The Helena independent. [volume] (Helena, Mont.) 1875-1943, 1893-01-14
THE WHISKY TRUST. {
Will Buy In al Stock and Take II on the
Market

PKonIA, ILL.,, Jan. 13.-An important mest-
Ing Of prominent distillsrs In ths tru1t Ma
held at headquarters In this city t0-day,
and action Of most important nsturs Was
taken in view Of the fact that Wall Stssst
speculatoTs arc bearing the market 5ot The
purpose Of buying back. II was decided 70
purchase the entire stock, II possible, and
| remove II from the market. There was
abundant capital represented 1t the meet
ing to do thia. Tho profits OF the trust now
smount 70 1900. coo per month. and the
month will be the largest ever known. AZ
they now control 81 per cent of the distil-
| lerles, they are In position to dictate, -
shown BY the rise In prices of their product
OF 20 cents per gallon within the last month.
Developments within a few days are sx-
pseted to bs Of tho most imporsant chsrae-
ssr. No attention 10 being paid 10 nsws-
pRner accounts of distilleriss TO be crested
everywhere to fight the trust
Tho whiaky trust has formally sdoptsd
she TAkamine process and will commence
work under it immediately. This action
will completely royolutionizs the whisky
manufacturing business. The process will
be used in all the distiilsriss owned and
controlled by the Distillsrs' and Cattle
Feeding company. A telegram has bssn
rsosievsd from J. =; Grssnhus. OF Psoris. an
: capacity Of 5000 bushels day. will b
fitted ont immediately for the applias-
tion Of the Takamine process of making
alcoholic spirits. That means that
whore the company now pays u cents
wine they will pay but 1.s cents under the
new process. Tho distiiling combine has
had control Of the Yakamine process for
two years. during which timo practical rs- .
sults have been obtained in the expert
ments. bnt ths officials were all disposed %
AM lat - q.
ago that Mr.. Hsnnessy, In q published in
tervIew, speaking for the combine. said
that the Takamine process was good ons
and BY it, adoption the company would mot
fear any kind OF opposition.
Jokiohi Takamine. the inventor of the
process and a director in the Takamine
company. read his report Jan. of the ex-
periments conducted at tho Manhattan
distiilery malt house, where the basic prov
erty "koji'' 10 grown, and the combine off,
GERS. to a man, declared that il had been
demonstrated that the process would revo.
lutionize the manufacture of alcohol.
Besides reducing the cost from l2 cents
to 1:8 csntslfor given quantity Of alcohol.
it effects q saving of II cents on each bushel
Of small grain. With the capacity of one
distillery of 1000 bushels sach day the saw
hs1go9 n9 in srae n. .ha sR spos % hsn.
at last found out that tho TAX
erful weapon to defend the spirits
trade. Not only in that line. but in the
cattle. feeding branch, will great saving
be effected. By the old process the refuse
from tho mashes was worth $11 per ton.
The refuse from the Takamine tubs is
worth for cattle feeding about SO per ton
more. Another feature OF the new process
that 10 pleasing to tho whisky people 10
that, in ths continuous running OF Z dis
tillery. there will be an over yield in this
process Of two quarts Of alcohol to the
busbel