Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1880-02-06
DUR From sntercss.

Our readers. who have heard mucl Of the
Iron boom of this section. would, wo doubt
not like to know exactly what is going 90. We
can tell thcn that mere il doing than they
| have any idea Of, and that great results may
Confidently be expected. A veiy largo amount
OF capital has already been Invested and 1auch
moro is ready to c>me Penrsyvanians have
caught the Virginia fever, and ION 10 the
James is now the cry
Extensive purchases have been made by tbs
| Edgar Thompson Steel Works of Pittsburr, at
Greenway. on the river below Lynohbure; and
they haVo eLt:red into contracts for very
large quantity OF ore, to b. delivered at their
works. Mr. Anderson Canagic, member of
this wealthy c,rc,ru, was hcre few deys apo.
examining the mines with the view CT making
iurther purchases.
Mr. Dlnlap and his associates havs bought
tho Staplcton Mills property; the Maud"
mine, and a number OF o!hcr noighbo,iog iron
properties. They arc mining quito extensively
and shipping to the Edgar THOMPSON Co., via
the canal and the Virginia Midland Railroad.
| Thor contract, wo believe, c vers tGo OF thrco
hundred thousand tons.
Gen. Grutb Ct PeDDsy ylvlLia, has 1utchesed
halt interest in ho Munford Iron Works OF
Ibis cIt5; and also some va!usblo properties bc.
low lIYnchhurg, Tor which hc is to pay about
800 600.
Mr. Fol ;, representing limsef and other
lennsy,varlans, has purchased $4,000 acres OF
mioeral land near Buchanan, for which they
pnld Sl25 600. aboundIng 10 the richest spccu
lar ore, Whloh they will mno on an extensive
scale Tor shipment, end orc already at work.
They vi build a railroad Of about mile
AID half in length from tho mines to tho
canal.
Mr. Jesse Adams, the well kroRn contractor
md others have leased ono or two mines at
Groenway, and are mining and shippog LARGELY,
The RoIilng Mills four miles above the city
1t is known baVe passed into be bands of Joint
stock PonnsyIVania company, with General
llortranft as President and Mr.. Poole IS Vice
President, OF COST Of about 800 900, and they
have put them 10 through repair. and in few
day will commerc, work filling heavy c,utraots
for steel rails and spikes They have also
| leased 10 Franklin county and on tho James
river large bodies of ore lands from which they
will draw their raw metal.
several parties, reprosentirg large capital
have also bought or GRO negotiating for valuable
properties on the river, tho particulars of which
We are not able 10 give to day, which will prob
ably aggregate more than quarter Of million
OF dollars These parties have already paid
ont many thousands Of dollars on their con
tracts. Tha e lcbrated MAYORS, cf Boston, are
believed 10 be Interested in these purchases.
Messrs. Farley Il Read, Ct Pennsylvania, ar4
| working scvera! mines below the city, aud havj
large contracts for ore.
Mr. II. +. Mason, superintendent, ia shipping
aome 900 or 200 tons OF ORC per month from
Plti6viIlc, PiitsglVapia county, to the Pcnusyl-
VaUla S!ocl Comra5Y. These ara Betscmsr
| ores, yielding about GO per ceu. OF mc:ai.
Tho Arcadia lioa Works Company. i: j.
aald Lave cutcred ia,o a cjGtrucl wia Mcss:s
! Station l. SOP, ct Buchanan, ior the jcscry
OF 900 tons Ct ore 90 The oiuai. 20 be !rcus
ported North, wtinh viii :upp ,uure than 3
| year.
ia this c1uGly, Oh Iho iinc OF ,ho Virginia
AidIGud :aiold, elgn'e91 miles irom l.yJot
| Eufg, 'Xtcuelse deposits ct nangaursc have
| beca d'S;0V'ret, whleh are DOW beiug opefB-
! ted Dy TIC AltGirj. RatCrtsCD OF this cry, who
! haVo been pioneers 10 working up tie irou ir-
telrsIs Of .hia secioo.
10 this llat Of operaliyGs aud operators
o,hcfs c9uIa bo added, hu5 tor ths present. We
| iOitear.
! As al eslierce OF the rapid iocrcssc i. prices
OF min, raj IAu1S Of hi SECTION VS. give the t1l-
/! loving lOstoucu2, amoug lGany pthcTa that could
| bc mcDtioued:
Ooe plcco Vi properly recently sold ser $500
aud before tho decd was * .cutcd was Icsc'd
| fGr 1000
| huosher property sold for $4,000 which c
lew months ego c0ud have been bougb: f0r
ona third the mouey
Another sold for $50 900 which tue past year
changed hands at $G 900.
Another sold for $4,000 for which the oTper
paid $3.50; it could not be bought now for
$25. 900.
These facts aud figures could be extended into
much Longer Iist, but these SIMPLE cases will
show that the boom" isa tangible fact. Other
portions OF the State will feel an interest 10 these
Developments; for ell portions of Virginis must,
to greater or less extent, share in the bene6
which they inpsrf.
The negotiations which have been made OF
which sre DOW pending and soon to be ooEsum
mated, will, we arc crcditsbly informed. aggre-
gate the sum Of one million doars
The only tbiog to be regretted 10 connection
with tho matter is that these ores are being
shipped away, instead Of being worked at homo
Virginia would then derive the whole bene6! o
tho operations. But that time will come Fur
ntc,s will inevitably be built, and then tie via
ter of cur discomfort will bo made glorious
summer.-LyachJurg Nrgtnian.
|
HaS NOTWITHSTANDING tho very great ed
vance in The price of leather and cost Of Boot
and Shoes, we will soil our entro stock of Fal
and Winter BOOTS and SHOES at small ad
vance over cost. in order TO reduce our stock
All in want will ssvo money by calling on II
before purchasing We hsvo large stock 0
Ladies' and Gentlemon's Fine Boots and Shoes
which cannot be surpassed in style, dursbilit
and price.
feb w B. WADDBY, 10 King st