The Hocking sentinel. [volume] (Logan, Ohio) 1871-1906, 1900-09-27

nesses of such companies. or by the own
ership of not less than two-thirds OF theil
stock as may be found practicable.
linen follow the names of five pump com
panics. accompanied by the Statement
that these companies are estimated t.
transact ninety per cent Of the steam
pump business of the United State1. ex
ciusive Of high-duty engines. The ma
Jority OF the companies also maEufactur'
such engines.
Sample Case OF Trusts.
one of the companies. taken Into th'
combination had assets estimated at
little more than six million dollars; an
otner company had assets estimated ~
httie more than three millions; the thire
more than one million. The fourth com
pany mad assets estimated at eight hun
ored thousand dollars. and the nth com
pany mad assets estimated at seven hun
ored thousand dollars. The good VIII wa.
not estimated in the above figures. The
totai assets, therefore. Of the hve com
panies. not including the good will. were
less than twelve million dollars. and the
prospectus states that the combined net
profits Of the fve concerns for the year
1ssS estimated ON the business OF ten
months Of the year. would amount to
Twelve hundred thousand dollars. Under
the head Of Estimated additional earn
ings from consolidation" ind the fol-
lowing:
Each Of the five companies now main
tsins agencies In the principal cities OF
Blake cornn.r,.. .sss.s ana cerrv
stocr n Trrsc. T1NM ~ v,.rr. .nd
oehs. on. a1MDufs, v1e."s, 80
sivs .s,srss, oo@e o1 tnen 11se ~. ea-
cIes m this .,.d .t,.e. .,,,.t,s.s ~ v,iS h.
oonsoHdsfea rSs st.r.s snS a~enc,es
ms,rs.snsS q Al. .>,,,s,tr,,
ana tha 49, - Nle Gus. '. ~. 80
neces..rv - a,,1,,ss a.. Iii - ,.,rstS1
and decress.1 srvc,,,r- ~ .cti-ated
VIM a. q 49,. - - ~ssr The
exnenSes ~ s.sS s..-s..~"~ -. sse a,,v-ht.
- Sccests.ss s-.s9se = -. ts~ - i.nc--s.
sr1CS:cS 4.s u >.se -. ~.ts-.se
- ~ S 49, ,s : :. -. :. es.-sS".
s.-, s.! $ ~ - e.s-
y - =. - u 1lHA' -
- sSss:S' !, ~. d ssss. - .-s
~ AZ. ~ tsss u -. -, es..es s.-
s-.xsS ~ - .ssS ~ - Il ~.
-. 5 v'sS1 u - -
-. a.. ..,,- 40. =.
,;os~ =. xS, As,..sSs = ss'@'A W s1A'.
AdvAntsges q Csase1ldataoa.
A. AXtImAxA
vantaees derived frum consolidation IL
to he 81 80. 900 aver the present
earnings. which would make = total OF
future net earninrs. With the estimated
EARNINGS based on ten months of the
vear's business OF u sO0. .00o Of 6 per cent
IN the preferred stock. ana over eleven
per cent on the common stock OF the
new company"
1t win thus be seen from the prospectus
IL
ting down Of expenses viii double the in
.ome, and not a word is said about Civ
ng the advantages of this reduction to
he consumer The money taken from
he travelling men. from the hotel keep.
srs, from the railroads. fror, the livery
men. from the newspapers. and from
,thers who suffer by the discharge of
statesmen, clerks, ETC., will all
,e added to the profits Of the monopoly.
to pay dividends upon dcti-
ious capital
TO give further guarantee tnat the
,.sn"sr.; so eauepess ppS.. -,.h ~. a-,ons
a,,,rsri. : Ga,,SS s.s,or.s ,S.rt;6ad r,tb
49,. ne ~ ~ ~" h',s... ~ Svn. ~ t.n w.a.s
,,,t St.t sho,,t 81. n,,n,;,, wh.+ s,,ar.
-. L. a. .,,hS,. 49, ..," .,c,orcI,,
~, -. ..s.s .s~, =. =. ,ct h,,,,s.,, :,
sm ~. iaiss p.S a.: a. - .s,t'. los ns,a.. n'..
e e ,.., ~ Sn e - ~. sah -
!. 80. .s,ot ~ -o,n,,rI,, .rter aHn,,no
80 ~ ss:.S .,os. -,
Ling .,n .ne me ssmsa: =. 1 az urnfs. o ae-.,nnt
!. IL. ,es, oo SAPynsee ~ xIe P1Ss osyH''
m ~ seek n .ur.ner m prons " !. .s,sns Sric
~ Ssa ~ =. s. a.. - vi, = a.
III a"s..a.s. aT ~ S S.,a,,tn A. 81. 80. ~
...s - S. ~
: ..,,.e- y. f,,.,s.h .hs t.ast s-,,s.1s Co. ~.
oN. oS.a .,s1a ~ III ',s. .e eSo1' 'S' 'Ae
.r
In Mt1e , DooA osscl.aea % ,ra m m
Sa. Is.e@. M 1se ~ s .s." 80 ~. ~
S = 80 .Hssr ~
iaso Co.ro.a..o se.r e
.ie1 oescl'p..om y. 'Ie eH,e.sn ouslS ou.e 3Iu
I'VE osansASs seeu ~ so.oaa s ~
u,put % eue COMPANY q TN
ae eotAI PIouuct N .ne oni'eo o.a.es.
'et me San your et.enaon 20 lev Oh .ne
otPo.3uons ossn-eo sance inc iase
resaoentiai eiecuon'
Trusts Formed Under Mckinley.
The American Agricultural Chemical
omn.nv sncornorsted under the Avs Of |
IN Nav lsae has an author- |
az, r.rit.i ~ sIS m, m h.If common
Iock and half nreferred. n acouired |
reny.tvo of the iar~esf fertiiixinS con-
arrc ,n the country
The American Ricvcla Comnsnv incor- /
or. tad IN Nav 1aoe In Nev Iersev vith |
h ooO ono Of common stock and so 'o0O. GOO |
referred. consoIidated forfv-four ~ the |
,r~est b,cvcIe CONCERN. IN fhe IInited |
tate.
The Ar.r,c.r tTd. ana y..th.r r,or,-
ay. incorporated in New Jersey in MAY.
n en- he,e rornmon .tock and hslf nre.
@,e~.s ~>~S- -