The sun. [volume] (New York [N.Y.]) 1833-1916, 1899-06-24

Details Said to Have Been Completed ana
All the Officers Agreed Upon.
While nothing has been announced officially
II Ia generally understood in the trade that the
American Bicycle Company. which has been
known as the Cycle Trust" has taken def
mite shape. Preliminary details have been ar
ranged. and the various parties who were out
Of tune with the scheme have been salts
factorily dealt with and all differences
settled Some secret conferences were held
on Thursday and Yesterday. and 1t is be-
leved that all the officers were settled
upon. C. Fl. Dickerson OF Chicago was
elected Secretary. 1t Is surmised that A.
G.. Spalding will be President. but the only
information obtanable Is through small
leaks " on the part OF one or two of the max
ers who have attended the conferences The
leaders will say nothing except that a full Of
fetal statement will be given out in few DAYS.
The financial underwriters were consulted by
committee on organization. among the
members OF which were r. J.. Coleman.
r. Philip Gormuy A. A. Pope. c. L. Ames.
A. L. Garford. II A. Lozier. A. h. Peck. j. w.
Kiser NJ NJ. Johnson. II. 8. Crawford. A. Feath-
erstone and A. Il. Peck. Committees have
been appointed on manufacture. on domestic
sales and on foreign sales.
A circumstance that leads to the conclusion
that everything Ia finally arranged was the
departure for Chicago yesterday OF James
Hart. who has been with A. G. Spalding con-
stantly since the deal began. 1t Is believed
that the manufacturers who have been in the
city for two days are here to prove titles and
turn over stock. Some weeks ago it was
stated in THE SUN that there would be only
about twenty-five manufacturers in the trust
when it was launched and the list was PUB
lished The latest information confirms this
statement, and only couple oi changes have
IL tx Nhn HAT atnNn hnf iTan a
makers who It is said will launch the enter
prise number twenty-four. as follows:
Western Wheel Works chicseq; Pope Man"f estn
land; A: Featherstone \ Co.. Chicago; Gormully
cycle MISUNDERSTANDING Company. Chicago: Crawford
Manufacturing Company, Hagerstown. Nd Indiana
milwaukee cieneya Cycle Company: Geneva, o.;
Acme Manufacturing Company, Reading. Pa: CO.
bicycle Manufacturing COMPANY Torr,ngton, Conn;
Barnes Cycle Company. Syracuse; Whit Sewing
New YORK; Fay Manufacturing COMPANY. hyria. O.;
R R Nss ssrns %
Gle Works Kenosha, Wis: F. G. Stearns h Co; SYRIA
o cusf FsnnnE cTcic Mam1faSnrins c%mpsn2 't c5i.
caVo. and Viking Manufacturing Company. Toledo.
Besides these there, will be in the concern
steel balls aud parts and stampings 80 that the
scheme will be complete as far as being
component part Of wheel is concerned The
firms representing these materials number
eight, az follows:
American Saddle Company. Cleveland; indianapolis
Chain and stamping Company, Cleveland Machine
screw Company ballsl, Hartford Rubber Works and
Indiana Rubber Works tires. Indianapolis; c. J.
Smith 4 Sons Milwaukee: 9, L. Thompson Company
parts and stampings), Chicago; Indiana Novelty
Manufacturing Com pany wood rims Plymouth Ind.
AS the American Saddle Company operates
six plants the total number Of separate con-
Germs In the combine will be thirty seNen.
There may be one or two names yet to be
added to this list.
The aggregate OUTPUT OF the combine will be
5000 bicycles, while the estimated demand
OF the present year is 100000 1t is said that
the new company will not attempt to control
the trade. at least not at first. but it is con-
coded that it may from time to time buy in
concerns that develop sharp competition.
There has been a rumor that a Syracuse con-
Germ Is organizing an opposition to the COM
bine but as yet nothing definite has developed.
All of tho men interested In the com bine seem
happy and confident OF Its complete success.