New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-07-13
coal TRADE REVIEW.
TFro,n The agineerHg and Mining Journal, J,ly 49,
ANTHRACITE,

Iron the Engineering and Mining Journal JtIy 1871
ANTHRACITE.
The week under review has been an exceed
indy uuet one rs regards the orders booked and
the very coastwise freghts ruling from both this
mort and Philadelphia indicate that old orders
NOT pressing the shippers As We predicted would be
the case the oytrproductOn Of the first six months OF
the wear IA being felt IN the last half Although look
for an improved demand In August, yet from
the present outlook it will be necessary TO limit
promotion month to counterbaance the excessive
production Of June and July. The production Of July
may not seem excessive, for anthracite coal is probably
as cheap as 1t will be this year, and frelgls are
about al the minimum and buyers nay be tempted 10
lay IN stocks II they DO however, II VIII ne meeting
largely a speculative demand and reduce that which
houd naturally follow later, ana viii not tend 10 make
the healthy market that has been expected The pro-
due, and dealers are oohng very confidently 70 an AT
vance I'm prices, not only In stove aud chestnut SIZES but
i'm others. We have frequently called attention TO the
danger Of losing trade II the manufacturing sizes should
he advanced During the early part Of tine year there
was but small proportion of the consumers who mad
aith I'M the combination standing through the year, and
in the event OF dissolution Of tins organization very
peHs now 10 be very little chance OF rupture THIS year
az least those who look 10 economies IN SO important
an item fuel are already changing to bitumnous coal
or ryug the There are very few
who have tried btumn0us coal who viii not say that IS
equal to anthracite as Il steam generator, Whlle,
pnmber of careful experiments and practical tests in-
dca, that at the same cost 1t has advantages OF from
10 per cent to 30 per cent greater than anthracite
We ave lately shown that IN many markets bItumi-
nous Goals are selling at even less than antlTactei
higher there large number Of consumers OF coal
VINO Will find II greatly to their advantage TO give the
fel question thorough investigation IL Is surprising
thar SO many manufacturing concerns consuming large
quantities OF coal should know so little about IT'S value
ar now 10 use it, With this knowledge many establish
mens could show results more favorable by thousands
Ot dollars. -.-,- -. 80
AS tons As against 397Oll tons the previous week,
and 3I3 iS2 the corresponding week OF 1877 1he
fotal production from January TO july was l2l2662
IONS rs compared with 99l1 73l tons for the IKE period
OF last year. showing falling OIL TINS year OF Z'o9Sooo
BITUBINOUs.
Tho orders secured earlier in the year are keeping up
liberal shpments ana there IS some miscellaneous bust
ness doing this trade suffers from the same cause as
anthracite viz inability to tind those who are aetu-
ally IN want Of coal , ga, NJ, -, 49, .
nrot In shipping ths article OF fuel TO Italy 10 compete
NOT only with English coke, but with American anthri-
cte coal which IL seeking market there Inc supefl-
orty of This coke should give great advantage There
ia hut little chance OF English COKE being offered AT
lower prices than at present for the competition Is SO
reat nj present as leave profit Unless men, thAt
mistake has been made 10 the price that Is Oeing
naid Tor English coke that the cost OF ranspO
Il renter fan has calculated 10 Is but falr 10 look
for an export business IN this direction