The representative. [volume] (St. Paul, Minn.) 1893-1901, 1894-11-07

Sugar trust, and, like the Nickle-
Plate deal, they yanked off the pot.
Another trust that is said to have
dabbled in politics and whose finan-
cial strength is almost equal to that
of the sugar combine, is ID. G. f., or
the Distilling and Cattle Feeding
company. This combine is western
product, having their headquarters in
Peoria, ILL.,, the greatest whiskey pro-
ducing region in the United States.
The trust controls the majority Of the
distilleries of the country. The
Whisky Trust, the common name Of
the trust, is corporation organized
under the laws of Illinois. When the
present concern took form the distil-
leries, including the cattle sheds and
Distillers' and Cattle Feeders trust,
were transferred to the present multi
million trust, which was organized in
1890. The capital stock, par value, of
the company is $35,0O0,O0O.
WHISKY TRUST AND ITS MILLIONS.
'The fluctuations of this stock have
been Of such a nature during the last
year and half as to attract the at
tention of the entire United States.
From Y the stock has dropped to II,
and now sells in the neighborhood Of
20, with predictions that it will go to
50 before Christmas, but these predic-
tions are nothing else, with very little
substantial foundations. d. G. f. is
a very uncertain stock, as is attested
by the millions that have changed
hands and the fortunes that have
been wiped out in big margins since
the great slump. AS many as $4,000
shares have been traded in a single
day on the stock exchange; very little
money has been lost by the Washing
ton public on this trust, although l
can recall that last fall western con-
gress bought 500 shares of the stuff in
the neighborhood of 50 and placed 20
per cent margin on it, which was
wiped out of existence in three days.
about third in the list stands
Edison General in the matter of
capitalization. This is the General
Electric company, a corporation put
on foot under the laws of New York
1t was organized for the purpose of
manufacturing all kinds of electrical
and other apparatu with the power
to acquire and hold and deal in stocks
and securities Of other companies,
manufacturing, dealing in, or leasing,
or in any way dickering in electrical
apparatus. The company at is incep-
tion acquired the plants of the follow
ing companies: The Thomson-Hous-
ton, Edison General, and the Thorn
son-Houston International. The COM
bine, as matter of course, absorbed
the major portion of the stock of
these separate concerns, which were
allowed to maintain their individual
ity and name in organization. The
authorized capital of the combine is
$5O,O0O,O0O In 1892 there were listed
on the New York stock exchange over
thirty millions common and about
four millions preferred stock of the
com binatiOn. At present internal dis
sessions exist between the Bos ton and
New York end Of the trust, with the
Boston group on top. Mr.. Edison is
no longer connected with the com bine
in an official capacity, have been
frozen out by the men from the east.
OTHER BIG TRUSTS.
Coming fourth on the list is the
Lead trust. This concern or combina-
tion controls some thing like thirty ex-
tenSiye lead manufacturing plants in
New York, Pennsylvania, Kentucky,
Missouri, Illinois, and Ohio. The con-
Germ produces white lead and kindred
products. The capital stock of the
combine is SIS 100000 OF this sum
$50, coo, 900 is preferred stock, which
was issued on per cent cumulative
dividend basis. 1t was organized in
1891 and is a New Jersey corporation,
SO to speak.
II cannot recall the capitalization
of the trust designated as "Chicago
Cas- but to my mind it is as strong fl
nancially as the sugar combine. 1t
was incorporate in Illinois in 1887 to
acquire the gas properties Of the
Windy city, and how we'll the original
purpose of the incorporators has been
kept is attested by the fact that the
monopoly now has exclusive control Of
the gas lighting of that big city. It
has under it's wing about dozen com
panies, and in 1892 secured the Chica-
go Gas Light company. an organiza-
tion incorporated away back in 1915.
OIL AND STOCK CONFINES.
"Then there is the American Cotton
Oil company, or "A. G. O. with it's
thirty millions and over of capital.
This trust came into existence with
the general flood Of trusts in 1890, and
succeeded by reorganlza ton, the
American Cotton Oil trust This is
also New Jersey corporation, as most
OF them are, on account of the liberal
trust laws in this sta tie, and is manu-
featuring and mercantile organiza-
tion, producing and dealing in the
products OF American cottonseed.
The principal products are cottonseed
OIL cottonseed meal, cottonseed bulls,
and the like. The concern owns some
thing like $50 manufacturing proper
ties, including crude Oil mills, refiner-
les, lard plants, soap factories, cotton
ginneries, fertilizing mixture estab-
lishments. and cotton compressorS.
- trust that is up among the lead
ers as to the size of its capital, but
about which there is really little
known, is consolidated Cas- or, to
give its right title the Consolidated
Gas company of New York. 1t was or
ganized in 1884, and is one of the
oldest Of the great combines, and
when it was organized the leading
light concerns Of New York city were
gohbled up, with a capital $35, O00, 900.
"AnOther close combination is the
N. L. o., or National Linseed Oil
company, whose capital is in the
neighborhood Of $4,000, 600. 1t was
Orga niZed in 1887, under the laws of
Illinois, and controls over 100 plants
The present concern grew out of the
National Linseed Oil trust.
"When the rush came in 1889 to Or
ganize big combines the tobacco field
was not to be left in the lurch, and as
a result another $35, 900, 600 trust was
launched under the stock exchange
title of "A. T. c. or American Tobac-
co company. We hear little of this
com bine, but to my mind it is one Of