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May, 1905 COAL AND TIMBER
21
MISCELLANEOUS
—The Pennsylvania Coal & Coke Co., has
started new mining operations near Ebensburg,
Pa. A new town will be built at the
place and the company will build a railroad
from Irvona to the new plants.
—April was a great month in the anthracite
coal region. In both production and sales
the record was reached if not broken. The
reduction of 50 cents per ton on prepared
and 25 cents on steam sizes stimulated the
demand. The different companies were
deluged with orders and every mine was
worked to its capacity to turn out all the
fuel possible.
—To tap a land rich in timber and minerals
the Bremen & Southwestern Railway Co ,
has been organized, at Edwardsville, Ala.,
to build a railroad 25 miles long from Bremen,
Ga.. to Wedowee. Ala., tapping the
Central of Georgia and'the Southern at
Bremen. The incorporators are H. N.
Gardner, L. B. Parker and A. A. Hurst.
The capital is $50,000.
—Extensive improvements are being made
at the Pike mine near Brownsville, Pa., by
the Peoples' Coal Co. A new railroad tipple,
crusher, railway siding, etc., have been
installed and these will insure operations
throughout the entire year. Four hundred
men have been employed but this force will
be greatly enlarged as it is the purpose of
the company to double the output of the
mine.
—It is estimated that $1,000,000 worth
fine anthracite coal has been dredged from
the Susquehanna river between Harrisburg
and Wilkes-Barre since 1902. Tons of fine
coal have been got from tlie river opposite
Harrisburg and a number of firms of that
city have been supplied from this source
alone. It is a fact that at least $15,000 are
invested in engines, boats and flats by the
river dredgers.
—The Cross Creek & Pittsburg Coal Co.,
has commenced work on its new tract of
coal property on the main line of the Wabash
railroad in Washington county. Pa.
The site of the new plant is about 32 miles
from Pittsburg. A large amount of money
is to be spent in erecting a thoroughly
modern plant and the new mines will be
fitted out with the very latest electric mining
machinery.
—Mining
of
properties and shipping facilities
of the W. L. Scott Coal Co. of Erie, Pa.,
have been taken over by a new soft coal
company called the Pittsburg & Erie Coal
Co., capital stock $500,000, which has been
organized in this city and the new concern
has entered into formal possession. The
business of the Scott company is to be
wound up. Pittsburg and Erie capitalists
are back of the new concern.
—The Foley Coal Co., of Peoria, Ills., newly
incorporated wth a capital stock of $40,-
000, has purchased from W. E. Foley his
coal mine west of Canton at a valuation of
$50,000. Mr. Foley is president of the new
corporation and the mine will continue to
be operated under his own personal management.
With him in the enterprise are
associated several other Peoria capitalists
and railroad officials whose names have not
been made public.
—John R. Walsh, of Terre Haute, Ind.,
will operate the coal mines he has purchased
and those he will acquire under the
name of the Southern Indiana Coal Co.,
which was incorporated three years ago,
for the purpose of preventing the name being
used by others interested in the coal
business. J. W. Thompson, general manager
of the Southern Indiana railroad, will, it
is said, be practically in charge of the Walsh
mines, though the general sales offices will
be in Chicago.
—The new sawmill of the Menominee Bay
Shore Lumber Co., at Soperton. Wis., in
which the Soper Lumber Co., of Chicago,
is chiefly interested, is practically complete
and will probably start on its season's run
the first of this month. The new mill is
erected at the new town of Soperton, Forest
county, Wis., on the Chicago & Northwestern
railway, and is only a short distance
from Waubeno. It is located on the tract
of 30.000 acres of timber lands purchased
last year by the Sopcr interests. During
the winter the company accumulated a stock
of 15,000,000 feet of logs with which to start
its new mill. The mill will turn out 140,000
feet a day of pine, white cedar, birch, elm,
hemlock, basswod and maple. A shingle
mill of large capacity, a planing mill of suitable
equipment, large dry kilns and a complete
electric plant for the mill and town
go to complete the equipment of a manufacturing
operation complete and modern
in every particular.
—According to estimates made by the Delaware
& Hudson Coal Co's, engineers, the
total amount of unmined anthracite coal
. owned by the company at the close of the
year 1904, was 218,644,286 tons. During
the year there were mined 5,323,668 tons.
'Assuming that the output of the company
continues to equal that of 1904, the year
1945 will witness the end of anthracite mining
operations by the Delaware & Hudson
Mining Co. In other words, the Delaware
& Hudson Co. has a supply of unmined coal
sufficient to last for 41 years at the rate of
production maintained during the past year.
It is not likely that this rate can be maintained.
As the amount of coal continues to
decrease, mining operations at various collieries
will have to be abandoned. In some
localities the supply will be exhausted long
before it is in others. Even now, it is
reported that two of the oldest collieries
in the anthracite coal region will cease operations
in a very few years.
Subscribe for " Coal and Timber."
—John J. Dempsey, a rich lumberman of
Manistee, Mich., and his sons, have purchased
more than 100,000 acres of Washington
timber lands. On 60 acres bought at Tacoma,
they will erect large sawmills.
—David Sanborn has sold to the Spaulding
& Frost Co., both of Fremont, N. H., a 100-
acre tract very highly timbered with old
pine growth. The consideration is announced
as being $40,000.
—It is announced that the last big tract
of hemlock timber in Clinton county, Pa.,
has been sold to a syndicate which will cut
down the trees, peel them for the bark,
send mercantable logs to the sawmills, and
clear the ground. There are 500,000,000 feet
of timber on this tract and 130,000 cords of
bark will be realized on the logs.
—John H. McCord, of Wellsville, O., and
J. M. Shivley, of East Liverpool, have concluded
the purchase of 9,320 acres of timber
lands in West Virginia. The purchase
price is said to have exceeded $320,000. The
land is in the Greenbrier valley. There are
70,000,000 feet of timber in the tract and
40,000,000 feet will be sawed daily. The land
is underlaid with coal which will be mined
after the timber is cut. One hundred men
will be put to work at once.
—A new corporation has been formed
under the title of the Bay Mills Land &
Lumber Co., at Nagaunee, Mich., to develop
a portion of the lands and business of the
company in the upper peninsula of Michigan,
recently sold at receiver's sale to the
Cleveland Cliffs Iron Co. The corporation
is capitalized at $250,000, and its main offices
are at Negaunee, the headquarters of the •
Cleveland Cliffs Co.'s land department.
Nearly 100,000 acres of land were included.
—The Goodyear syndicate, a big concern
headed by Goodyear, of Buffalo, N. Y., and
Charles I. James, of Baltimore, is endeavoring
to secure a monopoly of the richest and
most valuable pine timber lands in the state
of Mississippi. In this connection it has
developed that secret offers are being made
for the purchase of the largest timber concerns
in South Mississippi. Among those
approached are the Pearl River Lumber Co.,
and the Enochs Lumber & Manufacturing
Co. The latter is controlled and operated
by Pittsburg, Pa. capitalists. The Goodyear
combine is backed by $25,000,000.
—A deal for 6,000 acres of yellow pine land
has been completed whereby the Watworth
& Neville Manufacturing Co., of Chicago,
has purchased some of the fine virgin forest
of Southern Missisippi. The location is at
Pine Burr, on the Columbia branch of the
Gulf & Ship Island railroad, and includes the
Pine Burr saw mill, which will enable the
company to begin active operations at once,