part of 1909, the Catskill Cement Company, located near
Catskill, N. Y., was purchased, and in 1917, the plant of
the Thos. Millen Co. at Jamesville, N. Y.
Still further units were acquired during the latter part
of 1920, when three additional plants in the Middle West
were purchased, namely, at LaSalle, Illinois, Bellevue,
Michigan, and Ironton, Ohio. With the acquisition of
these properties, the company now owns ten plants,
strategically located with respect to distribution, and
serving a territory extending from the Atlantic seaboard
to the Mississippi.
As stated in another paragraph, the original capitaliza-
tion of the company was $500,000.00. At various times
this was increased until the present capitalization is
$25,000,000.00, consisting of 250,000 shares of stock of
the par value of $100.00 each, divided into 230,000 shares
of common and 20,000 shares of preferred. There is
outstanding at the present time the entire preferred issue
and 158,000 shares of the common.
The officers are as follows: President, G. S. Brown,
Easton, Pa.; Vice Presidents, F. G. McKelvy, Easton, Pa.;
C. A. Irvin, Chicago; F. M. Coogan, Easton, Pa.;
Secretary, R. S. Gerstell, Easton, Pa.; Treasurer, John J.
Metthes, Easton, Pa.; Assistant Treasurer, F. G. Lyons,
Easton, Pa.; Assistant Secretary and Assistant Treasurer,
W. E. Viets, Chicago. The company maintains two
general offices, the parent one being located at Easton. Pa.
with a second at Chicago, TI.
The total man-hours worked during the year of 1920,
amounted to 6,033,489 hours. Using an average of 3,000
hours per man per year, we find that the average number of
men employed at the plants amounted to 2,011. The
total payroll for the same year amounted to $3,030,306.34.
The Alpha Company manufactured during the year
1920, slightly in excess of 24,000,000 sacks of Portland
Cement. This latter figure, however, does not begin to
represent the true output of the works, which at full
capacity could manufacture more than 32.000.000 sacks
per year.