The daily state chronicle. [volume] (Raleigh, N.C.) 188?-1891, 1890-10-04

Rumors and Reports of Mighty Doings
IA New Railroad in Prospect for
Stokes COunty--Which Will Open up
Immense Iron Fields.

eesA NEW nAIlTOdO III TTOSpcCt loI
Stokes County--Which Will Open up
Immense Iron Fields.
Especial Cor. STATE CHRoNICLE.)
WINSTON, N. c., Oct. 3.-There is con-
siderable excitement over the purchasing
of several iron properties in Stokes coun-
ty the past few weeks by parties who, it
is said, represent large English syndi-
Gates.
Last Friday one of the parties that
had contracted for $4,000 purchase
was heard to say that a railroad would
soon run through Danbury and develop
that iron section Of the county. To day
it was learned from parties from that
place that this was certainty. Dan
bury will surely get railroad but from
which direction and built by whom it is
not yet exactly known. It is intimated
that the Roanoke & Southern may build
it from Walnut Cove, but it is also in
timated that the Danville & East Ten
nessee line is doing large buying of min
eral lands up there and will surely run
from Danville to Bristol through the
northern portion of the county. Some
say that the @. F. & Y. V. will construct
it in order to have another iron works to
haul coal. ALI these are mere theories
But two things are certain. The first is
that Stokes county will have another
railroad at an early date, and the second
is that there will be some large mines of
iron ore developed in that county.
1t is rumored that the Roanoke
and Southern road will go into CO part
nership with the Philadelphia capitalists
in the building of the iron and steel
works here. The woods is full of rumors
and there is no telling what the next
year will bring forth.
*x*
Mr.. Pepper, the editor of the Danbury
Reporter and Post is evidently coming
the filthy lucre' up in the northern end
of the county. he has, in company with
others, already sold $4,000 worth OF
mineral lands and is engaged in con,
frming trade with another comp~ny
that will bring in $87, 500. North Car
olina can some day boast of wealthy
newspaper man-about the time Ram.
khatte has metropolitan museum.
This has been another busy month
with the manufacturers of this city
They only lacked a few thousand to have
shipped last month million pounds o1
plug. 1t is thought that the coming
year the sales in leaf and plug will sur.
pass those of any other market in the
land.
Winston's board of school commits
sioners have made another valuable ad
dition to the faculty of the graded
school Miss Anna r. Neal, of Marion
a young lady Of rare attainments, wh'
has for the past year or so been princi
pal of the Virginia Dare Institute a
Concord, has been elected to the posi-
tion of teacher in cur city schools. Sh
is a graduate Of Greensboro Female Col
lege, receiving the valedictory in tn
largest class that has ever graduate'
there.
The work has commenced on the foun
dation of the new 100000 hotel to b
built by the West End Hotel and Ian
Company in the Western suburbs of th
city. Fourth street is being straight
ened and prepared for the extension G
the electric street car line to the fror
of the hotel. The iron has been ordere
to lay the track.
Col. A. G. Davis informed your CO.
respondent yesterday that the openin
this year of the Davis Military Scho'
was far better than any previous openin
in the history of the school.
*x*
, Two cars of the East bound r. and I
, passenger train yesterday ran off of tt
track as they were passing across an ope
switch. No damage was done.
~
Lieut.. Gov. Thos. NJ Holt is in tt
city to-day prospecting. he thinks
investing here, so I learn.
*
Maj VIM. A. Hearne and wife a
0 spending while in Salem.
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