The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1899-05-16


FOR First President of the Trust.
CLEVELAND, May 15-The sale of the
Lake Erie IRON works today gave notice
or the fact that another immense com
bination of iron and steel interests has
been contaminated. The Republic Steel
company has been incorporated under the
laws of New Jersey, with a capital OF
s50.OOO,OOO consisting Of $25, CO.., 900 preferred
and $4,000 900 common stock. Th,. officers
are: President, Randolph S. Warner.
columbus, o.; first vice president. Myron
WICK, Youngstown, o.; second vice presI-
dent, George d. Wick, Youngstown; third
vice president, James G. Caldwell Birm-
ingham, Ala; fourth vice president,
George M. Bard, Muucie, Ind; treasurer,
John f. Taylor, Youngstown; secretary,
James Lleyellyn, Chicago. The general
offices Will be in, Chicago. The mills in
the combination will be operated as now,
except that business will be done in the
Chicago office. The superintendent will
be retained
The concerns In the new corporation
are: The Union Rolling Mill company.
Cleveland; Andrews Bros. company,
Youngstown, O.; Brown & BonnelI Iron
company, Youngstown, o.; Mahoning
Valley Iron company, Youngstown, O.;
Cherry Valley Iron works, Letonia, o.;
Sharon Iron works, Sharon, Pa; Atlantic
Iron and Steel company, Nescastle, Pa
Lake Erie Iron company. Cleveland;
Corns Iron and Steel company, Massillon,
O.; Toledo Rolling Mill company, Toledo;
onka r. a
Eagle Iron and Steel company, Indiana
Iron and Steel company, Muncie, Ind;
Muncie Iron and Steel company, Muncie,
Ind; Union Steel company, Alexandria;
Marion Steel and Iron company, Marion,
Ind: Westman Iron company, Marion,
Ind; Wetherell Rolling Mill company,
Frankton, Ind; Indiana Forge and Roll
ing Mill company, New Albany, Ind; Cen
trail Iron and Steel company, Brazil Ind;
Terre Haute Iron and Steel company,
Terre Haute; Wasp Iron company, Terre
Haute, Ind; Springfield Iron company
Springfield, ILL.,; Inland Iron and Forge
company, Chicago; Sylvan Steel company,
Moline, ILL.,; Minnesota Iron and Steel
company, Minneapolis; Birmingham Roll
Ing Mil company, Birmingham, Ala;
Pioneer Mining and Manufacturing COM
pany, Birmingham, Ala Cambria Mining
company, NeSdunee, Mlcn.s 1llllS Milling
company, Negaunee, Mich, Franklin Iron
Mining company, Mesaba Range, and
Connellsville Coke company, Newcastle.
Ia; Croton Land company, Newcastle,
Ia.
These mills have an annual output of
over 100000 tons Of merchant bar iron,
the rolled product used by farming nipple
ment and wagon makers, car builders
and other kindred industries. In addi-
ton to the rolling mill property here are
six plast furnaces with an annual capac-
ity of about 40O,000 tons of pig iron and
scrap iron. Some of the by-prcducts of
the combination will be spikes, bolts,
splices turn buckles and skelp, and there
will be some manufacture of steel plates
and sheets. The iron ore properties are
a very important part of the comblation.
The Pioneer Mining & Manufacturing
company, of Birmingham, owns % 500
acres of land of which 14,70o are coal,
$3.50 of iron ore, $50 limestone, go of
other character at the furnaces. The
Franklin company property was pur-
chased last month from Frank Rookie
Teller and includes the Frank lin, Vic
toria and Bessemer mines, amcng the
largest interests of the Mesaba range.
BY these acquisitions the company will
be largely independent of other combina-
lions in the iron industry.