New-York tribune., 1905-01-28

home and Southern consumption now amounting =,
% 70 - per cent, whereas il only about b Der
Of affairs is one OF the most important and sgaia
SS SJ ISaIaTeS , or the sntiTs SITUATION and Tel in
proach OF the time when. through the constructon
present supply OF Alabama pig viii be entrei9
taken out OF the market AS Northern iron mill.
require certain amount OF southern iron. the in
evitaole result viii be the development os new
sr1 80 ~ 1ile nus mere u "a a. nsnd az rha
velopment an ever widening circle Of industrial
the growth OF the district almost in the manner a.
arithmetTical progression Indeed. bearing in nsd
in having all materials side By side. while Pfrs
burg has TO ship her Lake Superior ores tho1-
opmsnt that Is under way and in sight. only 4,
the south. but In the countries Of the Caribbean s
across the seas. IL may well be regarded ~ ~
from an enthusiasts dream TO conceive that within
the next twenty-five years the Birmiug CHAM dlstref
viii make far greater progress than Pennsylvanis
has shown in the last Twenty-Five Enormous a.
possible task for Birmingham 10 more than duoF-
cate IT, Twenty-Five years ago the entire state ~
Just about the Birmingham districts production -
steel per capita not only IN the United states br
throughout the world is increasing with aceei-
comparison and battles ali attempts to forecast r.
vasness of the iron and steel industry Of ths
As already stated. the demonstration that Als
barna ores are all adapted TO the making OF trs
o. woTId-wide Importance II was in 1885 that what
were considered successful experiments IN stsei
making were concluded here While operations
nave continued from that time. yet 10 has only
Deen n the last two years that the business has
finally been worked out a large and paying
9s17 t @ IaeesL1es - ara ne 5h,ds Or man
successful production Of steel as a c0n1n1eresI
been overcons 1t is without question that t5ers
viii follow an expansion Of steel making 80 rapid
praseience, even before steel making here lad
finally passed the experimental stage. Abrar s
hewitt, one or Americas greatest lronmasters. IN
Record OF Baifim0re in 1900 said. Is
The two centres for dominating ne frr-
and steel or the world 10 be the Lake Superior
region. with its Bessemer ores on the one side and
Alabama. with It's basic ores. on the other. The
growth OF the basic steel industry. now that mas
been fairly started in the South, ought % be very
rapid That section. with its abundant stores of
ore ard coal and limestoEe in such close proximity
as IS round ii AiaoaIna bios Iair within The next
quarter Of century 70 dominate the basic steel
What IS being done in the Birmingham district
to-day gives assurance Of a fulnlment - Mr.
and many years sooner than any would ha-a
dared TO predict five wears ago The Tenuessea
soI4 ire e1-ira esff1atsd orrDrII 81 srei s-- 1ad5
and in addition to these sales has inquiries lor
darta ke TO meet 1t has been making steel r9iI-
for a little more than two years and az no time
has il been in need Of an order for rails Under
favorable conditions 16o00 tons Of steel rails
turned out last December from its plant at Enssy.
which IS the largest OF any months output It's
States. and trey have been declared BY some % -
the best coIanerclal rails "a Lns WSr1G LAe com
pany Is now arranging 20 increase rs steel output
It has ten open hearth furnaces now and IS adding
another II Is the company pOllCE 70 coLLLl
aily Increase the quantity OF the improved product
and 20 this end IL Is WORKING toward the Utilization
IRON made by its furnaces A certain proportion
OF the steel product. owing TO varying conditions
uses. as biIlets. blooms and slabs. which are in de-
rnand for ear axles, tender axles and locomotivs
fOrEiugs. requiring a high grade or steel
The Alabama Steel and Wire Company has been
for some years manufacturing steel wire. wire nails
and II has heretofore been supplied with bIsts pro-
duced there BY ths Tennessee company Now, how
ever II has built basic iron furnace az Gadsdsn.
and IS manufacturing its own steel II IS proposed
to duplicate at Gadsden its great steel works now
The sioss-shefHeld Steel and Iron Company has
s2-50009 OF preferred stock and Ike amount or
common stock in the treasury. which Is being r.
and the RepubHc Iron and steel Company win
The Alabama Consoiidated Coal and Iron COM
pany voices a widely prevalent sentiment wnen,
hope that the time Will come when it. wiz not sci
mo nora 11isbs5 forr1s In kseri1g Win MS
policy Mr.. Bush. IN connection with his coU1pany-
New-York and others. has Just begun the building
Of large pipe works near The company 5 fiEna -
plant az Gadsden, which VIII rrntsh the IRON 70 D.
melted into pipe ,e-, -. ,,.s.--.. t-,- NAV,
have been insensible heretofore 70 Ine sdNlhtas-
OF diversified manufacture and the production or q
LIt4 uel'lE 4etVe slllalI cil,c' % 49, ~,
pattOns. Now that pronts IN former opetat-.. -
the promise OF more and greater dividends. t7e
companies are able 10 develop and Improve plySltt
great growth Of the South and Southwest. there -
an ever increasing demand FOR the various products
of iron and steel and not only can the sN-sNlns
companies prOhtably widen and extend their opera
tons but the time is Opportuue for the estac acisf-
rnent here OF many new Industries in 0JEer lines
No man can study the conditions here see me
amazing progress already under way without
realizing that a second PittsbUrg IS beng
created. and that the amazing development o. me
latter IS TO find a fun duplication here. A new
Pennsylvania. teening with activity. and increas-
ing wealth almost beyond the dreams OF an en-
thIsiast is the solid reality which faces Alabama
The day Of doubt and experiment has long since
passed. Now vigor and life and success are the
order of the day. and capital tending this way as
never before