New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-16
Bethlehem Steel
Consolidates All
Its Shipyards
Government Work Calls for
Centralized Management,
Say Officials

Tho Bethlehem steel Corporation has
arranged to consolidate under one man
agement all its shipyard properties. IN
order to expedite work on the contracts
taken from the government The new
company will be known as the Bethle-
hem Shlpbulding Corporation, Ltd.'
now being formed under the laws OF
Delaware. with an authorized capital
Of sl2,500,OOO.
All the stock to be issued, except
directors qualifying shares, Will be
owned by the Bethlehem Steel Corpora
ton or it's subsidiaries. The certifl-
cate Of incorporation states that the
new company will control by purchase
lease or otherwise" the yards OF inc
Union Iron Works Company, the
Union Iron Works Drydocks Company,
the Fore River Shipbuildng Corpora
ton. the Harlan & Hollingsworth Cor
poration. the Samuel l.. Moore & Sons
Corporation and the shipyard at Spar
rows Point, Md. now operated by TIE
Bethlehem Steel Company.
The officers OF the new corporation
will be: President, +. G.. Grace; vice
presidents, II. +. Lewis, j. W. Powell
II. S. Snyder; treasurer. f. b. Hi;
secretary, b. II. Jones; controller, +.
A. Shick; purchasing agent, William
Tobias. and general traffic manager. j.
NJ. Gross. Mr.. Powell. who is now
president Of the Fore River Shipbulld.
ing CORPORATION, will be in charge OF
sales and operations
Among the reasons assigned Tor the
organization of the new company was
hat the demands Of the government
on the facilities of the shipbuilding
plants made it essential that all dupll-
cation Of engineering and similar over
head work should be avoided so lar as
possible. The proposed consolidation
il expected. through the resulting
standardization and Capitalization OF
management. 10 increase the production
Of the yards affected.
WASHINGTON, Oct. 1.-THE con-
solidation of the Bethlehem shpbuild-
ing interests, consisting Of the Fore
River Company, Samuel l.. Moore g.
Sons. Elizabeth. y. j.: Harland G. Hol-
lingsworth Company, Wilmington, Del;
the Union Iron Works, OF San Fran
cisco, ana the .udi Iniiu PN''A N''fN'''
Baltimore, is looked upon here az
merely the corporate expression or a
union of the Bethlehem companies that
has been so complete that its operating
eficiency cannot be promoted thereby.
There is a possibility that production
may be speeded up a little, but as
general proposition IL is said that all
Of the Schwab yards have been exert
ing themselves to the utmost, except
that the Union Iron Works, which in
cludes the works of the Oakland In
cheering Company and the Hunters
Point plant, all on San Francisco Bay,
has been tied up by an eXasperating
strike.
At present not single ship is build
ing in any of the Bethlehem yards on
contract for the United States Shipping
Boards Emergency Fleet Corporation.
They had been filled 10 their capacity
with private and naval orders before
the board was ready to start its pro-
gramme. They have, however. large
number of the building ships that were
commandeered in August The union
Iron oWrks, it is understood here, has
the largest present capacity and pay
roll OF the Schwab shipyards, but the
programme for the Sparrows Point
Yards at Baltimore is even more am
bitious. II is stated that the new cor
noration is the worlds premier builder
of ships.