The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1874-02-25

point the fullest credit for It's apparent
advantages, the Company came TO the
conclusion, that for the purpose Of manu-.
featuring q quality Of iron suitable for
nails, Wheeling and vicinity combined
more and greater advantages than any
other point. Having thus Satisfied them.
selves upon this most important point,
the Company determined to build q fur.
mace which should be commensurate
with and evidence Of their faith in the
arithmetical result Of their investigation.
A site was purchased near the town oil
Benwood, and the erection Of the furnace
commenced In 1871, and 1t was put In
blast on the 9th day Of February, 1872,
and during q run which lasted until the
2lst Of March, 1873, when she was blown
out, yielded 1875 tons Of metal (226s
lbs to the toni. From the present blast,
commencing on the 10Th Of June, 1878,
until the Goth Of this February, 1874, the
product has been 1870 tons, 22es lbs
70 the tom. The largest yield in one day
was drawn Of on the 21st OF December,
1872, being slt tons, and the yield Tor the
month Of December, 1879, was z. 00s tons,
making daily average for the month Of
sixty.four and fourflEths tons. From first
to last the Furnace has been in blast 22
months and q days, and her total pro.
due! has been 3l,055 tons. The time OF
blast has been 600 days, and the entire
product gives an average daily product
Of 45i TONS but making proper deduc.
ton Of al least twenty-five days taken up
in repairs will give an actual daily aver
age Of 80 tons. OF the location and gen.
eral arrangement oil this Furnace such q
full description has already been given in
our columns that il is NOT necessary to
reiterate it at this time. The Furnace
property Of the company includes thirty
acres Of land and coal privilege Of about
100 acres also immense lodges Of lime
stone. Large additions in railway facil.
tiles for handling stock have been made
and the company have q locomotive en-
CINE Of their own. This engine alone has
effected q saving Of from eight TO ten
dollars per day in handling material.
The limestone from their own quarry Is
delivered into the bins at cost Of 4S cts
per ton; this, however, does not include
cost Of stripping, very large amount Of
which work has been done in excess ofcus.
rent need, for the purpose Of obtaining ma.
terial for filing up around the buildings
and for other purposes. With It's abundant
room and extensive facilities for storing
and handling immense supplies, the
Riverside Furnace is perhaps without q
rival, and certainly without superior, In
this country. The business Of the Com
pany in all lis departments gives employ.
ment to about five hundred and fifty per.
sons. In its organization the Riverside
Company is much like that Of the La
Belle, the general management OF It's
business being in the hands of q Board Of
Control, by whom is spportioned among
the different active members of the firm
certain allotted, duties. To ]. N. Vance
and j. D. Culbertson is assigned the
financial department to N. Wilkinson
that of general accounts and correspond.
encei TO o. Dewey the management Of
the nail and iron mills; to William L..
Herne and his son the supervision Of the
furnace interests. Between these mana
gers and the employees Of the Company
many evidences Of the most cordial re-
lstionship have from time 10 time been
given, some Of which have even attracted
the favorable criticism Of foreign psperS
The capital stock Of the Riverside Com
psny now represents something over one
million dollars,