New-York tribune., 1878-06-08
NETWORK TRIBUNE SATURDAY

which wear there was strike in the whole anthracite
field excepting portion Of the Wyoming region. Why
determine 1t is welknown fact that the markets are
very well stocked owing TO very large supplies hay
cause. owing 10 the mild winter aud quetness in all
branches Of manufacturing, i! has not been consumed
President GOwen, OF the Reading Company, has written
TO Pottsyile foows have great hopes that after
ne LIST OF July we VIII oegh 70 get 1ne ss Dsne-
and you say 20 the men that we expect
nearly four weeks full work IN June and tnat
we are contemplating an advance on July i, which
will give the men better wages for July and hope
that before the ends we may be able to give them
one or two more advances Should the other companies
join this IN advancing the prices OF coal TO any CON
siderable extent II wogd very ms.eFay aeefease c sne
ed by lower prices Tor 9ituninous coal and hgneT gI5
for anthracite BiOssbnTg coal has been enabled
to come further East, and Clearhed and Cumber-
land biiumnOus Goals have made slight lnrOaus
to do a much larger business with manufacturers,
thTcite be advanced saw Is cents per ton Did manu-
facturers believe that the combination and higher
prices OF anthracite were TO be permanent great
begin the use of bituminOus coal As we have re-
marked the market is already well stocked and u IS
tiis month. The result viii probably be that by July
the market Will lie greatly OYeTstOcked such beng
the case why should there be demand Tor 10 100000
tons during the balance Of the yearl There some
years mast in a Fail trade The reason for this is that
a large portion Of the buyers now procure coal as
readily during the Winter months during any por-
Again, the majority Of the markets usually supplied
during tue navigation season are those most over
stocked hls ear We think The LedqeI has taken too
sanguine view. but should be pleased TO see the facts
sustain IT, for the business 1t predicts would be certain
sign Of renewed prosperity TO the country.
The likelihood OF "a strike among the miners this year
Is beug discussed considerably but so far there is notE
ing the belief that there will be any trouble
PenGsy lyania will have TO pass through active pot
cal campaign, and that State IS The pOssessOf OF an
extraordinary number ot demagOgucs OF tue worst
order the minds Of the aDOrng class will probably be
more less poisoned.
The production OF anthracite coal lastweek 204
2J5 tons, against 220359 tons the previous week.
and AS 535 tons the pODding week OF 1877 The
total production from January to June was 5,325,
6S1 TONS compared with 869l 06O tons for the ike
period OF last year. showing a falling on this year Of
2,36j,379
BITUMINOUs.
The business of the past week been very unevent
ful There have been large contracts taken and
not very great number of small Although
large number OF steamships ply between this couu-
try and Europe, yet most Of the reights are nom
here there these steamers are bringing over, 70 great
extent tie coal consumed in the round trip, and hence
the quantity Of American coal purchased H. not great
might be expected. The contracts taken earlier III
the season, however, enable the mining companies to
continue liberal shipments, and they hope, with ad
in price Of anthracite to be able TO increase
considerably their business.