Mower County transcript. [volume] (Lansing, Minn.) 1868-1915, 1873-07-24
The Goal Trahc-Advicc 10 Consumers

The Philadelphia Ledger of Monday
says: "TI'r total production of all
kinds of coal for the week has been
'dG, $40 ions, and for the year 9.:,t)2 445
toms, against 9,O55, 1913 tons 10 same
time last yc'r, being an increase Of
H7,: tons. Although it is apparcut
that the coal consumption OF the cur
rent year will not be as large as was
estimated ut the beginning oil the year
by probably Il million of tons, it IS
:llS" evident that the production will
net ne permitted I" ovcrstock the mar
kct ant, thus to drprcss prices; all tn:
five great carrying ainl coal producing
companies already have increased, or
it is understood will increase, the J u,v
prices oi coal an average Of about ten
cents per ton. As backing and enforce
ing This determination, the last public
sale Of Scranton coal showed al a.lva"ce
Of about - cents per ton. Thus
it is quite clear prices will DC
maintained. The supply of coal com
ing On the market is large, and it il,
not improlablc may have to be :,rli-
trarily lcsscnrd. The open ;,vowal OF
direct and wilIiul shortening of the
supply of coal, being unpopular with
CONSUMERS, will be avoided as long as
may be, and possibly altogether, the
cxpctiients Of temporary suspensions,
!, short supply of vessels, widely scat
tered cars, necessary work ut imporant
mines, tunnels, or tracks, providing
probably sufficient excuses for the p,,r-
pose OF preventing over production and
| It's natural consequence, u reduction of
prices. The most Intelligent i'll the
trade are confident in the opinion that
coal will not be laid in this year at
lower prices than those ruling for the
month OF July.
Concerning buying coal the New York
Times says: lit may seem inappro-
pirate with the mercury at SO degrees
i'll the shade, to discuss the subject Of
| laying in next winters fuel; but to
most heads OF households no question
is more scasonablc. In the days be-
fore the war it used to- be considered i,
rule for the sure guidance Of every
prudent family man that stock OF
coal for the following winter could he
best taken in some time in June OF
July. During the war, however, and
in the few years which succeeded, the
coal market, like all others, was forced
very much out of it's us,1ai course.
Production was violently stimulated
wages advanced greatly, but only after
severe and costly struggles; new trans
portation routes were brought into cx.
istcncc; points Of supply were altered,
and dcpots were opened by competing
companies in many sections previously
supplied, mainly or wholly, by one. As =
consequence, rapid advances ana
equally rapid declines became ire
quent, and any attempt by the ordinary
purchaser of coal for household use, tc
anticipate tho course of the market,
however, became vain. This year,
however, VIC bclicye, it is safe to say
that the course Of the market will be
constantly, though We trust stcadil,
upward. The production CT coal is
now substantially under the control OF
Il combination of the miners and min
ing companies, who have determined
on the policy of sure ana probabl,
gradual advance. The lowest limit il
set at ten cents per ton, at Wholesale
each month. The probability is thai
coal laid in now will be bought at from
twelve anu Il half to thirty per cent
cheaper than that purchased on tn.
opening OF the cold weather.