The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1911-11-11
SOUTHERN STEEL
DEAL IS Big ONE
Birmingham CO. Most Import
ant Since 7 c. & .. Deaf

Relative fo The dea, made some
time ago IN the south. whereby the
Woodward Iron Company purchased
fhe Birmingham Iron & Coal Com
paut. new facts have been given by
the Manufacturers Record OF Bath
nIore that are az interest here. FOR
10" reason that Wheeling capital IS
invested 10 The Woodward COMPANY.
The Baltimore paper saws.
The purchase nv the Woodward
Iron Company of Birmingham or the
birmingham Iron q Coal Company
i- one OF the most important moves
which has been made ia the South
since the purchase OF the Tennessco
company by tho United States steer
Corporation
The Woodward Iron Company has
FOR many years been unusually sue
cessfuL n has peculiar advantages
not possessed bv any other company
30 the district 70 can probably pro
dIce pig iron a. lower cost than
any other company IN the United
states. " not IN the world. because
It's ore and coal and limestone are m
closer proximity than the raw ma
teria.s or any other company IN me
district. and these materials are all
handled. with small exception. by IS
Own railroad Several years ago
Judge Gary. testifyinE before one OF
tho Congressional committees. stated
that the Woodward company could
make pix iron az n lower cost than
the Tennessee company
Through tho purchase %: mo BIZ
mingham Iron Coal Company.
which has two furnaces. over 10000
acres OF Goa land and large ore prop
critics. tho Woodward company great.
ly strengthens its holdings OF raw
materials. and thus gains ample sup
DIy % Justify e. large expansion OF
JOS producing capacity. This com
pauE hss recently completed 80 by
product coke ovens. and 30 has been
reported that 81 As contemplating en-
larEing This plant There have been
many rumors circulated from tlms. %
time as 90 the probability OF fhs con
struCflon hv tho Woodward company
o. a large steel plant. but c0nnrma.
lion Of these rumors or any infOrrna
zion ia regard % them ig Withheld
hy tho company. which. by the w
has boon noted for many years FOR
saying fery little about JOS plans o.
its operat 0ns. aud pursuing the even
tenor ~ its way. avoiding an posi-
lle publicity
40 ls reported from Birmingham
thar the woodward company. when
Dr. completes the purchase % the new
properly uil DO capitalized a. about
So 400 gD0.
9Th. purchase wall havs aimufa
f1g eject upon tho whole district
Dr. uiI show that mo most prosper
oua IRON company Iu Alabama. fhe
one which for the longest period has
been phcnoneraliv slcceesful recoE
n'ros fra possibility of "a great On
larEemcnf of ifg operau0na
10 seems practically assured mat
INC merger ~ the Alabama Coue0g-
dated Coal a Iron Company and me
Southern iron A. steel COMPANY uiIi
shortly 90 completed thus putting
those fuo companies. through the
combination. Dol shape Tor large de
fefrpment Of their vast coal ard iron
irtercrfs ard for TIE increase o. ere
output % afee products a. me Sacs
drr plant
These 600 movement unr~ con
r.fareI together ere of unusual in
feresf and OF Gar reaching importance
They are fTc first tlg undcrfakinrs
fha. have been carried out In fla
development % iron ara sfeeI mat
fers ir me birmingham dfsfricf since
fha purchase NJ ne Tennessee com.
pary ty flc Steel corporation