Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1909-10-19
Days Financial
News and Gossip.
Boston. Oct. Is.

The fiscal year of Swift & Co., which
ended Sept. 80 last showed gross sales
almost Identical with those of the 1908
year, or about $24o, 100000.
Suit for $4,000 against New York
& Ottawa r. Il. has been entered In
New York by G. II. Turner, for fire
damage to his timber land holdings.
This is the largest suit of it's kind ever
entered in New York
"Holland'' in the Wall Street Jour
nal and the Boston Herald says the re-
turn home Of William X. Vanderbilt
from Europe month or six weeks
earlier than he customarily returns in
the autumn was chiefly due to the dan
gerous illness of his brother-in-law
Hamilton Nick. Twombly, who is said
to be suffering from kidney trouble.
Chicago-Atchison's October car
loading increased Is per cent Lumber
and industrial traffic is moving freely,
but grain shipments are off. There is
no car shortage except that locally
ofticials expect a higher operating ra-
ito on account of higher prices and ex-
tensivc betterments under way
New Yorkshire following orders for
locomotives have been placed with the
American Locomotive Co. Terminal
Railroad Association of st. Louis, 10
switch engines; Norfolk & Western,
five Malett type locomotives; Pennsyl-
Vania Steel Co. and Standard Steel
Ear Co, two switch engines each;
Chicago Junction Railway, four switch
engines; West Side Belt Railway, two
Mallett type locomotives.
Sharon, Pa.-Thc De Forest Sheet e.
Tin Plate Co. has set Oct % for be-
ginning operations. Four sheet mills
and two tin mills, together with all
furnace and galvanizing departments
will start then. The roofing works will
operated nOn-union.
The cost OF building 20 miles of South
ern Pacific Railway of Mexico between
Topic and the point on the plateau,
where the line will emerge from the
mountains at a grade of 1 per cent.
is estimated at more than $4,000OOo.
Minneapolis-James j. Hill has an
nounced the plan of the Hill lines for
a new passenger station in Minneap-
oils to be built in 1910. Plans are being
drawn.
There was traded in on the Boston
Stock Exchange last week an aggre-
gate of 251.51S shares, as compared
with 300,49 shares of the previous
week.
Pittsburg-Sales of $4,000 tons of
Bessemer pig iron are reported at $19,
Valley, or $3.50. Pittsburg, against
$3.50. Valley. done on the important
SO les last week, and S1675, Valley, the
market Sept. 1. The latest sales COW
cred 10000 tons for the first quarter
from the Bessemer Furnace Assoca-
ton to the Republic Iron & Steel Co
and 5000 and 1000 tons respectively for
this quarter between other parties
Total sales at fiat prices since Sept
l amount to fully 265 900 tons. while,
including conversion DEAL ore for
pig iron, and a couple of transactions
amount to $4,000 tons In the very
active year 1906 total transactions at
fiat prices in this market amounted to
$4,000 tens, which was considered a
large total
Massachusetts and New York inter-
osts have acquired the lumber prop
critics of the Adams Burns Co, Ltd, of
Montreal. The property purchased
comprises several thousand acres of
freehold timber land, about 500 square
miles of licensed lands, besides mill.
wharf and offices at bathurst, on tho
Netlslkuit river, Quebec. A new mill
Will be built at once and the log-cut-
ting this winter is expected to total
30 600 0OO feet