The Fairmont West Virginian. (Fairmont, W. Va.) 1904-1914, 1910-07-22
BIG Coal deal !.
PUT THROUGH /! {.
DAVIS COAL AND COKE
MAKES BIG CAPTURE.
WILL SUPPLY GREAT TONNAGE
10 THE BETHLEHEM STEEL
WORKS.

The biggest single coal contract
ever let In the East has Just been OBJ.
tanned by the Davis Coal and Coke
Company from the Bethlehem Steel
Company which runs for period Of
20 years, and exceeding s6O.OOo,OOO.
Announcement OF the completion Of
negotiations that have been going on
some time between President Charles
y. schwab, president OF the Steel
Company, and President B. F. Bush,
OF the Western Maryland, also head
Of the Davis Coal and Coke Company,
and Mr. G. H. Smith, who has charge
Of the operation OF the company's
property, was made yesterday after.
noon at the office Of Mr.. Bush in Bal.
timore.
The 'proyislons Of the contract,
which have been signed by all parties
concerned callfory the delivery by the
Davis Coal and Coke Company, to the
Bethlehem Steel Company, at South
Bethlehem, Pa, for by.product coke
ovens that are to be erected at South
Bethlehem. The contract will start
on the completion Of 800 ovens by
Mas. 1912, and It is to fun for 20 years.
The minimum tonnage that is to be de.
liyered to the Steel Company per year
is 10000 tons, while the maximum
tonnage Is 100000 tons, as required
by the corporation.
Many Coke Ovens.
The construction Of 300 by.product
coke ovens Is now under way. The
Bethlehem Company proposes to add
300 ovens later on.
To fulfill the big contract which 1t
has obtained, the Davis Coal and Coke
Company has planned to expend about
sl,5o9,eoo; in improving its property.
The corporation Is now opening three
new shaft mines and one drift mine
near Thomas, w. va, Those mines
are 70 be ready for operation next
hpmmeE They are to be of fircprool
construction with all modern appli.
ances, including a central power sta
ton at Thomas. In addition, several
spur tracks have been constructed a,
this point, leading into the new min
Ing property, which, is now being
opened up. Contracts already let for
work amount to approximately $780,
600.
Steady Employment.
Il Is stated that, by reason of the
contract with the. Bethlehem Steel
Company, which, as stated, is the
largest single coal contract, and of
the longest duration ever obtained by
any coal company in the eastern part
Of the United States, the Davis Coal
and Coke Company will be in posi-.
tions to give steady employment to l.
600 minerssfor period OF 20 years.
In regard TO the price Of the coal to
be delivered under the contract, It is
explained that the coal is sold at the
mines, but is based on tho delivered
cost at Bethlehem, and Involves an
amount considerably In excess Of
;s0.oo0.OOO.
y AS the result of the contract being
awarded to the Davis Coal and Coke
Company. the Ws~tern Maryland Rail-
road Company will derive material
benefits, as all the coal tonnage orig
mating at Thomas and assigned to the
Bethlehem Steel Company will be
hauled over the lines of the Western
Maryland to shippensburg. Pa, where
it Will then be diverted to the lines
Of either the Philadelphia and Read
ing Railroad, the Lchigh Valley or the
Central Railroad OF Now Jersey.
The big tonnage assigned to Beth
llehem will mean that the Western
Maryland Will have a steady source of
reynue for a period OF 20 years.
The negotiations, which were con-
cluded yesterday, have been in prog
ress for months and President Bush
and his assistant, Mr.. C. H. Smith,
have spent considerable time over
the many details of the big contract.
Both were highly gratified over the
success that has crowned their efforts
anu they have received many congrat.
ulations on consummating coal con-
tract for their company involving such
0 large sum OF money.
ITa. t.L. g