The Jasper weekly courier. [volume] (Jasper, Ind.) 1858-1922, 1895-05-03

Some OF the Trust. That Are Recovering
fram tae tir-. ~hcek of Eedussax


from tar sir-: shock Of Eeduesa<
Dates.
Many TRUSS were hit hard BY the
new tariff bill and few Were knocked
completely out The reductions ~
tariff duties on ARTICLES manufactured
by trusts was not radical enoagh. and
many 81 TIE trusts that have been II.
great distress since last August. and
have been selling at greatly reduced
prices. are beginning 70 show signs 81
renewed life and activity In mos;
cases prices cannot be pu, back 20
where they Were in Mckinley days.
but the trusts will do the best they can
inier The circumstances. A. evidence
Of wha, they are doing. we note that
one page Of the Iron Age Of March Il
contains mentions ~ tive or six trusts
that have recently advanced. or are
about - advance. prices
The shot trust has withdrawn the
81 per cent discount heretofore al
lowed 10 tonic; buyers. This l. the
second or third advances made By this
trust since January. The present
price OF drop shot up 10 u i si-l5 for
ej-pound bags. 30 cents for 5-pound
bags The price for aj-pound bags of
this same shot was sl.io in July. l>3--
Several advances had then been made
since the passage Of the Mckinley bill
in $500 The Wilson bill reduced the
duty on Shot from , ~ To l Z. cents per
poand II should have taken of the
other half
The bolt trust has advanced prices
abou, . per sent, The manufacturers
OF carriage and machine bolts, bolt
ends. etc. decided upon this advance
at meeting held in New York on
March 10 These manufacturers have
had some kind Of trust ever since
1865. when they began selling from one
list The Wilson bill reduced duties
from . rs ~ ~. cent, per pound We
are exporters and importers ot bolts
and nuts and there j. no good reason
Tor retaining any duty on them.
The window glass trust. which has
been in a very bad way for some time.
j. getting together gain with promise
Of better prices The Wilson bin re-
duced duties on window glass an av-
craze OF about 80 per cent II Il had
been reduced - per cent. the manu-
factErers would have had 70 spend
their tine making Improvements
sadly neeied-in>teai OF holding meet
in-s 70 form trusts which advance
prices and reduce wages There would
have been lower prices. more competi-
tion. more glass made. more wages
paid
The lead pipe and sheet lead trust
announces changes in prices which are
probably advances The Wilson bill
made heavy reduction in the duty on
lead pipe
The barb wire trust. which has been
pushing pr.cc- up during the last
month or two j. meeting with outside
competition. brt il j. expected that the
mill that i cutting prices viii soon
have an the orders il can I'LL. and that
the trust can then dictate higher prices
The tack tru>, has adopted new
price li~i which the manufacturer, say
-'wlll correct inequalities in the present
list bv advancing prices on the smaller
sizes ~ tacks-" This trust has DroDa-
biy made more aud greater advances
our hundreds 81 trusts. Every year !.
makes substantial advances Since
~eptem Der l-9l. prices have been al
vanced from 100 TO 3O)per cent Carpet
;acl.s that sold for Il cents in lsgi now
sell for 81 cents. Gimp and lace -tacsss
worth IL cents in l-si now sell for y
70 81 cents. The last advance will
probably add a few cents TO these
figures
The wilson bill reduced duties on
,aclSs from an average of about Is To
- per cent Our manufacturers are
exporting tacls and selling at reduced
prices TO foreigners and il j. not inn
possible that these tacxs could be REIN
ported at profit after paying 3 per
cent duty II is remarkab bile that this
trust j. able 70 maintain present prices
with only - per cent. duty TO keep ont
foreign competition. Possibly there
is an international agreement whicn
prevents European manufacturers
from selling here and our manufac-
turers from selling in Europe Our
total imports OF tacks in l>9. were
valued at e. Our exports probably ex'
ceedei $1,000 in value. All Of on,
manufacturers are IN the present com
bine Five of the largest constitute
the Atlas Tack corporation.
BYRON W. EoLr.