Word: arcus
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Dates: during 1930-1939
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Michigan Steel produces sheet steel, sells it to makers of automobile bodies, railway cars, refrigerators, stoves. Last year it earned $1,652,000, will not do so well this year. National Steel was formed in November 1929, to acquire Weirton Steel Co., Great Lakes Steel and stockholdings of M(arcus) A(lonzo) Hanna & Co. in certain of its subsidiaries. It ranks as the sixth biggest steel company in production, is surpassed only by U. S. Steel and Bethlehem in the extent of its ore reserves. It has girded itself for future growth, spending $7,000,000 on improving Weirton Steel...