Rensselaer Semi-Weekly Republican, Volume 20, Number 85, Rensselaer, Jasper County, 30 June 1899 — MAMMOTH SMELTING WORKS. [ARTICLE]

MAMMOTH SMELTING WORKS.

New Concern Established by Capitalist* in Canada. Steps toward the establishment of one of the greatest iron and steel works in the world were taken at a meeting held in Montreal, when H. M. Whitney of Boston, president of the Dominion Coal Company, met with a number of prominent Canadian capitalists. The result was the formation of the Dominion Steel Smelting Company, with a capital of $20,000,000. Whitney was elected president The company will erect iron and steel works at Sydney, Cape Breton, which will have a capacity of from 1,000 to 1,500 tons of steel a day, and this means that at the present prices the product of the works will amount to about $9,000,000 a year. The site for the works has been selected.