The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-08-23
rNDING THE COMBINATION.
C0AL MONOPOLY BIO
KEN 81 ITS Owh HAND.


y rhe great coal combination was us
.,a,,sv ia meeting OF tho b"ard of
"' 80, a., ono, of the difec tors VI ,be Dtl-
''"' =, madam Goal Convany. ana tue board
w. - 49,. s,,,, die.
w ,,s.,t,,,hta and Reading Railroad Com
~ .,.,,,a,,.J The nioyemen, to nuke coal
wv, ,s-o ,,sv urncured a charter rom the
~ -, I.yislature for the Laurel Run
Ie""e', cn,rusnv. with ex raordinary
an and ,yo,k coal mines. They
po"' .t,n, interest IN the Schu KIN
'o"'"' ,s, =, Il said, ui 100000 600, with
"A'"' ,,.,,,,c,n, 10000 tuus a We r. A.
'""'i -, ,,. other ro rietors OF colleries,
NV" -. ,s,o c.l tons . year. cont iued With
49,, h,at. Il, ton, anu Il was arranged
"''" ,,,'r,nl, meetings Of coal producers to
,sas an January. 1873, the first circulsr
-ssnt out. AT The auction sale bS the Della
,wa,o L,ckawanua and Western Railroad Com
o.uy ON tho 2eth of January there was an aver
,ee increase Of prices over those oi the previous
o., nth Of & Y nts ton; ana the Delaware anu
HUDSON Canal Company's February clrcul'r
showed IN advance of ~ cents a ton. Ihe aver
sle Increase In 1913 was about ten cents. Inc
pennsvlv MIA Coal CONF any had not then joined
the combination, but did subsequently,. LII
Nos and 1915 prices were steadily maiht'lneu'
)ln January. 1870, the combination ihu'uu'u 'ne
W iladeiphia and keadina' toe Delaware Lava
wanna ana western ha''Io"u No'n'a",' ."u
tie Delaware ana NUS" Na"'' co ,'i.' w
New Je's'f Nen''.i N"''N"N ''' O
Pennsylvania Coal COMPANY ahu the operators
tina Lehgh Valley region. they n AIDE reeu-
-. fnr tonuase TO connective points, nxed
bilious W. '- s. ,'., -,
the production AT lVWV'ON tons, anu ulsu'outou
uen, among tie six great interests represented
'p'', ,.,., .,.,a,,., o,,n,r,,,,a. "a
meet monthly. Az the meeting nelu reotuar'
1876 Board Of Control was appointed, con-
49,. ,.,.i,.,,. or o,har rorrasa,,,
isuhg u '"e pi'''u'"'' " O'"S' 'Nf'
lives Of the companies above named. IL was
orsanized by the election Of Thomas Dickson,
o'-'I,,,t ., tho DaI,wa,a and Hudso, Canal
Company to be president OF the board OF con-
"a Er.nkltn n Gowen president ~ tho
w." ''U 1,s.....,..... -. s,-....
Reading Coal ana l'oh Company ne oeore'ary'
Al this meeting prices were arranged for the
=. Asa pack.r prsstoa,t of tho ohtsb vi
~ p,i,o.a ,-,,n.,, ..,,,..,, -, ~, a., -,
w "",' wv, "o"a " uo ~ 49,, no." Wv
tm''lon' but agreed TO carry out the desires Of
10, Individual operators OF the Lehieh region.
