Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1910-02-02

whether the drill has struck another
Calumet conglomerate as rich as CAL
u'het ana many times wider, or has
really pierced the two Lake lodes one
OF which has been developed in the
Lake property. and the second one has
oeen cut by the shaft. but is as yet
unexplored.
Pittsburg-The Pittsburg district was
tie weakest spot in the country las,
| week, in the countrys pig iron market
just as 1t was the strongest in demand
for crude steel and finished iron and
steel products. Consumption of steel
has been quick to rally after the GUS
tomary lull after the holidays. Mills
in the immediate vicinity of Pittsburg
experienced a real shortage of billets.
Merchant bars also were short of fill
ing the demand and mills refused Of
fers On bars at $50 and higher. on de-
| li"erles running through the second
quarter. .tt-s
New York--In commercial value. our
silver product last year was the small
est since 1871. value of the 53S49. 0O0
ounces being s2s.010.1O0. making the av-
| erase price 52.016 cents an ounce.
Chicago-National Packing Co does
total business of around $3.50. 0o0. 0o0
a year or between so per cent and 80
per cert. as much as that of Armour
& &C. and Swift {; Go.
| Previous to the naric the Swift in
tarests We're the largest holders of the
stock, hut now the Armour people are
the largest stockholders. They are rep
resented on the directorate by J. Ogden
| A Np
Roberts
| New York-There were brought into
sight last week 1S5. 295 bales of cotton,
| com pared with 360374 bales last year
and 1856 bales the year before.
| The seasons movement to date in
| $50 days included S.290,602 bales COM
! pared with 10.551,59S bales last year
and S.1SI.77. bales the year before. Es-
| Inmates fer southern mill takings are
| $4,000 bales against 1,646.0 900 bales
last year
There was noticeable Improvement
in the equipment situation last week.
and there are a larger number of Or
ders in sight than since the beginning
of the slump in November Of last year.
Orders for more than 1000 cars and S9
locomotives have been placed since
| Jan. u. and the railroads are in the
market for about 1900 cars and $50
| locomotives.
New York's leading distributors of
| miscellaneous dry goods have every
thing in readiness for an exceptionally
large retail buying movement. Elabo-
rate preparations have been perfected
' fer an exceptionally good spring sea-
son with extensive stocks on hand.
Minncapolis-That 500 line, in an
| ticip2tion ultimately of establishing
| through service from Chicago to the
coast, is about to undertake a more
direct entry into Minneapolis. is re-
ported in railroad circles. Three sur
yeying crews in the field, one west of
st. Croix river. one between New Rich
mond and Somerset. Wis, and anoth-
er between Owen and Marshfield. Wis.
are said to be employed by the 500.
New York--For per cent. stock.
Colorado e. southern is making re-
markable showing. In six months of its
fiscal year it has earned a dividend
surplus of s2,013,S12 Annual dividend
requirements on the three classes of
stock are but s1,300.000 With a half
year to be heard from. Colorado d
Southern has earned full years divl-
dend or the first and second preferred,
with 43 per cent. on the common. al
though the latter received only ] per
that npriOd, BEAION.