Omaha daily bee. (Omaha [Neb.]) 187?-1922, 1906-07-25
BlUMS TO STAY IN OMAHA
Control Of Iron Plants in Other Cities Doe.
bot Effect Residence.
MAKES THIS CITY GREAT CENTRAL POINT
Policy VIII Re Improved OF Eliminate
ing Middle Men and Selling
direct from Producer
to Consumer.


j. F. Baum returned Tuesday from St.
Louis, where he and his brother last week
completed the deal for the purchase % the
Paddock-Hawley Iron company OF st
Louis. lie has given cut the first authorita-
tive statements regarding the transfer and
regarding the organization and purpose of
the New PaddockSIIawley company at
Omaha
The purchase Of the business Of the Pad
dock-Hswley Iron company Of ST. Louis
makes Omaha the central point for a very
large volume Of business in the iron and
heavy hardware trade. 1t Is known that
the Baums are already in control OF sew
eral wholesale houses in this line located
in western jobbihg points. and that they
are also largely interested in a rolling mill
and horseshoe factory at South Milwaukee
and by the acquisition Of this new concern
at st. Louis they come into control OF
large manufacturing plant in the line Of
wagon and carriage wood stock located at
Fayetteville. Ark. Tho capacity Of this
plant Will be Increased to serve the other
houses in which the Baums are interested
They Will thus be able TO work out to still
greater perfection their policy Of ellminat-
ing the middle men in furnishing supplies
direct from producer u consumer
In addition TO the great advantages thus
secured 10 their different business inter
ests Is also the large advantage OF buying
for number Of strong concerns, thus en-
abling them to contract for enormous GUAM
titles ~ materials giving the manufacturer
an opportunity to make a special run, such
AS will enable him to produce at the lowest
possible cost. Omaha will remain the home
OF the Baums. although their interests in
s.. Louis will be OF such Importance as
to require great deal Of personal atten-
ton. 's trf .r
Cooperation Thirty Years Old,
The Psddoek-Hawley- Company-is a cor
poratlon that has been in existence for
thirty years and has been doing business
approximating two million dollars per am
mum, occupying a building about $50 feet
square, six stories in height and resem-
bling very much in its general style the
Lee-Glass-Andreesen building OF this city.
The building was especially constructed for
this business some years ago by the Samuel
Cupples Warehouse Co. and is part OF
what is known ss the Cupples warehouse
system and is located on the tracks OF the
St Louis Terminal Co Business extends
from Ohio to the Pacific coast and as far
north as the Canadian line, and an exten-
s.ve trade is done in Mexico.
The new organization, known as the New
Paddock-IIawley company, has been incor-
porated under the laws Of Nebraska, with
D. A. Baum. president; Dan Baum. jr.
vice president. and j.. r. Baum secretary
and treasurer. Prominent in the local or
ganization at St. Louis will be Charles T
Brace. Fred Hawley and Gaius Paddock
jr.. all OF whom are young men who have
grown up with the business. II is a notable
fact that Omaha, while boasting OF some OF
the largest Individual Jobbing houses II
the United States IN certain lines, at the
same time controls more Jobbing houses
located in other cities than any other west
eru community 1t 10 a tribute to the en-
torprise and success OF the jobbers Of this
community that such is the fact and thu
growth ofro principal Jobbing houses |!
most remarkable as compared With the job
hing houses OF any other city in the west.
Mr.. Baum vouches for all the statement
made above.