The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-09-03
CITY HNTELLNG nee.
THE COAL TRADE,

The Scranton sale-The Monthly Rate of
Wages in the shamolxiu Region Dl ssa tisfac-
tIon In schuyIkill-Tho Trade-QuotatIons,
Etc.
The September sale OF Scranton coal took place in
New York on Wednesday. 1t was generally ex-
but, as 1t will be remembered we predicted in our
last weeks article, they were considerably lower
The average decline on the last months sale was
This is contrary to the gensral ruling at this time
Of the year, IT is not very encouraging I for the
gone into effect. But still an opinion is hazarded
by many in the trade that this variation in the
Scranton prices, which is not slight considering
what the advance usually is will have no influence
on business 1t is thought that an advance in price
can be made sufficient to cover both the increased
tolls and an advance rate We give below the state
ment OF the sale in detail.
Lump opened with the sale of 100 tons at s4.27%,
fell off to s415, rallied to s42O fell Off again. 1000
tons selling at s417E, and closed at $40, passing off
Steamboat opened at s440 then advanced to
sl42, and closed at si45, the larger part of amount
Broken opened at s4s5, sold largely at that rate,
but toward the close was weaker, and 800 tons sold
at s476, rallied and closed at s4771G. This size
Egg passed off quickly there being an unusually
small proportion offered, opened at S510 sold down
TO S5OI and closed steady with large sales at $505.
Stove opened with the sale OF zoe tons at $780, fell
OF to S64O, became trine brsker at that rate, and
was run up again to s55O and closed at s547H
Very few large lots were sold the greater part being
taken by small dealers. Many were surprised at the
rapidity with which this size passed away These
quently disappointed.
Chestnut opened at sk10 and was rapidly run up to
N27H, being in particularly good demand at this
price, AT the close 100 tons were given away s42O
amid much merriment.
The following is the rabulaT statement of the sale
as compared with that of last month";
TT; 600 Lump sifS%a$1x 4gi' 81 s.aag957 SS,S 97
10000 Steamer. ............ 44Ca445 440&-
10000 Crate. ............... 475@4S5 4'ST@495
5000 Egg. g................. 5O59510 5O0@502H
Z5,0VO stove. ......'...... 5'4O@5'SO 66O&662E
10000 Chestnut. ,.:..:.:.. 41CS427N 44O@4@o
month Of August in the Shamokin region had been
fixed at s2s as the price of coal at about the same
time that the Schuylkl rate was fixed was incorrect
The meeting of the operators and workingmen's
committees did not take place until the first OF this
month, al oenen the rate was found much higher
than expected. The Shamokin region has the ad-
vantage over Schuylkill in having the choice of
markets. The average price was found to be s293,
and the operators have agreed to pay on the IS basis
for the month.
In Schuylkiil there has been some dissatisfaction
with the finding Of the wages committee. One
colliery near Tamaqua is said to have suspended in
consequence. The workmen generally when4they
resumed did not believe that prices would be lower,
and this belief was fostered by some operators who
have been Dragging about their high prices. Conse
quently the dissatisfaction.
The trade is brisk, and must necessarily be so on
account OF the increased production, or stagnaton
will ensue. Vessels still continue to arrive and the
shipments east are increasing daily. At Boston,
within the last ten days, forty schooners have
entered, laden with coal from this port,
The new ventilation bill will, where enforced,
tend to reduce the production somewhat. In col
lierles where there is but one opening, not more
time. This, however, will affect New York more
than Philadelphia, because greater number OF the
mines in Schuylkill are provided with two or more
openings, either exit passages or ventilation shafts
There are about twenty colleries in LuZerne county
which have been served with notices to work but a
limited number of men on account OF a deficiency
in this respect.
The coal dirt utilizing schemes have at last been
brought to what appears to be satisfactory termi-
nation. company in Carbon county is now at
work manufacturing an improved article OF COM
pressed dust which is said to give great satsfac-
ton. IL is in the form OF cubes about five inches
square. contract has been concluded with the
Navy Department for the supply of the article. 1t
is cheap, is well adapted for being packed closely in
vessels, and is remarkably free from impurities.
At Mauch Chunk there were transported south,
during the past week. over both railroads and canal
130 l0611 tons against 1906 93315 tons the previous
week, an increase of 2e, 1926 tons. During the
responding week last year 9I,1A01 tons were
shipped, an increase for 1870 OF 32, 9S2I0 tons
The following the prices OF coal by the cargo
at Port Richmond for shipments east of Bordentown
and south Of Cape Henryto other points rates 40
cents per ton higher than the quotations.
Schuylkill Red Ash, s4'SO@4'90; do. Steamboat,
A25@440; do. Broken, s4'60@4TO; do. Egg $1,000
$50; do Stove, s4'7O94 So do. Chestnut S31O63.90.
Egg, $3.50; do. Stove, $500: do. Chestnut. 81.
The following are the current rates of freights
from Port Richmond for theEweek ending Sept. 2:-
Bangor, S2SO@2S5; Portsmouth, s2'S59290; Bev-
ery, s2'70: Boston, S26092 IS; Charestown, S2'l0;
Danversport and district, S2T0; Dorchester, S2'70;
Lynn and district, $27O Medford, s3'15; Salem,
22T0@2S0; Newport, $685. Providence, $3.50
250; Aliens Point, S2'30@2'35; Norwich and tow,
s230@235; Brooklyn, S1'35@l6O New York, 81 500
1'65; Hoboken sl'359160; Jersey City, S13591 go;
Georgetown, $3.50.
THREE HORNS IN NEW YopK op rrp THE JIrncoN