The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-03-26
TRADE, INDUSTRY, LABOR.

The st. Petersburg correspondent of the
Frankfurter Zeitung cables that Russia is
trying to negotiate loan of $10o0o0.00o in
France.
has applied to the New York Exchange to
list $2,0O0OO0 first refunding mortgage
per cent. guaranteed bonds of 1949.
{. The Wisconsin Hardwood Lumbermen's
will make substantial advances in the price
list all along the line.
Owing to freight congestion it is reported
that fires will be put out in 1000 or more
coke ovens in the New River field, of West
Virginia, as IL is impossible to secure
for the transportation of products.
A wine firm in Santa Clara county, Cali
fornia. has shipped 500 barrels of Burgundy
wine to Europe OF this, 400 barrels goes TO
Antwerp and 100 to London. Another ship
ment of 100 barrels will go to New York
Vice Consul Tyler, at Teheran, Persia,
has informed the State Department that
the country has adopted new tariff The
United States is included among the coun-
tries entitled to the most favored nation
treatment.
The American Tobacco Company has de-
clared the regular quarterly dividend of
2 per cent. its preferred stock and
dividend of per cent. on its common
stock. This is an increase of II per cent.
on the latter.
Owing to the shortage of transportation
facilities, growers of citrus fruits in south
ern California are confronted with seri-
Gus condition. 1t is estimated by some
growers that the existing conditions may
entail a loss of 81, 0O0.O 900.
The members of the New York Stock Ex-
change will take possession of their new
building on April p The day will be given
over to formal exercises, consisting chiefly
of speechmaking, and business will be sus-
pended the following day.
Prof j. w. jerks, Edward Brush and
Charles Conant, the monetary experts
United States by Finance Minister Liman-
tour to give advice on the proposed change
in the currency, left for home on Wednes-
day. They declined to talk about the con-
ference.
The secretary of states office at Tren-
ton, N j., was advised Wednesday that
the United States Steel Corporation would
file articles merging its various plants. The
information given conveyed no idea as to
the capitalization of the new company, or
to whether there would be any change
in name.
Following the utilization of the power
of Niagara Falls, NJ. Mougeot, the French
minister of agriculture, has appointed
commission to study the various falls in
the Alps and Pyrennes with the view of
the utilization of their power particularly
for electrical traction on the government
railroads.
The Lake Shore, the Michigan Central,
the Grand Trunk, the Duluth, South Shore
& Atlantic and other railroads paid taxes
81 900 on Wednesday. All paid on the
basis of last years earnings, thus leav-
ing the balance claimed by the State under
the new ad valorem law for the courts to
pass upon.
BY a reorganization of the American BIZ
cycle Company the International Motor
Car Company, Toledo subsidiary plant,
will pass under the control of the Pope
Manufacturing Company, recently incorpor-
ated i'm New Jersey with Col Albert Pope
at its head. The company manufactures
automobiles. 1t is said that the plant will
be enlarged.
Vehicle and Implement Dealers Associa-
ton, composed of members from Ohio. In
diana and Kentucky. met in Louisville on
Wednesday. Various complaints as to the
contracts now required by the combine
which controls nearly all the harvester
and implement business. were. considered,
and report providing for thorough adj
justment was decided upon.
There a gain of s10572. 995 i'm Chinese
exports TO the United States last year as
compared with the preceding year, accord
ing TO special report to the State Depart
ment from the United States consul general
at Shanghai The total of the trade was
sllS, 2S3. gold The consul general says
| have regained the fiourishing trade that ex-
listed before the Boxer trouble. During the
year silver has deprecated IL per cent, but
| prices of commodities in silver here have
| risen as the silver has fallen. so that the
| gold values have changed but little
These securities have been approved for
| listing by the governors of the New York
| Stock Exchange: Chicago & Northwest
ern Railway Company, s9,226,lOO additional
| common stock: Texas & Pacific Railway
| Company. S6s7.000 additional first mortgage
| per cent. coupon bonds of 1881; Cleveland
| Cincinnati. Chicago & ST. Louis s2OO7 900
| additional general mortgage per cent.
| coupon bonds of 1898; American Agricultural
| Chemical Company 81. 100000 additional pre-
| ferred stock and $4,000 additional common
= stock: Chicago. st. Paul. Minneapolis e.
| Omaha Railway Company. 100000 CONSOLE
i dated mortgage bonds of 1890 for 81 900 each
/ (Mo) Railway. Light. Heat and Power
| Company. SS.500.0o0 first mortgage per
/ cent. thirty-fve-year coupon bonds of 1887:
Manhattan Railway Company Unter-
borough Rapid Transit Company lessee).
/ $50. 900 guaranteed capital stock in lieu of
present outstanding stock.