Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1899-03-21
TWO MORE COMBINATIONS,
In Which Plttsburg Capital Viii
Figure Largely.

CINCINNATI'S COAL SUPPLY TO
BE DEPENDENT UPON A TRUST
THAT WILL CONTROL THE EI.E-
VATORS-A WEST VIRGINIA
CORPORATION TO OPERATE
THEM-WINDOW GLASS MANU.
FACTURERS TO MEET IN CHI
CAGO TO CONSOLIDATE THE
BUSINESS.
Pittsburg, Pa, March 20.-Pittsburs
capital is about to figure in more COM
binations. Some of the biggest coal
interests doing business at Cincinnati
nave been merged into one concern and
number of representative window
glass manufacturers left last night for
Chicago to consummate the proposed
WINDOW glass trust, if possible. The
former combination has been complet-
ed, while the latter is hanging fire.
Inc Cincinnati Coal Elevator Com
pany is now fact. 1t embraces four
OF the largest river coal shipping con-
Germs in the district, the only firm
being out OF the combination being that
OF w. II. Brown Sons. 1t is expected
that it will be in line before long. The
deal was closed here to-day. These Of
ficers were elected:
Hugh Moren, president; John II
Jones. vice president: W. ]. Wood.
treasurer, and George w. Theis. secre-
tary.
The four elevator concerns in the
new corporations are the Excelsior
Coal Company. controlled by James
Jones q Sons, and the Northern Bank
OF Kentucky; the Collier Budd Coal
Company, composed of the Advance
Coal Company, W. w. O'Neiu Coal
Company and t. ]. Wood: the Queen
CITY Coal Company, composed of w.
}. Wood, Pacific Coal Company, T. M.
jenkins & Company, and the Crescent
Coal Company, and the Pittsburg Coal
Company. which has two elevators
and embraces the C. lutte & Company
and O'Neill g. Company. There are
eleven large coal elevators in Cincin-
natl. The new combine has taken five
into its fold. Those still out are the
Kanawha Coal Company, Consolidated
Coal Company, Winifrede Coal Com
pany, Campbell Creek Coal Company,
Marmet Coal Company, and w. II.
Brown Sons. The new company is
chartered under the laws of West Vir-
ginia with capital stock OF 81 900.
with the privilege OF increasing it to
100000. At the meeting to-day it
was decided that the capital stock
should be the latter figure. The new
organization now controls about IA
100000 out of a possible 40 1000 900
bushels of coal shipped to Cincinnati
annually.
/ Another attempt will be made to put
the window glass trust on its feet in
Chicago tomorrow when a meeting
will be held in that city. II. Sellers
Mckee and VIM. Loeffler and number
of other local window glass manufac-
turers left for Chicago tonight. They
would not make public their mission.
1t leaked out, however, that the window
glass industries of the country are To
be formed into one gigantic combine
with a capital stock Of $25,000,000 II
will be chartered in New Jersey. II Is
learned from reliable sources that the
main obstacles to the combine have
been removed. hence the meeting In
Chicago. After a year Of hard work,
options have been secured on nearly
all of the large plants. II is predicted
that within sixty days the trust will
be in operation. There is a committee
Of three making a tour of the plants
to compare the figures on valuation.
They will render a partial report at
Chicago tomorrow.