The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-09-01
TRADE, INDUSTRY, LABOR.

The director of the mint on Monday pur-
chased 5000 ounces of silver for account of
Philippine coinage. at an average of 5SA
cents an ounce, delivered in San Francisco
The failure of r. j. Johnston & Co. cot
ton brokers. was announced on the New
York Cotton Exchange Monday 1t was a
small firm, and the failure had no effect on
the market.
the New York Stock Exchange was made
by Talbot j. Taylor & Co. brokers Mon
day. This firm, of which the senior member.
is the son-in-law of James r. Keene as
signed in July during the troubled stock
market.
The Philadelphia grain exporters have
joined with the Baltimore merchants i'm the
movement to prevent the further diversion
of the Western grain trade to Montreal and
other Canadian ports, and conference will
be held in Philadelphia next Tuesday and
Wednesday TO devise plan of action. New
|. York and Boston merchants interested are
also to be represented.
Justice Dugro, i'm the Supreme Court of
New York. has handed down a decision
granting temporary receiver for the New
York Building. Loan and Banking Associa-
ton. The application for a receivership was
made by Attorney General Gunner and was
opposed by attorneys of the association
The attorney generals application was
based on referees report TO the effect that
there a deficit of $4,000 in the COM
pany's assets.
Following a disagreement between the
American Bridge Company, which erected a
large bridge at Marietta for the Ohio River
Bridge and Ferry Company, the former re-
fused TO turn the finished bridge over. and
the latter took forcible possession Monday
morning by aid of the United States mar
shall and Marietta police running the bridge
company's guards off and running electric
cars across the bridge. The electric cars
carried United States mail and could not
be stopped.
Secretary Wilson has asked the Depart-
a fO in
through the consular service suitable mar
kets for macaroni wheat. a hard grain COM
mon i'm some European countries, and whose
crops are increasing rapidly in the United
States. Secretary Wilson says that the
macaroni wheat yield in this country this
year. according to the most commonly ac-
cepted estimate, is 100000 bushels against
100000 year ago. and he predicts that
next years crop will be 25.00OOOO bushels
The attempt of President Callahan. of the
Hotel and Restaurant Employees Interna-
tional Alliance, TO cause a walkout of all
members of the union who are at work i'm
the restaurants of Chicago has met with
failure. A few men left their places, but
the great majority refused. President Cal
lahan announced Saturday that all mem
bers of the union who refused to leave
work by Monday night would be expelled.
If his threat is carried out the local organ
ization will be left with n comparatively
meager membership.
There was a general resumption of work
Monday in the numerous mills of the Amer
| lean Wooden Company throughout New
| England. which have been shut down from
| one To two weeks Upwards of %. 600 hands
participated in the vacation. Cotton mills
| also in various section resumed, after peri
| DDS Of curtailment or idleness on account OF
| the cotton situation. There is still a large
| amount of idle cotton machinery throughout
New England. and from the outlook cur
| tailment policy will be continued by many
! corporations throughout September.
All the striking employees of the textile
| mills operated by John and James Dobson
| at Philadelphia. with the exception of one
| hundred settlers and thirty printers i'm the
| carpet department and about six hundred
| hands who have secured positions elsewhere
yesterday returned To work. Those who re-
| summed numbered 300. The settlers and
| printers constitute skilled labor of the high
est classes. As no concessions were made
| by the firm these employees declined TO 20
| back, but will hold a meeting To decide
whether they will continue the struggle.