The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1902-11-29
TRADE, LABOR, INDUSTRY.

A Belgian financial paper announces that
the glass works of Courcelles have passed
under the control of a Pittsburg company.
The Moline plow works, of Moline, has
certified 10 the Illinois secretary of state
an increase in capital stock from s24oO.ooo
to 50, 100000.
The Tennessee Coal, Iron and Railroad
Company has applied to the New YORK
mortgage per cent. bonds due in 1851.
j. E. Blackburn, state dairy food COM
missioner of Columbus. o., will locate
truck and fruit colony of Ohio farmers on
fve-thousand acre tract he mas purchased
at Theodore, Mobile county, Alabama.
The sum of $4,000 was deposited at the
New York subtreasury yesterday for trans.
fer to San Francisco. This makes total
of s.. 10000 transferred to the Pacific coast
recently. A transfer OF 100000 was MADE
to Chicago yesterday.
The Dominion Coal Company and the
New England Gas and Coke Company have
agreed on new coal contract TO run 1or
five years. The coal company Will supply
ton, an advance Of cents per ton over
the old price.
American corsets rule this market" says
United States Consul Mahin reporting to
England, on popular American wares In
England. He says so popular have the
American styles become that the French
makers are compelled to get their patterns
from the United States.
The board of directors of the Cramp Ship
building Company at meeting yesterday
decided not to declare the usual December
dividend. A circular will be issued stating
that it Is deemed tnexpedient to declare
the dividend in view of the floating debt,
and also showing that the earnings in the
last six months have made substantial in
crease.
In the Federal Court at Memphis yester-
day the cases of the United States against
seven Memphis initial railroad lines and
their vice presidents and traffic ofncials
for alleged pooling of cotton and violations
Of the laws regarding interstate commerce
were continued by consent of counsel UNI
til the May, 1903, term Of the United States
District Court.
AT joint meeting of the Swansea tin
of their workmen, just held, arrangements
were made for stoppages of a week each
month in December, January. February and
March. This action Is owing to the de-
preston in the Welsh tin-plate trade, and
is in accordance with resolution passed
at a meeting Of the T;nmakers' Associa-
ton, held at Swansea on Tuesday.
According to the officials of the National
Association of Blast Furnace Workers,
that association will on May / serve no
tice on all blast furnace operators through
out the country that eight hours will con-
stitute days work. vote is being taken
by the lodges on the question, and the re-
plies thus far are in favor of the PROPOSE
ton. Ample notice will be given the man
ufacturers to consider the proposition.
Chancellor Magic, of Trenton, NJ j., d.
rected the receivers of the National Salt
Company not to pay Joy. Martin & Co.,
of Chicago. $1,000 for October storage
of salt belonging to the company. This
order is made on the ground that the value
of salt has already been paid In storage
charges; that the cost Of production is
much less than when the salt was origi-
nally stored and that the amount now be-
ing produced in this country is largely
in excess of the demand.