Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1892-05-10
A MARVELOUSLOCALITY
IN WEST VIRGINIA WHICH IS OUTSTRlPPING
ALL OTHERS
In Its Unprecedented Gyowth-Ths Great Industrial
Advancement of Fairmont, and the Unex-
celsd Opportunity 1t Offers for Prof
table Investment in Property.

Pennsylvania capitalists turning tnelr
attention to this field and making pur-
chases of large tracts of coal lands in
Fairmont and the vicinity? THESE
questions are easily answered, and the
reasons ought to be convincing. what
has made the southwestern counties OF
PENNSYLVANIA prosperous and hiyed u
with numerous industries? The devel-
opment of their marvellous resources,
undoubtedly. The same soil. timber,
water streams, the same coal and min
erals which has produced all this wealth
and prosperity in these border counties
in Pennsylvania are simply extended
over into the counties OF MOnongalla,
Marion and Harrison, and this section
only awaits the same measure OF deYel-
opment 10 bring it abreast OF the bor-
derand of prosperity in Pennsylvania.
To-day the advantages of investment in
the Upper Monongohela valley are ten
fold superior 70 possessions in Pennsyl-
vania. Why? Because the high prices
FOR coal lands and other holdings has
admonished the Pennsylvania capitalist
that the day for profitable investment
i'm his own section is about over, and
through intelligent inquiry and per-
sonal examination into the resources
into the neighboring country across the
line has convinced him that the West
Virginia territory is the only section
that invites sure returns on investments.
Here, where large acreages OF the
Pittsburg coal can be bought for a mere
song, where lands are cheap and re-
sources many, the prudent investor is
putting mis- money, relying upon the
natural Increase OF values, which the
logic OF the situation makes certain
that progression, TO justify the wisdom
of his investment. That he is making
no mistake is seen In the already rapid
enhancement of values which has taken
place in the last three years, and which
is lust beginning TO make itself felt all
along the line in sections which have
TRANSFORMATION facilities; in the tremen
dous Increase of coal and coke output,
which in Marion county alone has been
augmented 400 per cent. in less than
four years, and which is stimulating
business of every kind along Industrial
lines in the upper Monongahela valley.
1t is more than passing strange that
Shrewd investors in real estate In
Wheeling have preferred TO place their
money in property where the invest
ment is attended with great risks, and
where prices are subjected to abnormal
imitation and depreciation, and have
never turned their attention TO the
safe and profitable character Of invest
ment i'm this section of their own State.
They have never even taken the pains to
scrutinize the field or shown the pass
ing interest of inquirinG about the "lay
of the land" but they have blindly
driven their pigs" to the troughs of
western boom towns. They are certainly
not more Shrewd than those in Penn
sylvania. There has been no timidity
on the part of the Keystone State CAPT
talists, as witness this array of the
names of far-seeing Pennsylvanians
who have ventured across the border
NJ. Saxman, the WestmOreiand county
coal operator, has bought 5000 acres OF
coal land, at nominal prices, near Fair
mont: James Hustead, of Uniontown,
z, 900 acres in the same locality: p. y.
Hite, of Pittsburg, has just completed a
coal and coking plant at Fairmont
which will employ at once about 200
hands; Il. H. Martin has also
opened mine on the Monongahela
River Railroad, and Senator j. ID. Cam
eron, Z. V. de Invlliers, A. S. Nc
Creath and II. Il. Mccormick, OF Har-
riSburg. have extensive holdings in this
neighborhood. These men have wit
messed the tremendous increase OF coal
values i'm WestmOreland, Fayette and
other Pennsylvania counties, and real
ize that the development of West Vir-
81 10
of the most certain things TO follow in
the wake of present operations. They
are on the ground floor in their invest
ment aud must realize fortunes ia the
swift advancement of values that is
viSibly going on day by day.
But coal lands do not provide the only
means of safe and profitable investment
in that section. OF course, the coal and
coking operations, which are increasing
rapidly, necessarily carry with them
the enhancement Of other values. This
is especially .rue of properties in the
mining regions, where towns and viii
lagos are rapidly springing up TO ac-
cOmmOdate the immense and growing
trade brought about by new mines and
increased output OF established plants.
and must continue to do so for several
years TO come. OF the most prosperous
of these towns in the valley is Fairmont,
at the head Of the proposed slackwater
navigation on the MOnOngehela river.
Favored by natural location at the
junction of the two forks, which unite
here and form the Monongahela river,
each Of which is natural avenue
through the mountains for railroads
that will penetrate every section OF the
State, Eairmont is destined TO be
great railroad center aud the entrepot
and shipping station of large section
OF country Equally favored as the cen
ter aud supply point OF 100 square
miles of coal territory, every advance
ment of the coal and coking industry
will be reflected by enhanced values of
real estate.
Already these values have so far yield
ed TO this healthy stimulus that proper
" within the immediate environments
OF the town has advanced 200 per cent,
and the increased demand for houses
for the large addition TO the population
has justified the laying off Of additional
land TO supply the absolute existing ne
cesSity for town lots on which TO build
houses 20 shelter the hundreds of people
who are flocking to FairmOnt to i'm
prove their fortunes in this favored
locality. These lots will prove a most
advantageous investment for those who
desire safe, conservative, profitable
and secure disposition of money. They
will never bring less than on the
day of sale. They are bound to bring
more. because they are needed now TO
supply actual homes for people, and for |