The New York herald., 1876-09-29

Terms cash, payable New York city funds within
ntecn Gays after delivery OF the coal Every contract
for the delivery OF coal must stand upon
its regards prices terms and conditions oil sale
eaid Mr. Carey, 'and must pay these prices Whom
you take consideration that must pay freghts
this coal and submit TO other assessments you
easily understand why retail dealers the
popular demand and put down prices Why. the re-
tail dealers Tor consgnecs) taxed from IS TO $40
per day Tor demurrage, which is outrage and has
tho effect oil keeping up the prices to the poor con-
sumer.
A Cronhardt corner Of avenue D and Fourteenth
street, expressed the opinion that coal Will 60 higher
say twenty-five or thirty cents per ton above the
present hlures. Ho thought the increase would con-
tnuc TO about the LIST OF January and then his
idea that there would be reaction. OF course the
Rtoppage OF work 10 80 many mines had been one OF
tho principal reasons the ra,sc in prices On ac
count tho low prices prevailing tho past month
or more everybody had been laying in supplies For
his part he had never sold much coal to families
in any corresponding period OF preceding year no
had during the pasl sixty days He believed that
ing the coming November and December months coal
would go little higher on account o! the deplenish
mcnt in The stock OF wholesale dealers. Last years
prices for coal were high and purchasers held back,
opinion, the recent auction sales Of large quantities
were bought up principally by spectators. He also
thought that II they held till the latter part OF Deccm
Der or LIST OF January they would bc able to sell at
good profitable rates. The stock of the retail dealers
would give out soon and they would be Obliged to I'LL
Thomas Davis, No 157 East Twenty third street,
spoke OF the very great demand for coal a The present
time and deduced thercrom the belief that not one
attended Wednesday, great sale and believed that it
was mainly purchased by middemcn. great portion
was disposed OF TO tho wholesale dealers IN tho
Trinity Building. Quite number OF retail dealers
also made purchases, and he himself took 0o0
OF SPECTATORS but described the latter men in the
employ Of the companies. To his knowledge nothing
Of the sort entered into tho sale Wednesday. Tho
purchases were made entirely by wholesale and retail
men. Mr.. Davis argued that coal now was scarce and
eights wore increasing was natural enough that
the price should advance. Hc had SIX boats
In. He was satisfied that prices would go
lower than the present rate and thought would
be further ADVANCE OF from y 10 scventyGve cents
per ton
Twenty eighth street. said that he attended both
great sales He ngured the average difference bc
the sales to DC about eighteen per ton in
tho second auction over the first lie attrb
uted this solely to the
LETTER QUALIFY or THE COAL
sold yesterday the improvement consisting simply in
the preparation. In the lot sold Yesterday
had been taken in removing the imprrilies Besides,
better facilities we're offered TO purchasers Tor loading
their boats. Tnc sales OF both Wednesday and Thurs
day were made 10 about the people The greater
portion of them, he thought were Tor the Eastern
trade The prominent purchasers wholesale coal
sevcnty-nve per cent Of the eut.re 200 0O0
tons was taken by wholesale dealers, and The
remaining twenty-five pcr cent by retail dealers
Mr. Hopkins attroused the advance Tor the last month
to two rcasonsnrst, tho niing up OF he Eastern mar
ket, and. second, ittic fright On the part OF retail
dealers Tho latter lie said want 10 speculate rs we'll
any other men. He presumed that TOR the next
tnlrty days tnc prices lof WOud iucycasc-Sly,
twenty-five cents per ton ana alter fortyhve days
they will decrease 10 th- ruling prices oi the great
sale OF August 20. Tho consumers are now very
largely supplied and small purchasers like grocery
men, who used 10 Lny a ton az tiDio now put eight
or ten tons IN Their cc'lars Tor future use This has
occasoncd great demand, which IN Turn accounts TO
a large extent Tor the advanced prices.
Lowthcr 4 Brother corner OF First and
Twentieth street, attended both the last great
In regard to the increase in yesterdays prices they
thought was due TO the agents OF tho Delaware and
Hudson Company having put liked price upon tue
stock. Messrs Ward, Talbot Il Co. the agents
whose charge the sale placed, and they bought IN
a good deal OF the coal Themselves Outside OF this
they believed tho bond fde sales Under the
existing circumstances they could see no chance Tor
coal to go materially higher, because they now
mining ias There had recently been . very great
demand and the prices had now reached stationary
point They moro likely 10 increase little than
to decrease. Said Mr.. Lowthcr in CONCLUSION 1--WE
can't tell much about ccal now, don't know any
more about 1t than you do. IL is completely IN the
hands OF the companies" "
Christopher Foster, No. 65j First avenue, thought
tho present prices Tor coal would be maintained, aid
might advance l.tlc. AT the sale yesterday he oh.
served number of new buyers, who we're strangers
10 him. Coal Is now snapped up by dealers In quick
time. AS as the cold weather sets hc believed
prices would further increase Ho thought Wholesale