Washington sentinel. [volume] (Washington [D.C.]) 1853-1855, 1854-08-18
EvIDENCEs or RUIN.


The following statements with regard to the
coal interests in Pennsylvania show the char
acter of the ruin produced by the revenue act
of 1916. A few years ago the Pennsylvania
Golfers were c.amorous for additional protec-
ton, and the wing press on the eve Of every
election declared that they must perish with
out it,
The Coal TRADE.-The Pottsvile Miners
Journal of Saturday says the shipments Of coal
from that region for the last week were 1000
tons more than were shipped in any one week
before, and 1871 tons more than the cores
ponding week last year. 1t says: This is the
big week-boats we're plenty and were dis.
patched as fast as they arrived. The shipments
by both avenues, are the heaviest ever made
in one week from The region-the whole ma
chinery OF the transporting companies were in
motion, and both are above their average capa-
city, There will be falling off next week, or
we will be greatly mistaken. Miners and la
borers appear to be as plenty as the shipments
indicate. The demand for coal continues as
brisk rs ever here, although great effort is
making at Richmond to reduce prices. II will
fail, particularly as far as regards prime coal
some of the trash that is palmed off on the mar
ket for coal, when the article is scarce, may be
affected in price little but on all other kinds
the prices will be maintained here. Our oper-
ators are in a position now, that they can hold
on, and they will not sell for less. Wages are
high, freights are high, and they are deter
mined to have good price for coal this year,
to make up a little for the fleeing of former
years at Richmond. And besides, as soon as
the dew begins to fall, the machinery on rail
he yaI t.>t L.,
and the supply must consequently lessen as the
fall approaches
The Philadelphia Ledger Of Saturday says:
eve have had another weeks heavy coal
tonnage the past week. There were shipped
on the Lehigh Navigation Works, for the week
ending on Saturday last, 38,7l8, making the
shipments for the season up to that time of
582,G59 TONS The shipments on the Schuyl-
kill Navigation, for the week ending on Thurs.
day of this week. were 30,590 tons, making for
the season 5000 TONS The Reading rail
road brought down for the week 54,498 tons,
making for The season by that work the very
heavy tonnage of l,256,453 tons, against 949,-
GA tons to the same time last year. The ag-
gregate tonnage by the three lines for the week
is 1886 tons, and for the season 2,356,023
tons. With all this heavy supply the demand
is steady and prices are undated.
The same paper of Monday says:
"The coal product of the present year is,
from the Pennsylvania region, 244, 433 tons,
and from the Maryland region, So, 1872 tons in
advance of the product of last year, making
total increase for the present year Of over three
hundred and fifty thousand tons. The coal
consumption for the present year is estimated
at 6,325, 900 tons, allowing an increase offfteen
per cent. on the consumption of last year. A
similar rate of increase in the two regions for
the balance OF the year would make an aggre-
gate increase over the production of last year
of about 100000 tons, and render their joint
product about 100000 of tons. This, it will
be seen, would still be $685. 900 tons below the
estimated amount demanded for the consump-
ton of the year. The amount of the estimated
demand to be made up during the balance of
the year is 3,453,564 tons, Of which Pennsyl-
vania has to send to market over two millions
and q half of tons between the present date
and the first Of January. The Cumberland
Journal, from which we gather the above facts,
regards it as tolerably certain that the supply
of coal for the present year will fall short of the
demand, and that the presumed deficiency will
be large. The increase Of the Cumberland
coal trade the Journal looks upon without a
parallel in the history Of such enterprise. In
1912 there was sent to market ,f0s tons; in
l843, l0,0S2 tons in 1874, 24,S90; in l845,
24,653; in ls46, 29,195; in lS47, 52,940; in
l84s, 1851 in l849, l42,449; in 1850, 1866
849; in 1851, 257,397; in 1852, 334,l6ei in
1853. 533,9S0; and up to August, 1854, $685. 54
TONS"