The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1851-07-18
The Coal Trade for 1881.
[ from the Miners, Journal /

The quantity sent by railroad this week, il %,
3t1 I5 by canal, 20e} 1l-for the week, 80 ~ %
Total by railroad, s75,30l %; do by canal, 23s,-
3g5 O3.
The lth Of July has, of course, intcrfered con-
sideraby With this weeks business, and reduced
the shipments about $500 tons below those last
! week.
The shipment by canal, last week, of % sl7 TONS
was the heaviest made in any one week since the
Enlargement OF their works They despatched Z ,l)j
tons IN one day from the different landings
The hot weather will drive n large portion Of the
population out Of the cities, AMI the demand for
coal must necessarily slack oil, to a certain extent,
for the ensuing few weeks. Inc advance of fifteen
cents on the toll by canal, after the 18th inst il is
believed by many, will diminish the dem aud for the
New York market, while others contend nat those
manufacturing establishments located on streams
leading into the Delaware, and which can only be
reached by boats, will avail themselves of the tenn
porary stagnation in trade to lay in their supplies
and thus Keep the boats fully employed. For the
last two mon.ns IL was dIfc alt to obtain boats to
run to these points. We advise all those 50 stu
atcd to embrace this opportunity to lay la their
stock, and also those located the line Even At
the d,apced rate of toll, coal can be delivered by
canal to New York and adjacent places, cheaper
than 1t can be delivered by railroad, or supplied
from any other region; consequently the trade will
shortly be brisk, and the boats will be fully en-
lo,edto supply winter stocks in New York aud
,lscw here.
Between this and early in August, the boa. c,pa.
city of the canal will be considerably increased by
the completion oftweny of the large class of barses
for the New York trae this will increase the weekly
boat capacity about ,OW tons. The company have
also lot OF cars IN the of construction nj
Reading for the lateral roads
Our impression IL, that all the machinery of the
canal will be used ut 10 cents toll provided IL is un-
dcIst,od that further advance in the rates will
take place this season. Under no circumstances
ought the toll to be advanced hey ond ~ cents per
ton, u they desire to gain strength by establishing
confidence, which is all important In the manage.
mcnt OF their affairs. The open and i'm partisl CON
duct pursued by the canal npany has gained them
hosts Of iiebds ard II little pat encc is exercised
ana sacrifices made for the present. IL will result
IA not Only making their property productive in a
short time, but permanently valuable after wards
"A different course of policy will only increase bur.
thens, destroy confidence. and result in utter
bankruptcy.
The Richmond men, from what we ian learn are
heartily sick of their bargain with the railroad.
psiucu'arly those engaged IN mining In this re yioa
lheir coal nets them, on al average, FROM fifteen
to twenty cents ton less than thai sent by canal
tut they are Gin for H., as the saying is And they
must grin aud bear it," u,ti the season IL ovs,
We doubt extremely wheth,. many Of tbcm will
he caught in n similar arraneemcut again IN
su,ahcc ON the canal will, howtvcr aid tbem n
tte after The seventeenth, provided the railroad a.,
rot make asiu liar advance of which There 4. -.
d'sPwiiion manifested ON the part of a porton =,
me Board This deposition Is pre,icated on the s.n
lvstIoh mat the machinery ofthc canal no y i'm ma,
ala nil WI the company can oh All this vear vl,
IOt give them weekly average Of more than about
zu,uouiuhs Tor the remainder of the season thus
tniOwhg the balance Of our product on tasir road
lor an outlet, under any circumstances. As the