Carnegie Brothers And Company
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Carnegie Brothers And Company
Carnegie Brothers & Company, Ltd. was created by the consolidation of the steel businesses owned by Andrew Carnegie in the early 1880s. Those steel and coke works that were consolidated were: *Sciota Ore Mines *Union Iron Mills *Edgar Thomson Steel Works *Lucy Furnaces *Monastery Coke Works *Larimer Coke Works The merging of these separate business operations into one resulted in the newly formed company owning an interest of nearly $5 million. At the time, Andrew Carnegie owned over half of it. Henry Clay Frick began to supply Carnegie Brothers and Company with coal and coke that was required to operate the steel mills. This relationship progressed with the result in Frick being the major supplier of coke to the new company. Thomas Carnegie, Andrew Carnegie's brother died in 1886 and in 1889 Frick began to manage a portion of the company. Frick also bought company shares. Frick advanced and was promoted to chairman of the company. After his promotions Frick worked with Carnegie t ...
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Partnership
A partnership is an arrangement where parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations. Organizations may partner to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract. History Partnerships have a long history; they were already in use in medieval times in Europe and in the Middle East. According to a 2006 article, the first partnership was implemented in 1383 by Francesco di Marco Datini, a merchant of Prato and Florence. The Covoni company (1336-40) and the Del Buono-Bencivenni company (1336-40) have also been referred to as early partnerships, but they were not formal partnerships. In Europe, the partnerships contributed to the Commercial Revolution which started in the 13th centur ...
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Coal
Coal is a combustible black or brownish-black sedimentary rock, formed as rock strata called coal seams. Coal is mostly carbon with variable amounts of other elements, chiefly hydrogen, sulfur, oxygen, and nitrogen. Coal is formed when dead plant matter decays into peat and is converted into coal by the heat and pressure of deep burial over millions of years. Vast deposits of coal originate in former wetlands called coal forests that covered much of the Earth's tropical land areas during the late Carboniferous ( Pennsylvanian) and Permian times. Many significant coal deposits are younger than this and originate from the Mesozoic and Cenozoic eras. Coal is used primarily as a fuel. While coal has been known and used for thousands of years, its usage was limited until the Industrial Revolution. With the invention of the steam engine, coal consumption increased. In 2020, coal supplied about a quarter of the world's primary energy and over a third of its electricity. Some iron ...
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University Of Pittsburgh Library System
Hillman Library is the largest library and the center of administration for the University Library System (ULS) of the University of Pittsburgh in Pittsburgh, Pennsylvania, United States. Located on the corner of Forbes Avenue and Schenley Drive, diagonally across from the Cathedral of Learning, Hillman serves as the flagship of the approximately 7.1 million-volume University Library System at Pitt. University Library System The University Library System (ULS) is the University of Pittsburgh's largest library organization and is administered by the Hillman University Librarian and Director, ULS. The organization in its current form dates back to 1982, when the University combined the administration of its libraries for the Graduate Schools of Business, Public and International Affairs, and the School of Library and Information Sciences with that of the Hillman Library and its branches. From the early 1980s the library system adopted many new services and resources alongside th ...
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Financial Record
Financial statements (or financial reports) are formal records of the financial activities and position of a business, person, or other entity. Relevant financial information is presented in a structured manner and in a form which is easy to understand. They typically include four basic financial statements accompanied by a management discussion and analysis: # A balance sheet or statement of financial position, reports on a company's assets, liabilities, and owners equity at a given point in time. # An income statement—or profit and loss report (P&L report), or statement of comprehensive income, or statement of revenue & expense—reports on a company's income, expenses, and profits over a stated period. A profit and loss statement provides information on the operation of the enterprise. These include sales and the various expenses incurred during the stated period. # A statement of changes in equity or statement of equity, or statement of retained earnings, reports on th ...
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University Of Pittsburgh
The University of Pittsburgh (Pitt) is a public state-related research university in Pittsburgh, Pennsylvania. The university is composed of 17 undergraduate and graduate schools and colleges at its urban Pittsburgh campus, home to the university's central administration and around 28,000 undergraduate and graduate students. The 132-acre Pittsburgh campus includes various historic buildings that are part of the Schenley Farms Historic District, most notably its 42-story Gothic revival centerpiece, the Cathedral of Learning. Pitt is a member of the Association of American Universities and is classified among "R1: Doctoral Universities – Very high research activity". It is the second-largest non-government employer in the Pittsburgh metropolitan area. Pitt traces its roots to the Pittsburgh Academy founded by Hugh Henry Brackenridge in 1787. While the city was still on the edge of the American frontier at the time, Pittsburgh's rapid growth meant that a proper university was so ...
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Pittsburgh And Western Railway
The Pittsburgh and Western Railroad was a nineteenth-century, narrow gauge railroad connecting Pittsburgh with coal supplies and the oil field around Titusville, Pennsylvania. Its right-of way formed the main line of the Baltimore and Ohio Railroad west from Pittsburgh. It was reorganized in 1889 under Malcolm A. McDonald. The railroad constructed another narrow gauge line from Callery Junction to Foxburg, Pennsylvania. This line would later become known as the Northern Subdivision of the Baltimore and Ohio Railroad (B&O). In 1883 the railroad took control of the line from Foxburg to Mount Jewett after the Pittsburgh, Bradford and Buffalo Railroad had financially flopped. The railroad would later merge with the Bradford, Bordell and Kinzua Railroad, and the Big Level and Kinzua Railroad. These mergers would prove to be ineffective; by 1902 these joint railways were in financial ruin. The Bradford, Bordell and Kinzua Railroad handled significant interchange traffic with s ...
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Philadelphia
Philadelphia, often called Philly, is the largest city in the Commonwealth of Pennsylvania, the sixth-largest city in the U.S., the second-largest city in both the Northeast megalopolis and Mid-Atlantic regions after New York City. Since 1854, the city has been coextensive with Philadelphia County, the most populous county in Pennsylvania and the urban core of the Delaware Valley, the nation's seventh-largest and one of world's largest metropolitan regions, with 6.245 million residents . The city's population at the 2020 census was 1,603,797, and over 56 million people live within of Philadelphia. Philadelphia was founded in 1682 by William Penn, an English Quaker. The city served as capital of the Pennsylvania Colony during the British colonial era and went on to play a historic and vital role as the central meeting place for the nation's founding fathers whose plans and actions in Philadelphia ultimately inspired the American Revolution and the nation's inde ...
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Steel Patent Company
Steel is an alloy made up of iron with added carbon to improve its strength and fracture resistance compared to other forms of iron. Many other elements may be present or added. Stainless steels that are corrosion- and oxidation-resistant typically need an additional 11% chromium. Because of its high tensile strength and low cost, steel is used in buildings, infrastructure, tools, ships, trains, cars, machines, electrical appliances, weapons, and rockets. Iron is the base metal of steel. Depending on the temperature, it can take two crystalline forms (allotropic forms): body-centred cubic and face-centred cubic. The interaction of the allotropes of iron with the alloying elements, primarily carbon, gives steel and cast iron their range of unique properties. In pure iron, the crystal structure has relatively little resistance to the iron atoms slipping past one another, and so pure iron is quite ductile, or soft and easily formed. In steel, small amounts of carbon, other ele ...
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