The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1896-01-09

AS announced in the 1ntellIgenccr
telegraphic columns yesterday meet
ing OF wire nail manufacturers was
held In Pittsburgh on Tuesday, to con-
slider ways and means OF keeping prices
up. It was stated yesterday that the
cut nail makers were also represented
ut the meeting and that the scheme was
to form combine of all the producers
pf'nails OF both kinds. for mutual bcne-
at and protection,
The Pittsburgh Dispatches report OF
the meeting bears out this idea. That
paper says:
"An important session OF the wire and
cut nail manufacturers OF the country
was held at the Monong0hela House.
and Il Is believed n working comblna-
ton OF the two industries was the OBJ
feet Of the meeting About twenty-five
Arms are represented, and secrecy was
imposed on all present as to what they
met for. at the outstart No agreement
had been reached when the manufac-
tuners adjourned last evening after an
all.day session, and they Will meet
again this morning.
'sThe manufacturers would not deny
that n combination OF their interests,
which have confllcted 10 considerable
extent OF late. was IN contemplation
There has been much friction between
the jobbers and manufacturers on
prices, and something may be done TO
pIaeate them. II combination Is
formed, production and prices viii be SO
regulated as to maintain the rate at
profitable figure. The prices for cut
nails now are quoted at 81 05 for carload
lots and Sc Is for smaller quantities.
Wire nails are offered at 50 2o02 IS.
Before the meeting conferences were
held by the wire and cut nail makers
separately. A Joint session was then
held. which was adjourned several
times to give each class OF manutac-
turers time to discuss the propositions
submitted among themselves. Some or
the manufacturers after the adjourn
ment last evening were extremely an%-
tous to have 1t appear that there had not
been a meeting q the mil manutactur-
ers at ALL"
Those in a position to know refuse to
either confirm or deny the Dispatch
story. 1t is well known, however that
the recent picking up OF the cut nail In
dustry after years OF serious depression
has encouraged the nall manufacturers
OF Wheeling 20 believe that the cut nail
might still have good demand, and all
Interested in the nail industry In GEN
eral have seen that IL the business does
revive in any considerable degree the
cutting OF each others threats by wire
and cut nail men. which has prevailed
in the past. would kill both their trades:
To have nn effective combine 1t would
be necessary TO include both classes OF
manufacturers. and there is little room
10 doubt that such u movement is now
on foot.
The following Associated Press tele-
gram, received late last night, seems TO
confirm the story that both the wire
and cut nall makers are In the COM
bine:
PITTSBURGH, Pa. Jan. s.-The sec
ond days secret conference between the
wire and cut nall makers association
/. OF the United States wound up the busl-
ness they came together to settle After
adjournment one OF the members said
there had been several lively scraps
during the meeting. and for time 1t
looked as though the cut nall men
would Withdraw from the combine: but
finally an amicable arrangement was
made, and for the present there VIII be
no cut IN prices, ririS decision VIII
crafty the jobbcEs, who feared re:
ductIon while they were heavily stocSed
nj high prices,