Independent Furnaces Rise Against Large Firms in Iron Trade
The article argues independents will not be overwhelmed by big companies like Cleveland Cliffs. It notes Mesaba ore range rights expanding, demand for pig iron rising, and outsized furnaces being built. A Chicago ore purchase signals renewed courage among independent producers and future ore supplies for western users.
MENTIONED IN THIS ARTICLE
Cleveland-Cliffs Iron Company
Marquette
Iron and
Seeef
Chicago
Large Steel Corporation
Steel Corporation
Muust
West
Nashwauk Townsite Platted by Longyear and Seliwood
The Hibbing Mesaba Ore reports plans to plat a new townsite in section 32 7-22 named Nashwauk. Nashwauk Iron Company will handle incorporation betting lots ready for sale by June. Longyear and Sellwood lead the project with Hartley. Capt. Tregambo departs for England after years in Ironwood.
MENTIONED IN THIS ARTICLE
E. J. Longyear
Joseph Seliweod
Mesaba
EB. J. Longyear
Joseph Seliwood
EK. J. Longyear
Nashwauk
Nashwauk Iron Company
Hardy
Michigan
Wisconsin
Montana
Maine
Alabama
Missouri
Nebraska
Longyear
Joseph Sellwood
Messrs. Longyear and
Hartley
John “Tregambo
New York City
England
Capt. Tregambo
Iat Ironwood
Pabst
U S Steel Plan to Expand for Greater Efficiency
U S Steel plans a $25 million spend to upgrade plants and subsidiary projects. Officials estimate a $10 million annual manufacturing saving and a $10-$15 million boost to yearly profit under normal conditions. They propose capital restructuring to fund $50 million without issuing new preferred stock, swapping $200 million of preferred stock for 60 year bonds and adding $50 million more bonds. Net effect aims at higher earnings and reduced interest under a revised capital mix, with sinking funds to secure bond retirement and offset ore depletion.
MENTIONED IN THIS ARTICLE
Executive Committee
Imi
Steel Corporation
JP. Morgan & Co
Mining Journal
Time thrift as path to opportunity and wealth
A Lady's Home Journal excerpt notes that saving time mirrors saving money, and mastering efficient use of short periods creates educational and personal opportunities. It argues many waste time unwisely, missing chances to enrich their lives and fortunes.
MENTIONED IN THIS ARTICLE
Ladies’ Home Journal
Campaign strain and recovery with electric bitters quote
Champ Clark recalls nearing collapse from campaign strain and sleepless nerves. He attributes recovery to three bottles of Electric Bitters, stating his organs were out of order but feeling better after use.
MENTIONED IN THIS ARTICLE
Champ Clark
Missouri
Also Mentioned on This Page
Davis & Fehr
Bessemer, Michigan
Dave
U. S. Steel Corporation
Nazareth
Bessemer, Mich
Jos
Sxt
Twoon
Geo. L. Loopig
J. Prince
W. F. Taurtinne
Ass’t Cashier
Jos. SkLawoon
Gro. L. Loops
Gogetne Hospital
Geo. H. Apget
Montreal Mining Company
Louis H. Trugrtner
Wm. I. Pawnee
Edwin Bayliss
Fire and Life Companies
Vana Tently
W. Gree 6 CO
VaBure St
J. A. Vogtlin
Reenemer, Mich