The Jersey City news. (Jersey City [N.J.]) 1889-1906, 1892-01-04
LITHOGRAPHIC TRUST.
Rumors Of An Important
New Syndicate Com
ING.
INTERESTS JERSEY CITY.
Heppenheimers' Big Firm on the
Heights Will Probably Be
Concerned in 1t.

There is much excitement among the
photographers employed in the big Hep
penheimer firm on the Heights over
Iumored "shut down." which will prob
ably only be temporary. even should 1t
eventuate, rs the result of the formation
of lithographic trust The trust itself
seems rather misty at present, the only
apparent foundation at present being the
fact that prelimary meeting was held In
New York Saturday afternoon, the o. Ject
of which, it is said. is the consolidation OF
the various firms represented with cap
ital stock of S12,U00.00O.
Among the firms which had representa-
tives at the consultation were +. Hep
penheimer. George S. Harris & Sons,
ShumacKer & Ettinger. the Knapp Com
pany, George H. Buck, aud the Glles
Company. These concerns also have
large branch places in Chicago and other
cities, and do aDont three-fourths OF the
lithograph and plate advertising
of the United States. they
claim tn at in recent years there mas peen
snch sharp competition in the business
that they have had very narrow margin
of profit, some of the smaller houses
being unabe to keep up. Efforts nave
been made to end this strife ana IL ID
stated that it was finally concluded to
form one bi company.
ALL THAT is KNOWN.
The parties TO lne alleged agreement
are very reticeuL as to its provisions. 1t
is Known, however. that under It's terms,
if carried out, the preseut firms will be
absorbed in the American Lithograph
Company, which will have its principal
Headquarters iu New York city, with
branches in all the large cities OF the
country.
Appraisement will be made of the value
of All the plants that enter into the COM
pany, and the value fixed will be paid
for the stock OF the company. The
present proprietors will remain III
charge of their respective BUS
inesses for time at least. III
order to reduce the cost OF conducting
the affairs of the company, all the branch
offices in Chicago, New YORK and Phlla.
delpha wi be consolidated, and similar
arrangements will be made to econo-
,nze in the cost of the production OF
work in the several branches OF the busi-
ness.
1t is not known just how many firms
will enter tue company. but it is desired
that as many as possible get in. As soon
AS all the arrangements are completed,
officers will be elected.
An effort was made by a NEWS reporter
to see some one connected with the Jer-
sey City firm, but all its members were
out of town. A member of the firm of
George S. Harris & Sons is the only one
interested who has made any statement
for publication. He says that the al range
ments are still very incomplete.
The object is not to put up prices. but to
enable the manufacturers to cheaper the
cost of production so as to enable them
to maintain present prices.
The magnitude Of the proposed trust is
SHOWN in the fact that it proposes to
engage in every class of illustrated
advertising and lithography. One OF
The principal classes of work of
the firms that have entered the com.
pany is the manufacture of drug and
cigar box labels. In fact. nearly all of
this class of work that is now printed il
by the firms which are named. ana this
will practically give the company mon
poly Of this branch of the business.