The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-09-11
American Oompany's Absorption
by the Missouri First Step
in Consolidation.
IANNoPoUL0 MAY BE PRESIDENT
Negotiations Have Been Pending q
Year in st. Louis and Other
Cities for One Million
Dollar Deal.

The absorption Of the American Tent and
Awning Company Of No. Z9 Market street,
by the Missouri Ten: and Awning Company.
No 100 North Second street. this week, Is
regarded by many interested persons as the
nrst success among many efforts in the past
year 10 consolidate the most important man
ufactor.es Of tents and awnings in the Cen
trail Mississippi Valley
The firms among which negotiations have
been on foot nave & total capitalization OF
about S.eea.0o. and from St Louis. Chicago.
Kansas City and St Joseph control a large
part Of the business in their line through
out the Middle and Western States The
Missouri Tent and Awning Company is the
largest figuring in the scheme. and the pres
idsat, d. Jannopoulo. Is saio 10 be The
probable head Of the combine. II Effected
Other firms in St Louis rave been ap-
preached. notably the Baptiste Tent and
Awning Company. the Dougherty Brothers
and the Sanders Company. As yet none OF
these has been absorbed. though all are
said 10 have named their prices. Among
the out-of-town firms which have been in
negotiation are: Baker & lockwood Of Kan
sas City. Successors 10 C. J. Baker & Co.:
Murray & Co. Of Chicago and the SeIck
Manufacturing Company OF St Joseph.
"lcL4t SSI1T ODl-En Oh l4S 144SsUull
Tent and Awning Company stated yeszer-
Gay that for several years the ST Louis
rrns when in competition with the manu-
facturers OF other cities. have met and dis
tributed part OF the work required among
themselves in such q way that by collective
effort the goods could be manufactured and
shipped from here quicker than from else
where Out Of this practice, he said. had
grown the idea OF consolidation.
Yes, We absorbed the American Company
q week ago." said Mr.. Gotsch- 1t was q CO.
partnership, n now one OF the psrtners-
William Nettsr0th. is q member Of our fac
tory al Dallas. Tex. The other partner. c.
". Martin. viii be manager Of one Of our
George Baptiste stated that he had been
approached, but that the offer for his plant
had not been satisfactory
Mr.. D ~Jannzpoulo q the Missouri Com
pany called On me Monday last" Mir. Rsp-
uste stated. but said my figure was too
high ] have been offered STOCK in q COM
bins- Similar Offers nave been made to
many Of the large st. Louis concerns; but ]
said I would sell for cash or not al all 1
understand that some OF the others took
the same stand"
Vice President ]. A. Sullivan Of Doughcr-
" Brothers stated likewise that negotia-
tons had been pending for several months
among the St. Louis firms, and aid thar
his concern had offered TO sell out At 3d.
90 and retire permanently from the buz-
ness.
The Missouri Tent and Awning Company
was founded by its president Demetrius
@HnnOpSQlo. II 1876. and was INCORPORATED
IN 1851 At Present IL Is capitalized for $780,
0a. almost all OF which Is held by President
Jsnnopoulo and Secretary Gotsch- II now
operates q fve-story factory in st Louis.
one nearly as large in Dallas, Tex, and il
at present negotiating for q four-Btory
building. TO Be used as factory No-& The
purchase probably wiz be within
G week
The american Tent and Awning Company
wal founded eight years ago by g W. Mar
tin and William T. F. Wetteroth, and I'm
msdiately sprang into prominence In the
trade.