Word: ironing
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Dates: during 1920-1929
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Died. Rear Admiral William Hannum Grubb Bullard, 60, suddenly, of heart trouble, at Washington, D. C. Died. Jon Bratiano, 63, powerful Premier and "iron man" of Rumania, four times (1908-10, 1912-18, 1922-26, July-November 1927) Prime Minister, foe of the exiled onetime Crown Prince Carol; in Bucharest; after three operations had been performed upon his throat...
...Iron & steel giants of the U. S. groped towards mergers last week. Directors of the Trumbull Steel Co. and the Republic Iron & Steel Co. decided to consolidate; and Youngstown Sheet & Tube Co. sold $75,000,000 of bonds through Kuhn, Loeb & Co. That was the biggest piece of industrial financing of the year...
...Republic Iron & Steel is itself a consolidation, accomplished in 1899, of 24 iron & steel companies. Once it made only steel bars. Now it makes diversified products. It has plants in Ohio, Pennsylvania, Indiana, Alabama and Illinois, and iron or coal mines in Michigan, Minnesota, Wisconsin, Alabama and Pennsylvania. With vast steelmaking facilities, it lacks sufficient mills to finish its products. John Alexander Topping is chairman; Cyrus Stephen Eaton a director since last April. Mr. Eaton's joining Republic Iron & Steel was the first definite step towards last week's merger. He is Trumbull Steel's chairman...
Trumbull Steel complements Republic Iron & Steel effectively because its steelmaking departments are less complete than its facilities for finishing steel for immediate consumers. It manufactures sheet & tin mill products, open hearth steel blooms, billets, slabs and bars, and steel strips. Mills are at Warren, Ohio...
...probable is the drift of the Otis Steel Co., another large "independent." However, William Gwinn Mather, president of the Cleveland Cliffs Iron Co. and Chairman of Otis Steel, has heavy investments in Trumbull Steel and in Central Alloy. Such financial relationships count toward consolidations...