The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1891-10-22
Improvement Notes.

Messers. Carpenter & Boxley have been
awarded the contract to double~track
the G. Il O. railway from Anderson to
Greenbrier Stock Yards, between and
Z miles, and will at once proceed to work.
We are further informed that the dis
lance between Low Moor and Covington
will be double tracked as soon as posi-
bic, and that it is the intention of the
Railroad Company to double track the
entire line from Low Moor to Hintor,
during the winter and early spring, or as
speedily as the resources of the Com
ness of the road, especially along the
coal and iron districts. render it neces-
sary that additional transportation ac-
commodation be provided, as the diff
Guilty now is to obtain facilities to move
the output of the coal and iron mines,
and the furnace products. The necessi-
ty for a double track from Low Moor,
where the double>tr track from Clifton
Forge ends, at present, is apparent and
will become more so as travel increases
on the Warm Springs branch of the G..
s. O. railway. These Improvements all
point to more extensive development
and greatly enlarged business between
Clifton Forge and Hinton, and especially
is of Importance to Clifton Forge, as the
starting point of the Warm Springs rail
road
Mr.. H. @. Dickinson has been awarded
contract for grading and terracing and
generally equalizing the grounds around
Hot Springs, where extensive improve
ments are to be made before the opening
of the Springs season next year.
We alluded last week to a scheme on
foot to sell the great Douthatt survey to
an English syndicate. We have since
learned that the plan is to place it with
German capitalists and that negotia>
tions are progressing looking to that
end. Those having the deal in charge
feel confident that they will be able to
successfully handle the property during
the winter or early spring, and that a
sale will be effected. If sold, it will mean
the appropriation of large amount of
capital for development purposes, and
the Introduction of very valuable ele
ment into this district. There is moth
ing, however, definite about the negotia-
tions, nor will we be able to make more
satisfactory statement in reference to it
for several months yet.
Negotiations are also in progress for
another iron property in this district,
which has not progressed far enough to
warrant more than this mention of it.
We learn from gentleman recently
on a business visit to the East, that the
arrangements have been perfected for
the completion Of the Camden railroad
to the Virginia line, and its extension to
q connection with the main stem of the
G. & 0. at Coyington, and that the work
will be done within the next twelve
months. Included in the understanding,
we have been informed, will be the
Potts Creek road, also.
These several improvements are very
important, as they will bring the vast
fields of iron and coal together, at a con-
venient point for making iron at the
lowest cost, and give an impetus to all
kinds of business, that will have bottom
and staying qualities to it.
All these improvements will be of in>
calcuiable advantage to this entire dis
trict from Iron Gate to Covington. Cliff
ton Forge will especially derive benefit
from them, and Low Moor will be
brought into practical notice as one of
the most eligible manufacturing and
building sites along the G. & O. railway
From these indications we can reasons
ably base a confident expectation of
very decided revival of business by the
early spring. In fact, there is now feel
ing of confidence predominating, and
building is progressing more rapidly
than has been the case for several years
past. The conditions are Substantial
Men are looking at everything and MAX
ing their calculations from conservative
premises, and not rushing pell nell into
speculative transactions. 1t is a time
when patience and perseverance must be
exercised, and with business judgment
to guide, all things will work for the up
building of this highly favored section.