The sun., 1915-10-25
STILL ANOTHER STEEL
MERGER Is RUM0RED
Midvale Corporation Said to
Be After Plant Of Eastern
Co. for Shell Making.

Dame Rumor Is still busy merging
steel plants. The latest candidate .or
tho honor is said to be the Eastern
Steel Company. This is An organiza-
ton with works at Pottsvllc. Pa, mere
tofore modestly content to keep out or
the limelight OF publicity ana give
fair return to its stockholders for tn'
money and energy expended upon u
The Midvale Steel Company is reported
to have cast longing eyes upon the
we'll equipped machine shop at Fotts-
Vile. which might he used to fnish
high explosive SHELLS. The Eastern
Steel Company owns large ore prOr'
erty in the Moa district Of Cuba. whicr
IL estimated to contain over f3.OOO.Oo"
tons Of Iron ore. another reason To ~
tract the Midvale attention. The Easteih
Steel Company also controls the war
wick Iron and s,ee, Company. which
operates blast furnaces with an an
nual capacity Of 100000 tons. TIE
producing capacity of steel ingots 1t
Pottsville II 100000 tons and OF strur.
tural shapes 100000 tons annually. II
the MidN,l, Steel Company Is actually
seeking control Of these Pennsylvania
properties some Of the highest ON
cials and largest stockholders are in
the dark. The stock Is closely held
and a movement Of this kind could not
be accomplished successfully without
the knowledge of the owners In New
York ana PHILADELPHIA.
Steel fab.icating shops booked orders
last week for commercial buildings.
manufacturing plant extensions and rail
way and highway bridges calling for
about $4,000 tons Of structural shapes,
including about $4,000 tons OF railroad
work The latest contracts. Just
closed. include $50 tons for the Kansas
City Consolidation Smelling and Re
fning Company at ~ Pa>o. Tex. which.
II n understood. was awarded 10 the
Kansas City Structural Steel Company.
and 600 tons for tho Waterbury Farrell
Foundry Company at WATERBURY. Conn,
placed with the Levering X Garrigues
Company. Tho same fahricators also
new brass foundry TO be constructed
at BriscNl, Conn. The Unitcd States
Industrial Alcohol Company placed
another contract with Dietrich Bros.
for 300 tons OF structural stc"l for
still house to be CONSTRUCTED OF Curtis
Bay. Tho American Bridge Company
has taken a contract for 80 tons %
steel for dorrnitories for Weiles'os Col
lcee. Independent fabr cators htv"
taken several contracts. including -"
tons for building AZ Washington. r.
c., for the American Federation of
Labor. 600 tons for a loft building Ht
broadway. Canal and Lispcnard street.,
fo- the Manhattan Hotel. an -" tons
for a building 10 be constructed It
Ninety-second street and Ams'crdrrn
avenue.
The American Brake Shoe Cour,..,
has closed "a contract foi l".n"u tors
of mallelble foundry iron with tuc liut
ia, furnaces for shipment to - Mort
at Chicago and Lancaster, Pa, Over '."
first quarter Of next year. T.. ". l!i.-.
Company has closed contracts Tor ..""f
tons of foundry iron with thye" ".
ginia furnaces for shipment over '''
first quarter of next year. Ths r..
is Ia 20 per cent silicon The t,"t
that the contract had to he divided
among three different furnaces indicate.
the we'll sold condition ot blast fuJ-
naces generally. I.andcrs, Frary y
Clark are said 10 have closed contrd,.>
for 1000 tons ot 80 10 pcr cent si'r-
con iron. 90" tons of wh.yh Nas place"
with Virginia furnaces and the hIi,r q"
is understood to have gou" to New No-t
state furnaces Another consumer -
centra, New York has closed Tor -"'
tons of foundry grades for shipment
over the frst quarter of 1915
The Munson steamship Company has
placed IA contract FOR another small
freight boat requiring about 1000 .ola
OF steel plates, with the Newport News
Shipbuildng and Dry Dock Company.
The plates will be furnished by an
eastern Pennsylvania mill.
The l'rion Switch and S.gual Com
pany has an inquiry in the market for
5000 tons OF foundry iron for delivery
over the first three months of next yea".