The Birmingham age-herald., 1911-01-09
MORE RUMORS OF
 AN IRON MERGER Southern Steel and Alabama Consolidated May Combine SHAW OF BOSTON TALKS
Says That Mir. Hoadley and Cecil Gram fell Will Hold a Conference in New York City in
 Few Days

That the holdings of J. H. Hoadley in the Alabama Consolidated Coal and Iron company may be merged with the South ern Iron and Steel company was the gist of an interview given yesterday by James F. Shaw of Boston, who Is interested with Mir. Hoadley in several deals. He said that meeting would occur between Cecil Grenfell of London and Mr. Hoadey in New York In about 10 days, and that plans looking to a merger would be talked over. The consolidation, he said might take place soon. There has been a good deal of merger talk for several months past,
 but the Alabama Consolidated interests did not figure largely in the rumors. Shaw Talks of Merger MT. Shaw said that the name of the Alabama Consolidated would be retained
 in the event of merger, and that railroad would be constructed to Tusca-
 loosa through the combined properties to
 meet river connections at that place. He said: 'I have no desire to make any def mite statements about my visit here at
 this time, for someone might take it that was to build and build, and if plans did not materallze, what I might say
 might be construed differently from the way I desire. However, I have no hesi- tency in saying that consolidation may
 be affected between the Southern Steel and the Alabama Consolidated. MT. Hoadley I know is agreeable to such a
 plan, and he will meet Cecil Grenfel in New York and talk over the plans. I
 know if MT. Grenfell comes around with everything he has promised that the con-
 solidation will take place. It would be
 beneficial all the way through, as 1t would
 combine valuable properties and provide
 means of broadening the scope of both
 companies In a way that would prove | highly desirable.
 MT. Grenfell Is planning something big | for this district and thinks he and MT.
 Hoadley will work in perfect harmony
 In the deals. A merger with those two
 companies would result in the construc- ton of railroad from this district to Tuscaloosa, where connection may be
 made for water transportation to the
 gulf.
 While the consolidation may not be af- fected, at the same time the conditions
 at this time favor such a plan. But if the merger uOeS naterlalZe everyone, 1
 think, will be benefited
 Talks of Birmingham In speaking of the Birmingham dis trict, MT. Shaw said
 "I am not an expert on mineral or in-
 dustrial matters, but I am nevertheless deeply impressed with the giant possbil-
 tiles of this district. l know of no place in America, and I have visited many, which presents such an array of natural resources as this district. l think If the companies here keep their eyes open the
 best returns in the world will come to them.
 is the permanency with which all recent construction has been done here. Every thing seems to have been built or Is be- ing built with an eye to the future, and that argues that the various experts of the country have placed their approval
 on the district. I take it, then, that Bir-
 mingham is destined to go forward with remarkable strides until the acme. of in-
 dustrial greatness has been achieved here.
 It looks that way to me, though I have very little knowledge of the vast riches that seem to be stored here If, how
 ever, all the vast deposits are here as
 claimed. and l do not doubt they are, then Birmingham and the district may expect great things"
 Mr Shaw, MT. and Mrs. Hoadey and
 their party will leave tomorrow for New York.