Savannah morning news. [volume] (Savannah) 1868-1887, 1883-08-23

some Facts Concerning Savannah :
Trade-where The GIistening Fuel
Comes From-The Outlook for the
Winter

some Facts Concerning Savannah :
Trade-where the Glistening Fuel
Comes From-The Outlook for the
Winter.
HInquiry Yesterday by MORNING NEWS
! reporter among the leading coal dealers OF
the city developed the information that
the prices during the present season are
I considerably in excess Of those oflast year,
owing. in a great measure, to the exces-
sive freights. Last year the average cost
Of shipment from the mines was seventy
4 FIVE cents per ton. This year the average
/ is 81 . per ton.
"What is the cause Of this increase IN
I freight - was asked Of a prominent
dealer.
"Our rates" he replied. are regu-
\ lated in a measure by the lumber
trade Ships bringing coal 70
/ this port from the North depend upOa
+ lumber for their back freight. The pres
Z eut depressed state Of the lumber market
and the limited exports require less ship
ping facilities, and hence vessels bringing
/ down coal with no prospects for return
I cargo. exact a higher freight"
sWhat is the source of coal supplied to
I this markets'' was asked.
Anthracite coal is chiefly mined and
I brought from Pennsylvania. The soft
/ coal Is brought principally from Mary
/ land Occasionally cargo Of aDthra-
( cite is thrown upon the market by for
I eign steamers. and last year there were
more foreign shipments than usual"
is the supplying of foreign steamers
much Of a trader:
..Itis big item in our trade" was the
reply. For the year ending June, 1852,
our sales were 5000 tons. For the year
ending June. 1883. they were l.200 tons. a
falling of Of 200 tons.
"What was the cause Of this falling
of :"
MAINLY. the fact that ships from the
North. European and English ports brought
their own coal in ballast and required no
supply here. Ships, however. from South
ern ports are unable 10 secure coal in bal
last and a supply is demanded here"
what is the prospect for the winter
trader
1t is hardly possible TO predict at this
time what il viii be. We are now deliv-
ering anthracite at s. per ton. 50 far as
we are able IL Judge. we have every rea-
. son TO expect lively trade"
The following reports from Northern
market indicate "A quiet state Of coal
trade:
The Philadelphia Ledger says The
anthracite coal trade Is in "A sort OF wait
ing condition at present, though the
activity in sizes for domestic consumption
continues. The large operators having
disposed in advance Of the entire output
/ 10 September are receiving orders only
I subject TO delivery after the first Of
I the coming month, and at such
( prices as may rule at that time.
MANY Of the dealers have already stocked
their Yards. and orders are not so numer-
I Gus. There is "a healthy feeling in the
trade. and the producers are IN cheer
full mood, the prospect being that the full
time working viii continue until the end
of the year. The total output for this
year is already nearly 900, 900 tons ahead
OF the same time last year. and the trade
is comparatively in a more active and
apparently stable condition.
The timers JDuTHnt saws: " The Penn
syIyania Coal Company mas taken the ini-
tiatIve by advancing. on the 18th. 10 cents
ton on egg. - cents On stove, and ID cents
on chestnut for New York ana Eastern
markets. The other companies viii follow
between the present and first OF next
month, Notwithstanding the large out
put, there Is no increase Of stock on hand
at tide-water shipping points; on the con-
trary. the stock was decreased last month
over $4,000 tons
The Eu4iHeefif4 Qad Mining ,joeTH0l,
speaking Of the market in New Ork,
saws: THE anthracite coal trade here Is
still very dull and there is no improve
ment whatever to report. June purchases
have been filled, and appear TO have pretty
thoroughly loaded up retailers, many Of
whom could not take any more coal even
if they would. The result is that there Is
considerable pressure to sell coal, espe-
cially as the production is large and the
manufacturing interests are very dull
o Consistency, Where l. Thy Jewel?
I ia r1f