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Show SCHWAB IN CONTROL OF BIG IRON MINEb LEBANON, Pa,, Dec. 19. Charles M. f Schwab, it became known today, has pur- chased the Lackawanna Steei company's interests here in the CornwaH ore mines and also the Freeman interests in the Cornwall railroad, ore mines and furnaces at Cornwall. This gives Mr. Schwab con- trol of the Cornwall ore mines. He will 8 own outright the American iron and steel g plants, including the 52,000,000 steel mill, E the Twin Lebanon furnaces and concen- trator plant and the Twin Colebrook fur- naces, and will direct, under lease, the C Twin Bird Coleman furnaces at Corn- wall, the North Cornwall furnace, the Cornwall railroad and the Freeman inter- I ests in the Cornwall mines. |