Barre evening telegram. (Barre, Vt.) 1898-19??, 1902-01-02
TALK OFCDMBNTTRUS
Reported Plans Of a Big New York
Syndicate.
DETAILS ARE KEPT SECRET.
IL II Asserted. However, That the
Idea IL to Lessen Cost of Pro-
ductiOn and Thus Meet
Competition.
New York. Jan. 2.-The Commercial

New York, Jan. 2.-The Commercial
advertiser prints the following:
| Capitalists are negotiating for the
| purchase of the various cement quar-
rles and mills in Ulster county. the
great cement region of this state. with
view, It'll said, of forming a great
cement trust. BY the consolidation
OF tue various cement properties and
inc hinalga nation of their manage
ment under one head, with offices in
New York city. it is believed that the
cost or cement production can be ma
terlaIly lessened and the competition
or the portland cement manufacturers
met IN the open market Although
the matter has been kept secret. those
Interested in the prospective cement
trust. mostly capitalists of New York.
have had agents at work up i'm Ulster
county for several months. EXamina- |
IONS and appraisals have been made
OF the cement quarries and mills, both
large and small. with the view of pur.
chase. Already one of the largest
cement plants in Ulster county. that
or the Lawrence Cement company. has
been purchased by the syndicate Of
capitalists interested in the project
thousands of barrels Of cement are
turned out daily from the mills and
quarrles at Eddyvillc and Rosendale
IN Ulster county. the company employ
ing more than 1000 men in quarrying
and milling its product Besides alb
sorblng 10y purchase the business of
me Lawrence Cement company, it is
'ald that the promoters Of the trust :
dea have secured options on other I
aree cement properties. Among those 8
NAT are now said to be under thirty =
Ia! options are the following: New
lofK and RoSendale Cement company. +
he f. q. Norton Cement company. the ,
-awrencevil'e Cement company. An !,
rev J. Snyder Cement company. the p
ON Miller Cement property and the Il
'ewa:k Lime and Cement Manufac. n
lrhg company. g.
Worth About $4,000. 900. 81
Ihese several properties are worth in II
re aggregate in the neighborhood of n
',ooO.oOo. The properties of the Law CO
nee cement company at Eddyville
ID Rosendale, which have already e,
zen purchased. are said to be worth ff
lily $2,oooooO alone. Those persons fc
no are IN position to know declare
at the purchase of all the cement
operties. including quarries. mills
RS, mules. cooperage shops and the r.
rlous other appurtenances, would call
an expenditure of nearly $4,000
@.
SINCE the sale of the property of the ~
|Wrence Cement company officials OF ~,
az company have announced that %,
reafter that corporation would en-.
ge in the manufacture of portland g.,
nent on a large scale in the state of -. -"
hhsyIvanla. The narrow margin of s,,,
int afforded by Rosendale cement a.,
the principal reason. it is said. ~,
1t led the Lawrence Cement COM nv
ny to sell its Ulster county proper W.,
and go out of business in this state. >,
ne idea of the capitalists who are IT,.
ching out after cement quarries in .ne
YORK state. with view of form NM,
trust, is to reduce the cost of ,,ua
eng the manufactured Rosendalc hn o
lent product in the hands of con. N'0
ners. This can only be DONE it is
ught. by having the industry con-
led by single headed management
the formation of cement trust if no'
believed. the strong competition of "ne
portland cement manufacturers Gu
ID he met successfully. VI
800