Word: ironically
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Dates: during 1920-1929
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Constituents of Republic Steel Co. are Republic Iron & Steel Co., Central Alloy Steel Corp., Donner Steel Co., Inc., Bourne-Fuller Co., Trumbull Cliffs Furnace Co. and their subsidiaries. Outstanding statistics (approximate...
...Republic Iron & Steel is the keynote of the new structure. Organized in 1899, from a merger of 24 small steel companies, chiefly in Ohio and Indiana, the company last year went through a rapid expansion program which included acquisition of Trumbull Steel Co. and Steel & Tubes, Inc. There were also continuous but as yet unfulfilled rumors of a merger with Youngstown Sheet & Tube Co., in which Mr. Eaton is also interested. Republic Iron & Steel showed a net of $4,642,000 in 1928 and a net of $8,667,530 for the first nine months...
...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 the Sheet & Tube Company. Mr. McCleary...
...organized Continental Gas & Electric, one of the earliest of public utility holding companies. The Republic deal was handled through Cliffs Corp., a recently organized investment company which combines the resources of Otis & Co. with Pickands, Mather & Co. and M. A. Hanna Co., thus bringing Cleveland's famed old iron and steel Mather and Hanna families into the newest steel development...
...main clue to the Relativity Theory.* Age 77. He marked the week by resigning as head of the physics department at the University of Chicago because of ill health. Next spring at Pasadena, Calif., Professor Michelson, now convalescing from an operation, will peer through a very straight corrugated iron pipe, from which air will have been evacuated, to determine more accurately than heretofore the speed of light...