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Fall Rivers' Industries

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94 HISTORY OF FALL RIVER<br />

sorbed the Manufacturers' Gas Light Company<br />

and increased its stock to $450,000 .<br />

Joseph A. Baker then became vice-president<br />

and Edward C. Lee treasurer. Mr. Brown<br />

continued as clerk and manager .<br />

In 1902 the capital was increased to $635, -<br />

000, and there was again a change in owner -<br />

ship, Stone & Webster becoming genera l<br />

managers, and the local management bein g<br />

placed in charge of J . E . Nute, where it ha s<br />

since remained. The increase of the company's<br />

business has more than kept pace<br />

with the city's growth. In 1886 there were<br />

about 1,000 consumers and the annual sale s<br />

were a little in excess of 38,000,000 cubi c<br />

feet. In 1906 there are 16,000 consumers and<br />

annual sales of nearly 375,000,000 cubic feet .<br />

This extension of business has been accompanied<br />

by a liberal reduction in cost to the<br />

consumer. Early in 1872 the selling rate wa s<br />

$3.75 per 1,000 . In 1886 the average price re -<br />

ceived was $1.83 per 1,000. In 1896 it wa s<br />

$1.30 per 1,000, and in 1906 it is 90 cents .<br />

Other incorporations include the Union<br />

County Court House<br />

Belt Company, the Arctic Ice & Cold Storage<br />

Company, incorporated in 1901, with a<br />

capital of $260,000 ; W. C. Atwater & Co . ,<br />

capital $100,000 ; Borden, Guiney & Kendal l<br />

Co., incorporated 1901, capital $24,000 ; Bor -<br />

den & Remington Co., Bowenville Coal Co. ,<br />

Coldwell Gildard Co., Davis & McLane Mfg.<br />

Co., Estes Mills, E . S. Anthony Co., E. S .<br />

Brown Co., <strong>Fall</strong> River Bobbin & Shuttl e<br />

Company, <strong>Fall</strong> River Cold Storage Company ,<br />

<strong>Fall</strong> River Laundry Company, <strong>Fall</strong> Rive r<br />

Manufacturers' Mutual Insurance Company,<br />

<strong>Fall</strong> River Quarry and Construction Company,<br />

<strong>Fall</strong> River Steam and Gas Pipe Company,<br />

Fraprie-Douglas Co ., John F. Johnsto n<br />

Co., Heywood Narrow Fabric Company, Mechanics'<br />

Foundry and Machine Company ,<br />

North Pond Ice Company, Pioneer Mfg . Co . ,<br />

Ponemah Shuttle Company, R. A. McWhir r<br />

Co., Sherer Dry Goods Company, Textil e<br />

Tube Company, D. H. Cornell Packing Company,<br />

Frank L. Allen Lumber Company ,<br />

Luther Reed Mfg . Co., and the Thomas Storage<br />

Company .

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