The Carbon advocate. [volume] (Lehighton, Pa.) 1872-1924, 1882-09-02
The Anthrnnit0 noni rraas

/ NVhA AE0uos
Philadelphia LEDGER 2sth insta The
prominent features Of the anthracite coal
situation this week are the renewal Of half.
time production and the determination not
to advance rates. The Lehigh and schuyl.
kill Coal Exchange have decided TO continue
the current coal prices for September, and
they have, with the other coal interests, al
so ordered sto?page Of production for three
days this week and three days next week
Thus vanish into thin air the industriouslv
circulated reports Of few weeks ago that
coal prices we're TO be advanced on Septem-
Der LIST and thus also is given tangible evi.
dence that, taking the entiro market
through, the demand for coal is not equal
to the full supply when all the companies
are working full time. Yet there is no sur
plus at this port, where stocks are still light
and where all the coal brought to market
seems to be readily sold. In fact, the situa-
tion just at present is q demonstration Of
the superiority Of the coal marketed by the
Philadelphia companies when compared
with that produced by the New York COM
Panies. The consumer nlwsys prefers the
former, and the Philadelphia companies,
other things being equal, can almost always
dispose Of all their production, while New
York coal is not equally in demand. The
surplus anthracite product thus far this year,
compared with the sa He time last year, ap-
proximstes zoo, 200 tons, and nearly the
whole Of this surplus has been sent to mar.
ket by the New York companies, whose
storage yards are constantly oIerstocked.
The over-preduetion has been made by the
New York companies, aud the half time
suspension that has been ordered was in re-
sPonse TO their earnest demand, the accu.
mutation being found too great TO be longer
manageable. There have been thus far AZ
days of suspension in the current year COM
pared with 43 days to the same date in 1881.
In this city there is little change in the coal
situation, the demand being about as usual,
and the stock Of coal on hand at Port Rich
mond being slightly less than at this time
last year. Vessels have been in good sup
ply and are promptly chartered. Shippers
show anxiety to fill ali orders on hand be.
fore the close Of the month, so as to avoid
any advance Of tolls that may then be made.
The companies hope, ifthe six days of sus.
pension are strictly observed, that it will
reduce the output to about that of last year
and strengthen the market so as 10 insure a
good autumn demand for coal. Whether
there will be further restriction is, however,
still an open question, some operators in
sisting that the output should be reduced by
fully one million tons 10 impart proper
stability to the trade
The total tonnage of anthracite coal from
all the regions for the week ending Aug. l9,
as reported by the several carrying compsn-
les, amounted to 637 ,sO7 tons, against 694,.
2l9 tons in the corresponding week last
year, an increase of 33,5l6 tons. The total
amount Of anthracite mined for the year is
1881 ,02s tons, against 1869 ,496 tons for
the same period last year, increase of CAL.
532 tons.
During the week ending August IS, there
were s9,O0S tons Of coal shipped over the
L. q s. RR., making a total to date of D.
sl4,4s2 tons, an increase as compared to
same time last year of 81, ,535 tons.
For the week ending on the 26th INST.
l34,57S tons of Goa! was transported over
the l.. V. RR., making a total of 4,444, ,229
tons to that date, and showing an increase
Of 800 ,294 as compared with same time last
year.