The Iola register., 1902-02-28
SMtLTER COMBINE FIGURES
something About the Huge Load
the Proposed Trust Wi II
Have to Carry
From the Lead and Zinc News.

been in New York this week, have
left for their homes, apparently salts
fled with the progress toward consoli-
dation, though it seems to be well in
to the future. While none of them
was willing to enter into any detailed
discussion of the status of the enter
prise, it is known that they are rest
ing under the impression that at any
other time since the scheme was first
broached. Definite announcement of
the progress of the enterprise may be
looked for within the next ten days or
two weeks, it is said.
1t was on Monday that the gather
ing of the zinc men became noised
about. j. S. Rogers, president of the
Lanyon Zinc Company, has BEEN in
New York for a week past. Then came
b. f. Hobart, at the head of the Cher
okee-Lanyon Smelter Company; A. b.
Cockerill, of Gas City Kansas: J ID.
Cappeau, Mr.. Rogers right hand
man. and representatives of the other
firms interested in the proposed con-
solidation. A conference was held
with the promoters of the enterprise
and then among the smeltermen them
selves.
After these conferences it was an
nounced by one of the men in attend
ance that while the promoters had not
! furnished the western men any great
amount of explanation regarding the
manner of securing the funds for the
consolidation, tehir statements ofpro-
gress had been entirely satisfactory.
Then the smelters' representatives de-
cided to return to the west, leaving
Mr.. Cappeau to look after their inter-
ests in New York a. b. Cockerill,
who has fathered feature of the pro-
! ject that did not meet with the appro-
val of all the interested parties, was
the first to leave, the others following
Wednesday night. While little ad-
ditional has been given out here,
circular showing interesting statistics.
has been circulating among the metal
rades, showing somethingof the plans.
values and supposed net earnings of
the different plants. The statistics
are particularly interesting when dis
sected. The following purports to
show the estimated annual profits of
the establishments figuring in the con-
solidation, and was prepared by NAL
colm;C. Anderson of this city:
| n Il
| Nevada, coal: annual capacity 200
tons; annual estimated profits .s 16 600
George f. Nicholson, plant No. 2, To-
Gated at lola, Kan. gas; capacity
1900 TONS annual net profits. =. zee 377, ,475
Prime Western Smelter Co., Gas,
kan, gas; capacity $500 tons; annu-
al net profits ...................... 1888 ,6l5
Colinsville, Zinc Co., Collinsville, H.,
coal capacity 600O annual net pro-
| nj ...,.... Observation-Disclosures, 9O,240
James La Tourette, located at Mar
ion,Ind. gas; capacity 1000; annual
| net profits ACKNOWLEDGEMENTS. $4,000
| Vulcan Spelter Co, Uplands, Inc,
Kansas Zinc Mining Co., plant at Cir
ard, Kan coal capacity $500 tons;
annual net profts.,..... ..,...,..... 50, 1856
gas; capacity 5000 tons; annual net
profits ...... Gee. ............. 63,45O
A. B Cockerill, plant at Gas, Kan,
gas capacity $500 tons; annual net
profits ,..... ...... ................. 1888, ,Gl5
Bruce Mning& Smelling Co., plant
at Bruce, Kan. profits from royal
ties and zinc lands mo smelling OPP
erationsJ Observation-Disclosures. l1,6OO
Cherokee-Lanyon Co., seven plants
located at Weir Pitsburg. Nevada,
Cherokee and Gas, all idle with the
exception OF one which is gas
smeter; annual net profits. ..... 1881
Lanyon Zinc Co.. four plants, at lola,
La Harpe and Pttsburg; all gas eN-
cept one capacity i5,OOOannualnet
profits ....... .......... ............. 10000
| Illinois Zinc Co. plant located at
Peru, ILL.,: capacity 10000 tons; net
profits as per statement furnished. $1,000
Matthiessen & Hegler co., plantat La
Sale, H., capacity 10000; annual
net profits O.. ............... ........ $50 600
Total net profits of l2 companies So S5G, ,OO2
1t will be remembered that the Mich
olson plant at Nevada, Mo-, has not
been in operation for upwards of a
year, being unable to compete success
fully with the smelters in and about
lola, which use gas orfuel. The Col
linsville smelter, during the past eight
months, has suspended operations,
another surrender to the supremacy
of gas The Cherokee-Lanyon plants
at Weir, Pittsburg and Nevada, have
been practically abandoned for
months, as has the Pittsburg plant of
the Lanyon Zinc Company. There
fore, estimates of possible profits
from these plants are not to be con-
sidered, since they cannot be profit
ably operated in competition with the
gas belt smelters. Thus large por-
tion of the estimated profits are mere
possibilities and not probabilities.
Granting that the enormous earn
ings of the Matthiessen & Hegeler