The Republican journal., 1908-11-12
The Revival of Business.
1t Quickly Follows the Election of Taft and
Sherman. Business and Industrial Ac-
tivity Assured Under Continuance o
RPnuh1iran Ru1o
FULL TIME FOR 5000.

AN$PaoANAA ANuiSs
FULL TIME FOR 5000.
NEWARK, N. j., November 4. Upon the
announcement of Taft's election today,
the 5000 operatives in, two great thread
mills in this city were notified that full
time would be resumed next Monday.
Since last April the mills have been run
ming on part time.
sHoEWoRKERs ORDERED IN.
LOWELL, Nov. 4. At the Federal Shoe
Company the employees OF the cutting
and sole leather room have been directed
to report for work on Monday. Stitchers
and lasters will resume on the following
Thursday.
NEW MILL PROPOSED.
FALL RIVER, November4 a. At specie :
meeting of the directors of the Saga
more mill this afternoon it was unani-
mously voted to submit proposition to
the stockholders that they pay IN $780,
coo in new capital and build new mill.
The Sycamore corporation has surplus
of more than $500, 600 and owns site for
the proposed mill near the present struc-
ture.
CHICAGO BUSINESS MEN OPTIMISTIC.
CHICAGO, H., November 4. A period
of prosperity and a boom in business,
which the farmer and the mechanic, the |
investor and the workingman and the
employer and the employee will all share,
is expected by Chicago's leading bank
ers, business men, railroad men, lawyers
and public officials as the result OF the
election of William Howard Taft.
COTTON MEN TO INCREASE OUTPUT.
Boston, November 4. The New Eng
land Cotton Yarn Company announces
that its operations will be Immediately
increased to normal full capacity. Dur
ing the depth of the depression the COM
pany was running at only thirty per cent
of normal, and even up to September,
the last month of its fiscal year, operat-
tons were not better than seventy-tlve
per cent of full capacity. The improve
ment in cotton yarns has been accom-
panied by general betterment in the
entire cotton goods situation. Curtall-
ment has passed and many of the largest
Fall River, Lowell and Lawrence mills
are bending their energies to the effort
to get under way at full capacity at the
earliest possible date.
FULL TIME AND INCREASED WAGES.
Boston, November 4. Milton Bart
lev. president of the American Mutt and
Bolt Fastener Company of the north side,
employing several hundred workmen,
this evening announced that beginning to-
morrow wages of all the workmen would
be increased twenty per cent and that all
the overtime the men wanted could be
made. Mr.. BARLEY gave out an inter
view in effect that for months railroad
officials, anticipating the election OF Taft
for President, had been placing orders
with the firm, to be filled Immediately
after election day. Business on the
books released by Taft's election has
reached such magnitude, according to
Barley, that he has found it best to give
notice of an advance in wages, bringing
salaries back to the old basis of year
since, and to offer work to all the former
hands. This firm manufactures an artl-
Gle widely used by railroads in the plac-
ing of rails, and the big orders would in
dicate that much railroad repairing or
construction is now being figured out.
BIG ORDERS FOR STEEL RAILS.
P1TTsBURG, Pa, November 4th. That
outside concerns have agreed with the
United States Steel Corporation to re-
duce the standard price of steel rails
somewhat-perhaps from $2S to $24 per
ton and that railroads have agreed to
place heavy orders is we'll defined
rumor from both railroad office and steel
mills in Pittsburg to-day. No one can !
be found to deny, and there is great re-
joicing among both railroad and steel
workmen. For years the railroads have
fought the $29 price, and rumor has 1t to-
night that they have at last won
STEEL MILLS TO RUN FULL TIME.
PHILADELPHIA, November 4th. The
Republican victory has injected life into
the industries, and announcement was
made to-day in several quarters that full
time and complete forces of Workmen /
would be the rule In Pittsburg, Phila |
delphia. Buffalo and Baltimore steel
mills which have been running on part
time for months announced that they
will open entirely, and in Pittsburg also
it was reported that the Pennsylvania .
railroad shops Will begin Immediately to
run to the limit of their capacity because !
of the sense of stability the election of
Taft has given the industrial situation.
WAGES INCREASED IN SOUTHERN MILLS.
NEW ORLEANS, November 5th. Be
cause of the election of Taft, the bright ,
business outlook and the increase in the
price of cotton goods, the Lane & Magin-
mis- mills of this city and Wesson, Miss,
Yesterday restored the wages of their
operatives, which had been cut 20 percent
last August. A strike resulted, but all
hands, numbering nearly 5000, returned
to work today,
GREAT PROSPERITY PREDICTED.
ST. LOUIS, November 5th. James 3.
Smith, president of the St. Louis bus
mess mems league, predicted today that
St. Louis will enjoy within the next SIX
months the greatest prosperity in its his
tory. He believes this condition will be-
come general Throughout the United
States. Thousands Of orders being pour
ed into St. Louis manufacturers and job
bers,' said Mr.. Smith, ''were contingent
on Taft's election" For the past six
months dealers have been buying from
hand to mouth, waiting for the election.
Their stocks have been depleted and it is
absolutely necessary for them to buy
heavily.
RAILROAD MEN HOPEFUL.
CHICAGO, November 5th. Railroads,
great and small, believe they are about
due to be set with their faces toward |
prosperity. Interviews today with the
&c wow, tbop 6o1on oylat