SEW NEW STEEL TRUST i Many rany Companies Co Arranging to Go Into a Combine Chicago July 27 Another steel com corn combination embracing the principal plants engaged in making steel cast castings ings lugs is to be formed The nucleus of the consolidation is the American Steel Casting company of Chester Pa The capital is to be upwards of ot with the prospect that the amount will willbe willbe willbe be increased considerably later on list of ot companies said to be in included Included included in the scheme s hem heme are the follow following ing in American Steel Casting comi any Chester Pa American Steel Foundry I company Harrison E F H Ii HHoward HHoward Howard and S Gallagher Galla her company all of or St L Louis Sargent i Franklin Steel t el company Chicago Cl cago i Casting company Franklin Pa Sea I board Steel Casting company Chester I Pa and possibly one rr or two others other The board of directors as proposed includes Daniel Eagan president of rot i ith the th American Ame Steel company compani Ph Phia ia 72 k j i J lr delphia Rolls Holla Wells mayor of t Louis and ld president of the A Steel Foundry company Charles Mil MU Miller leI her president pre of the Franklin f 4 Steel Casting company compan Franklin Pa and W D Sargent president of the Sar Sargent Sargent Sargent gent company Chicago It is IB probable that Daniel Eagan will willbe ba be b chosen chORD president with headquarters at t New York or Philadelphia It was thought for or a time that the th consolida consolidation tion might fall fail but it was found that each concern entering the combination was wu aa Ible to subscribe for its own quota of or stock stuck and it is on this basis that then scheme is now being carried out The companies In the combination make steel castings for railroads and it is said there will be he a great savin saving to consumers umers in the number of patterns used At the present pr ent time there are about different styles of ot car coup couplings couplings lings complying with the requirements of the Master Gar Car Builders association tion and the Interstate commerce com corn commission mission Most Moat of these the e patents while quite similar in many respects are owned own d by byas byas byas as many I private owners who have or ordered ordered ordered dered the same me made by the steel cast casting casting casting ing companies as orders were received from railroads A movement will be he made to standardize by adopting three or ot four standard patterns and thus avoid the necessity of forcing a railroad to carry a stock of ot patents for forso forso so 80 many styles of couplers The steel casting companies own some of the principal 1 patents p tents and will refuse to tomake tome make me couplers for those outside of the combination com ln n What is true of couplers is 18 true tru also of or brake shoes driving wh whet jet for locomotives and other parts