
Cooper's Furnace
Posted by:
mertat
N 34° 09.887 W 084° 44.002
16S E 708933 N 3782748
Iron furnace in Cartersville, GA
Waymark Code: WM1AM
Location: Georgia, United States
Date Posted: 09/10/2005
Views: 123
In 1844, Jacob Stroup built an iron works on Allatoona Creek. Around 1846, Jacob Stroup died, and Mark
Anthony Cooper bought a half interest in the Etowah River iron works
from Jacob’s son, Moses Stroup.
Cooper and Stroup expanded the Etowah operations and brought in a
New York merchant, Leroy Wiley, as a one-third owner and as an open
account supplier of wholesale goods. Stroup had insufficient credit
to carry the debts of the expanding operation, so Stroup was pushed
out and Cooper took over the Stroup one-third interest. Around 1852
Wiley called on Cooper to pay the growing debt of the Etowah operations.
When Cooper could not pay, Wiley turned the Etowah operations over
to Cooper and demanded full debt payment within 3 years. Cooper paid
the debt by borrowing $100,000 from friends in the area.
(From web page)
Cooper sold the iron manufacturing facilities to the Confederate States
of America in 1863, and it was destroyed by Union Forces in 1864 during
Sherman's Atlanta Campaign.
Like other area iron works, the Cooper facility was a cold-blast furnace
utilizing iron ore, limestone and charcoal, all of which were available
locally. Cooper’s Furnace operated an average of 45 weeks per year and
produced some 20-30 tons of pig iron each week. The selling price of this
iron ranged from $20 to $25 per ton.
(From informational plaque at site.)
