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Show 00 STEEL COMPANY WILL ORGANIZE IN CANADA Salt Lake, Nov. 12. The rapltallets who have been arriving in the City for the past few days for tho purpose of formulating plans to organize a steel corporation to develop that in dustrv on the Pacific roast continued their sessions yesterday Several members of the group are still belnn awaited before Ihe actual steps toward to-ward organization are taken. It was learned yesterday however, thai the DOW company will probab'o have on initial capitalization of one or two millions of dollars and that the parent company will file X ar tides at Victoria B C. That place has been tentatively chosen for the 1 reason that a large part of the capital capi-tal for the, new venture will be sub scribed b English financiers. Sub-sldlarv Sub-sldlarv companies are to bo formed In Washington, Oregon anrf California, and perhaps in I tah, although the plans relative to this Btate are In an embryo atAte as yet |