New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-11-18
DEAR SIRs:


In r-,pon.. your inquiry. 6es 70 state thar me
property hy tn. mortgage referred u Consists
o., nfy-thr.. miles Of railroad extending from HSdes IN
Elk County Pa to Clermont. in Mexican County Pa
passing through the Of Centreviie and ST. Mary
together with about Of btumnous coal land
and mineral tights which six mines in operation
RI. road :. hull, IN very substantial manner. With
stone culverts iron bridges and laid with seventy ana
seventy pound steel rails. with steel ue pS'e Oh
each #. under the rail- the greater portion OF tne
road On first elias. whit. and chestnut ties ana Is
,o,. b.ua.,ed throughout, The business ~ Ii. road
consist. q products ~ the forest coal ana genera"
.r.bara.. Tho capacity Of the coal property is now
about 1000 tons per day FOR all ~ which there Is
ready sal. At a fair prof.. Our sales f'r is's are
inward, ~ eo 90 tons q which however We will not
b. able 10 delive- than 100000. because o' 'n'
present mine facilities not permitting the production daily
~ quantity q coal sufficient, TO make thi' del'e'y
during tho contract period Is proposed 70 complete
,Ao .ourm.nt ~ mines With electricity for digging
ard hauling coal which will largely increase the output
Bids for our coal during the year covered 100000 tons
q, double our capacity to produce Next We expect
to be abb. to produc. and deliver 10000 tons
The railroad and coal properties owned and operated
by tho pare. the coal property beng un'e' me
lien ~ N. railway mortgage In addition 70 the coal Of
which II Is estimated by competent experts the properly
contain. 100 We have valuable bed OF hre
clay four feet depth. which ia taken out with me
coal in N. principal sangway. THIS fire clay is manu-
featured into very superior which is sold for fire
u,co, material srd for vail frn,s In rudnss market
I. found for Il ss far Boston Rich beds 81
cement also await Development In addition TO this there
f. in prospec, the manufsctur. Of coke
The nroduc,. q III. forest consisting now chiefly Of
,sr,,o,k timber bark and hard wood constitute con
,,s,sh. husnes. for the road The logs hauled into
tho town Of 81, Marys and there sawed into m.r-
,,,his l,c,he, m. bushes, being controlled by the
Buffalo St Mary. and Southwestern Railroad by con
,,ac, Til. ha-k i. all shipped over road After tn.
remoysi OF hemock heavy body OF hard wood
,,r,sr ell, renan. upon the Land there is from
w.nty i've to thirty years o., timber product accessible
"a this road. about 10000 acres ~ land
The land, A.. well adapted after the removal Of the
timber for agricultural and grazing purposes large
portion o., the very deep sol VIE roush character 50
far as reclaimed has proven superior farming land
The town Of So, Merys situated at the crossing Of this
road and the Philadelphia and E-e offers superior in
ducauents for manufacturing interests which are being
very rapidly ayaed o. The hrm II Kau Hall owners
q the railroad and property. being the owners OF
the principal bodies land adjacent TO ST Marys have
been locating manufacturing industries by rendering free
land s,.s for TIE same and furnishing other
conveniences a. guaranteed costs location
being very accessible 70 fields anordinz
with the coal and the refuse Of timber manufacture.
very cheap Already extensive furniture factory
hub factory Nntlins wood factory wood acid factory