The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1913-10-28

the purpose OF installing scrap bailing
equipment. n neaw shera. carne and
carne runway. in the sheet and Job
bling department: also two boilers OF
500 h. p. capacity each.
From June 30. 1911. 10 December
81. 1912. a period OF eighteen months,
the huge sum OF SS22 900. 10000 was
expended for maintenance and re-
pairs. Dividends for the same period
amounted sto Sl.4s7. 2s5.OO. In addi-
J!on TO this stock dividend of 100
per cent. or s.. 81 400 90. was paid on
October l.. 1912. Thus IL was that by
the 100 per cent stock dividend the
capital stock OF the company was ap-
prOximately' doubled.
During The last six months of 1911
the coke properties OF the company
were not operated, but since that
time they have been running with full
forces OF men and last year 1906
net tons of coke were produced. AT
the present time every department OF
the LaBelie Iron works is working
steady. giving employment TO about
$500 men. The pay roll for period
OF eighteen months aggregates well
over four and one-half millions OF dol
lars.
Probably the next corporation IN
importance TO the LaBelle is the
Wheeling Steel & Iron company.
which includes a blast furnace at
Martins Ferry, a large mill at Ben
wood. the Belmont mill in this city,
blast Nrnace is located. in addition
TO large sheet mills. This company
like the LaBclle, has brenchcd out by
buying for Its own use ore and coal
mines and limestone properties A
handsome office buil6in Is situated In
tho business section OF the city. The
president Of the company l. Mt. Hub
bard, and he has under him staff
OF thoroughly competent lieutenants.
who assist in the successful manage
ment OF -, corporation.
a Dig New Mil.
About the middle OF next month,
November. tho large. modern new mill
Il the Wheeling Sheet & Tinplate
company at Iorkvile. o.. will be put
IN operation, thus demonstrating that
despite the large number OF concerns
now engaged IN the steel and iron in
C"istry in this district. the field 10 not
yet overcrowded.
This new mill has been constructed
az a large cost and the best engineers
In the country have been In direct
charge OF the work. Neither time nor
money has been spared to make the
plant what II IS reDuted 20 be-the
most modern In existence In the
world today Every detail was care
fully worked out before the actual
construction was begun and now that
the plant IS practically completed. u
stands ready 10 produce tin plate Of
the highest quality. The capacity Of
the mill will BE- exceedingly LARGE for
Us size rs q result OF the late innova-
lions which have been installed
The plant f. equipped with 10 tin
mills and these. when placed IN sper-
alton. will nccessitate the employ
ment OF over 500 men. a substantial
increase in the number already en-
ployed IN the industry in this district.
Every building Of the concern has
been erected along the most approved
lines and IN the con auction the com
forts and snfety OF he men who viii
work in them was never lost sight OF.
This one fact alone reflects with
CIedit upon the company.
on August 3. 1912 tho Wheeling
Sheet & Tin Plate company, bacEHd
principally by local capital. was or
panied al q meeting held IN this
city. few days prior 10 the finaI
organization n charter had been Is
sued by the secretary OF state AT
Charleston. 4 meeting OF the stock
officers and n directorate The Of
hcers were: J. J Holloway. president.
Edward Haziett. vice president, and
+. W. Henderson. secretary and treas
urer. Following are tho directors
J. :. Holloway. Edward Hazlett. +. "
Henderson. william F. Stifel. Am
brose s. List. /. NJ Scott H. G. Franz
helm. II. Walker Peterson and VII
liam A. Shirley.
effected several likely sites for the
new mill were taken under consider.
alton. and after carefully viewing the
advantages of each, the tract OF
ground al Yorkville was decided upon
NO time was lost IN preparing plans