davidaulloa/AmericanStories huggingface dataset:
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
WEST NORTH STAR.

Mr.. and Mrs. Frank Howes went
to Kalamazoo Monday to attend the
State Grange as delegates.
ID. c. Elliott went TO Alma Thurs
day where he has employment. He
expects to move his family there in
the near future.
Little Aubry White, son of Ray
White, died Sunday morning after a
very short illness. He was playing
around Saturday noon but was taken
suddenly worse toward evening.
Floyd Woodman was in Pompeii
Friday on business
Sumner Hoxie of Ithach, called on
his mother Mrs. Fife Hoxie Sun
day.
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14

Lee Anthony.
Miles Hamilton.
Emanuel Richardson.
Foster Post.
Clyde Fruchey.
George Kemp.
Fern Richardson.
Elmer Fruchey.
Dora Hamilton.
Ward Leonard.
Blanch Hamilton.
Elsie Markham.
Glade Post.
Edna Sias.
Carl Wood.
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14

Feed them whole corn at night, es-
pecially on cool nights. They need a
cropful to keep up the bodily heat
overnight.
Give them table-scraps and green
food at noon. For green food We use
cabbagfs, mangel-wurtZels, sugar.
beets, chopped apples, etc. Onions are
also relished, but they are liable to
flavor the eggs.
Fowls should have plenty Of fresh
water, and we never warm 1t. They
like a cool, fresh drink the same as
we do.
Provide a dust-bath so they may
help to rid themselves of lice. Use
plenty of liquid louse-killer and keep
the whole pen scrupulously clean.
If variety of food is given there
is no need of fear about plenty of
eggs. Do not feed whole grain In
hoppers. Only the ground food, beef
scraps and bran is fed there.
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
RULE FOR FATTENIN0 TURKEY
Do Not conflne In Fsttsning Pen, but
Give Liberal Grass Range and
Feed Vol.

Here is an old rule for fattening
the Thanksgiving turkey: Do not
confine in fattening pens, but give a
liberal grass range. They fatten bet
ter If not closely confined. Give them
all they will eat four times day.
Keep them on the fattening ration for
about three weeks, when they should
be in prime market condition. Do not
feed for twenty-four hours before kill
ing, says a writer in the American
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
A Terrible Blunder

To neglect liver trouble. Never do
it. Take DR.. Kings New Life Pills
on the first sign Of constipation,
bliousness or inactive bowels and
prevent virulent Indigestion, jaundice
or gall stones. They regulate liver,
stomach and bowels and build UP
your health Only 25c at Rhodes
Drug Co., Wheaton & Son, Grover 5
Drug Store
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
The Dairyman Saws

He has more milk and better cream
since he began using HARVELL'S
CONDITION POWDER. 1t keeps
his cows in prime shape. 1t is a
strictly medicinal powder, not food,
and is a general conditioning powder
for COWS, horses, work cattle, sheep,
hogs and poultry. Price 25 cents.
Sold by Wheaton & Sons, the Pioneer
Drug Store.
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
Fowls Pay Best.

Naturally fowls are healthy, and no
other stock on the farm has been so
much abused. Yet in spite of all the
III treatment they receive they do
much better than any other stock on
the farm of equal value.
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
Advertised Letters.

Alma, Mich, Dee. II, 1911.
Advertised list for the week ending
Dec. Q, 1911:
Miss Willie Gorrell.
Mr. Herman Lesson.
Mr. f. c. Smith.
The above if not called for will be
sent TO the dead letter office Deem
Der 25th, 1911.
c. F. BROWN, P. NJ.
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
HOUSE WITH MUSLIN FRONT
Neat, Comfortable and Thoroughly
Comfortable Building Can Be
Constructed Cheaply.

The illustration gives an idea of the
neat, comfortable and thoroughly
convenient henhouse l built. Living in
a mill town l make use of the cop
made, 25x2S inches in size. and in
great demand at three cents each,
says writer in the Farm and Home.
This house Is 60 feet long, ten feet
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
FOREST HILL.

