Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1890-08-18


HON JNo. g BARBOUR, ....... tiexan|:;a, Va
S. W. NENABLE, petersburg, ~.
j. w. PERhf Norlol", Va
GEO. a. MUsHBACH, ..............A le-sndria, Va.
LINDEN KEST, ..................W ashlngton, D. ".
JNO. Moo UAIDE, Staunton, Ye
G. NJ YUar Stlunton, Va
PROSPECTUS.
TIE ALLEGHANY MINING AND DE-
VELOPMENT COMPANY at Low Moor,
Va. will be organized undsr tina laws CT
Virginia, With ample powers to carry into
etflct the obi acta of the management.
ITS PROPERTY.
1t controls, By purchase, over 500 acres Ct
land situated in Allegheny county. Virginia,
adjoining the properties of the Low
Iron Company. the Douthatt SaIvey, the
Chesapeake & Ohio Railway, and within
few miles of Lopgdale Furnace, and lies In
the centre Of the great iron ore district
which has made that immediate section
prominent in the estimation Of mineral men.
Its grounds are advantsgeousIy located for
improvements, such as are contemplated
They embrace about ITO acres OF beautiful
and fertile river bottom 200 ceres of table
land, risipg gradually towards the hills in
the back ground, and about 2G0 acres OF fine
timber land. much of 1t under laid with the
best of brown hematite iron ore, easily
mined aud convenient to The railroad, with
market ca the ground.
ITS IMPROVEMENTS.
There ls on the property, located ON 8
commanding emiuence. large residence
building, containing fourteen rooms, and
| mpeted within the past year or two at q
cost of from $1,000 to $1,000. There are q
number of tenement houses, aud O we'll
patronzsd store stand, Immediately 90 the
| railway ard few steps from the depot at
LoX Moor Furnace. The railroad passes
through the the entire breadth of the prop
erty, dividing the bottoa from the table
lands. The bottom and table grounds are
eligiby located for residences, business and
industrial sites.
JACKSON RIVER
winds around the entire norih.cas orn limits Of
the tract Offering exceptional locations for
the rieer to tho foothills, giving the best OF
drainage for almost every foot OF the property,
and presenting picturesque and attractive scene,
unsurpassed in the South.
BEAUTIFUL LAKE
OF pure water, about three-fourths OF a mile long
and several hundred feet wide, is an additional
attraction, where fishing and boating could be in
dulse1 in by those who appreciate that kind of re-
creation AID amusement.
MEDICINAL WATERS.
There are on tle property freestone, limestone.
chaly beate and alum waters tho first three being
easily piped to the r. siderce bnildng and the lat
ter ooz 5 through the immense mountain of alum
shsle into w lis or oOls OIL the brink Of the lake
OTHER VALUES.
It Is estimated tha5 thers is from $50 600 TO
$40, 600 worth Of splendid timber OF the prem.
ises suit BILE for building purposes and convent
cit to a saw-mil on the ground.
The iron deposits consist of two vcirs of
brown hemslite lower and UPPER. The surface
indica ions OF the former 90 not encourage the
opinoD thas il is Of much merchantabls value al
III ugh this cond ton nj eh. be Oh ged By proper
exam nation. he latter ID believed By experts to
be leo feet wide, runs through the properly for
mile and h,li, ssd ju iglug rom the tests made
on the ad dining property OF the Low Moor ON
psny, is over 100 feet thick 1t would c3meuI-
der the es to to state tn.ti5 coufsins mtiiio
tlns Of orr, wii n. III % coats rcyrtv per zoo
wauld siei so tbs c npiny n revepu5 OF $3.50
coo; = W rtet Y me company 4rtud DrUsl
worth nor less taan $ 100000. Arays,s of his
vein OF Gre sh w metal iron IA gin r. III Il
ta 63 per cent. ard pho1phor-s l.63 o ! so
ITS UgaoUNDiNGS
TIE entire property IS bouauei on either side
nv h ho; ice- OF the Low Moor sid hesspoake
tS Dn!o R.il~ay Companies ana III Douthstt sur
vty a valusb.e mlr6rsi AID tmte. property
wnere he month pay rolls will re Gu % fir III
S25 600 81 $500 0 Within radius of Eve
miles there is paid to labor empl yed in industries
not less tnat $1,000 month. yte invc tments
within tho limits named resch to from 81 90 600
TO 100000. 1t lies in the midst OF one of he
richest mineral regions on the continent, which is
in the infancy OF i Development, and to which
tapitti snh ENTERPRISE from every pSrt the coua-
try are now locking. The famous Rirh Patch iron
district is contiguous 10 il one sid. The Douth
1t survey is divides from it b. j. kson River
while the Chesapeake q Ohio machine shops,
where million of dollars is being expended in
their construction and where f. on 900 to 200
men will be em;loyed, touches it the east. he
kich Patch Company Is preparing to mine -es on
q large sea c, anu is constructing rail Fsy 20 tap
the G & @ R. &. immediate y west o. Low Moor,
to give outiot to market, either at the furnaces
q really III operation in the vicinity, or thosa
which may be built there, in the various Other
markets a0x Gus Cor lis PRODUCTS. The wealthy
owner o. the DOuthat sutvey-some 81, 000 acres
will net permit his valuable property to lie lie,
and it is already intimated that movements arc on
foot for extensive operations on IL.
THE DISTRICT
from Clifton Forge 10 Covington, midway between
which lies the posses of the Allegh aDy Min
ing and Development CompaI Y, is already slive
with industrial eadeavors looking to the develop
ment of this favored section. and the IS sb.ish-
mont of succcssion of manu- 'aciur.s thai will
make one of the most important and prosperous
industrial centres in the country. The Covington
Land and Improvement Company has arranged
for the erection of blsst furnace. rolling mill,
belt railroad aud other indust les adspsed t tho
material condition which surround it. The Chess-
peake g. Ohio Railway Company is pushing its
workshops to comp elton as fast rs men and money
can do it. The Low Moor Furnace irns out about
so tons Of pig iron rer week, and has on its pay
rol from $50 to 700 men, The Longda'e Furn.
ace IN axes fr, IN 500 TO 600 tons per week The
Clifton Forge aud Charter Oak Comp ,nes are
sc,iveiy al work to consummate their improve
ment plans Iron Gate where numerous large and
succ, full plants, including rolling mill and sg
rcultural mashine works are in operation. and
West ard Sou.h Iron Gate Com. anios sre uniting
their forts to slimu ate the development of this
section and aid to The actiee values which are
destined to make this the ion producing centre
of the United states.
CENTRALLY LOCATED