The Cairo bulletin. (Cairo, Ill.) 1???-1928, 1905-07-23
ALSO HAS OPTIONS ON MINES
IN THE HARRISBURG DISTRICT
Will Have Daily Output of $4,000 Tons--May
Try to Squeeze Out Local Dealers by
Establishing Agents of
Its Own

sents actual value and not water 1t
is claimed for the new company that
ii is one of the strongest financially
in every respect of any recently or
ganized in the coal industry, and that
ii will give a good account OF itself
as dividend payer and in returns to
stockholders.
Big Four to Be Coal Road
In connection with the acquisition OF
the new property the plans of the
Big Four railroad and the Indian Har-
Dor are necessarily attracting atten-
ton
Some months ago it was determined
by the Vanderbilt interests, which own
the Big Four road. that the Cairo div
islon, extending from Cairo to Dan
vile, should be developed into coal
road. Betterments were at once un-
dertaken, and a number of million dol
lars are now being expended in
Strengthening the right Of way, elm
mating curves, reducing grades and
thus equipping it as an economical
carrier OF iow-grade freight. These
improvements are under way at pres
emit, and it is expected thar all Of the
betterments will be completed the
present summer.
A continual on of the Vanderbilt
plans Is found in connection with the
| Indiana Harbor road. This line is be
| ing rapidly extended south from In
diana Harbor on Lake Michigan. 10
| Danyille where 1t will connect with
the Big Four. It Is understood that
the contract made by the Indiana Har
Dor requires that this stretch Of road
shall be in readiness for operation by
November fifteenth at the latest. By
the early winter the new coal carrier
from Cairo to Chicago will be in com
plete operation, which VIII permit o.
the distribution of the coal produc
of the Saline county fields in the Chi
cage trade and TO the northwest by
means Of connecting lines.
In addition there will be the south
west distribution of this coal to thu
southwest through Cairo, as gate
way. This will result In a broad mar
ket. which will absorb the production
of the present mines in Saline count.
and all that are likely to be develop
ed in the immediate future.
President Thomas J. O'Gora, tn
head of thu new combination of Hin
DIS mines. has attained great success
in connection with the coal industry
There May Be Other Mergers.
! The formal on of the O'Gara Goa
Co. is particularly significant bacaus
of the fact that it may be the fore
runner Of numerous other consolida
tons in Illinois as the Deering Goa
+, Co was the forerunner of the numel
Gus combinations that have been form
J ed in the Indiana field Practical
4 there has been no important conso
] dat on of coal interests in Illinoi
: since the formation of the Illinois Co
l lieries Co two years ago, althoug
I competition has been so strenuous 9
= times that Ii was believed this wa
b the only means by which reasonabl
profits could be. conserved to operatin
q interests. If developments follow {
e rapidly In Illinois as they did in |
$ diana, within period of eight month
s or a year dozen coal companies ms
$ control almost the entire output
II the state. In Indiana six or sevc
g companies now control over seven
? mines which were owned individual
t- or by small stock companies less tht
G Ia year ago. Far this reason the fc
Y ymation Of the O'Gara Coal Co. mi
d prove an important feature in come
e zion with the future coal trade of h
IS state.