The sun. [volume] (New York [N.Y.]) 1916-1920, 1919-09-12
$5OlOOO,OOO FISH
COMBINE FORMED
Boston May Lose Place as the
.df Greatest Market for Catch
ieg on Coast.
PLANTS READY IN MAINE
Fleet of 60 10 Bring In Supply
ay7 and All Of Product Will
Be Utilized.


The tail of the Sacred Cod is wrlg-
Cling in anxiety over the news of the
oiganisation OF the s50,000,000 East
Coast Fisheries Products Company by
the same group of capitalists, with I. M.
Taylor OF 1. NJ. Taylor & CO., bankers,
Wall street. as the head, which
formed the s10,O0o,0OO Eastern Cost
Fisheries Company three years ago. The
anxiety is due to imaginings as to
whether Boston is to lose her place on
the map as the greatest OF fish mar
kets on the Atlantic coast.
The new corporation comes into being
as a merger Of old established con-
germs operating seven canning, sailing,
shredding and curing plants and total
Of sixty-five fishing vessels. Its various
activities will make 1t the largest con-
Germ of its kind in the country.
The output of these plants will be
added to by catches Of fish made by
the Eastern Coast Fisheries Company,
which now has five steam trawlers in
operation. The company will have
launched FIVE additional trawlers by De-
cefriber and still has contracts out for
Ave more. 1t was the Eastern Coast
Fisheries Company which set the Fulton
Market wholesale fish dealers by the ears
last spring by landing trawler loads OF
fresh cod and paddock in New York
direct from the north Atlantic fishing
banks.
The Eastern Coast Fisheries Products
Company has taken over four plants of
the Lawrence Canning Company at
Rockland and Stockton Springs, Me-,
which have belonged to the same family
for four generations. 1t has also taken
over the plants of Stanley & Joyce at
Swans Island. Me-, and of +. N. john
son & Co. at Minturn. Me, owned by the
Great Eastern Fisheries Corporation, and
two large curing plants operated by the
latter company at Rockland.
Centre of New Corporation.
The main centre of the new corpora
tons Maine activities will be at Rock
land, where an additional purchase has
been made of the Tillson docks-granite
wharves-used by six steamship COM
panies. On this Rockland property.
which embraces twenty-five acres, are
n1ty structures ana houses.
A building corporation, capitalized at
100000, has been incorporated by East
Coast Fisheries Products interests and
by Rockland banking interests to pro-
vide housing accommodations for 5000
to 1000 additional people who will be
employed at the plants. Rockland
which now has population OF 12.50D
people, Is dreaming of the day when its
numbers will be doubled.
In addition to the fish which will be
brought to the several plants by the
fleets of sixty-t1ve vessels which were
taken over in the merger. the COR
poration has made contracts for an adj
ditional 100000 pounds year. The
total output will aggregate 10000, 900
pounds annually, which everybody agrees
IA q lot of fish. f,rr -.
s1sH the sardines alone. now being ham
died every forty minutes In one OF the
plants, were placed end to end they
would stretch out just six and half
miles.
The officials of the company insist
that the break in the link in the fish in
dustry of the past was in distribution.
and they point out that this is exactly
what was the matter with the beef bust
ness before the packers organized dis
tribution. BY keeping a continuous
stream Of fish flowing into the fish prod
ncts plants and perfecting facilities for
distribution, they claim, prices Of fish
are bound to come down and fish eating
Is going to become more popular in this
country than it is just now.
To Utilize By-Products.
They further declare that more money
fs to be made in utilizing the by-prod-
ucts of fish than in the sale of fish as
Fs.l, -
OF the fish Is to be made to count
Part of the fish is to be sailed shred
ded and cured. The fats wiu be con-
verted into glycerine and the livers Of
cod and paddock will go into "ood liver
OIL" The bones, fins and tails will be
manufactured into gelatine and CLUES.
The offal will be made into fertilizers.
Phosphorus in fish Is also utilized chem
ically. and so hardly anything will be
missed.
In one of the new company's plants
the entire overhead-power, wages of
Gamers and all-is met by grinding up
the heads of sardines. cooking them a
couple of hours and turning them into
"fish meal" Up to year ago all these
heads were thrown away. Fish meal
u used to fatten hogs and cattle, and. 1t
also is fed to chickens. Georgia farm
srs are generous buyers of "fish meal"
II Is UNDERSTOOD tne cnleIS OF the CON-
pany are banking on the belief that beef
isn't as plentiful In this country as 1t
used to be, and that the time Is not far
distant when fish largely will take the
place of meat that people cannot get
One phase of the plans for the future
provide for stripping the backbone out
of a fresh fish, wrapping the flesh in
parafine paper and shipping IL in one
two, three and seven pound packages in
refrigerator cars direct to the consum-
ing centres.
The officers and directors of the new
company include 1. NJ. Taylor. president
William F. Birch, president OF the w. F.
Birch Steel Company, Dover, N. j., vice.
president; Richard Cole of p. X. Wilson
& Co., textiles, New York; Irving Cox
of Cox & Stevens. naval architects; L.
McDougall, viee-presldent of the Sc
curity Trust Company of Rockland, Me.
Mark W. Norman, New York, secretary
and treasurer, and Frederick G. Auls-
brook, assistant secretary and treasurer