The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-01-03
COAL COMPANIES MEETING.
FAILURE OF THE REPRESENTATIVES, OF THE
GREAT COAL CORPORATIONS TO FORM COM
BINArION.
[BY TELEGRAPH TO THE HERALD
puyvA Ian D 40


PHILADELPHIA, Jan. 2, 1873.
Tho adjourned meeting of the representatives OF the
great carrying and coal producing took
pace hero to-day. and cnother effort was made to
como 10 nm agreement. The consultation long
one, beginning ut noon and lasting, with ad-
journm for lunch, until hafpast six this evening
but IN spite Of It's length was not conclusive In its
action, and tho combination is' not yet nm accom-
plished fact The gentlemen present were the fol-
iowipg:-rhomas Dickson, Delaware and Hud-
son Canal Company; Samuel Sloan. Delaware,
Pennsylvania Coal Company; Thomas A. Scott, A. j.
Cassatt, Isaac wster, Pennsylvania Railroad; 4. s.
Lathrop, +. ". Clarke. New Jersey Central, Leh,gh
Navigation Company and Wikesbarre Coal and Iron
Company; f. 7. Wilbur, DR.. Lindernan, individual
operators OIL tho Lehigh Vacs Railroad Y. Is.
Gowcn, Philadelphia and Reading Railroad; Jonn l..
Gracn, Of individual Schuylkl operators.
THE PROCEEDINGs
The proceedings Of tho meeting, as they were fur.
nished TO inc press were as foliows:-
The committee OF 1.-Two reported the full details Of
the tonnage OF each interest," and OF the aggregate,
and properly assigned 10 'he respective cOmpa.
the return OF moro than ono company,
reported distribution OF tonnage. The report
accepted, and, motion being made that the ton.
mage Of the last nve years be taken basis OF DIS
tributon, the following interests voted In the AFFIRM
at,ve:-Lehigh Valley, Pennsylvania Railroad Com
pany, New Jersey Central Pennsylvania Coal CON-
pany, Delaware ana HUDSON Canal Company; and in
The negative, the Philadelphia and Reading aud tho
being unanimous motion was made that tho results
OF ten years. production be made the basis Of the
allotment. upon which the following voted
In tho Affirmative p Philadelphia and Reading,
Pennsylvania Coal Company, Delaware and Hudson
Canal Company; and In tho negative the Central Of
New Jersey, the Pennsy Railroad Company. the
Lehigh Valley and the Delaware. Lackawanna and
Woslern. t.. -
Judge Iathrop suggested the following compro-
the basis oil TO- 900 tons total
sh pment:-Phiiadelphi and Rearing, twenty eight
and per cent OF the entre production OF
Anthracite Lehgh valoy, eighteen aud threeq
per cont; Central OF New Jersey, thirteen and one
quarter per cont; Delaware anA Hudson, twelve and
three-q quarters per cent; Delaware Lackawanna and
WESTERN twelve and throe-quarters per cent; Ponnsy
vania Railroad Company, seven and threequar.ers
per cent; Pennsylvania Coal Company, SIX per cent;
provided that the tonnage given 70 the Lchgh Canal
by the Lohgh Railroad Company shall DO cLargcablo
10 the latter This allotment was accepted by all tho
interests represented except the Lchign Valley op.
orators, who voted against II, Dr. Lindcrman stating
that he thought II Unfair 10 those whom he ropre-
scented.
NO COMBINATION.
The vote not being unanimous tho meeting ad-
journed die with the understanding that II re-
quested by the representatives OF tho Lchgh Valley
operators within iorty-eght hours II Will again con-
venc at the call OF the CHAIRMAN, Mr.. Dickson. IL Is
likely the lehign men Will come Ia, and tho com
binatiou rs, therefore. as tar from being formed