The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1918-12-18
CONCERN IS NOW EATED AS ONE
OF TIE LARGEST OF THE KIND
IN THE WORLD.
LOCAL CONRANT HAS RECEIVED
SOME GATHERING OFFERS
FROM OTIER CONCERNS.
ADDITION OF BhYER'S CORPORA
TON WILL TELaN MUCH TO THE
STOCKHOLDERS OF CO.


An intrrns. INK meeting nf III" board
&c directors II the Sterling Products
company Incorporated. WAS held yes
to-day III tn" offices % til" company IN
H.. las, End. at which Inn" many m,t.,
I.rS Of special interest (" all c"nccrl'u
w,.r. taken up ana discussed.
rho company 4 few days az" WAS inc
st,rccs$;U! hlid"r for m baE"r 2SiIiT'
business. located At A'h - ana nm% r n>m
ra;d for thr entire holdings Il the ron-
,auy. which wcr" sold 1T auction "lIrI
The direction Of a. Mitchell !alm"r. all
!nS the Raycr interests INC S %n"r'l,!G
Products, lncorporatrE have r"'riN"u
some very flatt"Ttntc OILERS i"r ,n'.i.
iuIrrcs, in said business. but thrN nay
sandy passed. them aside. AMI Sincr .c-
rurinr III" Eay"r proposition tnr ,har
,,a1s Of III" company AR" 'n"r" man
pleased with their purchase -,
considered 10y al as one 0l the nnc. nv
only through The fact that ne "ort1
war was on and business conditions no.
normal that caused INC prop"rr,E s.In
todiau to offer the business '"r 80
and that the local concern WAS ""'' ~
He'"'' " Will Increase stock.
II was decided by IN" officials yes
to-day to call 4 special mc"ltmE -, | ~,
THURSDAY, January .. ut which tune II
is nrnpnsad 10 offer Z resolution 10 IN
crease rho capital shares OF the CoIn-
from oGSSn S fn sooS OF share S at
tho par valuc Of Sl0n each. ana no oouet
th.> resolution will pass without oISI
s,mting vote. This will moan tnnt a." ~
nrmsnnt stockholders will be all"wcd !"
pnt IN on tho proposition and will nc
I1ovnJ to Increase their stock q per
c,,nt, or in other w"rls. for every low
shares that they now hold. they VIII ~
allowed an additions, tt at"ck SI hns been
Selling at from 1!5 to $50; ana 1t hH
considered one Of tho bot buys in the
country ut tho present time;
BY order Of tho board OF os o' ne rTant IT.
ing Of n cash dividend Of ; percent:
rarabic on January .. this being IN me
with the regular custom or lHe con,
pany for tho past nnn,oor =, " ths reg
ular quarterly dividend Of 4 percent,
s'hich has also been the custom OF the
thriving company.
The present company is highly ei.tru
over their recent purchase OF Say. -, )
products. The company for years mas mas
had a worldwide, rcputatl1n IN a nv
manYtactIrIn6 81 c+a A-p' rompoundsr The
Citizens Of tho Wheeling district should
feel proud Of the fact that the I9"a
concern wNs ahle 70 serur oa INC fnS SPlTn1,
f b,5s5 aaas os M 20 d6st it Viii continue
~ TOW by leans and bounds.
A number Of the local banking m
stftntiona have already announced thcil
d"sirc to aid in financing INC prnnns nc
t;on 10 practically any amount osrCcc
mon hut the members of the COMPANY
have h not sig7rtfi-d their. desire for any my
aid in that respect MS yet pcSItte .ns
great drain on the banking institutiSns s
along about the Christmas hmloaSs' nv rrH
If them arc worrying in any way ret'i,
Two 10 tho outcome, and they ere al
wiling to finance any proposftton IN
am way os1rinE on the p e"Inpa Interest,
NJ tbn local concern bias attracted
woridDwtde attention, and paPcrss
throughout thn world have cnH!Tnentsn
on the deal. Just what dispesttionn wei!
ness Is not known at the present time
but no doubt an ANNOUNCEMENT vii Of
Forthcoming from the officers Witn'l
tho very near future