New-York tribune., 1886-11-08
THE ThADE IN SLATE, COAL AND IRON
ENCOURAGING OUTLOOK ~ ALL THESE BRANcHE'
OF BUsINEss-FoRrUNATE EFFECT OF THE ELEc

ENCOURAGING OUTLOOK ~ ALL THEsE BRANCHES
OF BusINEss-FoRrUNATE EFFECT OF THE ELEC-
TON.
PHILADELPHIA, Nov. 1.-THE slate regions Oh
this State are attracting the attention OF capitalists
who not on'y investing money III inc oe'c'op
n,eut Of Quarres. but are building bfahcn i"N "
railroad to secure the product of the Quarries as n
uage. 1t "a estimated that no less tan Si'ocV'oo'
has been invested in the slae quarres In one iorp
or another within the last two years. The Lenis"
Valley Jersey Central and Lacbawanna railroads are
all actively in search of the tonnage from this ies
Lehigh and northampton Counties nave pco" 0'
-pcuousiy brought forward within tho last TWO 9o"
as favorable regions for manufactures hhen'ow, W.
the county seat OF Lehgh County. has been specaiN
fortunate. and by tho first OF the year new man
ufactores will be in operation there which VIII sre
emn,ovment TO 3 600 hands. Among these arc t"o
silk m la n thread factory. furniture factories anu
several iron works. Easton. the county SEQ. "
NORTHAMPTON County, also has In courso Vi ''iI
ton new enterprises. which will give empios noH' ~
1,5OO hands. ,,r,o,,
comranv state that the trunk lines are ofercdso mucp
business that it Is impossible to handle IT, anu 'na'
this makes FOOL unnecessary. Tho pool OF course
stiu ma ptainod but tho business offering pays
fu rates in order transportation, and tnere
is therefore danger OF cutting.
Iron manufacturers here regard the result OF the
recent elections with the utmost satisfaction They
state that it gives assurance that the tariff question
will not be agtated for two years. and that their
product will not DO subject to tho fluctuations In
prices whch always occur whom there Is an agitation
Of tno tariff
Not much importance Is attached to the movement
for tie formation of soft coal pool a meeting for
which has been called 10 take place in Baltimore
1t Is declared that tho market Is taking all this fuel
is alo Goc AIRED that the production of soft coal
8 so great that It cannot be successfully pooled.
1t Is now bel eyed that there will be no war be-
tween the Reading and Pennsy lvania railroad com
panics whom the line of the latter Is completed up
he Schuyk XIII Valley to the anthracite coal regions
he Pennsy lvania Railroad Gonna has always con
tented that this line would make them Independent
in the matter OF tolls anthracite coal aud 1t has
pers stently refused to advance tolls because they
stated il might be The policy of the company to re
duco them prcsden Corbln, of the Reading, has
ecared emphatically for peace with his neghbor.
ard this { believed will at In harmonious Tcla
tons between the III the Schuynthl valley.
An encoura ling feature in the iron SITUATION the
TACT that the business since September IL reported
10 lave been than antca ated and an ahce
has boon made n wage, ID neary all the Olllng
n ills about hall of the asst furnaces. and In the
orc nunes where labor us been performed for 90
and 90 cents day
Anthracite and btuminous coal producers are CON
fient hat the defeat Of the Democratic larry in tbs
sta Will pat end to the proposed suits OF the
COmmo Awel tn against comb Da ions in these fuels.
hs feeling is entertained. Notwithstanding that the
ate has named day for the beginning Of the suits.