The Savannah morning news. (Savannah, Ga.) 1900-current, 1901-12-31
CENSUS OF TRUSTS
STATISTICS OF INDUSTRIAL COM
BINATIONS.
MAJORITY OF RECENT ORIGIN.
THE FIGURES RUN IN BILLIONS
AND MILLIONS.

The Census Figures show That
There Are 1873 of These Corpora
tions with n Total Authorized
Capital of $3,eO7 ,539, ,20O-The
Value of Their Output Is $1,6G1,-
295,364, Equivalent to over 20
Per Cent. of the Value of the En-
tire Manufacturing Output of the
Country-SteeI Trusts Lead.
Washington, Dec. 30.-Census sta
tistics made public to-day on indus
trial combinations show a total au-
thorized capitalization May 81, 1900 for
tie 1873 corporations reported OF $S,-
6O7. .539. 200. and capital stock issued
$3.0S5, 200, SeS. OF this total the author
lied capital includes $27O 127 ,250 in
bonds; $1,259, 900 in preferred stock
and $2,077 S71, 900 common stock; the
capital stock issued comprises $216,-
412759 in bonds $1,066, ,525,963 in pre-
ferred stock, and$1, 500. .262,146 common
stock. The total value of all the pro-
ducts of the combinations reported is
81, ,661, 1886, 364, and subtracting the value
of the products of the hand trades, or
the mechanical and neighborhood in
dustries, which amount to $1,216, 165, 160,
the products of the industrial combi-
nations in 1900 is found equivalent ITO
over 20 per cent. of the total gross
products of the manufacturing indus
tries of the country as they existed in
1890. The 1873 corporations employed
an average of 399, 1872 wage -earners. re-
ceiving $194, ,534,7 us in wages. Employ
ment also was given to 24,5S5 salaried
officials. clerks, etc, receiving a total
of sS2. .65S 62S in salaries. Miscellaneous
expenses of these combinations aggre-
gated $151 ,S51,077. The total cost of
terial used was ST. .0SS. s2S. The gross
value of products, less the value of
material purchased in partly manufac-
tured form. gives the net or true value
of products OF these combinations as
81 051, ,9s1. .5S6. This represents the in
crease In the value Of the raw mate
rials resulting from the various pro-
cesses of manufacture.
The 1873 corporations reported con-
troll of 2,029 plants that were active
during the census year and ia reported
as idle during that period. The re-
turns show an average of II active
plants to each corporation.
Mostly of Recent Origin.
OF all these Industrial combinations
SO were organized prior to 1897, and in
the years 1897, 1898. 1899 and prior to
June 30. 1900, there We're organized
seven. twenty. seventy-nine and thir-
teen corporations respectively. over
60 Te nf oil Of
such corporations were chartered dur
ing the eighteen months from Jan. !,
1899 to June 80, 1900 The statistics of
industrial combinations exclude all
corporations manufacturing and dis
tributing gas and electric light and
power, it being impossible to trace all
of the latter, and they do not generally
possess the same economic signif-
canoe. The returns show that the iron
and steel industry is at the head of
the list, with gross product of $685.
626.4S2, which is more than double the
value of the product of any other
group, except food and kindred prod
ucts, and represents nearly one third
of the total gross value Of products
OF all the industrial combinations. The
capital invested and value of prod
ucts in the various classes of indus
trial combinations respectively fol-
low:
Iron and steel and their products.
$341, ,779, ,954 and $50S, ,626, ,4S2.
Food and allied products, $246, ,623. .633
and S2S2, ,40S, ,0S1.
Chemicals and allied products, $f75,-
002,SS7 and s1S2, ,3a1,7
Metals and metal products other
than iron ard steel, $11S,519,401 and
$3.50, ,154, ,703.
Liquors and beverages. $11s, ,4s9. 1853
and $93, ,432, ,274.
Vehicles for land transportation, $685.
965, ,6S3 and $S5, ,9S5. .533.
Tobacco, $16191 ,S1S and s74, ,063 .O29.
Textiles, $92, 1884, 606 and 81, ,SSS, POP.
Leather and its finished products,
$62.734.011 and $45,6S4,S29.
Paper and printing, $59,271 ,691 and
$44. .41S,41
Clay. glass and stone products, $46,-
S7S92S and $2325S, 1872.
Lumber aud it's remanufactures,
$24 4470.2S1 and $20,37s.s15.
Miscellaneous industries, s45, ,40S, 1853
and $4S 605,073