The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-06-28
TRADE, LABOR, INDUSTRY.

The failure of the firm of ]. Francis
Brown & Co, stock brokers, of Boston, was
announced Saturday.
The Associated Manufacturers of Steel
Bars, in session at Pittsburg, unanimously
reaffirmed the present price of SLIGO per 100
pounds for bessemer steel bars f. o. b.
Pfttsburg. The manufacturers reported or
ders plentiful and trade conditions good.
All the freight handlers employed by the
various railways entering St. Joseph, Mo-,
with the exception of the Burlington, went
on strike Saturday because an advance In
wages of p per cent was refused. The Bur-
lington employees said they were satisfied
and voted not to strike. Nonunion men are
employed as rapidly as they apply for
work
Vice Chancellor Grey, of Trenton, N j.
has granted an order to show cause why a
receiver should not be appointed for the
Atlantic Window Glass Company, OF Mag
noiia, N J. The order is returnable at
Camden on July next. The company's
plant was recently destroyed by fire. The
to over 80 600. and the only asset is the
land upon which the plant was situated.
United States Minister Thompson. at Be
tropolis, Brazil, reports to the State De-
partment that the government has en-
barked on scheme for vast harbor works
at Rio involving the building of two and a
quarter miles of stone dock. The cost of
this great work will be $42.OO0.OOO. which is
to be raised through loan placed by the
Rothschilds. The bonds are to be sold at 80
per cent. and bear per cent interest
which is to be secured by dock charges of
per cent on merchandise. In spite or
Mr. ThompsOns efforts the work has been
let to a British firm.
Judge Gray, of the Hennipen District
Court at Minneapolis. granted an injunction
against the Electrical Workers Union, in
which he holds ii to be illegal for the strik-
ers TO conspire to injure the contractors
business or Interfere with such business by
threats directed against customers or pros
pective customers; 10 notify customers that
contractors are unfair" TO go on premises
where contractors are employed to Interfere
with their business or 10 order union men
TO quit work on premises by reason of the
fact that certain contractors may be en-
plOyed thereon. The injunction is tempo
rary and the unions will fight III to the
court of last resort
The Employers Association, with a men,
tership of 5000. including most of the bust
ness men in Kansas City, has started a
movement 10 repeal ali city laws that dis
criminate between union and independent
labor. Among the laws that will be at
tackled are several that favor the product
of union labor exclusively, the most obnox-
ious TO the Employers Association being
that which forbids the letting by the city
OF printing contracts 10 any but unionzed
law now enforced by the city administra-
ton. well as the ordinance requiring an
applicant for engineers license to be exam
ined by a board composed entirely OF union
men,
A quick and effective piece of k on the
part OF the State Department - prevent
loss to American exporters is disclosed i'm
a report 10 the department from United
States Ambassador Powell Clayton, dated
Mexico. June rs IL seems that by new
tariff 10 go INTO effect on July 1, the duty
on corn imported into Mexico is TO be
enormously Increased. American shippers
were prevented by the Western floods from
delivering for the June account more than
a million dollars worth of corn. At the in
stance OF the State Department. Mr.. Clay
ton June IL, appealed to Mr.. Mariscal.
the Mexican prime minister and the latter
after consultation with President Diaz, sus-
pended the operation of the new tariff for
one month. thus saving the American ex-
porters from ruinOus losses.