Frostburg mining journal. [volume] (Frostburg, Md.) 1871-1913, 1890-06-07
GENERAL NEWS.
The Coal Trade.

The New York Engineering and
Mining JonnaJ states the situation
thus:
There is not the least change to record in
the bituminous market. The producers
have all they want of orders, and are filling
them as close up as freight facilities will per
nit The coal that is coming out of the
mines now is nearly all contracted for at
current pool prices, as most of the April or
ders are filled. The local labor troubles
have had little beside local effect, ami small
as were the stocks on hand, they have not
been affected to Il sufficient extent to be felt.
Large vessels are plenty, but rates are firm,
though in Baltimore there is said not to be
disengaged vessel in port. The difference
between Baltimore and Philadelphia in
fIeightage remains at 80 cents ton, instead
of the former difference of 10 cents and
leads to no little chatting.
\ recent circular letter sent by the Pcnnsyl-
vania railroad company to all miners and
shippers of biumnouS and gas coal has
ELECTED conflicting expressions of opinion.
It is we'll known that hitherto more than
one miner or shipper havc used the yards of
the railroad company HS q store-yard, leaving
their coal in the cars rs long As it suited them
while others were clamoriug for the cars
The circular-lcttcr in question states that
hereafter a dcmurrage OF 81 IA day Will be
charged for every day over three days Il
month that any one car stays loaded ill the
yard at the disposal of the consignee. This
will lead to such a complication,' said one
operator "that | shall have to increase my
clerical force to keep track Of the individual
cars we use" Neveress, the change Is in
dor,cd by those who do their unloading
promptly, and are always asking for more
cars.
The prices remain firm and are uniformly
demanded. At Baltimore s.. 10 f. o. b.;
Philadelphia, $40 f. o. b.; i'll New York
harbor. S3.25 f. q. b.; alongside, $3.50
And the Mining ReroM of same city
reports as follows
The bituminouS coal trade is very active,
yet there has been but little new business
coming in. The mines are being worked to
almost their full capacity, and new rolling
stock is being received at some points to in
crease shipments. The activity in the iron
trade and in general manufacturing is
materially serving to enliven the bituminouS
trade. A number of new mines are to be
opened during the summer and fall along
both the lines of existing railways and along
the lines of roads now under construction.
The Scranton pa ColIiery Engjnec,
says:
The bituminou, coal trade is in good shape
in most of the trade centers Prices are firm,
and the demand generally is equal to the
supply. The soft Goals of Pennsylvania,
Ohio, and West Virginia have met with an
increased demand and have not only held
their own in Western markets, but owing to
their superior regulations as steam Goals,
they are displacng Illinois and Indiana
Goals. The unsettled state of affairs existing
between the operators and miners has affect
ed trade somewhat, but not to any very
great extent
Saward's Coal trade Jou,no1 of
Wednesday states:
In soft coal prices continue about at the
former list; Ohio and West Virginia Goals
are steady for this particular time of the year,
with good prospects ofimprovemcnt in June.
Northern Illinois Goals are selling as quoted
for the best Grades and the trade is rather
quiet.