Word: steele
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Dates: during 1920-1929
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Elected. John Pierpont Morgan, to be chairman of board the United States Steel Corporation...
Elected. John S. Keefe, 64, hitherto vice president & director, for 27 years, to be president of the American Steel & Wire Co.; to succeed the late William Pendelton Palmer...
...Iron & Steel. Although the Inland Steel Co. of Chicago may join the recent merger of the Trumbull Steel Co. and the Republic Iron & Steel Co. (TIME, Dec. 5), it is also possible that Youngstown Sheet & Tube Co. may buy Inland Steel. President James A. Campbell of Youngstown Sheet & Tube has more than $10,000,000 left of the $75,000,000 received from the bonds which Kuhn, Loeb & Co. recently sold for his company (TIME, Dec. 5) and last week he was bargaining with Inland Steel officials. Said he: "The negotiations have reached a stage that anything might happen...
...Pierpont Morgan takes Judge Gary's place as chairman of the United States Steel board of directors. That will please stockholders. Mr. Morgan's father created the company, with the assistance of Judge Gary, James A. Farrell* and other able citizens, and changed a half a billion worth of stock that Carnegie called 'not even water, mere air' into stock, now worth more than $220 a share, the 40 per cent dividend included...
...every U. S. newssheet. He had apparently forgotten to point out the name of the little-known man who had been elected, with John P. Morgan, the new chairman of the board, and James Augustine Farrell, new chief executive officer, to control the enormous destinies of the United States Steel Corporation. This was Myron Charles Taylor who had been made head of the finance committee...