Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-02-15
SHEET COMBINE FORMED.
1T INCLUDES NEARLY ALL OF THE
LARGE CONCERNS IN THE
UNITED STATES.
NO STOCK ON THE MARKET.
Taken by the Owners of the
Embellishments That Have Been
Consoiidated-Few Detail Yet to
he Observation-Disclosures Prices
Have Been Fixed.

PITTSBURG, Pa. February IA
strong combination of steel sheet man
ufacturers of this country has been
formed, but some of the minor de-
tails are yet to be arranged. The or
ganization meeting was held yesterday
in the rooms of the Association of
Iron and Steel Sheet Manufacturers
in the Vandergrift building. While
not yet definitely decided, it is believ-
ed the name Of the combination will
be the American Steel Sheet Co.
The capital stock is $50, 600, 600. di-
vided into s26, 600. 900 preferred and
SIG, o00, 900 ommon. OF the preferred
stock, SIC, 000, 600 Will remain in the
treasury and the common stock will
be deposited IN a New York bank,
where it will remain for a year, at
which time its disposition will be de-
cided upon. No stock will be put on
the market, as all was taken by the
mill owners.
There are about 215 sheet mills in
the country, and 100 OF these are in
the consolidated company. These
mills are controlled by the following
concerns: Cambridge Iron & Steel
co., Cambridge, o.; Canton Rolling
Mill CO., Canton. o.; CHARTERS Iron
and Steel Co, Pittsburg: works, Carne-
gle, Pa; Corning Steel Co, HAM
mond, Ind; Dennison Rolling Mill Co,
Dennison, o.; Dresden Iron e. Steel
Sheet Co., Dresden, o.; Ewald Iron
Co, st. Louis, Mo-; works, Louisville,
KY; Falcon Iron & Nail Co, Niles,
O.; Hyde Park Iron e Steel Co, Hyde
Park, Pa; Kirkpatrick g. Co., Ltd,
Pittsburg; works, Leechburg, Pa; p.
H. Laufman & Co, Pittsburg; works.
Apollo. Pa, and Salisbury, Pa; Mar
Shall Iron Co., Newport, Del; Mar
shallton Iron and Steel Co., MARSHALL
ton, Del; Midland Steel Co., Muncie.
Ind; Mccullough Iron Co, Whining
ton, Del; works, Wilmington, Del;
ortheast, Md, and Rowlandsyille,
Md; National Steel Co., Chicago;
Aetna-Standard Works, Bridgeport,
o.; Newport Rolling Mill Co, New
| port, Ky; New Philadelphia Iron and
Steel Co, New philadelphia, o.; Old
| Meadow Rolling Mill Co, Scottdale.
Pa; Piqua Rolling Min CO., Piqua,
o.; Pittsburg Sheet Manufacturing
| Co, Shousetown, Pa; William and
| Harvey Rowland, Philadelphia, Pa;
| Scottdale Iron and Steel Co, Ltd,
| Scottdale, Pa; Sharon Iron Co. Ltd,
Sharon, Pa; Struthers Iron and Steel
| Co, Struthers, o.; Wellsyille Plate
and Sheet Iron Co., Wellsville, o.; j.
Wood & Bros. Co, Conshohocton. Pa:
Alan Wood Co., Philadelphia; works,
| Conshohocken, Pa.
The only sheet concerns outside o.
the combination are the Apollo Iron
and Steel Co, with works at Wander
| grift, Pa; w. Devices Wood Co, Nc
| Keesport, Pa; Zug & Co, Pittsburg,
and the Whitaker Iron Co., of Wheel
ing.
1t is expected that the new company
win be doing business in about thirty
days. The completion of the details is
in the hands of the promoters, the
| Moore Bros, Of Chicago, and the com
mittee OF the manufacturers ~associa-
ton, composed OF j. G.. Battelle, Of
| Piqua, o.: A. w. Brown, Of Cambridge,
o., and B. NJ. Caldwell, OF Bridgeport,
O.. 1t has not yet been decided IN
what State the charter win be secured,
but the company viii likely be char
tered under the laws Of New Jersey.
Minimum prices were established by
the new organization. No. n sheeis
will not be sold at less than 3.05 GEMS
a pound, and No. 2S at $40 cents. Gal
vaDized sheets are quoted at IS per
cent. off with a freight allowance OF Is
cents. The majority OF the manufac-
turers declare they will not sell at less
than 800 cents a uound.