The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1886-12-01
THE COAL TRADE.
A Heavy Demand from All Quarters Indicates
Favorable Condition of Business.
Special TO the lndianapoli, Journal.

Special to the Indianapolis Journal.
NEW YORK, Nov. 80 Tho Coal Trade Jour
nal in its issue of Dec. l, will say
''The anthracite coal trade begins the month
Of December in much better shape than was an
ticipated There is demand for coal in every
direction, which keeps the stock on hand down
to the very lowest ebb in fact statistics on hand
show that we go into this month with less cn
hand than at any time in FIVE years. The out
put agreed upon will all be wanted, and the tide
water trade is likely to be short of coal, with
any degree of cold weather, for there is large
amount due and wanted at allithe interior points
Coal is wanted at Chicago, and, in fact, at all
the interior and Western points, coal is actually
scarce at many places. Now that the lake
shipping season is at an end, the resort must
be to rail supplies, which. under Or
binary circumstances will continue
all winter, or until orders have been filed The
tonnage for the last week is put at 673 253 tons,
and for the season at 20, ,261, ,059. as compared
with 706, ,096 and 28 COG, OH tons last year. At
the meeting of the Western Anthracite commit
tee, held In this city yesterday, there was no
change made In the prices for coal to be de-
livered during the month of December"
The extraordinary activity which prevails in
the bitumnous coal industry in all parts of the
country may surely be taken as an important in
dication of the increase and growth of industrial
pursuits. 1t makes no difference which way one
turns. the report is always the same, and it
can hardly be said to be in any degree
mere temporary squirt, which may flu1ter
for a while and then die out Beyond
question, the country is entering upon season
OF more than usual activity in manufactures of
all descriptions. and one of the first to feel this
is the coal trade. There has been plenty of COS
sip about the railroads of the coal pool and the
result of the meeting to be held to-day is anx-
iously awaited. Those interested are the shin.
pers via the New York. Lake Erie e Western
railway, the Beech Creek, the Pennsylvania, the
Baltimore & Ohio, the Chesapeake & Ohio, and
the Norfolk x Western roads 1t is q great pity
that something cannot be done to make it more
OF a coal operators arrangement, rather than a
railroad affair The interests CT the producers of
the coal have been too long subservient to those
of the carrying companies. AT Chicago the de-
mand for bituminous is strong, and quotations
are firmer. All points are short Of coal, and
yet the output was, never known to be so
large as this year in all directions. In Hooking
and other districts of Ohio there is very act
i've trade being done, and all hands are busy.
The talk OF another grand pooling scheme there
is likely to result in something.
"As we suggested last week. il is now very
unlikely that there will be any trouble In the
great Connellsville coke region. The two or
ganizations of the worknen do not agree on the
matter, and the result is the men know they
would be playing losing game.
The trade continues good. The Miners
insist upon the demands made upon the coke
operators some time since. but in order to give
the latter ample opportunity to consider the de-
mands, the time for striking was extended to
Dec. %. This may be said TO end the matter.