This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903 edition. Excerpt: ...In a sense, indeed, the former may be considered a continuation of the latter; for they were planned for similar reasons, completed by the same men, failed for kindred causes, and were eventually sold to the same purchasers. The Duquesne Steel Company was organized on June 4th, Kloman's successor ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1903 edition. Excerpt: ...In a sense, indeed, the former may be considered a continuation of the latter; for they were planned for similar reasons, completed by the same men, failed for kindred causes, and were eventually sold to the same purchasers. The Duquesne Steel Company was organized on June 4th, Kloman's successor forging an axle. i886, with a capital of 350,000. Before the plant was completed, disagreements arose among the promoters, and these, joined to a call for more money, resulted in the suspension of construction work. The enterprise was subsequently reorganized; and the Allegheny Bessemer Steel Company was formed, in March, i888, with a capital of $700,000, to take over the unfinished plant and carry it through to success. Among the incorporators were E. L. Clark of the Solar Iron Works and William G. and D. E. Park of the Black Diamond Steel Works. These gentlemen subscribed for nearly six-sevenths of the total capital. The other members of the corporation were also practical men. Mr. C. Ansler, consulting engineer of Macintosh & Hemphill, superintended the building of the works; and neither money nor pains were spared to equip them with the most improved machinery. The buildings were of an unusually substantial and enduring character. They comprised converting and blooming house, 75 feet by 200; a rail-mill 68 feet by 380; a building covering the hotbeds 80 feet by 200; while the wings inclosing the finishing machinery were 48 feet by 64. There were two Bessemer converters, each with a capacity of seven tons. Operations were commenced in the blooming-mill on February gth, i889, and a month later in the rail-mill. The longthreatened competition with the Carnegie rail monopoly in the Pittsburg district had begun. It was met by Andrew...
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