The herald., 1896-07-16
MARKETS OF THE WORLD
Local, Eastern and Foreign
Commercial Dealings
WALL STREET SPECULATION
The London News Reports Good Coffee
Scarce in England
The Fight In the Match Business-The Gould
Mtilioua AuaiaSf he ntsn,onh
WALL STREET SPECULATION
The Plight In the Match Business-The Gould
Millions Against the Diamond
Hatch Company

writer in the Lancet laments that
good, wholesome, pure coffee, free from
chicory. is not brought to the notice of
the public by advertisers as much as
>tea, chocolate or cocoa is. AS he OBJ
serves, those who have Travelled on the
continent know that a cup of excellent
coffee can be obtained at an almost
trifing cost, and know what an excel
lent stimulant it is. Why, it is asked.
should this be? And, why, on the other
hand, should coffee, even in the homes
OF the rich in this country, be too often
wholly undrnkable? That there is no
fee is held to be proved by the fact tina t
the best is made in the simplest apparat-
us-a plain earthenware jug. This, with
boiling water and reasonable amount
Of berries freshly ground, is all that
is required. Both the demand and the
supply of coffee in this country" adds
the writer, "are diminishing but more
extended knowledge of it's value as a
stimulant and as an article of diet
would insure it's increased use and in
due time its reduced price. e."-London
News
The Diamond Match company, which
has about all the wholesale grocers tied
up with contracts in such shape that
they are unable to handle the goods of
any other firm, has opposition which
may break it. The millions of Edwin
Gould. who owns the Continental Match
company have been turned against the
trust, and the conflict is waging very
bitter. The Diamond company practi-
cally refuses to sell its matches to
any wholesaler handling Continental
matches, and this has done much to keep
the jobbers in line. Mr.. Gould has met
this. however, by buying large guam
titles OF the Diamond company's matches
and selling them to the jobbers cut off
by the trust.
The purchase of this supply of Dia-
mond brand matches has been going on
during the past twelve months, and is
said to have accumulated to such an ex-
tent that the Continental Match COM
pany has three large warehouses COM
pletely filled with goods made by the
trust.
One obstacle which the Continental
Match company encountered in plac-
ing the Continental match on the market
was in the refusal of consumers to
When wholesalers finally began to push
the product of the new company the
trust refused to sell to Cny wholesale
house which handled the goods of the
Continental Match company. The lat
ter corporation is now in position to
either flood the market with Diamond
matches and break the price, or he can
peddle them piecemeal to wholesalers
who have been blacklisted by the trust
The Continental Match company is In
for a hard fight against the trust. II
is pushing to completion a new and ex.
tensive plant at Ogdensburg, N. Y. This
factory is located there because 1t is
near the timber supply, where wood can
be obtained cheaply. The machinery Is
now being placed in the factory, and
work will begin there within q, Eeiyv
weeks. This addition will more than
double the capacity of the company.
One of the methods of the trust has
been to make yearly contracts with the
wholesale dealers. by which the latter
pledged theS.selves to handle no other
brand of matches. Heretofore the trust
has had little difficulty in renewing
these contracts, but during the past few
months several large houses in Chicago
and other western cities have refused to
local jobber, when asked his opinion as
to the effect of the fight, expressed the
opinion that the facilities of the Dia-
mond Match company were much more
modern and expensive than those of the
Continental; hence the latter. he
thought. could scarcely hope to COM
pete with the trust.
The situation Is complicated by the
statement that during the last few
companies for the manufacture of
matches have been organized, each of
which is to ultimately have capital
of 81, ,000, ,000k-Grocery World