The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-06
TRADE, INDUSTRY, LABOR.

Two hundred men at the Mikado mines.
near Bessemer, Mich, have struck for sn
increase in pay.
Massachusetts cities generally inaugural
a Socialist mayor at Brockton. In nearly
all cases the providing of adequate school
accommodation for children was referred
to as most serious question.
The icemen of st. Paul have formed a
union and will demand 80 1-3 per cent. in
crease of pay. There are about 200 drivers
and helpers employed by the half dozen
companies, and it is understood that prac-
tically all have Joined the union.
A. Wettermark & Son, of Nacocdoches.
Tex, and A. Wettermark & Co., of Hen
derson, Tex, bankers and merchants, on
Monday went into liquidation. The liza
bilitieS and assets are each thought to be
about 100000 Trustees will settle with
creditors.
President Schwab, of the United States
Steel Corporation, has cabled from Europe
so shares of preferred stock be allotted
him under the offer recently made to all
employees. Sixty shares is the maximum
amount he could apply for.
The extensive tin plate mill of Cumber-
land, Nd. operated by 600 men and women.
was closed indefinitely yesterday. The
warehouses OF the company are said to be
overstocked with tin, and the high prices of
coal In Philadelphia, where the tin is
| finished. renders 1t impossible to finish the
| product at profit.
The tobacco crop of the Connecticut val
| ley. especially that grown in the open air.
| is not coming from the sheds in a satisfac-
| tory condition, and the prices which are
| being paid rule considerably lower than the
| growers were expecting. The cold and
| damp weather of last summer was not
| favorable to growing the best quality OF
| leaf.
| The Eastern Steel Company has begun
work at Pottsville. Pa, on four open
| hearth steel furnaces, which will have a
~ no n n nd will
| be part of one of the biggest steel manu-
| featuring mills in the country. Work on
| the furnaces will be rushed day and night
| President Gibbons states that the new mill
| will be working full-handed by July 1.
Representatives of twenty-four metal
| trades organizations affiliated with the
American Federation of Labor in ses-
| sion at the headquarters of the Anal
| gamated Association in Pittsburg to ar
| range differences which threaten to be-
come serious unless the cause of the trou-
BILE is promptly adjusted The most i'm
| portant dispute is the right of members
| belonging to one organization when they
are eligible to membership in another.
| Governor Odell has made the following
| statement in regard to a published story
| that he had signed a contract to become
| president of the Pacific Mail Company: 81
| have no contract signed. sealed or deliv-
cred by which L am to be made president
Of any corporation. Anyone who has made
| hood. The only contract L have is with
| the people Of the State of New York tc
! serve them for two years. and that L pro-
| pose to do to the best of my ability
| A contract was made yesterday whereby
| traction line from Columbus o. viii
1 enter Cincinnati from Norwood and run tC
| Fourth and Sycamore streets. The through
| line is obtained by an arrangement be-
| tween the companies holding franchises be.
| tween Norwood and Washington Court.
| house, and between Washington Court
house and Columbus. The line from Nor.
Il IN och nUfn ;e
through Madeira, Milford, New Boston
| Fayetteville. Hillsboro, Leesburg, with a
spur from Leesburg to Greenfield. IL is
| expected to have the road in operation
within year.
Announcement of the appointment of a
receiver for the keystone Manufactures
Company, of Rock Falls ILL.,, was made
yesterday by Attorney c. b. Haffenberg
| who represented number of petitionine
creditors in the Federal Court al Chicago
| Bankruptcy proceedings were begun in the
| United States District Court several days
| ago, but were kept secret until Henry l.
| Wilson had taken possession as receiver
| for Judge Kohlsaat. The keystone Com.
panys principal plant near Sterling. Ill
consists of eleven buildings, in which 40t
men are employed. Another large plant
| is at Council Bluffs Ia. and this has also
| been placed in protection of Mr.. Wilson
| and A. Nj. Patterson as receivers. The liza.
! biiities are said to be close to $3.50 900 while
| the assets Rock Falls consists of 2
/ plant mortgaged for 100000, and Other
property worth about $4,000 E. l.. Gall
| of Sterling, president of the company will
| continue to manage the business under the
direction of Receiver Wilson.