Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1899-03-19

for the purpose of considering a propo-
sition for the purchase Of the big plant,
as made to the company by the J.
Pierpont Morgan interests, and WHICH
resulted in the granting OF an option
to the Morgan interests, embracing " o
propositions and to run until he first
of next July. The propositions as Of
fered in the option are as follows: All
cash for the stock, at the a + OF $500
per share of $500, or, two, Z per cent
preferred shares of stock and one share
common stock for each $500 share OF
the present capital; or part cash and
part stock. as may be arranged.
There was also a stipulation in the
option to the effect that Manager
Frank J, Hearne and J.. D. Culbertson
be retained DIT their present salaries
by the new management, in case the
sale be made.
An increase of 10 per cent in the
wages of the employees in all the de-
nartments of the Riverside iron and
steel works, including the oven work
ers and laborers Of the Riverside coke
plant, took effect on Sunday last.
Just as soon as the weather has be-
come settled the work of widening the
bridges At all points along the B. & U.
arilroad between Bellaire and Ca
bridge, O., preparatory to the laying OIL
q double track, will be commenced by
a large force of men. At a number Oh
points along the line it will be neces-
sary to tear away the old bridges ana
replace them with new and more mod
ern track structures. A considerable
length of time and quite a large eA->
penditure of money will be required TO
complete the work of improving this
division of the B. & o. a
The Bellaire, GAINESVILLE and Cincin-
natl railroad is to be changed some
time in the near future from a narrow
gauge to standard from Bellaire to
Woodsfeld, O.. A change Of this KIND
on this division of the o a has been
contemplated by the company for
some time past, and will be a great
Improvement to b line.
The employees Of the Boggs u
mines have not been working on full
time since the losing Of the Riverside
contract. In fact, a number OF the
miners have not been putting in half
time.
The space between the B. & o. and
Terminal railroad tracks at the upper
end of the Riverside mill grounds is
being filled up with gravel by a large
force OF men. After the work has been
completed there will be much addition
al ground for use by the Riverside iron
and steel company.
The Wheeling iron and steel WORKS
is working in full with a large number
oil orders on file.
The Bellaire steel plant is being
operated in all the departments on
double turn and some excellent run
are being made. The output OF finish
ed steel at the plant during h week
was unusually large.
On the 9th inst, the tonnage men
at the steel department OF the Wheel
ing iron and steel works, as is generally
known, notified the company or tnelr
desire for an increase in wages OF over
II per cent on an average, winch
means a restoration of wages from the
last reduction in 1897, and at the same
time granted the company, accordlng
to the action, thirty days time Tor a
consideration of the matter. The eX-
piration of the thirty days notice oc-
ours on the 4th proximO, and there
fore it is anticipated that the company
will hold a conference With the men
some time shortly for the purpose OF
taking some action in Regard TO the In
crease.
The report circulated during the
week to the effect that a negotiation
was being made for the TRANSFER OF the
stock of the Wheeling iron and steel
works into the possession Of the Ma
tional Steel Company, of Chicago, mas
been alphabetically denied by m or the
largest stockholders of the Wheeling
plant.
The work of putting up a large gas
tank at the upper end of the Riverside
coke plant, which was begun some lays
ago, under the supervision OF a party or
skilled workmen from Cincinnati, u,
is progressing nicely.
The plans for quite a number OF new
buildings, to be erected IN this city
and in the various ~neighbor1ng towns,
during the spring, are now being draWn
IN by the different architects and will
be ready for acceptance within a snort
time. Contractors already are busily
engaged in work on a number OF new
structures, and it will not be many
weeks until the spring building Will
be booming generally.
The Riverside mill is running on dou-
BILE turn with a full force of men at
work in every department.
STEUBENVILLE INDUSTRIAL
Steubenville, O., March 1S.-The sur
prise of this week in local industrial
circles was the notice posted at the
Acme Glass Works on Thursday morn
ing notifying the employees that the
factory would close down Saturday I'M
til further advices. Inquiry at the Of
fee elected no reason for the close
down which the men feel will be but
for several weeks at the longest. The
reason can only be conjectured. One
reason is said to be that the chimney
trade has been generally slack for some
time and there is nc desire to accumu
late a stock with a prospect Of having
to compete with cheaper machine-made
chimneys. One rumor has it that the
Acme, along with other chimney fac