The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1888-12-12
THR CUT NAIL MAKERS
Form a New Association With
Headquarters in Wheeling.
ITS OFFICERS WHEELING MEN.
The Pooling Plan SO Far Modified as
to he Substantially Abandoned.
The Gard Fixed at 81 90.
Objects of the Move.

There was a largely attended meeting
OF the nail manufacturers held yester-
day in this city, in the directors room
at the Benwood iron works Office. This
was the fourth session held in the past
month, the object being to formulate a
pooling plan or devise other means to
remedy the bad condition OF the cut
nail market, and to do away with the
evil effects of cutting prices and other
results of too earnest competition. AT
the first meeting, held in this city sew
eral days ago, n plan for cut nail pool
was presented, and it has since been
under consideration, n large commit
tee OF the manufacturers having met
twice and considered it thoroughly.
The result was to so thoroughly modify
the original scheme OF organization Us TO
leave little OF the original idea. The
pool is done away with, ut least for the
present. In its place was organized yes.
terday an association somewhat similar
to the Western Nail Association, some
time since defunct, but having broader
scope and many new features which il
is thought will make the organization
more effective for the end aimed at.
All the nail mills OF the Wheeling
district, which includes those on both
sides OF the river from Benwood and
Bellaire to Steubenville, were repre-.
scented at the meeting, and besides there
were present prominent officials of the
Norton Iron Company, at Ashland, KY,
the Kelly Iron and Nail Company aud
the Belfonte mill, OF Ironton, Ohio, and
the mill at Middleport, Ohio, owned by
King, Gilbert 4 Warner.
The session began before ten o'clock
in the forenoon aud continued until
about p. N. 1t was held with closed
doors, but after adjournment the Secre.
tary OF the meeting, NJ. O. Z. Irwin, OF
the La Belle mill, gave an lNTELLlGEN-
GER reporter an account OF what was
done.
1t was unanimously agreed to form an
association, the members OF which agree
to stand by each other in maintaining
prices and preventinga number Of petty
annoyanCes and serious drawbacks which
have crept into the business gradually.
The organization was called the West
ern Cut Nail Association, and its field is
the entire Western nail trade. Mr.. j.
n. Vance, OF the Riverside Company,
was elected President, and MIR. Ed
Hazlett Supervisor. The headquarters
OF. the association will be in this city,
and Mr.. Hazlett will keep an Office here
exclusively for the management Of af-
fairs pertaining to the Association. The
choice OF Mr.. Vance and Mr.. Haalett as
the officers is regarded by the public as
an important and long step toward the
success OF the new association.
The card rate was fixed at 81 90, with
ten cents off for car load orders and the
usual discount for cash payments.
1t is not the intention OF the associa-
ton to restrict the output or control the
sales Of members. 1t is aimed to enable
the mills to operate on an equitable and
uniform basis, and to make 1t possible
for them to run more steadily than here
tofore OF late.
All contracts for nails for future de-
livery will be held us other contracts are
and enforced strictly, and an effort will
be made by concert OF action to get the
trade back upon business-like basis.
There will be no more cutting OF each
others throats, but each concern will
maintain the Associations card.
The steps taken yesterday again make
Wheeling uominally what she has al
ways actually been, the headquarters
and centre OF the American cut nail
trn1a