Birmingham age-herald., 1895-01-13
STEEL MAKING SURE, The Birmingham Rolling Mill
 Company, WITH INCREASED CAPITAL, Have Fully Decided Upon a Steel Mill, And Are Ask
 ing for Bids.
WITH INCREASED CAPITAL,
It's good thing-push ii alongl

It's good thing-push it alongl
 Everybody in Birmingham should feel happy.
 Ground is soon 10 be broken for the erection of steel plant here.
 Several days ago it was stated in these columns that the Birmingham Rolling Mill company was contemplating the erection of a steel plant in connection with their mills in this city; but affairs had not as- sumed definite shape, as there had been no action taken by the board of directors. It was only known that President Caldwell had fully made up his mind on the subject, and would make a recommendation em- bodying his views to the first meeting Of his directory. The AGE HERALD now learns from high authority that on Thurs day, the 10th instant, these directors met at their flee in Louisville aud resolved:
 l. To increase the capital stock of the company from $500 900 to 1850, ,00).
 2. To proceed immediately to the work of obtaining estimates for the erection of steel plant, consisting of one rail mill, one structural mill, four sheet mills and q gaIvanizing department.
 8. That the work of construction should begin without delay, or at as early date as possible.
 Inquiries have been made of Pittsbu:g parties for prices on the universal steel mill to finish 20-inch slabs, with good square edges, with and without tables and reversible gearing. Estimates have also been asked on a 15inch reversible mill, which will make seventy pound steel rails.
 It is learned also, on good authority, that the Woodward Iron company, the Iron tba Tennessee Coal, Iron and Railroad com pany have all received letters from Presi- dent Caldwell, asking for a price on low silicon chilled mould pig iron, for steel making, and that low figures have been or will be offered.
 Besides the requests for estimates seut to Pttsburg parties who built the great Mun- cie, Ind, steel plant, are figuring on the Birmingham plant, and it is probable that in few days the contract will be let to paIties to erect and fit up the steel plant, biI ding them to complete it within given
 e.
 he AGE- HERALD con fidently expects to
 ground broken within three weeks for the erection Of this steel plant which is to bring to us the brightness Of new era in the industrial development of the Birming nam district. Inc great company which has taken the matter iu hand does pot come before the people of Birmingham pleading for help in the way of subscriptions in money or land. It comes to us strong and able to accomplish with it's own means the end proposed. The Birmingham Rolling Mill company has done much for the growth of this city. It has prospered itself, and proven most potent factor in the development of this section of the stale. Now, this company proposes to place its earnings n additional investments here, aud become the pioneer of steel mak- ing in iabama, as it was in the manu- facture of bar aud plate iron.
 The company deserves every encourage ment at the hands of the people of Ala bama, and especially of Birmingham. Legislation friendly to such progressive institution would mean an advancement of the wealth producing agencies which seek home among us, while an unfriendly or eraspng policy on the part of our law makers might seriously retard progress and drive back tha tide of prosperity which now seems to be rising rapidly toward ihis favored section.