The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-03-05
TRADE, INDUSTRY, LABOR.

James j. HILL president of the Northern
securities Company, sailed from New York
on the Celtic for England Wednesday. He
will also visit the continent, the trip be-
ing for a rest and recreation
r.. @. Dun & Co. report 1880 commercial
failures during February, with liabilities
corresponding month of 1902. when the
amount involved was ST, 302, 029, and 1,024
in 1901. with liabilities of s11,2S7.2l1.
A. miIion-dollar packing plant is soon
plant Of Armour & Co. which was recently
destroyed by fire. The new plant will en-
ploy 1000 men. and will have killing ca
pacity of 1900 hogs. 1900 cattle and ], 900
sheep daily.
Judge Foster, I'm the United States Cri-
cult Court, at st. Louis, has appointed
John X. Laughlin receiver for the National
Securities Company. The appointment was
made upon the petition of score or more
investors in the concern. The receiver
gave bond in the sum of 5000.
1t Is reported that the American Loco
motive Company is backing the financial
arrangements Tor the settlement of the af-
fairs of the William Trigg Shipbuilding
Company at Richmond, Va and that this
Is the beginning of an organization of ship
yards to night the American Shipbuilding
Company.
Contracts have been let for the damming
Of Snake river, In Idaho, at point sixty
i've miles above Shoshone Falls and for
building sixty-five miles of canal on the
south side of the river and tWenty-four
uiies on the north side not including later
ais. which will reclaim $4,000 acres of land
under the new government irrigation law
The dam Is to cost 100000 more and the
canal s2.5oo,ooo. not including the laterals
meeting of guards, motormen and ticket
agents of the Manhattan Elevated Railway
lines was held in New York on Wednesday
for the PURPOSE Of effecting an organiza-
sios- Officers elected and about 1.7oo
men are reported to have Joined the or
ganization. Herman Robinson. of the
American Federation, acted as organizer.
w ID. Mahon, OF Detroit. president OF the
Amaigamated Street-railway Employees of
America, who was present at the meeting
said that a strike had not been considered
The beef trust has decided to stand by
Its demurrer to the allegations made against
II by the FEDERAL government when the
cases against the combined packers were
begun at Chicago several months ago and
will appeal from the decision overruling IT,.
This alternative was chosen In preference
TO the hearing OF testimony of the inner
workings of the combination Ii Is said that
the government has voluminous supply
OF testimony OF every sort bearing on the
case and taken In all portions of the coun-
try.
petition protesting against Governor
Peabodys action In sending militia TO quell
the strikers in Colorado Springs. Col. has
been signed by six hundred citizens. in
Guiding the mayor and the CITY officials.
The petition says the mill and smelter
mems union strike has far been con-
Quoted In an orderly manner. and that no
violence has been done. except petty quar-
rels by individuals: that the situation is
under the control of the police. and that
there is no occasion for the chief executive
10 send troops.
gang OF structural iron workers en-
ployed by the American Bridge Company
at schenectady. N. T.. which has the con-
tract for building new storehouse for the
General Electric Company. have gone on
strike The men said they had no eriey-