Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1908-11-14
REVIVAL IN MANY
Lines Of INDUSTRY
Election Of Taft Cause
OF Increase OF
Activity ..

the country responded immediately to
the election Of William II. TAFT AS
President, was shown in the dispatch
os reaching the capital today from all
the big industrial centcrs. From New
York came news that sensational adj
yanccs In steel stocks were due :"
orders for thousands of tons OF struc.
,ural and railroad steel, telegraphed
tn mills as soon as II became known
positively that Taft was victor. rms
messages heavy building operations all
over the country. millions OF dollars
for railroad equipment and employ
ment for thousands of men.
New Life on Wall street.
Now York, Nov. 4.-Wall street
gave expression to its opinion OF the
election results today by u, great
buoyant and enthusiastic advance III
prices of securities With tile uncer-
tainty attending the election removed
a general rush to buy stocks an"
bonds ensued. Participating In the
movement were persons from all parts
Of the United States who gave express
sion of their confidence In the future
by buying. Wire houses and comni,s-
sion houses, which have complained
for months that they had no business.
said this evening that they had more
orders to fill today than since the
days of 1901. en-.
A shout of approval went M when
Steel common sold up to 50. IL cross
ed that point and closed at 5oh.
Steel preferred also made new high
record, selling at the highest price In
its history.
Union Pacific was at the highest
price since its memorable slump, ana
its allied stock, Southern Pacific sold
at 111b, the highest point at which 1t
has ever sold.
Mills Increase Force. ..
Boston, Nov. 4.-The New England
Cotton Yarn Company announces that
it's operations will be Immediately In
creased to normal full capacity. Dur
ing the depth of the depression, the
company was running at only 30 per
cent of normal, and even up to Sep
TENDER last, the month of its fiscal
year, operations were not better than
IS per cent Of full capacity. The i'm
proyement I'm the cotton yarns has
been accompanied by general better
ment In the entire cotton goods situa-
ton. Curtailment has passed and
many of the largest Fall River,
Lowell and Lawrence mills are bend
ing their energies to get under way ut
full capacity at the earliest possible
date.
Activity In Railway shops,
Pittsburg pa, Nov. 4.-Ordcrs
were received today by the Pennsyl-
yania Railroad at Pittsburg to place
every man and boy possible In the
repair shops Of the road here In order
to rush out cars which have for
months been on the side tracks In
different stages Of repairs. As a re-
suit, railroad shops tomorrow morning
will for the first time in the year.
have full quota of men. Several
large firms here intimated that they
will raise wages either December list
or January LIST.
President Hilton BARLEY Of the
American Nut and Bolt Fastener Com
rany, employing several hundred
workmen, this evening announced
that beginning tomorrow the wages
OF all workmcn would be increased
20 per cent and that all the overtime
the men wanted could be made.
Work for Many Men.
st. Louis, November 4.--Manufac-
ture, commerce and finance responded
vigorously today to the results In the
national election. The Pittsburg Plate
Glass Company today notified its de-
pot at Crystal City, suburb of st.
Louis, that 10000 men will be rcem-
rloyed Immediately In all its plants.
Orders were given to recall 500 men
to work at Crystal City. Manufacture
Ing and mining corporations In tho
st, Louis district In Missouri and
Illinois are arranging to increase their
forces and output. The Western and
Southern railroads report large gains
In freight traffic.
Newark IN. j., November 4.-Up-
on the announcement of Taft's cleo.
ton today the 5000 operatives in two
great thread mills in this city wero
notified that full time work would be