Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1901-06-14

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Branch viii be Abandoned-Road
to Touch the ssKlondike. Field.
Representatives OF the New York
banking houses that are to finance the
Pittsburg, ConnellsVille & Wheeling
railroad project were in the city yester-
day canvassing the local situatios. Very
little work has yet been done upon the
road. About four miles have been
graded east of the junction of the
Moundsville and Wheeling branches
The New York gentlemen in the city
are Mark W. Potter, of the law firm of
Hornblower, Berne, Miller & Potter; j.
II. Hurlburt, of the banking house of
Hurlburt, Hatch & Co., and c. o. Brown,
consulting engineer.
These gentlemen had made some
changes in plans for the road, and also
desired to acquaint themselves with the
local situation relative to the prospects
for floating portion OF the bonds. Dur
ing the day they were in consultation
with many of the representative citi-
zens of Wheeling, and with Hon. James
Patton, n w. Evans, S. Bayard and
Capt. ]. B. Donley, of Waynesburg, Pa
The Wheeling people who called upon
them were Messrs. 0. c. Dewey, A. S.
ict T II CaDdc Movor II Cr-aa,, oxr
Guy A. Wagner, H. P. McGregor, Hon.
Geo. A Laughlin, Col. ]. A. Miller, W.
C. Irvine, F. G. Caldwell, B. ". Peter
son, t. c. Moffat, the Railroad Commit
tee OF tie Board of Trade, consisting OF
G. E. Stifel, H. b. Mcclure, Geo. House,
Clark Hamilton; and the executive COM
mittee of the Trades Assembly, Messrs.
A. L. Bauer, John Donahue, NJ E.
Tracy and Grafton A. Beall.
Their plans were outlined to all of
these gentlemen, and appeared to inn
press all very favorably. The sugges-
ton was made by Wheeling gentle
men that Ohio county should be asked
to buy 100000 worth of the proposed
issue of 100000 of bonds. This met
with favor from the visitors, inasmuch
as they will take s1,000,O00, and If they
can show that Wheeling is interested
to the extent of taking half million.
they feel that it would greatly as
sist them in floating the remainder.
1t was arranged to bring the matter
before the Board of Trade at the meet
ing to be held tonight, for considera-
ton by that body. The Eastern bank.
ers will pay the expense of special
election, if it be decided to submit the
proposition to the voters of the county.
The proposition is not for subscrip-
tion to the stock. but for the purchase
of a half million first mortgage bonds
of the railroad company. 1t means
that the building of the road is as
sured. The matter is very important,
and for that reason a good attendance
of members is desired tonight.
The Eastern gentlemen outlined the
changes in their plans to a Register
reporter who called upon them at the
Mcclure last night. On the western
end of the line the most radical change
is the abandonment of the proposed
Moundsville branch, connecting with
the Wheeling branch at Shepherds, in
Marshall county. Wheeling will be the
western terminus Of the road, and the
tipples for the shipment of coal south
by river win be located in Wheeling
instead of Moundsyille
The general headquarters of the rail-
road have heretofore been in Mounds
vile. The will be removed to
Wheeling, and the general operations
will be conducted in the future from
this city.
TIL original plan was to make Mills
boro, Pa, the eastern terminus of the
roSd. This has been changed. The
old route running in a northeasterly di-
rection from Greensburg to Millsboro
has been abandoned, and instead the
route will be almost directly east to the
Monongahela river. This route will put
the road in touch with the rich coal
deposits in what is known as the
.Klondye" coal region.
The reasons advanced for this change
are excellent. The fields lying north
have been worked for years, while in
the "Klondyke" they are virtually un-
developed. The new steel trusts have
acquired extensive coal properties in
that section, and the p, C. G W. road
will naturally be selected as the agency
of transportation The distance from
this field to the Ohio river by the pro-
posed route is just one-half as far as
by the roundabout Pittsburg route.
The coal has excellent coking quail
ties, as has been proven by analyses.
The advantages to he derived nv