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Henry Chisholm
Henry Chisholm (April 22, 1822 – May 9, 1881) was a Scottish American businessman and Steel#Steel industry, steel industry executive during the Gilded Age in the United States. A resident of Cleveland, Ohio, he purchased a small, struggling iron foundry which became the Cleveland Rolling Mill, one of the largest steel firms in the nation. He is known as the "father of the Cleveland steel trade". Early life Henry Chisholm was born in Lochgelly, Fife, Scotland, on April 22, 1822. His father, Stewart Chisholm, was a mining engineer. The Chisholms were a respectable, lower-middle-class family, and Henry was educated in the local public schools. His father died when he was ten years old, and he left school at the age of 12 to take a position as an apprentice carpenter. He was elevated to journeyman carpenter at the age of 17, and moved to Glasgow. When he was 20 years old, Chisholm emigrated to Montréal, Québec, Canada. He arrived in the city practically penniless. He worked in Mon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lochgelly
Lochgelly ( ; gd, Loch Gheallaidh, IPA: ɫ̪ɔxˈʝaɫ̪ai is a town in Fife, Scotland. It is located between Lochs Ore and Gelly to the north-west and south-east respectively. It is separated from Cowdenbeath by the village of Lumphinnans. According to the 2007 population estimate, the town has a population of 6,834. History From the 1830s until the 1960s Lochgelly was a mining town. With the industry now dead the town has slipped into economic and social deprivation as with other former mining towns. Lochgelly is now classed as a town in need of both social and economical regeneration and has the cheapest average home price in Britain. Lochgelly, as part of the old parliamentary constituency of West Fife, was known as " Little Moscow" up to the 1950s owing to its Communist political leanings. An area of Lochgelly was known as the Happy Lands (or Happy Valley) and is referenced in the Scottish folk song 'The Kelty Clippie'. The town is served by Lochgelly railway stati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amasa Stone
Amasa Stone, Jr. (April 27, 1818 – May 11, 1883) was an American industrialist who is best remembered for having created a regional railroad empire centered in the U.S. state of Ohio from 1860 to 1883. He gained fame in New England in the 1840s for building hundreds of bridges, most of them Howe truss bridges (the patent for which he had licensed from its inventor). After moving into railroad construction in 1848, Stone moved to Cleveland, Ohio, in 1850. Within four years he was a director of the Cleveland, Columbus and Cincinnati Railroad and the Cleveland, Painesville and Ashtabula Railroad. The latter merged with the Lake Shore and Michigan Southern Railway, of which Stone was appointed director. Stone was also a director or president of numerous railroads in Ohio, New York, Pennsylvania, Indiana, Illinois, Iowa, and Michigan. Stone played a critical role in helping the Standard Oil company form its monopoly, and he was a major force in the Cleveland banking, steel, and iro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cleveland And Mahoning Valley Railroad
The Cleveland and Mahoning Valley Railroad (C&MV) was a shortline railroad operating in the state of Ohio in the United States. Originally known as the Cleveland and Mahoning Railroad (C&M), it was chartered in 1848. Construction of the line began in 1853 and was completed in 1857. After an 1872 merger with two small railroads, the corporate name was changed to "Cleveland and Mahoning Valley Railroad". The railroad leased itself to the Atlantic and Great Western Railway in 1863. The C&MV suffered financial instability, and in 1880 its stock was sold to a company based in London in the United Kingdom. A series of leases and ownership changes left the C&MV in the hands of the Erie Railroad in 1896. The CM&V's corporate identity ended in 1942 after the Erie Railroad completed purchasing the railroad's outstanding stock from the British investors. A number of ownership changes since 1942 have left the track in various corporate hands. Portions of the track are now biking and hiking tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John D
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Jo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Capitalization
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Share (finance)
In finance, financial markets, a share is a unit of Equity (finance), equity ownership in the capital stock of a corporation, and can refer to units of mutual funds, limited partnerships, and real estate investment trusts. Share capital refers to all of the shares of an enterprise. The owner of shares in a company is a shareholder (or stockholder) of the corporation. A share is an indivisible unit of capital, expressing the ownership relationship between the company and the shareholder. The denominated value of a share is its face value, and the total of the face value of issued shares represent the capital of a company, which may not reflect the market value of those shares. The income received from the ownership of shares is a dividend. There are different types of shares such as equity shares, preference shares, deferred shares, redeemable shares, bonus shares, right shares, and employee stock option plan shares. Valuation Shares are valued according to the various principle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pig Iron
