The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-09-27


OFFICE, No. 81 s. SIXTH STREET.,
sECoIrD STORY.
Under the above title q company has been formed, n
onsbo consumers large and small by the aggregate of
their yosrly expend for coal to own tnelr col
lcry and to supply them,eye5 tn the article at cost
The greatly ncrca, ed price, of a commodities, with
the greater still thresienins, should lead
sumers aya themselves Of every prioca-
bic method Of economlzng up1n their consumption
As far as OF Nv concerned this may
bo accomplished by sncnce; but ts nscessaes
other prpople must be called into relusluon.
In the list OF ueccssarcs, few articles hold higher
place than coal In regard to this the mutual pr-
ciple is fortunately, both applicable and adequate
ton OF coal delivered at the yard in Philadelphia costs
about d. Dey the consumers II costs sl2
The difference is So and yet tho cartng only
60 cents.
The explanation is simple. The collier have his
profit the jobber his profit and the retailer
must have his profit. why cannot consumers by COM
blnng for single year tho amount of their expendi-
lures for COAL possesses their lery, and make
II esc three profits for themselves2
The Consumers Mutual Coal Company offers un-
usually favorable opportunity carrying these principles
practical operation. The Company has purchased
old established coory about i've miles above Pottsve,
with steam engines breakers miners houses blacksmith
shops w-m cars mules, and all the equipments for
business OF 10000 tons of coal per and having
right for sixteen years work, mile length, the
beat three veins sohuylk county-thc skidmore vein
eleven thick the Mammoth twenty ave to
thirty feet thick; d tho Seven Foot veln
The collery producing $50 per day Of best
quality White ash Coal and slope Is almost com
pleied which viii It's capacity to 500 per day.
The present cost Of ton of coal delivered from said
conlery at the door of the consumeris-
Royalty mining. breaking loading, &c.........S3 25
Ton and height on Reading 3 6S
Leliycry at consumers 10
| 78
The retail price at the ya 90
Saving the mutual plan per ton s...........sI 81
The ten Of coal per year subscribe
shares stock at $40 per share viii be entitled
at net for sixteen years At present
pro, c will about so tho first year. Should the
pTo, OF coal increase, Is strongly apprehOnded the
saving will be stll ereasT.
The present annual production of the coiery 5OOOO
only, per share of stock but the immediate
infusion OF fresh cash capital into 1t win increase It's pro-
| hyf,r I-nn
tons This will enable the company distribute in cash
dividends the profits 100000 tons Of coal each
year after the present, which at present prices viii be
about $4,000, or $40 per share.
There trcyy probability ma, me cash dir3cHds offbe
first hro vcar -R reiburse 90 the s'ockh.er tie chtirs
cost o. their stock Very enterprises sner equal
inducements. It combines production and consumption
saving and gain. Every householder and business n
In the community can participate aud shoud avail
self Of its advantages.
The payment on account OF the stock may be made as
follows s8 per share on subscribing 81 per share oc
Der lsGi 81 per share November l. 1851; 81 per share
Dec, mber |, 1894.
Tie object Of the Directors Is to render the company
great public bent IT. and to divide s advantages
large number OF nd iduss they have therefore refused
from spectators to take large anoun's OF
stock and unul the 1t day OF October next have limited
umler of shares that be subscribed By person
| to Cne hundred.
The Company il now prepared deliver coal to sub
scrJers at $40 per ub-;rp'on, Tor limited mum
Der of shsrss sgock be made at The occ, No j
SIXTH Street, and orders for coal OBJ aimed
REroRr OF COMMITTEE on SUBSCRIBERS
The undersigned, puruant to appointment, proceeded
ON Tuesday July 70 Potsylle, aud early the ol1 Wnl
day CONNER the inspection OF tAe cocry &c The pro
| perry this company proposes 70 purchase.
They respectfully submit the lolo6lug report as Ia
| resut of Their careful investigation
Firs-The coal is ofgood quality generally, and much
| It is very superior.
ecoad-There Is an inexEantble quantity Of coal N th
tract for the tenn Of the lease al least. In fact we an
assured, with utmost capacity for mining eXceedln
the largest quantity proposed to take ont annually iron
this coely only an impges sion would be made npJn m
vast amount OF coal contained In his trac, OF land.
ThUd-Iho facilities iOr mining ard market are YER
good, there appearing an inc machinery &c necessary 70
expeditions mining The mines being tla nearest 10 F0us
| vlp and the railroad alongside.
Toe new sloue you have ire sucnty heard alluded @
is ycIy superior ons ana is now D process OF eein
finished and which s expected 20 be Ia successful opera
ton rsyy sooa portion Of your committee visited oihe
colieres IN order obtain sufficient knowledge for pr0Ie
comparison The result o this baach Of their labor Is
they not any oosl tract sale or lease that pre-
sentd the advantages for curpWposes as this som
were undeyeopod, others would require immense
money 10 restore their working caPlciy which, at M
bNh price of material and labor, would probably oNcco
the cost OF this, with the UNcerauy OF the fI sUrcG
This CClery noe in complete U0Ilulg order promises.
It may not be improper to state, the royalty rent
this coery only about two thirds the cost Of nearly
the colneriss IN the schuyRm region, tong % cen
agains, 80 % cents, and IN The prcseat lease Of u
Guard lands reach high as 30 to cents per to
whilst the proximity Of these mines to market and q
superior facilities for getting uere greatly enhances
| value OF this c0liCry
WAI. g. TORR,
WA. N. UHLER
WIN. A. ROLIN,
Z. NJ. JONES,