The Hartford republican., 1914-12-04
FOREIGN ORDERS
FOR WAR SUPPLIES
Contracts Aggregate $4,000,
600 for Ships and War
Materials.

brought back from Europe about SOC,
100000 in contracts to be filled by
the Bethlehem Steel Corporation
and its affiliated companies, says the
Wall Street Journal.
Various reports have been in cir
culation as to the value of war or
ders booked by the Bethlehem steel
Corporation. most of them pure in
ventions. Ii can be said, however,
that orders already booked will tax
the capacity of the ordinance and
shipbuilding plants of the company
for a lonug time to come. 1t is more
a question of capacity than orders.
Some reports have placed Bethle-
hem Steels war orders as $780,
100000, but orders of such magni-
tude would require several years
to execute.
No statement has been made as to
the European nations that are or
dering guns, submarines, projectiles,
etc., from the Bethlehem Steel Cor
poration,, but it can be surmised
that Great Britain and France are
the principle purchasers. The con-
tracts will be pushed to completion
as rapidly as possible.
The purchase of the Fore River
Ship-building Company year or
two ago enables the Bethlehem Com
pany to turn out a complete battle
ship, fully armored and equipped.
The company will also work on the
construction of submarines and 9TH
er war vessels.
The products of the Bethlehem
will be in use by nearly all of the
belligerent European countries. A
year or more ago the Bethlehem
Steel Corporation sold a large num-
Der of guns to Germany, and these
have already been mounted on bat
tleships of that country. The Beth
lehem has sold battleships to Greece
in competition to the Krupps.
From now on the works of Beth
iehem Steel and its allied companies
will be beehives of activity, and the
results are expected to be very pro-
fjta.ble. 1t would not be surprising IL
the earnings of the current year
compared favorably with 1913, when
the surplus was equal to Z per cent. |
on the preferred stock and over 27 |
per cent. on the common. However. !
this is merely an estimate.
Foreign Orders Continue Large.
The Corbin Shoe Company. Of Wor
chester, Webster and Marlboro, Mass,
is reported to have received an Or
der from Europe for $l,sOO,OOo
worth of shoes, on which it is work ]
ing day and night. The Grafton &
Knight Company, of Worchester, has
contract for 10000 scabbards,
said to involve nearly $1,000,000. !,
Two large orders for revolvers are
reported in the same district. Fifteen
thousand employees of the General
Electric Company, at Lynn, were or
dered TO report for work on full time
after having been on half time Tor
sine weeks.
Jones & Laughlin Company, Carne ,
gle Steel Company, and Carbon |
Steel Company are reported to be
turning out total of $50 tons of :
steel bars daily, TO be shipped to
France for shrapnel shells.
Chicago dispatches say that Fred 5
erick S. Fish. president of the Stu !
debaker Corporation, brought back {
from England, wagons sleds and i
other equipment aggregating s15,- !
100000. The Jeffrey Automobile I
Company has an order from England [
for 500 automobile trucks and the [
Jackson Automobile Company, of q
Jackson, Mich, has contract with [
France TOR $1,000, 900 worth of ma S
chimes. [
Ford Motor Company. i
A year ago the Ford Motor Compa- 7
ny began its profit-sharing scheme v
for employees. Today every employe a
js depositing in banks, or investing r
In homes and lots, an average of f
s1S.76 a month. These workmen il
are buying homes, on contract. val C
ued at nearly $5,OO0.000, on which I
they have paid nearly $1,200,OO p
The gain per man in bank deposited il
Is 1901 per cent; in life insurance o
B6 per cent, in homes owned S71a Il
per cent. and so on down the list. d
Between 1000 and l.1OO foreign d
employees are learning English at the a
Ford plant, taught by other Ford EN- "
,loyes, who have caught the spirit of
he cooperative movement and are \
loing the teaching on their own time
Without intrinsic reward
Hhi1d dran Crxy I