The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1908-02-29
rpN FACTORIES PUT TWEEN
7Y THOUSAND MEN TO
WORK AGAIN.
,i..sburq and other Eastern Steel
Mills Report Heavy Trade-cotton
and WooIIen Mills OF New England
Also Report Better Prospects
Railroad Wage Reductions Deemed
Not Likely.

ana men. who were thrown out Of
'nlovment by the closing of factories
81. and railroad shops throughout
l La United States at the beginning Of
.ro recent panic, were put back te
arl, during the past week. Industrial
oonditions are rapidly resuming a nor
nal aspect.
-4oo1 mills report heavy trade. An
o.aor for $500 tons of structural steel
hos been placed in Pittsburg by the
rbicaqo & Northwestern railroad. The
baltimore & Ohio and the city OF
cleveland have also contracted for big
shipments.
At Johnstown, Pa, work has re
u,ned in the Bessemer department OF
tbo Cambria Steel Company, giving
endowment to 1000 men. At Wells
Vile, O., nearly all the industrial con
oorns have gone back to work on full
schedule. after a shut down of a mum
bor Of weeks. More than 5000 men
arc employed in these concerns.
Factories and mills in Northwestern
Connecticut opened on full time last
Monday, with better prospects for q
continuance.
Big Plants Resume.
Among the assumptions were the
Chase mills, the Mechanicsville Wool
on mills, the mills at Woolson and
Perryville, the Arlie mills at Baltic
the Sterling Dock Works and the Nc
Nickol Textile Novelty plant at Jew.
eli City. A number of other places
in this section increased the number
of hands at work. The cotton mills OF
the Pepperel Manufacturing Company
at Bedford, Me-, and of the York Man
ufacturing Company, of Saco, go back
to full time today. About 5000 opera
tves are thus given work.
Among the railroad shops to resume
work are a number in the West and
Middle West. At Salt Lake, the local
shops of the Denver & Rio Grande
railway, which closed on February Ia
for an indefinite period, reopen with a
full force this morning, furnishing
work for more than $50 men.
The Kansas City Bolt and Nut
Works, which has been closed since
January l On account Of financial con
ditions, resumed work last week with
a force of 600, which will be increased
to 700 men today.
Cotton Mills Working.
The Kansas City cotton mills, EN-.
ploying $50 hands, and a number OF
smaller plants, have also resumed.
After a shut down for number OF
weeks, mill No. 2, of the Puget Mill
Company, at Port Gamble, has re
Sumed operations, giving employment
to the usual force. Mill No. Is still
closed.
Deposits in the national banks Of
Chicago are now the largest in their
history The money panic, so far as
the banks are concerned, is completely
over, and confidence has been re
established among country institu
tons. Deposits of the national banks
at the beginning of business February
ID were $245,051,S24. The last previous
high mark was made May 20, 1907
when the total was $340,496, 702.
Having satisfied itself that the large
railroad lines in the East do not in
Tend to reduce wages now and hear
Ing encouraging reports from the West
and South, the committee representing
The railroad brotherhoods, which has
Oeen in session in New York, ad
lourned Saturday night.
Men Are Satisfied.
On behalf of the committee, JohI
Norey, of the Order of Railway Con
ouctors, said: I'VE are satisfied now
mat no reductions in wages will take
pace, whatever may have been the
original intentions of some Of the rail
roads. After conferences with the Off
Gals, We can now announce that the
new York Central and all the Wander
oilt roads, the New York, New Haver
Hartford and other large lines viii
continue the present wages. We were
also promised a continuation of the
present wages on the Hartman ani
Hill lines"
Last weeks stock and bond market!
were kept unsettled by some yer.
WaSuc liquidation in special secur
tues Which resulted in acute weakness
al those points and aroused consider
'oie apprehension as to the causes
which might lie behind this urgen
selling. The general list Of securitie'
nevertheless showed good resistance t,
ae sympathetic effect Of these points
VI weakness. The course of events
was regarded as Offering evidence o
a cneck to the movement of contrac
Don IN general business and industry
on money some hardening tendenc.
vas perceptible and raised the Ques
uoa whether the limits Of the declin,
" interest rates had been reached.
Workmen Called Back.
D cumberland, Md, Feb. 24.-At TIL
ho alomore & Ohio shops and roun,
lO ouses in this city nearly all the ful
Issued men, besides a number of ca