National Republican. (Washington City (D.C.)) 1872-1888, 1874-09-01
THE COAL TRADE.

(FEofn the Philadelphia Ledg0r.l
The total Of anthracite marketed for the week
ending on the 22d ultimo amounted to S2 $50 tons,
and for the coal year H. E5S Os8 tons, against Ia
2SS sol tons to corresponding time last year. being
decrease Of $50, COZ tons. The hitumIous tonnage
for the week Is 90 As TONS and for the year ans,
COS tons against !, 9TS 4sl tons to same time last
year; giving total OF all kinds for the week Of
Es5Ts tons, and for the year OF Is 6oi ,lT2 tons,
against lI2kl Oo2 tons to the same time last year.
being Q decrease Of e9s, go tons. At Port Rich.
mond for the week ending the 10th ultImo the re-
eeipts Of coal were 1000 tons, the shipments 3s 900
tons; leaving 1000 tons on hand. Vessels during
the past week have Oeon plenty, and freight
charges are unchanged. We quote els to ProVi-
dence, sl.256tl.6o 10 Boston, and o5 cents to New
York. or the six great coal regions four show q
loss Oh the production Of last year IS follows:
The Wyoming region, sSs,sss tons; the Lehigh
region, oT2S tons the Sohuylkill region EOS 400
tons; and the Shamokin, 81, IoS tons. The Lykens'
Valley shows an increase Of ls,l07 tons, and the
bitumInous region lTs, ois tons.
There is some considerable amount Of coal yet
stocked at tie principal coal centres, notWIth-
standing the general halt in production for the
last ten days. At latest dates the supply at Port
Richmond was g., 900 TONS against SO 900 the week
previous. The Delaware and Hudson Canal
Company had Rt Honesdale ZI7,ooo tons, at Ron
dout &c, oOO at weehawksn Is, 900 tons. At Eliza
beth, Jersey City and minor points the supply Is
considerable, but, the lstensss Of the season con-
sidered, there is reason to expect the demand for
coal for the remainder Of the year will equal the
supply. The regular advance Of fifteen cents per
ton has been dscreed for September. This fact,
with lessened production, Will tend to give q
hrmer tSne to the market. The prospective ad-
vance on the LIST Of September, on all sizes Of COAL
as agreed upon by the associated companies, is
exciting, as usual some attention Of the trade as
the month closes. The coal trade Is dull for
Cumberland soft coal as we'll as for anthracite
A report Of the Boston market, and Of the New
England market generally, shows great lRnguor
in all qualities Of coal. The sales Of anthracite
have been checked BY the inability Of sellers to
enter sales ct July prices.
In foreign coal the dullness Is extreme. Lots
70 arrive next month from Liverpool In ballast
are hard to place The gas companies having
had 3 rather small summers demand, and look
ing forward TO light winters business, consider
their supply now in sheds sufficient, and are only
disposed to operate OF present in speculative
way. Drummers from some Of the Baltimore
and Pittsburg coal companies have been canvass
ing the New England trade, hoping to induce
consumers 70 give orders, but, IS far IS heard
from, with little success. Tho production Of
Cumberland coal from January to August Is,
Inclusive, was lfotAtVoy bOu5 @t0OS Abr.f -
compared with l,o2O,6 $50 net tons for the CORE
spending period last year. The last auction sale
Of 5000 tons Of Scranton coal ct New York, on
the 2eth ultimo, was fully represented by the
various parties interested In the trade. The
amount offered at these monthly sales 70 usually
from 5000 TO 10 900 tons, and the fact that the
quantity has been 90 small for the last few
months Is believed by the buyers to indicate that
the coal companies DO not mean to break the mar.
ket By oVersupplying t.
Last month the amount sold was twenty Ave
thousand tons, and though that figure was
doubled at the present SALE It did not bring down
the prices which are predicatsd upon the policy
announced at the beginning Of the year, namely,
TO advance the market from ten to fifteen centi
per ton each month. In 1870 there had been .
strike Of the sehuylill miners, which lasted toul
months, terminating on the first of August In
ISL there wHs general strike, extending
through all the anthracite regions, and lasting
four or ave months. In 1871 the price was hKed
by free competition Of the various producing in
terests In 1873 and 1874 the prices were arranged
by an agreement among the i've producing cor
porations. The supply Of coal has all the TINT
the present year been kept quite full, the ad
vance in price as compared with previous year
not being attributable to any scarcity OF fuel
The present indications are that coal will not b
lower this year, and may be higher,