The age-herald., 1901-05-12

tion, instead of discouraging competition, has invited it. Under these circumstances 1t may be worth while to consider Just what this company controls and just what 1t does not control. That which 1t docs not control, it must be remembered, can be brought, under certain conditions, un- der the control of another great corpora tion, formed for practically the same pur- pose as the billion-dollar concern was formed.
 The United States Steel Corporation, as at present constituted. Is made up of the Following corporations:
 The American Sheet Steel Company, controlling twenty eight plants in various parts of the country for the manufacture of sheet Iron and steel, planished iron and polished steel sheets.
 The American Steel Hoop Company, con trolling eleven plants for the manufac- ture of steel hoops, steel bands, cotton ties, steel bars, special shapes angles channels, small Trails, bar iron, pig iron, open-hearth steel, muck bars and skelp. The annual capacity of the works of this company is 100000 of finished material and 250,0O0 tons of pig-iron.
 The American Steel and Wire Company controlling thfrty-one plants from New England to the Pacific coast, for the man ufacture of coke, pig-iron, Bessemer steel billets, open-hearth billets, wire rods,
  ting staples, wire nails and brads, poul- try netting, balng wire bale ties, woven wire fences, electrical wires springs shafting, wire nails and spikes, Jacks, riv- cts and innumerable other products of steel wire. The total capacity of the plants of this company Is enormous as to the number of tons.
 The American Tin Plate Company, con- trolling thirty-nine plants for the making of all kinds of tin plate.
 The Carnegie Company, whose plants are almost as well known to the public as they are to those interested in the trade.
 The Federal Steel Company, which next to the Carnegie Company, controls more iron and steel plants. coke, coal, railroad and steamship properties than any other company in the world.
 The National Steel Company, controll- ing thirteen plants for the making of steel billets, steel bars. sheet bars, tin plate bars, steel rails pig iron, coke and mer- chant bars. The productive capacity of this company is 1,soO,000 tons of steel an- nually
 Steel Corporation controls the American Bridge Company and what are known as the Rockafeller iron mines in the Lake Superior district.
 This is the plant of the United States Steel Corporation. It would seem to be so formidable that there would be little use in any combinations trying to compete against 1t. Maybe such competition wouldn't be successful, but there are plenty of iron and steel companies In the United States which are not included in this great combination. Here are the principal ones:
 The Alabama Consolidated Coal and Iron Company. The authorized capital stock of this company is $5, ,000, 900, divided 4.-A- 1. Al preferred stock bearing per cent. cumu- lattve interest All the stock has been is- sued and the company has no bonded in debtedness. Since November 1, 1899, divi- dends have been declared regularly The properties and plants owned by this com pany include several. blast furnaces in Alabama and thousands of acres of ore lands in Alabama and Georgia. The com pany produces 150,000 tons of iron a year and 35. .0o0 tons of coal a month.
 mo Amer1can Car and Foundry Com pany, with headquarters at St. Louis. The authorized capital stock of this company Is $60, ,0O0 .000. of which s30 900, 900 Is common and $3o, ,0oO0 GOO Is preferred. It has bonded Indebtedness. Of the total au- thorized issue of the stock s29 090, 900 of each kind has been issued. The company controls fourteen plants for the manufac- ture of cars and car parts. The company can turn out 800 passenger cars A year. 9O,O0O freight cars, 100000 car wheels, ,30.- GOO tons of cast iron pipe. s0000 tons of bar iron and axlesand. l300 900 tons of casting The American Iron and Steel Manufactur- ing Company This company has an au- thorized capital stock of s20,00 000. Of this 8, ,0O00 600 is preferred and s17 .000 900 Is common. All the preferred stock has been issued and s1,70O,oOO of the common stock. The preferred stock paid 1A per cent quarterly during 1900 and the com mon stock also aid dividends. The com peny's products are bar iron and steel machine bolts, carriage bolts, nuts, wash CTS, railway and dock spikes, car forg- ings and rods and irons for bridges and buildings. All of the company's plants are in Lebanon. Pa
 The Bethlehem Steel Com pany, whose capital stock Is s15, COOL 900 of common shares, all issued. This company's plant is the plant of the Bethlehem Iron Com pany at Bethlehem Pa.. and its products are pig iron. steel bars and billets, forgings,