The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1901-12-31
MOUNTAINS OF COIN
INDUSTRIAL COMBINATIONS OF
THE COUNTRY
THEIR PRODUCT IS ENORMOUS
Employ "a Large Army of Men and
Pay Out Many Millions for
LabOr-HOXv the Invest
ments Are Divided.

WASHINGTON, Dec. 30.-The bureau of
censusstatstics made public today, on in
dustrial combinations, show total au-
thorized capitalization May 81, 1900, for
1873 corporations reported, of So, 607 53S. 200,
and capital stock issued $3,0S5, 200, $685. OF
this total the authorized capital includes
$270, 127, $50 in bonds; $1,259, 900 in pre-
ferred stock, and $2,077, 81 $50 in common
stock. The capital stock issued comprises
$216, 412, 759 in bonds, 81 066, 525, 1868 in pre-
ferred stock. and $1S02, JAG common
stock.
The total value of all the products of
the combinations reported is 81, 661, 295, 1854.
Subtracting the value Of the products of
the hand trades, or the mercantile and
neighborhood industries, which amounts
to $1,216, 165, 160, the products of the indus
trial combinations in 1900 is found equiv,
alent to over 20 per cent of the total
gross products of the manufacturing in
dustries of the country as they existed
in 1880.
The 1873 corporations reported employ
an average of 1893 1872 wage earners, re-
ceiving 1874, 524, us in wages. Employ
ment was also given to "a $50 salaried of
ficials, clerks, ETC., receiving a total of
$312, 562, 628 in salaries Miscellaneous ex-
penses of these combinations aggregated
$151, S51, 077. Total cost of material used
was 81, 0S5,0S3,S27.
Value of Products
The gross value of products, less the
value of material purchased in partly
manufactured FORM gives the net or true
value of products of these combinations
as $1,051, 1881 ,5S6. This represents the
increase in the value of the raw materials
resulting from the various processes of
manufacture.
The lSS corporations reported control
2O29 plants that were active during the
census year, and ia reported as idle dur
ing that period. The returns show an
average of eleven active plants to each
corporation. OF all these industrial
combinations 63 were organized prior to
1897, and in the years 1887, 1898 and 1899,
and prior to June 80, 1900, there were or
sanized Z, 20, rs and Is corporations, re-
spectively. Over so per cent of the
total number were chartered during the
Is months from Jan. l. 1899, to June 60
| 1900.
The statistics of industrial combina-
lions exclude all corporations manufac-
turing and distributing gas and electric
light and power, it being impossible to
trace all of the latter, and they do not
generally possess the same economic sig
nlhcance. The returns show that the iron
and steel industry is at the head of the
list, with gross product of S5OS, 626 4S2,
which is more than double the value of
the product of any other group EXCEPT
food and kindred products, and repre-
sents nearly one-third of the total gross
value products of all the industrial COM
binations.
Division of Invested CAPITAL.
The capital invested and value of prod
ucts in the various classes of industrial
combination respectively follow:
Iron and steel and their products s341-
779,94o and $50S, SIC, 4S2.
Food and allied products, $246, 623, 633 and
$2S2, 40S, 0S1.
Chemicals and allied products, s175, 002,-
sS7 and $1S2, IA.
Metals and metal products other than
iron and steel, Sis, 1913, 4O1 and $3.50, 154, 7O3
Liquors and beverages, Sis, 4S9, 15S and
$93, 49,, ga
Vehicles for land transportation, $751;
5e5 6S3 and SIS, 9S5, 533
Tobacco, SIG, 191,S7S and $74063, O29
Textiles, $93,96S,6O and ST., 1855, POP.
Leather and its finished products, s62.-
IA oil and s45, 0S4, S29
Papers and printing, $50, 271, e91 and s44,-
u.s. AT.
Clay, glass and stone products s46,-
S77,2SS and s23, 25S, 1872.
Lumber and it's manufactures, 1924, no.
PSI and $40, SIS.
Al Miscellaneous industries. s45, 4OS.S69 and