The herald., 1897-12-31

arficlaa thew resnectively make.
IA ~
i The American Wire and Steel Company
- tha r.v CONTAMINATION Ia tn he called
s'~ A..--. ~ ....,.,.a
~ ~ t"e '@ ~. - ,..'s,.
tory conuiIons Whlch nave eAisteu :" Ina
industry and the overproduction which Tor
some years past has resulted in an ex-
.rreratad .comnetitton between different
!. - ,...,,.,.. a. +ha troaa
e',.' ''.,''''e ea'u Aoea-es -
Inc eaoing concerns N the INDUSTRY
throughout the country are concerned IN
su'teu - ~ = 3s3sy'Ss ~ .o'' oo''pa"s
under .tne utb 3xsn ABOVE win capi-
talization Of tNNn 90 divided equally into
The p,an has nroareased so far that q
.a.,w,..,o., :, .ns,,,s..,. 80 .ooo,,r,on.s
..-.' III e-'. .'.--
IRE - present ensaseo IN d" examination
Of the properties to be included In the
Arrangement for the purpose Of verifying
the representations OF the vendors. and II
= exrect.d nj, uorr ~,,u h. covn,,,.t Al
S,,th,p a srort t,c,s az nat hv Marc,, 10
the NOW cn,, no nv r,,,1 he i,cor,,ororod a I'd
saSa nc.ss.s;r,, Tha conn.rn a. e. 10 M.
svnectad Win exercIsa nrsronderotino
;nfiSsnca' unon 'ths r,onrract,,rs and lie
- ,,,,rs .,,,.e ,od. !. ~ ~ ~. ~, ~ = &c;
49, u, 49, yYas.ss &c.,. NJ ,.ar. ~ -
oSths r,ar - 80 80, ,,,,,,,o , -
sro,,s, I. ~. ha.r nar,s,,ttad 80 roc,',
- cs,r, thst thts d,,,,s,n, ~ .hatr ar :.
r.thar .ha,, ar.- .d,,aroa - s,r,aas - 49,
nhtact ~ a. soha.,a 80 =, r. aSaoS ~
sr.rs "a ~ s,tsnt,nn - ~, eu Is.
taras,s ~ o,rar ,aan,,So ot,,'er. . -, ,s,,.o
- To-. ~ h,r4 - s.,,,s,, 49, ~ III,
manufectrrars ~ wira srho des,re - on,,s-
srtn az Sc,d MI, ~ oSrs,..eS -, 49, 20
rrn,nd ds.irsh,e ara - ~ ,,r,oas as,rad -. :.
thsir n,e n4s sra sa,r :. on ,@s p'es 's"eu AL
Tho cracrer tr,s+ .s ~. o,reoa,, ror,,.
Iariv called 10 ~ incl.,da Tho New ynrr
Biscuit Comnanv the American RakIrr
Cnmnanv and the Tinted States Rar,ne
Comranv tha three iorgast corcarn. ~
thsir Wind In the countrv Th,s deeI wh,ch
II n stated has been nracticsmv consu,n.
mated Involves the Formation ~ a nov,
companv. with a canItai or az IN nm ~.
vjded ,rto ses nro M rrsearrod ~, sco o,o :
oao Of common stock IT ,s stated IN hebs1f
of the orrsn,zers ~ tho nrin,arv Oh
fec+ IA ~ ,nvads rors,sr mo rtats and ona,,
IN an omtiat Tor ths ovarnroduct,on ~ ~
hakeries NJ the limited steteS Arother ~
fhs allared ohtect. "a 10 stah,;sh ~
onerative nr,nctnIe IN tho orra ni-ot,or ~,
vhich The amninvs. Mill he 10000 ~
portunitv to invest their savings in ne
eSrnoration,s securities. though how th,s
ployes does not clearly appear. The fact
that the headquarters OF the new concern
are probably to be In New York is not
conclusive evidence that its stock will
be made an objecNS6fraktention'nn Wall
street, but It Is fair to conclude that the
prelim!naries point that way. while the
alleged formation Of a financial syndicate
- ~ :. ~ ''''
\ +
The American Woodworking Mach,nerv
Cyomnanv incorporated last veet In Nev,
JERSEY. with a canitaI of a oOO o0o :. ths
outcome OF 4 years EFFORTS 10 consoIidate
some OF the larrest concerns Of that kind
includinr alfho,,oh In thia instance thare
fs no annarent irtentjon r. controI the IN
jdustrv. The firms ioininO the comh,natior
are understood to he Rowlpv 3 Hermann
81. wifiis mspnrt Do. The Glen Cove Nc.
chine Comnanv ~ Glen Cove ths
WtIlia msnort Machine Comnanv and the
Iehman Machine Comnarv ~ W,,,so ~
mort. Pa. the Miiwankee Sander Comnanv
Of Miiwaukee. Hovt Brothers (, CO ~ Az.
rors- M. Goodea a waters of Philadei.
Conn. 1t 10 also understood that the Fay
Eagan Company OF Cincinnati may be
purchased later.
The lonr.tal,<ed-of mill tr,at has heer
formed under The laws az New Jersey With
. canita1 ~ TX m M +. il ms o,,;cct ~
the new comnanv to control the RETAIN mill.
trade ~ New York and vicinity IN la.sor
fhe coat ~ min r. the consumer and 70
imnrova' the methods Of CARRYING and do.
Uverv
49,
Tne attempt to combine the bridge manu-
tacturers mas taken the form OF meeting
a. CSeveiano. ONO, OF nearly all the I'M
portaqt interests IN that industry, and II
y soPotea tnat q corporation capitalized
a sioOO0V VIII De the result although the
maue stn apparently Undecided
among orner plans discussed was the con-
ntructlon OF an Immense rolling mill for
me common use OF all the manufacturers
o. bridges. ana 1t Is asserted that even II
tne proposed combination faAs, the cree
t,oI OF the ros'ns n VIII be . undertaken
interests represented at the Cleveland
msesans wnicn included, nearly all the
Tr ys ST.. Dross "@nul@c'ure's OF tne
o"'e. '' = ~
IS
Reports from Washington indicate that
the prospect Of securing majority. for
bankruptcy legislation in both houses is a
! : !; !: !; : J