The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1871-06-03
THE COAL TRADE.

klOh the EhttebOn AfGtuent OtheT
Mining Accidents-The ReSding Mining
Company - The Scranton Sale Quota
tions, Etc.
The anthracite coal regions are now all working
oriskly, except az Hazleton and Beaver Meadow,
where the men are still holding out en- the ground
of SEINE small technicaties the offer OF the ope-
rators, though the men are all anxioas to resume.
1t is thought likely that this region will also begin
work before another week has passed. for every day
that the hold out the chance lesseDed OF good
wages. The market Is being supplied steadily from
all the regions and the later they in coming in
the less benefit will they have OF the steady prices
caused by the former scarcity. mutual spirit of
concession to very email degree, is all that is de-
sired on both sides to produce complete resump-
The recent Pittston disaster has had at least one
good effect In connection with its many evils which
s the better observance Of the spirit OF the venta
ton law, before dead letter. SO general has been
the neglect OF its provisions that II 1t were generally
enforced the effect on the production would be very
perceptably felt The inspectors are, however, now
bestrring themselves somewhat fearing to bring
themselves into the same trouble as that in which
the one who should have inspected the Pttston mine
has become involved. But there are so many ways
Of evading the spirit OF the very poor law that is
amount to much after all. The only way under the
present circumstances to surely prevent repetition
of the Pittston and AVondae horrors is to appeal
successfully to the conscience and generosity OF the
Numerous accidents, many of them fatal, have
taken place in various mines during the week from
explosions OF gas allowed to accumulate during the
long term Of disuse. This is the inevitable conse-
quence OF all long suspensions, and the miner when
ne suspends work adds this the many other evils
which he brings upon himself by so doing.
NOW that the keading Railroad Company has OBJ
tanned control OF the Schuylkill coal lands the men
must sooner or later expect that the basis will be
entirely ignored, and in place thereof the men, at
least those working in the mines controlled by the
company, will receive a fixed rate of wages as the
men working for the companies OF the upper region
are paid. Should this come to pass, the men will
have to thank for it their own leaders, to whose un
firing efforts the whole thing is due; and it would
be cause fer thankfulness TO all parties though the
miners might not be disposed to think SO the fixed
rate would be liberal, and the men would be spared
the trouble OF the monthly fixing OF the rate of
wages, with its accompanying disappontments and
temptations to another strike whenever the rate
happens to be little lower than was expected.
The first regular trade sale. since the suspension,
OF Scranton coal was held in New York on Wednes-
day last. The prices were much higher than those
Of the last sale just previous the Suspension aud
higher than those Of the sale OF the same month last
year, but they not near so high as the specula-
tors surely expected by about an average OF 81 per
ton on all sizes. This appears to promise q still
lower rate for the next sale and the effect will be
decline
But such state of the market, 1t is thought will
be less satisfactory than higher prices now with
down the legitimate demand OF this season
OF the year the demand afterwards vii! be
viii produce higher rates of toll and freight and ad
vanced prices. The rate of production OF 50o,oJ0
tons per week viii be required during the whole
season to supply the regular demand and make
good what has been lost during the suspension.
Any large addition to this demand will have the
The amount sold was the usual So 600 tons, and .he
attendance at the sale was very large The bidding
at the lowest quotations.
The following were the prices obtained as com.
pared with those Of the last sale and with those of
the sale CT the same month last year.
Lump bSo s slSsSS4sS Sy lsS ss42SsS, S2s 5s7S
EEssg;;.." s.77,ss.5s zig 80 80 a. ss5Hs1Ss
Chestnut. 4'6O @4'65 4.2O @427T $50 @s52H
These prices were for coal on board vessels at
freight is GO cents additional. The average on board
vessels from these figures would be SIS per ton,
against the average OF the same month last year
According to the Miners Journal the average in
Schuylkill county for the month, in order to make
competition with this prce possible cannot be more
Trade has been brisk, but not quite as much so as
it was the previous week, on account of the hot
weather and former heavy shipments.
The following are the prices of coal by the cargo
sch3ykii @ red ash, D ssf % sch1yE white
&C. S nssnS se So esq sssas sssnsS aS
doah lump, 1850; do. steamboat $3.50 do broken s5;
do; egg, S6-25 do. stove 1925; do. chestnut $3.50.
The following are the current rates OF freights
from Port Richmond for the week ending June g.
1s71:-Portland 81; Boston, s2'5O Cambridgeport,
1925 Hyannis 1925 Newburyport, 81 GO; New Bed
ford, 81; Plymouth, $3.50; Salem, $3.50; Newport
So; Providence, 81; MiddletOwn, 2205; Norwich,
S2o5; South Norwalk, 81 90; New York, sl.85@l 40.
The following is summary OF the trade for the
past week from the louisville Miners journal OF TO-
aThe quantity sent by rail for the week is 112,Os5
tons. by canal 35941 tons for the week 14s026 tons
against 27 91 tons for the corresponding week last
year. This is one OF the largest weekly shipments
from this region for the last two years, and 1t
be considerably increased 80 soon as the cars are
gathered las they were considerably scattered dur
ing the suspension. The whole supply OF anthracite
for the week is 33l972 TONS and bitumtnous 62,025
making for the week 1893 99 tons against 1926 46 tons
anthracite and 46 S16 tons bitumlnous-aggregat
81 24 tons-showing an increase OF 22 I33 tons over
the corresponding week last year. This is the nrst
week this year that the shipments exceed those for
the corresponding week last year.
''ln the course OF couple of weeks the shipments
of all kinds will reach half million tons per week
when no interruption occurs. The whole supply OF
anthracite far this year is 2451977 tons, against
6,5l4,S9O for the corresponding period last year,
TONS The whole supply of all kinds so
far is S,230,ss9 tons agains 6,054,23l tons for
the corresponding week eel last year. showing loss OF
year the shipments exceeded those OF the former
year 43O57 tons that in order to reach the supply
OF last year, OF all kinds we must increase the ship
ments for the balance Of the year 3,396, ,399 TONS
We nave no further information as to the status at
Trevorton or from that portion OF the Lehgh region
that had not gone to work, except that the lenger
the men are idle the more determined the operators
have become not to succumb TO the demands OF the
at is for our readers 10 Judge who are right or
who are wrong; give the facts as they exist. A
good many OF the operators received kilograms to
| stop sending coal at the close OF May with view
OF adjusting prices TO correspond with the auction
| sale at New York, which was shade lower than
was anticipated. Unless producers are firm coal
will be forced down to the lowest point while there
| is really no necessity whatever to do so.
| ''The Shamokin Herald Of Thursday says s:-'About
400 per day are sent over the Northern Central
Railroad, on which the balance and larger part OF
| our shipments at present is made
| ''The monthly conference of miners and operators
| age price was established owing to some error or
normality in the statement OF the Enterprise Coal
| Company. The Joint committee will meet again on
| Saturday next June 3, for this purpose. Previous