i STEAM COAL - Clpdigital.org
i STEAM COAL - Clpdigital.org
i STEAM COAL - Clpdigital.org
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40 THE <strong>COAL</strong> TRADE BULLETIN.<br />
spare time to better equip himself for the twentieth<br />
century business life. In the spring of 1893,<br />
he entered the offices of the B. & 0. railroad at Connellsville,<br />
Pa., as stenographer. The fall of next<br />
year, he returned to the Pennsylvania railroad offices<br />
in Pittsburgh, continuing there until December,<br />
1897, when he became associated with Whitney<br />
& Stephenson, bankers and brokers, then located<br />
in Fourth ave., Pittsburgh. In October, 1899,<br />
upon the formation of the Monongahela River Con<br />
solidated Coal & Coke Co., which was <strong>org</strong>anized by<br />
Ge<strong>org</strong>e I. Whitney and Col. J. B. Finley, Mr. Barber<br />
became secretary to Mr. Finley, continuing<br />
in this capacity until March, 1901, when he was<br />
appointed paymaster and clerk in the treasury<br />
department of the river company. He was elected<br />
assistant treasurer in October, 1904. Mr. Barber<br />
is married and has two bright and handsome<br />
children and a beautiful home at No. 7 Whitney<br />
Terrace, Pittsburgh. Aside from his happy home<br />
life, his hours away from business are largely<br />
devoted to the recreation afforded by out door<br />
sports. THE <strong>COAL</strong> TRADE BULLETIN desires to join<br />
Mr. Barber's many friends in extending sincere<br />
congraulations on his steady rise in the affairs<br />
of one of Pittsburgh's greatest enterprises.<br />
Certain Alabama newspapers regard as a great<br />
joke the statement of President Smith of the<br />
Louisville & Nashville, that furnace coal rates<br />
will be exempt from the general 40 per cent, increase<br />
in rates because the former cannot stand<br />
the advance. The astute Mr. Smith has no desire<br />
to be or appear facetious. He is simply<br />
proving that he is too wise to kill the goose that<br />
lays the golden eggs. There is a chilly time<br />
coming, also, when it will behoove him not to<br />
pluck the valuable bird quite so thoroughly as<br />
he is preparing to do now.<br />
—o—<br />
James J. Great Northern Hill's remarks regarding<br />
the "Panama ditch" are on a par with<br />
those of the man who calls the Atlantic "the<br />
pond," but who endures six days of sea-sickness<br />
to get across it. If the "ditch" were open now<br />
Mr. Hill would not be begging coal from the<br />
United States government naval stations to get<br />
his ships across the Pacific.<br />
—o—<br />
Statisticians are still busy proving that the<br />
world will be run by natural water power fifty<br />
years hence. This probably accounts for the<br />
large number of coal land owners reluctantly<br />
accepting from ten to twenty-five times the original<br />
cost for their holdings.<br />
—o—<br />
Now that the coal market bear has gone into<br />
his summer hibernation, producers and dealers<br />
may pause between orders to consider what effect<br />
his annual rantings might have had if anybody<br />
had paid the slightest attention to him.<br />
— o —<br />
The Russians have found some more "inexhaustible<br />
coal deposits" in Northern Manchuria,<br />
but the official dispatches indicate strongly that<br />
they will not be worked this year—at least by<br />
the discoverers.<br />
— o —<br />
The phlegmatic Dutchman seems to have as<br />
good an eye as the next one for a safe and profitable<br />
investment, judging from the reports of<br />
foreign orders for high-grade American coal stock.<br />
— o —<br />
Congressman Burton's statement that the Ohio<br />
river inspection trip is a matter of business, with<br />
the pleasure and entertainment features of minor<br />
importance, has the right sound.<br />
| CONSTRUCTION and DEVELOPMENT, fi!<br />
Contracts are being awarded by the W. G. Wilkins<br />
Co., construction engineers, for a thoroughly<br />
modern coal and coking plant for the Struthers<br />
Coal & Coke Co., to be located near New Salem, in<br />
Fayette county, Pa. The Struthers company is<br />
controlled by the Struthers Furnace Co., of<br />
Youngstown, O.. and it is understood that the<br />
output of the new coking plant will be consumed<br />
by the latter concern. A battery of 160 coke<br />
ovens will be erected. The contract for the mine<br />
shafts has been awarded to the Dravo Contracting<br />
Co., of Pittsburgh, and oven machinery and equipment<br />
contracts will be awarded within the next<br />
few days.<br />
Since the Deepwater Railroad Co. has won the<br />
important case involving the right of way through<br />
Jenny's gap, W. Va.. the announcement is made<br />
that work will be commenced immediately toward<br />
extending that line through the great coal fields<br />
sought to be reached, forming a connection later<br />
with the Guyandotte VaUey railroad, which has<br />
its terminus at Huntington. This is a part of the<br />
general network of plans of the Wabash system to<br />
reach the coal fields, and the legal obstacles having<br />
been removed, the work is to be pushed with<br />
all the energy possible.<br />
The H. C. Frick Coke Co. has decided to erect<br />
large and substantial machine and car shops at<br />
Trotter and Leisenring No. 3.<br />
Sunday in Wheeling.<br />
Leave Pittsburgh in the morning; return in the<br />
evening, over Pennsylvania Lines. 8.20 a. m. train<br />
Central time from Pittsburgh Union Station has<br />
parlor car. Returning parlor car train leaves<br />
Wheeling 2.55 p. m., arrives Pittsburgh 5.05 p. m.