Freeland tribune. (Freeland, Pa.) 1888-1921, 1890-06-19
Weekly Coal Report.

The anthracite coal trade is in a
healthy state, and the movement of coal,
while not brisk, is more active than it
has been for some time past. The week
! ly output of coal is increasing the latest
report Qor the week ending June y
showing an increase to over three-quar-
tiers of million tons, or 10000 tons
more than in the corresponding week of
last year. The Reading Coal and Iron
Company also shows large increase in
its weekly output, and we are informed
that that company is moving the greater
part of its production, the stove and
chestnut and the small steam sizes of
course being stocked both at interior
points and tidewater to some extent.
The market continues to readily absorb
all the large sizes, and the demand for
egg coal is reported to be much i'm
proved. From now until the fall months
the output will naturally be expected to
steadily increase, and consequently the
domestic sizes and pea and buckwheat
will accumulate, but the stocked coal
will no doubt find a ready market during
the fall and winter months, and at much
better prices than could now be obtained
by any effort on the part of producers to
force its immediate sale.
lcuuSio W supply lie y hltcu Ctdtco
Mint in this city with 2400 tons of pea
coal, As tons of egg and 20 tons of stove
coal were made last week by dealers re-
presenting the Pennsylvania Railroad
and Lehigh Company's coal at the fol-
lowing prices Pea, S2.54 per ton the
lowest and S2.S5 the highest; egg, $425,
and stove, $4. 40 the lowest and 81 go the
highest.
The New York Engineering and Mining
Journal of Saturday says in its weekly
review of the anthracite trade there:
Intelligent buyers who have watched the
market have all bought pretty literally
at May prices, and at the present mo-
ment they are at the hesitating point
about buying more. The consequence is
that we hear of considerable stocks ac-
cumulating, and a very dull, fiat market.
"Nothing new doing" is the general
complaint, and there is good deal live
lier demand for June and July vacations
than for June coal. The expectation
that by July the market will about cor
respond with the July market of last
year, as far as tonnage is concerned,
seems to be well founded. But the coun-
try should take great deal more coal
cations are reliable. The May over-pro-
buttiOi VI cOoJOuO tOllo w III uOubtltSS Dt
repeated in June, though prices are gene
rally lived up to. No one will admit
dealing at lower than circular rates, but
during this particular dull period any
sale large enough to attract notice is
looked upon with some degree if not ex-
actly of suspicion at least of curiosity,
and operators are pretty ready to hint
that list prices are being generally shaded
to secure business. Prices remain: Stove,
1915; chestnut and egg, $3.50; broken,
$3.50
The total amount of anthracite coal
sent to market for the week ending
June 7th, as reported by the several
carrying companies, was 7Sl ,425 tons,
compared with 6l5, ,221 tons in the cores
ponding week last year, an increase of
166, ,204 tons. The total amount of an
thracite mined thus far in the year 1890
was Il, ,669, 1856 tons compared with Il, $685.
903 tons for the same period last year, a
decrease of 1S6, ,057 tons.-Ledqer.