Staunton spectator and vindicator. [volume] (Staunton, Va.) 1896-1916, 1905-05-26
INDUSTRIAL NEWS
Items That Will interest Our
Readers.

''O"S shot VIII IutOs oSt w
Readers.
An officer of the Baltimore & Obi
Railroad says that the company vii
= spend considerable money in changln,
}. its line and constructing a new depo
= at Wheeling, w. Va.
( The Albemarle & Farmville Railwa
3 Go. of Charlottesville. has been char
f tered with the following officers: T.. o
Troy. president, Amherst, Va; s. s
Hopkins. secretary, Waynesboro, Va.
Vesuvius Mining Co. has been incor.
porated with $40. 900 capital stock fol
the development of iron ore mines, and
a plant has been equipped for a Ca
pacity of 100 tons. which will later be
j creased to 250 TONS
The Cassiday Coal Co. of Lexington,
KY has purchased the Diamond and
Manchester coal mines near London,
Ky, at an approximate cost of $780,
600. The mines have daily capacity
of 25 or 80 cars, and until recently have
been operated by the New Diamond
Coal Co. of Altamont, KY.
| Among the new development being
undertaken in WestVirginla coal fields
by Pittsburg capitalists is the Rex
Carbon Coal Co., which recently pur-
chased 5000 acres of coal land in
Brooke county, adjoining the boundary
of Washington county, Pennsylvania,
between the Wabash and Panhandle
railroads.
President James M. Barr of the Sea-
board Air Line is reported in dispatch
es from Norfolk as saying that while
the SeabOard has not purchased any
coal lands in the southwestern part of
Virginia and Northern Tennessee, such
tracts, however, have been bought by
Measrs. Ryan, Blair, Dennis, Green
and Coolidge, who are interested in
the Seaboard.
The Carnegie Steel Company has
plants for the construction
at Y Youngstown, Ohio, of five new blast |
furnaces of 500 tons each daily, fifty |
open hearth furnaces of 100 tons ca
paclty daily, and will add several plate |
and structural mills to it's Ohio plant.
The additions to the plant will require
the services of about 5000 additional
hands, and entail an expenditure of
about 10000, 900.
Secretary of War Taft has accepted
a joint invitation of the American
Hardware Manufacturers Association
and the Southern Hardware Jobbers'
Association to attend upon the open
ng day the convention of the latter
oody at Hot Springs. Va. in June.
he may possibly make short address
1t the joint session of the two bodies
tuesday afternoon, June 6, and will
speak at the banquet that evening.
The Wall Street Journal says: 1.-The
contract for building the first 100 mile
tretch OF the Tidewater Railroad
which is to parallel the Norfolk and
Western, is likely to be awarded in the
7ery near future. Considerable activ-
ty is being displayed IN clearing titles
o right OF way and arranging all de-
ails preliminary to the actual COM
nencement of active construction
work.
1.-The Tidewater Railroad is designed .
% parallel the Norfolk aud Western
rom the West Virginia coal fields to
idewater. The new road will have it's
eabOard terminal at Roanoke, and it |.
S this section, constr uction of which
will be easy, that is to be built first.
n o surveys, apparently, are being made
n the mountain section and there is
doubt as to whether there
s any longer real purpose to push on
% the coal fields. The part now in
land meets with no engineering diff
iculties and the cost per mile will be
yery light.
1T seems entirely probable that the
lection of the Norfolk and Western
which the portion of the Tidewater
low in hand Is to parallel will need to |
De double tracked by the time the lat
er is built as the growth of business
will undoubtedly, sooner or later, de
nand such change. Under the Cir.
Norfolk and Western peO-
Die regard the building of the new line
With equanimlty.