New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-08-10

the videst demaDd-a demand winch, no~'''' 49, r.
this exhsustless region VIII Do iuny ao'o =" o0' '
ne peT afione 10 come. .,,,o. --Ltoh
The Cumberland Coal In the peculiar quaues "hicn
1.-Two ia chief value stands with only one kno ~n CON
ne,itor In the world. There 10 no otner coal oil the
pe description and quality In America, and but one
similar 90. cmen In the British domibions This later,
Welcb Coal. from a nop-expCrnng dtuict mas sc'
ou,red the sOabrque OF Steam Coal ana s sent 70 as
tapt Naval Stations In Africa aud Asia for the use oil tnai
Navy which claims the doninion OF the Sea FOR tne
generation of steam and for mechanical purposes, the
Cumberland has been repeatedly established, not ony
BY critical scientific tests but by actual pr4chcsl ana
continuous use be decidedly In sd vance Of any ool
species of coal on the American Continent IL suPpIe'
a vacuum In the necessities OF The country inousu
hgh,ful for domestic purposes, yet, witnou' 49, haan
frnping upon the uses which the hard c1aI na. 49,
mainly devoted il has capacities tor othe, ~,
TO most of bich the anthracite, II not ina -
its equal For manufacturing pa poses ~ u - 49,
or No blacksmths forge on when IL mas onoo
10 stranger TO it theresftrr ns anaIgs. bn, CON.
NOT epy demonstrated by chemical analysis oL. Don ~
srned hv i,s universal use-with single eXcepuon VI
nonasaoed machinery-by the Atlantic s'eainsl'' cu,
II. sdvantsg es for locomotives may De inferred Iro
,b ct tbst some railroads reading the re-
jon. avail II e1selves of steam generated oy tue Cuu
bnsnd coal TO draw their own fuel to market a re-
nom made 10 the New-England Railroad companies "
aoen, select, by them declares that they must turn
,h,ir attention 10 coal their permanent fuel we iooA
with confidence the period and that not distant Wnen
almost every locomotive east OF the Aeghanlrs viii ne
rive its propelng power, not IRON tnat tnoe e
y
the now dormant forces of Cumberland coal Ohe 'un
of this material holds in abeyance, ready TO be etooe,
In the form of steam, as much motive power a' Iwo
an onehaf cords of the best Virginia pine wood lne
American forests are failing subseTve the numer
Gus uses for hch heat ia required Inc hungry !ur
naces Of and locomotives have devOured tne
growth Of thousands OF acres 1t is easy 70 estimate
from their re- alive prices the one from its growing
scarcy becoming all the while dearer and dearer, ana
the ober from improvements in the facnties OF us
transit becoming all the while cheaper and cheiper-
Lta. al ~. ytny1
contest between wood and Cumberland coal Tor the mo-
nopOly of generating steam. $3.50
The affairs OF the Company, whose report we puoisn
appear be in the most prosperous condo not merely
nsuring large dividends to the stockholders but as
furnishing the guaranty that ths great cold held Low
available permanent source oil national "ea.h
With a charter granting the fullest powers placed De-
yond even Legislative amendment Tor years come
having capital of FIVE millions and yet retaining 81,
10000 Of the capital stock In the treasury-no ding
600 of coal land with the right TO Increase 70
II 0O0-out of debt-wth 100000 OF working capital
caDaboats and barges to the extent oil SJoecJ u Win
railroads. miners houses and other improvements TO tho
amount Of Sl4054 50-with coelbank 10 draw upon
which has an nexhaustbe currency In It's yaults-wlth
two greet to market built at public expense
with Dand that outruns Il means OF supply-with
the pacty Of placing the coal 10 market at coat
and price which may easily realize adoar tun profit
controlled by cautious and responsible men-his not
difficult 10 perceive that unprecedented success
awaits its labors Five hundred thousand tuns per
mum, which the company may easily bring, would, at
the esmsted profit after liberal deduction, produce
dividend Of from l2 to Is per cent upon the 5000 900
of stock uow issued.
