The age-herald. [volume] (Birmingham, Ala.) 1897-1902, 1899-08-10
THE CENTRAL
FOUNDRY COMPANY
Which Acquired a Plant at
BeSSemer.
IT'S BRIGHT PROSPECTS.
New Concern Controls all But Three of
the Soil Pipe and Soil Pipe Fit
ting Factories of the
United States.
ITS BRIGHT PROSPECTS

If the information contained in the fol-
lowing clipping from a recent number of
the Commercial and Financial World Is
true, the Birmingham district has much to
expect from the management of the Cen
trail Foundry Company, which recently ac-
CURED control of the Alabama Pipe COM
pany at Bessemer:
mo intelligent reader of this paper needs
to be told that the great secret of the in
dustrial, commercial and financial progress
of this country at the present day is to De
found in the practical application of the
principle which is laid down in the old
adage, I'm union there is strength" In
every line of business that can be mention
ed the era of ruinous competition is coming
to an end. Business men realize that it is
better to get together and to work har-
moniously for the common good than 1t is
to engage in profitless industrial combats
whose only income can be natural destruc-
ton.
"A consolidation of interests in regard to
which it is proper to use only words or
commentator is that known as the Gen.
trail Foundry Company, which is combi-
nation of all but two or three of the soil
United States.
THE following gentlemen have been
chosen as officers Of the new company:
President, John Reid, treasurer and gen.
eral manager OF the ]. L. Mott Iron
Works; first vice-president and general
manager, Alfred Fowle. Jr., of Rumble &
Spence Manufacturing Company, Milwau-
kee; second yice-president and supervisor
of foundries, Robert A. REGISTER, of J.
REGISTER & Sons, Baltimore; secretary. g.
Schumacher, of the Hoffman, Billings &
Weller Manufacturing Company, Gadsden,
Ala; purchasing agent, w. 8. Reins. of tile
Henry McShane Manufacturing Company;
treasurer, w. L. Rogers.
Executive committee: John Reid, Alfred
Fowle, Jr., g. Schumacher. r. A. REGISTER,
A. L. SWEET, of the SWEET Iron Works,
Medina, and A. H. Henderson.
at is learned on the highest authority
that the company begins business under
most favorable conditions. The demand
for its product is excellent, and orders al
ready on hand will keep all the plants
busy for several months to come
1T is the intention of the management
to pursue a very liberal policy towards the
tjobbing trade, and it is hoped that the
company can market its product almost
exclusively through them, and that it will
not be compelled to go to the retail trade
for business. Special attention will be
paid to building up an export trade, and
the company feels confident that in this
line the business which is now enjoyed by
the various foundries will largely increase
in the near future
ut Is not too much to say that this is one
of the most solid industrials yet organized
In this country There is no imitation or
over-capitalization, but everything Is on
an absolutely solid basis. There has not
been any offering of stocks or bonds to
the public, the whole or nearly so having
been taken by the interests included in the
new company. 1t is quite certain that this
consolidation of interests will turn out to
be an excellent thing not only for the man
public in the long run.
1.-THE company have opened offices at 100
Broadway New York, where A. Fowle, Jr.,
first vice-president and general manager.
is already in personal charge of affairs.
ut is given out officially that the capaci-
ty of the Hoffman-Bi Billings Weller plant at
Gadsden, Ala, the e. L. Tyler plant at
Admission, Ala, the Alabama Pipe COM
pany plant at Bessemer, Ala, and the
Shuster plant at South Pittsburg, Tenn,
will be greatly increased at once, and OPP
tions are already being secured on large
tracts of property in the Birmingham dis
tricts by the Central Foundry company,
where they will erect one or more of the
largest and best equipped plants for the
manufacture of soil pipe and fittings
When the above extensions are made the
Central Foundry company will employ in
that district alone nearly 1000 more men
than haYe been employed heretofore"