i6o CHARLES S. GLEED 



company, the American Tin Plate company, the American 

 Steel Hoop company and the American Sheet Steel company. 

 The companies now in the great company are those above men- 

 tioned and the American Bridge company and the Lake 

 Superior Consolidated Iron mines. This last, known as the 

 Rockfeller iron property, was organized in 1893. It owned 

 and operated large iron mines on the Messave Range in Minne- 

 sota, and owned the Duluth, Messave and Northern railway 

 with one hundred and thirty two miles of track. 



These constituent companies were themselves the result 

 of great consolidations. Many hundreds of properties all over 

 the country, doing like lines of business, had been brought to- 

 gether under the names quoted. Each one of the companies 

 named had made up its list of companies which seemed nat- 

 urally to belong together; had computed the possible econ- 

 omies, total earning power, etc.; had translated the possible 

 net profits into capital and issued securities accordingly for 

 the acquisition of the properties. Examine, for example, the 

 American Steel and Wire company, the ninety milhons of 

 stock of which had to be considered in organizing the new 

 company. The American Steel and Wire company had for 

 its assets the stock or the actual property of the following com- 

 panies : American Steel and Wire company, plants at Ander- 

 son, Indiana; De Kalb, Illinois; Evanston, Illinois; Joliet, 

 Illinois; St. Louis, Missouri; Cleveland, Ohio; Salem, Ohio; 

 Findlay, Ohio; Allentown, Pennsylvania; Beaver Falls, Penn- 

 sylvania, and Rankin, Pennsylvania. The Washburn and 

 Moen Manufacturing company, plants at Worcester, Massa- 

 chusetts; Waukegan, Illinois, and San Francisco, California. 

 The Worcester Wire company, plants at Worcester, Massa- 

 chusetts. The Cleveland Rolling Mill company, plants at 

 Cleveland, Ohio; Newburg, Ohio; and iron mine property at 

 Negaunee, Michigan. The Indiana Wire Fence company, 

 plant at Crawfordsville, Indiana. The Garden City Wire and 

 Spring company, plant at Chicago. The consohdated Barbed 

 Wire company, plants at Joliet, Illinois, and Lawrence, Kan- 

 sas. The Laidlaw Bale Tie company, plant at Joliet, Illinois. 

 The Cincinnati Barb Wire Fence company, plant at Cincinnati. 

 The Union Rolling Mill company, plant at Cleveland, Ohio. 



