Birmingham age-herald., 1895-08-29
T LOOKS LIKE BUSINESS telegram From Mir. EnSIen as
 to the Steel Plant. CHICAGO LOOKING THIS WAY Aad birT $ m Ready to Meet Her Half Way
 V ] Legitimate Ground. TH as NESSEF CLOSES THAT CONTRACT Z
 ity-Five Thousand Tons of Birming- esy ,Aam Iron Will Go to Pennsylvania.
 Heavy Shipments of Coal-An-
 other Gold Find Reported.
CHICAGO LOOKING THIS WAY
NESSEE CLOSES THAT CONTRACT

The Age-Herald several days ago told of MT. Eugene Enslen's efforts to interest Chicago parties in steel mill in Bir- mingham. As stated then, Mr Enslen was in Chicago, and has been there ever since at work on his plans.
 From telegram received from him yesterday it is inferred that his efforts have not been in vain, and the formation of company by him to build steel mill here is likely to be announced in the next few days.
 Yesterday morning Secretary Thomp- son of the Commercial club received the following telegram from MT. Enslen:
 Chicago, Aug. 2S. N. F. Thompson, Secretary Commercial Club, Birmingham, Ala:
 Will club guarantee subscribers $50 900 in stock in $25O,O0o steel plant? See Steiner, James Roy and others. Answer quick. EUGENE F. ENSLEN. MT. Thompson replied as follows:
 Birmingham, Aug. 2S. Eugene F. Enslen, Chicago, Ill.,:
 Twenty-Five thousand tons of pig iron were sold here yesterday for steel to Carnegie. Our people will cooperate in any legitimate enterprise for steel mak- ing to fullest extent possible. Believe $50000 can be raised.
 N. F. THOMPSON, Secretary On receipt of Mr. Enslen's telegram Secretary Thompson went out and in- terviewed a number of gentlemen on the subject and all expressed their willing ness to assist any legitimate enterprise. They said they would subscribe for any reasonable amount of stock if by so do- ing they could bring to Birmingham an industry of the kind suggested in MT. Enslen's telegram.
 The Tennessee Closes That Contract. The Tennessee Coal Iron and Railroad
 
 the Carnegie company of Pittsburg, Pa, by which g, 900 tons of Birmingham iron will be shipped to the latters steel mills at 1Braddock and Bessemer, Pa, near Pittsburg.
 The Age-Herald stated one day last week that the Tennessee company sold 1000 tons of basic iron, a superior grade of iron now being made successfully at the Alice furnace, in the western part or the city. The 1000 tons sale consisted or three orders, one for 200 tons, one for 300 tons and the third for 800 tons. It seems that one of these orders was from the Carnegie company and was to be used in test. It was understood at the time that if the test proved satisfactory the Carnegies would place an order for 25,- GOO tons with the Tennessee company. The test was made and proved thor oughly satisfactory. with the result that the order mentioned was given. The basic iron turned out at the Alice furnace is made rom red ore aug rom the mines in this district, which, as has been thoroughly demonstrated at the Alice furnace, can be successfully con- verted into steel producing iron.
 Another Gold Find.
 Another rich vein of gold has been dis covered in the Arbacoochie gold fields. This time it is by the Chattanooga com pany recently organized, with a capital stock of $50, 900, to develop the gold mines of Alabama.
 The new find is said to be one of the best yet discovered in Cleburne county, and is near by others that are now be- ing opened.
 The coal mines being opened in Bibb county by MT. H. F. DeBardeleben and associates and MT. T. Ii. Aldrich and associates will be ready to enter the mar ket by the middle of October.
 The Cahalba Southern company are sinking a shaft which will be ready for working within the next six weeks, and the mine al Belle Ellen. four miles from Blocton, will be ready about the same time.
 The railroad connecting the Belle Ellen mine with the railroads at Blocton Is be- ing rapidly pushed forward to comple- tion and will be ready for the rolling stock in few weeks. Large quantities of coal are being ship ped from the mines at Blocton and the demand is good, with indications of still further improvement early in the fall. Reports from all the mines in the dis trict are tO the same effect.