1890 ................... 6 $82,000,000 1891 ................... 13 168,000,000 1892 ................... 13 140,000,000 1893 ................... 5 226,000,000 1894 ................... 2 35,000,000 1895 ................... 7 104,000,000 1896 ................... 3 40,000,000 1897 ................... 6 93,000,000 1898 ................... 22 574,000,000 1899 ................... 80 1,688,000,000 ---------------- ---- -------------- Total, 10 years ......... 157 $3,150,000,000
The influence of great prosperity shows in the large number of combinations; but in 1893, the number was less, altho the total nominal capital (stocks and bonds) was still the greatest it had ever been in any year. Then came the period of depression, 1894-97, when both the numbers and the capital were comparatively small. Then from 1898 to 1901 followed the period of the greatest formation of trusts the world has ever seen.
The list of these four years contains the names of the most widely known American combinations, a few of which are here given with the years of their formation: 1898, American Thread, National Biscuit; 1899, Amalgamated Copper, American Woolen, Royal Baking Powder, Standard Oil of N.J., American Hide and Leather, United Shoe Machinery, American Window Glass; 1900, Crucible Steel, American Bridge; 1901, United States Steel Corporation, Consolidated Tobacco, Eastman Kodak, American Locomotive.
Sec. 10. #Height of the movement toward combinations.# In a list by another authority[8] it appears that the data for all industrial trusts are in round numbers as follows:
Number of Plants Acquired Total Date Number or Controlled Nominal Capital
Jan. 1, 1904 318 5288 $7,246,000,000
These figures compared with those given above would indicate that the industrial trusts had about doubled in the years 1900-1903 inclusive. Probably most of this growth was in the years 1900 and 1901; then the movement became very slow, because, as is generally believed, of the aroused public opinion, of more vigorous prosecution by the government, and of additional legislation against trusts. The authority last cited gives in a more comprehensive list, in six groups, all the monopolistic combinations in the United States, at the date of January 1, 1904, as follows (the figures just given above being the totals of the first three groups):


