Bismarck weekly tribune., 1889-10-04
That i the Amount Two English
f Syndicates Invest In Ameri-
can Industries.
The Investments Are the FIGURING
Mills of Minneapolis and the
Breweries OF the: East.
The Spokane Falls Boodler Bound
Over Base Ball Broth erhood
Lease Grounds.
English Capital In America.

English Capital In America.
CHICAGO, Sept q. The expenditure of
$780, 900, 900 by two English syndicates for
the control Of an extraordi binary aggregate
of the industrial enterprises in the United
States was completed in this city to. day.
Levi Mayor, q well known Chicago lawyer
was one Of the agents in the great pur-
chase, and to him was left the matter Of.
making public q summary Of the transac-
tions, or rather, ,,san extended series of
transa stions. "a pair of London corpora
.tions, headed by the present lord mayor Of
London, Sir Henry Isaac, are the buyers,
The syndicates include in their member.
ship great number Of British bank
ers and trustees of large estates in the
United Kingdom. No business was ac-,
jquired far them in the United States
which has not paid at least 121144 per cent. a
year for the past five years. Grain eleya-i
tors, Touring mills and breweries have
been the favorite investments. The man
will be placed in American boards Of
directors, subject to the control of the
board. .sDOesn't this tend to the establish.
ment OF ia
AHUGE BRITISH TRUsT?"
Mayor was asked this morning .Oh
no; Oh, , mo" said he, There is no combina-.
tipn. Each enterprise.i is operated separately.
and distinctly. The plan is not one
and Investment" Hostile legislation
it is learned has been cleverly evaded. The
alien law of Illinois, for example, prohibits
any sale Of real estate to foreigners. It
was designed to prevent the acquiring Of
farms in Illinois by 9 certain British land
syndicate got GOT around this statute BY hay nNs
ing the ownership Of the necessary real
estate Incorporated ana then acquiring the
stock Of the company, which legally is
ape ersOnap not .sreal" property. The deal
embraces q chain Of elevators from
the Minnesota and Dakota wheat districts
to Chicago. The syndicate's Touring mills
in Chicago and the east. The purchasing
committee, or at least two of its members
whose identity has not been disclosed, left
Chicago this morning en- route to the north
west and intending to go from there to
Omaha and Kansas City, where further
Titles of the following properties have
already been SIS
TURNED OVER TO SyNDICATEs:
The Bemis 6 McAyoy breweries of Chi
cago, tAe Wackei q IE blrk DIeWerles o1
Chicago; the Albany brewery Of Albany,
N. Y; the Jones brewery Of Detroit, Mich;
the the Homck Ion * b brewery ~ Of % Newark' yk' n -:
United States breweries of New York; ia
portion OF the stock OF the Schocdhafen
brewery r. OF Chlcago; the Star elevators OF
minneapolis, seventy.slx III NUMBER; the
H.sW.yanqnsen system OF elevators OF
Rochester, Mimi, ninety in number; the
Cargill BROS. elevator system Of minnesota
and Dakota; the baltimore breWerles OF
Baltimore, Nd; =. Braastads Hancock
IRON mines OF Hancock, M1ch;i the
k0chester DreWerles of Kochester, n. ..
Arrangements for the following were
also concluded ana the transfer VIII
take place Wltnln, I rev days:yF. y.
Dawes 6 brewery OF Chlcago: the PllisDury
flour mills OF 4 M1nneapolis,.M MINI; the wash
burn Hour mills OF minneapolis, MINI; tae
Syracuse brewery OF syracuse, M Yt
Negotiations for Two extensive elevator
systems IN chicago are well advanced, put
not yet consnmmated. Ine Gity ~ ~ C0ntrac5 aoa
the trustees ana executors S1 ers go company OF
0AAO otsAAtS ny W.