The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1881-06-04
The Coal Trade.

SnOulu De your lou.
Now look to Jesus who on Cavalry died,
And trust on him who there was cruciied
==----------a--s-.-
The Coal Trade.
The anthracite coal trade in this city, says
last Mondays Philadelphia Ledger, is fair
ly active, and coal of almost all sizes is in
fair supply excepting pea ard the larger
steam sizes. The demand for coal for ship
ments beyond the Capes is active, and the
supply is only limited by the scarcity OF the
means of transportation, both Of cars and
vessels, and especially the latter. A change
in this regard is confidently expected during
the present week, when the trade for the
year 1881 will probably begin to show its
strength. The supply of coal is pretty full
but not so full as to likely depress the prices.
The large companies having the trade in
control continue to work in entire harmony,
and there are no indications as yet that they
will foolishly throw away the advantages
that they possess. There IS believed to be
a market for about as much coal as can be
put into it this year, and as we'll for about
so cents more per ton as for so cents per ton
less. This on $4,000, 900 tons of production,
instead of 2S,0OOO0O tons, counts very
handsomely for the trade, and continuing
the coal trade with this purpose all the time
in view, the mining regions of Pennsylvania
will be more largely enriched than will
those of other industries Of whatever region
in all the country. So long as the prices OF
coal are not unduly run upon consumers
this addition of million or two millions of
dollars to the coal product of the anthracite
regions is thing to be duly considered. In
| regard TO the near future of the coal trade,
the several Interests arc just now engaged
in discussing The programme to be followed
next month. The Miners Journal of Satur-
day last says: "Some are in favor of full
time, and others favor partial suspension
should any suspension take place it is
thought that it will not be necessary until
after the first week Of the month, as the
oitiers in hand Of several of the companies
will reouirs that much full time at least to
fill. In the event Of d suspension after that
period the receivers ofthe Philadelphia and
Reading Company are endeavorng to make
it for at least one week at time. Hereto
fore the Reading Company has been about
the only interest to really suffer from the
three days suspensions. 1t is we'll known
that the company has lived strictly up to
agreement by abstaining from all work in
| the intervals of suspension that was con-
nected with the loading or otherwise facil-
tating the transporting of coal, and that
most if not all Of the other operators, while
restrained from actual transportation, have
not strictly complied with the agreement,
SO far as it related to preparation for trans
portation. By this means they have been
enabled to get in about five days work,
leaving but one day ofaetual suspension. A
suspension for week at time will more
nearly equalize matters, as when the schutes
and breakers are once filled there will be
enforced idleuess until the coal is loaded on
the cars. The Journal has always favored
the longer period for the reasons above
! given, and as it is the fairest, in fact the
only just plan to all engaged in the mining
of coal, it is to be hoped that the efforts to
and schuylkill Coal Exchange Committees
have decided To make no changes in prices
for the month Of June. So the line prices
of Lehigh coal at Mauch Chunk will re-
main as follows Lump, So Is; broken and
egg, $Sj stove and small stove, So 10; chest
nut No. 2, 81 IS. The line and city prices
of schuylkill white ash coal at schuylkill
Haven will be Stove and small stove,$2 85;
chestnut No. 1888 6o;chestnut No. 2, 81 5Oj
pea No. /, 81 6bj pea No. 2, 81 As. The
Reading Coal and Iron Company advanced
pea coal is cents ton for line and city
trade and 20 cents for harbor. The receivers
of the Reading Railroad Company have ad-
dressed circulars to all the several compan.
les in the coal combination by which to OBJ
tain some modification of the half-weekly
working at the mines. The proposition is
to work one full week in each ofthe months
of June and July, and to stop all three days
WORKING. Several suggestions as to time are
made, and though there is diversity of
opinion as to which will prove practically
the most satisfactory, there is no probability
of disagreement, but perfect concert of
action as to the policy that may be deter
mined upon. Thus the coal trade will be
held in unity and in full control. There is
| a good stock of coal on hand and the orders
with some companies sufficiently large TO
keep them busy up to the LIST of July.
The total tonnage of anthracite coal from
all the regions for the week ending May 2l, =,
as reported by the several carrying campan-
les, amounted TO 4l5,SsI tons, against $685.
975 tons in the corresponding week last
year, an increase Of 10 ,406 tons. The total
amount of anthracite mined for the year is
9,44s,Sl4 tons, against s,Ol6,237 tons for the
same period last year, an increase Of l,432,-
b77 TONS