Evening Republican, Volume 17, Number 62, Rensselaer, Jasper County, 13 March 1913 — SOLD IRON HEAP; ALL TO BE SHIPPED [ARTICLE]

SOLD IRON HEAP; ALL TO BE SHIPPED

B. 8. Fendig Has About a Thousand Tons of Old Iron Which Will Bo Moved at Ones. B. S. Fendig came down from Chicago Wednesday and reported that he had sold his entire quantity of old iron, which he had been accumulating for several years at his junk yard. The piles of iron have assumed enormous size and Mr. Fendig estimates that at this time he has from 1,000 to 1,200 tons. There has been some censure of Mr. Fendig for not having the iron moved before, but as the iron represents an investment of something like SB,OOO or SIO,OOO, and there was no market for it that would let him escape with anything like an even break, it was scarcely fair to ask him to move it until a fair sale could be made. This he has now secured and The Republican learns that he will receive about sl2 a tor, and at this rate the iron will bring him from $12,000 to $15,000. He asked that The Republican inform any who inquired that he would have it all moved by April 2nd at 2 o’clock in the afternoon. He will let the contract for hauling it to the depot to some teamster and expects that It will be moved at the rate of 100 tons a day.