National Republican. (Washington City (D.C.)) 1872-1888, 1875-03-25
A CORNER IN COAL.
Efforts Of the Spectators to Raise sensa-
ton,

Efforts Of the Spectators to Raise sensa-
ton.
NEW YoEK, March 2.-A Philadelphia special
says the situation in the coal fields of SchuylkII
valley is without material change, but as the
stock becomes shorter every day the state Of
affairs is made Of more importance to the public.
The entire coal combination remains ns firm as
ever, while the miners eVlnce q determination to
resist all attempts at q reduction. Leading
operators who have arrived from the SchuylkIl
and Lehigh regions thinks there are some signs
they become more impoverished they begin to
have contentious among themselves. The stock
Of coal on hand here has considerably diminished,
80 much that IL will be exhausted at the end of
next month unless steps are speedily taken to
commence production. At Port Richmond there
Is stored 1SO,O3G tons, ShIeh Is now only shipped
demand II. This supply, under ordinary circum-
stances, would be consumed in two weeks. In the
are q, 900 tons OF all descriptions and this will
speedily be exhausted.
The Philadelphia Ledger Of Monday says Of
the situation that the coal stocked at the end Of
the last year Is gradually going into consumption,
and
COMPARATIVELY LITTLE OPT
Is remaining on the market. Prices have not as
Be- s s i
the supply and demand can long continue with
out forcing an advance in prices to consumers.
rangsment would be reached before there was
any warrant in the condition Of the market for
higher prices. That the trouble will probably
on which the trade will start up early In the
coming month Of April, is generally expected,
though the operators and carrying companies in.
Eist that the trade, as announced for the current
year.
CANNOT AFFORD TO PAY
last years wages. As the large producers OF
coal are now, however, coal carriers, the small
Compared with isI they may WhoI oily Or Ia paTs
PRECIPITATION q the great source q profits Win
the carrying companies, and for that they may be
tempted TO Yield something on the prices Of coal.
Employment at the mines and on the lines OF
e tss tTsss .IS es sR;
more important interest, the great mass OF con.
sumsrg Of coal, that We have not allowed our.
place al mutually SSsSssor rate, TV1 soo q
the market The
APPAEHHNsfoN or COAL FAMINE
q leisspsd b. The fact that the suspension Of work
duclbE sections, but, fortunately for eonSumsfS,i IL
kisk fsgiohl. We LAT week, N our coal article,
alluded 10 the fact that those who profit from
IRas pks MARKET Ky RFs T now SFssnE ioi SsS
E @sSs SSh e s.ysn sff e. I'll!
the use OF bltumlnous COAL are compelled 20 alter
their bars, and when the alterations are made
they may discover such advantages In the o0nV0.
nlehee Of supply o. economy In use ~ will induce
them
TO CONTINUE PERMANENTLY
the Ioft coal. Already the PenAayIyAnlA Rail,
foad Company win 40 eye ever open 20 increased
business for IL road, has given notice OF special
Assignment OF cars 10 the bltuminoul regions and
RTedpetion OF twenty-five cents per ton for al
sent blyuminoua coal Transferred q thsiI Green
Weh WhaTYes 70 sea- going vessels destined 70 ports
east OF New York OF south OF ths Oapes, This u
looking for market abroad for ltI con coal, while
here 81 home We are informed that the Clyde
line OF steamers which consume annually some
thirty thousand tons, are being 30 altered % 70
adapt them 10 the burning OF the loWerp priced and
softer Goals, and that one OF our city Toe boats,
which has never used anything but anthracite, 10
undergoing the same kind Of Alterations
ron THE. SAME PURPOSE
We hear Of like changes from hard 10 son fuel
by manufacturers And other large consumers 10
eSted In the anthracite coal trade, miners, ope.
ratorg and carriers, TO have care that they do
mot aid 10 building up riysl for at least part
Of their trade, and that VIII be longer IN the re-
gaining than Il was IN the losing. The PhilAdel-
phia and Reading Coal and Iron Company say, In
circular Issued on Saturday, 80 there 10 no pros
pect Of the miners and laborors IN the coal region
FeGuming work In time 70 produce coal during the
month Of April, no price ctreuiar 70 that month
Will DO Issued.