The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1900-01-05


Name. Capital.
Amalgamated Copper .............$75, 600. 900
American Car and Foundry -. IS, 100000
American Ice company ..-........ 35.OO0,OO0
Hide and Leather .......... 35, 600 900
American Iron and Steel . Is 900 900
Smelling and Refining ..-.......- 81. 000 wv
Steel Hoop Observation-Disclosures. 80. 900 900
American Woolens company . 50,OOO000
Asphalt Company of America :. 80, cog 0V0
Smelling and Refining ...... 54 0OO, 200
WhisIzy7 .......... so. 900, 900
National Enameiing . .............. q. 600 900
National Steel ..,....,.........6 60, 000, 600
National Tube company -. $1,000, 900
Pittsbure coal ............... go 100000
Pressed Steel Car company 49,. IS, goo, 000
Republic Iron and Steel .....-.-- 45,g099,9oo Wy
Union steel and Cham .......... so, 900, 600
PROGRESS OF TRUSTS IN 1899.
New trusts organized ........ 200
Capital of the trusts g 500 IVY 0o0
Capital Of new trusts s, 500 oOO,OOo
Men employed by trusts ...... S,5OO,OOO
The trusts have marched witt. giant
their army hundreds of Industries; gEEea;t
and small They have increased their
They have dictated the decisions of Of
fetal bodies as in the army beef investi-
polls. not of their choice. to be sure; yet
in spite of the raising of this political
was carried ri by the Republicans
It is admitted that they were treated
States Industrial commission which has
been inquiring into their methods and
tendencies.
ment. the Standard Oil crowd" has APP
peared in the open as money trust By
and others money the Rockefeller clique
brought on a Wall street panic in the
onstrated its power to lower or raise the
prices of stocks and the ruling rate of
interest in the exchanges and money mar
Two events of the year on the other
hand, have caused apprehension to the
men most interested in the trusts. One,
the most recent, was the decision of the
supreme court of the United States on
Pipe case, brought under the Sherman
antitrust law. That statute has been
violated by the six corporations in the
iron pipe business, which had divided ter
ritory among themselves and had agreed
The other warning is the twice repeated
fall in the prices OF industrial, securities
on fhs st9Gk Il 5hs qy y SlIp
in December they fell $500 100000.
New Jersey, the great breeding ground
of the trusts, reported at the close of the
fiscal year in November that it had char
tered 1900 corporations, With ~ an aggregate
figures as these had ever started observ-
ers OF the times.
Steel company with 5000, O0O, 900 Of capital;
the Distilling company of America. S125s-
Vlb,UVV, the newly formed STANDARD
Oil company. s110, 900; the American
Steel and Wire company, $50 600. 900; the
American Bicycle company and the Nat
ional Tube company, $50, 600 each; the
Continental Tobacco company and the
Amalgamated Copper company, ST, 900, eco
each; the American Hide and Leather
company and the United States Worsted
company $65, 000. 900 each: the American
Ice company $50 600 600; Republic Iron and
Steel company sos. 600 900; American Foun-
dry company $50. 600. 600: National Steel
company $50, 000; Rubber Goods Manu-
featuring company and American Tin
Plate company $50. 900. 900 each.
Below these figures there were II cor
porations with $50 000,0 600 or more: 10 with
$25, 900 900 or more; IL at so, 000, 000 80 with
SIC, 900, 900 or more.
capitalization of 353 trusts was S., $50 SS2.-
842. An estimate of the additions in 1899
places the total capitalization of trusts
now in existence at about 50, 600 000. 000
Delaware has begun to see the advan-
tage to a state in fostering these combi-
nations. Under a. new law offering super
Tor advantages to companies with large
capital, the Blue Hen State has Matched
$416. $50. 600 of charters since March. New
Jerseys revenue from a years incorpora-
tons was $75S, 900.
A recent estimate shows that s,547, 900
men earn their living In the employ of
trusts
We will sell Usage City shaft coal for
S425 per ton; Burlingame shaft for
81 90; Usage City drift for $3.50; Scran-
ton drift for s.. 25; Carbonate stripped,
$500. We won't charge you $3.25, but
only $500. We give green stamps be-
cause we think one green stamp is