The Forest Hill Elevator Co. will
build an addition to their elevator
next spring to accommodate their in
creasing business.
The deer hunters have returned
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14

White Pekins always bring from
three to five cents more pound than
common puddle ducks, saying nothing
of eggs for Matching and ducks and
brakes for breeders.
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14

The following people received
certificates for neither tardy nor
absence for Sept, Oct and. Nov.
Mildred WEIGH
Warren Welch.
Alma record. (Alma, Mich.) 1878-1928, 1911-12-14
FOREST HILL SCHOOL.

Santa Claus, we are getting ready
for you. We are going TO have a
tree, So call on us at three o'clock,
Santa.
The boys and girls are enjoying
their foot and basket ball games
very much.
We have added about thirty volums
to our library, besides buying sup
Elementary readers for 3rd, 4th and
9Th grades.
The fifth, grade have written letters
to Santa Claus and it is amusing
what is asked for. Everything that
might be found in Sears Robucks &
Cos catalogue
The ninth grade will study Shake
speare'e Merchant of Venice after
christmas.
Commissioner H. A. Potter called
upon us one day last week Rev.
Drake of St. Louis called along with
Mr. Potter.
The Primary room is busy making
preparations for Christmas.
The following is a letter from a
fifth grade boy:
Forest Hill.
Merry Xmas, Santa.
How are you, anyway, up there
where it is cold.
am we'll and go to school. The
weather is not bad here, only it
rains instead of SHOWS. Well, Santa,
Xmas is nearly here. l am expect
ing a few things. | will mention a
few of them: A sled, a pair OF
skates and some candy and peanuts,
am,
c. c. FOGLESONG.
The following people received
i
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01
TIE QUESTION OF MONOPOLY.

In discussing the Steel Corporation's
relative position in the industry the re-
port says that in pig iron production it
has just about maintained its original
position Of 4S.2 per cent. In steel. crude
and finished. it has lost ground. con-
trolling in 1901 % per cent. Of the steel
ingots and castings and in 1910 only 81
per cent. notwithstanding great addi-
tions to its capacity. Rolled steel pro-
ducts generally show an almost steady
loss.
while these statistics" the report says.
SHOW the existence Of active competition
and production. it should be distinctly
understood that such competition has not
been so evident with respect to prices.
where 1t has been materially modified by
the existence Of price policy described
az cooperation"
The bureau Of corporations adds that
while the steel trusts proportion Of both
raw materials and finished products thus
shows n marked decrease, the proportions
given do not fairly represent the true
position Of the corporation in the industry
as a whole. In efficiency. location of
plant and eauipment--in capacity rather
than actual production corporation
is said to be materially stronger than the
figures indicate. and in case of continued
trade depression this strength would
probably show itself in increased control.
In iron ore. in particular the Steel Cor
poratlon, IL Is salQ, occupies dOmlnatlnG
position. Its holdings of what are now
regarded as commercially available ores
exceed those Of all other iron and steel
interests combined The ores Of the Lake
Superior region substantially form the
basis of the steel production of the coun-
try at the present time, and the Depart
ment estimates that the corporation con-
trols IS per cent of the commercially
available ores in this region. The bureau
report adds:
Taking conditions as they are to-day.
there can be no doubt that the Steel
Corporation has controlled the great bulk
Of the commercially available ores of the
Lake Superior district. it's proportion
probably being about three-fourths of the
total. In addition. of course. it has there
a large amount Of low grade ore. as well
as immense deposits in the South. The
ore holdings may be con-
servatively placed at more than 2,5OO.-
600 600
The Commissioner contends that the
system of ore leasing whore there is no
limit on the number of leases that can |
be combined in a single interest greatly |
facilitates the gathering in by great con-
Germs like the Steel Corporation Of vast |
amount Of ore reserve far in advance of |
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01
WHAT MARKET VALUES SHOW.

