ordered last year that IL should be
taxed as such only when put up as specific st ios
that II is toilet water and must De stamped IN
bulk.
French chemists report the discovery OF two
new dyes The shade obtained from the ordinary
and gallamine dyes Is violet. But
the new dyes which are derived from the same
materials, give pure plue ana nave stronger
power.
The increasing demand for aluminium sub
stitute for copper in conducting electricity is
notable feature OF the commercial situation The
Elevated road OF Chicago has Just
ordered 10000 pounds Of aluminium for feeders
Now that warm weather has started the trade In
summer underwear the retailers have cleared up
the stocks in the jobbers' hands. and the mills
are called upon for fresh goods. The makers OF
and other athletic goods. are experiencing Lively
Trade.