But dealing with the subject Ia It's more gener-
al bearings We do not speak Of this with any section
al view or as regarding individual interests or In dis
paragement OF the anthracite or bitumnous Goals bur
refer to H. and greet it, as an invaluable addition TO the
available opulence of the country a new resource,
a energy, new power. We have need OF II, and
of ALL national marine is taking its place up
the waters and multiplying with amazing rapidly
But few years since, within the recollection of the
young, ocean steam navigation was thing unknown
Within the period OF fifteen years, the ocean steam
herald from the Old World pulled the announc sment
of its arrival it powed the astonished Of
the New. Europe and America approached, and weeks
achieved what months had done before The practca
bity Of the application of steam 10 ocean navigation
demonstrated and from that day TO this the num-
Der of steam vessels has augmented In rspidlyin
crea,ng ratio Lines to Liverpool 10 Bremen 10 Hsvre
TO GLASGOW to Cbagres 10 Savannah 10 Charleston and
Havana, 10 New Orleans and Galveston, 10 Panama 20
San Francisco have sprung into existence and the fsc
the rivers Of California and Inland waters
with the steamprOpeled travellers OF the deep
Az the old wndms of the country have knuckled to
more active power and now cepse TO deck tue land.
scape with their ccng and skeleton arms, must the
swelling canvas, which rises picturesquely the
view, as it comes up the horizon, give place to that
most potent engine, that overtkes and leaves far be-
hind.
So too armies Of aborers are interacng tie country
with countless iron tracks whose locomotives ult
mstely, and soop be fed with the provisions
strangely accumulated in the peaks OF the Aleghanies
The manufacturing anG mechanic arts, also, reach
Ing remarkable extent aud perfection, and furnaces
and forges multiply with the progress of cur population
and business. New uses for steam constantly arts
ing, aid all this, Independent Of the nnumerabe do
nestle hearths, which acknowledge the kindly influence
of coal.
The statistics of the anthracite trade may we'll awaken
surprise This trade is only about thirty years old Ia
1890, the entire shipment 365 tuns. Think oft In
$780, l42 734 tuns Ia ls40 S76049 tuns In 1850, II
reached the enormous quantity OF 3332,34 tuns; and
still further TO show at what rapid ratio he demand s
Increasing, In 1851 the amount was 4, 3S 739 tuns-an
Increase the preceding year of more than million
Of uns Since 800 5re than thirty three millions of
tuIs have been supplied 1t has been confidently pre-.
diced, upon calculations based on the past rate of IN
crease, that the demand for Anthracite In 1850 will
reach ten millions of tuns per What will II be
In 1907 What In 1897 For the encroachments of
coal upon the to which wood has heretofore been
applied and the new II has d'ic Jvered are now &C
eruins more rapidly than ever before
The statistics Of the Cumberland Coal trade are more
astonishing, and hold out yet brighter promise This
trade 10 but nine years old. In ls43 the sales we're
964 tups 10 1851 they 635O0 tuus and for the
current year, they may be safely estimated 10000
BY the report OF the Cumberland Company appears
that they send 10 market (Which the Railroad
alone,) 400 tups per diem-an amount which, by the
restoration OF the Canal has been Increased since the
date OF that report to six and eight hundred uus and
the Directors that they expect to transport
during the ensuing season, 1880 tuns per day,
Coal is essential element In the strength, the
greatness end the prosperity of the nation Euglaud
calls her coal mines her Black Indies and yet
only excsvate this important material from narrow
Iata-veins OF the thickness of which a. present
entirely dsregarded 10 the Cumberland feld-and then
must hit TO the light from It's deep bed at
and labor. Here the miner picks at a vein of from
eleven seventeen feet In thickness oetachng times
a tun's weight from its ancient bed and the rail
stand at his side upon It's subterranean track Into which
he may shovel the gstening mineral, without stirring
from bis tracks.
We occupy considerable space In our columns with
THE topic TO DAY for il is subject that fills large space
only in our national interests, but in the comfort
happiness and prosperity OF every individual 10 the
Markets CAREFULLY REPORTED FOR THE TRIBUNE
MONDAY, Aug9
ASIIFS-The market IS steady but quiet Sales of 80
bbis 81 75a 81 81 for Pots and s. 5o0$5 o6 Pearls
COTION-The demand is active, hut CHIEFLY on sp-cus-