The Saint Paul globe., 1899-03-04
MILLIONS OF DOLLARS AGGREGAT-
4 ED IN ADDITIONAL INDUSTRI-
AL COMBINATIONS
ONE PROJECT GOES TO PIECES
Manufacturers of Breakfast Food
Unable to Agree and Money VIII
he Returned to Underwrfters-
Trust Fever Spreads to Canada
New York Syndicate to Acquire
Cuban Tobacco Properties.
S12S,5OO,OOO
6O,OOO,OOO

NationaI Tube Co 6O,OOO,OOO
Pacific Am. Fisheries 100000
Havana Com. tobacco) 2O,OOO,OOO
baking powder combine 2O,OOO,OOO
New York MIX Trust 17,5Oo,OOO
Lace paper combine 100000
Union Rag & Paper Co. 27,OOO,OOO
Dominion Fish company 100 plants
Arcadian Copper New properties
baltimore Ins. Cos. Combining
CHICAGO, March 3.-The Tribune
says: The news market in trusts is
booming and is unique in the one par
-ucular that the past twenty-four hours
nave seen one gigantic combine in Chi
cago the American Cereal company
rail- into shattered fragments After a
long conference, the projectors of the
worldwide monopoly in breakfast
foods announced that subscribers to
the underwriting of the company would
receive back their money
While this combine was failing of
Accomplishment, however, the an
fEouncement came from New York of
the formation Of the National Tube
+. company, capitalized at $50, ,00O, ,000 and
OF the final success of the Pacific
American Fisheries company, whose
charter authorizes a capital of S. 5000,-
GOO. New York also furnished news
of the completion of the stock sub
scriptions for the Union Bag and Pa
per company.
In Chicago tacit acknowledgment
Or he oF
: baking powder combine was in proc
ess of formation to carry the name
, of the Royal and to embrace the Price
: company.
1t was announced In Toronto that the
Canadians had caught the trust fever,
and that 100 fishery plants In the Do
n1inioE had agreed to ask the parlia-
/ ment to incorporate the Dominion
Fish company" The proprietors of
the London England lace paper mo-
nopoly reached out into the West and
acquired at an expense of sec, 900 the
lace paper plant of the Western Pa
per company of Milwaukee. A syndi-
cate is announced in New York for the
requirement and control of the tobac-
co plantations and cigar factories on
the island of Cuba. 1t is to be known
as the Havana Commercial company
and will be capitalized at $40, 900 ,000
There are indications in Boston of
some tangible outcome to the long
continued gossip regarding a copper
trust under control of the Standard
Oil magnates. The Arcadian Copper
Mining company has secured in the
Lake Superior district about 2,1OO acres
Of va l1;1 hla mineral AlJa1
to these varied activities In the trust
formation industry is straw from up
Fer SanduSky, O., showing a tendency
to complete the burial casket COM
! bine. Moreover, there is announced in
Baltimore the consolidation of two in
surance companies.
One cloud on the shining prospect OF
general trust formation is in the fact
that the Buckeye Fish company, Of
Cleveland, has been organized by for
mer trust members to fight the first
trust. The outcome of this struggle
is matter for the future.
Word has also been received confirm
Ing the consolidation of the various
whisky and distilling trusts into one
great company, with capital Of $12S,-
800. 600. A charter for the new combi-
nation will be applied for in New Jer-
sey within few days. The interests
joined in this latest combine are as fol-
lows: The American Spirits Manufac-
turing company. s35 900, 900; Kentucky
Distilling and Warehouse association,
$32, 900 900; the Rye Whisky Distillers'
association. $50, 900. 900; the Standard
Distilling company, s24,0OO,OOO; the