The valuation by market prices Of the
securities Of the constituent companies
(second method) gives Sill COCOON more
than the preceding valuation. The report
says that such excess is natural. AS this
method necessarily covers all property.
including intangible merger values in
these consultations prior to the Steel
Corporation. Average weekly prices are
used in this computation. and to these
figures are added the underlying bonds.
purchase money obligations and real
estate mortgages at par. IA we'll as the
$25.003. 900 of new cash capital provided
for the Steel Corporation The market
quotations from January /. 1901. to
March 81, 1901. which were largely in
fluenced by the prospective organization
Of the Steel Corporation. have been
excluded from the averages. Their inclu-
sion would have added only about 8,0oO.-
OC0 to the grand total Of S793. .OO0. 600
reached by the second method
When il is taken into consideration.
says the report. that these market prices
include Of course an allowance for earn
ing power and other intangible con-
siderations this total Of 37a3 100 600 indi-
Gates that the preceding valuation of
$876. 900. 900 for the tangible property
alone is sufficiently liberal"
The report says that both Of the fore
going estimates are somewhat general.
but the estimate by the third method o.
that of obtaining the value OF the physical
property. classified by departments of
Here is a table showing tho value OF the
tangible assets of the Steel Corporation
in 1901 a. computed by the Department
and also the estimates OF the same prop
critics as made by the corporation itself
in the Hodge suit in 1902:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01

| to strengthen its ore reserves. whsfeyer
the motive for this transaction, it's practical
effect vas TO forestall competition as we'll
as to increase the corporations control of
the ore resources Of the country. As the
rate OF royalty agreed on was greatly IN
excess OF current market rates on ordinary
transactions. IL Is not surprising that the
corporation made no claim to an increase
OF it's assets on account Of this lease.
The high royalty named in this lease.
therefore. instead of being indicative Of a
marked enhancement in ore values, ts
rather evidence Of the extent to which the
Steel Corporation was willing to 80 in order
TO prevent this ore from falling into the
hands OF rival interests.
EARNINGS AVERAGED IL PER CENT.
The Bureau OF Corporations has cal
c,ilated the rate OF profit of the Steel
Corporation not on the capital stock but
on the total Investment as computed by
the bureau: Operating, administrative
and general expenses az we'll as taxes
have been deducted from earnings, also
true depreciation. Tho corporations al
lowance for depreciation. the Commits
sioner holds, has exceeded a necessary
allowance. The bureau has carefully
determined from the records Of the cor
poration the proper depreciation and has
restored the excess Of profit. Thu, ar
rived at, the average annual rate of profit
on the Investment from April 1, 1901. to
December 81. 1910. was IL per cent. 1t
was highest in 1902. i5.e per cent. and
rates do not indicate anv pronounced
tendency. but have on the whole slightly
decreased.
The report says:
II must be remembered, however, that
~ per cent. profit for one small concern
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01

1901. without any allowance for bonus:
s?i .ooo.oo to cover the possible bonus
value OF such fee ore over and sboy. the
preceding valuation: had IL been available
for lease in that year.
"s?i.o .oW.ooo for the transfer Of bonus v alne
Of the leaseholds themselves.
The actual book value OF improvement.
to the Steel Corporations property in
1901 was about 50 .OOO. 900. and the Com
missioner has added this sum.
The Commissioner says
CORPORATION ovERvALuED ITS ORE.
COMPARING the bureaus estimates Of
this ore property by the several methods
described II will he seen, first, that the cur
rent prices OF fee ore indicate that the fee
properties and leaeeholds of the United
states Steel Corporation were worth much
less than 500. .o0o, 900; second. that the terms
OF the purchase OF the Lake Superior Con-
solidated Iron Mines indicate n total value
Tor all the ore property OF the United States
steel Corporation in 1901 OF not over SO
10000 to $4,000. 600. and. third, that the
valuation based on present worth of roy
alties ana bonus values OF leases indicates
that the same property was worth about
SOC. .OOO. 600
Altogether there can he no doubt that an
estimate OF from 500 600, 900 to SOS. 600 ooo
as the value Of this ore property would
be suficiently high Taking all the facts
into consideration. however, the bureau
concluded to allow round value Of 500. =
0oo, ,0o0 for the ore property in 1901.
II Ia worth calling passing attention to
the fact that in the year 1902 the total yalu
atoms. as assessed for taxation. OF all iron
mining properties In the States Of Minne-
sofa and Michigan. OF which at that time
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01
DIED..

