New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-03-23
THE OHIO AssEMnLY,s MARK on REspEcr. :.
pEKREorrNe THE oH1oAGo STEEL COMMUNION.

PBRPECTIEG THE CHICAGO STEEL COMBINATION
Chicago March 22-Circulars 30 the stockholders OF
the North Chicago Rolling NH Company. the Union
steel Company and the Joliet Steel Company calling
q special meeting for May with a view 10 their
consolidation into concern. have been issued.
o. W. Potter, president Of the 1rst named company,
said that the consolidation was practically effected
that IL had received the assent Of the holders of
majority Of the stock Of all Of the companies and
that the prelinnaries were so well forwarded that
within two days after tho formal vote 10 consolidate
the three concerns would be working as one Ha
added: The Joliet win be bought. In all likelihood
the Union will also be bought The purchaser win
not be the North Chicago but the new concern which
Is to replace ell three OF course the North Chicago
stockholders win be the principal owners of the new
concern. OF the capital stock Of the now company,
SIS 100000 win represent tho combined plants Of
the three companies. Five million dollars win ba
In cash working capital Five million dollars
VIII remain unissued IN the hands OF the treasurer
to be used On making such changes as occasion may
require The total capital stock win thus be $2D 0Oo
600. There Is no reason why the company should
NOT mako oil classes Of iron and steel work sent
here and over the Northwest generally from Pitts
burg, Wheeling and other points. Iron and steel
R % ssn q pa n ca se r snd
fdentiy expect the establishment OF such an industry
az one or The Other Il ,hs former points as con-
q boilers and tank plate row imported to tbs market
nav unQueStl0nably De made h6Fe Another result
OF the consolidation, do not hesitate 20 predict
is the planufacture In Chicago Of tin plates
THE GENITAL TURg-YERBIg SOON TO MOVE.
The Central Turn-Vorein win probably move into
their new building in sixtyseventh-st in June. The
gymnasium in seyentysevenh-st now occupied by the
society was too small 10 accommodate its 1900 NOM
bers SO about two years ago capital OF e6o0 900 was
secured largely with the help Of Jacob RUPERT the
brewer, to erect new building 1t was at first ex-
pected that tho building would BE- ready for use by
last Christmas but the structure "a such large one
and Is 80 substantially but, that It's completion took
much longer than was expected. IT VIII have IT'S
rect mont aud 100 feet depth, and win have three
high stories on the first floor win be tho gymnasium.
including bath rs By so feet on the next Hoor wlli
DO twelve schoolTooms and large dInlng-hail and
on the third door the dAncing-haI Great care has
given to sbe construction Of the building the iron
staircase alonc costing s25,o0o Albert Wagner, Of
so. 81 University Place, Is the architect He has
over zoo workmsn IN the building and Is pressing on
with tho work as rapidly as possible The thickness
Of the walls, 2 feet and 9 inches, has made them
slow 20 dry, and his has greatly retarded the work
The members were anxious 70 get into their new
home BY May J, that day their lease 10 their
present quarters expires They haze secured three
wsrsferd's Asid Pkezpbsts
USEFUL IN ALL ToEMS an DFRpErHIh