Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1899-03-12

the Bellaire steel plant into the pos
session. Of the National Steel Company,
Of Chicago, ILL.,, was closed last Mon
day with the stockholders, with the
exception of a small minority. A.. b..
Carter, vice president of the Bellaire
Steel Company, finally settled the mat
ter by notifying all the sellers of stock
that upon the presentation OF their
receipts to the proper banks they
would receive the amounts Of money In
full, as derived from the sale OF their
respective shares Of the stock, to-
gether with a dividend. About $780,
900 worth of capital stock was involved
in the sale of the Rellaire steel plant
which selling at $266.6623 per share
of $100, aside from what was given In
lien OF earnings, made the stock really
sell for 1920 1-6 per share. About ST.
IT'S. 900, was the amount of money in
volved in the sale of the stock. How
ever, emily about two-thirds Of this
amount, which is equal to about ST.
45O, 600, was received by the stockhold-
els, OMluS " InC 1LSJ tiloS opOaS OAN
third of the amount, which is equal to
agout $3.50, 900, was taken in stock in
the National Steel Company. Each
stakeholder received, in addition to
$3.50 1-6 for each share of his respective
amount of the stock, a dividend OF 4
per cent, which had been granted them
last January out of the earnings o.
the last six months OF the year 1898.
The Bellaire Steel Company was o n
posed of parties residing at Wheellng'
Bellaire, Cleveland and other points.
Later in the week the sellers OF the
stock, as instructed, presented their
certificates at the proper banks anu
were given their due shares OF the
Mount of money involved in the sale.
William Gill, a member of the Gill
Bros. Glass Pot Company, of Muncie,
n d spent the past week at Bellalre,
his former place of residence, ana III
an interview, concerning the report
now being circulated to the effect tnat
in the near future a great change VIII
take place in the Indiana glass nelo'
owing to a shortage vi gaS, stated tnat
as far as his knowledge = concerned
no considerable change was being CON
templated, at present, by any OF the
Indiana glass manufacturers, and that
the gas supply throughout the Indiana
glass field was not nearly as meagre as
had been reported generally. In truth,
Mr.. Gill reported the gas supply IN the
Indiana glass field as being perfectly
satisfactory for operations, not only TO
himself, but t all parties with whom
he had %conversed in regard to the mat
ter.
On Monday last, the work of putting
I'D q large tank at the north end of the
Riverside coke plant, at Benwood, was
commenced by a party OF Clnclnnatl
workmen, composed of James Mara,
William Gleason, David White, George
Weightman, Martin McDonough and
John Mara, assisted by a number OF the
Riverside mill laborers. The tank will
be thirty feet in diameter, and twenty
feet high, and five or six weeks time
will be required for the placing Of it in
proper position. AS has been stated all
the waste a from the coke plant is
to be stored in the tank, and then trans
ferred to the tube department of the
Riverside works for use.
The Pabst Brewing Company, of Mil
waukee, Wis, are contemplating at
present, the erection Of a new brick
building on South Belmont street in
Bellaire. According to the plans that
have been drawn up, the building will
be two stories high and is to contain
a hall, one hundred feet long and for
ty feet wide and a large bowling alley,
besides other smaller apartments. The
company, also are contemplating the
purchase of a piece of ground neal
Boggs' Run at Benwood for building
purposes.
Last Sunday afternoon the puddlers
at the Wheeling iron and steel works
held a largely attended meeting at the
City Hall, in Benwood, and by a mo-
ton unanimously carried, decided to
make application for a new charter, as
a preliminary step towards effecting a
firm organization. No other business
was transacted at the meeting so far as
could be learned, although it was re-
ported Oh good authority that the
consideration of an advance in wages
of twenty cents on each ton would be
brought up.
SIl olAo lISts q dpRO1At-
ed at a meeting of the employees of the
steel department of the Wheeling iron
and steel works, held at the Benwood
city building, notified President Hub
bard of the company, of the mems de-
sire for a restoration of wages from
the last reduction in 1897, or in other
words, IN increase in wages of II per
cent. on an average. The men granted
the company thirty days time, in which
to consider the demand, and President
Hubbard promised the committee that
he would confer with the steel workers
some time later.
The arctic storage house for the
Wheeling Ice and Storage Company, at
the corner of Water and Twenty-second
streets, is completed. The company
has expended no small sum in equip
ping it. The house contains about the
walls and ceiling some $4,000 feet OF
IL inch pipe for refrigerating pur-
poses. The capacity of the house is
A, 1000 tons. Already the demand for
ice has begun to increase, and as a re-
suit the company's plant will start in
full about the middle of the week.
The Warwood Tool Company is run
ming full with plenty of orders ahead.
A new Westinghouse gas engine has
heen MT in which will he used for