The star. (Reynoldsville, Pa.) 1892-1946, 1899-02-15
INDUSTRIAL NOTES.
Rockefeller to Transfer His immcrs. Fleet Of
Ore Carriers to the Carnegie Company.
Locomotives Shipped to Havana.

Rockefeller to Transfer His lmmcns. Fleet Of
Ore Carriers to the Carnegie Company.
Locomotives Shipped to Havana.
A deal is under way at Cleveland by
which John u. Rockefeller will trans
fer his vast lake vessel and iron ore
interests to the Carnegie steel Com
pany. According to the story, the Car
negies VIII control the finest fleet of
freight boats on the lakes, valued at
several milton dollars and the Duluth
& Mesaba railroad. Rockefeller's min
ing property is already under 50-year
lease to the Carnegie company. The
deal, when consummated will make
the Carnegie Steel Company one of
the most powerful organizations in
the country. II will practically take
the Carnegie people out of the market
for outside vessel tonnage, and the
output of the mines Will be handled al
most entirely by the Carnegie rail-
roads docks and vessels from the time
the ore leaves the mines until it
reaches the furnaces at Pittsburg.
Another deal in which the Carnegie
Steel Company Is interested will be
closed before the end of the week. IL is
the purchase of the Queen mine, on
the Marquette range. The mine Is
now owned by the Queen Mining Com
pany. and is operated by Corrigan,
Mckinney 81 Co., of this city. The
purchase prise is said to be something
less than 100000.
The Baldwin Locomotive Works
have just shipped to Havana for the
United States Government two large
switching engines, to be used i'm con-
nection with the improvements con-
templated and in progress there. Or
ders have also been received by the
firm for four large consolidated freight
engines for the Mexican Central Rail-
road. The work upon the forty freight
engines and five passenger engines for
the Baltimore & Ohio Southwestern
Railroad, orders for which were placed
with the firm some time ago. is pro-
crossing. and they will be ready for
delivery in the spring.
President Lambert, of the American
Steel and Wire Company. last week
made the following announcement
relative to n sweeping advance in the
wages of the employees of his company
at Chicago, which is to become effec-
tive by March /: Advance TO all em-
ployes earning up to 81 80 n day, 10
per cent; 81 SO to So a day, 7ls per cent.
and 50 05 to 50 so a day, s per cent. AL
together about $4,000 employees of the
company, in Illinois, Ohio, Indiana and
Pennsylvania, viii be benefited by the
raise. The employees of the company
who work on tonnage scale will re-
ceive proportionate raises on the ap-
praised value of their labor. The ad-
vances in wages President Lambert
says. will mean an annual amount be-
tween S700000 and $1000.000.
The stockholders of the Plttsburg
Reduction Co. have ratified the plan
to increase the capital to 81 800 900.
Carnegie's steel car plant at Home
stead, Pa, will be in operation by Sep
tember. The plans for it's construction
are being rushed, and ground will be
broken in short time. orders are al
ready being booked by the company,
and now aggregate over S6,00000O.
One was placed a few days ago
by the Baltimore and Ohio Railroad
Company for 1000 steel hopper cars,
of from 100000 TO 1880 pounds capac-
ity, involving an expenditure OF over
100000. j. B. Hardie has been APP
pointed chief engineer of the projected
plant.
Articles of Incorporation of the Chi
cago Milk Trust, of which Joseph
Letter is the prime mover, have beer
deposited in New Jersey, and in day
or two the consolidation will be an ac-
complished fact. The capital stock
will be $10000,000. Very little of this
will be in the hands of the milk deal
ers, the organization having in most
cases bought the milk routes outright.
The trust, 1t is said, will not alter the
price of milk at present.
The wire nail mill at Salem, o.,
owned by the American Steel and Wire
company has commenced to run three
turns daily of eight hours each. 1t is
now running two eleven hour turns.
President Shaffer, of the Amalga-
mated association, and Secretary
Mutt, of the Iron Manufacturers asso-
citation, at their b-monthly confer
ence at Youngstown, decided that the
price of bar iron did not warrant any
increase in the scale of wages for
February and March.
The Iroquois Furnace companys
plant at South Chicago, and the only
producing furnace in the Chicago dis
trict outside of the Illinois Steel COM
pany's works, has been sold TO Rogers,
Brown & Co. The price paid is under
stood to be somewhere near $500, 900.
The buyers are among the largest
dealers in pig iron in the country,
having offices in Chicago. New York,
Pittsburg, Cleveland. Philadelphia,
Boston, Cincinnati and st. Louis.
Their scales of foundry pig iron last
year were over 100000 tons.
1T is announced at Berlin from st.
Petersburg. that the greater part of
the trade of North Siberia Is falling
into the hands of the Americans. The
whole of the Tschu Kschi peninsula Is
already in complete economical de-
pendence on Americans who own the
island OF st. Lawrence in
the Bering sea-
\ dispatch from Hazard Is to the
effect that the largest plant for manu-
zinc in the world viii be in
operation at this place when the plant
now under construction is erected. 1t
Is stated that nearly sixty different
win be REQUIRED
Scattering the Seed.
This last year has added to our experi-
ence OF this mortal life and OF the world.
What practical experience have we gained?