The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1877-12-01
AETSASlLLE.
Her Manufacturing Interfsts-Ad-
vantaecs and fa' 'iliiies tor
Making aud Shipping
lrnn ErnIUcls.

The Aetna I-on and Nail Company was
organized in 1878. The company 1T once
purchased l40 acres OF land, Just north OF
tho corporation line, from the Wheeling
ard Belmont Mining and Wine Associs-
.icr, and erected thereon, one Of the most
cCmmodious and complete rolling mills
in The Country. 1t contains II pudding
furnaces, scrap furnaces and l Tram OF
muck rolls, = trans OF sheet rolls, /
eighteen. inch bar train, nlne-inch
guide mill, heating furnaces snd 2
annealing furnaces. Two powerful
engires sre required to run the heavy
muckway.
The mill started iato business at the
very worst time for any ADDITION to the
already overdone iron business the fall
of 1873 Only the most favorable con-
ditioLs, backed by heavy capital and
aided by first class business tslent IN the
management, could save such an enter
prise from disastrous failure, At such y
time, when many cid established works
were tot,ering 20 their tall. ct the
Aelha mill with Il very few briel stop
pages, has run steadily on, successfully
ma; Antiag her products aod distributing
regularly large sums through the COM
n!uaitv on her pay days. Some OF the
favorable conditions which have enabled
hor to DO this, are cheap fuel, excellent
shipping facilities for getting the raw ms-
;crial and delivering the manufactured
product, good location; low rate "i tax
ation; and last, out not least, brains IN
the nsuaremcnt One great advantage
N shipping is, that having II good wharf
un the river, tire railroad transportation
IS brought into competition win cheap
wa.r. transportation. ana bo!n oiier very
low intr-. The l.cation IS u very tav0r-
able cro in many respects. Among
Other advantages the company owns
and ref [. il uumtcr OF dwellings TO lis
emp!oves, while - others, steady and
corretent wUrkmeD, lots are sold ana
encouragement given ior them TO b'ii.d
houses Tor themselves. un1er lhe NH
land of tie company lies an excellent
vein o! coal which they mine @hcaply aud
run by railway directly into the mill
Evcry convenience for handling mato.
,isls is provided for, especially IN
tho wgy Ot narrow-gauge tramwsyS
running through the mill, and IRON
The mill into the extension Warehouse
.djn.r.ac. The prcduct ot the mill Is
mostly tar ard sheet iron Ol all ordinary
k.ri. and numbers, although few smal!
rails are .u!ned out. The average an
null pra+ucticn IL about 5000 tons.
Since July last, however, the mill has
been pushed in filing orders, ard At the
rate i. mas been running, would turn out
10 GOO tons annually Tac capital stock Is
ncarIy all paid up--$2C0,0OOO. AS mat
ter OF course, no one expects dividends
rom ironUo orks IN these times, and that the
mill has been running, paying lis e&pens-
"a and showing u surplus OF nearly sZo,-
UGO ls sufficiently encouraging. AT the
mead ot the management is w. w. Noll-
wav whose executive ability was demon
strstcd in the position OF Nlco fre'ldchl
of the Z. y ?. Il. K, under whose
management the stock went up from 10
and 70 cents ca the dollar, to par.
The Secretary OF tho company
"a Mr.. w. n. Tallman, q gentleman
by thorough education and unusual
skiu IN financial management. lie does
no, conflne himself TO the details OF book
keeplpl, ana Office work, but investigates
the m,nu,l,e Of the whole business, ana
| has. with another member OF the hrm,
patented valuable invention Tor I'M
proving the quality OF iron made from
| old rails. which is now in use III the mill
To show tie estimate that the com
panv place on his work, 1t Is only neces-
! sarv to state that few months age,
when il WAS probable that his services
would be demanded elsewhere, he was
riven AZ increase IN salary OF SoVo per
aunum.
Mr.. Lewis Jones. tie general manager
! is SAID to be all exceedingly cspabie man.
and knows how to select his assistants
ard subordinates and to turn out good
! quality OF iron. .,.
The town Of .E:nsville, which Is within
the Bridgeport corporation, Is maze
IN almost entirely OF mill men and
| their families. Ono os the most tavora'
! bio features of any manufacturing com
! muui,y. confidence between employers
and employee, j. here manifested III an
anusn! degree. Freedom from strikes
and exemption from tie eV'is attendant
thereon is thus secured.
The sslas Of the mill products sFe
made in distant markets, and IN direct
competition with home mills IN those
! markets. 81. Louis and other " esteru
clt,ss send IN their orders. and number
@. orders from San Francisco have been
satisfactorily died. Tie reputation OF
the mill Is now we'll establishes. aud 1t Is
hoped that with the revival OF tlsde, 1t
may prove paying investment to the
stockholders