The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1870-08-27
CITY INTE ELHG E NC Il.
THE COAL TRADE.
The Rate of Wages for August-Tbe Mex
Scranton Sale-The Advanced Rates of Trans
portaiion-q Quotations, Etc.

The Rate OF Wages for August-The Next
Scranton sale-The Advanced Rates Of Trans
NEUTRALITY-SUSPICIOUS., Etc.
According to the agreement entered into by
the workpgmen and operators, a committee of
five from each side met in Pottsville on the 25th
instant for the purpose OF fixing the rate of
wages for the month of August. According to
the agreement the average price for the month
was to be obtained by referring to the books of
five firms selected by both parties The follow
ing is the report of the proceedings of the joint
committee of ten for the Schuylkill region
PoTTsvILLB Aug. 26 $780, Whereas, On the 2oth
day Of August the President pro tenn. OF the Board
Of Trade ana the President pro tenn. OF the w. B. A.
whose books or accounts, sworn to, should fix the
wages for the present month of August. Tue ac-
counts OF the following firms, SO selected, were
sworn 10 before justice OF the peace as correct,
viz. -
Geo. W. Cole, chosen by W. b. A.
Thomas Goal Company, chosen by Board OF Trade.
Hin G. Harris, chosen by w. b. a.
= John Lucas Co., chosen by y Beard % d OF Trade.
EendTlck Dovey, chosen by w. b. A.
After careful examination of the accounts as
given in by the above firms, find the average
price OF coal from August to August 20 to be
$2S6h, thus reducing the wages 81 per cent below
basis.
Signed ny the several members of the two com
mttees representing the Anthracite Board of Trade
and the Workingmens Association.
This $2'S5% is the average price of coal at
Port Carbon, and accordingly the wages of the
miners and lahOrers will be reduced 81 per
cent. from the 50 basis
In the Shamokin region q similar committee
found the average price of the month to be 81 81
The next monthly auction sale of $4,000 tons
of Scranton coal by the Delaware, Lackawanna,
and Western Railroad Company will take place
in New York on next Wednesday. No great
advance in prices is looked for at this SALE and
decline Is even thought probable. 1t is not
yet near enough to the winters demand TO in-
sure a much higher rate.
The Pennsylvania Coal Company in the early
part of the week, following in the wake of
Reading, announced an advance of 30 cents per
tOnin September. This is bad for the operators
nj present prices. But of course the railroads
must have a finger in the pie
The trade at this port is dull. There is some
what OF demand, but prices are unchanged.
If the production increases and the orders do
not, temporary further decline may be ex-
Peeted, though ii can hardly continue for any
length of time.
At Mauch Chunk there were transported over
both railroads and canal during the past week
106 933'l5 tons, against III 59S 10 tons the pre-
Vious week, decrease OF 10, 664 10 tons. During
the corresponding week last year 102,0l1 '05
IONS were transported, which shows an increase
for the week of 1870 of 1922 10 tons.
The following are the prices of coal by the
cargo at Port Richmond, for shipments east oi
Bordentown and south of Cape Henry; to other
points rates are 40 cents per ton higher than the
quotations
sehuylkil Red Ash, s415a4sO; do. Steamboat
t4-95@s44o; do. Broken, s45OCs47O; do Egg, 81 500
go; do Stove sioos!7o; do: Chestnut, s3.lo9s9O
Egg, $40; do. Stove, s476: do Chestnut, 81.
The following are the current rates of freighti
from Port Richmond for the week ending Au
gust 26:-
Bangor, S2S0s2-s5; Portland s2T0; Portsmouth
s2s5s2'sO; Boston, ssTo@2 75; Gloucester, s2s5
LINN and ds., t21O Manchester, 50; New Bedford
$3.50; Roxbury, s2S502s0; Salem, s2.70; Wey
mouth, 1875; Bristol, 1890; Newport $3.50; Proyi
s956; Middletown, s2q5; NorwIch and tow, sSsos
9S5; Albany, 81 eO Brooklyn q 'S568l 90 New YORK
slS5@l 90; Sag HarDor, $40; West Chester, tl'T0
ngt0I, fp9; Ricbmond, sls'Si 70; charlsss0p, g.