The New York herald., 1869-05-24
THE PENNSYLVANIA COAL TRADE.
The Bogus strike Virtually Ended-fIaIf "a
Million Tons Surplus-.duch Lower Prices
Predicted.

Predicted.
From the Potisvlc Miners Journal IN the interest
OF the large operators), May p.
The quantity sent IRON Sc6uy lkili county this week
is T15 TONS by railroad against 106 ass for the
corresponding week last year. The suspension was
total IN Schuyk county, and only about Ia 900 tons
sent from the Lehgh region last week. and the
quantity sent thus week was doubt, considerably
less the reports of which VIII appear In next.
While the suspension here was total and almost total
in the Iehlgh regions aud also m the Shamokin re-
gion except for coal going West the companies In the
Wikesbarre basin continued and shipped the usual
supply 20 market Many Of the individual operators
also suspended IN the Wyoming region. but tele-
gram states that several have resumed work IN the
lower end OF the BASIN again, because the men em.
ployed by the companies did not suspend. This, OF
course, virtually breaks up general suspension.
and the question now Is, what VIII the other re-
gions do In the present state OF the marketl schuy-
Kill and Lehigh has suspended yearly two weeks,
and the surplus IN the market has only been reduced
IRON the highest point as follows:-
May g. excess over last year.............. 127,140
Reduction last TWO weeks. l1ooOt
Surplus lus...................... $50 $50
Stlll leaving surplus in the market OF $50, $50 tons
after suspension Of nearly two weeks. II must
also be recoleced that the trade was suspended six
weeks last year commencing the hrst week IN july
In Schuylkill county, and the supply IN the market
al the time was about 600 600 tons. When the ship
ments were resumed this surplus was all withdrawn,
aud the supply was about 45 900 tons short OF the
supply In 1861 II now evident that the Schuylkill
aud Lehigh would have TO suspend almost entirely
for period or lour weeks more TO reduce the sur
plus that would be thrown into the market. This
Schuylkill cannot and will not do, and thus bear the
whole burden. "a she dld last year, by which m
lions put into the pockets or those who worked
on. This is the state Of the trade now,
and the question naturally arises, what " 10 no
dOney At present there ~ no market for the coal,
and one weeks work would send the prices down at
least a dollar q ton and wages &C. must partake OF
the decline. Even then our collicries could not be
worked much more than half time unless the carry
ing interests unite with the operators In reduction
Of rates 20 enable Schuykil county ~ receive her
share Of the business
We have not learned what course the Miners Asso-
ciation propose taking under existing circum-
stances. one thing Is certain, the suspension has
failed 10 become general owing to the control OF the
mining and carrying companies, and 1t cannot be
organized again because the Wyoming interest seem
10 nave impressed the miners with the idea that they
will derive no benefit from lhe suspension but that
IL will ure only to the benent OF those In the other
regions, hence their determination not TO unite In
this measure under such circumstances. The only
way nov IL for a interests to look the matter full IN
the face aud adopt the most expedient measures To
relieve themselves from the present difficulties;
operators miners and carriers are equally interested
In its solution. A different policy might have been
productive OF different results. but we must take
things as they are and act accordingly.