The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1884-04-29
THE BIG NAIL POOL.
ALLEGED COMPLICATIONS ARISE,
Whiet, ith sald, will An,el tho OH J.etoftte Com.
llnatioa-Hhesllux aad pl.lIbursh rlrma who
arc said 10 have Dtcllntd 10 Sign the Agree.
/ q. - msnt-Steei Nails enter Into tho Scheme.

PITTSBURGH, April 2S.-Tho spring crol
Of rumors, which Is rather more abundan
than usual this year, has among many 9th
er things, political, industrial and what
not, assalled the nail pool and intimatct
that there Is a hitch Of no inaignifcan
proportions baking the scheme. Las
week this paper stated that tho Bellaire
and Riverside nail factories OF Wheeling
had declined to Sign tho pooling agreement,
and this has since been confirmed. The
Ase Of Steel now comes to hand all the way
from st. Louis TO state that "during the
laat week complications have arisen which
may defer final action In the matter (the
perfecting Of the pooD for weeks OF posi-.
bly, month";" How far this is true may
be gathered from the following report Of a
conversation with Mr.. A. F. Keating, Of
Zug & Co. sr .ty
"1s there any serious obstacle to the com.
pletion OF the pool2"
mo, know Of none. The tack manu-.
iacturers were two years organizing their
pool; We can not expect to do the same
work IN two weeks. There arc certainly
come difficulties to overcome, but none
that can be called irsurmountable-in
fact, none that l see that can not be ar
ranged within q remarkably abort time."n
1T is understood that Jones & Laugh
Inns and Morehead Bros. & 90. decline to
''They have not as as yet signed, but there
is no opposition on their part that could be
regarded as seriouRly affecting the ultimate
SUCCESS OF the pool. They will be all right
at the meeting to be, held on May. A."
"There is "a question relative to tho 20
percent advance demanded by the Anal.
gamated Association on cutting steel nails
Won't this keep out tho Jefferson, Bellaire
and Rivereide2" i,:gs q:.a:sisii,l.ISS-s.
"Of couiss that will have to be fixed.
The steel nails will have to compete with
iron nails, and they can't il the manufac.
turers must pay 20 percent higher ior cut.
ting. However, that matter, too, will be sat.
arranged by the time the meet.
ing in May comes round"
"But will not steel nails bring a sulli.
ciently higher figure to make up for the 20
percent advance for cutting ?"Y
Hardly. If the new nails are to com.
pete successfully they will have to come in
on even terms at least. Their, lighter
weight and consequent greater number
will be no recommendation. Carpenters
want heavy nail and they will have none
lighter than the iron nails now made. II
Iiwere to build house for myself the first
move I would make would ba to order
dozen kegs OF nails made extra heavy."l
The inference from what Mr.. Heating
said, though he would not Say 60 in express
terms, is that the ateel.nail clash will BIO
scftened down to harmsnious lone in
keeping with the pool picture as it will ap.
pear when perfected by firm refusal TO
accede to the 20 per cent. advance de-
maAded by the Amalgamated Association
for cutting. At the meeting on last Wed.
nesday the details Of the pooling arrange.
ment were without result 10 anything more
than determination to defer action until
the next regular meeting, which, as has
been stated in the foregoing, will take
place on the 14!h prox.; therefore the tele-
gram sent hence to the newspapers Issued
on Thursday to tho effect that the papers
we're signed on "Wednesday was an essay
in the realms OF fiction. !, ~: :,