The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1864-09-23

EDWARD D.. JONES, No 6ll Arch street.
HENRY g PAUL. 40. AZ Walnut street
r.F. CLAYTON. No I55 N Third street
THOMAS r. GAKsED, No. iOs Chestnut at oct
OFFICE, No. 81 s, SIXTH STREET.
SECOND STORY.
Under the shove title company has been formed. 70
enable consumers large and small by the aggregate OF
their ycsrly expcnd for coal to taeir COZ
ery aud to supply themselves with the article at cost
The greatly incrcs ed prices of a commodities, with
the greater ncrcase atm threatening, should lead
suncr to devise ard avail themselves syOry prAccA-
bic mehcd Of economSins upon their own consumption.
OF HE concerned, this may
be accomplished by alb 'ncncc but as to It's noccssaies
other prr cpro most be called into reluIslton.
In the list Of neoossarcs, few articles hold hgSer
place COAL and In regard to this the mutual prr-
rpie is fortunately. both applicable and adequate.
ton delivered at che yard In Philadelphia
about a. Dolh orod at the consumers door It costs Si2.
The difference S5 yet the cost Of cArng only
10 cents
The explanation Is simple. The collier must have hs
pron the jobber must have his profit and the retailer
must have his profit why cannot consumers, by COM
blnng for single year the OF their expendi-
for coal, possesse, their liery, and make
Il csc three PROFITS for themselves?
The Consumers Mutual Coal Company offers an un-
usually favorable opportunity for carrying these principles
into practical operation The Company has purchased
old established colery, about i've miles above Pottsvie
with engines, rtakers miners houses blscksmlth
shops, mll cars mules, and all the equipments for
business Of 5000 tons per anuum and having
right for sixteen years work orer mile in length tho
best three veins In sohuylk county-the skIdmOrO vein
eleven feet thick the Mammoth ven from twenty-five 10
thirty feet thick az d the Seven Foot vein
The coery producing 40 tons per day of best
quality White Ash Coal, and sopei almost com
pleed which VIII ncreases capacity 800 per day.
The present of ton Of coal delivered from
coliey at the door of the consumcrB Isl
Royalty, mining. breaking, loading, ,&c........S3 %
Toll and freight on Reading Railroad. 63
Delivery at consumers door..................... 20
S79
The rctaprce at the coal yard %
Saving on the mutual plan per ton ls....,......St
The consumer ten tons Of coal per year subscribe
ten shares Of stock at SO per share will entitled
coal net cost sixteen years At present
prices will about $50 the frst year Should the
price Of coal increase is strongly Apprehended, tho
saving viii be stll grealer.
The present annual production Of the ooiery 5000
only ton share Of stock bot immediate
infusion Of fresh cash capital into 1t viii increase pro-
ducton before The end of the year. rate OF 900
tons. This will enable the company distribute In cash
dividends the profits 10000 tons Of each
year the present. which a. present prices will be
about 800 COO. or so per share.
There is srcry probability na, me cash dirdends efths
drs nro year, r repbrsc 10 me stockholders me eHtrs
cost Of their stock Very few enterprises can ener equal
Inducements. II combines production and consumption
saving and gain. Every householder and business
In the community participate and should avail him
Selroris advantages.
The payment account Of the stock may be made
follows 81 per subscribing 81 per share Oc,o-
ber IGl 81 per share November l. 1861 s. per share
December l. 1864.
The object Of the Directors render the company
great public aud W divide its advantages among
are OF ind' duss they have therefore refused
sey from spt cuaors "a take large amounts OF
stock and unul the day October next have limited
numier Of shares may be subscribed by person
10 one hundred.
The Company is prepared to deliver coal to sub
scrbes S7i0 per ton. Subs hscrpons Tor limited num-
shares OF STOCK be made at the ONCE No o. g.
SIXTH Street, and ordsSO Tor coal obtained.
]
The undersigucd pursuant appointment proceeded
on Tuesday Juy ?, to Pottsve, aud early the following
day commenced the Inspection Of the coey, &c the pro-
| perry this company prOposts To purchase,
They respectfully submit the following report as the
result OF their careful nyestigaton:-
F.tThe coal good quality generalls and much Of
It IS very superior.
Ssc0udThore ineNhaustibe quantity Of coal In the
tract for the tenn Of the lease at as In fact we are
assured with our utmost capacity for mixing, exceeding
the largest quantity proposed to take out annually rom
this couler only an impression would be made upon tho
vast amount of coal contained In this tract oiland
7dfrd-The facilities mining and market are very
Good there appearing all the machinery, Gc necessary for
expeditions mining The mines being the nearest to Potts
vile and the railroad alongside
The new slJre you have so frequently heard alluded to
slavery superior one, and is now IA process OF being
finished ana which is expected to be In successful opra-
lion ryv ssop portion o' your committee visited oher
rouere, In order 20 tbtn sufficient knowledge tor roper
compason Tie result this branch Of their lab0r Isl
they did not find any coal an on sale or lease nat pro
cued the same advantages for cur purposes as TINS somo
were undeyeopcd others would require immense sans OIL
money 10 restore their working capacity, which, al inc
high price OF material and labor would probaby oA'''
the cost Of this, With the IiHc4taay OF the ~. A"'-'
this oolery Hor In Jmp0io Fo'aty order p' .
nov n, t ,,rorcr 10 state, royalty or rent o.
u. eolery is only about two thirds the eos. oI h.ArS an
me coulerles IN the sohuyhill REGION D'hs z, o'.l
against 30 or as cents aud In the present eA'o OF mo
arard lands may reach as hish as % POI o
,aer,er ,ac,les for rctung there gIesly enhances he
| WM &. TORR
WM. NJ. UHLER,
wM. A. ROLtN,
| r., NJ. JONES,
CHAs, Z, MATHEWS.
| PnuApLLwuA, August TO- 1904 0'23-lm