Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1892-08-07
FOR THEIR OWN GOOD.
Many Iron and Steel Concerns Re-
Gently Consolidated.
UNION OF THE CARNEGIE WORKS.
The Illinois Steel Company Hads Up Of
Three Firms
SOME OTHER CONSULTATIONS OF NOTE

By recent occurrence, public interest has
been attracted to the subject Of oonsolida-
tion of iron and steel works The list Of
concerns in this line of trade that have
united recently, although seemingly quite
large, embraces but small portion Of the
total producing capacity of the country. A
great many more cancellations would have
to be effected before the iron and steel
trades could be effectually controlled. In
this State, probably the consolidation Of the
Carnegie interests under one name gave
rise to the most comment
This union of the Carnegie possessions
under the firm style of the Carnegie Steel
Company, Limited, is regarded as consoli-
dation, but it differs from consultations as
they are usually effected, because these in
terests have not been in competition with
one another. The establishments united
are the Edgar Thomson Steel Works, max
ing rails; Homestead Steel Works, making
armor plate, tank plate, boiler plate and
structural shapes; Duquesne Steel Works,
making billets; Upper Union Mill, making
structural shapes and bridge material;
Lower Union Mill, making railroad special
bridges, and Beaver Falls works, making
wire nails, wire and wire rods
There Was Competition There.
Another consolidation in Pennsylvania
was formed by the union of the properties
of the Lackawanna Iron and Coal Company
and the Scranton Steel Company under the
name of the Lackawanna Iron and Steel
Company. Both firms before uniting were
manufacturers otssteel rails, and naturally
there was considerable competition between
them. The headquarters of the company
are at Scranton.
In West Virginia, the Wheeling Steel
Company is union of the Belmont Nail
Company, Benwood Iron Works, Wheeling
Iron and Nail Company and Wheeling
Steel Works. The last named concern
was built and owned by the first three.
Their sole product has heretofore mainly
been cut nails made from slabs furnished by
the steel works.
In Ohio the Union Iron and Steel Com
pany, of Youngstown, was developed by
the fusion of several well-known iron and
steel firms along the Mahoning Valley.
The rolling mills owned by the new COM
! pany are the Girard, Youngstown, Warren,
Pomeroy and Cartwright. The output is
Ddf lIou anu loOpo VI oauu Aiohs
In Illinois the Illinois Steel Company, of
Chicago, was formed by the union of the
properties of the North Chicago Rolling
Mill Company, the Union Steel Com
pany and the Joliet Steel Company, all
manufacturers of rails. At the time of the
consolidation, however, the North Chicago
mills made large quantities of bar iron and
structural shapes, while the Joliet Steel
Company also made wire rods.
In New Jersey the Benjamin Atha & IL
lingworth Co., of Newark, was formed by a
fusion OF the interests of Benjamin Atha &
Co. and John Illingworth & Co. They both
produced crucible tool steel and special
open-hearth steel.
The Greatest in Their Line.
The Tennessee Coal, Iron and Railroad
Company at Nashville is the most impor-
tant iron corporation in the South and the
greatest exclusive pig iron manufacturers in
the world. This company was formed by
the union of the De Bardeleben Coal and
Iron Company, the Woodward Iron Com
pany and others. The firm owns 10 furnaces
in al, four in Tennessee and Is in Alabama
The Southern Iron Company, also of Nash
vile, represents the consolidation of a
number of charcoal blast furnace interests
in West Tennessee. The corporation also
owns the rolling mill at Chattanooga.
The above are about all the consultations
of importance which have occurred recently.
While many look upon the fusions with in
terest and qualification some labor leaders
oil Ind 10 hap uirh oIor