Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1900-01-29

of WheeIing-The Omcers and Di-
rectOrs.
The Register has heretofore made
mention of the big deal for coal prop
critics in Wheeling and vicinity, in
which Prof. John M. Birch, of this city,
and VIM M. Dunlap, of West Alexan-
der, Pa, have been actively engaged
for some months. A full statement of
facts in connection with the matter has
been withheld until this time, for the
reason that the success of the scheme
might have been joepardized by a pre-
mature publication. The gentlemen
who secured the options on coal terri
tory, experienced considerable difficulty,
| and were forced to allow a number of
options to expire. Farmers were quick
to see the advantages they would de-
rive from the success of the scheme,
however, and little or no trouble was
experienced in renewing the options.
The deal is one of considerable mag
nitude. This fact is concisely expressed
in the following statement taken from
the printed prospectus of the company.
The Wheeling Consolidated Coal Co.
has been organized for the general pur-
pose of operating as one organization the
coal fields in and about the city Of Wheel
ing, w. Va, on the general lines as stated
in the letter submitted herewith, and made
part of this prospectus.
The company will begin business owning
several valuable mines, now producing and
shipping coal, and the ownership and con-
troll of $500 acres, more or less, of the
finest coal in the Wheeling district; the
water front holdings of the company will
extend along the Ohio river for about eight
miles and running back from the river,
along the Pittsburg division of the B.. &
o. railroad about Is miles; from it's various
| openings, it can supply coal to every rail-
road entering the city of Wheeling.
1t is estimated that the company will
have in it's various properties (Which are
continuous and can be worked in combi-
nation) over 100, 900, 600 tons of coal, which
would enable the company to mine 6,000
tons daily for so years before exhausting
its present holdings. The home market of
Wheeling at the present time is using
more than 1000 tons daily, and the compile
ton of several projected manufacturing
plants, which are being located in Wheel
ing, on account of the superior steam pro-
ducing qualities of the coal found in that
locality, will require several thousand tons
additional coal every day. The company
proposes developing it's property as rapidly
as possible, making new openings and in
Producing the most approved modern ma
chinery.
The following letter, addressed to
the Trust Company of North America,
j. A. Miller, l.. E. Sands and other
interested parties forms a portion of
the prospectus:
Gentlemen:-The Wheeling Consolidated
Coal Co. has been incorporated under the
laws of the State of West Virginia, to ac-
quire and operate the producing coal mines
in the Wheeling district, and to CONSOLE
date into one company, and under one
management the available coal lands con-
tiguous to the Wheeling market.
l would enumerate the properties as
follows:
Elm Grove Coal Company, Elm Grove,
West Virginia, four miles east of Wheel
ing on the P%ittsburg division of the Balti-
more & Ohio railroad.
The Glendale Coal Company, Glendale,
w. Va, four miles below Wheeling, on
the Ohio river and on the Baltimore &
Ohio and Ohio River railroads.
The Boggs Run Mining and Manufacture
ing Company, Wheeling. w. Va, on the
Baltimore & Ohio railroad and within it's
yard limits.
Twenty-Five Thousand Acres, more or
less, of which about l 800 acres of coal are
owned by the above mentioned mining
companies; also interests and equities in
lands located on the Ohio River, the Pan
Handle, the Baltimore g. Ohio and the
Pittsburg division of the Baltimore 81
Ohio railroads, and running along and
having a frontage on the Ohio river about
eight miles and a half, and extending on
both sides of the P%ittsburg division of the
Baltimore & Ohio railroad for about 10
miles from the city. and comprising prac-
tically all the available coal lands near
Wheeling. These coal lands are contiguous
to each other and so located with reference
to the mines, that large quantities of coal
can be taken from them through the
present openings.
Inc industries located IN ana near NHe6l-
ing have been exceedingly prosperous in
recent years, in consequence of the super
ior advantages of location. With the de-
velopment and prosperity of these indus
tries the market for coal has greatly in
creased. a careful canvass shows that
over 1000 tons of coal are used daily in
the local mills, factories, breweries, rail-
roads,, and for domestic purposes in the
Wheeling district. The amount used is
certain to increase for some time to come.
Wheeling is much nearer the great
lakes than the majority of mines which
supply that market, and it has lower
freight rates. The Wheeling & Lake Erie.
and Cleveland, Lorain & Wheeling rail-
roads, connecting tn. lakes with Wheeling,
bring about 500 cars of ore per day to the
Wheeling mills. From go to 800 of these
cars are now sent back empty. An ample
supply of cars is therefore available for
shipping this coal TO the lake markets.
The location of this coal property on
the Ohio river from 100 to 15 miles nearer
to the lower river markets than the Pitts
burg and MonongaheIa miles, with much
better navigation, and for a longer period,
makes it especially available for sale in
the lower river markets
The coal mined in this district is one of
the best steam and heating Goals in the
United States. The Baltimore & Ohio
railroad engineers prefer it to any other.