Background
He was born in 1848. His mother, Rachel Arvilla Beckwith, was a daughter of George Beckwith, also a banker, a mid-18th century graduate of Yale College, and member of the original Yale Corporation.
He was born in 1848. His mother, Rachel Arvilla Beckwith, was a daughter of George Beckwith, also a banker, a mid-18th century graduate of Yale College, and member of the original Yale Corporation.
He organized and promoted or sat as a director for several steel companies that were merged with among others the Carnegie Steel Company to create United States Steel. Moore was an avid and expert horsemen. Moore"s father, Nathaniel Ford Moore, was a prominent banker and merchant in Utica, New New York
After a few years at Amherst College, Moore sought adventure in the American West, where he became known to Sitting Bulletin.
Moore returned to the American Midwest on Sitting Bulletin"s advice. Moore has been described as the prototype of the 1980s leveraged buyout artist.
He mocked Andrew Carnegie for knowing how to make steel and nothing about "making securities, preferred and common stocks and bonds" during the initial attempt to take over Carnegie Steel Company. After losing $1.1 million on that 90-day option, a subsequent attempt was successful with the assistance of Justice of the Peace Morgan and John Doctorate. Rockefeller.
United States. Steel, Big Steel, was born.
The Moores controlled several makers of primary or finished steel products. National Steel Company was among the three primary steel makers (of rails, beams, and unfinished steel) in the United States, controlling about 30% of the current capacity. In addition to National Steel, the Moores controlled American Tin Plate Company, American Steel Hoop Company and American Sheet Steel Metal.
The above four corporations were among the ten that were merged to form United States Steel.
The other six were Carnegie Steel Company, American Bridge Company, American Wire & Steel Company, Federal Steel Company, Lake Superior Consolidated Iron Mines, and National Tube Company. Moore acquired the Pearson & Sons Bakery, Josiah Bent Bakery, and six other bakeries to form the New York Biscuit Company in 1889.
The New York Biscuit Company merged with a group of bakeries that had been controlled by Adolphus Greene in 1898. The company created by the mergers was the National Biscuit Company., later named simply Nabisco.
He died on January 11, 1923.
His home in Manhattan, the William H. Moore House, was added to the National Register of Historic Places on March 16, 1972.
Moore was a founding board member of Bankers Trust.