Rensselaer Journal, Volume 10, Number 33, Rensselaer, Jasper County, 24 January 1901 — Shingle Trust Is Formed. [ARTICLE]

Shingle Trust Is Formed.

A shingle combine of 400 mills was made effective for this year at a meeting of shingle mill proprietors held In Tacoma, Wash. The Washington Shingle Manufacturers’ association was first formed last year for the purpose of restriction of the output and the raising of prices. These trust features will be continued this year and another feature has been introduced by which the executive committee will appoint inspectors to travel among the mills to see that manufacturers adhere to the standard grades established by tha association. This has been a troublesome matter in the past, the tendency being for some mills to neglect the standard, giving brokers a chance to manipulte prices. The price of “stars” was fixed at $1.40 a ton and of “clears” at $1.60.