The evening times. [volume] (Washington, D.C.) 1895-1902, 1900-08-25
THE FULL DINNER PAILS
Baltimore Iron Holders Wonder
ing Where They Are.
All the FoUndries in the Trust Shut
2
Down Throwing Seven Hundred
Men Out of EmDIoy
Other establishments in Various
Parts OF the Country Also Close

l
BALTIMORE. aug. 25--Nearly 7o9 iron
molders formerly employed by the Central
Foundry Company at its two plants near
baltimore are seeking the full dinner
pail and its accomplishments which were
promised them last year.
When the so.l-pipe foundries of the eoun-
| try were consolidated last summer in a
| big trust a gentleman who was interested
in one of the Baltimore concerns said:
We expect to double our capacity and
profits. The consolidation is Of great ben
eft to the city by giving employment to
people almost continuously"
| 1t was stated at the time that instead Of
working only half the year, as they had
! been doing for some time, the foundries
would be able to run ten out of twelve
months. An advantage of the consolida-
ton was stated to be the doing away with
price-cutting by competing companies and
the saving in freights by shipping orders
from the foundry nearest the customer, in
stead of from distance, as vas often the
case before.
The Central Foundry Company was or
gained with general offices in New York.
Ihirty-four concerns throughout the coun-
try were taken into the consolidation,
which was organized with 81 COO, coo each
of common and preferred stock, the latter
TO pay per cent, and $4,000, 000 of per
cent bonds, total capitalization of SIS
| COG,OU0 Mr.. Robert A. REGISTER, of Joshua
REGISTER & Sons, engineered the: deal, in
! 10 which the principal concerns of the
| country were drawn Barring Aiagoun &
Co New York h.
ana 1t was understood that English capt.
talISts were behind them
In Baltimore four concerns were includ-
ed IN the trust These were Joshua Reg
ester & Sons, the Henry McShane Manu-
Iacturlng Company, Bartlett Hayward &
Co, and the Jones Hollow Ware Company.
IN each case it was only the soil or sewer
pipe plant that was taken in. the manu-
IacturlnG OF plumbers supplies being the
sole business Of the new company other
branches being continued by the original
companies. In addition there were thirty
companies in other cities, making thirty
Ioaf IN all These were distributed as fol-
lows Sing Sing, y. Y; Medina. n Y;
Newark, n. j; Salem, n. J.; Wilmington
Del; Allentown. Pa. Lan5dale. Pa; South
Flttsburg, Tenn; Gadsden, Ala; Admission
Ala; BessemeT, Ala; Vincennes, Ind
hammond, Ind; st. Charles Ill; Milwau-
kee Wis
For time, it is stated, the foundries
were run at their full capacity Even with
the rise in iron and steel prices the pi!fng
up OF manufactured stock continued The
Meohane plant, which is at Dundalk. Bal
tlmore county, is said to be one OF tie
most complete Of its kind in the country.
Here over 800 men were employed The
raw materials could be received both by
land and water and the finished product
shipped in the same ways. For this plant
the trust paid $500, 600 in cash, $3.50, eco in
preferred stock. and $780, Coo in common
stock. The McShane Company retained
iron pipe and fittings valued at SCI I68
when the trust was formed. The property
included TWO tracts. one OF ], COS acres and
the other OF 1896 acres.
Nominally only 81 was paid in the trans
fer of the REGISTER plant, near Bayview
Junction Revenue stamps attached 10 the
transfer indicated that the property was
valued at $250,000 This arso included two
parcels Of land. one Of Is acres. 3 roods.
and 20 perches. aand the other Is by S25
feet. and included all the buildings and
improvements. In this plant about $50
men were employed
During June the REGISTER plant was
shut down and early in July the McShane
foundry followed suit. 1t was given out
that the shutdown was the annual one
for taking account of stock and repairing
machinery. However only a few men
and those chiefly as watchmen.
1t Is stated by a man familiar with the
business that the shutdown IS to get rid
of the accumulated stock. which is esti-
mated to amount TO a value of million
and a half dollars in all the plants in the
trust. Of the thiIty-fCur plants il is stat
ed that all but five have been shut down
and with no prospect of Tesuming work
Demand for this class of foundry work is
said TO be not great at this season of The
year, as building operations are so far ad-
yanced that the plumbing work is being
finished and hence no more materials are
needed. As the building season is so rear
ly over and the stock of materials on hand
is so large it is predicted by those familiar
with the business that the Baltimore
plants at least will not start up before
next summer.
ployed in the Dundalk and Bayview works
take this view OF the situation for many
of them have sought other work, while
others have moved to other cities in search
OF employment.
c. R. Schmidt. manager of the two
plants for the Central Foundry Company,
said yesterday that he expected the Nc
Shane plant would start UP shortly, as
soCn as he could find out what workmen
could be gotten together. He said the
accumulated stock was low in some varie-
ties OF goods. He was unable to fix any
definite date for resuming work and could
give 10 prophecy as to the REGISTER plant
being started at all.