New-York tribune., 1892-12-04
4 GIGANTIC BARB-WIR TRUST FORMED
IT EMBRACES ALI. But ONE WIRE COMPANY IN
THE COUNTRY.

TIL COT Nlhf
The Consolidated stcd and Wire Company Is the
name Of a large barb wire trust which has Just o''h
orcanlzd and a. there IS only company not rep
r,sonf.d An The big concern The officers al Me uu>l
sav tha, fhcy will have almost absolute c"hifoI VI
the entire trade. Prices however they d''"r'' arr
m l. reduced Instead Of Increased and In that WHY
they hor4 20 Increase the amount 81 c"l>"hlp''"'
The orgauzahn of The trust WIS completed D''h"'f
In addition 10 barlnd wire the big company manu-
ncturc rlnin and galvanized wire. wire rods ana wire
mails. The companies II has taken Dto ihe Told are
h =, Ior, Wire Min Company OF 81 Louis the
u,,ddock Wire Company. of P.u,brrg; the Eimo'rt
4 Bishup Wire Fence Company of Joliet, H.. th' Io"a
Horl, Wlro Company. Of Ae~-frrk ana Nh'N"""'
Penn and the Baker Wir" Company. OF 'h'aH''
Tn. company VIII have offices In this city, lineage.
- Louis Pitt t,burg Philadelphia, san Francisco. ana
g., several southern States but tie main office VIII
n. In Chicag, Tie company was incorpo a;cd unicr
,he law, Of The State oi Illinois and has md III
coultal Of ~ 900 900. The capacity OF the ims III
n' concern E.: Wire rods. G0OOo net tons year
uloln wire. 275.OOO tens. and harhd wire l2o'ooo
ions The daily output Of wire nails Is 1ooo N'S'
e. IT, Rowe, VINO s the N"w-N"rk rcprcs"hta'N"
- the consolidated companl,s, says that The 60 poa
uon Will not do business In way that l. transacted
by otl,r ooml in!tl, Instead of each conn any pay
Ing il, Individual debts and collecting us accounts ~
- generally the case with trusts, the payment oi all
Indebtedness and all collections viii be made rom 'N'
main Office In Chicago. 1hc new cOhlPip' III " VI
.ular uy issued says II + the largest drawers Oh
Main wire and the largest makers Of harb'd wire ana
wire mil, I'm the world. and preparations VIII AT once
IL. made 10 meet the great sIrng demand Tor D'rO'u
,rirc y lch has already made Itself manifest. Last
ming some OF the companc, We're one month late IN
nling their old,rs but next year. the officers OF Inc
corporation say. the state OF affairs Will be diner
ant a, arrangements already are being made 10 Oesh
ia. erection OF blast furnaces steel plant ana Two
additional rod ioing mills, which viii enable the com
many To III orders promptly and compete with 'he
mill, not rprcs,n nied in the tnSt.
The officers Of the new company are Willim r''"
,,rn prcsiinnt John Lambert. vlcr-prsdent Ati'o
rlaofd treasurer: l.. r. Schuer. assistant treasurer
= F. Patterson, secretary, and j. W. Gates grneral
manager. g.
G. IT, Rowe the New-Nork manager OF the CON
olIJl,.d steel nnh Wire Company. said that the cor
ror,on wa, formed for the purpose OF benehths con
,un,rs os well ns the different companies repre- chici
rxnon.e, Viii br reduced under the new arrange
mont hr says, and. there II more money Tor I'm
rrov,mcnis. wire material can be- made cheaper ana
ow picc, will naturally follow.
THE Washlmrn-NCcn Company, with mills In Illinois
aud Wisconsin, Is the only barr d VIE oom.a'y not
ne cntod in the trust. II ha, N"w-lorA Offices al
~ q Cliqst. Mr.. smith ana cIcr:ll other represent
,uv,s RI tie company s"cn y'ster1av, but a."
,,rca ia say what effect the orSanzing OF the ne"
o,nronv would have on their business. They ne-
,rct 10 give the animal output o. the Washburn- MON
cnmn,nv but said II would probably coElhuc I'd Nv
n. much business ~ usua.