Lehigh Valley Iron Company: Difference between revisions

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Additional furnaces were constructed on the property in the years that followed. The second furnace had a 16-foot bosh and 55-foot high stack and was built in 1862, around the same time that a group of eleven brick and frame houses was established<ref>Mathews and Hungerford 1884, 504 </ref>. To meet the increasing production demands on the company, a third furnace was built five years later, its dimensions including a 16-foot bosh and a stack height of 55-feet<ref>Mathews and Hungerford 1884, 504 </ref>. The company also erected an additional ten brick houses for its increased workforce of close to one-hundred men<ref>Mathews and Hungerford 1884, 504 </ref>.
Additional furnaces were constructed on the property in the years that followed. The second furnace had a 16-foot bosh and 55-foot high stack and was built in 1862, around the same time that a group of eleven brick and frame houses was established<ref>Mathews and Hungerford 1884, 504 </ref>. To meet the increasing production demands on the company, a third furnace was built five years later, its dimensions including a 16-foot bosh and a stack height of 55-feet<ref>Mathews and Hungerford 1884, 504 </ref>. The company also erected an additional ten brick houses for its increased workforce of close to one-hundred men<ref>Mathews and Hungerford 1884, 504 </ref>.


== Financial Hardship ==
== Coplay Iron Company ==
The company continued its operation with no other other significant additions until, in 1878, financial difficulties forced the company to cease working<ref>Mathews and Hungerford 1884, 504 </ref>. The furnaces were blown out at the end of the year and remained cold until later the following year, when the Coplay Iron Company (Limited), which had been incorporated earlier that year, resumed production<ref>Mathews and Hungerford 1884, 504 </ref>. The new company had forty corporators, including E. P. Wilbur as the president; William H. Ainey as the treasurer and secretary; Valentine W. Weaver as the superintendent; and Wilbur, Ainey, Weaver, W. Dodson, Aaron Balliet, Joseph Laubach, R. M. Gummere, and Dr. John S. Wentz as directors of the company<ref>Mathews and Hungerford 1884, 504 </ref>. The company began outputting around thirty thousand tons of foundry pig iron annually<ref>Mathews and Hungerford 1884, 504 </ref>.
The company continued its operation with no other other significant additions until, in 1878, financial difficulties forced the company to cease working<ref>Mathews and Hungerford 1884, 504 </ref>. The furnaces were blown out at the end of the year and remained cold until later the following year, when the Coplay Iron Company (Limited), which had been incorporated earlier that year, resumed production<ref>Mathews and Hungerford 1884, 504 </ref>. The new company had forty corporators, including E. P. Wilbur as the president; William H. Ainey as the treasurer and secretary; Valentine W. Weaver as the superintendent; and Wilbur, Ainey, Weaver, W. Dodson, Aaron Balliet, Joseph Laubach, R. M. Gummere, and Dr. John S. Wentz as directors of the company<ref>Mathews and Hungerford 1884, 504 </ref>. The company began outputting around thirty thousand tons of foundry pig iron annually<ref>Mathews and Hungerford 1884, 504 </ref>. The company reorganized under the name of Coplay Iron Company in 1885, continuing production until its liquidation in 1890 <ref> Roberts et al. 1914, 633 </ref>.


==Notes==
==Notes==

Revision as of 02:46, 10 February 2020

History

In 1853, Stephen Balliet (1781-1854), his sons Stephen Balliet Jr. and Aaron Balliet (1813-1895), and Benjamin Levan (1806-1886) joined together to create Balliet & Co., with the goal of creating and running an iron furnace[1]. The land for the furnace was purchased on the west bank of Coplay Creek and totaled twelve acres[2]. The foundation for the first furnace was constructed in the fall of 1853, and, in 1854, the 14-foot bosh and 45-foot tall furnace stack was erected[3].

Advancement

Following Stephen Balliet's death in 1854, Balliet & Co. underwent internal reconstruction. Joseph Laubach and Lewis A. Buckley were added to the firm as partners[4] and the company was incorporated as the Lehigh Valley Iron Company[5]. Laubach was made president and Levan was elected to become the secretary, treasurer, and superintendent of the company[6]. The company company continued to advance their work with the iron furnaces, building a superintendent's house on the property in 1855 and expanding its resources by purchasing hematite ore-beds in Whitehall Township, PA; Bucks County, PA; and the Ogden Magnetic Ore-Mines in Sussex, NJ[7].

Additional furnaces were constructed on the property in the years that followed. The second furnace had a 16-foot bosh and 55-foot high stack and was built in 1862, around the same time that a group of eleven brick and frame houses was established[8]. To meet the increasing production demands on the company, a third furnace was built five years later, its dimensions including a 16-foot bosh and a stack height of 55-feet[9]. The company also erected an additional ten brick houses for its increased workforce of close to one-hundred men[10].

Coplay Iron Company

The company continued its operation with no other other significant additions until, in 1878, financial difficulties forced the company to cease working[11]. The furnaces were blown out at the end of the year and remained cold until later the following year, when the Coplay Iron Company (Limited), which had been incorporated earlier that year, resumed production[12]. The new company had forty corporators, including E. P. Wilbur as the president; William H. Ainey as the treasurer and secretary; Valentine W. Weaver as the superintendent; and Wilbur, Ainey, Weaver, W. Dodson, Aaron Balliet, Joseph Laubach, R. M. Gummere, and Dr. John S. Wentz as directors of the company[13]. The company began outputting around thirty thousand tons of foundry pig iron annually[14]. The company reorganized under the name of Coplay Iron Company in 1885, continuing production until its liquidation in 1890 [15].

Notes

  1. ↑ Mathews and Hungerford 1884, 504
  2. ↑ Mathews and Hungerford 1884, 504
  3. ↑ Mathews and Hungerford 1884, 504
  4. ↑ Roberts et al. 1914, 633
  5. ↑ Mathews and Hungerford 1884, 504
  6. ↑ Mathews and Hungerford 1884, 504
  7. ↑ Mathews and Hungerford 1884, 504
  8. ↑ Mathews and Hungerford 1884, 504
  9. ↑ Mathews and Hungerford 1884, 504
  10. ↑ Mathews and Hungerford 1884, 504
  11. ↑ Mathews and Hungerford 1884, 504
  12. ↑ Mathews and Hungerford 1884, 504
  13. ↑ Mathews and Hungerford 1884, 504
  14. ↑ Mathews and Hungerford 1884, 504
  15. ↑ Roberts et al. 1914, 633

References

  • Mathews, Alfred, and Austin N Hungerford. 1884. History of the Counties of Lehigh and Carbon, in the Commonwealth of Pennsylvania. Philadelphia: Everts & Richards.
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