The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1882-09-09
The Anthracite Coal Trade.


Philadelphia Lcdqer, 4th insti The an
thracite coal trade remains nearly steady,
but is quite dull, though the amount Of
business doing at the mines is large. On the
26lh ult., the surplus stock Of coal at Port
Richmond was $4,000 tons, while on the I'd
inst, week later. the stock was but $4,000
tons, This is fact that shows steady
shrinksge Of the stock Of coal on hand. The
Reading Railroad is doing an amount Of
business almost equal to its greatest total at
any time heretofore, aud the belief is gener
al among the best informed lu the trade
that all the coal that is likely to be brought
on the market during the remainder of the
year will meet with sale. While there is a
surplus Of coul at this market there is no
glut, nor is there at this time any probobil
ity bf further restriction of production,
The Lehigh Valley Coal Company is pro-
ducing largely this year, showing that con
siderably increased tonnage over that of last
year. The whole business of the Reading
Railrod region has largely increased the
coal tonnage, the passenger travel, the mer-
chandise traffic and everything connected
| with transportation is on the upward move.
Nearly everything requires larger figures to
cover them. We haye repeatedly during
the past year called attention to the growth
of the trade of the far West into our lie.
high coal region. The amount ofanthracite
coal in each successive year going west iu'
creases. The Engineering journal, in its
last issue, says "Although usu ally the last
week Of the month, the time preceding the
announcement Of new circular rates, is the
briskest we cannot hear that, EXCEPT in a
few instonces, there has been dny unusual
activity. While it is conceded on all hands
that there is every prospect Of an improve
ihent at a time hot far off, there is no doubt
that there has been no important change
just now. 1t is expected that the improve
ment noted will last till the end of Novem-
Der or tie beginning Of December when, 1t
is ie0redJ heavy production will weigh on
prices In the open market coal is selling at
low figures, though the companies claim To
be refusing any more business at August
rates. There Is no doubt that ther6 is still
considerable theap coal in the market, and
before that is abs,fbcl there can be little
chance Of better figures" The Miners JouF.
nal, writing of the Schuyikill region, says
"The six days suspension seems to be al
that is necessary te establish the trade fol
the remainder of the year. Orders for Sep
tembAr indicate that the trade for tina
month, at least, will be very brisk. Price.
for stove hiid chestnt;t coal to tide water 70
shipment to competitive points have beer
advanced for September ty tho Delawar,
AMI Lackawanna, Delaware and Hudson
Lehigh aud Wilkesborre, Philadelphia anc
Reading, aud Lehigh Valley.
, The total tonnage OF anthracite coal from
all the regions for the week ending Aug 26
) as reported by the several carrying coupan
= les, amounted to COS ,gl3 tons, against G2O,
9g1 tons in the corresponding week las
! year; an increase of GIG tons. The tota
amount of anthracite mined for the year
17,ss4,l7l tons, against l7,l02, ,OO6 tons ia
the same period last year, increase of G92
1 l65 tons.
= For the week ending on the 2nd ms
1886 tons Of Goa! was transported oTe
= the l. V. RR., making total Of 4,523,O9
: tons to that date, aud showing an ircreas
u Of 366,OS2 as compared with same time lai
year.
l. During the II days ending Aug. 81, ther
i were l7S,2l6 tons Of coal shipped over tn
u L. & S. RR., making total to date of 2
e 992,709 tons, an increase as compared
! same time last year of 72,40l tons.