The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1901-05-17
TRADE, BUSINESS, INDUSTRY.

The big salmon combine is off so far
as the Alaska Packers Association is con-
cerned.
At a meeting of the directors of the
American Bridge Company. yesterday, a
reorganization of the board was made, In
which representatives of the United States
Steel Corporation were elected to the direc-
torate.
The secretary OF war has approved a
recommendation of the chief OF the engi-
neers for the proposed plan of a railroad
bridge across the Ohio river from Bel
laire, o., to Benwood. w. Va. The span is
to be seven hundred feet long at midchan-
mel.
The stock brokerage firm of GurIey &
Johnson, Washington, has failed. The open
accounts make up a total Of Si5O.U00. The
liabilities are $3.50, 900. Neither member of
the firm would make a statement last night.
The failure is a result of the recent Wall
street panic.
Members of the Northwestern Plow Man
ufacturers' Association yesterday held a
secret meeting In Chicago, at which the
subject of prices was discussed. Nothing
definite was reached as a result of the
meeting, but ii was decided TO permit the
members of the combination. to fix their
own charges. conditions varying in differ
ent localities.
Gustave Edward Graf and Thomas T..
Nevins, composing the firm of G.. Edward
Graft 4 Co, stock and bond brokers'. New
York, made an assignment yesterday for
the benefit of their creditors. The firm was
a member OF the Consolidated Exchange
and was caught in the recent squeeze. The
liabilities are said TO be about $500. 900. with
assets Of slJ0.000
Vice Chancellor Pitney. in court i'm Jersey
City, yesterday. announced that he will dis
solve the temporary injunction against the
carrying out of the purchase OF the Bos-
ton and Montana and other companies by
the Amalgamated Copper Company. The
form OF the order dissolving the injunction
has not been decided upon, but IL probably
will be ready by Monday next.
Judge Gage. at Chester. 5. c.. yesterday
issued an order restraining the Seaboard
Airline from acquiring the S%outh-bound
Railroad. The South-bound was built about
eight years ago between Columbia and
jacksonville. II was Immediately leased
by the Florida Central e. Peninsular. which
latter the Seaboard acquired by lease. The
Florida Central & Peninsular was never in
corporated In South Carolina. nor has the
Seaboard Airline a domestic charter.
Addressing the Congress of Italian Agri-
culturists of Florence Yesterday Signor
Luzzati, the former minister of the treas
ury, said information in his possession JUS
titled the belief that the German govern
ment Will not introduce a maximum and a
minimum customs tariff measure In the
Reichstag. The government might intro
duce minimum rates for cereals, iron and
steel. but he did not anticipate that Ger
many would follow the example set by the
Dingley tariff.
At the meeting of the Liverpool Chamber
of Commerce yesterday Mr.. Alfred Jones.
president Of the chamber. who is also the
Httu VI II III III VI DNlIDHAtI ~
said: ut is much better for the Americans
10 buy ships here than 10 build them for
themselves. and nobody can blame English
men for accepting the American dollars:
but there Is an element of great danger I'm
this transfer, because IL means a combina-
ton between the American railways and
sea-carrying facilities"
Exceptions were filed with Frederick w
Leonard. referee In bankruptcy. in Newark.
y. J., yesterday by George D.. Patten. OF
Plainfield. n. J., and the Kentucky Nation
al Bank of Louisville against the applica-
ton for a discharge from bankruptcy made
by Francis ID. Carley. formerly a broker.
who became a voluntary bankrupt last fall.
giving his liabilities at nearly 100000 and
his assets as nothing. The DIRECTORS allege
that Carley is not really bankrupt. that he
holds bonds and stocks In nearly a dozen
financial concerns. and that he has signed
over much OF his property TO his wife.
]. B.. Kitchell announces that within two
weeks plans will he perfected for the con-
sOlidation OF the various companies owning
the Union Elevated Loop. the Northwest
ern Elevated road. the Lake-street Elevated
road and the Metropolitan l. i'm Chicago.
Owners of the Southside RAPID Transit
Company are said 20 ask a price which
will keep the Alley l. out of the combfna-
ton. The bonded Indebtedness OF the yari-
| Gus corporations interested aggregates ST.
SIS. ooo and the capital stock OF each IS as
follows: Union Loop. S.ooo.ooo; Lake-strset