Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1900-01-28
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The Monongah Company, which
owns over 10000 acres of coal land
along the Monongahela River railroad
in West Virginia, has leased portion
of its property to various companies,
which it is calculated will increase the
production of its yield to about $780,
900 tons annually. One transfer lep-
resented about 5000 acres to a syndi-
cate which, it is stated, will open mines
with capity of 500, 600 tons annually.
The thirteenth annual report OF the
interstate commerce commission for
the year ended June 30, 1899, covers
reports of 691 railroad lines, repre-
senting 1876, 245.80 miles. The total
gross earnings of the railways were
81 1907 ,253, 4S4, an increase of $59 1921, =
1858 over the previous year. The op-
Grating expenses were 1852, 428, l05, an
increase of $34,545, 1929. The net in
come, from which is taken interest
on bonds, taxes, permanent improve
ment charged to the income tax, div
idends and other analogous items, was
$454 ,825,379. The surplus from the
operation of the railways was $780,,
76S, 209, a decided advance since the
year 1895, when there was a deficit of
S31 ,075, $50. Dividends declared last
year amounted to $S2,204,S20.
The Riverside rolling mill will prob
ably resume Monday The rolls were
put in position Friday, and from this
act it is thought this department will
resume this week. From good author
ity it is learned that an early resump-
ton of the tube mill is expected. This
will be good news to many of the
workmen. The steel department is on
in full and will have a good steady
run. In regard to the real estate sit
uation in Benwood, the property which
the National Tube Company wishes to
buy adjoining its property, it looks as
though the company have given up any
idea of buying, as the prices asked
are eXorbitant, and that the company
could not afford to pay any such
prices. 1t is to be hoped that this
matter may be adjusted and the COM
pany will go on and make their de-
sired improvements.
The industries of this city are prac-
tically unchanged, and the summing Up
of the weeks work will show that the
gain, if any, has been very small. But
il can be said that the outlook for the
future is much brighter, and from re-
liable sources we are able to say that
the next two weeks may find num-
Der of different departments of the
mills now idle, in operation. The re-
tail trade has been feeling the effects
Of the past weeks activity, and all will
be glad when all the mills and factor
les are on. AS January is always a
dull month, one may expect more bust
ness by the first of the month.
Beilaire is still up 10 the standard.
All of her industries are on Ia fun, and
with the assurance of a steady run.
The three stamping works, better
known as the Enameling works, are
having a remarkable trade, each works
sending ware all over the States, and
each one hasAlg a high standing with
the trade as to the quality of their pro-
ducts. While the city has been known
as the glass city, which gave it fame, it
has now gained a reputation for the
above goods. Each factory is on in
full, with the Enterprise working day
and night, being so rushed with orders.
Official statistics from twenty-one
leading cities in the United States
published by the Construction News
show that the cost of new buildings in
1899 was S209,900,000, an increase of
more than $66,OO0,000 over 1898. Of
course, New York led, with S,2SS
buildings costing s136, $40. Among
the other cities mentioned are: Wash
ington, with 2,711 buildings, costing
S6,041 SAB; Kansas City, 1886 build
ings, costing s4,160.700; New Orleans,
1869 buildings. costing Sits, 4O5, and
Atlanta 2,125 buildings, costing ST.
293, 1897.
The Bellaire Steel Company has no
time to consider such an idea of shut
ing down. The entire plant Is an 10
every department The filing in of