The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1877-10-27
The Coal Trade.


|, il The low prices OF anthracite coal lately c.
tabiished bV the PrnnSyIvania Coal Company,
and the De!a%are ana Hudson Canal Company.
tcge her with the fact that it is puolicly avow.
Led by the friends of both companies that the OBJ
Ject Of 6he low prices is strike at the ; chuyl
kill coal region aud the Reading Railroad Com
pany by interfering with that compauy,s con-
tracts has caused no little excitement In the
trade aud created sOue oOnsternution among in
Clvidunl coal operators who naturally expeCt
" be the hrst sufferers In case war OF low
, prices il inauguIated among the larOe DrOduc.
ing companies. To any one unIL fuenoed Oy
passion or iee'ing Ghere would seem TO be no
reHs0n Whatever for any reduction in the nTtce
Of CHal ut D resent The suppiy for tho aen snn
is Onlv 1900 00u tons HheaI of that TO the sn,ye
period LAST year; from the 18th Of October to the
iirst OF December, l676,the aggregate shi omenfs
of nnthIaclte coal amount ed 10 4 gi5 47S tons an
anOunt which 1t is hardly pnssibI to exceed
during the remainder Of the pres,nt season IL
will therefore. be utterly imOns sible that the
production for 1877 should exceed that of is7t Uy
more than from sOJ'.Gb to $50 100 tons, an
amount which nearly all those who are cOuver.
sanL with the tade have always estimated
would be fully requiIed by the wants of the
"snyy maIce" tr some Other .nncb Jehs III sn .nat
ne s." ana not desire to beneht the shlrebold.
ers. has Oeen the motive Inducing the managers
OF the two c0mp1nie referred 10 to marx down
tue price Of III If proiuct fully sixty or SO enty
cents per ton be.Ow what miPht have been OH.
famed for 1t and this view OF the case Ia
strengthened bv the fact that, although the
Pennsy lvauia Coal company refused To sell any
Uf ITS coal at lts cl cular prtces 10 one of the
large companies Whlcn required considerable
quantity to a current OIdars, 1t nas, as cur.
rentlv reported, privately offered TO sell, ana
has 80 d 10 several OF the cus omcrs OF the
Phi ,qdepnla au Reading Goa, aud Iron Com
panY at from ten ~ tweIYe cents less hau even
It's low circular prices thus plGn,Y showing
that tho object IN view is not TO make money
for its stockholders but TO crafty the feeling OF
its officers R0alnst the company. winch. up TO
this lime, declines To OrcOme a party TO nny
limit
npphcat.tn n to the office OF the Phi!adelOhia and
RCad pg coal ami Iron CumpanY we have been
infOI med by lis PRESIDENT, Mr. GOwen, that 1T
present his company has no des1gl 10 reduce
eItner the prices OF CGa. or the Iate- OF tO 40
Mir. Guwen states that the market viii oaEe
from them 10 the end Of the year 1t !eagC I5OJ.
CoD tons Goa OF Which tie Della ,gare and
Hud, ,,n and the Pernsylvania COGl Company
tOgether can Only iuin sh about so uOJ tons,
and the Delaware iecklwAnna and Western
Rail- Oad Company is not a par Cy to the raid be.
ing made upon the Read'r, Company. but Is
mlnaglng It's 'es upon 4sness lr.ncin es and
with view 10 real re ne beat lice pOss ole
tF MS product, aud "a a. under SUCH state Of
facts the senslO,e WY Is TO W;lt until the low
pricI Goals Of the T. enuAvlvA ia Coal Com, any
anJ the delaware P.nd Hudson Canal Company
aIe sold and theh 10 supp Y the .rga remaIl,
lnE quaint u rec. G.qirto by tie market at more
remunerut. .Ne 6teS. Iu the LehlEh ana Wilkes
barre coal rsgiUus the u ade Is IN much the
9 me CON 1T. U US az tho date Of Our last weekly
review, Toe production OF co Il is pretty good,
though IT, deIal uG for coal mas siae tened a It-
te' IN O. as, Quenee. 40 is supposed Of the oilcu
End Hudsnn CHnal GOmpauie-, At SCra itOn
work Iu the mines has buen pretty generally re-
sum ed ana coal is oOlIlug fOrWacd. BusIn ~
with the Lehigh Valley R.'il Uad ls tRIr, the
To image being ~ cater aud rates O hitle Detter
tnGn 10 corresponding cine last year Indeed,
IN lhls resnscG Ihore Is some 81 Iumbling On the
part Of the Ope, atOrs, and threats have been
made thul uhl' 81 the rates come down they viii
stOp M Mg The plce Ol coal Of the present
moment has q spec al interest for the eheral
pubnC, as the Season HpprOR ches wlen domestic
stocks must be aid In. Prices have now Ueen
Orought 10 u Joint OF which tie ordinary con.
sumer CannOt cOmOlain, and much lower than
he haaOeen offered on the eve Of winter IN many
yearS.-LeUgef Monday.
SCRANTON COAL AT AUCTION.
NEW YORK ooI.a4-One hundred and twenty
hvc thOusa nj ,Ons of scranton coal were sOid
VI auction TO-DAY, by uruer Of tae Delawai Q,
LBckRwinnA md Western railroad, deliverable
&C tie uOmpAuy's coal whaTI at H05okeI n. j.,
Iring tle mUI III Of y AOvemDeT. Tue following
pr CTS were re. / 18G
20 90 tons STEAMER sold al tl.Soas2.50 average
q S2 ESQ tons G'te cod al S242ls dSl.pOaIer-
Bg, ,s2.I5' 2OuOJ tons beR sOlu at f2.47A9 26sk.
nVrraRe, o. 81 90 co. tOAs stove sod at ~ SOtQ
y ", aveTaRe S2.66; 1000 tons Chestnu sod at
tL.st Gi2 So average, ga. 5000 tons Pea sold
J ~ sl.JOGlbS. average 90
The prie0s realized, shoTs loss Of about ~