The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1881-07-02
The Coal Trade.

we nave llttlc, says Mondays LedgerJ Y
report Of change In the anthracite coal trade
In nearly every respect the trade is abou
the same as il was this day lastweek. Their,
is still scarcity Of transportation, which
delays shipments Of coal. There is little Oi
no oversupply Of coal in stock, and no de
mand for coal except for the reason tina
there is lack Of immediate transportation
Work at the mines was suspended thre'
days during the last half Of the past week
but at all the mines Of all the several re-
gions work will be continuous all the pre-
sent week. Next week there will be another
three days suspension, which will includ,
the anniversary OF the Fourth ofrIuly, &c
that II is expected that there will be nearly
full months working in July. The Exc.
cutive Committees of the Lehigh and th'
Schuylkill Coal Exchanges met on Thurs
day, and, after considerable discussion, de.
cided to make no change in the price of Goa
for The month Of July. Prices have gener,
ally been maintained, and the present out.
look Of the anthracite coal trade is in favor
Of only so much Of curtailment as will keeI
prices at fair remuneration for cocl. Ths
supply of coal will no doubt equal the de-
mana, and so make the coal trade Of 1881
fairly profitable. The Miners journal says
"At the Mine Hill Gap Colliery fthe Phila.
delphia and Reading Coal and Iron Com
pany a short tunnel, just finished, has struck
the Crosby vein, l3 feet thick. specimen
taken from the top bench, which is five feel
thick, shows as fine piece of coal as any in
the region. We are glad to notice that Penn
sylvaDia keeps up her proportion of the coal
supply of the United States. In 1879, oi
81 900, 900 tons mined, Pennsylvania pro-
duced 81 500 900 tons. In 1880 the product
was $4,000 900 tons, of which Pennsylvania
mined 100000 tons. The remainder came
from twenty-five States and Territories, in
the order named Ohio, Illinois. Maryland
Missouri, West Virginia, Indiana, Iowa and
Kentucky. The others mined less than a
million tons each in $780," The Engineer
ing and Mining journal says: "The present
outlook is in favor of a continued curtail-
ment of production during July and un.
changed prices. 1t is evident, however, that
buyers will have to contend with higher
prices for coal and higher rates of freights
earlier in the season, and we again repeat
our advice to take advantage of the present
condition Of the Market which is not likely
to be materially worse before winter. Har.
mony appears to reign again among the
companies, and there is nothing at present
to indicate disruption or even change o.
programme during this year. There is Ger
tain amount Of uneasiness on the latter
question, but there is no preceptible move
ment to cause trouble" The present price!
Of coal are pretty well sustained if any cut.
ting is being done at all just now it is don't
very quietly, and the companies are con
templi ting a possible increase for August
The demand from both East and West i.
fairly good and gradually improving, and
the Southern market is better than usual al
this time Of the year. The ma rket is likely
| W pe o'iOiBei III VulfJ iOI c"usuineIs VIII
lay in their long delayed fall and winter
supply to great extent in anticipation o
almost certainly higher prices for August
They have postponed it for 50 long that al
active time of it may be expected when they
do begin, which, there is reason to believe
will be pretty soon now. The July produc
| tinn prorra N, mo hoe mot vat baan orrood ON
further than for the week between the 30
and 10th, which is Que of the half time al
ternate weeks of the June programme, thu
only difference being that the three days o
suspension are the 4th, 5th and 9th instead
of the last three Of the week. J he Readn,
people have no more than 10000 tons a
Port Richmond, and say they can get rid o
all they have very readily. They think tn,
programme will be full time for July alle
the 10th, but in this the wish may be fathe
of the thought, and most other agree tina
prolongation oil the June arrangement o
alternate weeks is more likely. The cit,
ANA line trade is quiet now, but will be NOR,
active soon.
The total tonnage OF anthracite coal from
all the regions for the week ending Jun
IS, as reported by the several carrying com
panies, amour ted to 63S,7G9 tons, agains
4l4,SlS tons in the corresponding week las
year, an increase ,f 223,956 tons. The tota
amount OF anthracite mined for the year
1904 SIT tons, against 9,579, 1922 tons for th
same period last year. an Increase OF 2,O25,
055 tons.