The advocate., 1892-02-03

OF the lncOrpOratOrs Of the company. That gen.
tleman declined 70 furnish them ''fOr the pres
ent." he laughed quietly when asked II the
Farmers Alliance had equal representation on
the board Of directors. But his face assumed a
grave expression, and he shut his mouth tightly,
and shook his head negatively, when asked II
the National COrdage Company was interested
In the National Union Company In any way. AT
the moment Mr.. Balch made this denial one Of
the typewriters emerged from the adjoining
room and sat down beside Mr.. Wilson 70 take
dlctatlOn from him, but In response to q few
murmured words from Mr.. Wilson she arose,
glanced at the reporter as though he had been
the subject OF the remark, and returned to her
room. (While he was In the offices Of the Ma
tional COrdage Company the reporter observed
that this same typewriter, with her companions,
were In the service Of that company When the
girl retired TO her room the reporter noticed that
Mr.. Wilson and an assistant clerk were quietly
watching him, and were apparently listening to
the conversation with Mr.. Balch.
. =
THE TRUSTS ENORMOUS POSSESSIONS.
The reporters observations on the third floor
Of the two buildings, and his experience with
Mr.. Balch, convinced him that the two COM
panles were intimately related to each other,
despite Mr.. Balch's denial to the contrary. Ex-
tended and careful inquiry In business centerS
brought to light the facts that the National
COrdsge COmpsnyiS the widely known "Jute
and COrdage TrnSt," or, as it Is sometimes
called. the "Blndlng TWlne Trust;" that this
trust owns all the cOrdage and binder twine
mills In the Dominion Of Canada, and every
cOTdage and binder twlne mill In the United
States, but two. and has options on those two;
that the business Of L. Waterbury & Company
constitutes the principal part OF the trust; and
that the trust has total paid In capital Of S15-
100000. POor'S Hand Book ofInvestmont Secur-
tiles for July, 1891, states that the National
C0rdage Company CoF the trusD practically owns
the following cOrdage and binder twine mills:
L. Waterbury & Co., Of Brooklyn, N. Y; VIII
liam Wallis Sons, Of Brooklyn, N. Y; Elizabeth
port COrdage Co., OF EllZsbethpOrt, N. j.;
Tucker & Carter COrdage Co., Of Brooklyn,
N. Y, Xenia Twine g. COrdage Co., Of Xenia,
Ohio. Rlnek'S Sons, of EastOn, Pa; Akron
Twlne & COrdage Co., Of Dayton, KY; Harold
r. Lewis g. Co., Of Philadelphia, Pa; Randall,
GOOdale & Co., Of Boston, Mass; Baumgardner,
Woodward & Co, Of Philadelphia, Pa; New
York Cordage Co., Of New York City; Atlas
Cordage Co., Of New Orleans, La; Lawrence
COrdsge Co., Of Brooklyn, N. Y. Ohio COrdage
Co., Of Akron, Ohio; william Deerlng & Co., Of
Chicago, H.; SsWall B Day COrdage Co., of BOs-
ton, Mass; George @. POOley, Of Buffalo, N. ";
Boston COrdage Co., Of Boston, Mass; Standard
COrdage Co., of Boston, Mass; Day Cordage Co.,
OF Cambridge, Mass Peru Twine g. Bagging Co.,
Of Peru, Ind. Mlamisburg Binder Twine &
COrdage Co., Of MlamlSburg, Ohio; Galveston
Rope s. Twine Co., Of Galveston, Texas; Field
COrdage Co., Of XenlS, Ohio; MiddletOwn Twlne
& COrdage Co., Of Mlddetown, 0hlO and the
following cOrdage and binder twine mills In
Canada: New Brunswick Rope & COrdage
Works, Of st. Johns, N. B.; 0ntaria Steam Rope
Works, Of Toronto, Ont; BranlfOrd C0rdage Co.,
Of BrantfoFd, Ont; Dartmouth Rope Works and
Dartmouth Jute Mill, Of Halifax, N. g.; Quebec
Rope & Twlne MIL, Of Quebec, Que; Lachute
Rope g. TWine MIL, Of Lachute, Que.; Montreal
Rope & TWine Works and Montreal Bag Works,
Of Montreal, Que. Port Hope Rope & Twlne
Mill, OF Port Hope, Ont.
Both the independent authorities consulted by
The Voice and "PoOr's Hand Book" agree In
giving the Oflcers Of the trust as follows;
President, James M. Waterbury; first vice
president, Frank 7. Wall; second vice president,
ChAuncey Marshall; treasurer, Elisha M. Fulton;
secretary, Caleb P. Marsh. The officers, with
T. r. Brinckerhoff, John A. Tucker, Willard P.
WhltlOck and W. +. WALL compose the board Of
directors John @, Furman Is the transfer
agent of the trust.
Since the reorganization Of the truStin August,
1890. lt has paid dividends at the rate Of per
cent. on It's preferred stock and 10 per cent on
common stock
CAPITAL OF THE NATIONAL UNION COM
| PANY.
Good business authorities said OF the National
II u