The evening times. [volume] (Washington, D.C.) 1895-1902, 1899-10-24
A PHOTOGRAPHIC TRUST.
Camera supply Men Forming N Bia
Syndicate.

4
Camera supply Men Forming Bia
| Syndicate.
ROCHESTER. N. Y, Oct. PA photo
graphic supply syndicate. consisting OF
eight frms-five in this city and three out
side-is in process Of formation here. The
| purpose of this syndicate will be to manu-
| faeture cameras and other supplies used by
photographers, with the exception of films.
These will not be made, the syndicate pre-
ferring to purchase them from another
company. Rumors that the new combina-
| ton would be formed for the purpose of
competing with the Eastman companies are
strenuously denied by the promoters OF the
new syndicate.
The facts upon which the statements are
| founded were given out in an Interview by
Harvey e. Carleton, general manager of
the Rochester Camera and Supply Com
pany.
1T is expected said he, that combf-
| nation. syndicate or trust, whatever you
| may call it, will be formed by the photo
graphic supply companies in this city and
/ two or three others for the manufacture
| of such commodities as the name suggests.
| Five Rochester firms will be members of
| the concern and probably three other firms
! in outside cities. They have not yet de-
| cided, so | think mention OF their names
would be premature. The Rochester firms.
| however. are the Rochester Camera and
Supply Company, the Rochester Optical
Company. the Gundlach Optical Company.
the Ray Camera Company, and the Monroe
Camera Company. The headquarters will
be IL this city. We purpose to make cam
eras and other supplies, with the exception
| OF films. Those we intend to purchase. as
heretofore, from the Eastman, Company.
! Right here / want to make IL perfectly
clear that the formation of this syndicate
| has not been proposed for the purpose OF
competing with the Eastman Company in
any way"
| Mr. Carlton stated that at present ex-
| perts were engaged in taking inventories
| of the stock and examining the books of
| the component firms for the purpose of re-
| porting upon their condition at the first
meeting which may be held for organiza-
| ton.
NEW YORK. Oct Accommodating upon
| the combination Richard A. Anthony,
| President of the E. & H. T. Anthony Com
pany, Photographic materials. of this city,
said:
I'VE have nothing to do with this comb-
nation although heard recently that such
movement was contemplated. / presume
the object of this combination is chiefly &c
unload the plants on the public l think
all the Rochester camera companies have
made money and they desire to sell at the
| tide of prosperity. My understanding is
| that they propose to capitalize at $500. eco
and offer the stock for public subscriptions.
That capitalization represents the value OF
| the plants and the sum on which thsir past
| earnings may be presumed TO pay good div
idends in the future. Whether they can
| raise the $4,000, eco I Go rot know. and I
| do not think they could do il in New York
| But they could certainly 90 it a great deal
| better in Rochester, because the Rochester
| people are well acquainted with the profits
| made by the Eastman Company, and are
| prepared to invest in the stock OF the came
| "a factories. There are more cameras made
| in Rochester than in any other city in this
| country. 1t is one OF the leading industries
| of the town. In fact, there are few. camera
| factories outside of Rochester. We have
| one at New Haven and others al Cresskill
| and Greenville. n. j.: Chicago, a small one
at La Crosse, Wis. and two small ones in
| this city.
| The Eastman Kodak Company is Owned
| by the Kodak (Limitsd) Company of Lon
| don. which has a capital OF $4,000 600. Then
thsre is the General Aristo Company. with
| headquarters az Rochester. and capital of
| 81 000. eco. which is controlled by the East
! man Company | haven't seen the pros
pectus of the camera companies in Roches-
! ter. The companies can undoubtedly re-
| duee expenses by combining, and that is a
| legitimate object of combination. We
haven't seen any changes in the quotations
OF the prices of cameras in anticipation of
this combination, and il may reduce prices.
l have not heard that the combination is to
| fight the Eastman Company"
| Mr.. Anthony was asked about rumor of
combination of dry plate manufacturers
| all over the country. He replied:
| Il have heard of such a combination.
| but there is no immediate pros
| pect of its success. There is great deal
of rivalry among these manufacturers. and
| they do not seem to get together Possibly
| some outsider may be able TO organize
| them, but if the initiative is left TO them.
l am afraid it will be some time before they
make combination
1t was also reported yesterday that there
\ had been a recert combination Of all the
Photographic paper concerns in the country
/ under the name of the General Aristotype
| Company. and that it had been formed IN
| der the laws Of New Jersey.