The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1850-08-05
The Coal Trade or 1850.

The quantity sent by Railroad this week Is
81 0sS IL The quantity will be increased some next
week, but not great deal.
ehave no reason TO change views with re-
gard 10 the coal statistics We published last week
Some think we have over-estimatrd the require
ments of the market this yesr-but from all the in
formation we CLEAN from dealers. we sill think
the quantity is not estimated too high. There are
various causes operating in favor OF an Increased
demand this year, which did moi exist IA lS49.
We would remind our readers that they must be
little ious about inforua hon they may receive
with regard to the repairs OF the damaged works,
ly linked with all these improvements, that all
KINDS Of reports circulated To benefit or depress
certain interests, without regard 10 truth, or the ef-
feet II may have upon the coal trade.
IL Is reported that the Lehgh canal will be ready
next week.-Mrs. may be uue-but Il ~ contrary TO
information received from others who have no mo
t,es 10 niisrepresent-but even II true, the Della
waIe division OF the Pennsylvania canal cannot be
ready under two weeks, and we question whether
n boat, loaded with coal, will reach Bristol from
Mauch Chunk under Two or three weeks from thus
time.
We have received no direct information from
EIlwood Morris, Esq., the engineer Of the upper
section Of the schuyikil csnal, as to the time the
repairs will be complsled this Improvement near
Felix's Locks, but a. Gentleman, who visited the
breach, and competent TO Judge, assured NJ that II
could mn he completed To pts- loaded boats before
tie 18th inst Others stale that AZ will be ready by
tie 10Th, and some of the boamen state Mt before
the 18th In the absence OF direct information from
ihe engineer, our readers must form their own con-
clue ions from wha, We have g.ssned,
gentleman CONNECTED with the coal trade at
Rond,ut, called al our office on "Wednesday. direct
G,m the Delaware aud Hudson Compinys
works lie Informed us that the canal had been
i'lsiied, sDd that the filling Of i1e mines would
Boi IetsTd the sbipni"Dts much, beeause they
could draw on those mines above the water level,
aud on the stock Of about 80 900 tons. plrd up at
Honrsdale, which bed tecn uinrd and Transported
over The road last WINTER. He admitted that the
quantity sent IN market this year, 20 Tar, 10 no
In eafrlf nAl Last We ar
also that the quantity could not, under any
cifcunntances, bc Increased this year beyond
60 $50 lie alec stated that they were asking
twenty-five CENTS advance on coal since the
fr.shet. There WIS such an evident ae-ire 20
obtain Information without ,npsrting any, that we
were led 20 believe that the tru' situdon ofaairs
was conceal,d. This impTessfon IL confirmed by
lsiisT ifutn 4 coal dealer ~ New orb under date
Of July 3lst, which says =" The Backawaaaa
Company keep rs dark as midnight ia regard to
the damage 10 tI~ir works, or the quantity OF cod
they have taken ost,.or expect To- take out this
Tie North Branch Canal will not be repaired
under two weeks, vhirh chicks the whole coal
tade from the Wilkessarfe r. con. The only
nalon fiom which any coal j. received at tide
at he present TIM, is from Sohuylhl county by
the Reading ksilrOsd.
u, alers abroad may rest assarrd thst after the
shipments ere resumed Ivy canal. the quantity sent
10 markctfr,m Schuy kili county, to nee. 1, can
net avefsge over 20 900 toms per weei-
Seversl sales Of small lots 81 ccsh have been
made ~ advance Vflcr- stnct me trrshFtHan lnric
b. ne reason whV ~ should not advance Ia 81 per
ton NJ once We firmly believe that the market
be fully supplied for the balance of the sea-
since the above was IN type, we received from
ffisbd The qnantiy Of cod cent to market ny the
Delaware and Hudson Canal Company, which.
t,mpsud with lsst year. y ~ follwss-
Shipuis nts to July 2-t 1870. l6l 251 tons.
Shipm,nts 10 Juiy 2lst, loo. 1855
I.cieate IN ltsO.... .... ......... l2553 tons
We Understand thu fhe purchasers are still scnd-
rR IN th.T orders VI very law rates, fer coal, and
aie III @ hmHIng the rste ~ freight THIS u op--
iatipg WY inJuIicu-iy 20 the trade. Vessels are
now very sta,ce, and the rstes offered are diving
th m away. Whcnihe usd. y fuzzy under " az again,
IN sbout Two weeks. sufficient number Of vessels
cannot D., rhtsib' q, shd ights run up W ~
h.rh tur The balance Of the season.
We ertin uppai that rhe pTice 81 c"e must adj
varte aud he market cannot be supplied
We would advise thr-r who have wharves be-
NV and Ohio are eng erd IN wuing coal here, TO
it, ul 40 The i-Ood coal pfoducrd ~ those Who
ave supply ing tb. mlddl~-nEn NJ Phiiadeiphii. ~
sucu - tL' cabai " 10 uper-tion again. ~ adopt
ifr thls thex Will soon ishr away the abi'itY
81 10 idds. men to deprss the market Ter the
d. sncc ~ the season, whi,h they seem determined
10 do " iheJ ecu.