The Roanoke times. [volume] (Roanoke, Va.) 1890-1895, 1891-02-18
SOUTHWEST VIRGINIA NEWS.

A few months ago certain parties
bought the Craig farm, one and half
miles east of the city, for $4,000. A
few weeks ago they sold it to the Dan
villo and East Tennessee railroad for
$4,000. 1t is now currently reported
that the farm has been sold to the Bor-
der City Investment Company for 5000
per acre, which would amount to $50, 900.
The report says that tho Danvillo and
East tennessee Company retains forty
acres.
Since the completion of the Roanoke
and Southern road to Madison the town
now Is that she will continue in the on
ward march of progress. The books
have just been opened there for q bank
with capital stock of $4,000. After
the stock is all taken the citizens then
propose the erection of fine brick
building with an opera house on the
second floor, bank and storerooms on the
first. The commissioners there are also
laying off new streets and improving the
old ones.
train will be put on the Roanoke
and Southern road within tho next two
weeks between Madison and Stoneville
to connect with tho regular train from
Winston.
Freight will be received by tho Roam
oke and Southern road for points north
OF Madison as far as the road is com
pleted.
In view of tho construction of tho i'm
menso wagon and foot bridge over New
river, that will connect Radford and
Pulaski county, Geo. Il. Casscll, attor-
ney-at-law, before tho Pulaski county
court on Monday last made motion to
have viewers appointed for tho purpose
Of getting now turnpike from the said
bridge to the mouth of Toms creek,
where public ferry is soon to be estab-
lished.
John f. Stump, who stole q valuable
horse from III. G.. Price, of Franklin
county, on the Goth of January, was
brought back to Rocky Mount by Sheriff
o. Ii. Price, on Saturday, the eth Of
February; was indicted on Monday,
February 0, tried the same day, found
guilty, and was sentenced to eight
years'imprisonment in tho penitentiary,
and in 80 minutes after tho Judgment
was entered, Clerk j. j. Carper had tho
record ready to place in the hands of
tho sheriff.
cablegram was received by tho
Rockbridge Company, OF Glasgow, Va,
on the 18th, from London stating that
the stock of the English syndicate had
been registered and the advertisement
would appear in the papers throughout
England tho next morning.
The work of repair at the Pulaski fur
mace Is going on and by the end of this
week the furnace is expected to start
up again running with the blast OBJ
tanned from No. engine. The blowing
tubes are found to be unhurt except the
valve boxes, which are all four broken.
Jos. l.. Hunter, of the American Bridge
Works, has been here and his company
undertakes to supply a good many of
the missing parts New valve cham
engine (new) will be put in during tho
next ten days. Engineer Hemmerly is
considered out of danger.
Richmond State: 1t is said that within
radius of twenty miles around Clifton
Forge and Covington there exists the
greatest iron region in all America
The very necessary accompaniment of
limestone is also self-evident within the
same limits. The iron ore can be mined
worry cheaply. Eastern capitalists, one
may be sure, will not bo slow to take
advantage of such favoring circumstan-
COS to convert iron ore into gold. In
deed, much capital from that section is
already invested in iron-bearing land
and moro will be constantly added.
Undoubtedly, in trade way, the pres
ent year will be bright one for our
grand old State.
Manufacturers Record: Our London
correspondent suggests that coal is so
high in England that American coal
could probably be shipped there to good
advantage. English coal, he says, is
commanding 2Ss. ton, and there are no
signs of any decline in prices. English
coal miners are reported as having made
large profits last year, the average
being estimated at 20 per cent. on an
investment of about $500, 100000 The
time is probably not far distant when
the South will be an exporter of both
iron and coal to Great Britain.
N1essrs. w. w. James, Dr.. NJ. M.
Butler and w. A. Sparger, Of Bris toll;
Rev. |. S. Anderson, of Jonesville, and
VIM. McGeorge, Jr., Philadelphia, Pa,
own from eight to ten Thousand acres of
valuable coal land in the Crap Orchard,
Penningtons Gap, Leo county, Va.
This gap is in Stone Mountain, a branch
of the Cumberland, ten miles northeast
of Jonesville, twenty miles southeast Of
Big Stone Gap, and forty miles of Cum
berland Gap. 1t is on the branch of
the Louisville and Nashville road lead
ing from Cumberland Gap to Big Stone
Gap, which was completed to Penning-
tons Gap yesterday, and will be finished
to Big Stone Gap in the course of two
months.