The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-04-21
CAN FIGHT TRUST.
Wachusett Thread
Company Has No
Fear OF It.
GREAT PROSPERITY.
Present Quarters Of the Con-
Germ to Be Enlarged
Increasing Output.

eve are in better position to fight
the trust than the trust is to fight US"
This was the Spartan reply to ques-
ton asked President Peter Wood of
the Wachusett Thread Company, with
reference to the proposed absorption by
the trust of all the New England thread
companies which UP to the present
time have not been taken into the COM
Dine
The Wachusett Thread Company was
organized a few months ago, just as the
trust was sweeping the field, and, al
though yet young in the commercial
world, it evidently has a brilliant flu
ture before it. Said President Wood
with emphasis: We have enough or
ders on hand now to keep us busy for
the next four months, even if we do
not receive another new order in the
meantime"
Such has been the business prosperity
that has met this new rival to the trust
that it is to enlarge it's present quar-
tiers, so as to secure more comfortable
dimensions for its business. The
Wachusett Thread Company, which is
now one of the most prominent indie
pendent thread companies out Of the
trust, has leased practically the entire
ground floor of the big factory build
ing at 116 Gold street. and as business
warrants the further extension of the
capacity, the entire building promises
to speedily be devoted entirely to the
thread business. Such has been the
gain that the Stockbridge Machine
Company, which was recently incor-
porated under the laws Of Maine for
$4,000, as told in The Spy, and which
has heretofore occupied part of the
building, has been forced to seek other
locations, that the thread production
may have ample room.
The visit in Worcester is soon ex-
pected of two of the big men of the
English thread interests, W. NJ. Man
love and J. A. Lawton. who are man
aging directors of the English Sewing
Thread Company, which significantly
is the largest stakeholder in the
American Thread Company. or thread
trust, which absorbed the Rnddy
Thread Works of this city. AS their
presence in the thread area of the
country has increased the power Of
the trust, their visit to Worcester may
mean further efforts to secure control
Of the Wachusett Thread Company.
At a recent meeting of the board OF
directors of the American Thread
Company in New York, at which these
gentlemen were present, it was decid-
ed that the present syst-m of running
the business should continue in vogue.
The date of their trip to Worcester is
not set. but will be toward the Close
of their itinerary. There is slight pos
sibility that few of the very small
mills may be closed.
At the meeting in question it was
agreed that there should be no change
in the present scientific schedule of
prices, and the profit should accrue
from the saving in running mills and
in the selling end.
The Wachusett Thread Company
manufactures all kinds of thread for
shoe manufacturers and domestic pur-
poses. The output, which has been 200
yards, is now being rapidly increased
to 200 yards, so that the company
has every advantage ahead Of It.
Charles ]. O'Hara, general counsel for
the company, is now in Maine, and
could not be seen in regard to the mat
ter