The Topeka state journal., 1901-11-18
A Company With S1O,OOO,OO0
Has Been Organized.
Will Absorb All Gypsum and
Cement Plants.
ON A LARGE SCALE.
Stock Will Not Be Offered to the
Public.
Industry That Began and De-
veloped in Kansas.

Tavrrance Nov. 1S-Within a few
days papers asking for a charter VIII
be filed in the state of New Jersey iOi
the consolidation of practically all the
gypsum cement, plaster and stucco
plants of the United States. Ihe COLI
solidation is of immense interest 70
Kansas. because it concerns an lhouS-
try which originated and was developed
in Kansas, in which Kansas capltal u
largely invested, and many OIL the
plants in the consolidation are located
in Kansas.
The combine will be known as the
United States Gypsum company 1t
will have a capital stock of SlO,OoO'oOO'
divided into S5OO0OO0 preferred, which
will pay dividends at the rate of per
cent a year and a similar amount oil
common stock
The consolidated company will con-
troll the entire plaster industry OF tne
country. Its only competitors OF con-
sequence will be the firms who import
gypsum from Nova Scotia, and the out
put of the Nova Scotia plants is limited
as compared with the output OF the
plants in the combine
The consolidated company expects to
start with production of five hundred
thousand tons of plaster, cement and
stucco year. and it Will open new
gypsum beds and establish new plants
as fast as they are discovered and can
be profitably worked. The combined
plants employ at present about fifty
thousand men.
As near as can be ascertained the
plants included in the combine are as
follows:
Acme Cement Plaster company.
Acme. Tex; Acme Royal Cement Plas-
ter company. NARROW, 1. t; Salina
Cement Plaster company. Acme, Tex;
Salina American Cement Plaster COM
pany, Mulvane, kaS.; Salina Cement
Plaster Lon SfOrd. kaS-.
Sampson Cement Plaster company,
Burns, Kas.; Oklahoma Cement Plaster
company, Okarche. Okla, Roman
Cement Plaster company, Springfield,
kaS.. Blackwell Cement Plaster COM
pany, Wichita, Kas.; Kansas Plaster
company. Hope, Kas.; Wymore Cement
f laser company Wymore' Neo-; Blue
Rapids Plaster and Cement company,
Blue Rapids, kaS.; Great Western Plas-
ter and Cement company, Blue Rapids,
Kas.; Blue Valley Plaster and Cement
company, Omaha, Neb.; Iowa Plaster
association, Duacomb Stucco company,
Cardiff Plaster company, Goblin Cement
and Plaster company, Fort Dodge PlaS-
ter company. all of Fort Dodge, Iowa;
Grand Rapids Plaster company, Ala
bastine company. Godfrey property
Midland Portland Cement company. all
of Grand Rapids. Mich; Dumner mills
chicago; Durr Plaster company, Gran
vile, Mich; Alabaster company Chi
cago; Marsh & Co. Sandusky, o.:
Granite Wall company. English Plaster
works, Pamsee Stucco company Oak
field Plaster Manufacturing comDany
all of Oakheld. n. Y; Buens Vista
Plaster company. Buena Vista Vt:
Adamant Manufacturing COMPANY
Minneapolis. Mimi; Milwaukee Superior
Alabastine Manufacturing company. St
Paul, Mimi
1t is claimed that very little. if any
stock In the United States Gypsum
company will be offered to the public
There Will be no bond issue unless the
n n aal- g. i
deposits and build new mills If 1S
given out that the purpose of the COM
bInauon is to centralize management
and to dispose of the product to better
advantage. 1t is stated that none of
the plants will be dismantled or aban-
doned as long as the gypsum beds
which supply them hold out
Ihe gypsum plaster and stucco indus
try originated and was deveIoped in
Kansas Early in the eighties a num-
Der OF citizens of Salina began experi-
mentIng IN small way with the gyp-
sum deposits near Gypsum City a
small station on the Missouri Pacific
Is miles southeast of Salina. They
burned tne gypsum in a kiln and
ground it to a powder. The result. thew
discovered, was an excellent oualitv of
cement plaster. A company called tha
Saline County Cement Plaster comnanv
was organized with local capital ana =
mill was erected 1t built IN a tbriI-fp.~
became so profitable that additionaI
capital was needed to extend it. and the
company was reOrganized under the
name of the Acme Cement Plaster COM
pany, with an Illinois charter. Its can
ltal was eventually increased to S7o0 :
O0O This company furnished a laroe
amount of the Stucco and cement that
was used IN the erection of the WORLDS
fair buildings in Chicago. Other gym
sum beds We're discovered and other
r,ir
IDS, Hope and other Kansas towns
Another syndicate of SaIina men dis
covered an extensive gypsum deposit at
Quanan, Texas, and organized the Gil
max cement Plaster company. erecting
an immense mill, but this plant was
quickly absorbed by the Acme companv
IN order to carry out its Worlds fair
contracts. About 1894 an imnoerca
gypsum bed was uncovered at Laramie
wyoming, and William Reese. the Sa
ma man who developed the first plant
at Gypsum City. organized a conra1I-
in which John w. RreidentbaI NJ
Scott, now an oil magnate ar Raal1-
mont, Iexas, and other prominent Pom
uilsts were interested. A mill costino
Sl9O,VOO We're erected, but the command
became involved in litigation and was
never dividend paying institution
Still another syndicate of Sa1fr,s -
headed by F. H. Quincy Organized The
Salina Cement Plaster connar1 aS
TINS was until recently probably the
strongest company in the business T.
began in small way with min -
Dillon. Dickinson county. and soon afta,
opsneu another gypsum deposit ana
oult anotner mill at Longford, CLAW
county, and more recently If has -
quired valuable deposits in Texas
: During the past few years a 1aroa
cEumber or companies have been fo,.1,,e5
IS ceneW beds of gypsum have been open
TIE