DlEDERlCH. In London. on June "a Of I, nh,
fc'cr. SS bill Hale, wife OF Kurt Diedcrich ,
her .ist year.
NJ CaPHREl On THURSDAY. June % 10,
Charles Scranton, son OF George S and Car,
iine $ Humphrey his I'D year
Funeral service at the residence Of his r,tb.
30 Bement av.. West New Brighton, @
Saturday. July l. nj 40 p. NJ
HCRLBuTT.-At Cannon Station, Conn. =. June |,
1911. William b. Hurlbutt. aged os years
months c7 days
Funeral services will be held at n. E. Churcl
cannon Station. on Monday. July 3, at =.
p. N, Carriages win be In waitin on arriy
oflscS train from Grand Central station.
JoHNSoN.--June 20. David Campbell John.
aged o. years beloved husband Of Evelyn
johnson. Services THE FUNERAL CHrRc,
2u West c3d 81. FRANK Z. CAMPBELL. Bun
mo-. Sunday. IL O'Clock.
LfoN.-on Friday, June so, 1911 at Lawrcn
Beach. l.. l.. Elizabeth Lyon OF Chicago
daughter Of the late William Lyon of.R,
ford, Pa
Funeral and In tcrmcnt a. Bedford, Pa.
RlLEf.-On Friday June ~. at the country re
dcncc OF her sister. Mrs. Joseph j. ODonoh,
Norwood PARK, Wcst End. New Jersey. An,
c., daughter of the late Patrick and Ma
Riley,
Funcrs on Monday. July ,. from 81, Patrics
Cathedral, 10Th st and Ath ay.. at lol5 A.
SAYRF NJ Cambridge. Mass on June 30, 10 ,
Helen A., wife OF John Ncycn Sayrc, n /
younger daughter OF Dr. l.. Bolton Banc- |
New York. Notice Of funeral hereafter.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01
UNDER

FRANK r. CAM PBELI. 2AI-2A3 ". 23d st
Chapels. Ambulance Service. Tel. 1924 CheiseS
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01
'ptSe,en, Q.
Uoo.Upo.oop
10000
.s.St0.UO
10000
fsfss...
:s,,@..otio


the United States Steel Corporation prob
aoly owned not much over one-half. wa,
! only about e54. 900. 900. Practically all Tn,
corporations ore holdings were then in
these two States. In other words. the
corporations Is ore property. which for taxa
tion was probably assessed at considerabl,
less than ~. .ooo. 900. was. for the purpose Of
Justifying its capitalization. valued a,
Soo.oooooo. OF course IL is not intended
10 say that the tax valuations represented
the full value OF the property.
The Commissioner concludes this mart
OF his report as follows:
COMMON WAS ALL WATER.
II willibe seen at once that the securitie.
issued blythe steel corporation very greatly
exceeded the indicated value OF the prop
erty acquired. as established by any one
OF the three methods of valuation. The
valuation of the tangible property arrived
at by historical study. as well as that by
departments Of the business. shows an ex-
cess OF capitalization greater than the ind-
Gated value itself. The valuation by de-
partments. namely. S8s? 900. 600. shows an
excess OF nearly S72i .Ooo. 900. Even taking
the indicated market value OF the secure
ties of the subsidiary concerns. namely.
37s3 900 900. which valuation includes the
public estimate for intangible considera-
Hohs AS wen RS physicai property. the ex
,,am .,,,, 80 .vo' .Ioo ,o, ".'on olio cap,tailIa-
,ha vsI,.,inn .,,i,sI ., ~, >".u!aNy
'no Ns'u".oh art'.eu a' oy tn's method
cases.
The bureau does not contend ,h,, thu
Capitalization Of the steel cornora,ion
should have been fixed at any one of the
three valuations here presented. All that
Is attempted at the moment is to present n
comparison OF these valuations with tho con;.
talization. The figures show cIearly ,h.,
the entire issue OF appro ximately ssOs ooO ooo
OF common stock Of the eteel cornoration
in 1901 had no physical proper,v hacr of !,
and also considerable fraction say yror
one NTH to two-flfth,. OF the nreferred
stock was likewise unnrotec,ed hr nhvsic.i
property. Even granting that tbere NAV
have been a considerable value in in,anoihl.
considerations IL ia reasonably clear tha,
at least tho entire issue of common stock
except in so far as what may be termed
merger value" may be considered repre.
sented nothing but water"
While therefore IL Ia not tho purno.s y,
this report to say what should havs heer
the capitalization Of the steel corporation
II IL obvious that the company was heayiIy
oyerca pitalized Judged by any reasonable
standard,
ru, ,xor,u,,-,
Inc repor! mas TINS 10 say on the subject
OF the uhoer"r,t'ng OF ofdted states
SteeE
Very convincing evidence OF a ruling
tendency toward excessive capitalization
Is Afforded by the enormous payment the
Steel Corporation allowed its underwriting
syndicate. This syndicate. as shown else
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01
CLASS OF PROPERTY.

