The Wheeling daily intelligencer. [volume] (Wheeling, W. Va.) 1865-1903, 1895-12-12
Special Dispatch to tho IntollIgoncOF.

Special Dispatch to tho Intelllgencor.
BALTIMORE, Nd, Dec, 1l,-A rail-
road and coal territory deal OF great
magnitude. and one which means much
to the northwestern West Virginia
otherwise known as the Upper Monon-
gahela) coal field, was consummated in
this city yesterday. II was the merging
Of the Monongnhela River Railroad
Company and the MonOngah Coal and
Coke Company, and II was the result
OF negotiations which have been pend
ing for some time, The deal cOntem-
plates n more extensive development OF
the great coal fields between the Mo-
nongahela and Ohio riYers, OF which
field FHirmont and Clarksburg are the
centres, and the building Of coal roads,
following all the seams In the territory,
converting that portion OF West Vir-
ginIa into one OF the richest mining re-
gions In the country.
Not only does It involve a closer
amalgamation on the Camden railroad
and mining interests, together with
other mining interests In the Fairmont
region, but II Is said by well Informed
parties that the deal Is indicative OF q
new departure by the Baltimore & Ohio
Railroad Company. The programme OF
the Monongahela River Company Is to
connect the Fairmont region with the
Ohio river, by means OF short route.
which will take the product OF the West
Virginia mines nearly 100 miles nearer
the southern and western markets than
the Pittsburgh region Is, by water, and
rid Il of the disadvantage In the way OF
railroad determinations It now lahors
under in It's competition with the Pitts
burgh product 1t Will also Increase
greatly the eastern and western busl-
ness OF the Baltimore & Ohio. The de-
vclopments here yesterday, In short,
seem to mark the beginning OF q new
era for this grcnt coal field.
THE DEAL.
The deal was contaminated Rt meet
lngs OF the directors and stockholders
Of the MonongnhelN River Railroad
Company and the Monongah Coal &
Coke Company Mt the C0rrollton Hotel,
and was in the shape OF the sale OF the
latter corporations coal property in the
territory named TO the former. AZ
previously stated negotiations for the
merging OF the two properties have
been for some time In contemplation
and yesterdays action was but the ciil-
mInntlon of frequent conferences held
here from time to time within the past
".
year. - :,
1b, 900 acres Of rich coal fields in Marion
and Harrison counties, w. Va, and
which the railroad proposes TO develop.
The honongahela River Railroad ioi-
lows the general course Of the Monon-
gnhCln river, and Joins the towns OF
FairnOnt and ClnrksburE, the one on
the main line OF the Baltimore Il Ohio
al on tha TlnltiTn
& Ohio Southwestern. Tho line Is about
thlrty.seven miles in length, and trav-
orses the mineral area involved In yes
terday's purchase.
To develop the acquired property, tho
rnilrond company proposes the con-
struction Of number OF short brnnh
lines, following the coal veins.
II. 4 o's CONNECTION.
The road is n close connection OF the
baltimore & Ohio. stockholders and oiIi-
GERS Of the latter being largely interest.
ed IN II. so close. indeed. 10 the rela-
tIon, that the move made yesterday has
been looked upon In some quarters M
indicating that the Baltimore u ONO
was gradually taking steps toward coal
mining as well rs TailroadlnE. Bnlu-
more a Ohio officials deny this, how
ever llt HNNlh AANhNt ~ sH"''N''
gahela River road In yesterdays pur-
chase ls, II IL admitted, In the line OF fu-
ture purchases OF mineral property
from the MOnongahela river westward
toward the Ohio. The output Of all
such properties would find It's way to
market win the Baltimore g. Ohio. hence
the importance TO the latteT road OF all
such movements, whether accomplish
ed or IN prospect. ,,,.-,-,-
Hon. ]. N. Camden. OF West Virginia,
is president Of the Monongahcln River
Railroad Company, and the directors
comprise himself and Messrs. James
sloan, Ir.. and Charles X. Lord. Of lialti-
more: s. w. Cotton. Jr., OF philadelphia;
and Col. W. +. Thompson, OF Now York.
Mr.. j. u. Sands. Of FalrmOnt, w. Va,
is president Of the MonOngnh Coal and
Coke Company, and the directors. be-,
sides himself. are Hon. j. N. Camden
Hon. A. y, GUrman, James Sloan IT,.
Charles X Lord. Alexander Fulton, OF
ghnmOlin, Pa; Col. W, u. Thompson,
8, W. Cotton ana Samuel Spencer, prCsi-
dent of the Southern railway.
The gentlemen named were nll pres
ont nt yesterdays meetings with the
exception Of Mr. Spencer and Senator
| German.