Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1883-04-07


eason, from Georgetown. The va
: ETY. Of coal offered for steam this
yosr increases, and all the new fields
/, matter of course. look to thu
,astwiss trade for a portion of Their
BUSINESS, and this will keep the trade
close one and tend to make buyers
more Inclined to shop around for
heir requirements, or, rather they
ill have plenty Of opportunity for
placing their trade through the &C
tivity Of the jobbsrs of the various
Goals. Goal Trade Journal.
The trade is in a puzzled state.
Low offerings Of coal continue to be
made, some of the figures we hear of
being surprising. They can only be
accounted for, so far 'as Cumberland
is concerned, by the lew cost of put
ting coal on board at Georgetown,
where coal is held at So .2o@$3.25,
leaving good profit for shippers. So
far as Clearfield coal is concerned, it
surmised that the shipments under
some Of the old contr acts must con.
tinue, because they are impossible un-
der ruling rates. We quote Clsarfeld
nominslly 81 40@$450, and Cum
bsrland $4.5o@$4.60, though we
hear of transactions at lower figures.
PHILADELPHIA. - Despite the
gloomy predictions of a good many
operators in soft coal, the statistics of
the trade exhibit large and steady
shipments. The demand has shown
signs of improvement in nanufactur-
ing circles, though it is by no means
heavy. A large number of inquiries
have been received. Buyers are, in
good many cases, still DELAYING, in
hopes that the freight rates may be
reduced, or the anthracite policy take
seine definite shape. The return to
restrictive policy leaves the soft coal
trade where it was. Selling prices
have declined in some cases. and in
view of the apparent determination
of the railroad company to adhere to
rates it is probable consumers will
make the best of the situation and
place orders for the spring and SUM
mer. Cumberland shipments are
maintained at about the same point
as last ear, but the relative figures
from this out will exhibit great dis
similarity, as tho long and futile
strike was inauguratsd on March 18th
The manufacturing demand for soft
coal will probable improve in q few
days sufficiently to prevent any gen.
eral or serious cutting Of rates. The
supply will be strengthened by the
output of few additional collisriss.
BosroN.-Thers have been no
movements Of Importance in bitumi-
nous Goals. Jobbers are finding =
slight improvement in the general
demand, but there is room for much
more. What is wanted is usually
wanted in hurry, and The same
may bs said of the small lots of an
thracits that are selling. A leading
dealer was not far from right in say-
ing that he could do ten times as
much business with the work in detail
required to hurry alcng these small
lots.
CHIcAGc.-An increased demand
is noticeable in the bituminous coal
trade, the increase being with iron
manufacturers principally, which in
terest has much improved of late.
The iron establishments CT Chicago
are all now running full time. and
are consuming the usual amount OF
coal. The steel mills do not claim
he activity denoted in iron bet
their INTEREST is also imoroving, and
probably but little time will slspsa
before the former amount Of coal will
he taken by THIN The trade with
railroad companies shows steady in
crease, which is partly owing to tie
rapid construction Ct new roads, which
last year was very large, aud tins
year, thn- IA, zines Ja3usly LIST, has
bsep 394 miles. Quite a number OF
NV founiries, csr.sh.ps AID ear
wheel works have recently gone into
apsratlcn. thus increasing to quite ar
sxteIt tn2 demand for coal. Now
York Goa.
The Phitadelphia Labor Strike.
MANY OF the prominent mem era