The valuation OF the MANUFACTURING
! properties under this table is arrived AT by
deducting from the par value OF the pre-
! Ierreo STOCK issued ny tneir respectN'
orsahiIations the amount OF worklnt
caPitai PROVIDED ine oepat tineIi. eay
tne. Ns aiio%ehce OF s1U,Uoo,Ul TOT i,iaIiu
os ;nI;s st,,'IS s,,.,;nSad ,,y ,ba Stsa
cornnra,;on ;;saH
Tho vaI,,e ~ the cornorotion's railroad
nronerties has been niaced nj pra actica lly
| the book value, $40 OOO OOO. and of this
the department saws there can be no
doubt Of its liberality The value OF $50
oo'oS Tor steamship property agrees
exactly with the cash prices paid by the
corporation or with the net investment
! shown on the books OF the constituent
companies lhe department thinks ~ was
liberal also IN estimating the coke ana coal
property az $S.wo,ooo which amounts
, TO ii 200 per acre for coke and coal lands.
DISAGREEMENT on ORE PROPERTIES.
Tho itor, ~ h;,,os, digoronc. ia =,
courss tho or. nron.r,ios in which tho
cornoratinn's .st;ma,. ;s $500 ooo noo in
eycess ~ ,bat ~ the don, rtmant II rho
90 ,,.o,'o..ia ,,,;,., -, -.
he porporat;ons pppora;e own .s,,na,a ~ onoeads
ths valiati"n NV the buraa'I hv abo,t
SITS. .OOO. 900 or 30 per cent. Says the
report.
rh, ,b 49,. -..-. a.. l,.,,
!, In. s,.oI i,dus,r, az, in ,h;. ,.aI,,at,or
-, a. asso,s h,. ,ha S,aoI cornnr.,;or "a.
IN s,and for ,hs .xc..s -, cani,oi;z.,;on
oy.r ,h. vol,o ~ ,ansi,l. .sso,s ,na !,
,s ,rus as il Tins ,oc;,Iy ass,,m.d h,, Oh.
cornora,ion i,seN TIM, IN ,hoso ora ho,d;nas
und.r tho nrosan, s,.,,,s ~ ,,a..hi., .'a
control tbe,e .xis,s nm sarnina nnr.r IN IN
,ha con, roI ~ tha indra,r,. Io, -
- "a 'eoo
yai;,.s Witch mus, b. ;,,'ot.S ~ ,. ~,
,ar,n, ~ NETT, i,s go, ,a,,,,.,;-...
~,
me COZ Ipo'a'iol' mas estiniateo the vaiu-
a.,on ", .,o oLG rp, p,opeiy y .nree alner-
@ @sn; 80 "" tne pa"ts vi PrTes
a"nno.o,;on oo'o .ue
has;s ~ tho nr;ca Sa;d H,,, ~. Gta.i T1 r .'.e
noration ;tseif for a cart n Il no,t;on - ~.
ore property: and third bv a On alc,,ia tinn
Of the present worth" OF royalties on
leased ores. There was marked agree
ment in the results OF these various meth
DDS, ana the bureau declares that $780,
600 1000 Is certainly liberal figure. The
Bureau OF Corporations accepts the Steel
Corporation's own estimate Of 100, 900 600
tons for the total ore holdings by the
corporation in 1901, The report adds:
Surprising that all the ore had been oxp.d
in fee in 1901, which was not tho cass anc
allowing a. much as 10 c.nts no, ~ ~, 49,.
Tair av.rag. v,,uo Tho -, " a, t"'
nns;, =, zoo oon nno ,nns 'u,"' ,,,t aus o' oe
go 600 600 n, an a,,.ra ms v, "p''u nave peeh
ooo ~ ooa "n a,I,nse o' 'eh's per ton.
on'y sS',""'.", ",a,hS se'""'ooo TO cover
,,p'o,emS ,nn' ,tia h, w 'n.s mining properly in
is''' ,his pelhs approximately the book
Investment IN ,hese improvements. the
indicated Naihation OF the entire property
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01
any commercial need TO them. The
port concludes as follows:
DANGER TN THE LEASE SYSTEM.

