Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-07-09
COAL DEAL NOT COMPLETED.
Mcctins to Divide Trafnc to he HeId
Next week - Obstacles Have
Arisen.

ARISEN
PITTsBuRG, Pa. July 1.-THE opinion
was expressed I'm Pittsburg this morning
| that the report from philadelphia that the
entire coal transportation east of the Mis-
sissippi river had been divided between
the Morgan lines and the Pennsylvania
| Vanderbilt lines. Is incorrect, or more
| properly speaking. Is premature. That
| something is pending was conceded by a
leading coal operator, who also acknowl-
edged that a meeting will be held In New
| York next week at which the matter may
be adjusted finally. The bitumin6us coal
interests of Pittsburg will not be partic-
ularly affected by the change. At the
| present time tho Pennsylvania and Van
derbilt lines handle almost all OF the local
product anyhow, but tho West Virginia
and southern fields will be affected some
what.
Pittsburg coal for the east In now all
carried by the Pennsylvania and Balti-
more e. Ohio railroads. A small amount
goes to the northeast over the Pittsburg
& Lake Erie railroad to Youngstown and
thence to Buffalo and other places by
way of the Lake Shore & Michigan South
ern, which are both Vanderbilt lines. In
this respect the local coal operators have
no complaint. as they will not be incon-
venIenced. In Virginia, however, some OF
the Morgan lines are the only ones that
reach the soft coal mines, but an ar
rangement Will likely be made that they
will AXE shipments and deliver 10 the
others at~the nearest transfer point.
The arrangement is understood here to
apply only to territory west of the Ohio
river, as westward there are a number OF
rail- ways, notably the Wabaeh, that are
large coal carriers. The Wabash will be
larger when It effects an entrance into
this city, as 1t will traverse a field rich
in untouched coal beds. However. II was
stated here to-day that there is a posi-
bility that the whole scheme Will yet fall
through because Of several obstacles that
are I'm the way of the contamination OF
the deal. Just what they are could not
be learned.
A telegram from Philadelphia says that
the entire coal transportation east OF the
Mississippi has been amicably divided by
the railway kings. The Morgan roads
are to dominate the anthracite field; the
ACKNOWLEDGEMENTS lines are to con-
troll the bituminous. Under a community
Of interests, now almost contaminated,
each Is to stand by the other.
When j. Pierpont Morgan deciden upon
his great anthracite coal combine, pri-
marily benefting the the Reading. Jersey
Central, Lehigh vsIley. Lackawanna,
Erie and Delaware & Hudson railroad
systems, It was agreed that. In considera-
ton of the hard coal business being given
into his control, the Pennsylvania rail-
road interest should have a free hand to
control the soft coal trade east OF the
Ohio river. To this end Mr.. Morgan was
to assist where possible.
The combination will be absolutely upder
railroad control. dominated by the Penn
acknowledgements interests. The best
bituminous coal properties In Pennsyl-
vania. Ohio. West Virginia. Maryland.
Kentucky, Illinois, Virginia and Indiana
will be taken over into big companies snd
the companies Will be taken Into one
large one.