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20
April, 1905
—Near
NEWS NOTES.
Ellsworth, O., a five-foot vein of
coal was struck at a depth of 110 feet while
drilling was being made for water.
—Conrad Rucher, a farmer of near Lockbridge,
la., has discovered a vein of fine
coal six feet in thickness on his farm.
—The Salisbury Mine Co., of Bergholz,
has gone into the hands of a receiver and
the appraisement shows assets of over
$15,000.
—The Riverside Milling & Fuel Co., of
Riverside, Cal., has been incorporated at a
capital stock of $50,000, of which $40,000 has
been subscribed.
—The Bon Air Coal & Iron Co., of Bon
Air, Term., contemplates putting in operation
50 new coke ovens at their Eastland
plant, in a short time.
—The Shawmut Coal Co., of Pennsylvania,
is engaged in making a thorough test
of the coal in the North Buffalo township
field in Armstrong county.
—Coal discovered at the bottom of a well
75 feet deep, at St. Joseph, Mo., is thought
to prove the existence of valuable deposits
of the fuel in that territory.
—The Middle States Coal Co., of Columbus.
O., is to erect from 250 to 300 coke
ovens at its coal properties near Welsh,
W. Va., at a cost of about $75,000.
—The Pittsburg Coal Co. has begun the
erection of an immense power house near
Canonsburg, Pa., which will supply electricity
to all the mines of that concern in that
immediate district.
—A company of Iowa capitalists have organized
a company for the development of
mines near Oskaloosa. The concern will be
incorporated as the Crawford Coal Co., at
a capital stock of $12,000.
—Because of trouble which developed between
miners and operators, workmen havn
removed the equipment of the McKinley
mine, North of Lisbon, O., and the 125
men who had been employed there will
have to seek work elsewhere.
—President James Ross, of the Dominion
Coal Co., stated at the annual meeting of
the stockholders held last month in Montreal,
that by an arrangement with the banks
the company will, this year, pay off its liability
of $2,380,00 to the Dominion Iron Si
Steel Co.
—The New England Coal Co., has been
incorporated in Columbus with a capital
stock of $1,400,000. The company had formerly
been incorporated under the laws of
Virginia. Of the 14,000 shares of stock,
10,000 are common and 4,000 6 per cent.
preferred.
—A new one-day record for coal mining
was established on March 13 at Vesta Mine
No. 4, located at Coal Center, Pa., when
158,448 bushels of coal were brought to the
surface.
The number of mine cars loaded
during the day was 2,007, which was equal
to 6,000 tons
—According to the official figures given
out by State Mine Inspector J. M. Gray,
the coke production of Alabama during
1904 amounted to 2,284,095, with 8,969 ovens.
though not one-fourth of the ovens were in
operation. The production in 1903 amounted
to 2,653,158 tons.
—Hon. N. W. Hale, congressman from
the second congressional district of Tennessee,
has entered the coal business in Virginia.
He closed a deal, along with two
partners, for 20,000 acres of valuable coal
land lying in the very heart of the Southwestern
Virginia coal fields in Buchanan
ci unity.
—The Saxman Coal & Coke Co., the Superior
Coal & Coke Co., the Latrobe-Connellsville
Coal & Coke Co., the Ligonier
Coal & Coke Co., and the Derry Coal &
Coke Co., all loctaed at Latrobe, Pa., have
consolidated. The new concern will control
about 3,000 acres of coal, with 570
coke ovens.
—The Cleveland Cliffs Iron Co. has taken
over the entire possessions of the Hall &
Munson Co., in the upper peninsula of Michigan.
The price, it is said, was $370,000.
The holdings include 72,000 acres of timber
land, 23,000 acres of farm land, the town site
of Ray Mills, stores, houses, mills and
machinery.
—The Lorain Coal & Dock Co., with
headquarters at Cleveland, O., has purchased
the Conesville mine near Coshocton,
O. It is a modernly equipped property,
electricity furnishing the power. The Lorain
company now operates five mines, the
Wheeling Creek. Lansign. two Crescent
mines, and the Conesville.
—The management of the Sante Fe railroad
has decided to install a complete briquetting
plant near Gallup, in New Mexico.
It is expected to add millions of dollars to
the value of the coal fields of the Gallup
district. It is the intention to make the
lignite product of the district into a marketable
coal of average commercial value.
—William Dieringer and Elzie Green, of
Fdgington, near Wheeling, W. Va., are developing
the coal on the farm of Mr. Green.
The coal, which has been tested, is said to
be equal to the Pittsburg vein. The mine
is valued at $100,000 and it is estimated that
the output will be great enough to supply
a large portion of the local trade of Wheeling.
—The Pittsburg Railways Co. has bought
from R. B. Mcintosh, 250 acres of land
nnderlayed by six feet of the best coal, for
$155,000. The company's new land lies two
miles West of Bridgeville, Allegheny
county, Pa. The railways company will install
an electric equipment and it is expected
that a daily output of 1,000 tons will
be reached.
—The Manufacturers Fuel Co., of Chicago,
in which John W. Gates is interested,
has sold to the Davis Coal & Coke Co., ot
Philadelphia, five coal mines at Belington,
W. Va. The Belington & Weaver Creek
railway, about 28 miles in length, was sold
with the mining plant, together with a large
number of coke ovens.
is said to exceed $3,000,000.
The purchase price
—A coal deal involving over $2,000,000 and
the famous Indiana county, Pa., McCaughey
coal field of 60,000 acres, has been closed
by the transfer of the McCaughey leases
to the Pittsburg, Indiana &
Eastern Railroad
Co. A new railroad route to tap th •
field has been surveyed and construction
work on the road is to be rushed to completion.
Clarksburg will be the center of
operations.
—A charter has been granted to the Kittanning
Run Railway Co., to build a Hue
from Altoona, Pa., to Amsbry, Cambria
county, which will be used as a coal road
and will undoubtedly prove a valuable feeder
to the Pennsylvania railroad. The capital
stock is $100,000. The new line, thought but
10 miles long, will penetrate a country rich
in coal and timber and is expected to develope
a large freight traffic.
—The Southern Land & Improvement
Co., of Baton Rouge, La., financed by the
Moreley Brothers, of Xew Vork and Detroit,
which owns 25,000 acres of timber
land in the swamps of West Baton Rouge
and Point Coupee parishes, has decided to
erect its new plant in the town of Sunrise.
opposite Baton Rouge. It is the purpose of
the company to construct one of the largest
lumber plants in the country.
—Mayor David S. Rose, of Milwaukee,
Wis., will have to answer to the charges
of slander preferred in the complaint of the
Gross Coal Co. under a decision by the Superior
Court. The demurrer to tbe complaint
was over-ruled. Tbe Gross Co. sues
for $25,000 damages, basing its charges upon
portions of political speeches made by tbe
mayor during the last campaign and upon
newspaper interviews regarding charges
made by the company during the coal
famine.
—The Danville Foundry & Machine Co.,
Danville, 111., will ship a pair of their 20x36
hoisting engines to the Continental Coal
Co., Columbus, O. Are also building for
the Springfield Colliery Co., Springfield. 111.,
a pair of their 24x3o hoisting engines and
have just closed a contract with the Commercial
COMII & Mining Co., of Philadelphia.
Pa., for a pair of 24x36 engines for their
mine at Coffeen, 111. They also have under
construction a large amount of work for
British Columbia and for mining companies
in the State of Washington.
The West Riverside Coal & Mining Co.,
•d Iowa, will open one of the largest mines
in that state and in the immediate vicinity
of Desmoincs. Work will be started carlv
this month and it is expected that the mine