The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-05-15
Shows Remarkable knowledge of
Intimate Details Of Steel Cor
poration's Business.
Especial to Tho Times-Dispa tch. ]

New York, May 14-,Presidcnt James
a. Farrell. OF the United States steel
Corporation. to-day gave another eX-
ample OF his intimate knowledge of
the details OF the business OF the CON
Germ.
Mr.. Farrell was again put on tho
witness stand by Special Examiner
Brown. who is conducting the hear
ings in the suit brought by tho gov
eminent for the dissolution of the
trust.
in accordance with a request from
9. \. Severance. who is conducting the
direct examination, Mr.. Farrell read
from printed list OF the S7S com
petitors OF the American Bridge Com
pany. mentioning those with which he
Is personally familiar. MY. Farrell
knew NIL OF the more important data
concerning more than half OF these
competitors. lie described In Just what
particular line OF bridge construction
this and that company dealt and de-
clarcd that many of these competitors
bought their raw material from tho
steel Corporations The National Tube
Company. Mr., Farrell said did small
business I'm sheet steel, but not enough
to affect the market TO any extent. The
witness declared that foreign manu-
lecturers send considerable tubing
particularly the seamless product, to
tho United States. He said that a
German company is now delivering an
order in the West for 5000 tons. The
Mn Farrell said. IS a European con
Germ Tho duty on tubing in the
! United states is cont a pound
The export trade in tin plate" said
Mr.. Farrell. In reply to further ques-
J tions. goes principally to Canada,
Mexico, Cuba and some to South Amer
| lea. The total tonnage for 1911 was
]
! Great Britain. Canada has no tariff
! ON tin plate, SO 1t is open competi-
tion between the United States and
/ England Mexico has duty on this
product, and in Cuba there is a slight
/ preferential tariff In favor of the
United States. There is a tin plato
I factory building in Mexico. but Canada
I imports all it uses"
| Mr.. Farrell explained that most OF
! the tin plate plants in tho Mid
die West. and declared that the Steel
/ Corporation gets no particular bene-
/ fit I'm the tin plate competition.
Tho American sheet and Tin Plate
| Company since 1911 has had about
( &c per cont of the general production"
! Mr.. Farrell added. From time to
/ time new factories have been put up
and others rebuilt for economic roa-
/ sons relating to tho cost OF produc-
ton.
Prosiden, Farrell named four big
competitors in hoop mill products
which he said haNe greatly increased
their capacity for output in recent
/ years. Zig added that they bought
much OF their raw material from tho
| Tennessee Coal and Iron Company, II
subsidiary of the Steel Corporation.
! These four competitors arc the Pitts
burgh Steel Company, the Sharon
/ Steel Hoop Company. the Atlanta
/ steel Hoop Company and the Connors-
f; Weylnan concern
| The American Bridge Company. an
other subsidiary OF the Steel Corpo-
ration, was next taken up. Mr.. Far
! rcll read from list of AIS competi
tors OF this concern In existence on
OF May Is, 1911. to show those. com
petitors with which he was personally
familiar.
In many of the larger cities the
American Bridge Company had sew