Word: youngstowns
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Bethlehem-Youngstown. Often rumored, often denied, have been reports that Cyrus Stephen Eaton's Republic Steel will merge with Youngstown Sheet & Tube, fifth largest steel company. An old rumor recently revived and denied was that Bethlehem Steel, whose position as second biggest the Republic-Youngstown merger threatened, is planning to acquire Youngstown itself. Last week it seemed definite that this tremendous merger will be officially proposed and that Youngstown's founder-president, James A. Campbell, who two years ago blocked such a merger, is neutral this time. Youngstown is closely held by large stockholders who have been...
...boredom which is sometimes pleasanter than entertainment to people who want something to do between dinner and bed. There is a master criminal named Malatroff who classifies his subordinates by number, and is interested in procuring the Maharajah's ruby or a string of pearls from a Youngstown, Ohio, millionaire living at Nice. Evelyn Brent and Clive Brook are in it. Best shot: what Miss Brent found on her way to the safe...
...Youngstown...
Addition of Youngstown and Inland to the Republic Co. would give the Eaton consolidation an ingot capacity of about 10,000,000 tons...
Perhaps a very farsighted steel observer could have forecast the Republic merger as long ago as April 1928, when another steel man in whom Mr. Eaton was interested also changed jobs. This man was Elmer T. McCleary, who, after 22 years with Youngstown Sheet & Tube, left its vice-presidency to become president of Republic Iron & Steel. Under the McCleary administration Republic acquired Sheet & Tube, and in 1929 will more than double its 1928 earnings. McCleary habit: to work 12 hours a day 365 days a year. McCleary pride: the new electrical welding process which Republic acquired in taking over...