The Birmingham age-herald., 1903-08-29
INDUSTRIAL NEWS.
The Iron Age says:

The Iron Age says
 Frank J. Hearne, formerly president of the National Tube company. and who will soon be elected president of the Col orado Fuel and Iron company, arrived in Pittsburg on August 23, and Is spending a few days in that city. MT. Hearne stated that he would take up his residence in Denver until the improvements and addi- tions now being made by the Colorado Fuel and Iron company have been com pleted, after which time he would prob ably remove to New York City and direct affairs from that place. MT. Hearne be- lieves that the Colorado Fuel and Iron company have great future"
 A gentlemen in this city who Is well ac- quainted with him, says that MT. Hearne is a stockholder In the Woodward Iron company of Birmingham.
 At the present time when the questions of differentials between pick and machine mining Is still unsettled the following comparison between machine and hand work in rock mining will be of interest The excerpt is from the Engineering and Mining Journal: s fss
 In his annual report John B. Hobson, general manager of the Consolidated Car ibou Hydraulic Mining company, Bullion, B. C.. presents figures of cost of operating electric drills
 The plant included four drills with two horse power, no volt, direct current porta- ble motors, one drill. with 11k horsepower, 110 volt direct portable motor, all com plete, with 7-foot flexible shafts adjust able tripods, drifting columns, the neces- Af4rf lAl 1.l five sets of drills of suitable length to drill holes varying from two to eight feet deep. The figures are: Steam power, one cord of cedar wood, delivered, g. 25; one engin- ger, $4; lubricants for engine and gen orator, 35 cents; total, s660 Operating drills: Three power drill men at $4 each, SIP; three helpers at g each. $6; one black smith, $4; one helper, g; three bushels of charcoal at 25 cents, 75 cents lubricants 20 cents; total, s2495. Total cost of run ming three drills ten hours, s31.55. The duty attained by drills used during the season, in advancing and lowering the red rock cut, averaged 312 feet of holes per ten-hour shift. The duty attained by two miners drilling by hand, with B-inch steel and 8-pound hammers, averaged about IA S-10 feet per ten-hour shift, and made the cost of drilling 312 feet of holes In bed rock by hand as follows: Forty two miners at $2 per day, $s4 one black smith at $4 per day, $4; one helper at s2 per day, s2: four bushels of charcoal at 20 cents. s1; total cost of drilling 312 feet of holes by hand s9l Saving made in favor of power drills per ten-hour shift, s59.45.
 A Cleveland letter to the Iron Age says: The reduction of the association price of Southern pig iron to $12 basis, Bir- mingham, brought about a corresponding reduction In the prices of northern Iron ad also developed considerable business As soon as the southern companies an- nounced their action buying began, the first sale reported in this territory being 2000 tons for consumer in Central Ohio. The Northern Valley furnaces quote No. 3 foundry at $16 to SfG.50. In the valley. At this price sales were made running from 200 to 1000 tons. The number of sales has been much heavier than at any similar period for months, and a good buying movement seems to have started. The southern furnaces announce that they are willing to take contracts for delivery in- definitely in future at these prices, and some of the northern furnaces have made the same provision. Quite a number of the valley and Pittsburg furnaces, how ever state that at ruling prices deliveries are not to be promised after November 1. From that date forward they expect to make prices somewhat different from those now prevailing. This announce ment gave further strength to situation already strong and inclined many of the buyers to cover a considerable tonnage with furnaces that made no such pro vision In the main, however the buying has been of a hand to mouth nature, small lots ruling. Some consumers have tried to break the price still further. A Knoxville special says:
 One of the most important legal ques- tions concerning mine workers that has arisen in this section for some time Is to be determined by a suit which is being heard at Coal Creek before Chancellor H. G. Kyle, of the Chancery court. Some time ago the miners in the employ of the Tennessee Coal company went out on strike, and they attempted to blockade the mine and keep the non-unon men from working in the mine The result was that the mine was shut down for a long period.
 The company then secured an injunction from Judge Kyle enjoining the miners from interfering with the workings of the miners and keeping miners from working, in the mines The miners did not desist and large number of them were arrest ed and went to the Clinton jail In body with their labor banner floating over their heads.
 Judge Kyle is hearing proof in these contempt of court cases and the question which he will decide is to just what ex-