New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-04-13
MINISTERIAL COMBINATIONS
.ovrNrNr TO CONSOLIDATE TOBACCO
HOUSES.
-,,,sr, WHICH MANUFACTURE CIGARS FROM THE
MATERIAL IMPORTED FROM HAVANA

WHICH MANUFACTURE CIGARS FROM THE
Waterfall. IMPORTED FROM HAVANA
MAY JOIN INTERESTS
tina latest proposed combinations is that
o houses which manufacture cigars In this
o. ~ ont Of tobacco imported from Havana. Ac-
cs,,e N present indications the efforts to bring
-, this combination will end In success. ma
80, ~ the largest houses In the country nave eN-
va their willingness to join. ana the dealers
pr r,,le are in favor OF the scheme The move
% toward consolidation began only few
me'" no A banking house was engaged to man.
we'~ financial end Of the scheme. and AT the
sss .,,,e the promoters went quietly about among
sa'" Iocal importers offering options Most OF these
the o.on,ed Some OF the large houses which
WIZ .or, in are the Ybor- Manrara Company
a., onerates an immense factory In Tampa, Fla'
"a. r-Nnger & Co. and Seidenberg Co Inc
Jun Y Pendas & Alvarez had not been brought
F" Toe, accounts and II is said that NJ Stachel-
G 90 has not Joined. The latter firm is the
~. large house which does its manufacturing IN
v ' lily as most of the importers have found IL
'a,ble IN recent years to move their factories to
vsv West and Tampa.
he DOT vet known what the capitalization Of
~ ,onosed trust will be, as the matter Is stu
."' o-,brvo and negotiations have not proceeded
~ orourh for any definite plans to be made IL Is
i a however that the capitalization Will be
os those who are deepest in the consolidation
o. eventually to control the business through
nut the country
0I =. .reaking OF the proposed trust yesterday a
I..,,nert cigar dealer OF this city said: Il see
p'0" -.sor why this thing shouldn't succeed
~ NJ nromoters are offering good terms, and
-. ara meeting more acceptances than usu-
~ Gall TO the lot of the organizers oi
.,,s,s The only trouble lies IN the ousi-
~, ,ssIf The manufacture OF cigars is uhi~e
-, everv other business. in that II requires no
ln1o
r,.ons an enormous number of employees ana
ths' ".s question whether any one organza-
u -. control such a large field. 1t may have
...,,hng 20 it's way, but 1t may be physical I'M
.,hu,v Still l am of the opinion 'ha' '"'s
a,eculty will be surmounted
when asked what the immediate erect OF the
.s,.s,on would be. he said: There will be no
,usa,s,e effect because there is no TOBACCO AS
,'a,, Enou, the trouble in Cuba practically parayzed
80 o,,,,vation Of tobacco there. and the planters
-, -. ve, regained their feet. small crop mas
,.., grown this winter, and is now In process VI
curing When that reaches here In the last par.
~ this summer those who have the money WI,
y. able 10 smoke Havana cigars. But the oeHaiu
,,n no far in excess of the supply, and there is
,onresent remedy because there is no reserve uPo"
which TO fall back. All the tobacco mas oeei'
cleaned out Of Cuba. and It will be two years De-
fore there will again be a normal output
oAs 10 the price OF Havana cigars don't 'hink
the trust will alter 1t much. DOUBT II IL puts
,or.r than Il has TO- and the only people VINO can
arvs I, n this step are the large houses VINO Keep
op, and go ahead on their own hook IL 'ne!
underselI the trust there will have TO be scalns
q, nrices for unless the trust secure the custom
Z, will have 10 dissolve. But there can't DE ihucii
coronetiton for while because there Is no touaV.o
~ conpete on. The advantage whicn acSl ues ; y;
,Sa tr,lst will consist in the single contro II WIZ
bave NJ great many different branos. Eacl
hha nso yraSas its own popular brand and when
large number Of these are thrown togethe' NV" ~
one management they can make things no' Lo' ,wo
in6lvdual outsiders who have only one vi ~"
eood selling brands apiece 10 bank on. ,.v ~,
There are conflicting reports as 10 Whet I1 .'
navy trust is to Join forces or not Win tle
ton Of cigars manufactured in Havana from s,Da
tohacco This company short time ago ooug i ny
from fourteen 10 twenty Of the largest lactoiIes ~
c,he from Standards who were only 700 eiau "
ell their interests and get out OF the lsianu anu
started out with a capitalization or SuuvVU ILL., ,
~ 90. together with the Havana Commercial CON-
many IN which case the entire output OF Cupa ieas
tohs cco would be under the management OF ont
oyeanization Ferdinand Hirsch was asked ABOUT
tbie Yesterday He is the general manager ior tne
II--ni.sS states OF the Havana Commercial Com
pany and has also been one OF the priine "o's''
N The formation Of the new trust -, 49,. :,
-. rhaf rumor YOU can put down as utterly laise,
he said WHY should there be a conplhauon!
TbA two Industries are entirely different why you
,oIVbt ae well say that the United states aho
Japan were going to join hands In the manufacture
of steel rails. $500, A.. .,,,ors about the
formation of the new combination, but sad 'ns I
ro,htng definite could be given out as yet. as 'He
neaotIations were still in their infancy