Hide Article Text (OCR)
MARBLEHEAD TO4BIG STEEL PLANT?• *Rumor Builds a Ten Million Dollar Affair But no I;V\- sS' V:One Seems to Know Anything About it.When asKed If there was any truthto the reports that the Kelley IslandLime and Transport Co.’s property atMarblehead was under option to a newsteel company, President Caleb Gowensmile sarcastically. Uuon being press-into the steel ousiness.It is said that representatives of theeastern capitalists have been here inthe last feu days and have lookeded, he gave the answer, “No”, but Itas to what waswas not very emphatic, and one could guess either way meant. Officials of the company here and at Marblehead, say that they knowover the property, but If this is true.; no one seems .0 know anythin*? about it. One story has it that Superintendent Harsh, when asked if any optionshad b»en given, did not deny the re-*port.nothing about the rumors.Special to The StarMarblehead, O., Mar. 28.—People hereare considerably excited over the reports that a mammoth steel plant isSo far as officials and leading men of I*the town know, the whole thing is based upon nothing but rumor, so far.*likely to be located here. Whatfoundation there is for the report, noPresident Caleb Gowen, of Cleveland, Ike head of the Kelley IslandLime and Transport Co., was in Mar-;one can say. There are all sorts ofstories, and many people have visionsblehead Saturday and in SanduskySunday. When he visited Marblehead,*of the Peninsula becoming a great hiveof steel act ivit'According to one report, a syndicate,which proposes the erdctiaw of amonster steel plant, has secured an option upon all the Marblehead propertySuperintendent Harsh had not heard1jor read the reports aud he asked noquestions, the subject not being mentioned.of the Kelley Island Lime and Transport Co., together with the vessels own-I don’t believe there is any foundation to the rumors,” said Mr. Harsh, to the Star, over the long-distance telephone, Monday. “President Gowen did not mention the subject and 1 am sure that no one here knows anything about it. I wish it were true. If woufd help us over here, even if it would hurt Sandusky.F. 'W. Ohlemacher. superintemTbntof the plant in Sandusky was also inland that the stone may bo tak«in to a^ie to give any definite information.ed by the company. Another reporthas it that this is simply an optionheld by a steel company with the ideaof securing a plentiful supply of stone,ftLorain.Still another report, based upon theassumption that the K. I. L. T. Co.will not give up its property, is to thieffect that the company, in combtna.-tion with eastern capitalists, is going)**!!!!* “So far as I know, there is nothingin the story.” he said. “President j Gowen only smiled at first when askel « about the report. I should say It was neither affirmed or denied, but possibly he did not think the story worth a denial.”•OHM*
Newspaper Details
Sandusky Evening Star
Sandusky, Ohio, US
Mon, Mar 28, 1904
Page 5
Full Page
Clipped by
Anonymous
OH, USA 10 Jul 2020
Other Publications Near Sandusky, Ohio
Sandusky Register
Daily Commercial Register
Sandusky Clarion
Sandusky Daily Sanduskian
Sandusky Star
