The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1889-01-29
The MOnOngahela River Railroad
From FairmOnt Far Into
the Interior
TO Be BUILT IMMEDIATELY.
A Coal and Coke Region Larger
Than the Pittsburgh and
COnnellsVille Fields
To be Opened up Without Delay-The
Money Secured and the Work to
Commence at Once-ImpOrt,
ant Connection With
Wheeling.

BALTIMORE, Jan. 2S.-Ex- United States
Senator Camden, Of West Virginia, has
Just completed the formation Of two com.
panies to further develop the coal fields
ofWest Virginia, One Is the Mononga.
hela Railroad Company, and the other
the Upper Monougahela Coal and Coke
Company. The capital stock Of two mil.
lion dollars has been all subscribed, and
will not be put upon the market, Traffic
arrangements have been made with the
Baltimore and Ohio, which 1t Is ex-
pected will prove OF mutual benefit.
Senator Camden has been in this city
frequently for q month, and last night
announced his plans. In connection
with several friends he has formed two
syndicates, one TO build n railroad, and
the other to form coal and coke COM
pany. The railroad has been inCorpo.
rated under the general laws OF West
Virginia, and will extend along the
banks OF the Monongahela river from
Fairmont to Clarksburg, q distance OF
thirty.seven miles,
Senator Camden has been able TO
make very satisfactory terms with the
present management OF the Baltimore
and Ohio Railroad Company In the mat
ter Of traffic arrangements, and was very
much encouraged by President Mayer
aud his colleagues OF the board OF direc-
tors when he made known his plans. The
new railroad will, by the system Of rail.
roads now operated and controlled by
Senator Camden, be able to reach every
point Of Importance in that part Of West
Virginia.
A RICH COUNTRY.
With the railroad, which is known as
the Monongahela River Railroad, he has
formed the Upper Monongahela Coal
aud Coke Company. The property in
cludes fifty thousand acres OF coal area,
along which nine.foot vein OF tho cell
ebrated Pittsburgh coke and gas coal
crops out along the surface, and entirely
above the water level. It follows the
line OF the railroad, and is in a fertile
and thickly settled part Of the State, the
surface Of which is OF limestone iorma-
tion, and famous for its blue grass fields.
The region is continuation OF the Pitts
burgh coal deposit ut its widest part,
ana constitutes the great coke seam Of
the United States, but in this part Of
West Virginia attains It's best develop
ment.
The new railroad will connect with the
Parkersburg and the Wheeling branches
OF the B. & o., and enable the coke and
coal to find a market at Cincinnati, Indi.
annapolis and st. Louis, and the points
west to st. Louis in the southwest, and
Chicago and the lakes on the northwest.
AZ GREAT SYNDICATE.
The new coal will not compete with
the deposits OF the Georges creek region
where the Consolidation and other COM
panies are located, nor with the Elk
Garden where the West Virginia Cen
trail Is interested, because unlike them It
Is gas and Coak.making coal. The road
Is expected TO make the greatest local
feeder OF the d. 4 o. for the West.
Senator Camden is the principal Of the
syndicate which raised the money. The
railroad will be q standard gauge, and
built OF sixty.seyen pound steel rails.
Along the line the coal and coke com.
pany will build 500 coke ovens. All Of
the money, about 100000, has been
raised, and the road has been bonded for
$4,000 mile, The bonds, which pay
Ave per cent, arc for thirty years and
have all been sold, and the road will not
como on the market for subscribers. The
road will lreach Weston and Buckhannon,
and II is contemplated to extend 1t as far
as Braxton Court House, on the Elk
river, making a system Of roads which
will reach every important point drained
by the Upper Monongahela.
NEW COAL FIELDS.
Tho coal fields opened up by this new
enterprise will bc almost as large as the
combined region Of Connellsvllle and
Pittsburgh. The vein has been
opened on every farm along the whole
line OF the projected road. II possesses
the advantages Of being near many Of
the most important markets for coal and
coke.
The capitals Of the two companies arc
OF course separate. The Mercantile Trust
Company Of Baltimore Ia tho trustees
Tor tie bonds OF the railroad. Senator
Camden. will be President Of both com.
panies. Tho Montana Company now
has 15O coke ovens In operation at Fair:
mont, w. Va, which were operated
during the past year, and the coke hata
found ready sale In composition With
the Connellsyllle coke. Taken alto.
gether, this seems 10 he the beginning ol
q great enterprise, which will attract az
tention and capital 10 West Vlrglnia'i
great mineral resources.
The Baltimore 4 Ohio management, ID
70 be congratulated In securing ,tht
friendly cooperation In this, as well ai
other interests In which Senator Cam
den ID interested in West Virginia In
such a manner as 10 DO mutually bene'
| Hrial. and which will also lnufe TO the