Salt Lake Herald | 1901-11-30 | Page 3 | Will Issue More Stock

WILL iSSUE MORE STOCK Condensed Milk Company Co pany to Take in All Competitors rs New York Nov No 28 According to the Journal of Commerce the Borden Condensed Conden ed Milk company whose cap capital capItal ital Hal stock heretofore has bas been heen ajl an nh common of ot which has It Itis Itis is understood been Issued intends to lassie issue preferred stock This new issue of preferred stock is being suede made detor for the purpose o abe sev several several eral oral concerns which are now no competitors tors tots of the Borden company It is understood that the tho th Borden con concern concern concern cern is anxious an e to advance a vance the price of ot the product inasmuch nuch lna as 8 the cost of the raw material and tin cans has in increased increased increased creased Considerable reticence is ob observed observed observed served by all aU interested in the new deal Rumors however connected the names of several with the proposed e combination Ther Cory Con Condensed denied Milk Uk company and the Wiscon Wisconsin Wisconsin sin sla Condensed Milk company were prominently mentioned as among amon the concerns likely to enter Others alao al mentioned were the Mohawk company and the Walker Gorden Gordon Laboratory company but a denial came from the former fonner and nothing could c uld l be e learned from the latter The New York Con Condensed Milk company was still another corporation rumored as going into the combine but is already owned by the Borden Condensed company The combine may possibly assume an International character as con condensed condensed condensed milk is exported and anti there are some important companies on the other side It Is learned that the he Borden Condensed Milk company some time ago was seeking control of a London plant that turns out a la l ge e amount of the product The proposed increase in capital t f I lathe inthe In shape of preC reA re stock is beli tl in con condensed condensed milk circles to be beth the only pre pee prelude lude lue to a still till larger increase in the future