The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1899-05-04
HIDE AND LEATHER COMPANY
WITH AN AUTHORIZED CAPITAL OF
SEVENTY MILLION DOLLARS,
National Light and Power Company,
with $15,OOO,OOO, and other New
Concerns Ready for Business.


600 O0o filed incorporation papers in the
county clerks office in Jersey City to-day.
OF the stock s25 900 OOO is preferred, bearing
7 per cent and payable quarterly. The prin-
cipal Office is given as in Jersey City, and
the incorporators were Thomas Mills Day,
jr.. Hamilton II. Duran6, Edwin c. Hotter,
John j. Treacy, all Of Jersey City. Inc
company is empowered to produce and deal
in iron and steel. mine ores, construct ana
purchase pipe lines and operate the same
so that water, gas and electricity may be
utilized Furthermore, the company can
build railroads and operate canals.
The incorporators mentioned to-day are
only temporary. The permanent officers
and board of directors of the company Will
be chosen Monday. Thirty-five companies
located in the West and Southwest were abb
sorbed by the combination, as follows: The
Andrews Bros Company; the Brown-Bon-
nell Iron Company; the Mahoning valley
Iron Company, of Youngstown, o.; Cherry
Valley Iron Company, Leetonia, o.; Allan
tic Iron and Steel Company. New Castle.
Pa. Lake Erie Iron Company Union roll
| ing mill, Cleveland, o.; the Corns Iron and
Gteel Company. Massillon. o.; the Toledo
Rolling Mill Company, Toledo; Mitchell Tin
and Iron Company incorporated, Cincin-
Ironton, o.; the Indiana Iron Company, the
Muncie Iron and Steel Company. White
River mills, Muncie, Ind; Union Steel Com
pany, Alexandria, Ind; the Marion Steel
| and Iron Company, Westerman-Stewart
| Iron Company, Marion, Ind; Wetherald
| Rolling Mill Company, Frankton, Ind; In
| diana Forge and Rolling Mill Company,
| New Albany, Ind; the Central Iron and
Steel Company, Brazil. Ind: Wabash Iron
| Company, Terre Haute, Ind; Terre Haute
| Iron and Steel Company, Terre Haute. Ind;
Tudor iron works, East st. Louis, ILL.,; the
| Springfield Iron Company, Springfield, H.;
Inland Iron and Forge Company, Chicago;
| Sylvan Steel Company, Moline, H.; Mime
| sofa Iron and Steel Company. Minneapolis;
| Birmingham Rolling Mill Company, Ala
bama Rolling Mill Company, Birmingham,
| Ala: Cambria Mining Company, of Mich
| igan; Lille Mining Company, of Michigan;
| Franklin Iron Mining Company. of Mime
| sofa; Pioneer Iron and Manufacturing Com
| pany, Birmingham. Ala: Connellsville Coal
and Coke Company, Pittsburg. Pa, and
Croton Lime Company, New Castle, Pa.
| A charter was granted by the New Jer-
| sey secretary of state to-day to the Amer
| lean Hide and Leather Company, with an
authorized capital Of $4,000, ,000 $50, 900 of
| which is per cent. cumulative preferred
| and 100000 common. The incorporators
are Robert s. Green. Elizabeth, N. j.; Fred
erick p. Voorhees,, and Edward F. Miller,
of New York. The company is to manufac-
| ture all kinds of leather goods.
The National Light and Power Company,
capital sl5OO0.O0O, was incorporated to-day
| in the county clerks Office in Jersey City,
| The incorporators are Carl Roswell Miner,
4 L. md nh
| of Jersey City.
| financial news bureau reiterates to-day
the reports that a large steel combination
| will probably be formed basis of $685.
| 100000 capitalization. to take in the Carnegie
Steel Company, the Rockefeller, the Mesaba
iron interests, the Federal Steel Company
the American Wire and Steel Company the
! National Steel Company and the American
| Tin-plate Company. j. w. Seligman & Co.,
| j. P. Morgan & Co. and a national bank
| are named as the financial agents for the
proposed combination.
The Times. tomorrow, will say: Further
| progress toward consolidation of the big
steel interests of the country was made yes
terday at a meeting held at the Holland
House. in which Judge W. III. Moore, of
Chicago. III. c. Frick, representing the Car
| negie interests, and other prominent steel
men of the country took part. After the
meeting there was rumor that offer of
$50, ,0C0, 900 had been made for the Carnegie
| interest and that Mr.. Frick had taken it
| under consideration for consultation with
| Mr.. Carnegie. At the offices Of one of the
| largest concerns in the country. whose Off
GERS have been, for several days, negotiating
| with the promoters of the big combine. it
| was stated that there were good grounds
for this report. The statement was repeated
| by one OF the biggest officials in the COM
pany. who said the offer had been made
but with what probability Of acceptance he
| could not say Neither Mr.. Frick nor Judge
Moore would say much on the subject,
Judge Moore simply saying that there was
nothing more in the various rumors afloat
than the desire of the different steel COM
panes TO 'harmonze' their interests for the
financial benefit OF all. II was also said,
yesterday "wednesday. that offers had
| been made to the Federal Steel Company
| and the American Steel and Wire Company
| TO join the combine. but that. so far. moth
| ing definite had been decided upon. John w.
Gates. president Of the latter company, to-
| night left the Waldorf Astoria, where he
has been staying since his sudden return
| from Europe last Saturday and was said to
| have gone to his home in Chicago. Before
leaving. Mr.. Gates said he had not become
| member OF the consolidation. but there
| was no telling what might happen The
| deal. II was variously reported. would prob
ably be concluded on q basis OF from E25.-
o0ooC0 to s7oo.ooo. 900: moreover. that 1t would