New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-11-15
IRON. COAL AND TRANSPORTATION
PRICES AND POOLS FOR NExI YEAR CARS WANTED
-sFEKING NATURAL GAS

PHILADELPHIA, Nov. 14.-Owing to the
enormous production "f iron by the Thomas Iron Com
many and quality of ts product that hrn nas always
been for the season Last year al
shis time. when prices began TO huctuAte ana the
.o.rxst VA. IN an unsettled condition. this drm went
before buyers with price lover than the highest
market rate established rate and the advances
over this natural representative OF the COM
many authorizes the statement that there Will De An h-
next Year Of 81 per ton over cur
rent rates. will DO about 81 per ton lhey nave
rers hooked for eighteen ahead and even the
smalest producers booked up on orders Tor eV'r
monhA Tho producers state that this advance WI" not
uve them mucG profit tho cost OF making iron now
vii average rs cents per ton more tasu IL was ~ thc
name time last year aud that they been wArhed VI
snrtber nd vspces on AND other materisia
The Lehigh Valley IL certainly entitled 10 hrst posi-
zion among the industrial sections OF tsS'orn re""e'
yspia The furnaces went into blast In that V'ey
few DAYS ago. and has idle furnace In It's
whoe length The furnace propre ors stale that Do
.an.s of th, general resumption OF work they are en-
b.rrassed by scarcity OF competent labor 10 man ho
works and Inducements are 10 Do onerea 10 soo'
laborers come here.
The new MANAGEMENT of the Philadelphia and Read
ine Railroad Company 10 about completing arrange
-. wh,.n viii be OF great pecuniary benefit TO that
ooru,ration. THIS COMPANY has 1O6 furnaces In the
echnvlKu Valley and Of this number thrty-seven are
out OF blast so for year I"sse arc W 10
leased and upon which will be satisfactory 10 ne
lessO lessee Many OIL tnou arc "nu1 o' va N"f~'
hut The leasing parties to make the necessary repairs
sLd deduct the zane the ront IL has boen esu'
mated al tn, lowest calculation these furnaces are
wortb to the Reading Railroad Company 10 freights
Alone S25 900 year each nearly *l.oooooo lot tue
who number idle. IL also prop ed to lease the
iroo ore lands Of the company upon royalty These
cons sting OF 600 acres are III the Putnam Valley
psar Nrst PunS n Y; the Cumberland Valley of TINS
Sat. ami III West Virginia II l. estimated tina nearly
S2O0 600 year be derived from this source alone
me effort to pool the soft coal product year h~s
sbus Tar provsn . failure Too meeting heiu IN bait-
more In which ali companies repfrson,o ~ 'o ou
80, c,,al poo LOOK part Resulted IN an aoJ' urnmeh'
without Bythnz having born aecomp.'sno", h. r,vr
90 uurfs about Titsburg, ana YET hnot". W."
fnrale the miners Illinois ani Oiio III .ne ,a.,
ss ths traar 10 this class OF fuel 10
ds,,v tucrrasng production. whlch 10 suocHuk Piie
The s,ruxxis for antbracte tonnage 10 enornous anu
All lines OF railway penetrating the sec "a a..
State wBere that fuel pf~luoeo rhs
f.nn,nG i"e. inc pew new , %rr or. the most
active ~ tses" at tins ns especially mo TOT
which hss mad hBes surveyed down into Tho
6chuyki REGION right into the OF the Reading
this and marketed will BE- about "a. 600 900 tons
this represents total OF COAL dir aud sate
lifted bowels OF the earth In Its production OF
5OO00OO0 t"bA
t A. that thousands OF bushels Of produce and
tons OF psrsnaDie stuff rotung Ia the railway
there ufcient OF trans
portAton The Baltimore and ONO snd fsnn-yNAnia
Railroad Informed oy the sort coal
that contracts are IN peril ana tbA tue
fsread COMPANIES will be hebi responsible they are
Loaf complaining VI he dsmNRe thry
ssd IL understood that the railroad comps
Siss viii maze . special effort TO relieve them
IL IA estmxted less than Two hnuuroo manu-
histories Of different kinds now IN the East having 81