A new article has been added at Newspaper Abstracts > United States > Pennsylvania > Indiana http://www.newspaperabstracts.com/index.php?action=displaycat&catid=1733 Direct link to article: http://www.newspaperabstracts.com/link.php?id=53726 Submitted by: barbara-dave Article Title: Evening Times Article Date: January 7 1901 Article Description: Coal Fields Page-6 Article Text: The Evening Times January 7, 1901 Coal Fields Page-6 SOFT COAL LAND SOLD. Extensive Purchases in Pennsylvania's Bituminous Field. Altoona, Pa., Jan. 7 - Among the substantial things which the new century brought to the central bituminous coal fields was a boom in the purchase of coal lands almost unprecedented in the history of the soft coal trade. Four big deals were consummated last week by which 10,000 acres of coal lands changed hands at a purchase price at a little over $1,000,000. Most important of these deals was a sale outright of 22,000 acres of coal lands in Yonga, Black Lick, and Conemaugh towns, Indiana County, at $40 per acre flat. The purchaser is a Philadelphia syndicate, in which it is hinted Senator COCHRANE, P. A. B. WIDENER, and Stephen B. ELKING are the moving figures. The territory will be taken up immediately and developed, railroads into the field having already been contracted for. The Buffalo, Rochester, and Pittsburg Railway on Saturday paid out $100,000 for 4,000 acres of coal land in the same county, comprised in the Dickey leases. The big Two Lick holdings of 5,000 acres were sold last week to Dr. William FREAR, trustee for a New York syndicate, for $120,000. The last block sold was 3,000 acres at Graceton, which passed into the McCreary Coke Company for $100,000. ~ ~ ~ ~ ~ ~ ~ PA-Old-News ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ NewspaperAbstracts.com - Finding our ancestors in the news! TM http://www.NewspaperAbstracts.com Also visit our other sites: http://www.AncestorsOnTheWeb.com http://www.Genealogy101.com http://www.AutumnWindz.com