Publication: The Jeffersonville News
Jeffersonville, IN, United States
BEGINNING TO BOOM.
Reports from nearly every town in the natural gas belt were published in the Cincinnati Commercial Gazette of yesterday on the outlook for better times. At every point the reports are most favorable. The statement is made from Elwood that the indications are not wanting to show that a healthy industrial condition is prevalent. A general increase in wages is expectcd. But few idle men are to be found at this point. The plate glass works have resumed and will be run indefinitely. A large plant for the manufacture of a boiler separator to prevent rust and clogging is to be built immediately. The tin plate factory resumed in every department with 1,500 men this morning. Sufficient orders are in to keep the Akron Steel Forge Works, located at Elwood, running summer. A. C. Sieberling and R. C. Beatty, the latter a warm friend of George Taylor and visited here with him, are looking for a location for the biggest tin| plate works in the world. A bonus has been asked which will be given by Elwood and it hs been, about decided to locate there. They will employ 1,000 men and the pay roll will be $1,500 per week.
The Heddrix Furniture Factory has increased its force.
Alexandria reports the industrial situation much brighter than for sometime. Wages are increasing. All branches of industry and lines of business apparently feel the beneficial influence of increasing prosperity and it is evident that a healthy tone prevails in all lines of trade.
Kokomo sends out the tollowing: Every department of the plate glass factory was put in operation this week at a largely increased capacity, working about 900 men. The operatives were given an increase in wages of 10 per cent. The Hemingray glass Company at Muncie will run all summer instead of closing down, as usual. Work will be confined to tableware to compete with non-union factories which do not close down during the fommer months.
The American Wire Nail Company, Anderson Ind., recently received the largest consignment of steel billets or steel in any shape ever received in Anderson on a single bill. It was a train of 22 flat cars loaded to the limit. One engine was not sifficient and another was tacked on, the two moving the heavy load with some difiiculty when it came to a stanstill.
|Date completed:||January 22, 2013 by: Bob Stahr;|