Evening star., 1899-02-01
Big Combination in Which Kentucky
DiStillerles Predomlnate.
TO BE CAPITALIZED AT s32, 900, 900
Interested Companies Have One
Million Barrels on Hand Now.
OTHER POOLS FORMED

NEW YORK, February 1.-The larp,nut
combination of whisky and distilling inter-
ests yet attempted has been concluded I'm
thls CITY under the title Of the Eentuckv
blsullers and Warehouse Company FYftv-
| seven firms making Kentucky whislxies
have entered into the agreement. Tho new
company will be capitalized for Ss2 aoo 0oo
Incorporation papers Will shortly be filed it
New Jersey
Among those chiefly instrumental In
bringing about the combination were George
X. Sheldon of the Manhattan Trust Conn
pany and 5. M. Rice, president OF the Amer
lcah spirits Manufacturing Company
Levi Mayer of Chicago has acted as
counsel in the drawing up of all papers. He
becomes general counsel to the new com.
pany. The board Of directors will probably
De determined upon tomorrow. 1t can be
stated that S. NJ. Rice will hold some high
executive position. The combination Is said
TO be somewhat in the nature of a SEQUEL
70 70 the recent absorption OF the American
Spirits Manufacturing Company hy the
Standard Distilling and Distributing Com-
pany.
distribution of the stock
OF the sS2,0oo.ooO capital stock. s12,Oo0.Oco
will be cumulative per cent preferred ana
S200 600 common. cash working CAP
ital OF sl,50o,Oo0 is assured Distillery prop
critics having more than 20 per cent OF the
total capacity for the production OF the
standard brands of the state of kentucky
Will De acquired. The companies alTNady
IN the new agreement have more than
l'ovuoo barrels of whisky In bonded ware
houses. The new company is expected TO
produce 1o,ooOoo0 gallons OF whisky annuaI-
~, at an average net profit OF S1.50O. 100.
1he total net revenue of the new COMPANY
is placed at s2.3l0,VeO The production OF
WHISKY Will be concentrated in the best
None Of those mentioned as interested IN
the formation Of this combination nor Mr..
Mayer, their counsel. had anything 20 saw
When questioned today regarding the new
company.
Big Concerns Consolidate
ALBANY. N. Y. February IA certii-
cate of consolidation of the Union Tobacco
Company OF America and the North Amer
lean Commercial Company was filed today
with the secretary of state, the title OF the
first named corporation being retained.
The capital stock is $40. $50 600. uiyided In
Si2eee'oeo of common and s. ,sso,oeV of pre-
ferred stock.
The principal business offices of the COM
pany Will be located in New York city.
The directors are: William n Rufi-r .
Thomas f. Ryan, Frank Ttlford Samuel
Thomas, Frank Mccoy, r. A {. smith.
Frederick p Voorhees, and VIM. NJ. Cole
man of New York city and Peter A r.
Widener. George w. Breiner and Nm n
EIkins of Philadelphia
Salmon Canning Pool.
ASTORIA, Ore, February Lit is re-
ported that the Columbia River Cannea1e.
Association, recently formed here, is TO
consolidated with the Alaska Packers Asso-
citation.
According TO the statement of a capftaI-
ist connected with the Columbia River Can
neries Association, the local cornnanv ana
the Alaska Association will pool issues and
engage on a very large scale in the busi-
Tess OF catching, freezing and packing sal
mon, operating on the Columbia and in
Alaska.
To Go Into TinpIate Trust
MARTINS FERRY, Ohio, February i
The directors of the Aetna Standard iron
sheet and tin mills have favorabIy con-
sidered an offer of 81. .2s1. .OOo from the Amer
ican I'm Plate Company for their plants
mere and at Mingo junction. The question
OF the sale Will be submitted to the stock
holders, who are und erstood 10 favor the
deal.