Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1862-05-23

A RoLLua llItL 70 IN BUrtF N 0Luvn
EAED.-The spirit Of enterprise which We
at one time the boast Of our beautiful city
but which the panic Of 1857 crushed sn'
ths robeIlicn threatened 70 keep down, I
again rosrinE ito bead and manifeStinl
sie, fef recuPerstion. Business has beel
gradually building up in the city and il
immediate vicinity for some months, enc
We are now able 70 nOts several enterprises
new TO this locality which hsvO been Osta6-
lished within year and are proving uner'
pootsdly successful. In addition 70 this
many Of ths cid establishes Manufacturer
have vastly enlarged their facilities to meel
the demands Of q growing trade, and 30 far
e. We can learn, the result hes justified
their course. No one visiting our city three
years ago would fan 70 realize nov thstii
has rsosiVod large material growth, MOI
could thSy avoid the conclusion that the
PrOspoeiof q steady march in prosperity iS
mos. astlsrins.
In no branch Of manufacture, however,
has want been more deeply felt here than
in thai Of iron, and there can be no
doubt that this dssideratun would have
BEEN long since supplied had not the hold
eTs Of property most desirable for such pur-
poses repulsed By their enormous figures
every attempt that has been made in that
direction. But this obstacle, We are happy
TO note, has been at last surmOunted by q
company Of gentlemen who will be recog-
nized &c among the most practical, enter
priEings and thorough busineas men Of
Cleveland. We speak Of Messrs. Bingham,
Worthing.7n and Collins, who have sssocia-
ted themselves together as the Cleveland
Iron end Nail Company" and have COM
mensed the preparation of the ground for
the erection Of Rolling Mil.
The ground selected for the Mill ia three
acres Of that portion of the Scranton & Aver
i'll properly lying between the railroad
tracks and the river east and west, and por-
ton Of the Mahoning railroad track and the
Heights north and south-the land pur-
chased BY the Company bordering upon the
river. A considerable portion Of it ia now
swamp, the water lying upon il foot deep.
This is being drained, and the Company in
tend TO fill in to 3 level with the railroad
tracks, now raised about Eve feet above the
level Of the surrounding ground. This win
involve atsthe outset considerable outlay.
Two roads viii be built from the Mill, one
to Seneca street and the other to the MahO-
ming depot, and in the course Of year the
Company, in conjunction with the Maho-
ming Railroad Company, will build another
bridge in place Of the one now used by the
railroad, which ahsll serve the purposes Of
both. A substantial dock, fronting their en-
tire Works, will also be erected by the Com
pany, 50 that their iron may be conveyed 10
their doors.
The Company go into this work with
capital Of $1OO, 900, and it is their purpose to
make their establishment, if money viii Sc
cure it, equal ifnOt superior to any Of sim
ilar nature in the West. The erection Of the
Works is under the supervision Of Mr.. Col
Inns, practical iron manufacturer oftWenty
years experience, and for several years pre-
Vious to February last Superintendent Of
the Iron Foundry in this city. It is the in
tentlon 70 be in operation By The first Of De-
cember next. The company win manufsc-
ture its own brick, and are now preparing
g yard for that purpose. Temporary black
smith and mschine shopBare also in couvseof
construction for TIE manufacture Of pOr-
ton Of the machinery thsy shall use. All
their machinery will be builtin this city,
and has been contracted for. The Guyahoga
Works build a large high-pressure vertical
s6xS6 engine. All the castings will be nade
BY s. II. Carpenter & Co. The bOilers-eight
OF ten in number-wiH be built by E. Good
ing 4 Co. The msiu building Of their
works will be 100 By 200 feet, Of brick, iron
rooted. There will be 8 Nail Factory at
tsehed, also of brick, and probably 40 by
loo feet. In another year they design, if it
shall seem 10 be demanded, 10 erect on the
S>ne site Blast Furnace. They will de-
vote themselves to the manufacture ofnsils'
spikes, ritSets, sheet iron, and merchant bar
iron. asf oaI Il
We hail with PsCnliar pleasure this long
needed and important sdditiOn TO our city's
industry, and in the hands of the gentlemen
who constitute this company, cannot doubt
of ia eminent srccasa