Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1886-06-12
GENERII ITEMS.
Eastern TieaCs of the coal TRADE.

Eastern TielCS of the COdJ TTGde.
Ncw T0rk.-In the bituminous
market, with the general resumption
at Georges Creek, Cleartield AM
other districts, the orders have heer
numerous, with prices firm at abou
as last quoted. Demand for Nova
Scotia coal has ceased.-Mining Re
cord.
There is but little demand for this
class of coal except upon contracts,
the usual current trade having an
parently filled up with anthracite or
the cheap bituminous Goals. Prices
are very low already, and have Il
downward tendency still. The poor
er Pennsylvania GOALS can be pur-
chased at about $3.50 alongside here,
while the best Clearfeld coal is OBJ
talnable at 50, and Cumberland at
$3.1O@$3.25. We hear of sales Of
the latter coal at Baltimore at $2.15.
Moller, Slerck & Co., sugar re-
liners, closed a contract for about
5000 tons Of coal this week. The
New York, Ontario & Western rail
road is in the market for 10000
tons.
The Meyersda!c and Broadtop
miners have been asked to submit to
a reduction of wages from so cents to
40 cents, and have struck. The
operators of these districts deserve
no sympathy. When the other dis
tricts were unable to work, OWING to
"a strike among the miners for an adj
vance to so cents Il ton, the operators
in the above named districts volun-
tariiy advanced wages to 80 cents,
and reaped a sufficient harvest to
enable them to pay the same wages for
the entire year.
The experience Of the producers of
bituminous coal derived from ten to
twelve weeks Of idleness at the MINES,
and complete Generalization Of the
business, should point out the neces-
slty Of some organization to meet all
Important questions that may arise.
The present would be a good time 10
Organize, before some emergency
arises to antagonize interests and en-
bitter feelings. Such an organiza
ton wonld, in time, undoubtedly
grow to be very useful to the entire
trade. Had 1t existed when the late
strike was first talked Of, that might
have been entirely averted or con-
siderably reduced in duration.
A Washington dispatch says:
Senator Frye's bill provides that the
provisions of schedule n of the act to
reduce internal revenue taxation, APP.
proved March Sd, 1888, allowing draw
backs on btuminous coal used for fuel
on steam vessels, shall be construed to
| apply only to United States vessels.
1t was introduced january 1ith, and
is still pending before the Commerce
Committee no action having yet been
taken. 1t can hardly reach the
calendar this session.
B0St0n.-rhere is a greatly I'M
proved situation IN bituminous coal,
now that all the miners are at work
again. The supply at Shipping ports
| GNU III liooi NcI 10 pttSti tilttO i'Notbii
jobbers are selling freely at $2.l5C@
1926 f. 0. b. at Baltimore and Phlla-
delphia. They fight shy of delivered
prices. however, and we hear of no
contracts taken "dclivered" on a
basis Of minimum frcIghts. This
may come about by and by, when
there is a greater urgency TO sell.
just now buyers are more willing to
pay reasonable prices than before the
strike, and there is considerable in
quiry for small lots. In the natural
course Of things, Nova Scotia coal
has had its day, and no more will be
sold this season, except " small
quantity Of culm. The quotation Of
cuIm is lower, last sales being at
81 SO, delivered, which is Is cents
oif.-Engineering and Mining J0Hr-