Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1915-08-06
FINANCIAL NOTES

Imports of general merchandise at
New York for week ended July II,
totaled $19.9S2,259, an increase of
$4,O63,8S4 over last year.
Westinghouse Electric & Manufac-
turing company will build four build
ings for manufacturing of war NUM-
lions at East Springfield at cost of
$25O,OOO.
Our statesmen from Texas, Oklaho-
ma, Alabama, Mississippi, Tennessee
and Kentucky who arrived this week
report dry goods conditions in their
territories are good, says the John v.
Farwell company Of Chicago.
Fidelity Trust company Of Kansas
City, one of the largest in the Middle
West, has become a member of the
federal reserve system.
Returns of New York state trust
companies, in response to June 90
call show increased resources of
5,966,933 over March 10.
City of Paris has been authorized
to bring out issues of f.20,000,000
bonds to run from months to year
at 5H and per cent interest.
The high record of exports for a
month in the history of New York
was reached in June with $142.502,-
655, compared with $60.2O8,921 for
June a year ago. In May of this
year the exports were $132,594,962,
and in April. the'previous high rec
ord, $135,125,73O.
American Can company has closed
$40, 100000 contract with Allies, at
handsome profit.
Maryland Steel company, controlled
by the Pennsylvania Steel company,
has let contract for an expenditure
of $1,OOO,O0O in connection with the
enlargement of it's marine depart
ment.
A million dollar order for heavy
motor trucks to be used in Europe
has been received by the Cramm-
Bernstein Motor company of Lima,
Ohio. 1t is understood that the
trucks are for Russia.
American Car & Foundry will man.
ufacture 2,1O0 of 5000 box cars or.
dered by Russia at it's Madison, ILL.,,
plant, beginning September /. Pro-
duction will run SO cars a day.
Swedish state railways have pur-
chased 100000 tons of West Virginia
coal. Including the purchases in
February, amount of American coal
recently sold to Swedish state rail-
ways is 10000 tons.
Notice was given to 5000 workmen
by the Locomobile Company of Amer
lea July 81 that profits would be
shared with them. The plan is to in
crease wages proportionately with the
increase of product.
Employees of the Colt Patent Fire
Arms Manufacturing company were
informed July 81 that bonus Of ~ n
per cent would be paid to all, based
on wages earned and dating from
May l last. The action was volun-
tary on the part Of the company.
The Wolverine G. Mohawk Copper
Mining companies in paying their
1900 employees July 81 included an
extra check for per cent of the total
wages of June as bonus because of
high prices at which copper is now
selling.
The first bale of the cotton crop
reaching the port Of Galveston was
recently auctioned at the Galveston
cotton exchange and brought % cents
a pound. 1t was classed middling,
good style, good staple and we'll han
died.
The Jones & Laughlin steel works
at Pittsburgh has received a large
order for rail spikes from the Balti-
more & Ohio.
The Hercules Powder company an
nounced July 80 an increase of 20
per cent in the wages of all employees
who have been in the service of the
company Is days.
Announcement was made at the
Bethlehem Steel Works July 81 that
general increase averaging 10 per
cent for all the employees in every