Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1892-02-03

proposition OF the Gas Company, but
neither the chairman Of the sub-commit-
tee, Mr. NJ. Pollock, nor the clerk had
II, and IL could not be found.
Mr.. Heard thought the last PROPOSE
'tion had never been fully reduced to
writing, and suggested that a new one
be written. Finally Mr.. Pollock pro-
duced the original proposition from his
clothes, with a somewhat embarrassed
air, for he had declared he hever had it.
Mr.. Farrell-Mr. Chairman, you de-
serve vote Of thanks for the way you
have taken care Of it, for I've ransacked
the office for IL. Laughter.
The proposition was then read, to the
elect that the schools would be carried
until the end Of the school year, and
the crematory TO September 1st next.
Mr.. j. Pollock thought the city ought
to insist on heating the school houses,
and Mr.. Jefferson coDcurred in this,
and appealed 10 Mr.. Heard to know II
something like ,his could not be done.
Mr.. Heard was firm In his conviction
that it couldn't be done, and read figures
10 show he was correct.
Mr.. j. POlloCk-But you're in better
shape now than you were a year ago.
You're selling all your gas now; then
you rushed the grOwler too hard. l
think you ought TO do something, in re-
turn for our action. We're disposed to
be fair, and when you take off the water
works and the gas works and the
Crematory, after September, you ought
to give MS gas for the schools and the
City Hail.
Mr.. Heard-Mr. Pollock, II we had
anything TO divide, we'd be glad 70 do
il; but we have nothing.
Mr.. O'Leary-YOu're supplying gas TO
the North Wheeling glass works?
Mr.. Heard-YeS; we notified them in
November that they might be cut of at
any time.
Mr.. O'Leary-But this statement says
they're cut off, aud they're not.
Mr.. Heard-We are supplying the
works, and are giving the Central lit
tie in the glory holes.
Mr.. Dunlevy then required to the
matter Of probable increase Of cost to
the consumer, and forced from Mr..
Heard the expression that il gas kept
on getting shorter, they might have to
put up the price.
DR.. Campbell-And il we don't grant
you this, you won't be able to do that.
Mr.. Heafd-NO, 1 suppose not.
DR.. Campbell insisted that the Com
pany had lost nothing as yet; they were
merely afraid they would lose some
thing.
Mr.. Heard-YOu can sugar-coat that
Just as you please; we have actually lost
So, 900 on gas.
DR.. Campoell-And made it up in 9TH
er ways?
Mr.. Heard-No, sir; we did not; we
have laid all that before you.
Mr.. Rlley-YOu spoke Of receiving
SI6O, 600 or $40, 900 aud expanding S70,-
600; isn't that SO, 900 all you outley?
Mr.. Heard--No, sir; on top OF the
running expenses, there was $4,000 for
branch lines, while our producing
power has been cut right in half.
Mr.. Riley-The average income for
FIVE years has been about Sl60,0O0.
Mr.. Heard-Ges.
Mr.. Biley-And the running expenses
about $4,000, including improvements?
Mr.. Heard-No, not including i'm
prOvements.
Mr.. Riley-Oh, yourrunning expenses
couldn't be $40, 600 a year.
Mr.. Heard-Including new wells?
Yes, sir. Then our lines come in on top
OF that
Mr.. Ruey-WeI, how many wells do
you drill a year?
Mr.. Headlight or ten-nine or
ten.
Mr.. Rfey-How much do the wells
cost?
Mr.. Heard-About Sc, 600.
Mr.. Pollock-I'm only novice in the
oil business, but 1 got ,, S00-foot well
drilled for $4,000.
Mr.. Heard-Pll bet you didn't; I'll
bet no manrin West Virginia or Penn
sylvania, either, ever got we'll put
down >, 500 feet for any such sum as
50, 900.
Mr.. Riley-Well, let's see, here's one
year you drilled five wells. Taking
your own figures they'd cost $4,000.
Wouldn't the other $40, 900 pay expenses.
Mr.. Heard-No, sir.
There was another long explanation
here by Mr.. Heard as to how cost Ofnew
lines and new wells, etc, had been
charged up to investment when it ought
TO be to profit ana loss, 'for the invest
meots were no good He finished by
saving: 1--WE never got a cent out Of oil,
and never expect TO. Every man who
laid down a gas line five miles long, got
the worst Of it.
Mr.. Dunleyy-Then, il seems TO me,
YOUR best course would be TO guarantee
the price would never go above l5c.,
ana sell all the gas you get.
Mr.. Heard-We're selling all the gas
we have now, and still we're getting the
worst Of it.
After chewing the thing over for
q while longer, Mr.. j. Pollock came
back TO the Is cent. phase, and Mr.. G. B.
Caldwell explained that that part Of the
contract would not be touched.
DR.. Campbell-Well, il the Courts are
IN decide this, let's let them decide it
all. I'm getting tired.
Mr.. Farrell-Here, too.
Mr.. Heard-Gentlemen, if we want
an increase in the price, We'll come to
Council like men, and ask il. That is
all can say. We've paid the freight,
like Jones Of New York, and we paid at
a high rate.
Mr.. Farrell-You contracted to pay
IL, didn't yOu?.
Mr.. Heard-Nes, sir.
Mr.. Farrell-And now you're asking
rs for a present Of $4,000 per year.
Mr.. Heard-No, sir, we're not.
Mr.. Irwin move we go into execu-
tive session and settle the thing, re-
porterS included.
This was adopted.
The executive session was opened by
reading the amended proposition Of the
=, ~ ,vd this was fOllOyCad nv rba