A Classification of American Wealth
History and genealogy of the wealthy families of America - Sponsors


 Part 1 : Colonial and Mercantile America  Part 2 : America in the Gilded Age
 Part 3 : America in the Twentieth Century  Encyclopedia of American Wealth

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  Part II-Chapter 1 : Trusts > Steel Kings > Carnegie Steel  :     Previous   1 - 2 - 3 - 4 - 5 - 6 - 7 - 8 - 9 -
                                                                                                                                          
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   Henry Clay Frick and the Carnegie Steel Company

Page entitled : Association of Frick and Carnegie

Content of this page is about :
How Andrew Carnegie purchased a majority of H. C. Frick Coke Co and how he gave Henry Frick an interest in the Carnegie steel works

Extract :
... Andrew Carnegie finally increased his interest in the H. C. Frick Coke Company to 50% . Thanks to a considerably more generous dividend policy, the profits of the smaller coke concern soon generated larger returns to its stockholders than the (other) Carnegie enterprises . These dividends helped Andrew Carnegie build out his position in the steel business.  ...

 

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