The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1875-11-20
The Coal Trade.


The only feature Of the anthracite coal trade
commanding special remark tins week is that
Of over production. How toiessen the suppiy
OF coal continually coming on the market, and
increasing in the Aggregate from week to week,
is the most anxious inquiry OF the trade. To
tins end a special meeting Of the schuy kill Coal
Exchange was held in this city on the std inst,
when It was determined-Flrst TO hold a stated
monthly meet nR OF the Coal Exchange to n&
time" prices, and that all members having aEy
knowledge of any other member violating the
rules and by. avs Of th assoc alton be request
ed to make public such information. win tine
names OF the parties; second, that an expert De
employed, upon toe request III wrllinQ OF any
member. charging anoi hHr member with un-
uersellng etc, to examine tho books OF the
memOer so charged and to report the facts !
third the books OF the selllng agents 20 be Hub-
members OF the coal Exchange viii discharge
any agent who may divide hts commissions with
n purchaser or In any manner sell coal IN viola
ton Of the bylaws. One OF the effects OF the
large over.supplv at almost oil the coal centres
Is 20 break the combination of the great coal
carriers that has governed and regulated the
trade ior Inc past three years A weak point
here and ddhere will discover ltself among Oper-
a,ors emo an abatement from the agreed upon
prices will be accepted and ustnieatlon attemn-
ted on one pretext or another, which, proving
unsal isiacUory, rival interest Will sect 10 pc
even by q still greater reduction IN prices AT
least these are allegations and II true, they are
but aatutl A cOmbI alton TO effect q given
object, like an endless ch AIMS no stronger than
the weakest link COMPOSING IT,. The only rr-
medy. therefore, against the threatened rup.
tuIe of the coal combination IL to remove the
cause pointing to that result. The present over
stock OF coal, which 10 said 10 ne larger lhan
ever before, must be by some practical opera
ton lessened. At Port Richmond fOr the week
ending the ,4th instant there Were receipts OF
1000 TONS leaving lI3,0D0 tons on hand. While
this amount OF coal on hand shows a reduction
Of 42,0e) tons as compared with the close OF the
previous week the sock there Is nevertheless
very immense. In fact, very few OF our re tders
are aware OF the lmniensty OF The coal move
ment at Port Richmond alone We learn that
= the receipts of 1900 tons OF coal per day IN
wolves the discharge OF train OF cals sly mi es
in length, winch. under the circumstances Of
full wharf and scarcity OF vessels seems almost
a physical imp0sslointy." me aggregai,e gi
mond wharves-l5J,O0O t0ns-would NIL tram
of cars 81 y miles long, ana would reacn back on
the neading Rat road nearly threefourth the
distance to the mines from whence the coal
came. For the week ending with the last OF Oc-
to0er the receipts OF coal al Port htohmond
were some 80, % tons, The next week 45 90 tons,
and last week, as above given, 20 900 tons. A
operators there have very heavy stocks but the
Reading Coal and Iroh Company, being the
largest operators, necessarily have the largest
amount. A leseenlng II the supply OF cars 0y
the Reading Railroad Company is an apparent
necessity, there being no room on the whalves
and WLkesbarre Coal Company. and the Della
ware and Hudson Canal Company have COM
merced shortening Of the daily hours OF LABOR
in working control, and a the other regions are
having resort TO some policy to Dring Gown che
pr0uuc tioH TO the demand for coal in the market,
which Is now quite limited, and yet the ices OF
most sizes Of Schuylkll coal are rs to 20 cents
per ton lower than they were IN november last
year. Some other coal regions have put down
the prices OF coal IS to 30 cents per ton With 80
large q supply Il coal at v eak prices users are
slow in sending IN their orders. the aDprehcn;
sion OF higher prices from scarcity OF coal
later IN the season being somewhat removed
The demand ior coal Dy tho Eastern manufac
turers on the lines OF the roads, and Tor steam
marine purposes, is quite light an others BENG
largely confued to dealers for special zes and
quantities Of coal. Here in this market there is
steady but hight demand for domestic uses,
made lighter probably by the veiy fine weather
for week or two past. A liite snow and ice
Will soon change this. For the week ending on
toe 9Th inst. the anthracite coal tonnage
amounted to a76,sH tons, and t0r the year 10 a..
4S6 S26 tons, against 1894 4S3 tons to correspon
ding date last ye 7, a decrease of l7.0JT TONS
Pbi,a, Ledger, Nov, To-
The following table elbows the quantity OF coal
shipped over the Lehigh Valley railroad for the
| week ending Nov. 18th, 1875 and for the year .
oOmDared W til the saDle time last year.