HC Deb 19 February 1951 vol 484 cc142-5W
110. Mr. Erroll

asked the Minister of Supply what companies named in the Iron and Steel Act were actually vested in the British Iron and Steel Corporation on 15th February; what named companies were not vested, and the reasons therefore; and if he will make a statement on the progress of the transfer.

Mr. G. R. Strauss

I give below a statement giving the names of the companies and the reasons for which the hon. Member asks. The arrangements for the transfer of securities to the Corporation were set out in the notice published by the Corporation in the Press on 30th January.

Following is the statement:

A.—Companies named in the Third Schedule to the Iron and Steel Act, 1949, all of whose securities vested in the Iron and Steel Corporation of Great Britain on 15th February, 1951, in accordance with the provisions of the Act:

  • Arthur Lee & Sons (Hot Rolling Mills), Ltd.
  • Bairds & Scottish Steel, Ltd.
  • Barrow Ironworks, Ltd.
    • 143
  • Birchley Rolling Mills, Ltd.
  • The Briton Ferry Steel Co., Ltd.
  • Brymbo Steel Works, Ltd.
  • Burnell & Co., Ltd.
  • The Byfield Ironstone Co., Ltd.
  • The Bynea Steel Works, Ltd.
  • Cargo Fleet Iron Co., Ltd.
  • Colvilles Ltd.
  • Consett Iron Co., Ltd.
  • The Cranford Ironstone Co., Ltd.
  • Darlington & Simpson Rolling Mills, Ltd.
  • Darwen and Mostyn Iron Co., Ltd.
  • The District Iron and Steel Co., Ltd.
  • Dixon's Ironworks Ltd.
  • Dorman, Long & Co., Ltd.
  • The Elba Tinplate Co., Ltd.
  • English Steel Corporation Ltd.
  • The Etna Iron & Steel Co., Ltd.
  • Gjers, Mills & Co., Ltd.
  • The Glamorgan Hematite Iron Ore Co., Ltd.
  • The Glynhir Tin Plate Co., Ltd.
  • Goldendale Iron Co., Ltd.
  • The Gorse Galvanising Co., Ltd.
  • Guest, Keen & Nettlefolds (South Wales) Ltd.
  • Guest, Keen Baldwins Iron & Steel Co., Ltd.
  • Hadfields Ltd.
  • The Hallamshire Steel and File Co., Ltd.
  • The Hodbarrow Mining Co., Ltd.
  • J. J. Habershon & Sons Ltd.
  • John Bagnall and Sons Ltd.
  • John Baker and Bessemer Ltd.
  • John Lysaght's Scunthorpe Works Ltd.
  • John Summers & Sons Ltd.
  • The Kettering Iron and Coal Co., Ltd.
  • The Lanarkshire Steel Co., Ltd.
  • The Lancashire Steel Corporation Ltd.
  • The Lilleshall Iron & Steel Co., Ltd.
  • The Llanelly Steel Co. (1907) Ltd.
  • The Loddington Ironstone Co., Ltd.
  • The Millom & Askam Hematite Iron Co., Ltd.
  • Monks, Hall & Co., Ltd.
  • Nassington Barrowden Mining Co., Ltd. (formerly Naylor Benzon Mining Co., Ltd.).
  • The Neath Steel Sheet and Galvanizing Co., Ltd.
  • The New Cransley Iron and Steel Co., Ltd.
  • The Park Gate Iron and Steel Co., Ltd.
  • Partridge Jones and John Paton Ltd.
  • The Patent Shaft and Axletree Co., Ltd.
  • Pease & Partners Lingdale Ironstone Mines Ltd.
  • Pease & Partners Normanby Iron Works Ltd.
  • Raine & Co., Ltd.
  • The Renishaw Iron Co., Ltd.
  • Richard Hill Ltd.
  • Richard Thomas & Baldwins Ltd.
  • Round Oak Steel Works Ltd.
  • Samuel Fox & Co., Ltd.
  • The Santon Mining Co., Ltd.
  • The Sheepbridge Co., Ltd.
  • The Sheffield Forge and Rolling Mills Co., Ltd.
  • Shelton Iron, Steel & Coal Co., Ltd.
  • The Skinningrove Iron Co., Ltd.
  • Smith & McLean Ltd.
  • South Durham Steel and Iron Co., Ltd.
  • The Stanton Ironworks Co., Ltd.
  • The Staveley Iron and Chemical Co., Ltd.
  • The Steel Company of Wales Ltd.
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  • Stewarts & Lloyds Ltd.
  • The Templeborough Rolling Mills Ltd.
  • Thos. Firth & John Brown Ltd.
  • The Ullcoats Mining Co., Ltd.
  • The United Steel Companies Ltd.
  • The Upper Forest and Worcester Steel and Tin Plate Works Ltd.
  • The Whitehead Iron and Steel Co., Ltd.
  • William Beardmore & Co., Ltd.
  • The Wolverhampton Steel and Iron Company (1946) Ltd.
  • W. Weston & Co., Ltd.

B.—Companies named in the Third Schedule to the Iron and Steel Act, 1949, whose securities have not vested in the Iron and Steel Corporation of Great Britain:

(1) Companies all of whose securities are owned by companies listed in Part A above, (The securities did not vest in the Corporation by virtue of Proviso (b) to Section 11 (1) of the Act):

  • The Beckermet Mining Co., Ltd.
  • Hadfields Steels, Ltd.
  • Irchester Ironstone Co., Ltd.
  • James Pain Ltd.
  • London Works (Barlows), Ltd.
  • The Oxfordshire Ironstone Co., Ltd.
  • The Steel Company of Scotland, Ltd.
  • The Steel Company of Wales (Lysaght Works), Ltd.
  • Taylor Bros. and Co., Ltd.
  • The Wellingboro' Iron Co., Ltd.
  • The Whitehead Thomas Bar and Strip Co., Ltd.
  • Wolverhampton Corrugated Iron Co., Ltd.

(2) Other companies whose securities have not vested in the Corporation for the reasons stated:

Firth Brown Steel, Ltd. Dissolved on 6th October, 1949.

The New Jarrow Steel Co., Ltd. Dissolved on 27th June, 1950.

Johnson's Iron and Steel Co., Ltd.

Removed from Third Schedule by a notice served under Section 21 on 25th November, 1949, as investigation showed that it did not qualify for inclusion.

Barrow Haematite Steel Co., Ltd.

Removed from Third Schedule by a notice served under Section 21 on 25th November, 1949, pursuant to arrangements approved by the Minister whereby its iron and steel assets were transferred to Barrow Ironworks Ltd. (which is included in Part A above).

Brown Bayley's Steel Works, Ltd.

The Crosby Ironstone Co., Ltd.

Removed from Third Schedule by notices served under Section 21 on 12th and 11th January, 1950, respectively, pursuant to arrangements approved by the Minister whereby their iron and steel assets were transferred to the companies shown in Part C below.

C.—Companies not named in the Third Schedule to the Iron and Steel Act, 1949, all of whose securities vested in the Iron and Steel Corporation of Great Britain on 15th February, 1951:

  • Brown Bayley Steels, Ltd.
  • Notice of acquisition under Section 20 served on 9th January, 1951.
  • The Coleby Ironstone Co., Ltd.
  • Notice of acquisition under Section 20 served on 14th November, 1950.

(For explanation see above.)