The star. (Reynoldsville, Pa.) 1892-1946, 1899-01-18
MINES AND MINERS.
Capitalists Purchase $3.50 Acres of Coal Land in
Pennsyivania-Es Estimated Number
oT Tome m, n,o

OF lOnSt 9oiCoJ,O)o.
A number of capitalists, of whom
Joseph II. Dickson, of New York, Is
the head. has purchased the coal pro-
perties in Scranton, Pa, of the Lacka-
wanna Iron and Steel Company, to-
gether with the mineral rights at the
Pine Brook and Capouse mines. A
company win be formed to mine and
operate these properties in the interest
of the New York, Ontario & Western
Railway Company. The number OF
acres secured covering these mineral
rights Is $3.50, the estimated quantity
of coal in this acreage being from 25,-
100000 to 30000,000 tons, little of which
Is subject to royalties. on the pro-
pertles are two modern breakers. The
coal Is of the best quality and In the
past has been shipped over the line OF
the d., l.. ~ w. Company. The new
company Will comprise a number OF
the richest and largest coal shippers.
Pine Brook shaft last year produced
over 100000 tons of coal, and the Cap
ouse Mine exceeded 100000 tons. The
two mines together employ over 1900
men and boys.
Tuscarawas county, o., miners are at
present muttering about the dis
elimination In favor of West Virginia
miners and the most conservative
operators fear that there Is n strike
brewing. During the early part OF the
winter the output of coal for this
county was up to the general average
of past years, but of late 1t has begun
, to slump. About six weeks ago when
the local mines were working fullest
the reason was that West Virginia
miners could not supply the demands
and the surplus orders came to this
territory. Now, however, West Virginia
miners have caught up with the de-
mand and n heavy slump is accord
| ingly felt here. officials of the local
mining assemblies throughout the
country say that unless Ohio Is given
some protection against West Virginia
prices for mining, one of the biggest
strikes In the history of the state will
| be the result.
The fact that the owners of the
American Tin-Plate Co. in Indiana are
about TO build railroad from Elwood
to Anderson to connect there with the
| Chicago e. Southeastern, leads to the
| belief among railroad men that the
| tin-plate company has secured control
OF the latter road and will put IL on It's
| feet. The tln-plate company wishes to
reach the coal fields of Indiana in order
| that there may be no question about
| fuel In case OF a failure of natural gas.
j. X. Russell. road foreman of en-
| glnes on the Pennsylvania road. repre-
| senting "A syndicate of capitalists, has
| purchased the William Bennett farm
at Hillside, near Greensburg. Pa, pay
| ing $4,000. The tract Is underlaid with
| COAL and ii Is told that big coal plant
will be established on the farm. The
tract contains 275 acres. Options on
neighboring rich coal lands have
been taken, and II is said deals will be
| closed within a short time.
| The Ohio Supreme Court has affirmed
| the decision of the lower court in the
| $S,O0O,OO0 Hooking Valley bond case
against Judge Stevenson Burke. Tho
| decision gives the bondholders the right
|
| bonds. These bonds were issued in
| 1881 and bear per cent. and were is-
| sued to purchase the road and 10000
acres of coal land belonging TO the
Hooking Coal and r. II. Co.
John IL. Thomas, of Niles. o., return
ed from Duluth, Mimi. where he has
| just purchased seven-eights interest
| in the Aetna mine. His property joins
the great Mountain Iron mine of the
| Carnegie Rockefeller syndicate. The
| price paid for -eighths interest in
| the 40 acres was $l05. 900.
| The Engineering and Mining Journal.
| In its compilation OF mineral statistics
| for 1898. place the worlds product of
| gold In the year at $2S6, 2l8 954. To
ed s6i, 100000, Russia $25, ,136. 900. the
ed S64 800, 900, Russian S25. 1856. 600, the
| Witwatersrand $3,4I6,o00 and AUS
| tralasia S6l .4S0, 900.
The rates on coal from Philadelphia
| to several ports are stated below
| Charleston, Savannah, Jacksonville,
Brunswick and Port Royal, 95 cents "a
ton. Galveston, Sl.50. Sagua, Havana.
Matanzas, Cay Francis and Santiago
S1.90, and Vera Cruz s2,35 per ton.
The vessel Andrew Carnegie cleared
from Ashtabula. Ohio, recently with n
| cargo of 5000 tons of coal for Duluth.
| This is believed to be the largest cargo
of coal carried on the lakes.
The Bridgeport. Ohio. mines worked
about one-third time last year. owing
| to the fact that their market in the lake
trade has been taken by West Virginia
| coal producers.
A slx-foot seam Of coal has been
found at Germantown. III. A company
was formed last spring 10 prospect
this territory. Henry Hcff is president
of the company.
Canadian Peat Fuel Co.. OF Toronto
| Ont, Is making a fuel which the locat
| paper says a trial on Central Ontario
Ry proved to be equal TO the best
| coal"
Ireland imports 100000 tons of coal
annually.
The largest library of small books in
| the world bplongS IN n ErAnthlOan n