very rare c. 1920's single-sided die cut steel "high voltage" danger or cautionary sign with skull and crossbones

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UR #:: UR-10505-11

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Product Description

exceptionally rare c. 1920's vintage industrial single-sided heavy die cut steel porcelain enameled "high voltage" danger or cautionary sign. features an unusual, centrally located skull & crossbones with radiating lighting bolts. the vintage sign was likely manufactured by the stonehouse steel sign co., denver, co., for the united states steel company. originally salvaged from the "gary works" steel mill, located in gary, indiana. retains the original grommets for mounting purposes. all original and nicely aged surface patina left untouched. measures 14 x 10 inches. j. p. morgan and the attorney elbert h. gary founded u.s. steel in by combining the andrew carnegie's carnegie steel company with gary's federal steel company and william henry "judge" moore's national steel company for $492 million. it was capitalized at $1.4 billion, making it the world's first billion-dollar corporation. at one time, u.s. steel was the largest steel producer and largest corporation in the world. in its first full year of operation, u.s. steel made 67 percent of all the steel produced in the united states. it now produces less than 10 percent. the corporation, as it was known on wall street, always distinguished itself to investors by virtue of its size, rather than for its efficiency or creativeness during its heyday. in 1901, it controlled two-thirds of steel production. because of heavy debts taken on at the company's formation — carnegie insisted on being paid in gold bonds for his stake — and fears of antitrust litigation, u.s. steel moved cautiously. competitors often innovated faster, especially bethlehem steel, run by u.s. steel's former first president, charles m. schwab. u.s. steel's share of the expanding market slipped to 50 percent by 1911. u.s. steel's production peaked at more than 35 million tons in 1953. its employment was greatest in 1943 (during world war ii) when it had more than 340,000 employees.