Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1866-08-10

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of ths Spartan Club, Huntingdon.
Umpire-T. c. Fisher, of the Social, Hunt
ingdon.
Soorers-W. A. Nicodsmus, Resolute; Cru
ct, Spartan.
ROLLING MuL.-He is said to be a public
benefactor who makes two blades Of grass to
grow where only one grew before. That this
great fact is true in the useful industrial arts,
as well as in agricultural eeonemys appears
self evident. Hence, where single man or
company Of men, by the judicious applica-
! tion of capital and labor, produce or increase
the production of materials required in the
section of country in which their enterprise
may be located, they are not only bsneftting
that region specially, but are contributing to
the aggregate industry and wealth of the
whole country.
The benefits of such an enterprise will be
more fully appreciated wheE it is known that
the produced article is manufactured from
materials native to the section embraced in
the operations. 1t is true that parties enter
ing on such an enterprise expect from the
general benefits conferred by it to realize, By
careful and economical management, liberal
return on their investment.
Appreciating the above facts, few gentle
men have united to canvas portions OF the
| counties Of Huntingdon, Bedford, Fulton,
Blair and Somerset TO solicit subscriptions of
Stock for the purpose of erecting merchant
bar Rolling Mill at the town of Hopewell or
Saxton, or such other point as a majority of
the Stockholders may deem most eligible.
| Il is proposed TO issue 700 shares of Stock
! Of 500 each, making the capital S70,0
IT ia not intended to begin operations until
of the mill, but also its general capacity, end
cost, for which purp ose, it is proposed that
after organization the Stockholders appoint q
com mittee to report on the most economical
machinery, its cost, capacity, expense Of
working, and estimated revenue, with other
matters pertinent to the enterprise after
| which the stock will be called in to meet the
| expenses Of the work as they accrue, The
mills intended to roll ordinary bar iron for
general country use, givin special attention
to the scantling of iron required by the coal
operators in the Broad Top Coal Region. It
is not designed to antici pate the report of
the committee to be appoi nted by the Stock
holders, but to briefly advert to the tact of
the general prosperity of the rolling mills of
the country One instance, well authentica-
ted may be adduced-a rolling mill and nail
manufacturing company in a small town, real
lied during the past year, net profit of s4l,-
00O on an investment in machinery and mill
of about $4,000. II is reasonably claimed
for the present enterprise that it can Obtain
portion of its supply of pig iron from the
Hopewell Furnace and the balance from
furnaces in the district embraced in its oper-
atoms. Hence ifa liberal profit can be made,
say at Pittsburgh, by manufacturing bars
from pig iron, large portion of which is
procured from furnaces in the Juniata dis
triet, much larger profit should be realized
by the manufacture of iron bars in the vicin-
ity where the pig iron is produced, as the
freight of the pig iron to Pittsburgh and the
return freight on manufactured bars is saved,
thus
Freight on IA tons Of pig ircn TO Pitts
burgh TO make one ton Of Mer-
chant bar $500
Freight on / ton Of Merchant bar
from Pittsburgh to Broad Top $1,000
Total freight and expenses SOS.
Estimating $40 to cover all freight cH8rges
on pig metal 20 and manufactured bar from
the proposed works, it shows a saving of
$500 per ton on manufactured iron. The
demand for iron in the Broad Top Coal region
is estimated at 1000 tons per year, which at
the mere saving in freight of SIS per ton
viii give $4,000.
Ii may be claimed that in Pihsbargh and
other manufacturing towns skilled labor is
easily procured-this it is believed viii be
fully compensated by the advantages offered
to such workmen by cheap rents in country
location. When ii is considered that the
Broad Top region abounds in all the elements
required for the suecessfal manufacture Of
iron-excellent coal coke and It's justly cele-
brated Juniata pig iron TO work ON, the success
of such an enterprise can scarcely be doubted.
1t is confidently believed that The quality Of
iron manufactured win not, with ordinary
care and skin, be inferior to any in the coun-
try IL can therefore be offered in market
with full reliance that it win give the purcha-
ser entire satisfaction andthus secure . per.
manent demand. Should the new Tariff Bill,
as recently passed by large majority In the
popular House of Congress, become a Law, Ii
would undoubtedly stimulate and foster this
great branch Of the National industry, and
give more than full work to all the rolling
mills in the country to supply the bone de-
mand-
Believing the statements thns submitted to
be substantially corzects they respectfully and
earnestly invite the Sp-operation Of their
fellow citizens in establishing the proposed