The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-11-21
ANOTHER TRUST BUDDING
Combine of Tin Can Factories to
Be Formed.
baltimore Establishments All to BE
Taken In-CapitaI of the Proposed
Monopoly Placed at From Twenty
five to Fifty Million DoIIaEs-op-
tions Extended 10 January 4.

BALTIMORE. Nd. Nov. z1.-Plans are
under way for the formation of another
big trust The new combine is a coRsol-
;:taasstioH ef the large Tin can manufacturers
of the country, and overtures have been
made to number of Baltimore manu-
facturers of tin cans to go into the COM
bination.
Ex-Judge William H. Moore, a we'll
known Western promoter of industrial
combinations, is handling the negotia-
tions, and it is asserted that 50 per cent
of the can manufacturing capacity Of the
country is covered in options already Sc
cured. These options were originally Civ
en- until June 1 OF this year, but, owing to
the big slump in industrial securities in
the New York Stock Market about that
time and the indisposition of capitalists
to go into additional schemes OF this sort,
it was decided to postpone the pTosecu-
ton of the deal Arrangements we're made
then TO extend the options until January
/. 1901. The project has now been re-
vived and efforts are being made to com
pIete the deal within the next thirty days.
The proposed trust, if carried out, will
make the fifth member of the sO-called
Moore group of combinations il the
iron and steel industry. The others are
the Ns.tional Steel Company, the American
TinpIate Company, the American steel
Hoop Company and the American Sheet
Steel Company, with an aggregate capital
ization of $50, 0Co, eco.
It is said that the capital Of the pro-
posed tin can trust viii range from 49,
coo, eco 70 So, 000 600. One Of the infiu-
ences which is counted upon by the pro-
motors Of the new concern - induce tin
can manufacturers to go into the deal IS
that most OF them have 10 buy the tin
plates which they use from The American
Tinplate Company and this trust is IN q
position TO squeeze these patrons
4 number Of can manufacturers have not,
however, been disturbed by this situation,
and threaten to add the manufacture Of
tinpiates to their can factories If the Tin
plate Trust attempts to ax prices too
high II is said that this attitude Of in
dependent can manufacturers is one rea-
son Why the Moore group" wants 20 form
a rust OF tin-ean unanufac turers. 50 as TO
assure the permaneney OF the market for
its output of tinplates- The National
EnaEaeIiHg and Stamping Company which
is ? big consumer OF tfnplates, has already
Dre6e itself independent Of the trust by
billing what is said TO be the biggest
tiDDIa.e plant in the world
Giving to the magnitude Of the canning
industry in BaItimore-this city leads in
the manufacture Of tin cans-the new
trust could not get along without control
ling the principal factories here. It is es-
timated that over geo, SOC, coo cans are used
every year in the output of canned goods
of this city. Following is a list Of the
manufacturers Of cans in Baltimore:
Black d KrebS. Il C Camper & CO.
Daughtery & Mann, Eastern Can Company,
Thomas 4. Hand. A ". HartIove, Kirwan
& Riggs, Lineweaver & Co, H T. Miller &
Son, Norton Tinplate and Can Company
Phelps & Co. William Rusk, Timothy Ry-
an. jr., r. Tynes Smith Can Company.
ThirIkel Can Company, and Thomson Nan
ufacturing Company
In addition to the can manufacturers
this industry is also run as part Of the
plants Of some OF the leading packing
houses. The Martin Wagner Company and
A Booth & Co. operate factories OF this
kind