The morning call., 1895-03-03
4 BOON TO LOCAL
MANUFACTURERS,
COAL WILL Soon BE SOLD IN THIS
CITY FOR FOUR DOLLARS
A TON.
COMES FROM CORRAL HOLLOW
The SAN FRANCISCO AND SAN
JOAQUIN Coal COMPANY TO
SUPPLY THE FUEL.

''We think we can land coal in San Fran
cisco for 81 80 ton and supply it to the
manufacturer at from So to 81, said James
TreadwelI yesterday. He spoke for the
San Francisco and San Joaquin Coal Com
pany, which has Just been incorporated,
and back of which stand some of the veal
thiest men in the State. The incorporat-
ors are Colonel J. D. Fry, president of the
California Savings and Trust Company ;
Jacob G. Johnson of the wholesale saddlery
firm of ]. c. Johnson & Co.. John W. Cole
man of Oakland; Henry Williams, the cap
ltalist; R. D. Fry, James Treadwel and
Harry A. Williams of Williams Brown &
Co. The corporation has a capital stock OF
1000, 600, divided into $4,000 shares. OF
these 10000 shares are reserved in the
treasury to be sold for equipment, and sub
scriptions have already been received for
nearly the full amount.
The coal fields owned and controlled by
the company are situated in Corral Hol
low, eight miles east OF Livermore and
cover territory six miles long by a mile
and half wide. More than three-quarters
OF million dollars has been spent in de-
veloping the property and the experts say
that there are between twenty-five and one
hundred millions of tons of coal already in
sight. The main tunnel, which extends
1900 feet into the hillside, crosses seven
distinct veins of high-grade coal. In one
vein, measuring seven feet across
''stope' has been run for 400 feet, and in
another, measuring ten and half feet,
''raiseh extends $50 feet to the surface OF
the ground
1--WE propose to handle the COAL" said
Mr.. Treadwell, "by the improved
machinery now in use in the East. A
standard gauge railroad for which the
survey has been completed and the grade
stakes are in position, will be built, if
necessary, from the mine, to the San
Joaquin 'Old River at Bethany, just be-
low Mohrs Landing, distance of twenty
miles, and from that point the coal will be
brought to San Francisco by steam bargeS
owned by the company. The barges will
be loaded from bunkers on the river-bank,
and unloaded by means of steam shovels
resembling the clans of dredger In
this way the cost OF handling-a large
item under the present systen-will be re-
duced to minimum. The grade from the
mine to the river is an easy one, averaging
not more than fifty feet to the mile.
1--WE hope, however, to persuade the pro-
motors of the new railroad to pass directly
through our territory and will be very glad
to offer inducements to that end. If the
line is to go by way of Stockton a route
through Haywards Pass, Castro and Liver
more valleys to Corral Hollow, thence via
Tracy to Stockton, is the shortest and
easiest yet proposed. This route would be
advantageous to the railroad, for it would
thereby secure cheap fuel and would
handle for US about 1000 tons of freight a
day. Our cars will be constructed to
standard gauge in order that when the
valley road is completed they can be
switched directly on its tracks.
The Corral Hollow coal is a soft coal,
something between the Wellington and the
Coos Bay brands. It's steam producing
qualities have been tested and pronounced
unequaled and it is valuable for family use
1t kindles readily and burns freely, leaving
a light feathery ash. The waste which usu-
ally burns on the dump at a coal mine the
company proposes to utilize for producing
electricity, which will be supplied at rea-
sonable rates to the cities of Stockton and
San Jose and even Oakland for lighting
and manufacturing purposes"
The average daily consumption of coal
in San Francisco is 5000 tons and of this
the new corporation expects to supply
about 1000 tons. If coal can be sold here
for $3 or 81 ton it will prove a great boon
to the manufacturing interests. The price
of coal IS now lower than ever before, but
the factories have to pay about $6 ton.
A meeting of those interested in the new
corporation will be held soon for the pur-
pose of electing officers and directors.