Pig iron, also known as crude iron, is an intermediate product of the iron industry in the production of steel which is obtained by smelting iron ore in a blast furnace. Pig iron has a high carbon content, typically 3.8–4.7%, along with silica and other constituents of dross, which makes it brittle and not useful directly as a material except for limited applications. The traditional shape of the molds used for pig iron ingots is a branching structure formed in sand, with many individual ingots at right angles to a central channel or "runner", resembling a litter of piglets being nursed by a sow. When the metal had cooled and hardened, the smaller ingots (the "pigs") were simply broken from the runner (the "sow"), hence the name "pig iron". As pig iron is intended for remelting, the uneven size of the ingots and the inclusion of small amounts of sand cause only insignificant problems considering the ease of casting and handling them. History Smelting and producing wroug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allegheny Mountains
The Allegheny Mountain Range (; also spelled Alleghany or Allegany), informally the Alleghenies, is part of the vast Appalachian Mountain Range of the Eastern United States and Canada and posed a significant barrier to land travel in less developed eras. The Allegheny Mountains have a northeast–southwest orientation, running for about from north-central Pennsylvania, southward through western Maryland and eastern West Virginia. The Alleghenies comprise the rugged western-central portion of the Appalachians. They rise to approximately in northeastern West Virginia. In the east, they are dominated by a high, steep escarpment known as the Allegheny Front. In the west, they slope down into the closely associated Allegheny Plateau, which extends into Ohio and Kentucky. The principal settlements of the Alleghenies are Altoona, State College, and Johnstown, Pennsylvania; and Cumberland, Maryland. Name The name is derived from the Allegheny River, which drains only a small porti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Open Hearth Furnace
An open-hearth furnace or open hearth furnace is any of several kinds of industrial furnace in which excess carbon and other impurities are burnt out of pig iron to produce steel. Because steel is difficult to manufacture owing to its high melting point, normal fuels and furnaces were insufficient for mass production of steel, and the open-hearth type of furnace was one of several technologies developed in the nineteenth century to overcome this difficulty. Compared with the Bessemer process, which it displaced, its main advantages were that it did not expose the steel to excessive nitrogen (which would cause the steel to become brittle), was easier to control, and permitted the melting and refining of large amounts of scrap iron and steel. The open-hearth furnace was first developed by German-born engineer Carl Wilhelm Siemens. In 1865, the French engineer Pierre-Émile Martin took out a license from Siemens and first applied his regenerative furnace for making steel. Their pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bessemer Process
The Bessemer process was the first inexpensive industrial process for the mass production of steel from molten pig iron before the development of the open hearth furnace. The key principle is steelmaking, removal of impurities from the iron by oxidation with air being blown through the molten iron. The oxidation also raises the temperature of the iron mass and keeps it molten. Related Decarburization, decarburizing with air processes had been used outside Europe for hundreds of years, but not on an industrial scale. One such process (similar to puddling (metallurgy), puddling) was known in the 11th century in East Asia, where the scholar Shen Kuo of that era described its use in the Chinese iron and steel industry. In the 17th century, accounts by European travelers detailed its possible use by the Japanese. The modern process is named after its inventor, the Englishman Henry Bessemer, who took out a patent on the process in 1856. The process was said to be independently discover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stillman Witt
Stillman Witt (January 4, 1808 — April 29, 1875) was an American railroad and steel industry executive best known for building the Cleveland, Columbus and Cincinnati Railroad, Cleveland, Painesville and Ashtabula Railroad, and the Bellefontaine and Indiana Railroad. Through his banking activities, he played a significant role in the early years of the Standard Oil company. He was also one of the founding investors in the Cleveland Rolling Mill, a major steel firm in the United States. Early life Witt was born January 4, 1808, in Worcester, Massachusetts, to John and Hannah ( Foster) Witt. His family was poor, and he had little education. The Witts moved to Troy, New York, when Stillman was 13 years old. John Witt ran a tavern on the halfway point between Troy and Albany, New York. Stillman obtained a job earning $10 a month paddling a skiff ferry across the Hudson River. Canvass White, an engineer and inventor, frequently rode the ferry, and became impressed with Stillman' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jeptha Wade
Jeptha Homer Wade (August 11, 1811 – August 9, 1890) was an American industrialist, philanthropist, and one of the founding members of Western Union Telegraph. Wade was born in Romulus, New York, the youngest of nine children of Jeptha and Sarah (Allen) Wade. He made the first Daguerreotypes west of New York, was a portrait painter, and moved to Adrian, Michigan in 1840 before developing an interest in the telegraph. Biography In 1847, he was subcontractor for J.J. Speed and constructed a telegraph line from Detroit to Jackson, Michigan, where Wade and his son operated the telegraph office. He also connected Detroit, Michigan to Buffalo, New York Cleveland to Cincinnati (Cleveland and Cincinnati Telegraph Company, the Wade Line), and others. Wade moved to Cleveland, Ohio in 1856 with his wife and only child, Randall P. Wade (1835–1876). Eventually Randall would supervise the construction of two adjoining mansions with a shared driveway on Cleveland's Euclid Avenue, called M ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
