Mineral Point tribune. (Mineral Point, Wis.) 1869-1938, 1901-08-01
ANOTHER GREAT COMBINE.
Four Large Manufacturing Concerns
United Under Ono Management.
PHIL ALLEN PRESIDENT,
And Tho Kelly Company" Of Mineral
Point . Part Of the Big Concern.

AS noted In the Tribune last week.
a number Of strangers were then in
the city holding daily conferences at
the Hotel Royal with Messrs Allen
and Kelly, proprietors of what is
known locally as The Asbestos
Works" and constituting the legally
known kelly Company" These
conferences resulted in bringing into
combination four manufacturing es-
situations of kindred character and
interests, to wit: The Northwestern
Tow Company, Of Iowa and Mime
sofa; The American Pull and Linen
Fiber Company, of DEBORAH, Ia; The
Cellular Insulating Company, of Gin
cinnati. Ohio, and The Kelly Com
pany, of Mineral Point.Wis. The first
named company has for years been
manufacturing tow for upholstering.
They have some fifteen mills thro'-
out the northwest and control three
fourths- OF the tow trade of the coun-
try. The American Pulp and Linen
Fiber Company take the tow and by
chemical process manufacture it
into IA car box packing, paper pulp
ana lining for refrigerator cars. The
Cellular Insulating Company are
large manufacturers of mineral wool.
The Kelly Company has for the past
seven years been quietly experiment.
ing i'm the lines of business that the
above three concerns were engaged
in, until it had become an important
factor to the success Of the three
other companies. AS the local COM
pany advanced its business it secur-
ed patents on important discoveries
and Improvements made, until it had
practically IA monopoly of some of
the articles made, and it is because
of this fact that the other companies
sought a union with the Kelly Co.
This union of interests gives the
new organization IA strong hold upon
the flax fiber and mineral wool in
dustries of the country. They will
take the raw straw in the field and
control its various forms of manu-
facture to the finished article for the
trade. They will also do the same
in the line of mineral wool, and UNI
der the Kelly patents both materials
will be brought together in articles of
great commercial value and utility.
The name of the consolidated con-
Germ is "The Union Fiber Company"
to be incorporated under the laws of
New Jersey. Among it's stock hold
ers are; Mr.. +. G. Boynton, president
of Lacrosse land company; Mr.. j..
*. Brady of Dodge Center, Mimi;
Mr.. A. G. Brown of Elma. La ; Mr..
+. w. Hoyt, of DEBORAH, Ia; Mr.. w.
H. Webster, of Oconto, Wis. Mr..
Proctor, of Proctor d Gamble Soap
Co.; the western manager of the T..
$. Express Co.; the yice-president of
the Big Four r. r., and A. j. Red
way, of the Redway Oil Co., of Gin
cinnati, Ohio.
The only thing to be regretted in
this organization is the fact that the
business of the Kelly Co. will be re-
moved from our city. Part of it will
go to DEBORAH, Iowa, and part to
Yorktown, Indiana. Messrs. Allen
and Kelly strove hard to keep the
business here, but the fact that every
thing had to be shipped in, and that
the freight would consume much of
the profits, was too strong an argu-
ment against them. 1t is ruinored
that an equally good industry, to
be promoted by the old firm, may
in "A short time take its place. We
hope it is true.
In the selection of officers our city
was honored by the unanimous cleo
ton of Mr.. Allen as president of the
4.