The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1899-11-04

UNIV w 20 OPeag0 IL 4AS19S3 WASAA
Harry Norwood IN Charge DE
tails Of the Big Continuation.
To-day the nineteen companies in the
National Glass Company tableware
combine). including the Crystal at
Bridgeport the West Virginia at Mar
tins Ferry and the Riverside at wells-
burg. win close down for taking Of
stock, Operations viii be resumed as
soon as this work is completed. The
details Of the consolidation have Just
been oficlally made public, and show
that 1t Is stronger than was supposed
by those on the outside, notwithstand-
ing the withdrawal Of the United States
Glass Company.
The combination embraces nineteen
firms with total capacity Of SIS pots,
which show an earning during the past
year, by sworn statement, that win pay
the interest on the new combinations
bonded Indebtedness and 10 per cent on
the stock issued. There Is not particle
OF water in the stock, the factories hav-
ing been taken in at their appraised
value, which amounts to 4,OOOOOO. The
deal was financed by Whitney G steph-
enson, assisted by the Union Trust
Company and T. Mellon & Sons, bank
ers Of Pittsburgh.
There are eight concerns on the OUT
side with capacity Of $50 pots. They
are as follows: United States Glass
Company, Pittsburgh, $50 pots; Taren-
tum Glass Company. Tarentum. Pa, a.
George Duncan's Sons & Co., Washing
ton, Pa, l6; A. H. Heisey & Co., New
ark, o., ~ Bryce, Hlgbee & Co., Home-
stead, Pa, "a; Bryce Bros, Mt. Pleas
ant, Pa, "a; Central Glass Company,
wheeling. w. Va. 70; Bonita Glass
Company, cicero, Ind, %.
The nineteen companies included in
the combination, with the pot capacity
OF each, are as follows: Canton Glass
Company, Marion. Ind, 80; Central
Glass Company, summersvllle, Ind, II;
Crystal Glass Company, Bridgeport. o..
40; Cumberland Glass Company, cum-
iberland, Nd, IA; Greensburg Glass
Company, Greensburg, Pa, 20; Indiana
Tumbler and Goblet Company, Green
town, Ind, So; Model Glass Company,
Albany, Ind, 20; Mckee & Bros. Jean
cite. Pa, III; Northwood Glass Com
pany, Indiana. Pa, 20: Riverside Glass
Company, wellsburg, W. Va, 1G; Rob-
lnsOn Glass Company, GAINESVILLE, o.
Is; Royal Glass Company Marietta, o..
2O;West Virginia Glass Company. Mar
tins Ferry, o., "a; Rochester lumber
Company, Rochester. Pa, s5; keystone
Tumbler Company. Rochester, Pa. 42;
Dalzell, Gilmore & leighton, Findtay'
O., IS; Beatty-Brady Glass Company
Dunkirk. Ind. 81; Fairmont Glass
Company. Fairmont, W. Va, 70; Ohio
Flint Glass Company, Lancaster. o.,
%.
Settlement for all shipments Of ware
prior to November 1889, will be made
With the old, or individual, firms, to
whom all correspondence should be adj
dressed. on all shipments after that
date settlement. will be made with the
National Glass Company. Notices have
been sent to all the factories to close
down to-day for stock taking which
will be done as rapidly as possible
since all are Allied up with orders, and a
resumption will take place at the earll-
est possible moment. They will all be
In operation again by the end of next
week.
factories which have been running
non-unlon will continue to operate on
an independent basis the same as II no
combination had been formed, and there
will be no let up on the pushing of the
company's product through the chan
nels Of the travelling statesmen. Buyers
who may have a preference for ware
produced at particular factories Will
also have their orders filled from the
factory OF their choice. The price ques-
ton has not as yet been taken up.
The plants taken into the combIna
tiou are all operating at present, ex-
cputing the Robinson, at GAINESVILLE, o.,
and the factory of the Greensburg Glass
Company, at Greensburg, Pa, both Of
which will be started as soon as repairn
are made.
1t is the company's purpose to eurtail
operating expenses to the lowest posi-
BILE notch by the Introduction of ma
chInery and along other lines and de-
termIned effort will be made to In
crease their export trade. An office Is
10 be established at once in London
with Harry Northwood in charge, and
later on sample rooms will be opened
in other important foreign cities. The
main office will be In Pittsburgh, and 1t
will be opened as soon us suitable
location can be secured.
rhe officers are: President, II, c. Fry;
Vice president, C. ]. Bockius; secretary
Addison Thompson. The board of d.
rectors consists OF the above named
gentlemen, in connection with D! Q.
Jenkins, A. Hart Mckee, w. j. Afford
I, A. Fletcher and a. L.. strausberger.
A Hart Mckee, d. c. Jenkins, L. a.
Fletcher, w. j. Afford and Addison
Thompson are the executive commit
| tee.