The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-04
TRADE. INDUSTRY, LABOR.

Matthias Kappellan, a shoe dealer al al
Neiilsville, Wis. has filed petition M
bankruptcy. His liabilities are s4e,oS'.n anu
assets 81, i5S.
The south Omaha Live Stock Exchange
was organized yesterday with MEMBER
ship of 600 commission men ana dealers
in live stock
A receiver has been appointed for the
EQUITABLE Loan and Security Company OF
Atlanta Ga, bond investment company
which carried on an extensive business III
all the Southern States.
During the past year eight new banks
have been established in the interior OF
Mexico and all are doing a good business
Banking has become one of the most lucra-
tive businesses in the country.
An independent cigar and tobacco dealers
league has been permanently organized by
the retail interests of Louisville. NY" 10
combat the alleged encroachments OF the
United Cigar Stores combine AT meet
ing Jan. Is the league will prepare ana Is
sue an address to the public
Over 1,lOO square miles of the finest tim.
Der lands in Newfoundland has just passed
price of SIS. 900. says a Halifax dispatch to
the New York Tribune. On the properly
are several valuable water powers sultanie
| for the operation of pulp and paper mills.
At Trenton, N j., Saturday Vice Chan
| ceIlor Emory appointed Frederick +. Guide
| receiver for f. E. Carhuff & Sons Company.
| of Newark The company manufactures
at at $4,000 anu the liabilities at s1SS.oOo The
assets consist almost exclusively of real
| estate and machinery.
Charles B. Horton has been appointed
| sn,perintendent of the Western Union
| Telegraph Company for the Omaha dis
| trict made vacant by the death of Col j.
| j. Dickey. Mr.. Horton. who was for many
years chief clerk in the ONCE OF superln-
tendent Dickey and later assistant super
| intendeat. was few months ago trans
| ferred to Denver
According to a report compiled by the
New York Metal Exchange, there has been
! an increase in the production of copper for
| the year just closed. The figures for l9O2
| are 293, $50 tons. as compared with 266,fl6
tons in 1901. Adding the net importations of
compared with 32s.OO2 in 1901. The exporta-
tions, however, have been nearly doubled.
President w. c.. Mcmillan, of the Detroit
and Cleveland Navigation Company and the
| Detroit and Buffalo line, announceda cnange
| In the officers of these steamship companies
| by which A. A. Schantz. of Detroit. is pro-
NOTED from general passenger agent 10
be general passenger traffic manager, and
| d. c. Mcintyre. of Cleveland. from general
| freight agent TO be general freight trafnc
| manager.
The WsaaelI E9uss for many yo' YEARS =, the
| ton Saturday on mortgage foreclosure pro-
ceedngs instituted by John D. Rockefeller.
The mortgage was to c1yef Loans for nearly mhy
of Of it its appraised valuation. IL was bid in
by the Cleveland Trust Company, who. it
| is believed acted for Mr.. Rockefeller.
Frank Hadley, superintendent of the
| Northwestern Elevated Railroad, at Chi
cago, has resigned to accept the office of
general superintendent of the interborough
| Rapid Transit Company, which has in
| charge all of the New York subways. He
will be succeeded at Chicago by E. c. None,
superintendent , OF the engin es depart
Electric Company. Mr.. Hadley's resigna-
! ton will take effect Jan. 10, He has been
connected with elevated railway work in
Chicago for ten years.
| Through strike of machine and iron rig
gers work on nearly all of the big buildings
now in course of construction in New York
is at a standstll. The riggers. who now
receive S. a day for foremen and s.. Is for
| helpers. and a nine-hour day, demand S. a
DAY for f9remen Ian and $50 for helpers with
men and So a day for helpers. The offer
| was rejected by the riggers. There are be-
tween 600 and 500 riggers idle. entailing sus-
| pension of work by 5000 or 5000 other men.
Twenty union men in the employ of a con-
| tracing firm at Schenectady, N. Y, an
nounced to their employers Saturday that
they will strike because of the fact that
William Potter, militiaman. who was ex-
PEELED by the painters union in October be-
| cause he served in the state militia during a
strike recently; had re-entered the employ
| of that firm. Potter several days ago Sc
cured an injunction from the Supreme Court
| compelling the painters union to reinstate
him. The OfncerS or the union announced
/ then that they would consider him a MEM
Der. although they could not grant him a
| card.
One-fourth of all the wheat and flour ex-
ported from Oregon, Washington and Idaho
for the first half of the year has been
shipped to Africa and Australia, the former
country alone taking nearly one-fifth of the
entire amount exported. Last year with
practically the same shipments to all ports
the first six months of the year showed
the African shipments to be but ne-hftieth
of the total amount sent out. while nothing
was exported to Australia. The total ship
ments to Africa from July to Jan were
(fiour included) 1856 92 bushels. while $50,
GOA bushels were shipped to Australia, MAX
ing grand total of 4.256.S $50 bushels out of
the Total shipments to all ports of 1892 6ls
The bill in equity filed by c. I. Hudson &
Co., of New York, against George T. Wood
& Co. and st. John Boyle, of Louisville
was thrown out on demurrer in the United
States Court at Louisville Saturday on the
ground of no equity. The suit grew out of
the panic of 1901. Last May the New York
firm secured judgment of $S1 900 against
Wood & Co.. but the United States mar
shall made return of mo property found -
The next step was the filing of the bill in
equity which Judge Evans threw out This
bill recited that Mr.. Boyle was indebted to
the defendant in an amount exceeding the
face of the judgment rendered. The plain
tiff petitioned the court to allow IL to sue
Mr.. Boyle through George II. Wood G. Co