The times. [volume] (Richmond, Va.) 1890-1903, 1902-09-19
MACHINE FACTORYiTRUST.
Women Who Stitch Must Face the
Combine.

BELEIDERE. ILL. Sept. 1S.-A large
corporation is being organized, with
proposed capital of $50. 100000. for the pur-
pose of taking In nearly all of the sewingi
machine manufactures in the onited
| States. This information comes from a
| source OF highest authority The-ideal has
[ been under consideration for several
+! weeks.
Representatives of the leading sewing
machine concerns have been in confer
New York City and it Is stated t.a. every
thing has besp Satisfactorily arrange and
that the final settlement is now up to the
auditors anil appraisers.
The last meeting 4 the New York head
quarters came TO a ciose Friday after
noon. at which time all the sewing ma
chine manufacturers who had been in
Guided in the proposed merger signed
the necessary papers to complete the
deal.
1t is stated that the feanciers behind
the proposed merger have agreed upon
Barrabas EldredSa, president of the Ma
tional Sewing Machine Company of this
city as The president of the trust Mr.. Ell
drecSe is an old and experienced man In
the sewing machine business He began
in detroit years ago and later located in
Chicago where he conducted business
until his renc.val to Eelvedere fourteen
years ago. At the present time he con-
trolls the NATIONAL Sewing Machine Com
pany. which has Il capital of ove- 81 0G1-
$50. Mr. EllredSe returned from New York
yesterday. When seen to-day. he re-
fused TO be interviewed concerning the
formation of the trust
A sewing machine nan who /, In q pn-
sition to know said 1t WIS true that the
corr7biua ton had been agreed upon He
said that everything was settled except
the work of the appraisers. The COM
bination he said. was made necessary
by the fierce competition in the Twins,
machine business. FIe dacia red that this
competition came larceiv from the mall
house orders of the country who bought
sewing machines in Iorge quantities at
very close margin and then sold theCn
as leader with scarcely any profit The
Singer Company Wheeler & Wilson and
Wilcox & Gibbs. which do an agency
business exclusively. have not been con-
sidered in the combination. as the pro-
moters figure that these companies do
not enter into competition with the COM
panies which sell to the mail order
houses and jobberS.
The sewing machine factories which are
reported to be the combination are To-
Gated In the Central. West and East.
These ccrccrns are as follows:
New Home Company. Orange. Mass
Household, Providence. r. T.
Domestic. Newark n. J.
Denorest Nr1liarsport. Pa
Williams Manufacturing Company.
PlattShurs, n. Y.
Standard and White companies. cleve-
land. O.
Davis Dayton. o.
Foley & Williams Manufacturing Com
pany Chicago and Kankakee H.
Chicago Sewing Machine Company
National Sewing Machine Company,
Belvidere.
These companies. representing millions
of capital and employing thousands OF
skilled mechanics. will go into the trust
and with one or two exceptions. have
actually signed the papers of agreement.
1t Is plaQ1ed to make Belvldere the
principal western manufacturing point.
consolidating several factories at .hi.
city to save expenses The factory now
located here has daily capacity OF over
1000 sewing machines and employs 100
men,