MOSCOU. 10 Actions de 250 Rbls. brown, olive, black. No 12191-200. Founded 1874 and we find no other date on the front, yet, this share was printed in 1899 (date on the back). Text in Russian and French. The small town of Beloretsk is today in Bashkortostan, a region between the Volga and the Ural Mountains. The town grew in the late 18th century around the new iron-works. This company is a successor of that original industry. It was the star of the Moscow Wogau group. The original Pashkov family business went bankrupt in 1874, partly in debt of the Moscow trading-house of Wogau, which had bought Pashkov's nails, screws, wire, etc. Wogau acquired the assets, and founded this company in Beloretsk. He installed the latest English and German blast-furnace and rolling-mill technology, and built a 120Km railway line to link with the Trans-Siberian Railway; previously the products had been dispatched on the Belaya River (when the water-level permitted). In 1910 there were more than 10.000 people working in the factory. Stalin built the great Magnitogorsk iron complex on the same vast rich iron-ore deposits. Those deposits are still exploited today for one of the largest iron and steel centres of Russia.
Themes: METAL & ENGINEERING
Startprice: € 500