The Birmingham age-herald., 1903-06-22
Louisiana Rice Planters Plan a
 Gigantic Consolidation
BEEF POOL PERFECT MERGER
Farmers Trust Now Has Membership of Nearly too,ooo-lts Recent Meeting In Indianapolis Was
 Large and Enthusiastic.

pine, With an authorized capital or Sb,OOO Q GOO, was incorporated at Trenton. N J., recently.
 The Great Lakes Engineering combine is to be organized, with capital of s1,5O0.o o00 and will locate a shipbuilding plant in Detroit
 The iron works of Springfield and Au- rora, Mo, and lola. Kan, have been con- solidated under the name of the United Iron Works company, with capital of $65O, coo
 The negotiations in progress during the last month for the absorption of the four California powder manufacturing com panies by the $5O,Ooo.ooO corporation re- gently organized under the laws of New Jersey by the DuPonts of Wilmington. Del, are practically completed. The Cali fornia plants will pass Into the control of the DuPont company by July I.
 Dispatches from Copenhagen say 1t is reported that two Americans, acting in behalf of the United States Steel trust have offered hattering price for the important iron mines in South varanger Norway It is not likely that the offer will be refused.
 Henry M Whitney of Boston has been elected president of the Newfoundland Timber Estates combine, recently or- ganized to operate in Newfoundland. The company controls 1,760, 900 acres of timber lands and owns seven mills The com pany Is capitalized at A,5OO,00O, including $1, 00O in first mortgage 5 per cent bonds and s. 30OO0O0 stock.
 q.. f., fc md ui lature to collect $2OOO0 earned under the beet sugar bounty law. the Minnesota sugar trust recently obtained a legal standing in the Supreme court. The court granted the petition of the company for writ of certiorari. directed to State Auditor Iverson, to show cause why he should not certify to the court the rec ords in the beet sugar controversy.
 The National Newark Banking company and the Essex County National bank will combine under the name of the Ma l tional Banking company, which then will be the largest national bank in the state of New Jersey. The combined capital will be g, 300, 000 making the equivalent of a total capitalization of more than $4500,OOO The combined deposits will be about Ss. 600 GOO, the combined loans and dis counts more than S10,00OO00, and the com bined assets about $15,000000.
 A plan is being presented to the stock i holders of the Compressed Air Trust for the merger of that company with another company engaged In the railway equip ment business, provision being made for the financial needs of the Compressed Air l company. It Is proposed to merge the l Compressed Air company in this new | company by issuing one share Of new l stock for each two shares of the present company upon the payment by the Com pressed Air stockholders of s3 a share. l The American and Mexican Smelling and Refining combine filed articles of in- corporation recently. It's capital Is S30 0OO.0OO The corporators are o. s. Lee. N c. Clark and Edwin Christy, and the company Is empowered to own. lease and l operate mines. The main office will be in New York city and branch offices will be established throughout the west. A large refinery will be constructed either in Bal timore or at some other point in the south. English and American capital Is said to be behind the new enterprise.
 It Is understood that the Northern Se- curities Trust will be voluntarily dissolved and that the stocks of the Great North ern and the Northern Pacific Railroad companies will be distributed among the shareholders. In thls manner the proper ties mentioned will be returned to their former owners The Northern Securities company was incorporated in 1901, with a capital of $400.000 GOO. It's formation was the outcome of a struggle for control of the Northern Pacific. which precipitated the stock market panic of May 9, 1901
 Henry E Huntington and associates in his great Trolley Trust are making exten- sive preparations to spread their electric railway system all over southern Califor- nia. Recently a $l0,0O0O00 corporation was added to the trolley kings list to ex- tend the Huntington- -Hellman lines and a third company is to be formed to ex- pend sloOOo,0OO more. The new company is the Los Angeles Interurban and Is backed by the same men as the Pacific l Electric. More than 400 miles of railroad 1 are to be built within the next two years
 Arrangements are being perfected to hold convention at Pittsburg, Pa. with in the next two weeks to form an In ternational association of organizations of contractors. Among the associations that will be represented are the Building Trades Employers association of New York, the Cleveland Builders Exchange. the Master Contractors association of Chicago, the Builders club of PhiIadel- phia the Builders Exchange of Cincin- natl, the New Orleans Contractors asso- citation and the Master Builders associa- tion of New York city.
 The Crowley Rice company, limited, or | edni1en ieW udyS ago at crowley, La, and capitalized at $250,0O0, Is the result of the rice combineY proposition sub mitted to the Rice Milers' and Distribu- tors association at their last meeting at Lake Charles by George c. Mills of Chi cago. Eight of the large mills at Crow ley have linked forces to promote the new organization. Special agents of the company will be stationed at all the prin- j cipal cities of the United States. Mills in l southeast Louisiana and southeast Texas, it is said, will be extended an in- vitation to join the company and dispose l of their outputs through it.
 Plans have been perfected for the for nation in Pittsburg of one of the great est combinations of banking interests | ever undertaken in the country By the deal the Farmers Deposit National bank. Colonial Trust company. Colonial Ma tional bank, Americah Trust company. Pennsylvania Trust company, Columbia National bank, Tradesmen's National bank. Germania Savings Bank and the | Freehold bank will be merged. The capi- tai of the new concernI which will be probably known as theS Colonial Trust company. will be $7OO0.0do, with s16.OOo.- 900 surplus and undivided profits and l about S55. 000,000 deposits, making the total resources $7S.000,OO0
 Through the purchase in Chicago of the Continental Packing company. at the union stock yards, for d consideration of about s1.s0o0o0. the beef trust has ob- tained control of all the foreign plants at the yards, except that of Lipton &, (Nz n, ts.