The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-12-08
TRADE, INDUSTRY, LABOR.

Employees of the Chester, w. Va, works
of the American Tfn-plate Company have
company, and the entire plant will start
in full Jan. l.
Henry S. MACPHERSON was appointed re-
ceiver for the Boston Auto Express Com
pany yesterday by Judge Colt in the United
States Circuit Court. The concern has cap
ital stock of s250,O00.
A petition in bankruptcy was filed yes
terday by Frank G. Coburn, contractor and
ties estimated at $3.50, AS and no assets. Of
the Liabilities, s1l5,45S is secured
The big British tramp steamer Knight
Errant arrived at Boston yesterday from
sugar, said to be the largest cargo of sugar
ever brought to any port in the world.
The failure of bennett Bros. & Co., brok-
ers of Boston, was announced on the Stock
succeeded that of bennett, Crane & Blanch-
ard. The failure is said not to be of great
importance.
receiver has been appointed for the
bank of Ravia, l. T. President Neal, of
| the bank, is under arrest, charged with
embezzlement OF the banks funds, but the
amount of his alleged embezzlement is not
stated, nor is a statement Of the banks
condition obtainable.
| The Standard Oil Company of New York
| city yesterday filed with the secretary of
| state at Albany certificate of increase of
capital stock from 100000 to $4,000, 900.
This is a subsidiary corporation of the
| Standard Oil Company of New Jersey, the
| capital of which is $96,0O0,000.
| H. q. Stuffier & Co., general merchandise,
| filed petition in voluntary bankruptcy in
| the United States Court at Des Moines,
| Ia, Monday. Liabilities, $4,000. The Bank
of Colfax owed the company $4,000 Fail
| ure to realize on this account is believed to
have precipitated the crisis.
| The Sharon Pa.) works of the American
Steel Foundries Company resumed opera
lions yesterday, after being shut down
| Of nf
| ders. The wage scale has not been adj
justed, but the men will continue at work
until some agreement is reached.
About fifty restaurants, including the best
patronized places in San Francisco closed
/ their doors yesterday, and it is announced
that they will not reopen until a satisfac-
| tory adjustment of the trouble with the
cooks and walters union is effected Be-
tween 1,500 and 1000 men were locked out.
The Town Council of Moscow, Russia. is
discussing the proposal to ask the govern
street-car rails. which are badly needed be-
| cause of the failure of Russian firms to
| supply the heavy rails required by the new
lines. The failure is due to lack Of proper
| machinery.
On the petition of creditors Judge Holt. in
the United States District Court at New
| York, yesterday appointed James G.. Mon
aboe receiver of the Oil Seeds Pressing
Company, of that city, and ordered him to
file bond of $4,000. 1t is claimed that the
| company owes to twelve or more creditors
| $lb0,VuU ana tHdI one OF more OF It's notes
| has not been paid at maturity.
The wages of 1900 cotton mill operatives
were reduced about 10 per cent. yesterday
in MeW Bedford 6n Fitchburg Baltic Conn.,
Pawtucket, r. /. The total number of mill
hands who have had their pay lowered up
to the present time is about $4,000. Five
thousand additional operatives In Berk.
shire county have been given notice that
their pay will be cut next week.
At the meeting of the Central of Georgia
Railway directorate. yesterday, the resig-
nation of President John Nj. Egan was ac-
to succeed him. The office of general man.
ager was created. and Theodore c. Kline
now general superintendent of the system
was elected to that position. The office OF
general superintendent was abolished by
the action of the board in making Mr.. Kline
| general manager.
of organized motormen and conductors with
j. u. Gallery. president of the Pittsbure
Railway Companies, 1t was planned to eff.
fectually settle the differences between EN-
ployer and employee. Meantime the com
pany by direction of Mr.. Gallery is con
Quoting an investigation of its schedules
with idea of making any changes thai
will benefit the workmen and do not inter
fere with satisfactory operation of cars.
: Justice Holt, at New York. yesterday. ap
pointed Peter Alexander receiver of tn,
, affairs of Edgar Lehman, dealer in skin.
and furs at 163 Mercer street. The receiv
er's bond is placed at 100000 and the firm.
| assets are said. TO exceed S20OOUO. Lehman
said his financial condition was due e
depreciation in the present market valu,
of fine furs purchased early in the year
together with unexpected and dsastrousl,
I large recent failures on the part of hi
debtors.
The First National Bank of Allegheny
| which closed its doors shortly after tn
suspension of the Federal National Ban,
| OF Pittsburg. several weeks ago. reopene,
yesterday. The institution has been en-
; tirely reorganized, with Charles E. Speer
president of the First National Bank O
Pittsburg, its president. and stron,
financial interests on its directory Presi
dent Speer stated that the bank resume,
| business with "A capital of $4,000 and sur
plus of over $50, 900. after having charge,
of every dollar Of bad or doubtful debts.