The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1855-05-03

demand and price; It Is for dealers ana .on...
whether this dull period shall early so !. An -,
an advance in price, late, after thew .halI
have taken in their supplies and when course sverv
decline to their disadvantage 4repsa that purshas
ers Of coal the control and regulation pxisss il
their hands, and that nothing Ia needed but Hrm-
moss on their part and determination not to be hum-
plugged and moreover that they shouli not DO induc'
ed to buy than they actually need for present
uses by the idea that one advance must necessarily
be followed by another, but let them dslsy
large purchases until II 10 absolutely necessary
to make them, and they viii find that they
hold In their hands power which they
have hitherto little suspected There arc 81.
ready indications OF resolution among producers Of
coal to psy last years. game again they can, but
it hoped that the good Of the community win
Illustrate their designs II Is utterly absurd that
tice which be mined and carried to Philadelphs
for shipment under present rates Of labor and tolls at
cost not exceeding average % 90 psr tom, to
New England, should command nearly . dollar
higher, when every one knows that ons-fourth
Of that difference will pay the producer q pro-
at sufficient to afford exceedingly handsome
return for the capital invested The production Of coal
anomaly in the business of this country No other
article Of anything like Its value in the aggregate ID
produced within so small surface, and by 30 small
numbers and this fact while it makes association and
good understanding among producers easy and exceed
ingy profitable makes also necessary that those upon
whom they depend for means to carry their opera
tions should understand and be prepared counterfeit
any attempts at imposition. There are no means by
which this be effected except those adcated above
and to the OF these recommend every purchaser
of the article.
There is another feature Of this trade which, very re.
markable Certain large incorporated mining companies
the habit of opening their books and taking large
orders for COAL to be delivered during the at
price be fixed by the sellers shortly before deliveries
Now this is doubtless very convenient and
profitable operation for the sellers, and blame at
taches to them for managing their business in their
way but It is after all only another branch Of the
humbug before alluded to- It perfectly astonishing
that any purchaser should submit to be 30 whipped In
to buying blndfold. 1t becomes Of st greater
assonishment when it is known that majority Of these
blind purchases made by large steamboat and
ufacturing concerns, managed by gentlemen who have
the highest reputation the community for shrewdness
and business tact. There is matter which, though
universally understood among the coal trade 10 not well
considered by the community generally Coal cannot be
piled in large quantities without heavy EXPENSE and
for this and other it Is necessary for producers
to find market fast, nearly fast, the article
produced and this Is great inducsment for them
to secure orders for dev ry through the When
the price is fair and moderate one, there is
why such orders should not be gven but il is perfectly
plain that months suspension Of all orders for ship
ment must either reduce price stop producton the
latter alternative is not very probable when the profits
great. If consumers and dealers will throw away
the advantages Of their position be it. but again
repeat that the regulation of prices in their hands