Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1885-08-01
GENERAL ITEMS.
Eastern Vieacs efthe Coal Trade.

-NelU IOrE.- Goals are
quoted dull by the majority of the
shippers tonnage now being produc-
el is placed on contracts-with few
new transactions to be recorded.
With the improvement IN industrial
pursuits thought to be at hand there
will be an increasing use of coal, and
buyers have plenty of offers made to
them of coal, at all prices according
to quality and general reputation.
The interior markets are altogether
demoralized. The Eastern market
reports for bitumlnous range from
1926 to $3.50 delivered.-Mlning
Record.
E.Soft coal continues quiet and with
out any material change in values, in
any of the markets. 1t is cheap as
compared with last year, in all the
markets, and every district in order
to dispose of its output invades some
market not hitherto considered
possible for it to reach. This is
caused no doubt by the low rates of
transportation which the carriers
have afforded to coal, simply be-
cause other lines Of freight have
not been available at any price.
When the roads do get something
to carry at profitable rate, it is
not at all likely that they will. keep
Oh carrying coal at three and four
nills per ton per mile. The point
of interest in the Clearfield district,
is as to whether the Pennsylvania
n,ailroad is to have all the shipping
facilities therefrom in it's hold, and
this is likely to be settled and public
ly known before many days, from
what we gather. AS the Beech
Creek line is the natural outlet for
large amount of coal, that line
will no doubt be utilized and ex
listing contracts respected. AS be-
fore noted better rates of toll will be
had and this must bring the price
up from the low level to which it
| has fallen. The Pocahontas, New
| River and other Goals will be only
too glad of the chance to get a
better figure. We notice that all
the districts keep up Il goodly ton
rage but prices are very much below
value, and when the coal seam at
present being so extremely worked
is exhausted-which may not be
many years distant-there will be
more expense attached to the raising
and shipment of coal from this cause
if no other.-Coal Trade Jouanal.
There is practically nothing doing
in this coal, except upon old con-
tracts. Those who were not success
full in booking large orders early in
the season are making very low offers
to secure the smallest kind of bust
ness now. The steamship trade is
very quiet, owing to the small amount
of freight offering abro d, which
causes steamships to bring sufficient
coal to see them through on the
round trip. Owing to the scarcity Of
tonnage this way. there are not near,
ly as many cramps coming here as
usual.
| The Clearfield men somehow think
that by the Pennsylvania Railroad
acquiring a control of the Beech
Creek road they will be able to har
monte the bituminous interests and
advance prices. They do not seen
to realize that the Vanderbilt Penn.
sylvania alliance is throwing down
the glove to the Baltimore & Ohio
and that one of the greatest fights
that trade has ever seen is probable
Furthermore, the Pennsylvania does
not own the Norfolk q Western anC
the Chesapeake & Ohio roads, which
have been troublesome competitors
with meritorious products,
B0ston.-There is a dull state o.
affairs in the bituminous branch o.
market, but transactions are kept very
shady. AS showing this, we mott
that a sale of 10000 tons of Cumber
land has within IL short time beer
made to a New England railroad, an(
that another railroad contract sup
posed to have been closed long ag,
has lately been closed in reality, al
though to the parties first mentioned
us obtaining the contract. Sinai
sales by single cargo are made at if
regular prices, SLY from S'3.25(9S3. 81
delivered. Engineering and Minins
J0urNGl
ALLEGANY CoUNTl's N1HEAG
CRoP.-A prominent gentleman .
this county. who is largely interest
ed in farming, recently obtained
letters from Il correspondent ii