The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1892-05-10
! MARVELLOUS LOCALITY
T., 7yost Virginia Which Is Out
stripping All Others
nj IFS UNPRECEDENTED GROWTH.
Tho Great Industrial Advancement
or FnIrmont, aud tho UncScclicd
Opportunity It Offers for Profitable
Investment IN Property.

attention 10 lliis Ho'u JIM hi"Ni"B P"'
rbo,ps OF largo tracts OF coal lands in
r,nnont and tho vicinity? These
onestions are oasily answered, and tho
reasons ought to DO convincing. What
has mnde the southwestern counties OF
Pennsylvania prosperous and hivcd 1t
with numerous industries? The dovcl.
onment Of lhcir marvellous resources,
undoubtedly. Tho same soil, timber,
water streams, the same coal and min
enl, which has produced all this wealth
and prosperity in these border counties
in Pennsylvania arc simply extended
oyer into the counties OF Monongalia,
Marion and Harrison, and this section
only awaits tho Same measure OF devel-
opment TO bring it abreast OF tho bor-
dcrand Of prosperity in Pennsylvania.
To-day the advantages OF Investment in
the Upper Monongahela valley are ten
iold superior to possessions IN Pennsyl.
yania. WhyP Because tho high prices
for coal lands and other holdings has
almonisllcd the Pennsylvania capitalist
that the day for profitable Investment
in his own section is about over, and
through intelligent inquiry and per-
sonal examination into the resources
into the neighboring country, across tho
line has convinced him that the West
Virginia territory is the only, section
that returns OIL Investments.
Here, where large acrcages OF the
Pittsburgh coal vein can be bought ior
mere song, where lands are Cheap and
resources many, the prudent investor
is putting his money, relying upon the
natural increase of values, which the
logic OF the situation makes certain that
progression, 10 justify the. wisdom OF
his investment. That he is.making no
mistake is seen in the already rapid en-
hanccment OF values which'S$3Ss taken
place in the last three years. 1lId which
Is just beginning TO make itself felt all
along the line in sections which have
transportation facilities; in the ire
mendous increase OF tho coal and coke
output, which in Marion county alone
has been augmented 400 per cent IN less
than four years, and which isstimulat-
Ing business OF every kind along in
dustrial lines in the upper Mononga-
helavalley.S i.5
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
mcnt in this section OF their own state.
They have never even taken the pains to
scrutinlzc the field or shown the pass
Ing interest Of inquiring about the LAY
OF the land" but they have blindiy
driven their pigs" to the troughs OF
western boom towns. They are GER
talnIy not more shrcwd than those in
PENNSYLVANIA. There has been no
tlmidity on tho part OF the Keystone
State capitalists, as witness this array
OF the names OF far-seeing Pennsylvan-
lIans who have ventured across the
border: NJ. saXman, the ,Wcstmore-
land county coal operator, has bought
1000 acres OF coal land, at NOM
ina! prices, near Fairmont; James Hus-
tead, OF tniontown, 5000 acres in the
same locality; Z. \. Hitc, OF Pittsburgh,
has Just completed a coal:and coking
plant at Fairmont which will employ at
once about 200 hands; r. i. Martin has
also opened mine on the Monongahcla
River railroad, and Senator D.. D. Cam
eron, b. '. de lnvilllers, AS. McCreath
and II. b. Mccormick, OF Harrisburg,
have extensive holdings in this neigh
o,orhood. These men have witnessed
the tremendous increase OF coal values
IN WeStmorcland, Fayette. and other
pennsylvania counties, and rcalize that
tho development Of West Virginia coal
on qultea large scale is one OF the
most certain things to follow in the
wake OF present opcrations---Thcy are
on the ground floor in their. Investment
and must realize fortunes in tho swift
advancement OF values that is rlsibly
gong on day by day.
But coal lands do not provide the only
means OF safe and protitableilhvestment
IN that section. OF course, thc coal and
coklns operations, which arc increasing
rapidly, necessarily carry with them
especially true OF properties in the
mining regions, where towns and vii
lagos are rapidly springing5up to ac-
commoda'e tho Immense aud" growing
Trade brought about by new. mines and
increased output OF established plants.
Values in such localities arc going up
ana must continue 10 do so for several
years 10 come. OF the most prosperous
OF these towns in tho valley is Fairmont,
at the head OF tho proposed slacl,watcr
navigation on the Monongahela river.
Favored by natural location Mt tho
junction OF the two forks, which unite