The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1910-08-07
bOWRON WILL BE
ELECTED TO NEW
PLACE TOMORROW
Grenfell Makes a Flattering
Statement About District
Before His Departure
COMPANY rs ENTERING
UPON ITS REAL WORK
High Compliment Paid to Hasslnger
for Manner in Which He Has
Directed Construction of
New Plants

Cecil A Grenfell, representative of the
foreign interests on the board of direc-
tors of the Southern Iron and Steel com
pany, and w. w. Miller, vice president,
general counsel and director of the com
pany, left last night for New York, from
which place 1t is understood Mr.. Gren-
fell, and probably Mr.. Miller, will shortly
sail for Europe to personally lay before
the foreign interests their report and rec
concentrations concerning the company,
its operations and its prospects.
Before leaving Mr. Grenfell made the
following formal statement.
"On Monday Mr.. Miller will retire as
vice president of the company and will be
succeeded by Mr.. James Bowron. who
VIII be elected vice president and treas
urer in charge of the commercial opera
tons and financial affairs of the company
MI. Hassinger having completed all of
the work of construction, extensions bet
terments and Improvements contemplated
on the reorganization of the company
and having completely organized the COM
pany with as competent a set of opera
tors, under Vice President F. b. Kelser
as has ever been gathered together and
having actually started and brought into
successful operation the first wire finish
ing product mills in the south, mills sec
ond to none, will at his own request be re-
lieved from continuance of his RESPONSE
bilities on September l. 1t will be with
regret that we part with Mr.. Hassinger's
services, but approaching that having
most successfully completed his difficult
task, and having so perfectly completed
the organization; in fact, to quote his own
words, that the company no longer re-
quires his services we feel that we must
comply with his wishes. Although Mr.
Hassinger will cease to be an officer, he
will nevertheless continue to render all
possible assistance and advice for the well
fare and success of the company, and we
feel that Alabama as well as the company
owes to Mr.. Hassinger a lasting debt of
gratitude for his efficient work in re-or-
ganizing and rehabilitating the properties
I'VE feel that in having obtained the
services of Mr.. Bowron we have obtained
a man of most efficient commercial and
financial ability especially fortunate just
at this time when the finishing product
mills of the company are being quickly
brought into full operation.
Local Advisory Committee
I'VE want this company to have the
good will and support of the best finan-
cial and business men of the district, and
have under consideration the formation of
a local executive or advisory co.imittee in
Birmingham.
LAS to the properties themselves and the
prospects of the company, as well as the
future of Alabama, we can but state that
we long ago passed the hopeful stage and
are now at the assured STAGE and why
shouldn't we be? The district has the
best and most economically produced ore,
coal. coke and, in fact. all the ingredients
entering into the manufacture of iron. and
the making of steel, and from steel into
finished products is a mere matter of con-
version. For such conversion the South
ern Iron and Steel company is supplied
with the most economical and modern ma
chinery. 1t but remains for organization
and labor to do the rest, and from the
success that has already attended the OPP
erations of this company we are firm in
our belief that in intelligence, application
and faithfuness to their employers the
capital and assured employment to la
borers stand second to none.
Take a glance at the pig iron produc-
ton of this state and compare it with
the production of finished iron products,
follow the pig iron exported to other
states and it's selling price, follow it in
to finished products made elsewhere and
the selling dprice of such finished
products, compare the returns from such
exported pig iron and what the returns
would have been to this state had the
pig iron been converted into finished
products and you will gain some idea
of the future of this state, and come it
must. 1t Is only a question of capital
and labor and both will come as con-
fidence grows in the safety of invested
capital and assured employment to la
Dor.
Plants VIII Grow
within the past year the Southern
Iron and Steel company has spent up
wards of $2,500.000 in construction, better
ments, Improvements and extensions. We
have now practically reached the unit of
production contemplated by our original
plan, but this does not by any means
mean the end. With the success of our
present plant other plants will grow.
If not by us then by others; rolling mills.
car works, structural steel works, axle