Chapter XI
The Furnaces-- List of Furnaces
5. Madison Furnace, 1836, steam cold blast, situate on Piney Creek, two miles from the Clarion; nine feet across the bosh; thirty-two feet high; owned originally by Mathiot, Miller & Co., bought by Lyon, Shorb & Co., managed by Thomas McCulloch, Samuel Barr, Calvin Rankin, and M. Conrad; produced, 1845, 1,000 tons; 1856, 2,500 tons of mill metal, out of argillaceous carbonate ores of the coal measures close by; in 1872, made 3,048 tons. Used chills; abandoned 1873, in consequence of the panic of that year.
~ History of Clarion County, Pennsylvania, 1887, Page 116