of tools and 25,000 tons of galvanized electrical construc- 
tion material. Its annual railroad traffic consists of 3,000 
carloads, incoming and outgoing. The Company also 
controls by stock ownership, the following concerns: 
Russell Shovel Co., Aliquippa, Pa. with an output of 
50,000 dozen shovels; Beall Brothers Co., Alton, Ill. with 
an output of 80,000 dozen shovels and 3,000 tons railroad 
track tools; Jackson Shovel & Tool Co., Montpelier, Ind., 
with an output of 50,000 dozen shovels; Hubbard Pressed 
Steel Co., Niles, O. with an output of 3,000 tons of washers 
and pressed steel specialties; Fulton Tool Works, Hunting- 
ton, West Va., with an output of 1,000 tons of mining tools. 
Hubbard & Company has now under construction in 
Chicago, Ill, a plant to cost $750,000, which will have a 
capacity of 20,000 tons of Galvanized Electrical Construc- 
tion material, this extension of facilities having been found 
necessary to handle the rapidly growing western and 
southern business of this prosperous concern. 
JONES & LAUGHLIN STEEL COMPANY 
The Jones & Laughlin Steel Company was founded in 
1853 and incorporated in 1902 under the laws of Pennsyl- 
vania. The Company is capitalized at $30,000,000 and 
has a bonded debt of $20,258,000. Its plants are located 
in the City of Pittsburgh, and at Woodlawn, Pa. These 
plants consist of coke ovens, blast furnaces, steel works, 
rolling mills, plate mills, wire mills, tin plate mills, tube 
mills, ete. The finished products of the Company include 
blooms, slabs, billets, skelp, sheet bars, structural shapes, 
plates, bars, fabricated structural steel, wire products, tin 
plate, railroad spikes, cold finished steel and tubular pro- 
ducts. The Jones & Laughlin Steel Company owns, 
through subsidiary concerns, coal, ore and limestone 
properties, as well as railroads and steamships required 
in the transportation of materials and finished products. 
The Company’s pig iron capacity is 2,100,000 gross tons 
per annum and its ingot capacity is 2,620,000 gross tons 
annually, while its finished products capacity is 2,325,000 
net tons per annum.