Daily inter mountain. [volume] (Butte, Mont.) 1881-1901, 1900-01-26
For the Working of the U.
S. Milling Company.
THE FLOUR MILL WAR
Minneapolis Will be Able to- Place a
Large Number of Barrels on, the
Market Daily-Wil be Independent
Of the Trust, - g

New York, Jan. 26.-The Herald Gays;
1t was announced last night that thu
plans for providing working capital TO-
the Dated States Flour Milling com.
pany were practically sui of success and
that A. &. Loring, manager of the North.
western Milling company of Minneapolis
would return to his nome. leaving this
city this morning fully convinced tina,
there will be no further difficulty in rails
ing the 1880. 900 required by the mills OF
Minneapolis under his controq as q work
ing capital.
George Urban. Jr., Of Buffalo. president
of the United States Flour Milling cOm-
pany, also will leave New York tonight
for his home and it is said that before
his departure wTll sign the papers which
will bring to the treasury of the Hecker-
Jones-Jewett Milling company the funds
required.
President Urban said he did not look
for any further difficulty and he was con-
WINGED that the minority of stockholders
Of the Northwest AllAing company would
be satisfied with any arrangement which
the majority might make. These state
ments were made by him in the presence
of Jacob Ames of Syracuse and Thomas
A. Mcintyre, vtce-presadent and secretary
respectively of the United States Flour
Milling company.
Later, at a time when President Ur-
ban was not president. Mr. Mcintyre
said: There is no minority interest in
the Northwest Milling company. l am
not responsible for what President Urban
says and when he spoke Of the outstand-
ing shares Of stock he did not know what
he was talking about. The stock has
haas GOD g.. 49, 49,, - R:~-I r
shall take 1t UP when I get the money"
=. c. Loring of Minneapolis, who has
been an official of the United States
Flour Milling company, resigned all OF
his offices in connection with that concern
on Wednesday afternoon and at a meet
ing held yesterday was elected president
Of the Northwest Mfiling company of
Minneapolis. AT that meeting it was
also ordered that there should be an
a~nalgamation Of the Minneapolis Flour
ing company with the Northw est Mill
ing company. giving the plant n Mime
apolis eight m lis with q total daily ca
pacity Of bou 1900 barrles,g Mr.. Lor-
ing surprised his associates ii New York
by his independence. He is said to have
informed thsm t.lat while ne, was will
ing to work in full harmony it was neces-
sary for capital to be rroviied and, that
if it could not be obtained IN New York
on good terms he would be able to get it
in the northwest. in any event he want
ed it understood that the mills Under his
control were to BE- operated with the idea
of producing a profit and not fer the pur-
pose of making good the losses IN the
operation of other mills.
AS a result Of Mr.. Lorirg's position it is
understood that the Elnipire State mills
at Syracuse, two in number. the mill OF
the Urban company in Buffalo the Daisy
Roller mill of Milwaukee and the Du-
luth Roller mill of Milwaukee will be
permanently closed down while the six
mills at the heal CT Lake Superior will be
operated only during those months when
t..e lakes are open to navigation.