The Bridgeport evening farmer., 1915-09-25

marine Boat Corporation with a capi- talization ten times as big. Stock of Submarine Boat was exchanged for stock of Electric Boat at ten shares of new for one of old and the new stock was placed on the curb at a price within the reach of the masses.
 No Bethlehem Connection.
 The new company, with it's, larger capitalization, will increase the ca done with Electric Boat and will probably, so one of the organizers said, take over one or two other steel companies
 . But it will not become an assoc ciate of the Bethlehem Steel Corporation, for Midvale was the company which broke up the old armor plate trust by successfully bidding for government contracts after the Carnegie Steel Company and the Bethlehem had had the business to themselves for years and Charles M. Schwab had expended $1t,e0o,0oO to $12,OOO,O0o on his armor plate plants at South Beth1e- hem.
 = By the same token it was pointed out, the Morgan firm will now have a company friendly to itself in exc cutting armor plate contracts for the allies, instead of placing it's chief re- liance upon MT. Schwab, whose re- Iations with the Morgan house were unfriend1y from the time of his e1im- ination from the United States Steel Corporation, in 1903, until the out break of the war.
 { It is well understood that in the in ner circles of the Morgan group pf bankers MT. Schwab has been crEi- cised for driving too hard bargains with the agents of the allies. He has had the upper hand, for his plant has I11 ganized and enlarged Midvale in the field, MT. Schwab's company may not be so necessary a factor.
 It was suggested to one of the Mid vale purchasers that the Cambria Steel company at Johnstown, Penn, might be linked with it. The reply was made that acquisition of the Cam br1a is not a part of the present plan. It became known, however, that the Cambria is for sale.
 Cambria Steel and Pennsylvania, Steel are the two big steel companies controlled by the. Pennsylvania rail- road The Pennsylvania Steel com .pany, in addition t0 ownership of a big plant at -Stee1ton, Pa., near liar risburg, controls the Maryland Steel Co.,, which owns the great works at Sparrow's Point, Baltimore. It was stated officially that the Pennsylvania Steel company is not for sale, but the Cambria Steel company is, provided a bid satisfactory to the Pennsylvania railroad managemnt' is submitted
 Prick Is Again in Harness?
 Henry c. Prick is the biggest indi-. v1dua1 stockl1o1der in the Pennsylvania railroad and the biggest individual stockho1der in Cambria Steel. His son, Childs Prick. is a director of the com pany. All runors of change of control of the company naturally centered about the Prick name. While none of these rumors was subStanttated the Pennsylvania's admission of willing ness to sell naturally gave them ere dence.
 The prospect of MT. Tricks taking
 on theharness again was considered
 second in interest only to the return of MT Corey to the business in which he made his reputation and fortune. With MT. Brick back in the active management of steel companies the United States Steel Corporation would have three rivals under the manage ment of former Carnegie partners.
 There was also bruited about rel port that the Midvale, on it's enlarge ment, would take over control of Colorado Fuel and Iron. Percy A. Rockefeller, 1t was suggested, might IL