Pullman herald. [volume] (Pullman, W.T. [Wash.]) 1888-1989, 1899-03-25
LABOR NOTES.


ways and Electric Light company when
will control all the street railways ana
electric lighting plants OF Baltimore mas
been made public by Alexander Brown q
Sons, the fiscal agent OF the syndlcate
which has acquired controlling inter-
est in these properties. There will be a
total capitalization of S1000oOOo IN
stock and bonds. OF this amount 500
100000 viii be per cent oO-year goiu
bonds, $l4,OO0000 preferred cumulative 4
per cent stock, and $24,000,000 common
stock.
The continuation of the cast iron pipe
and foundry interests into one concern
seems to be an accomplished tact. Inc
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-cumulatlVe
preferred stock and $l5,000,OOO common
stock. OF this, S3.000,000 of preferred
stock and $30OO,000 common stock are
to be retained in the treasury Tor the
purchase of additional companies and
plants. The present annual output OF
cast iron pipe is stated to be 6O0,00O tons
per annum, of which the new company
will 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 capi'
tai stock of $32 100000, divided into SlZ,-
100000 preferred stock, with 7 per cent
cumulative dividends and S20,OOO,OOo
common stock. This company Is what Is
known as the Bourbon Whisky Trust.
Fifty seven companies making Kentucky
whisky, have mus far entered into the
agreement.
A permanent organization OF the Nir-
ginia and Southwestern Railway com
pany and Virginia Iron, Coal and Coke
company has been effected. George IL
Carter, of Pulaski, Va, was elected presl-
dent of both companies These com
panies represent q 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 rall'
road, u iron furnaces In southwest VIZ
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 were received, showing the entire
visible supply of broom corn, and after
long discussion, it was decided, owing
to the shortage that an immediate ad-
vance of $50 per ton be made. 1t APP
reared from the talk that the shortage
had not been so great in 30 years, or the
crop confined to so few hands, or such
small quantity in the possession OF pro-
ducers. 1t was stated that there IL
shortage in all the leading markets OF the
country, and that many broom manun-
facturers have but a meagre supply on
hand. It is quite likely, in view OF this
action, that there will be a further adj
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 $4,000 900, one-half of which is pre-
ferred 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 compensation which Is in part con
tingent upon success in obtaining the
necessary ordinances and securing the
contracts is held in Crichfeld vs. Der
mudez Asphalt Paving Company (lll),
AZ L. r. A., BAT, to be void on ground OF
public policy because tending to bribery
and corruption.
Congressman +. 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 $30,00OOo0
and will control the manufacture of gran
tie ironware in the United States. Presi-
dent Niedringhaus announces that the ca
pacity of the works at Granite City will
be doubled He will go to New York to
manage the new company
The North Carolina legislature has
passed bill which practically disfran-
chises the poor whites and blacks alike
handicapping them with property, educa.
tional and poll tax qualifications. The
new, purified democracy is not attempt.