New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1890-06-10
THE CRACKER TRADE COMBINING.
NC COMPANIES TO WORK UNDER ONE MANAGE
MINT WITH LARGE CAPITAL

RIG COMPANIES To WORK UNDER ONE MANA"E-
MINT WITH \ LARGE CAPITAL
Tho cracker manuic urcrs Of the country nave per
,cc,cd their scheme FOR the formation oi 'oho.ha-
ZION mr. trust which shall have absolute control Of the
,.ns,rr Tho immediate result VIII be the concen-
,,,op NJ the various branches Of the trade IN the
commercial centres, under one management ana III
many instances under one roof. In Ne"-lor" cry
work has already begun for the erection 81 ma"''
factory with a capacity Of making 1000 bafr'N oi
eo,, day into crackers The structure VIII be on me
north side OF Fifteenth ST.. near Nlht'-aNe'' "''
will cost not les, than 81 C0OOOO
rho nroicct Of forming such trust was set on 1901
ovnr six months ago but at Hrst many OF 'he
promnen manufacturers refused to 20 INTO II. Inert
are reports in circulation TO the ehect tnal eo' "
the principal houses regarded the movement ~
spcrulailve one engineered by the DIAMOND ""''"
Company Color Wac given to these reports DS 'le
fact that George r. Johnson president Of thst co'p'"
-. one ~ me leading advocates ~ the scheme'
Mr. Johnson Is now treasurer Of the trust the >e"'
York branch Of which Is known as the Ne" io'A
Biscuit Company. Until three weeks AGO inc r. ~
Kennedy Company which has extensive iao'o''' j."
Cambrdceport Mass. and Chicago. declined 10 10 mo
,he movement but il finally yielded ana ms acu"h
made the success OF the project certain homes
contts of New York, also refused at hf'' 10 Jo''
hut tbcy too came to terms a few days aso
The Nrw- York Biscuit Company was orCanzch WIN
q c,pjial Of $4,000 900, stock for when mas be'h
cr soon will be- issued 10 the manufacturers "no'o
r,pts have been absorbed All t1c principal factories
N the Middle and New England states have been SON
outright TO the new company. but for the present Y
will continue in operation under the management OF
thcir former owners In this city among inc 1ac'o'lS
purchased were those Of BrncEerlloh TO- '"a'I'S
= Goodwin & Son, william F. oattorhcld, Holmes &c
Coutts the standard Biscuit Co., the lrcaf"eh "
Harris Baking Co. and the F. A. Kennedy company
,bn last named being branch Of the Cambrldgcpor'
ronsc inst how the stock is apportoncd 10 'he
sccrs Of plants will not be revealed by the ocer, OF
Tho t,lsf hut IL is known that IL Will be IN proPoHoh
~ tho bushes, done by each IN the past IhGrF ulS
srrancement the T. a. Kennedy Company viii nave
tho largest individual interest In the new Ore'A'"'
bnf no, sufficient of course. 10 give II control .
Tho officers of the New York Biscuit company arc
President ". II. Moore. u Chicago, secrc,aty Ila
treasurer George T. Johnson president OF me Danoud
Match COMPANY: general MANAGER Joseph l. Ahes.
Mercautilc Exchange Those interested IN the move
men, desired II be understood that thcrc was no
intention 10 advance prices. The combination was
formed they said. prevent some firms from 'n hs
price, below a prOhabic Inquire, ana Dy ''oII,'- ~,
resource, 10 establish the business upon more SUD
stantia basis. TT, 49,, .,o., o,t
The New York Company is really the eastern chd
~ tho combination although distinct In orsaDzat on
and opcratpn from tho two other companies IN inc
Wcst vith which II will work IN harmony 81 thcse:
The United states Baking Company, with caPthl OF
-, 900 600 includes tho cracker bakeries OF Penn
svIyania Ohio Indiana and Michigan and the Amer
can Scuit and Manufacturing Company, Whose capltaI
:, 900 600 embracing the factories OF 81 LOUIS,
chicago Milwaukee. St Paul, Minneapolis, Denver,
and other places in the West and Northwest