The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-29
TRADE, INDUSTRY, LABOR.

The Pressed Steel Car Company has de-
clared regular quarterly dividends of 1%
on the common stock, and in addition an
extra dividend of per cent. on the common
stock.
The Interlakes Transportation Company,
with an authorized capital of 100000. on
wednesday filed articles of Incorporation
in Camden, N. j. The company is empow-
cred to operate line of freight steamers
on the great lakes
The city. of Memphis. Tenn. has placed
bonds with Chicago firm at par. The
issue of bonds is the first series of a total
of $3,5Oo,OOo which has been voted for the
plant.
The Wheeling & Lake Erie Railroad has
granted it's employees an advance in wages
dating from Jan. that will average 10 per
braEemen will share In the increase.
Switchmen have already been granted an
advance
The National Association of Manufactur-
ers Of Union-made Workingmen's Gar
| on Wednesday decided to change the name
of the association to "Union-made Garment
Manufacturers of America" II was de-
cided to hold a meeting in July, probably
In Chicago.
The National Hardwood Manufacturers
Association, in session at Cincinnati, on
Wednesday decided to Immediately increase
~
grades of lumber produced by the members.
| The following officers were reelected: Pres
| dent, w. Nj. Ritter, Columbus, o.: secre-
| urer. +. c. Fisher. Coal Grove. o. c. III.
Barnaby was elected vice president for In
diana.
Charles Waite and Robert Thorburn, of
| the former Chicago Board or Trade firm or
| Waite, Thorburn G. Co., have each COM
menced suit against the former president
of the board. William s. Warren, and the
e. II fAr ~
| 100000 alleged to have been suffered by
| the action of the board of directors sus-
pending the firm from the privileges of the
| board. The suit is the outgrowth of
| corner in July oats Of last year.
Vice Chancellor Stevens at Newark. N. j..
| on Wednesday granted a rule to show cause
| why the National Building, Loan and
| Provident Company should not be re-
Trust Company and why receiver should
| not be appointed. 1t had been decided TO
make the change on Tuesday next. but the
granting of the rule will prevent such &C
| ton. Some of the stockholders assert that
| the company is unable TO mature Its GER
tificates.
| The first break In the ranks OF the strik-
| ing motormen and conductors Of the Con-
necticut Railway and Lighting Company
| occurred at meeting of the men at Water
bury. Conn.,, Wednesday night Frank
was informed by the men. in no mild terms,
| that there was objection to his returning
to work for the company as an inspector.
morrow morning. He was Immediately
| fined $50 and expelled from the union and
invited to leave the ROOM
A preliminary injunction was granted
| at Pittsburg on Wednesday in the equity
| case of the Brown Hosting Machine Com
| pany, of Cleveland, o. against Local No. 3.
| International Association Of Bridge and
| beers from interfering with the plaintiffs
workmen at the Isabel furnaces, where
| strike has been on for some time. Men
| were brought from Cleveland. and those
who are on strike refused TO allow the new
men to work. 1t was testified that violence
| had been used. and upon one occasion one
| OF the workmen was carried out OF the yard
| by the strikers.
laid before Parliament on Wednesday. or
the principal changes interesting TO the
United states are the following: cotton
| ticles. increased SO per cent: leather. in
| creased 20 to 80 per cent; shoes. increased
20 to so per cent; fancy leather goods. duty
\ trebled; raw tobacco. normally $40, raised
| to s24 per 100 kilogrammes. about 2s7
| pounds: textile machinery. increased so to
| 100 per cent: electrical dynamos and
| motors, increased 20 to '35 per cent. The
duties on the finer electrical apparatus are
| doubled and the duty on agricultural ma
| chinery Is raised 20 per cent. with the ex-
| ception of steam plows and threshers, the
| duty on which is not changed.
new Russian general customs tariff. to
/ which the imperial sanction was given on
Jan. rs, was published on Wednesday. An
| official memorandum accompanying il ex-
| plains that Russia has followed the exam
| Die of other states In view OF the impend-
| ing expiration Of her commercial treaties
/ The new tariffs have been elaborated, says
/ the memora ndum, with special regard for
/ the protection OF national industries but
| there has not been any idea by an artificial
raising of rates of securing means OF bar
gaining with other powers. because such a
weapon would cut both ways. novel
point In the PRONUNCIATION OF the new tariff
/, is that the date on which IL will be put In
operation il not specified. II being left 10
| the minister OF finance to obtain the i'm
at any time.