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19390103_6_razing - It employed about 7.500 men then. A large...
It employed about 7.500 men then. A large number of men were employed employed in the Danville rolling mills of the company. Many others were employed in the Columbia rolling mills, and others in Pottstown. Smaller crews were at work In the Blandon and Seyfert rolling mills others in Birdsboro. Eventually the Birdsboro plant was closed and the nail factory shifted to Reading. The others were either sold or shut down and dismantled. The nail factory is reported to have orders enough to keep its force, a comparatively comparatively small number, at work for some months to come. Obtains Tax Reduction When the Keystone furnace was ordered dismantled, several months ago, the company obtained an assessment reduction from city. county and school districts on 1939 tax bills. Razing work there is ap proaching completion. City assessments on the South Seventh street plant, about $500,000; the North Ninth street mills, $250, - 000, and the Oley street mills, Including Including the Roe puddler, about $200,000, plus land appraisements, totalled about $1,400,000. When the buildings are removed the assessable property will be only the land. The Seventh street property is the equivalent of three city blocks In area; the North Ninth street tract nearly 45 acres and the Oley street plRnt area neerly as large. Recently the company sold its three properties on North Eighth

Clipped from Reading Times03 Jan 1939, TuePage 2

Reading Times (Reading, Pennsylvania)03 Jan 1939, TuePage 2
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  • 19390103_6_razing

    email209 – 29 Dec 2013

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