The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1881-07-16

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The anthracite coal trade presents little,
If any, change in It's present situation or in
its outlook, says the Ledger, Of the nth.
There is a good stock and moderate sup
ply Of orders. II has not not yet been de-
ciden whether there will be further sus'
pension of coal production. II is deemed
probable that there will be a suspension for
the last three days Of this month. Some Of
the interests of the trade contend for six
days suspension, while some others resist
any other further suspension at all. Amid
all the several differences Il is thought pro
bable that they may compromise ON the
last three days Of the month. Whatever,
however, may be Determined upJh in this
regard, IL seems 10 be conceded as certain
that there will be no break In the united
action Of the trader they viii all act in uni
ty, as this, 10 is belevedj will keep the con-
troll Of the trade in the bands Of the produc-
ersi and thus shut of all possible apprehon-
sion of bankruptcy and loss, while there
will still tefiain enough of competition in
the trade to protect the consuming public
from extortion in prices. No trade or pur-
suit prospers so much or so we'll as when all
the parties profit fairly and as nearly equal
ly as may be from it. The consumers Of
coal are an important party to the coal
trade, so long as they are duly considered
by producers and carriers in the matter Of |
prices just cause of complaint is removed |
against any determination they may unite
Acting on this policy, the coal trade has at
tanned a stable footing, and the present out
look is that it will maintain it to the end Of
the year, and, indeed, so long as they shall
observe their present line of action. The !
Engineering and Mining Journal sees the
anthracite trade in much the favorable
light that we do. 1t says: "The present
outlook is a very hattering one, and the
evidences favor demand that will make
regulation on the part of the managers un-
necessary for some weeks TO come at least.
1t is also indicated that there will be an ad
vance in priceJ on August LIST. Although
the production of coal for the first six
months of the current year was at the rate
of over $4,000 900 tons per annum, showing
gain of over two and quarter millions Of
tons for the first half Of the year, the out
look favors much larger business for the
last half, although probably not so great an
increase over the corresponding half Of
$780," The Pottsvlle Miners journal
says: "The trade has been tenderly nursed
by the several interests controlling the pro-
duction since March last, during which Pc
riod number Of suspensions have been or
dered so as to limit the supply as nearly
as possible to the actual demand, and it is
believed by those best posted in the trade
that it is now nearly in condition to take
care of itself. No further suspension has
thought that possibly one more may be
needed, and If such should prove TO be the
case it will take place during the last week
of the month, and will bo for three days.
After that. should the iron trade only hold
to its present demands, there will be at
least four months steady work to supply the
coal that will be needed for fall and winter
use. Meanwhile prices will remain for the
month as announced In the June circular,
from which there is very little shading. It
is very probable, however, that there will
be an advance. in August for coal for the
New York and Eastern markets Of 10 to Is
cents on broken, egg and chestnut and 25
cents on stoye. No other changes arc con-
templated at present" The worlds output
Of hnal sta nds as 10 hnias as fnllnws.