The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1900-02-15

A strong combination Of steel sheet
manufacturers of the country has been
formed, but some Of the minor detaiis
are yet TO be arranged. The OrganIza-
ton meeting was held Tuesday in the
rooms Of the Association of Iron and
Steel Sheet Manufacturers in the Van
dergrift building. Pittsburgh. While
not yet definitely decided, 1t Is believed
the name Of the combination will be
the American Steel Sheet Company.
The capital stock Is t52,Ooo.OOo, divided
into S2e,OOO.OOO preferred and $4,000 600
common. OF the preferred stock. $iO,-
100000 will remain in the treasury and
the common stock will be deposited in a
New York bank. where It win remain
for a year, at which time It's disposition
viii be decided upon. No stock will be
put on the market, as all was taken by
the mill owners, says the Pittsburgh
Chronicle Telegraph.
There are about 9t5 sheet mills In the
country, and 100 OF these nre in the con-
solldated company. These mills are con-
trulIed by the following concerns; Cam
bridge Iron & Steel Co., Cambridge, o.
Canton Rolling Mil Co., Canton, o.
CHARTERS Iron and Steel Co., Pitts
burEh; works. Carnegie, Pa; Corning
steel Co, Hammond, Ind; Dennison
Rolling Mn Co., Dennison. o.; Dres-
den Iron & Steel Sheet Co, Dresden,
o.; Ewald Iron Co., ST. Louis, Mo-;
works, Louisville. KY; Falcon Iron &
Rail Co. Miles, o.; Hyde Park Iron &
steel CO., Hyde Park, Pa; Kirkpatrick
q Co., Ltd, Pittsburgh; works, Leech-
burg, Pa: P. II. LaufmRn & Co..
Pittsburgh; works. Apollo. Pa; and
salisbury, Pa. Marshall Iron CO., New
port, Del: Marshallton Iron & Steel
Co., Marshallton. Del: Midland Steel
Co., MuncIe, Ind; Mccullough Iron
Co., wilmington, Del; works, Whining
ton, Del, Northeast. Nd, and Row
landsville, Md; National Steel Co.,
Chicago; Aetna-standard works.
bridgeport. o.; Newport Rolling Mlll
Co., Newport, KY; New philadelphia
Iron and Steel Co, New philadelphia.
o.: old Meadow Rolling Mil Co., Pr
qua. o.; pittsburgh Sheet Manufactur-
ing Co., shousetown, Pa: William and
Harvey Rowland. Philadelphia, Pa;
seottdale Iron and Steel Co., Ltd,
scottdale. Pa; Sharon Iron Co, Ltd,
sharon, Pa; struthers Iron and Steel
Co., strutirers, o.: welIsvIlle Plate and
Sheet Iron Co., WellsviIle, o.; J. Wood
& Bros. Co.. conshohocken. Pa; Allan
Wood Co., philadelphia; works. Con-
shohocken Pa.
The only sheet concerns outside OF
the combination are the Apollo Iron
and Steel Co., with works at Wander
Erift, Pm; W. Devices Wood Co., Nc
Keesport, Pa; Zug & Co, Of Pitts
burgh, and the whitaker Iron Co.. of
wheeling.
1t IS expected that the new company
viii he doing business in about thirty
days. The completion Of the details is
~ the hands Of the promoters, the
Moore Bros, of Chicago, and the COM
mlttee of the manufacturers assocla-
ton, composed Of ]. G. Battelle. of Pr
qua, O.; A. w. Brown. of Cambridge,
O.. and B. NJ. Caldwell. of Wheeling. It
has not yet been decided in what state
the charter VIII be secured, but the
company will likely be chartered under
the laws Of New Jersey.
Minimum prices were established by
the new organization. No. q sheets
will not be sold at less than sos cents a
pound, and No. IS at $40 cents. Cal
vanized sheets are quoted at IS per
cent on with a freight allowance Of fif-
teen cents. The majority of the manu-
faoturers declare they will not sell at
less than 800 cents a pound.