The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1872-04-24
Ghp9ntdIiqruttr:
WHEELING LAKE ERIE RAIL-
ROAD.
Preliminary Prospectus
l -nnnANlzArIoN, cArLrAl, SO.

lulnplUl WIS 'hA"''~N, -, ,y.t
Tihc State OF Ohio, in September, 81
Thrcapital stock has since been raise" u
<,OOOOOO, in shares Of so each ,,
Tho amount TO which the issue OF ifs'
mortgage bonds is limited, by the con
tract with Wilson u Co, OF New 10 OH,
for constructing and cQuippDs ile lIIIG n. y
sixteen thousand dollars per nue. Will. .In
amounts, in the aggregate assuming INK o IIie
Inc At two hundred miles, 10 S5'SOO,UoV'
"nc thOusand dollars per mile oil which
arc reserved by the company Tor coh'ln'
genCies.
u-uorTE AND TERMINAL CONNECTIONS;
Tho line commences at MGrtin's Ferry
noImont copnty, but il is proposed Il
carry il into Wheeling, West Va, us soon
ns nc bridge is completely, and will cx'
,cuj thence By a very direct route to San.
,lnsky on Lake Erie, $50 miles, and
thence to Toledo, As miles, connecting
several important towns and villages
with the great network Of railways center
inc in Sandusky and Toledo, and with
those COnverging in Wheeling.
nT.-POPULATIoN AND BUSINESS TNlir'
TARY TO TIE LINE.
WuEEIING Is q wealthy City,and has an
entire business and manufacturing popu'
ation of little less than 9l,OOO, and like
many western cities, is rapidly increasing.
1t is largely engaged in the smelling and
manufacture of iron and the manufacture
Of glass and other articles, and with her
qlpcrior facilities now rivals Pittsburgh
the birmingham OF America, in these
branches of industry. In the immediate
vicinity of Wheeling, on either side oil
the Ohio river, is an additional population
Of 5000 similarly employed. 1t is esti.
mated that her furnaces, rolling mills,
iouudries and glass houses consume and
pse annually $4,000 tons Of pig iron,
10000 tons Of coal, l0,00Otons OF sand,
10000 tons Of ore mostly Lake SUPERIOR,
5000 tons of ash 12j tons Of straw, go.
no tons of limestone, 100000 nail kegs
and 100000 boxes Tor glass packages.
That, besides the nails and glass for the
boxes before named, she produces 10000
tons OF pig metal, l 800 tons Of sheet iron,
5000 tons Of spikes, 1000 tons Of rail.
road iron and 5000 tons Of foundry work,
and is largely engaged IN other manutac'
lures.
SANDusKY has II population Of $4,000,
and enjoys large lumber and growing
lake trade, with fine harbor, superior To
most other cities on the Lake. It's ship.
ping interests and trade are now large
and promise 10 become immense. Its per
cent Of increase in population in the last
ten years has been much greater than
TIM, Of Cincinnati, and greater than the
average increase Of the siXty.scven lead.
ins cities and villages in Ohio. Its lum.
her, lime, fish and grape are amongst the
most important items Of its trade and
industries.
TOLEDO is situated ut the extreme
western end Of Lake Erie, and, like Chi.
cago, hNs IN immense grain trade drawn
10 it by the numerous lines of railways
mlialing from it in all directions West,
Northwest, Northeast, South and South.
west. lis receipts Of wheat, corn aud
mtS, in less than one year IN 1869, were
l?,Gll 900 bushels and its shipments
about the same. Its lumber trade was
l9j,OOOOOO feet; the value OF its imports
was $li9,4j2, $50 and its exports $l97,.
Sl4,Sil. 1t contains II population OF
3l,jSi; having increased 1876 per cent in
tue last ten years; u much larger per cent
than any other city in Ohio, greater than
New York and st. Louis, and cqualed by
lew cities in the United States. 1t is one
Of the most enterprising and, Tor its mum.
hers, one OF the richest cities in the West.
There are some eighteen towns lmme-
'lialrly on the line between Wheeling and
Sandnsky, ranging in population IRON
!OO to jOOO, averaging town OF 720 pop.
uiatiOn TO every eight miles Of road. Be.
sides these there are several other smaller
towns and centres OF business, and the sur.
rounding country is well settled with IN
Industrious, wealthy md well.to-lO pop.
uIaton The statements OF population are
taken from the Census from June, 1870
and in most casCs-CspcciNlly in cities and
villages be population hls largely in,
creased since then. The tier of counties
through which the line will pass contains,
without reference 10 Wheeling, some liz, :.
MO inhabitants, who are Justly reputed to
tie equal in productive industry to four
times That number in the more Southern
States.
N'-ChARTEE, VALUE, &C, OF real. AND
PERSONAL PROPERTY.
These counties are amongst the richest
IN Tue State Of Ohio in their agricultural,
horticultural ind mineral resources,
Eight Of them are amongst the fifteen
counties producing the largest yield OF
Ha's IN the State in 1865. -Four amongst
Tue ten producing most barley. Six Of
Tie twenty producing most hay; five Of
The fourteen producing most coal; five Of
tho fifteen producing considerably more
than one.third OF the whole wheat Cron
of the State in 1860.
The value Of their real and personal
property for taxation purposes, according
10 the official Ohio statistics of 1870, was
TG0,'29, IA, which now may be Gstima.
ted at $lS5OOO,OO0, The product of wheat
that year was 4,i23,35S bushels, Of rye
i5lt3ll; Of buCkwheat 1901; of oats /,
slO0OO OF barley 4lG0OO; Of Indian corn
',S@1OOO; Of potatoes So 900, making a
!o'Gi OF grain and potatoes Of u OG5 900
bushels, valued ut $lSOO0,0OO. The pro,
WuCt OF butter Tor the same wear was T.,
'lo,VoO pounds; cheese Abb, 900; maple
sugar 6G0,UOO; grapes 2,lG7 900; sorghum
iNoIaSSes l9O,0OO gallons; maple 81 600
NWnpt a