New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-10-17
NOTES OFTHE EMPIRE STATE
FORTUNATE BIyGHAMTON INVESTORS
THE GREAT BOOM AT nURLEY-1nE NE" so'eo"-
HANNA BRIDGE.

THE GREAT BOOM AT nURLEf-'"h M"
HANNA BRIDGE.
p,xcu.,,roy Oct 16.-During the pas'
.sv.ra, we'll known Bingnamtoa capitalists nave
, s,, ar,icles Of Incorporation Of what Is to
$500. -. tho Rank of Hurley This bank IL on'rere"
"a ,oow.. President George A. Kent; V'ce-preS'"o"'
n A wilkinson; cashier Avery Crounso "''''~"'
c.sbier t. b. Lewis This movement was " a.,
N he known by but few. and those A"o"'"e
" r.r. uurev was or whether any OF the genie
ma, .bove named were TO leave tne Guy '
-, ,,,n M a 500 population, situated III As"'"""
', y,s at the extreme northeastern eornHr' "o"i
the Montreal River. which flows oet"ee" "'''n
v,.consiu for some miles. Eighteen '" -
mara n,t n nalf-dozcn habtaiiOhs "" nv
"o'o ~. ,ow, Canaan y. ID. Moore, who has been
n B,nghamton bnt VINO Is not "'ie'' NV" ,i 49,,
,s.ct,op discovered evidences OF ITO" o'o vi '"' 'Po
- ,,n,. ago He was not tho first, as one company
49,, x,e,ded considerable money 10 tnis SECTION 'h "a
u,il. effort TO mine the orc III paying qu"'os N"p
,, M,ore WAS confident, aud no inspreu WIN 'no s>o
-, Mr. J,hn T. B-rton. quito we'll known IN Bins-
,.n,ou but better In UTICA Bertou WHO WAS eno
-, for Wisconsin OF tho Equitable llie ASSURANCE
sc,ev resigned entered into tho scheme ana IS To-Day
rated at somefhing near million doIars "ncn 'no
idea Of mis- luck fairly dawned upon nun no seh' "o"
IN an amt. Mrs. Mary Cunningham res'uinR 81 MI
,wo, n " some twenty-five miles north of Bing-
,a,,,o, and sne yenturing sum OF money trebed IL
In a few months. Berton also let IN iriend' W.
seversou formerly of Binghamton. aud he is
III iay also wealthy having sold house, lot
store and goods and invested tie proceeds IN mining
stock which mas already treDled w Vaiue' oerr.soh
came auiety East ard let Few irienus ino ho stcrr
amons whom were clergymon tneologlcal student
ar,ymen and the sfnent each ma lie fortune
from the made al hat time IhrouSh b"t
tom Gaze rarhe, VINO came from Marathon, ". l., 10
rnnresrut the Equitable Life Assurance Society IN this
cty heart of the venture, resigned MS postoh shu
nm, bnt not IN the business aid claims today
To have made 100000 IN SIX months lie iivcs III me
Avery Crouusr at psept president OF the Young Mems
Christian Association Of ms city, ana OF the nrm o
spS' Inform NJ G. A. wilkinson and G. A. Kent. OF
The firms Of wilkinson 4 Eastwood and G. A. a.
.,Syesgntcd we're satisfied and invesng each
heavy sum came back Thcy Kept quiet. ana II, ! SIX
months mad treUled their money. Cronhse mas sue
been TO Hurley and has purchased Sixty Duiinx Io.s
Thesr gentlemen have 10 stock TO Unload ana TWO o,
Hurley rnry claim that the Veins OF IRON ora strucR are
from l75 200 feet WIDE of varyns thickness ana Out
few eet from the surface that 90 per cent OF tho ore
ia IRON with ouy about ISL 900 % per cent OF phos-
phorns Their dnd Is Bcssemer ore, and as about
600 900 tons impor ell annually 10 supply the ue-
rnand they prat to stop the Impor alton Inc LAKE
shore Road has nreaGy put ~ $500 900 ana shc
Wisconsin Central Road is building third
pushing TO SA @ as oo the
nrn OF Tuta. Ogleby Co. purchase all non ;nt Al %
miles an IL il expected that freight ratios will bo
About 1000 ions or ora from Hurley nave
been shipped since April %nd tne supp man
~ Z, p,n,Hantn" went 10 Hurley some tbs and
besides securing conslderAoe gu nt,.y " .no s.ooA
holds n rrspousble passion IN busDess mousse thoi1.
T. Il. Lewis, who Is well-Rnown III this CITY, was to-
merry je Weller In the employ OF f. d. NosDuy Co..
OF washington-st He Is another Oh many WIN nn,o
been secretly informed OF the great cna.ces AZ
sod uut ali he had and quietly went there Ho is To-
iay spoken OF "a wealthy IhH parties mentioned nave
kept their secret well, not twenty mrn im binemau, o"
hes,nrs knowing of their venture until yes
Ierday. .o.,.,t,, for tho
erection of bridge across the susquenanna near the
,,onh NJ the Cnena 20 the sisature tho sum
nam 81 Iheriu was S32 900 When tue bIis wrr" made
upon the plans proposed, all wers 81 muca ID e1eeSs vi
the stlpu aed SUN that IL was for time deemed In
nn. sbs 10 hud the bridge at least until inrhor ruu
cnuI he apuropr The Berlin Bridge Company were
the lowest bers, and were very "nxioh' 10 ecrn Wv.
contract OF tneir intention soon 10 %
branch works in this city, ana because t1es muoa
ur,sge IN thls Of the state when tn"y srenru
~ th,nk he building III this bridge would give IL was
therefore task for the commissioner, 10 n"o ",
them 10 accept the contract with some ntdnrhon oi
Fo-Ut ner cebt interest wers
ernr rnon the market 1t was expected that they
w,nlt moi 90 annve par, and tho commissioners camo
near accepn. the offer OF ashrewd blnghato
which was about 100. The COMM >sonerS inalIy urc
ed 10 sell by aucton however. an - tnrr Ero. ,h.
prise The bon- went at about ll67s puli into inc
hands of the commissioners sum equal m ro tn
fore So 800. this the c"mmissoners were informed
chose They have drcIdcd eKpend AT least parI
and have aireaiy "r ere "rxtrAs "hcn WIN So'e III
ryng M OF the risht aud left wings OF th' mort" a
preach, the grazing OF the streets. o.c, " :,
Thought that there VIII DO n, on plda9 .nS S
| ms, as these extras are really heeoed anu
| lie ne W brdge Will therefore cost prondoy not es'
than $35, 900 TIE entire WORK which dravsea Tow
tor :; u,ur IA being personally superintendent W
i,nmmIasionrr Finch. practical briiGe builder ana
uu,irr hs the WORK IL now golh2 on very as
s",ne OF he men are worked far into tho night, but nrs
nie all tins M III contract which was 10 DC com
| pef Ell by November Will not Dc through WIN "uen
before January l.