Rensselaer Semi-Weekly Republican, Volume 22, Number 91, Rensselaer, Jasper County, 2 August 1901 — BIG BREAD COMBINE. [ARTICLE]

BIG BREAD COMBINE.

GREAT CORPORATION GETS NEW JERSEY CHARTER. National Bread Company Will Seek to , Control Eventually that Line of Business in Larger Citiea-Steel Industry Not Crippled by Strike. What promises to be a bread trust of huge proportions had its beginning in the incorporation in Trenton, N. J., of the National Bread Company. The capital stock of the corporation, fixed at $3,000,000, It is stated, has been fully paid In. The immediate ambition of the concern, if reports from a source seemingly authentic are accurate, is to control the bread output of New York City, Jersey City and Newark. Eventually the corporation expects through a beginning in Chicago and St. Louis, to acquire a similar control over the bread industry in all of the more important cities of the United States. If this be true, the company ts aiming at controlling in its line similar to that of the other great corporations regulating other products. Several of the larger bakeries of New York already have been absorbed on a division of stock basis by the new company, and it is said that in the resulting fight of the trust tor control the other bakeries will be forced into the new concern or suffer from the usual methods of competition.

STEEL 18 IN DEMAND. Factories Not Affected by the Strike Display Unusual Activity. “A fortnight of the steel strike has passed without materially altering the position of the contestants or adversely affecting the industry as a whole. Exceptional activity is noticed at the mills not affected by the strike and the movement of structural material for bridges, buildings and track .elevation is still heavy. Steel bars for agricultural implement makers are firm in price and freely purchased. Railways seek freight ears, and rails axe sold for delivery next January. Cotton ties, sheets and hoops are commanding a premium. Pig iron is accumulating, but producers offer no concessions. Offers for tin plates were not accepted for delivery before Oct. 1, when the strike began, owing to the oversold condition of mills, and distant contracts are still taken at unchanged prices, but jobbers are receiving high prices for goods deliverable immediately. Tin has fallen to the quotations prevailing in •May, owing to the lack of demand here and weakness in London,” according to B. G. Dun & Co.’s review of trade. “Failures for the week numbered 198 in the United States, against 231 last year, and 28 in Canada, against 28 last year.”

PROGRESS OF THE RACE. Standing of League Clubs in Contest for the Pennant. Following is the standing of the clubs in the National League: W. L W. L. Pittsburg ...47 32 Boston 36 40 St. L0ui5....48 35 New Y0rk...34 38 Philadelphia 45 33 Cincinnati ...32 4G Brooklyn ...42 38Chicago 32 54 Standings in the American League are as follows: W. L. W. L. Chicago ....53 28 Washington. 32 40 Boston 4G 30 Philadelphia. 32 42 Detroit 45 35 Clevelapd ...31 48 Baltimore .. .41 32 Milwaukee . .29 54 Nephew of Tevis a Suicide. Following close upon the death of young Hugh Tevis at Nagasaki on his wedding journey, comes the suicide in San Francisco of youthful Lloyd Breckinridge, nephew of Hugh Tevis, and grandson of the famous Breckinridge of Kentucky. The young man. who was only 23 years old. was afflicted with spina] disease and recently became despondent.

Earthquake Brings Rain. A section seventy-five miles wide through the Nevada desert from Death as far west as Carlin experienced a series of heavy earthquake shocks. At Elko, New, the shock was unusually severe. The high school building, a big brick structure, was badly cracked by the violence of the vibrations and other buildings were slightly damaged. The earthquake was followed by heavy rains. Cigar-Makers on a Strike. A general cigarmakers’ strike was officially declared at Tampa, Fla. This is a strike of all La Resistencia workmen, about 5,000 in number, because the International Union men were at work in their factories. The men did not leave the factories at once, but agreed to close up the day’s work and then walked out. *

Live* Lost in n Fire. In Louisville, Ky„ Mhx Beloviteh, a cigarnraker, and Policeman James Purden were burned to death xvhile trying to rescue women and children front flumes. The fire destroyed the property of the Badgely-Graham Photographic Supply Company. Strike Knda in Draw. J. Pierpont Morgan has ended the steel ■trike by arranging mutual concessions. The result of the giant struggle between capital and labor is regarded as a draw. Raine Freak UrmiKht. Drenching rains in five States of the treat corn belt broke the drought and revived the shriveled crops. Millions of dollars will be saved to the farmers. Convent Deatroye I by Fire. Fire destroyed twenty-nine houses and one convent at La* Prairie, near Montreal. The blare broke out in a frame cottage and quickly spread to others. The moot important structure burned was the convent of the Congregation of Notre Dame. The loss is about SIOO,OOO. New Board to Rule China. New board to rule China, consisting of flve men, with Prince Cbing at the head, lias been named and Pekin regards the action as rendering the situation more Impeful.