New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-03-10
NOTES on INDUSTRY And TRIDE.

Observation-Disclosures a real increase in the de-
mand such that the Thomas Company has booked
orders for $4,000 tons since January !. the market
for iron does not change much as 10 price. Jncer-
tainty about Congressional action has most de-
pressing effect in many ways; It stops contracts
reduces the demand to the minimum, makes pro-
duccrs willing to accept almost any rate that Will
barely prevent closing and dispersion Of their
hands. and prevents the rcopcning of furnaces now
closed. At Philadelphia too, 1t is noted that south
ern irons are much inquired for, but the supply Is
sold up for some time to come.
CoAL.-Whilc antoliluvian members of Congress
are pcrsuadnp themselves that this country Is sui
ferng for want of free coal from Canada, the Cana
dian miue owners are bcseeching their own Govern
mcnt not to admit free coal from the United States
and complaining that So 300, 900 worth of coal was
importtd from this country last year. paying
900 900 duty. OF the whole. . per cent was an
thracit6 and - per cent btumnous. Men who have
their ewes open see that the whole current OF the
coal trade is changing Beginning at Boston, II
appears that several large mill contracts have been
made for Cumberland and Clearfed coal, the
former it is said getting rather the larger number
of contracts. The rates by the Baltimore and Ohio
have been made so low that the Cumberland coal
is offered alongside in Philadelphia at Y3, but the
Pennsylvania has also recently reduced it, rate
important Iict Is That several large No"-t-h
land contracts have been made for New River coal,
shipped by the Chesapeake and Ohio, and from
Newport News at 81 - to Boston, against 81 %
IA 81 80 for bItuminous from Philadelphia, 81 40
from Baltimore, ~ 60 from Bay of Fundy, and
So % from Cape Breton Coming nearer, it is said
that the New York Central has closed a contract
for 1ODO tons with n Cumberland firm At
Buffalo great preparations are made for increased
shipments of anthracite to the West; owners now
ask ~ to Chicago and ~ % to Duluth, while ship
pers bid 50 cents to Chicago and II to Duluth.
Turning next to Pittsburg, it appears that coke
combination has at last been formed which will I'M
derake to market the product for the smaller opera
tors and the coal miners struggling to reduce
the cost of mining to cents at least The reason IS
that the trades unions have made cOal costly that
the Kanawha and New-River Goals have captured
many contracts at Cincinnati and other points
the Ohio hitherto supplied with Pittsburg coal.
Meanwhile operators at Philadelphia rejoice in
favorable advices from Chicago and Milwaukee
markets say that if the anthracite trade loses
3 goo 900 tons in the East il will more than MAKE
NJ for the loss by gain the lake region, and note
an improving demand also from South Atlantic
ports But statesn au in Congress sOlemnly
reasons that removal of the duty of - cents per
ton on btumnOus coal will bless the country to the
extent of 100000 900 the yearly output of
$4,000 900 tons! The man really imagines that the
duty makes the price all over this land. The Cana
dams who are importing coal from Pennsylvania
could teach him something.
III 4 Aec4T. -,