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upr000171 197

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upr000171-197
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    m tas T f g s ti - Ja n u a ry 1 6 , 104& ' R 2 Mr. frank strong* Referring to your telegram s-18? regarding proposed lease on Bonsai Ro®4 to &, A. President of stool Conver­sion corporation of Castle SMnmn, PenneyIvania. I n d is c u e s tic m witin t h e i r lo c a l A tto rn e y H e re , itr. A. rf „ Ha® of the firm of h&m and Taylor, I am advised that papers ara now being brave up for incorporation of a firm to be k.mwn ** Steel Conversion. Ccrperatlon, a Nevada Corporation separate fro* the bastIt Shannon fir®. • I understand Mr. Prescott baa contacted Mr. nu.eirling re­garding prospective traffic and he expeti to receive 4 a*-r 1 oaue per rat. nth fro*.i Chicage* after the Industry is in operation* As indicated In my letter January 10 there is no need to extend, the present ©pur track at this tip# a# the «p#o» between the present track in rear of 0*Still iamber Company iissft H r pro­posed site is n further than a similar haul required in. their Pittsburg operations. H e l m i n g water raala extension, this la a tfPfSR water lin* m d the print© Indicate it ends at bumper of spur track; If this Is eorrt?et a 100? extension at f£,f>o per foot, labor, material, and ©onttngeneiee would coat .about §250, *t> quoted Mr. dealing a rents 1 figure foot. o f il.bQ per front I think his plans are still in the formative stag# and 1 eiiggeat that we hold this application in abeyance until we re­ceive further and *or# definite information ss to hie intentions* sir. w. H. flu l i d ur. w* T . Price Mr. A. C. Ritter M AhrSJi in l;f k ACK ii t*