, 1869-08-07

Views on the Conl ExchnDEo re.
RnrdtnE thC authorizations lkn.
lnOrn AIlonLI:EfOrts OF tho Com.
pnnicn 10 Ncsumr Operations
Wi.nt Conl DcnEcrs say Regarding
ale YFospeCt-.1lVlc0 to tho Public
dc.
From th+ .Stn fvfk World, Auguss4.
Everybody Ii excited Just now on tho subject o
coAl. a1Il an1iou5 to know Ut what price II |!
maintained spl what Is tho psosPecs for rlsG u
excitement pGrsates aliaos. ali clAsscs, rhc polI
an Mlo la,s !li lila ttml tJ the tou OF rss feel,
., ssns;ni, tns spr,sS,!ssion y ,, rres. s1'
sie 10 1" .nnr5 tasi n'ss sroa' H Tks e%u.ufnes " @
who tuths 70 tslirs All average ~ frosl slx u TN
suLior becaUsa ~ taking a'tranlaxr d, Iow 1i,as,
krt hs nlay Hatu fow a11l!aTs N The aggregate
Tho dealer IN a.Rrr 1vAll!es. tJ laa cat9t. iprIs
Al ntpnau thte.rat 4 l!n Auut, ~ tho III 1rrnl,r
III ollaf of oven irss ut tt vii aliecs ii. prs,.
tH Vrnis'FtInlA Tt1 LrHyt observation-disclosures WIN
eal! u thn r"taarH aud drs III ff.ttusaIls NJ tnlla
ana1oIs ncat laas now, atll Eca1!y do MOI knoW
Which NAY 10 turu.
Naln AFr located tha IafHt4t ntsetatorh IN GhAl,
nId to &lIIrh ltalsn All lArke C0ilaulntss frt1fl
iut thu puEpusu u consultation all1 VplI!ng "pst,
cl ~ u lilo statt uf tAs coal HIArket IL nj No.
VI I!ruad~Ay, 0n tho nTxt hour Df Trinity l}uihI.
ing Hero alI tte leading coal companies have
their htsi1nAsters. ot asu represented by agents.
An1 athtF resort dAi!y mud allosi hourly Just no
quarters ~ tho city, i Ia true; but the uews at
one IL conveyed to the Other Will great 1r0ulnst y
and with almost the saue rnpia!ty viii, which The
titws a. tho Gold Room or STOCK Exchange Ii sent
10 various parts Of the city.
TUE COAL syI1EH ......
u jast now the prevailing turic Of conversation at
all the coal headl1a1ttr1- Every morning brings
its rumors, and almost every hour thefo nfe AMIR.
nations or contradictions These varied state.
nenta ntc, IN many tnstances Put adoat with the
object nj affecting fhr tai
carefully considered befora any action Is based
upon them.
sun. the I'ennsyisaula, and The Delaware, Lacks.
wanna and Western Coal Companis arc not at
work, owing to the refusal Of these companies to
ascede to TIE demands q tho ssn thousand o.
Demands which tue companies DO not sec ut to
comply with, which demands, as stated by the
Iepresssntaitses s of ne eompan!es arc that the
certain figure: thet they shall 10 a1loEel to ,llc.
tate the slze Of the cara TINT aro used that they
shall designate how the coal "a weighed: and that
The companies shall employ only such labor as Il
acceptable to the mcu. The companies which
have compiled With these demands are employing
some ~ 0oo men, but i is said that these miners
TO do 50 BY the reduction In the price Of coal,
are nov enjoJlng.
The miners struck In the eatly par: or the sea-
son because, 1t Is stated the supply OF coal In tie
m2iAet le!t over from lasI 6eason was 10 great
that theT found that U they continued to work the
ntncE the price would fail, By reason OF the H.
creased supply thso~n on the market, 70 80 low q
nenle tnat Inc o%hets OF inc aiue3 wonlu reduce
the ta1tN Of wnges, and pfnbaoly discharge some
Of ils men. The MinerS, therefore, consulted to-
CetheE, and Influenced, It IL said, by some design
!ng parties. resolved 70 suspend work until the
oserstocL WAs exhausted, and tho demand should
thereupon become greater. II Is represented that
these miners are generally an ignorant set Of men,
eastly Influenced, ana many Of them q 40 pr1ue..
action, 1t "a alleged that they established basis OF
compromise with the companies, BY which they
were to share In the pfp18 OF the coal, and ootatn
other concessions enumerated ADORE The stnke
was universal through all the mines In the cnsl
region, and, occurring a. 1t did, ~ tie commences
mcnt Of lne season, created considerable apprc-
hension.
ACTION OF TuK pEALESa
Coal dealers ii thia city were, before the strike
anxious to clear out their yarus to make room ior
new supply, for from 50 to s. per ton retau,
while Wholesalers were almost willing to mako
s. 70 per ton. few did SO, but the sequel showed
that their actlon vas too nasty. As soon as the
st5iHe was announced. and iis motiyts and extent
az and 3. aud gradually advanced % @ aud go.
Wholesale ueaess refused to contract for any
Large quantities of coal for tWo reasons: they dtd
and could not determine whether they woolI b
able to denver tue coal 80 contracted for.
VOW TEE a1 &c, o0AL oes; 0o4f4Sns M .,,,,.,
- nsto apleoiSu " o1L t.a1u R.s1 w eAtsihcs!ou
the mining companies, sare those three above
mentioned, went to work, agreeing 70 the demands
yanta oh anI peaT1 T assssnns a ~ WnHsI Waa,
Coai companies argued, u ls SAID that the strike
Noo!o not % OF long dusat1ons that the mcn
hand was considerable, the coal consumers would
NOT au1er oy the sutpfnsion. They, therefore, re-
6olyed TO hold ont against what tneJ considered
the unjust demand OF the mlnera- They dtd 20 un-
til they found that the combination against shep,
was too strong. and then they sought 10 compt1-
nlne- The coal Interests were suffering 70 sucn
An extent TINT many Tuuld be Involved III ruin u
Anc suhpeuheH Cout!uucu 1hetennsslEtilla Goal
"fIu h' t1e w. n1st W 70 sae OF
@ nas 'nrn Il "a3 4oonu LIN! !he Weu
"a' tnoAue's4N ,,