The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-04-18
RIVAL FOR STEEL TRUST
A NEW coRPc RATION THAT WILL
HAVE 5000, 900, 900 CAPITAL.
A Large Number OF Blast Furnaces and
Steel Mills Wills combine---Pro-
NOTED by Eminent Capitalists.

1t Is stated that the giant monopoly
known as the steel trust" is to be inter
fered with whether or not that end may he
accomp ished by Jaw a rival is coming
Into the field backed by capitalization
that will make even that corporation trem.
bic According TO the New York Journal
!, OF Commerce there win be number Of
large blast furnaces aud steel mills in the
combination ana some very well known
ndliionarcs among the promoters. Concern
ing the new combine that paper says,
Arrangements have been completed for
the formation % big competitor OF the
United States steel corporation. The new
company viii be Incorporated in Trenton
this week, and will nave Il capital OF S20o,
10000, consisting OF Sl0O.OOO,o00 preferred
ana Ike amount % common stock. This
statement is made on the authority OF y.
IL, Clarke OF the law trm OF Blymcr,
hobbs ~ clarke, whu says that the new
company Nlh take IN large number VI IN
dependent blast furnaces and steel mils
In the East and Middle West which were
uut luk,u into the steel trust. The pro-
motels of toe combination are said To he
h.. II Jennings o. tine Pttshurg Bessemer
/ coke company. n g., Prick of the NounSs-
! town iron sheet aud Tube company, nnd
/ l.. \. humphrey ot Pttsburg. ", A. Ohi
iron(ogpm 0S Sii and IA "a T tiiHieHo,rd Ladd the
/ l.u,u1,rl @, tine American Bridge company,
are also reported 10 he prominent factors
: ina the movement The death OF Mr.. Conger
. i,on1 inriudinE h,Iiirn rouponics with net
| taulngS OF HOoIt $L1Ju,uOU a year.
! IL is said that when the movement wa
Was +" tnEa in n n1nher If bridge com
| pauies, but this PROPOSE ion has been some
want upset by the unexpected death OF
Tam ,u ''E, ,,,+ ,,,,., o,,r,ol Il, ronsoll.
datn orc oi,eged to nave earned fully $i5,.
1900 NJ tuttns NV ii 10 thc fotloyinr.
Hy I1 Ia iI nv ,ni.orT Iron connSnv
blaSt u FnaV'S -,ila'u vi ,n.s.' N,
9l"tt" 'u,iil"t', t,i f,,,,,,,,.c uuh
drew hltcmcoek' liup,,l'u ~ '.,rnv
0aid' ONO; ON" iron anu Hlvei trInTp VIZ
Mary furnace LoWeuE,i!G' pnlo, bISel ~ ~
iron compah, bflet illI lutlace' l"ua -,
town. ONO; cherry Naile{ l."n eoU' Ss,htoo,
thery N4llel lulha'e' ,ii.tS,,oula, AZ,
ynyy NaHey I9'aeG Miu9 rod furnace '@
Youngstown, ONO, all III the MabohlE WI
ley, aud the PunNsutaWneY IRON company
PunNy furnace, PunNsntaWneE' lunpa'
Furnace company ltwol DUNBAR lulact'
Dunbar Pa; Stewart Iron company, I'm
tied. Stewart furnace, sharon, IA, anu bVi
font Furnace company, Beltont, ONO
Mills Kelly NAH ana Nle company ~ ou-
ton Ohio. Norton Iron Works company
lronton Ohio. Bclfout Iron company, iron
ton OHIO; Martiug Coal and Iron company
nunton Ohio; Ashland steel company
Ashland. Ky; Cuyahoga Wire company
Akron Ohio; Summit Wire company
Akron Ohio; La Belle iron Works, Stea3fn
Vile Ohio; Phoenix Iron Works, Phoenix
Vile Pa: Troy Steel company, Troy, y
T.: litter 4 Conlcy, pittsburg; Carbon ce
company, Pittshurg; Youngstown IRON
Sheet and Tube company, Youngstown
Ohio: Howe Polk Tubing, DanNilie, IA.
Central Iron Works, Harrisburg, Pa; Wau
kcsha Sheet steel company, WaukeShd
| Wis. Boston Bridge Works, Boston, Mass,
| / Hpi1vr A'lpNplauU. lDhlO