New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-09-25
rOUEY TO HEAD
STEEL COMBINE,
OPPOSING TRUST
VIII Be President of Mid
vale Steel Company
ofPennsylvania.
uINJTIONS OF WAR
PROMISE PROFITS
c..,la Baldwin and Republic
Iron Mentioned in Connection
with Proposed Merger

zee ro,laced
william :. corey N"'
,tis-. q .ic Ir'-cl states S'eei
81 CD. scars ago by the pres
Co1poF. .-... -r.e lanes A.
,rt .rcur'e'' '- ..;,.o
,.--,u is ahcc, 60 return 20 "0''''
taiiss '' ''' ,......,. Steel Company.
iesi o. ia' '-'" p.,r.ria
As large independent e''''''
.ovr which has Just been 'AA''
>-.,. Work financial interests,
ever .' ,,...,..-. Pesd & Co. E. c..
ire.ud.rg "l''-''' -,1s.,,o- 60, -
Converse and icreV ho0A'l''.e'' '0',
william kockf-e ,a-i:o .-osi-
,.oo5 that Prank A. ANqe1I,p' oiso
ssSt o. the >A,.o.a.A. ...l.. ,.'.S ,,.A;cb has ac-
ore o. 'ne sF'.'' ... ,,.Sya>e company.
CURED con ,5o. - William A. Read &
A. the on. +be negotiations
Co.. thro1-. .--.s on IL was stated
hsye esg" 80. ne Official announce
yssielus, '....,.-.+,o~ Of the deal and
rehl W ,.' ....|. have 10 come from
ne tsF,-' ,.,-t.- ~ar+ner. Roland L.
ne fh""' '.'i .tc- Vel Informed
Taylor. pl' .~.oA tba+ The en-
quarters u ....,.e~t an array Of
trance oi 80 +ba ;nderendent
tnsnclai 'aie". NE a. No forerln-
sieei come. ''..,.,.-.,,,o-.s intended 70 lead
isr o. 1- '..-.,-,~i-a-,ou Of 3 steel mer-
tp 70 W. 49,. l+te- large independent
fsI ms,-
s'loeiIsii Yesterday how the Mid
" s..,-.,. o.. c,r,o % be acquired by
Nue ..-.e.q prominent bank
AeW lSlA .-.t5o t..,o,vied-e of the ne
Ntr hsNing - .ho berinning said
l't".o'ts e.. .t' ~,,rchasing syndicate
nl' q. s - 80 -bo banking firm of
SsS g.,,,.- I'm peos a Co.. with its con-
.,..iors "..''o
~ co.,.-so Interested.
L. - .-.o~os.aa o,d
Later oiheI' o' am - Iii. sn-
Re syndicate peoa.-' go So-a,. S.'5 s.d
laTged until 10 lhc4uo'1 vi .SI'
Nr ConVerse' "h0 oe11pS 80. T~,,s+
SUITE Of ol-o'' -" .-1 - - .ba
Building, ana on t'e V'H , .San.;snd
koeseieIe!s' ""o "- 49,
Niih uI -N..'-,.'' ~ +be new interests
IN he NidTale company. it was said, 20
enlarge the scope o. its operations by
rsine extensively into the manufacture
q war munitions Hitherto the man
fre-srf has s.eadfasrlr refused 10 ac-
eep, war orders from foreign govern
mes,s. due. it is understood. to the d.
ri6sd svrrsthies Of certain members
n tbs famile. In control. The COM
Ssnv /. SAID 70 be- tho second largest
mster Of armo- plate IN this country,
bu, i.s order. since The war broke ou'
have been liu.' .argoly to business
received from t.e United States gov
eminent
Followirr q coutemplated reorganiza-
,io,. +, ;s understood that the new in
,,te,,s In cortroI viii provide for the
sonssnv's entrance into rhe war bust
ness by ircree .rr lis Capitalization
,,5 .vclsre,,.,, reu securities for old
on plsn Similar 70 that carried out
bv he Snbroa,,re Roet CORPORATION in
ts relatior =. tho Electric Boat Com
p,,v The exchange. II is stated. will
(, n reter,ef sdrartage 20 the pres
~. stocLloifar.
~ '''.S..o' Ds
i'-OV e' Ne"' NV iN' 49,,
Tie present capital stock OF the Mo,
ule company, Es,lot.uOO, was increased
70 that amount from SioO'OOO IN feDIu1
.fy' 1910, by the declaration OF l'zoo
h cent STOCK dividend
,.SSAsh SAsh diy.denos have been Ps5S Pano az az