The Washington times., 1901-12-31
BILLIONS In
COMBINATION.
Census Report on Industrial
Organizations.
Why Word TRUSTS is AVOIDED.
Capital Of Plants reported Nearly
s1,5oO,ooo,ooo, While Author
lied Capital Exceeds $4,000
100000 - Steel Corporation
Given a Special Table.

The Census Bureau made public yester-
day the statistics relating to the So
called Industrial Combinations, as they
existed during the census year ended
March 81, 1900
The statistics, the report says, have
been prepared to meet the popular de
mand for information regarding corpora
tions organized in recent years by the
combination or consolidation under sin
gle corporate management of a
number of plants engaged in the same
line of industry. When the census OF
manufactures is completed. it will be pos
sible TO show what percentage of the total
products of manufactures in the censu,
year was controlled by these industrial
combinations. but at present, i is only
possible to show the actual figures for
those establishments"
Definition of the Term.
In order TO obtain uniform basis of
tabulation. the following was fixed as a
definition which should limit and desig-
nate the corporations tc be included
For the purpose of the census, the
rule has been adopted to consider no ag-
gregation of mills an Industrial combina-
tion unless it consists of a number OF
formerly independent mills which have
been brought together into one company
under charter obtained for that pur-
pose. We therefore exclude from this
category many large establishments. com
prising number of mills which have
grown up, not by combination with other
mills. but by the erection of new plants
or the purchase OF old ones"
Why Word "Trusto Was Avoided.
The word trust" was avoided. because
it stands technically for a form OF organ
ization which gives trustees an irreyocable
power of attorney 10 vote stock as they
see fit
The list contains the names and ad-
dresses of 1s3 corporations. controlling
2,O29 plants that were active during the
census year. and also Ia plants that were
reported as Idle during that period show
ing an average Of eleven active plants TO
each corporation.
The list reveals the fact that SO Of The
iS3 corporations treated rs Industrial
combinations were organized prior 10 the
year 1897. and 20 or sos per cent. were
chartered from January l. 1888. to June
30 1900.
Nenriy sI.5oo.o0o.ooo of Capital
The capital reported for both active and
idle plants was:
Number OF plants. 2.li7: active. 2O2S;
idle. 1i9.
Total capital. S1.45S .522.573; active. ST.
z3S. 500 $40; idle. S2i.717. .s5S.
OF the idle capital S6.376. $50 is in iron
and steel S12 4sl.5sS in chemicals. 50 OI0. e
e76 in liquors and beverages.
The report says: In addition 10 manu-
featuring operations. some Of the compa-
MES we're engaged in meTca ntilc trans
portation, ana other pursuits and their
capital stock and bonds were issued to
cover all their operations
ut has been Found impossible to divide
the capitalization so as to show only that
portion which represents the manufactur-
ing operations OF these corporations. and
care should be taken. therefore. not to
regard this total capitalization as in any
sense equivalent to the actual capital en-
ployed exclusively in manufacturing.
The authorized capitalization of the sew
eral corporations included in this report
and the amounts Of the capital stock is
sued arc;
Total authorized. s.. .G07. .53a 200; issued,
ss, 0S5. .200, SOS: bonds authorized. S270. 121.-
ESQ; issued. s2l6. IL, ,75s preferred stock
authorized, Sl.259. $4,000: issued. 81. 066,
525.9ss: common stock authorized, SCOT
Sa1 .05G; issued, Sl.sG2, 2s2146.
Special Table for steel Corporation.
There is a special table showing the
constituent companies absorbed by the
United States Steel Corporation, number
ing eleven. with a total authorized capi-
tai of sl,404o0o
The Steel Corporation is not included in
the regular tables-its constituent com
panies being given-because it was formed
This year.
The number of combinations in the va
rious branches OF industry in existence
when the census was taken is given as
follows:
Iron and steel and their products-Foriy
combinations; Az plans; S3il.779,954 cap
ilal-
Food and allied products-T Twenty y-one
combinations; 27s plans; $246.623. .G23 cap
ital
Chemicals ami allied products-Fourteen
combinations; 2lS plants; I75,002, ,SS7 cap
ital.
Metals and metal products other than
iron and steel-Eleyen combinations, So
plants: Sis ,519. .4O1 capital.
Liquors and beverages eight
combinations; 219 plants: sllS 49, l5s cap
ital.
Vehicles for land transportation-Six
combinations; 65 plants; ss5,s65,CS3 cap
ital.
Four In Tobacco.
Tobacco-Four combinations; il plants;
SIG. .191. SIS capital.
Textiles-Eight combinations: 72 plants;
sg2 4ss sos capital.
Leather and its finished products-Five
combinations 100 plants; s62. .I3i.0ll.
Pauer and printing Seven combina-
tions: JIG plants; S5s27l 6sl capital.
Clay. glass and stone products-Fifteen
combinations; $50 plants; S4G,S7S,92S cap
ital.
Lumber and IT'S remanufactures- Eight
combinations; 81 plants s2i,s70,2s1 cap
ital.
Miscellaneous b.dustries-SiXteen COM
blnations; lis plants: $f5. .iGS, ,s69 capital.
The arrange ment as to production by
groups brings the iron and steel industry
al the head. with gross product OF $685.
625,1S2 which is more than double the
value OF the product of any other group,
except that OF food and kindred products,
and represents nearly one-third OF the
gross value Of products Of all the indus
trial combinations
The total value of all the products OF
the industrial combinations reported Is
81 SCI 295 .56i, which figures best speak for
themselves when compared with the total
gross value OF al manufactured products,
as shown by the census Of 1890 namely,
So ,372 ,42T 2Ss.
Paid sf34.53I.1I5 In Wages.
The ls3 combinations represented in the
tables employed on an avorgze 3ss.Ia2
du~fag ~, ,a,,-,,-