Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1889-12-07
ON A WINTER BASIS.
A Slight Lull in the Pittsburg Lum-
Der Trade Preparatory to
A GRAND SPURT NEXT SPRING.
Confidence in Natural Gas Shown by Many
New Companies Organizing.
INDUSTRIAL ACTIVITY IN TIE SOUTH

The local lumber trade seems to be firmly
established on q winter basis and is likely
to remain in a comatose condition until
after the holidays, or toward spring. The
bad condition of the country roads has also
served to lessen the demand. Dealers are
making no effort to push business this win
ter, but are looking ahead to next year
when great building boom is confidently
expected. Hence stocks have been per-
mitted to run down, and there is no dis
| position to replenish them at once. Prices are
unchanged, but rather weak.
The seasons business has been the heaviest
in the history of the lumber trade in Pittsburg,
amounting to between s5000,OO0 and Sc, 0OO 900.
Last year it was about S4,OOO,OOo. This city is
rapidly becoming one of the great lumber
marts of the country.
The Beaver Falls, College and Metamora
Street Railway Company, of Beaver Falls, has
made contract with the Thomson Houston
Company for the equipment Of their new cleo
trio road, which will be about four miles long.
| Mr.. ]. c. Whitla is President OF the company
The line will probably be in operation by next
spring.
Judging from the large number of natural
gas companies that are beng organized in
| different parts of the country, fears that the
supply will soon give out are not very wide
spread. The Princeton Gas and Mining Com
| pany has been incorporated at Princeton, KY,
to develop gas, oil and mineral lands; capital
stock, 81. 900 900; Hydrogen Fuel Gas Company,
Chicago, to manufacture devices for making
hydrogen gas for fuel; capital, 100000; Milton
Weston is one Of the incorporators; Indiana
Natural Gas and Oil Company, Chicago. capi-
tai, $1,000 900; the object is to pipe natural gas
from Indiana to Chicago; Helena Gas, Water
and Power Company, Helena, Ark; capital,
SIC, 900; to sink wells for oil, gas or water.
|
The Conmoner and GIGssDorker states that
the representatives of a cooperative concern
from Pittsburg, who were at Marion, Ind, a
few days ago, were well pleased with the
Kiley-Corbett syndicate site, west Of town.
| Free land and gas are offered, and the Pitts
| burg people have signihed their intention to
accept. If the deal goes through the company
will put up two fre-proof buildings. The line
of goods to be manufactured will be bottles.
There is great activity in the organization of
enterprises in the South. Florence, Ala, is in
the lead, with investments by Philadelphia
and New England capitalists, including
$500 900 cotton mill furnace to cost SOC, 600 to
| be built by Philadelphia men, and to be known
as the Philadelphia Furnace, and a $500, 900 loan
and banking company; while 81, 900, 900 in cash
has been invested in the stock and land of the
local improvement companies in Florence by
the same capitalists. In Florida contract has
been made for constructing 9O0mile canal, to
furnish a waterway nearly the entire length of
the State. At Bessemer, Ala, two new fur
/ IN IN he mi
Brierdeld, Ala, iron works are to be re-organ-
lied, with S500O00 Of bonds and 100000 Of pre-
ferred stock. At Rome, Ga, a Sl25, 900 furnace
is to be built. A steel-plate mill is to be built
in West Virginia, a 100000 clothing factory in
| Baltimore. and extensive fertilizer works in
Norfolk, Va
The utmost activity prevails in the mining
regions through Mercer and adjoining counties
in West Virginia, and more men are employed
than ever before. The total production of
coal in this basin is about 100, 900 tons per
month, Of which amount the Turkey Gap
mines get about Is 900 tons. About LOO coke
ovens are in operation and 200 more are build
ing, 100 of the number being erected by the
Powhattan Company. These latter will be
fired in about a week.
The organization of the North Carolina Steel
and Iron Company, at Salisbury, is announced
1t is said that the new company has a capital of
81 00O, 900, and will build Bessemer iron fur
mace of $50 tons daily capacity at Greensboro
TO be followed by the first Bessemer steel rail
mill in the South. a rolling mill, etc. Among
the incorporators of the company are George
s. Scott, of New York, President of the Rich
mond and Danv1lle Railroad; Julius A. Gray,
President of the Cape Fear and Yadkin Valley
Railroad Company: A. B. Andrews President
of the Western North Carolina Railroad, and
James B. Pace, President of the Planters Ma
tioual Bank. Richmond, Va.
The following mechanical patents have ex-
pired and may be appropriated by anyone 80
disposed: Manufacture of flexible gas tubing,
G. l. Burnham: kiln for making artificial stone,
D. M. Sprogle; lathe, 81. e. Nickerson; machine
for cutting nail plates. T. Searls; treating pc
troleum, E Schalk; plate and sheet guide for
rolling mills, J. Moore; saw table gauge, R. G.
Finn; shaft coupling, R. W. Benedict; stamping
sheet metal, L. W. Hamp; ash ejector for steam
engines, ]. P. Hunt.
The Southern Ltrn1bermdn rises to inquire:
''Why don't somebody establish chair factory
in the hardwood region of the South and make
chairs that will do to sit in? A large amount of
the lumber used in chair making is shipped
from the South and the finished chairs shipped
Dack. 10e 1EelRub DOLL ways II q large lb6m OF
cost and,the chairs sold by she retail furniture
stores are, to say the least, not very durable"
Prof. D. Mendeleef, in a communication |
from St Petersburg to Ludwig Mond, Esq,
past President Of the Society of Chemical In |
dustry, refutes the statement that the natural |
supply of crude oil in Baku is coming to an |
end, and that consequently lapse in the pro- |
duction Of Russian naphtha was to be expected. |
He states that these rumors are not at all new, |
as four years ago, even in Baku itself, they |
were current. Instead Of being on the decrease |
the communication states that the daily yield |
in Baku has increased from 13 SSS barrels in |
1882 to 81, ,3l2 barrels in 1888
1t is estimated that during the past year the |
Monongahela Valley has furnished LIS O00, 900 |
bushels of coal. Nine-tenths Of this was shipped
prior to May of this year. the remaining one
tenth, or 100000 bushels, represents the |
amount of coal mined from that time up to the |
present rise in the rivers. In other words, it |
represents the work of the Monongahela river |
miners for the past six months.