The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1901-06-21
MORE TRUSTS FORMING.
Pows. Shovola. Matches aud Pianos
the Latest to be Morged.

~stNSS0V IS,
Tho formation cf great trusts pro-
goods apaoo, and hardly day passos
but what tho announcement is made of
combinations Of manufa ,turors of arsi.
cloB Of absolute human necessity. Pretty
much everything a man eats or wears
or tools no uses in his trade, and tvon
tho coffin ho il buried in is subject SO
far as prico is concerned, to the regula
tions Of trusts, aud tho end Of it all is not
set in sight. Among somo Of the latest
trusts to DO formed are the following:
An official Of tho Diamond Match
COMPANY says that consolidation of
tho Naglish bran oh with tho Bryant 81
May company would bo affected soon.
.. q. Barbor, presid snt Of the Diamond
Match company, and several managors
and y. Il. Palmer arc now in England
closing tho negotiations for tho consoli-
dation, aad 1T is announced that Charles
Baird, it's attorney will leave within ton
days on the Same mission. Tho Bryant
U May company had o complete mo.
nopoly OF tho match business in Eng
land until tho Diamond Match oompa.
ny built itB Liverpool factory tow
Years ago. Sinoo then tho two have di-
vided tho busipess of the Unitod king.
dom. Tho Diamond Match company Of
America OWNS 81 per cent. Of tho
English corporation, SO that the ,nsoli.
dation will bc Of great benoft to the
former company.
a combination Of tho piano manu-
faNu:era, embracing tho entire output
OF tho country, is in process Of organi-
z.tion. Mato A. Blumenberg, editor
ct The Musical Courier, Of Nov ork. ia
Ia the oily promoting tho soh sme. He
says that tho purpose Of tho combine is
TO roduoo tho selling expenses, which
arc now $40 for every piano made. He
says that whilo the combination will cut
OIL number Of hangers. on Of the trado,
it will materially beuefit tho workmon
in tho factories Where some factories
shut down largo part Of tho year be-
cause oIlaok OF capital to accumulate
stock, tho combination arrangement
would furniah fuods to keep them run
ming, thus bonefting all conc srned. Ho
will endeavor to interest Cincinnati
manufacturers in tho schemo, and says
that noarly all Of tho large factories
havo the matter under consideration,
Negotiations whereby twenty or moro
OF tho loading ploI manufacturing
firms Of tho middle West will form a
truot with a capital Of about $40, ,0O0,-
OOO have been practically completed in
Chicago Tho company will bo fnano.
cd by tho Unitod States Mortgage com.
pany, Of Now York, which will obtain
the money from the Mutual Life and
tho Equitable Life Insurance com
panies. The headquarters will be in
Chicago.
Slxtcon Of tho largest manufactur.
ors OF shovals in tho United States are
forming tho shovel trust Of which M any
rumors have beon circulated, and q. o.
Loring, of Boston, who was one Of tho
organls,rs American S.cel Wiro oom-
pany, is engineering the dealfor thom.
Tho capital Of tho corporation will be
about SlO,UUO, uUU, and Is IS 3 ersoy
oharsor will be secured. The papors
havo already heen drawn up and all
the western Pennsylvania manufao.
turers have agreed to Join
Tho Cleveland rivals Of tho STANDARD
Oil company have given up the battle
against that concern and are combin-
ing to sell out their interests to their
foe. The Standard Oil is to pay about
81, 1000 for the whole Of tho proper
tics. There are three Of tho oonoerns-
Sohofold, Shurmer g. Geagle; the
Cleveland Refining company and the
Solo Refining company. r.. r. Wilson,
Of New York, is credited with engineer.
ing the deal, which cxtinguishes the
last spark of competition with the
Standard Oil company in Ohio.
So the list will bo extended until
ovory conceivable article of human
consumption or use, with the oxoop-
ton Of air, will be in the control Of
monopolies.