The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1881-11-05


The condition ofths anthracite coal trade
was never, says Mondays LEDGER. within
our recollection, reported more favorable at
this season Of the year than just now. The
demand for coal is unabated, and, notwith-
standing the production is some three mill
lions Of tons in advance Of last years sup
ply, orders for coal are daily on the in
crease, as well from the West as from the
East. And as the hinderance to an increased
production Of coal is kept up by great lack
Of water at the mines, II does not seem
probable that there will be such an increase
in the supply of coal as will materially
bring down prices. At sll the coal centres
the orders for coal are greatly in excess OF
thS power and capacity of the dealers 10
supply, Should there be, however, such an
early supply Of water as to remove the pres
ant complaint from drouth, there Is little
reason to belieye that the production ofcoal
during the remainder Of the year and
through the coming winter will more than
equal the current demand. Admitting that
the next years demand for GOAL may be no
greater than the usual average ahnual in
crease, the production going to new terri
tory, and especially TO the West, will serve
70 so widen the field Of consumets that
prices are more likely to advance than 9th
crwise for years to come. The iron manu-
fatture demand for coal holds we'll up, and /,
in the opinion Of those we'll informed, will
even exceed the demand for the year 1881
LooEihg 10 the future, therS is no pursuit
that for the next Eve or six years promises
better than that OF the coal and iron. A de-
ma1d for iron and steel makes a demand
for coal to manufacture il and domand for
many other things necessary to the trans
portation of all else. The coal trade in the
past has been more or less precariousi it Is
subject TO unforeseen vicissitudes, aud; re-
quiring large capital as it does, when the
turn Of the market IS against it the loss is
apt TO be rapid and great The last four OF
Eve years has had thuch of the tiufavordble
10 contend with from one cause or aiiother
the present and past year; while they have
not shown largely Of direct money profit
have nevertheless, in their experience
taught that which is worth more than mere
money th5y have brought Id practical use
a more col rect knowledge of the business
The consumption of coal is estimated q!
doubling every lecade; that is, il the pro
duetioh in 1881 shall be 27,5OO,O00 tons, il
is fair to estimate that Of 1925 will be 55,.
100 tons. The committees Of the Lehigt
and Schuylkill Coal Exchanges held meet
ing on Friday afternoon at the office o
the tehigh Coal and Navigation ComhaHy
It was resolved that no change in price
would be recommend for November in th'
lite and city and harbor trade; The LIE
high line prices at Madeh CIidirR Will be a
follows Lump, $3; broken and egg 81 as
stove and email stove, So So; chestnut, 81.
60; do. No. 8, II 80. The Lchigh cit,
prices at Mauch Chunk will be- Lump, 81.
IS; broken and egg, So; stove and small
stove, So 10; chestnut, 50 S5j chsclhut, NJ
2,$l IS. THE liiie and city Prices Of III
Philadelphia and Reading Coal AMI Iroi
Company for white ash egg at Schuylkil
Haven will he Lump and steamboat, So
broken anil egg. $g 75i stove and smul
stove So IS; chcstnu, No. !, 50 60; chtstnu
No. 2, 50 so; pea No. |, i Go; pea M:
sl 40. A slight change will be. ina'le il
Eastern prices, ms red ash cnal at Port Rich