The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1906-07-08

B0RDENs d May :E \ !; u
Products Company.

Fl. * Especial to The 4Times-DlspatGh)
III NEW: III YORK, July Il ITO flowing the
announcement OF & the formation OF the
American Farm Products ~ Company, IA =
new trust designed TO control the coun-
8try's supply Of butter, milk, eggs y and
chickens, ( many. Inquiries were received
4 from those whose interests are likely to
be affected In various parts of the United
States. II: s. " VI, 4 s,. Is Il VI
NJ So quietly has the work OF preliminary
organization progressed in the last 4 Z, six
months that only those directly interested
In the egotlations5 have known wha t was
going ONT but that the company's plans
con template the most gigantic monopoly
ever established In this country there Is
no doubt among those tamil lar with the
scope Of the thing and the amount OF
capital behind sslt.Sys The statement was
made yesterday that.sif 1t became neces-
snry for, the company to raise $1O0, COO 900
4 for some speedy d yelopment Of thesen-
Z terprise, 1t would have no difficulty In
getting that amount into Its treasury
within thirty days, NJ Z. tia
55sst New y ork y city will be the financial
Headquarters of the trust, and at pres
tent the executive Offices are q t N O.. 50
broadway, hut the general offices are In
the Railway Exchange building. in Chi
tcago. There the Western Board of Man
ayers Will have It's headquarters. and
from that point the great dairy belt Of
the Middle West will be controlled.
Under C ompanys Control.
~ Several former owners Of large cream
cries In the West taken over by tho .nlN-
8pany are members of the Western board,
and still retain Individual management
gof tho plants acquired. hut all are under
the general supervision of the company.
and members Of the board OF a.slgsrs
merely hold office ut the pleasure Of the
board OF directors OF the company. y
5 While such men as Thomas Y, l'yn1,
Levi p. Morton, Harry Payne Whitney
and Anthony Brady are heavy 80 "
holders In the company, the, personnel
Of tho board Of directors provides In
terestlng information to those who nr-
OF its ,nenbcrs aud the largest milk AM:
butter enterprises OF the counirs', Among
the members OF tho board are Sir lflu1-
crick borden, Minister OF War Of ~Hn.
ada; John A. Spoor, president Of tho
Chicago stock Yards; Thomas s'p,sls
president OF the Continental Financs
Company, No. 100 Broadway;4L. Fl, Amy
OF H. Amy u Co., WAL Slreet phnksTsi
Paul d. Bercsford, No. 100 Wli''am
Street, Francis Henderson OF IIenier-
son. I.indley & Coz bankers. No, 100
broadway; William C, Lane. presldant
| Of the Standard Trust Company NtW
York, and James r. Morse, president
| OF the American Trading Company #
| For several months the company BIAS
been active In the prosecution OF w
| fringemcnt suits against various butter
4 refining establishments using patents res
Gently purchased by the company.
/ Bordens May Enter.
1 1t Is asserted that the company new
holds all the patents that are dosl-abie
and that the inferior ones also llnpe
| been purchased and Manufacture ANGER
/ their methods abandoned.
1 Some OF tho most approved processes
were those known rs the Campbell pat
ents, owned by g, II, Campbell. presld nj
OF the Union Condensed MIX Comrnnr,
i which has Offices in this city anu Nsw
Jersey IT Is said that the Union Com,
pany and all Of the Campbell patents
4 have been purchased ny the trust, and
that al Of the other large milk con
\ Germs which now supply the Nav Yr,
4 market eventually Will become part Of
the great combination. One OF s;,e mos
extensive OF these lis the Borden Con
! densed MILK Company, which was incor
! pDrated In 1889, With capital pf N,
VIZ 600 M 81 }l7 IT 5 lte l.f5 tsN{r4l9