| DANGER TN THE LEASE SYSTEM,
This not only prevents others from gettii
such property but also secures TO sut
a concern the benefit of any appreciate,
| III value which may come about eitn,,
from natural causes or as a result of IN
very concentration of ownership. Oby
onsly. system which thus lends itse
10 such marked concentration Of ore pro,
erty Tor many years in advance Ia comm,
term OF lease being fifty years., at a cor
parauvely small cost. involves u,estio !
OF the highest public importance. II mig \
oe saio mat the lease system as thus appl
,h tne lake ore region really affords |
opportunity for wealthy interest to lem
corner In ore reserves on what IL. in enre. ,,
margin basis. or course. In such extensi
accusations there is a decided spec,,at,
rlek, Just NE In similar efforts to cont
eUm'nooity markets. particularly the pos,
pihty OF the discovery OF available depost
elsewhere or new methods OF mining whj,
may renoer what are now non -availabl
ores available for present commercis
purposes.
Tho dominating position in the or. in
dustry enjoyed by the Steel Cor,o,o,,e
through this great ownership of ore reser,
Ia heightened because Of its very mari
degree OF control OF the transportat,
OF ore In the Lake Superior district.
corporation controls two OF the most
portant ore railroads. the Duluth and
Range Railroad and the Duluth. Miss,
and Northern Railway. The ore rates
these railroads are about 1 cent per =.
mile. Their operating expenses are We
low, that OF the Duluth. Missabe and Mort
ern in 1910 beine below 30 per cent. OF gro
easninss. as against an average Of 90 D
cent. for all the railroads Of the count, j
'he net earnings OF these ore railroat +,
which are chiefly from the ore trafr,c. "A,
phenomenal. This has the practical efre
OF reducing the Steel Corporations net &C
OF ore to itself at upper lake ports a,
on the other hand Of increasing that CO
to such Of it's competitors as are depend.
upon the corporations railroads for tran.
portation.
Hence. not only on account Of its ere
holoings Of ore but also on account OF the
peculiar advantages enjoyed in the tran
portation OF the orc the Steel Corporate
occupies an extremely commanding ros
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01
AERIAL PASSENGER
SERVICE.

Mr.. 7: o. NJ. Sopwith. the
famous English aviator, winner
OF the Baron de Forest prize Of
$50. 900 for q flight from Eng.
land to Brussels, holder of the
worid's record for passenger.
carrying flights. and who, with
passenger. circled the steam.
ship OLYMPIC" a. she wa.
leaving New York Harbor on
Wednesday, 10 now booking
passenger. for Aerodrome and
Cro:s Country flight. during
the holidays, July lst to Sth.
Apply to J. D. Sturroek in
person or by mail at the Aero.
drome Of the Aero Club of New
York. located near Nassau
Boulevard, which runs from
Jericho Turnpike to Hem pstead
Turnpike. at Garden City Es.
tates, Long Island. The rail.
road stationis Nassau Boulevard
on the Hampstead Division of
the Long Island Railroad.
Accodromc Phone ia,2 Garden CIV
Gerden city Estates club Phone
l5i Garden City.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1911-07-01

ton in the iron and steel industry. Indce
In so far as the Steel Corporations posi,i,
IN the entire iron and steel industry is I.
monopolistic character II is chiefly throne
its control OF ore holdings and the tran
portation Of ore -