The Marlboro democrat. [volume] (Bennettsville, S.C.) 1882-1908, 1901-06-21
MORE TRUSTS FORMING.
Plows. shovela. Matches and Pianos
the Latest to bs Merged. n

the Latest to be Merged,
Tho formation Of great trusts pro.
oeedS apaoo, and hardly a day passoa
but what tho announcement is made OF
combinations of manufa ,turor of arSi.
oloB of absolute human neossity. Pretty
much overy thing a man cats or wears
or tools he uses in his trade, and even
tho ooffia he IL buried in 10 subject so
far as price is oonoernod, to tho regula.
tions of trusts, aud tho end Of it all is not
set in sight. Among some Of the latost
trusts to be formed are tho following:
An official Of tho Diamond Match
com pauy says that'a consolidation Of
tho Eaglish braLoh with tho Bryant d
May company would bo affected soon,
y. y; Barbor, presid snt Of tho Diamond
Match company, and several managers
and y. II. Palmer arc now in England
olosing the negotiations for tho consoli.
dation, and it is snnouncod that Charles
Baird, it's attorney will leave within ton
days on tho samo mission. The Bryant
" May company had complete mo.
nopoly Of tho match business in Eng
land until tho Diamond Match oomps.
ny built itB Liverpool factory fow
yoars ago. Since then tho two havo di.
vided tho businoss Of the Uaitod king.
dom. The Diamond Match company Of
America owns 81 por cent. Of tho
English corporation, SO that the ,nsoli.
datlon Will be Of great benofit to the
foImer company.
a combination Of tho piano manu-.
faNu :ors, embracing tho entire output
OF tho country, il in process Of organi.
z.tion. Mato A. Blumenberg, editor
Of the Musical Uourior, Of No y York, is
IN the city promoting tho sob emo. Ho
says that tho purpose Of tho combine is
TO roduoo tho selling oxpenaaa. which
arc now $40 for every piano mado. Ho
says that while the combination will out
OFT q number OF hangers, on Of tho trado,
it will materially bouo6t the WORKING
in tho Factories Where some factories
shut down largo part Of tho year bo-
cause OF lack OF capital to accumulate
stock, tho combination arrangement
would furnish fuads to keep thom run
ming, thus benetiting all conc ,rnod. Ho
will endeavor to interest Cincinnati
manufacturers in the sohemo, and says
that noarly all of tho largo factories
hevo tho mattor undor consideration.
Negotiations wheroby twonty or moro
Of tho loading plo4 Misunderstanding
films of tho middle West will form a
trust with capital Of about $40, 000,-
600 have been practically completed in
Chicago. The company will bo fnano.
cd by the United States Mortgage com.
pany, Of Now York, which will obtain
tho money from tho Mutual Life and
tho Equitable Lifo Insurance com.
panies. The headquarters will be ID
Chicago!
Sixteen Of tho largest manufaotur,
ors OF shovSls in tho United States arc
forming tho shovel trust Of which m any
rum0rs have been circulated, and y. q.
Loring, of Boston, who was one of tho
organlx, ,rs American Steel Wire com.
pany, is engineering the dcal.for them.
Tho capital of the corporation will be-
about SIU, QUO, ,UUO, i and i 4 j orsoy OF uy
ohsrsor will be beoured. The papers
havo already been drawn up and all
the western Pennsylvania manufao.
turers have sgreod to join.
Tho Cleveland rivals Of the 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, 900 for the whole Of tho proper.
tics. 1horo are three of tho oonoerns-
Sohofeld, Shurmer & Geagle; tho
Cleveland Refining company and tho
Solo Refining company. II. r. Wilson,
Of New York, is credited with engineer
ing the deal, which cxtinguishes tho
last spark Of competition with tho
Standard Oil company in Ohio.
So tho list will be extended until
ovory conceivable article Of human
consumption or uso, with the oxcop.
ton of air, will be in the control Of
monopolies.