Rensselaer Journal, Volume 12, Number 20, Rensselaer, Jasper County, 23 October 1902 — BROOM TRUST BEING FORMED [ARTICLE]

BROOM TRUST BEING FORMED

Details of New Combine Are Nearly Completed. South Bend, Ind., special: William A. Sheppard, head of the Onondaga, N. Y., broom works, has nearly completed the details for combining all of the manufacturers of brooms in the country. Over $5,000,000 will be distributed in the purchase of plants and given to the owners joining the syndicate. Options from 75 per cent of all manufacturers have been received. Options have been received by Jacobson, Peterson &' Co. of South Bend, leading broom manufacturers In Indiana.