, 1880-02-15
STEEL.
Mr.. Potter's Proposed S2.ooo :
600 Works at South
Chicago.
Special Reasan for Locating in That onn,,
Capacity Of tho Mills.

Inere was paragraph in Satnrd,,..
TRIBUNE to the effect that the North -Cbic.,,s
Rolllng-Mi1l Company was about tn 49,.
additional works at South Chicago. ae 49,
| capacity Of their present mills was not eona' e
| to the demands upon them. 4 reporter iaa, ~ y
atalk with Superintendent Potter yesterd,Saot Sat
reference to the matter, and got the letails - -.
the project, which are subjoined: VI
1.-The North Chicago Steel Companvn
said be, Substantially the same as II.
North-C Chicago Rollin9-Mill Company. wb;.b
has reached the limit Of its cauital a hsa
bought from the Calumet & Chicago Can, @
and Dock Company seventy acres of land ~
the lake, Immediately north of the pier4 ~ .
Calumet Harbor. That will give us ahort:
$500 feet Of river front and about thraa
quarters Of mile on the shore. On TIL:
property we propose to locate the ne,s
works."
"What will they consist of 81
"Four blast-furnaces, a Bessemer conyert.
ing works, and steelrail mills
"How much will they costs 81 ).
"4BoUT s., 10000"
"When will their erection be commenced =,
"The survey and plotting Of the ground
will begin Monday"
"What sort Of structures do you intend
putting up?"
Brick ones-frep roof"
Sand as to completion?'
"We hope to get two Of the blast-furnacs,
at work on pig-metal by the middle Of np1t
January, and to have the whole plant In oDar.
fbs a5ion at5yt BY }ly year-eishteen months ffon
What will be the aggregate expendt.
"By the time the works are completed and
in operation TIE expenditure win have been
"What is covered by the other s5N,unr,
"The land; and we have also twenty acres
near by from which to get limestone Tor tbs
blaSt-furnaceS: and our Intention is to run
slip in from the river 1,500 feet long for tba
purpose Of accommodating ore and coal yes-
sells. and also for shipping"
railroads?'
s'They will be within mile OF four trunk
Ines,-the Baltimore s. Ohio, Lake Shore
Fort Wayne, and Rock Island, and within
two miles Of the Illinois Central and AIlchi-
{Sd1, gan Central {; and will be- connected with
THERE ~
From !, 500 to 2,o00,-all of 1000 when tha
mills are running to their full capacity"
aWh2t VI quantity; Of ore viii tie furnaces
"About ESQ., COO tons.''
e+.s5 "And ,l,s tssy BE- will yield how many tonsot
ave expect to make at, least &C, 600 ton.a
year. , ,,
"YeS. All the BesSemer works are increas-
ing their capacity, and expect to supply the
demand of Amerlca,-to stop the railroads
from going abroad.''
'.What will be the production?''
.. Well, they will be able to produce 2m-:
600 tons q year if they are needed
"How much capital will your Company
have invested in the business 2"
-. "About st, oo0 ,0oo, and Chicago will be the
point for the whole of it"
''wHAT WAS YOUR OBJECT
in LOCATING the new works in South Chi
I" It was our intention and expectation to
buy the property Immediately south OF the
mills, but when the owners found it out they
put their prices out Of sight. That and city
taxes, and the trouble experienced in getting
vessels up the North Branch, led us to aban-
difference to the North3Side works, but pre-
cludes the possibility of any further exten-
sion of them. Hereafter we will add to the
Milwaukee mills or those at South Chicago"
Is the North Branch filling up?
- 1t is a serious matter for vessels with coal
from Buffalo and ore from Lake Superior
they are large ones. and draw from fourteen
@ sixteen feet of wateI-to get up no
Branch. Last year we had considerable
trouble to get supplies, because there wasn't
enough water IN the harbor. And the Hvef,
90, is being filed with bridges, and, With
:erned we % prefer sending nd g Vas vessels to souh
Chicago, as we believe it will be great
leal safer for vessels, and that we can