New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-01-18
RAISING THE PRICE OF COAL.
"ALL FOR THE GOOD OF THE PUBLIC
"xxCHANaE" RETAILERS DEMAND hoRE-wHoLk
SALE MEN MAKE NO CHANGE

"ExCHANaE RETAiLERs DEMAND HoRE-WAoLk-
SALE MEN MAKE NO CHANGE.
Tho members Of the Retail Coal Dealers Exchange
have announced an advance of % cents ION on al
hnds Of coal. THIS organization Is claimed by Us
supporters contain about ono half the retail dealers
In the city, and to be acting In good faith for tho pup
10 good TRIBUNE reporter made tour yesterday
smeus the wholesale dealers and producers to inquire
II they had raised their prices, and received negative
replies at every Office. representative OF eaoihs
Arm who requested that his name should not De men
uencd, said:
The principal producers OF c@ai nave no doing
. ., pr present retail dealers may DO they please
: COM nv 10 freely and while much business
S,Cs w'1 ss strikes s ss an. sSt the
s have adopted the ~ ds water o
In reply to questions, this official said his company
n mining $4,000 tons day, and receiving at New
York about 1000 tons Q day, the balance going to
other points as fast It Is mined Further inquiries
showed that daily receipts Of anthracite coal from the
sources stiil unaffected by the strike amount to at
feast 25 TONS which s considerably more than the
consumption for domestic use.
TIE DEMAND WHOLLY UNwARRANTED
II is estimated that 10000 tons a day used for
manufacturing purposes ETC., but large part of this
Is bltumiuous coal the price Of which has not varied
since last spring. The most favorable and salts
factory view of the situation was that given by W. H.
Tflinghast president Of the Lehigh and Wikesbarre
Coal Company, who said
good reason why there should be an advance IN
the price OF coal at this time. The demand is really sht
a. this year, and while would not venture
s nS ss s SGff Gs
Ire the same they have been all winter.
The reporter was invited to examine schedule for
January by Mr. Potts secretary Of the company, which
Stated wholesale prices ranging from Vi AZ 10 S4 w
per ton. Mr.. Nninghast continued:
these rates dealers ire n hurry TO buy.
have recently carloads at time and
brought about will be the work OF individual operators
there good supply in the yards Drxa AND s@ @s
omne fields sim in operation would be able TO supply the
demand here in case OF failure from other sources
Tho principal regular supplies now coming In are
from the Wyoming Valley region, controlled by this
company the Delaware and Hudson Canal Company,
and from the Delaware Lackawanna and western
Largo Dealers therefore, who have been drawing the
supplies from the localities closed by the strikers
naturally take less favorable view OF the SITUATION
A member Of a prominent firm said that he could
not make prices for immediate delivery except from
day to day and would accept any moro orders for
delivery inside Of thirty days, he alreay had on
nle more than he could fill The same is the case with
other wholesale dealers who wholly dependent
upon mines closed by the strike
ANOTHER SIDE TO THE QUESTION
Thomas Thedford president of the Retail Coal Deal
ers Exchange was seen by TRIBUNE reporter at his
Office in Nn,h-ave., and gave the following eHpaha
ton OF the ad, anco after the reporter toio MN "ha
had been said by the wholes ale dealers:
The retail who deliver the coal TO consumers Or
Obliged 70 buy mi ddemen. who operate ior Pone
between them the great conn anies Ihese AZ
are generally cousins nephews or fayortes Oh ne IL
ri the nroducine companies, and when their coInms
saded ne wholesale price Is not exactly that SHOWN oy
seheducs company has some srch yS hromnp
is styled contractor and orders are only neo 'roue
him. - A.. o,h,ac+ and de-
Mr. Thedord spoke strongly on the s9pece anu oT
email even with tho IS cents ton added 81 sun no an a
other aspect OF the question was presence pS
daalers who do not belong TO Mr.. Thedioros hM-
obsnres and who do not intend TO advance their
prices unt the wholesalers have SET Inc m
%rorable terms about Mr. Thedford and his coan,
;utors limiting that they might be tanng auva &c
- The nrrsent scare realize an extra quarter oi
ALL