Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1885-09-05
GENERAL ITEMS,
Eastern VieaUs Ofthe Coat Trade.

ers will increase the demand for coal.
Bituminous is yearly becoming the
steam fuel of the country, and it is
not impossible to find that heavy
freight traffic on what are termed the
hard coal roads is done by engines
burning soft coal, while in the man
ufacturing districts this fuel is used
wherever circumstances will permit,
by reason of its efficiency and cheap
ness.-Coal Trade Journal.
There is nothing worthy of COM
ment in bituminous. Freights from
Georgetown to Boston are down to
81, and the consequence is, that coal
is selling much below circular prices
there, and even those who purchased
early in the season at $3.50 are now
delaying deliveries on their contracts,
while they "try a few cargoes" of
spot coal that is selling at 1926, and
even less.
In the New York market the price
continues at $2.75@$3 for standard
Goals f. O. b.
Boston.-There is no contract bus
Hess to note in bituminous coal.
Cargo lots find purchasers in various
directions There has been some
curiosity to see how parties would
act, who bought coal on contract at
Or near the pool price of $3.50 de-
livered, now that freights are so low
and cargoes are selling under their
noses at 1926 and thereabonts, de-
livered. It appears that such buyers
are not taking their contract coal so
readily as could be wished by the
shipper, during this period of low
freights. They are said to give as an
excuse that the water supply is so
abundant that they do not use as
much coal as last year. No doubt
this is true; but it seems to be
true, also, that these parties are
buying delivered cargoes at 1926,
"just to try it, you know" and the
queer thing about it is, that they
don't care if a trial cargo is thous-
and tons. Such tactics help to make
a lower average on the seasons sup
ply.
"A few cargoes have sold on the
market at $685., delivered, and good
coal can be had at 1925. We quote
f. O. b. prices nominally unchanged
at $2.25@$2.35. There is no change
in provincial coal at $2.25@$2.35,
dellvered.-Engineering and Mining
Journal.
The gold miners of the Pacific
Coast have struck new fields in Idaho,
Montana and Oregon. Reports state
that men are at work for $50 miles
along the Snake river, and that new
fields are opened every day. A de-
posit was recently found in a clay
bank at the mouth of Billingsly
Creek that yields from $40 to 800 a
day per man. Mines that were aban-
doned years ago in the Idaho Terri
tory have been reopened with good
prospects.
REPORTS state that the opening of
the Sonora branch of the Atchison,
Topeka & Santa Fe railroad has Won
derfully stimulated mining industries
along its line, and the products of the
mines are forming considerable por-
ton of its traffic. The construction
Of a line from Hermosillo to the
northeast is projected. with the pur-
pose TO ultimately extend 1t to Paso
del Norte.
GoLDBEARING quartz has been
discovered in Michigan by Pits
burg firm which is working an iron
interest there. Whether the finds
will be numerous enough to make
the state new Ell Dorado remains
TO be seen. Michigan is blessed with
a variety of natural resources, aud it
is not unlikely that among them is a
goodiy store of the precious metals.
THERE are evidences which prove
! beyond doubt hat the Lake Sit
perior country is destined TO heco,!e
one Of the most important mineral
regions OF the world. Nature, us far
as her gifts have been brought to light,
| evidently gave with lavish hand 10
this favored section, the extent and
variety of whose RESOURCES have never
been appreciated.
AN cXch"nge says that the hard
times are caused IN this country by
too much brains. That education
has SO developed our people that each
one thinks that he is capable Of max
ing a living with his brains, rather
than his hands. Too mnch head
work and not enough hand work, has
brought us to our present condition.
JUDGE HOLLAND, appointed to fill
the vacancy on the bench IN the first
judicial circuit of Maryland caused
by the resignation of Judge Wilson,
was nominated for judge by the
Democratic convention at Cambridge,
Wednesday The convention had held
two sessions, and taken over 100 bal
lots.
The outlook of the iron trade at
pittchu &c cold RI ba ,,,oro f,yorob 1o