The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1913-05-18

pany has acquired 100000 ceres I'm tho
coal fields OF this section, and will
extend their development over three
counties. Letcher. Pike and Floyd. and
employ thousands OF men in the de-
velopment work.
Jenkins City, so-Cnlied.
Another large development concern.
the largest In this country, is the Con-
solidation Coal Company. composed
largely OF Baltimore and New York
capitalists. now actually transforming
the sections Of Elkhorn Creek and
Boones Fork, in this (Letcher) County.
spending millions of dollars in devel-
opment work, building cities, opening
mines. etc. employing over 5000 men.
THESE people started the work of
preparation looking to the development
or that section nearly two years ago,
since which time Jenkins. city. an
industrial centre of 5000 people. has
sprung up as IL by magic while Nc
Roberts. close second, with a popula-
ton OF 5000. or more. is the result of
their work. while hundreds of cars of
the finest coal in the world is being
shipped out every day. This to be
largely increased from time to time
during the summer months The work
or development of the Consolidation
Coal Company is something unusual In
the development of this country
nothing Ike 1t having ever been at
tempted before. The company came
into the Elkhorn and Boones Fork
sections. then a practical wilderness.
Saw and planning mills. brick plants
etc, were established. and in less than
three months there were 1900 people in
IN, df emory9 town: Upon the compilation
Oh Inc baltimore and Ohio Railroad
into Jenkins, there We're approximately
5000 people and n thriving little city
extending for miles along Elkhorn
Creek Gree. Including the hustling sub
urps. Bui dine and Durham, there are
now over 5000 people in jenkins. while
the city continues to increase at a rapid
rate.
:, To-day TO-DAY there are solid bushes.
graded school building. one Of the
largest mercantile establishments in
Eastern Kentucky or Southwestern
Virginia; a, $4,000 capacity brick plant.
large planning mills. an ice plant. a big
bakery. Y. NJ. c. A., city hospital, 34o.-
coo office building. water works. light
and power plant, the biggest power
Plant Plant j., south }uth of the Mason and Dixon
McRoberts. too, is making rapid strides
In growth and will become a close sec
ond to Jenkins. Within We years, it's
promoters declare, jenkins and its sub
urbs, including McRoberts. twill con-
tain from $4,000 to 10000 people. UP
to this time the Consolidation Coal
Company has spent goodly part OF
the S40.o00,000 in the development, but
IT Is said that this sum will not be suf-
ficient and that further capital will be
had to further the development work
and make II what was intended In the
beginning. Behind the Consolidation
Coal Company are the Watsons, mil
lionaires of West Virginia.: Senator
Camden and John c. c; Mayo, million
| nj 4 ~
Ashland. Ky: ]. ]. Johnson, of Balti-
more. and others well known in the
financial world
The coal is being shipped out from
In It's raw. state, but it is said that arr
engagements will be made later for the
product to be cooked in Louisville
Associated with the Consolidation
hind the Eikhorn Fuel Company, which
was recently organized to begin imme
d Ola deyelopment in this section, hav,
ing acquired large area of fine coal
lands. beginning at once, this com
pany Will begin developments in other
sections OF Boone's Fork, Beaver and
nockhouse Creek. and as result new
cities will spring up as IL by magic.
IT Will be necessary to build two or
three short line branches of railroad
In order to reach all their property,
other company. a close third, will be
the Mineral Development Company. a
! Hniladelphia corporation, that Will be-
gin within the next month the work
OF developmcnt-the development Of
| the 10000 acres of rich coal lands in
| the Younts Fork and Baker Fork OF
| the Boone section In Letcher county
| Millions of dollars will be expended in
| these Developments. Divers other
small concerns. however, will be in
the HELD making developments, among
them being Wizard Investment Com
pany, the Kentucky River Coal Com
pany, the Eastern Kentucky Ceal Com
pany. the Rockhouse Coal Company.
the Mayo Coal Company the Slcmp
| syndicate, the Houser Coal COMPANY
II. Hardaway and various other small
| er concerns. each of which will shin
thousands OF tons of coal annually
| With some of these concerns the work
of development has already been start
| ed. Just what Eastern Kentucky will
show in coal shipments within the
next twelve months will be difficult TO
| conjecture. Harlan County will show a
large tonnage over the Wasioto and
| Black Mountain, as already the Wis
consin Steel Company is shipping hun
dreds of cars daily and making fire.
Coal Company has begun shipping on
an extensive scale. The Clover Fork
| section has number of large opera-
| lions.
Perry County. south OF here is com
ing in with three or four large coal
operations. which will make large
increase. In the shipments over the
| Louisville and Nashville this year. In
| fact. the financial world is looking
with interest upon the Eastern Ken
lucky coal field and its future.
TWO NEW SHIPS.