The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1908-01-31
FATHERS
THE LARGEST
CONCERN
New Jersey Incorporation
Of $lO,eOO,O Holds
Month Record.

NEW YORK, Jan. 31.-Incorporations
in the eastern States during January
aggregated the smallest total Of any
exception. The total capitalize
ton of the companies formed in the
States of New Jersey. New York. Della
ware and Maine, with a capital OF
81. 900, 900 or more, as reported to the
New York Commercial, was S36, $50, 900.
There is no parallel for this small in
vestment, except in the month of DC.
tion of the companies formed was
but $50. 700, 900.
In January, 1907. the amount repre-
sentcd by tho Incorporation of new
companies was more than $500, 100000
greater thar the total of this month,
and in January, 1906, the total was
ovcr $125, 900, 900 greater. Following the
panic of October and November, the
new interpretations fell to low proper
lions. but the total for November and
December each was twice as great as
the total of this month. In the months
Immediately following the panic of 1908
there was some curtailment in the
amodnt of capital represented by the
companies taking out papers in the
various States, but the totals then far
exceeded the meagre amount this
month.
With stock and bond values down to
the level now prevailing promoters
know that it will be some time before
the market can digest new securities,
and these are waiting for a more pro-
pitious time to launch their enter
prises. A feature of the month was
the falling off in the number and
amount of money involved in the In
corporation of the smaller companies,
these showing a great curtailment. IN
cooperating for convenience also show
ed a heavy decrease. Despite the re-
ports of mergers of many companies,
nothing of this nature is shown in the
list of new interpretations, and 1t is
not likely that anything of this sort
will occur until the business outlook
improves.
For the first time in more thar a
year New Jersey led as an incorpo-
rating State, but the honor is an empty
one, as the total of the State was but
$40, 400, 900, while that of Maine was
So, 500, 900. Maine has led all of the
Eastern States as an incorporating
State for more than a year. Delaware
was third and New York fourth. The
total for Delaware was IS, $4,000, and
that for New York $4,000, 600.
The largest Incorporation for the
month was the Morcocha Mining Com
pany, formed under the laws of New
Jersey, with a capital Of $40, o00, 900, but
there were few large companies
formed, two Sc, 900, 900 concerns being
the next largest. The Merchants Coal
and Railway Company, formed in New
Jersey, and the Brazilian Export De-
velopment Company, formed in the
State of Maine, were the two large
companies. /.
The following tables show the com
panies having a capital of $1,00O,O00 or
more in the States named
NEW JERSEY.
Morcocha Mining Co. s1o,000,OW
Merchants Coal & Railway Co... 100000
Arvou Mining. co... .......... $4,000
Hetty Mountain Copper Co........ 100000
Holland Developments Comm. 1,OOO,0D
Total MAINE. 'is'""''
Brazilian Export Development Co %.9O0Q00
| Winslow Bros. e. Smith. ........... 100000
Total ......................a......... $4,000
DELAWARE.
B. Lowenstein & Bros. Dry Goods
| Craig Rolling Mills Co............. 2,500.000
Brunswick-Balke-Collender Co... 1.500,000
Total S. $4,000
NEW YORK.
Charles A. schteren CON-. s., OeG0N
| Ellis Evans & o................. 1UO9,0D
Total $1,000, 600
60 ~ 80 1Eo no