Telegram-herald., 1890-11-21
CONSOLIDATED
Gigantic combinanen Of Har-
Ysstsr Machinery Makers.
faaas Sig Cenpsnses Forsnss ioso
Oas Orssaixstion With Cap
Ital 81 ass. 600 600.

eled a. spring aela Ae1Res2as Thls
neB corpor4Elon is oae 81 the largest ia
the eoantEy ana e0t pflsss tsenty Ire
n0Neg ana re2per factories. al
lhe euttes-1a factories IA the
coantry ana manF twine and cord
sse works Is capital stock IS So
CQe eOo and IL Rlll 90 tie mower ana
reaper business Il the por.4. The al
rectors % the rev cun1rSny VIII 10
CYRUS "A NcCoFmlck. William Desring.
lion Walter a. ~ oo1. LeNis Miller.
Colonel A l. loarer and 6ensfal A. y
BasnneA Iae plans u ghis great COR
p0r4t-on were drawn Up IN Akron, 3D., aud
we're brought 70 completion last Friday
az the Auditorium Hotel, where me
heads oi departments and heavy stock
holders IN the corporations interested
were IN secret sess. on FOR four days
The following are the concerns inter.
ested:
Mccormick Harvesting Machine Company
william Deering ( Co. Chiesse Plano Manu-
f&c.nIinS Company. Rockford H. Minneapolis
Harvester Works; Milwaukee Harvester
Company; George Esterly & Co, Whitevater,
Wis: Ames Whitley Co. Springfield
Barnes Misunderstanding Company. and Em'
pire Mower and Reaper WorEs Akron. %;
the Walter A. Wood Mover anc Reaper Com
pany EoOsick Falls. y. Y. c. Aultman & Co.,
Canton. o JohnstorI Harvester Company,
Batavia. \. Y. ID. s. Morgan & Co, BrVekpOrt.
n y, Adrance. Piatt & Co. Poughkeepsie.
\. Y; the Richardson Manufacturing Com
paHy Worcester. Mass; seiherling. Miller &
Co, Doylestown, O., ana Hoover s Gambls.
Mismisourg. Q.
This is an actual consolidation and
not trust, every concern losing its
identity and working under 4 corporate
head known as the American Harvester
Company. The country Will be d.
vided INFO three grand divisions.
with manager for each. and,
while nothing definite has been
settled, II is said that Colonel
Conger will be made manager OF the
Central division, Walter A. Wood Of the
Eastern. and L. K. Butler OF the West
ern. The output or capacity Of the new
corporation will be about $50, 600 now
ers and binders annually. IL will en-
ploy an army of so, coo men and will
have 10000 agents.
Colonel Conger, who has spent some
time upon the matter, was seen at the
Auditorium Hotel and ques toned con-
corning the now company. He replied:
Tho new company is organized for the pur-
pose OF building harvesting machines can
recall over eighty different companies engaged
In the business which have failed, entaiing
loss upon farmers la5oring men, manufaotur-
ers bankers and 'other people OF between 49,
0050o0 and s<oO0OOO While SINE CON
ness was in such condition that some change
became necessary to give the farmers better
machines and at lower prices, If possible.
and without disaster TO the manufacturer.
The only way 10 accomplish this was
by the formation of an entire new com
pany, and tho names Of the director. mentioned
will be sufficient guaranty that the company
viii DO successfully and conservatively man
aged We have not decided upon all The ON
GERS, but il IS understood that Mr. Mccormick
is to be president Mr. Wood vicc-presidcnt
ard Mr.. Decrins chairman Of the board OF d.
rectoFs."
No new buildings will be erected and
no establishments viii DO closed. The
several concerns which have hitherto
been operated as Independent competi-
tors will hereafter DO operated under
one management The force of sales
men viii be reduced, as there will no
longer DO the fierce competition in
the field which now exists. The com
pany proposes TO make binder-twine.
This, however, is largely matter of the
future. At present the binder-twiae
industry is controlled by trust
The American Harvester Company al
ready has two twine factorios-one at
h
Deering works in this city. These fac
tories will be run up to their ca pacity,
and unless satisfactory arrangements
with the Irvine trust can be effected
new factories will probably be built
The company does not propose 20 be at
the mercy of any trust whatever.
Under the new regime the machines
will be materially improved. Hereto
fore the most valuable mower and
reaper patents have been held by q
dozen different firms, each OF which
controlled its own patents absolutely
and was debarred from using the patents
of the other firms Now the individual
concerns are joint owners Of eli the
patents.
The object Of the formation OF the
American Harvester COMPANY is 10 make
money. At the same timo the gentle
men who are at tho head Of the new en-
terpriss claim that the prices
OF machines Will be lowered.
Tho expenses Of operating. advertis-
ing and marketing will be much
reduced under the new plan. Foreign
agencies will be- omb!ncd. All shi D.
ments to Australia. FOR instance. will De
handled by single agent at sydney or
Melbourne hereafter, whereas each con-
Germ now has It's own Australian agent.
The immense savings. IL IS
claimed, will permit reduction
In prices and also leave large
margin Of profit for the company. The
new corporation is q stock company and
tho PROFITS will be distributed pro rata
according 70 the amounts Of the stock
Subscriptions u is understood that
one Chicago concern has subscribed si1.-
COO 900 and another s, 600, oe0 70 the
new enterprise.
HHnsts Federation % Tahor.
Quincy. I'll. Nov 20 The coavsr-
ton Of TIE Illinois STATE Federation o,
Labor. in sess.oa in this city. ADOPTED
resolutions Wednesday recon ueadGnT
the adoption q ths A8strslIsa ballot
system, stricter sdbsrencs 70 tbs
eighthour lsu. advising The zppoi 1T
msnt Of Committee q investigate tbe
sin~ls-taK theorT ard report upon TIE
"A ~faerl 1ltu ~ = ~s~.- . .r-e-.~.-.f -