, 1877-06-12
COAL,
Organization Of = New Combination.

Organization OF New Combination.
Special CbsytspoHdsaes ef TIE Tribune.
MAcGu Cnrsk, Pa. juno 0.-The ctaltrade
Is about to he excited by The organization Of
new combination. The projected aseoc!atiuu Is
quite different from any that has ret been
formed by the coal operators Of the State. The
combination will tc represented entIscty BY tic
small operating companies and individual oper-
atoEs, whose business interests have been great
y encroac!el upon, and injured to greater Of
Lesser extent by the Rreat mining and TRIMS
portation companies. As has been mentioned
in previous coalregiou letter To THE TRIBUNE,
Tho schemine Of the aforementioned COM
pantea has been directly aimed a. the small
eutnpantes and individual operators, 10 crnwl
thctn out Of the trade: anil. to protect them
sclves from entire ruin, the last-named parties
iase leen compelled 10 employ sumo ncans to
keep themselves In existence.
With the object Of organizing some assocta-
tton for protective purposes, the companies VI
tho Bchuylktlt, fclIlgn, Wyoming, and Lacka-
wanna regions, which hare warKcl 1n,lepenl-
emily Of the Anthracite Goal Association (wltcl,
represents all the large mining and carrying
curp,sationst hare combined With the many
indiTldnai producers Of the sar'ntts regions, and
determined upon the organization Ut an tnde-
pcdent cooperative and protective association.
scveral meetings. hare been held to put the
movement into pfopcr shape; and IL Is expected
that, within eEUrt time, Il will bc fuily tssab-
1tsl,ed.
For some time past the Erie Railway and
Pennsylvania lsa1lrond Cohpahcs have bern
ttells 10 secure Influence there. and, from what
has leaked out, It IL tcttcvel the independent
acl.ctne IL aflle.l substantially By 10th those
Companies. The association of these railroads
1tntY+
with riew Of checknat!nx the New York eon-
ranics who GompUsc tho gigantic Coal Ring
upon their own ground.
Tic new combination las yaat mining faes'f.
traorlnary demands for soal}; anu the fine. Of
the Pennsylvania and Ere Railroads., which
traverse the regions Will be ample for the trans
portatipn Of the fuel to the beatroarti. The
Lchich regions, while the Eric Railroad pene-
ttatca tho Wyoming anil Lackawahna districts.
Deatles thfk, both C0tnpRHIes have large pos
sessions In the regions. Tks 6usquc!'anna Coal
Company. whose extensive operations .eeutre at
tho adJune,s ot the Pennsylvania Company.
This corporation has been cooperating witt, the
Independent cout-opcratlons for quite period.
The particular utIert Of the new association
with the Vest Tho Eric Canal Company is
mnkinC largo DETERMINATIONS In frctghts to
those who propt,se shipping coal through the
canal to Buffalo, anu from thence westward,
e1tltcr on the railroad or ria Lake Eric.
The aggregated amount Of capital represent
c1 ly thu snail companies anil individual or
orators Is between Sll,00U,0o0 au.l go U00 ,fGl.
Thetr snni1af coat-prolucing capacity Ia estmat-
cd al 50u1 000 tons. THIS can be niaterialy in
creased should the necessities Of the trade de-
tnanti It.
Tic territory occupied BY those proposing 10
connect with tic assoctatiuf Is In tho most pro-
life and richest scctions Of tic Middle md
Northern Coat.Ftelds of tho 2ctnylkIll, Lchgh,
Wyoming, and Lackawnnna Valleys The it,li-
Gallons arc excellent for tue inauguration Ut
one Of tue lvclicst wars that the coal trade has
t yet witnessed. That t,nstIlltcs will l,c opened
ut IN carly date, Is almost certain. X. lLW.