shS were represe"'eu !" 'ne noaru VI .o"''o'
By NJ A. Pardee. In the following April, how
,'o,sn yaIlav had ssnt 10 t,se.vatsr Iooooo
,0ls To excess OF their pro rata share OF one
ssih OF the total production. meeting was
eel IN Nay ana tie matter was thouRht 10
k.s.anitelv arranred but a. nroxsd that tba
"Dn"'''" a'a"A'u' wv 1851 '"a' '"o
kAeh operators could not be kept within the
''ss'ss of tue compact Furtner promises were
made at the meeting OF the Board OF Control on
\IUy "a only TO be br ken a gain, ana hence the
.ne-,ns neld Yesterday 10 consider The mater
el9vN me we mee, 81 was leo 10 qId s
W i rsnai Csmpsf Inc peIswsrs, LseSsman
nand Western haiiroad COMPANY ey President
$50 Prs.itent Fr,nkIin IA C,nwsn serretsrv
sine Boerd OF Control tine Central Hailroad Of
Magerssy ~ Lteri p', Jonn T.vT yoantoh
ssIeg,1a,rs cn,i caw1'sny. The Psmnsyiysn,,
OIL Company by President George a. hoyt, and
AK. S s any, of Ss nas oy a a. rnI ,%
.r.nn
lhe meeting did not last more than half an
s,c 1esolut,ons' wi,cn wars otfered bv i wr
Bowen, seconded oy Mr.. Hoyt. aud Unanimous
,dsptsd' complete the history OF the rise and
-'' 80 " 80 -
ttsroliOr the current y-yra onmitlec, consi ting
!Aaa as ID leon aud = Gown, had . confer
~ upon Tue SUI Tot OF Tie ctntlnulnce OF ths r.
-li1n Win Asa faeNer. Ptesident Of me Lehish
q nait9sa 1un'pAuy, w"o mo msh s~iA con-
ssscciat coal companies IVES as mn oriant
he lnteress q the Lehish valley l.aiIrosd
any as to mos ., , M snY o,h's e,Ilp,hy,
outlLusu euilAs the year, aud iaFih,r pitlkei
liiudual operators OF the Lchieh Valley region.
through Mr. PAriee as their rcpre,epia,lvr N
ord Of Control gut SIR, 81 or So to sustain
oArd and carry out IT'S regulations provided the
~ bca an sc y ~ 1 40 ~, ~ Is
Il nd W o." ANU " '"' '''@
w ~ Ss Ss IT. ssspocifion y ~ sa
~ f,n, ~, 80 -, -, $50 I q, -,nI
,psyree a. ~. ,snraasr.,,ysoS IN hiyh%si
NpS wv ~ '"0 roptoeoh'atNeVi Wv Aens" var
20. nnr,rs tho r,o, M n, AMT, las, tho opo,s OF
ss yuiienS w W ~ ~ ~ ~. 49,,
'sl,sS ~, - in 80, W. iVN'V'y
NM, - ~ u
"ss't.si ~ pe' su. penang f'N''NN" ~ ~ '"V
VI "ssoela ioI aug t ,.,s ,,.-, ,.,, - ,. ,,,A
~ q u4el' " ~ uuala ,,l W NV ltu
nav iss '"e iV"Vn'"s 'esN'u'"H vas u's-''
11uop'STIls ~, a., .,. ~, ,Aa D.xs,s,o,, ro,,r., Of
s ins ~ VIZ W ~ .,, h, H.. 'c,t N
IN az ooal NoupanS 70 A.lns y. we s S,t'n
Oaru OF Iontro snp ot sne aI vi'y in isn
.stisseu.a - 4. ~, ,,,. n,,,r s,H ~
~ a. went ~ eoSneration on The ratfn ft5s
nt,nu. n o,r .ssoci and maj I'M, Bo.r1 ~
on l V Sa,,r az ~ H,n And 10 ' " "a
80. NJ MIN IN. ado. an NJ aid res q uton Al The
mn 81 Wessr. - rder and s.oycr r,nrsssnt ~
n The Iehirh reious An adiourin nj nutil the
y,ns n,o,ui,,v iooE mac At xhtcn ,u,e tbe s,id
~, ~ ne dsssi ,nen, ~ me no - a, !, H.
= OF toni,sse over and above the prop.r auots OF
sa, ID ao inst cb ,stsre.t thrs sn "a ~ n
n ~ sii Ibe Ichigh Valley lar. inr ndsi,. t1
n Vale, Iosi t-"un.ny TO- Nnite n, The s,fisn ~
ard az onf rol ana cry out m. nrnyr,iun,r ~
~ sna NeA' No'HP~u'o' ''' "e e"''e seAso"
.,,as, This pledge of the representativcs Of the
ana was subseouengy endorsea nv IA P.ck.r
eli, 10 shown ~ the following TELEGRAM sent by
"PHILAD KLPHIA, May IL. 1879.
diAhh H. Gohs"t ITss,dshL - -,
~ our een sj.,s 4eAe'' i"e "k'eep i. , VII oe
49,. 49,, ., - ~