The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1904-01-16

Authentic information setting at res
forever the wild rnmors that have bee
eirclnated here several days, concernin;
deal of rnuch magnitude in wholesal
grocery circles has been obtained whi4
gives the actual situation and expose
the ridiculous surmises made in all 0
those rumors.
There has been deal Of gigantic pro
portions, but consisted merely of til,
purchase of The business oil the Koble
CARDS and two or three Others in thi,
section of the state by the people ii
Armstrong, Crislip, Day & Company
wholesale grocers.
The new concern is known as tn,
General Distributing Company and wa,
chartered few days ago with an au
thcrized capitalization of $l0OOOoo a,
stated in Thursdays issue of This paper
II takes the Koblegard houses and on,
or two others and unites them with the
several houses Of Armstrong, Crislip. DAY
& Company.
The establishments that have changed
hands by these negotiations are tho
Rarhl-Koblegird company's here and q.
Weston and its cigar factory here, tho
Joseph Speidel Grocery Company. al
Grafton, and Ruhl & Company, at Graf.
ton. Included in the new eompaa; !.
property or rather added to those pur.
chased, as already mentioned, are Arm
strong, crislip, Day 4 company's houses
here, at Buckhannon, at Sutton and Elk.
ins, and an establishment win also be
Inairstained in l'airmont.
The personnel of the new concern in
cludes j. A, Crisiip, of Armstrong, Girls.
lip, Day & Company, who will probably
be president of the new Institution
Frank Armstrong. Of the same firm, VIII,
will DE secretary, treasurer and genera
manager of the new organization
sicsrs John A. Clark and George A.
Ferguson, Of Fairmont, who are bust
ness men; N. d. McClrthy, of this city
and Day Brothers, of BudShannon. Mos.
of these gentlemen, as will be seer
are prominent members Of the Arm,
strong, crislip, Day & Company.
The businesses purchased at Graftor
will De eonducted under the name ol
the Grafton Grocery Company and viii
DE under the management of w. X
Gregg. who Is all present and has beer
several years the successful manager oi
Ruhl & Company, at that place. Mr.
Gregg prior DO that was buyer for tn,
uhl-K5blegrrd Company here. He !.
one OF the most popular and proficient
men in the wholesale business in Yves
Virginia and under his management th,
house at Grafton viii do a big and sue
cessful business.
The wholesale house Mt Weston, ac
q,rircd by the deal will be known as th'
Weston Grocery Company. Robert \
Kdblegard, who is at present at the heat
OF that establishment, has been retained
to manage it. As in the case of Mr.
Gregg, Mr.. Koblegard is practical ma:
in the business and has attained extrn
ordinary success.
lie business here will be run unde
the nine Of Armstrong, Crislip, Day !
Company, Just a. heretofore, and "
be under the rersonal supervision 3
memocrs Of the company.
The total amount involved in tn
transaction was about Sl,000,0o0 an,
includes seven OF the leading and larg
est wholesale houses in the state. III,
business win be of gigantic proportions
the annual sales amounting 20 NOR
.ban $ 100000 The magnitude OF th
business win be as big as any done out
side Of New York, and Chicago, Pitts
barg not excepted, and II will be Pashe-
Win that great degree Of enterprise an
energy that Characterize the gentleme
who are al the head Of the concern an
vino have made Armstrong, Crislip, Da
& Company such a prominent factor
the wholesale grocery trade.
with ahe end IN view Of brnnching on
and extending the business OF those "
are ut the head Of the new concern i
formation was Effected, and in the =
lection of the heads q the variou
houses ana departments qualification
whsh would insure success were consic