The times. [volume] (Washington [D.C.]) 1897-1901, 1900-09-16


secur by consolidation. In some instances
an estimate is given OF the output of the
company as compared with the total prod
uct in the United States. Let me call your
attention to a few of the corporations or
ganized since the last Presidential cleo
tion
Trusts Formed Under Mckinley.
The American Agricultural Chemical
Company. Incorporated under the laws of
) Connecticut in May, 1899. has an author
lied capital of $4,000. 600, half common
stock and half preferred. It acquired
twenty-five of the largest fertilizing con-
Germs in the country
The American Bicycle Company, incor-
porated in May, 1899, in New Jersey, with
$50 GOO. 600 of common stock and $10,O06,O0O
preferred, consolidated forty-four of the
largest bicycle concerns in the United
States.
The American Hide and Leather Com
pany. Incorporated in New Jersey in May.
1899, with an authorized capital OF S35 ,0O0,-
eco. half common stock and half preferred,
controls about 20 per cent Of the upper
leather output of the country.
The American Linseed Oil Company, in
eorporated in New Jersey in December,
1898, with a capital stock of sSS. SOC, coo,
half common stock and half preferred, con-
solidated eleven large linseed oil compa-
MES and controls over So per cent Of the
linseed oil properties in the United States.
THE American Steel Hoop Company, in
corporated in New Jersey in April, 1899.
consolidated nine large steel and iron COM
panies in Ohio and Pennsylvania. capital
stock $4,000, coo common and $4,000, 600
preferred.
The American Shipbuilding Company.
incorporated in New Jersey in March, 1899,
aI tai of
half common stock. and half preferred, con-
solidated all shipbuiding and kindred in
terests on the Great Lakes
American Steel and Wire Company, in
corporated in New Jersey in January, 1899,
with $50, 600 common stock, and $40
00O OGO preferred, controls about so per cent
of the nail and wire product of the United
States.
The American Thread Company, ineor-
porated in New Jersey in March, 1885, with
a capital stock of S12 000, 600. half common
and half preferred, consolidated fourteen
large thread companies in New York and
New England.
American Tin Plate Company, incor-
porated in New Jersey in December. 1898,
600, 900 preferred consolidated about 50 pei
cent of the tin plate mills in the United
States.
THE American Window Glass Company
Incorporated in Pennsylvania, September,
1899. with $4,000. 600 common stock and
$4,000. coo preferred, consolidated window
glass plants in New York. Pennsylvania
Sew Jersey, and Indiana, controlling about
. per cent Of the output Of the United
gtates.
American WOODEN Company, Incorporate
a in New Jersey in March, 1899, with
nearly $50. 600 600 common stock and s2g,-
600. 900 preferred. consolidated a number Of
mills in Rhode Island, Massachusetts,. and
other places.
The American Writing Paper Company.
Incorporated in New Jersey, June 1899.
and half preferred. consolidated numerous
Ellis producing over 76 per cent of the
oGtput of the United States.
The Continental Tobacco Company, in
fporated in New Jersey in November,
IS. with a capital of 500, 100000, half
.n1mon stock and half preferred, acquired
(. the leading plug tobacco companies in
ne United States. and also purchased the
Mug tobacco business Of the American To-
seeo Company, in whose interest it was
fJrmed.'
Giant Federal steel Trust.
THE Federal Steel Company. incorpor-
ed in New Jersey in September, 1885,
With an authorized capital of s20O, 600 600.
.lf common stock and half preferred.
consolidated the Illinois Steel Company.
the Minnesota Iron Company, the Duluth
and Iron Range Railway, the Elgin, Joliet
and Eastern Railway, and several other
companies II owns five docks on the
-eat Lakes and majority of the steam
IS and barges used for transporting ores.
The International Paper Company, in
aorporated in January, 1898 State not
civ xsrfrh an hfr faB ral of
e5O, 600 common and s25.000,0O0 preferred
stock, consolidated twenty-five pulp and
paper mills, manufacturing about so per
cent newspaper.
Every newspaper has suffered from the
Paper Trust. The magazine, for instance,
published by TIE locomotive fremen's or
ganization and supported by a fixed ap-
preparation, has been compelled to lessen
its reading space because of the rise in
the price of paper.
1.-The National Biscuit Company, ineor-
porated in New Jersey in February 1898,
with $50. 600 900 common stock and $685.
coo, 900 preferred consolidated the leading
cracker companies and controls in all lie
plants.
The National Salt Company, incorpor-
ated in New Jersey in March, 1899. with
81. 000. 600 OF common stock authorized and
s.. O06. COO preferred, produces about 95 per
cent of the total output of the country.
THE National Tube Company, ineorpor-
nted in New Jersey in June 1893, has a
capital stock of $50 .00O, 600, half common
and half preferred, and controls about 90
per cent Of the output of the United
States.
THE Rubber Goods Manufacturing Com
pany, incorporated in New Jersey in jan
uary. 1899. owns practically all the capt.
tai stock OF the Mechanical Rubber Com
pany, the Peerless Rubber Company, and
the Indiarubber Company, as well as 70
per cent OF the stock Of Morgan & Wright
the concern known as the American BIZ
cycle Company and the American Dunlop
Tire Company. Authorized capital stock,
$50. 00e, coo, half common and half pre-
ferred.
THE Standard Rope and T'sine Com
pany. incorporated in New Jersey No
yernber s. 1896, with a capital stock OF
SI2. 6e0, 900, consolidated twenty-five
large cordage mills
The Union Bag and Paper Company,
incorporated in New Jersey in February,
1888, with $4,000, O0O common stock and
81 600, 000 preferred, consolidated yari-
Gus plants. doing 90 per cent OF the
paper bag business Of the United States.
United States Cast Iron Pipe and
Foundry Company, Incorporated in New
Jersey in March. 1893, with an author
lied capital OF $40. COG, 0G0 half common
stock and half preferred, consolidated
the principal cast iron pipe companies
Of the United States.
United States Envelope Company in
corporated in Maine in 1885 with an au-
thorized capital of 81 0000C0 and 81, 0eO.-
600 preferred, consolidated ten COM