1894 letterhead for the Stubbs Steel Company formerly WH Bennett & Co at Philadelphia Pennsylvania. The firm sold tool steel, crucible steel, open hearth and bessemer bars, flats and hexagons, stone cutting tools, cold drawn, steel shafting, soft centre steel, forgings and miner's and railroad tools. 

President was WH Stubbs. 

Condition - spike holes, creases, discolored, chewed edges.