The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1877-03-17
The Coal Trade.

The chief feature in the anthracite coal de.
partment during the past week was the move
nent Of the Lehlgh Goal and Navigation RaiL
70 Company against its lessee, the Central
Railroad Of New Jersey. Notwithstanding q
very great deal in tlis connection which has
been reported in the newspapers within the
last four or hve days ~ untrue or greatly exag-
Grated, we have asceI talned that the Nav CATION
Company. III order to hold and maintain intact
nll its rights unuer tine lease OF its property ~
the New Jersey Central, did, on Monday Of
last week give formal notice 60 the officers of
that company That legal steps would be taken
for the recovery OF possession OF the leased
railroad But IL Is not ut all probable that the
threatened legal proceedings will be allowed to
prOgress 60 any result. The Lenlgh Navigation
COMPANY does not mean 10 hose Time nor allow
any of Its advantages under the lease TO lapse,
hence the tirst legOl step OF nQtce TO pay or sur
render But this wll probably be the end Of
the law proceedings. 1t Is 80 nlanitest,y the
true policy, indeed the salvation, of the Cen
tral Railroad to mold It's connection with the
anthracite coal regions, as secured under the
lease of the Lehign and Susquehanna knilTOad,
that no one acquainted wltn the relations OF
the trade OF the two Companies can DOUBT that
the leSsees will spare no effort 10 MAINTAIN the
lease IN force, II NAV be lncgnven ent 70 con-
the point to which all other considerations
must bend, ana there Is reason TO Doleve thus
essent al result wlll be satisfactorily attained.
Where the, 3 is a will there Is a way, and whe o
the interests of several parties involved are al
ole way, intelligent good nature Is very sure
IN the present matter of difference amlcaDle
negUtiauOns have already commenced and
there Is little rea on to doubt Will end IN The
maintenance OF the status OF tne companies
Wine the Navigation Company, Onder IOI1elt-
ure of its lease might work It's own properties
with advantage II Is very apparent that
faithful cOmpnance with tue terms Of It's lease
by tle Central Is III many respects more desir-
aOe' If not more profitable. B0.h the parties,
lessons and lessees, rep esent properties Of far
too great value to lOcA them up IN lawsuit
that may prove IntermnaDle Present hnancial
rouO es, there y ,ely reason 10 DeheNe' VIA
mOniOuslY and, II is hoped, probably. An
other matter in this connection, anu even more
directly connect ed with the eOai trade for
the year Is report in circu alton 70 the etfsct
that the receivers OF the Lehigh and Wllhes-
barre Goa Company have mHqe contract with
MI CLatles Parrish TO niue WllkesDarfe coal
for them az q 25 per ton. NegOta ions are
now IN prog ess. and 10 Is highly prOOaOe that
a contract of tne character mentioned wiz be
made, out at lower price per ton than IS
named, The receivers are inclined 10 TINS
policy tO avoid as lar us possible line risks con.
nected with mining coal, aud 20 liz the cost at
production, as we'll as Of sehulng 70 market, 80
as to know within marrow limits the result OF
tie OOperauOns Of each day or week rms ar
rangement iOr wOrhiug the Wlkesbalre coal
nlnes may prove economical ana wise, out Il
seems To iOreshaCOw strong and determined
competition IN the coal tr NE Tor me teman nuer
OF the eur We have not had much tnlth IN the
report Is Of any OF the recent Efforts maklng 10
cOlnOlne ana concentrate the trdue on elther
prices or production. and the Indication, OF any
such result are lees auspiclOus now tAan here
tOfJie. There Is lair prOmisa now that t0t the
remainder OF the year there Will be pieuty OF
cOal, and at prices that ever accompanies an
over supphrd market While this competition
may hcn little tAe coal operators. u VIII
1avor the great coal carrying companies, who
manly p on. tfun tonnage, when Increases hs
the low bliees widen the COnsumpttVe demand.
-Pnil9delpnla Ledger, 18th INST.
he following table shows the quantity OF coal
shipped over the Lehigh Valley itallrOad for the
Week ending Mar. lrth, ls77, and Tor the year as
compare ca with tue same time last year;