South Bend news-times. (South Bend, Ind.) 1913-1938, 1915-04-08
SIGNS OF PROSPERITY

interests regard the domestic situation
with equanimity.
More than 60 per cent of the New
York transactions was limited TO spe-
cialties and to the common stock of
the Chicago, Rock Island and Pacific
railway. Motor and equipment issues
and others far more obscure con-
tributed an unusually large quota.
While these stocks were changing
hands in blocks of a thousand or more
shares, United States steel, Anal
gamated Copper, Reading and the
Transcontinental railroads were lag
ging behind.
was regarded by many as an indication
Of an impending contest at the an
nual meeting April u.
Bethlehem Steel, however, despite
recent gains, lost two points for the
Gay.
Industrial Advance shown.
The tangible evidences of improved
industrial conditions came from many
sources.
copper industry in Montana early this
week, the lake district is now respond
ing. Reports from Calumet, Mich,
announce that the Tamarack mine at
that place, which was closed during
the strike of 1913, will open today
employing 500 men. The Hancock
mine has resumed shipping after a
suspension Of eight months. A large
force of men will be employed immc-
diately.
All mines in the Lake Superior cop
per district are increasing their cut
put and are adding men to their
forces.
A dispatch from Houghton, Mich,
says the Copper Range mines have in
4
cent, effective today. There are $500
men affected in the three mines and
in the Red Ridge, the Beacon Hill and
and Freda stamp mills.
Raises Miners Wages.
The Quincy Mining company an
nounced an increase of five per cent
in wages, restoring half of the reduc-
ton made at the outbreak of the war.
From Butt, Mont, came reports that
Anaconda miners pay will be increas-
ed about % cents a day.
The copper market is active and
strong. Demand is aggressive and
steadily growing larger against de-
pleted stocks Of metal. Western mines
and smelters are working their plants
up to full capacity. 1t was predicted
yesterday that both Montana and the
Lake Superior copper industries will
be running at full capacity by the
middle of April.
Shipbuilders Feel Impulse.
Industrial activities extend from
coast to coast-from the shipbuilders
on the Atlantic and the New England
textile mills to the middle western
steel and iron industries and manu-
featuring lines of nearly every char
acter throughout the west to the Pa
ciflc, where lumber and extensive pro-
ducing lines are rapidly reaching
normal
The revival in cotton also has fur
nished stimulant in the south and the
activities there are growing greater.
In arbitrating the wage matters be-
tween operators and miners in Hazel
ton, Pa, a 10 per cent increase in
wages was awarded TO the men.
The Ellsworth Galleries &C. at
Washington, Pa. put its COkeburg
plant in full operation yesterday, en-
ploying 1000 men. The plant has been
practically idle for four months The
Mariana mine of the Pittsburgh
falo Co has resumed operations with
500 men. The plant has been idle six
months
Work for More Men.
Several hundred additional men
were put TO work in the steel mills at
South Chicago and Gary yesterday.
More will be taken on gradually until
many departments Of these plants are
brought TO normal.
The largest factory at Chicago
Heights here opens today after a long
shutdown Two thousand men were
returned TO work. other factories here
report big business increase.
Our collars have tie space, no pull
ing. no swearing.
-Advt. CITY STEAM LAUNDRY