The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-09-02
THE COAL TRADE

Monthly snles Resumed-The Wyoming Dis
trict at Work-Troable Appvehosdcd Among
Lehigh Miners.
The regular monthly coal sales OF the Delaware.
Lackawanna and Western Company, suspended IN
consequence OF the difficulties In the mining region
since May, were resumed yesterday, with the auc-
ton OF $4,000 tons OF Scranton coal, delivered at
Elizabethport. An unusual number Of coal dealers
were In attendance and the large hall was filled to
Its utmost capacity. The operators previous to the
commencement OF the sale manifested considerable
uncertainty respecting the character which prices
might assume. and seemed to apprehend from the
arrangement prevailing In the mining regions that
some difficulty might attend the fulnlment OF
the contracts to be made by the company to deliver
$4,000 tons during the month This reelipg was
somewhat encouraged by a condition in the terms Of
sale providing that 'if at any time the business
Of the company u interrupted by storms, GOODS,
breaks accidents, combinations turnouts, strikes
among miners or other employees, or by any other
source whatever as to materially decrease the guam
iity Of coal which the company would otherwise
have been able to obtain and deliver at Elizabeth
port during the month In which the coal sold Ia
deliverable, the company viii not hold itself liable
for or pay any damages sustained by reason of the
nondelivery OF the coal now sold OF any portion
thereof, although portion of the coal that Is re-
ceived at Elizabethport during said month may In
the usual course Of the oompany's sales and bust
ness be disposed OF Otherwise tnan in the fulfment
Of the contracts made by this sale. Nor
will the company, IN case the coal now sold
among the respective purchasers Of what is deiy-
cred; out IN all cases OF non-deivery from any of
the above causes the money paid on the coal VIII DO
The auctioneer Mr.. John II. Draper, was greeted
with hearty applause as he mounted the stand to
commence the sale, and after the annou ncement OF
was ELECTED by the following despatch read by Mr.
Sloan. president OF the company
SAMUEL sLoANs--Nysng, Diamond shaft and slopes,
Scranton Coal Company BELLEVUE shaft and slopes Dodge
oSns na start All In good spirits and ready and
coal, lo.ooa tons; steamboat, 10000; CRATE 1900;
egg, 10000; stove. $500; chestnut 10000. Total,
commenced on lump coal &C &c. and proceeded very
spiritedly until the first lot was Knocked down at
quantity had been taken, and the price fell to SO 49,
purchasers taking small quantities at intermediate
rates @ Soa rs1 SOLD SE ss 80 Ssk a. which
coal started With about 500 tons At 50 So the re@an
with tons So but Suddenly rose s' 20 ;7 AZ
which price 400 tons we're taken, when the bidding
fell % 50 o2h and 50 60 Stove coal was bid for with
much more excitement than any or the other classes
Starting at 50 So speedily ran up to 81 49, at which
price 200 tons were TAKEN when the price declined,
purchasers taking about 1900 tons at 81 U.s. 5000 at
81 40 and the remainder In lots at 81 42K q 81 As,
and closing VITA the last 200 tons at 81 so. Chest
nut coal sold rst at 50 49, fell to 50 SO, and again
went up, going Oh In lots at 50 90 50 45 and 50 co.
The purchasers consisted principally Of whole
sale and middle dealers. all Of whom manifested
great anxiety to purchase shouting out their names
70 be recorded with most vOcferous eagerness. The
quantity OF each class OF coal being limited the ex
element occasionally became general, making the
sale the most interesting one tnat has TRANSFERRED
The rise In prices over that Of the last sale In May
last ID shown by the following statement Of the
average OF this and the previous sae:-