The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-07-04
GENERAL NEWS
Of INDUSTRIES

Argument Is being made in certain
quarters IN behalf of radical change
in the system of regulating anthracite
prices. II is contehded, and not with
out shrewdness, that if the producing
companies. through their sales agents.
would strike a fair average for the
year and then stick to that average
throughout the year. it would solve the
proolem or trade stability and obviats
the intermittent clamor occasioned by
huctuating monthly circulars. The
change would be in the nature of a
radical innovation, but there are APP
parently no insurmountable difficulties
In the pathway to it,
The opinion given below is taken
from the Philadelphia Stakeholder,
which is apparently somewhat inclined
to view the anthracite situation
through unfavorable spectacles "The
excessive production of anthracite coal
in June. aggregating no less than A.,
All 400 tons for four weeks ended June
2S, has resulted in the market becom-
ing congested, storage depots east. west
and at tidewater points now being fully
btOChtu, ~ 10 uOl uullhGlY kub
tion for last month will considerably
exceed 4. 800 900 tons. which will be the
heaviest June output on record. The
effect upon the market has been unfa-
vorable, in that it has checked demand,
dealers regarding the heavy output as
q threatening factor to prices and, in
consequence, are now buying spar.
ingly. with extreme dullness the
result. The advance in the July circu.
lar OF prices failed to stimulate trade.
and the probability Of a further ad.
vance in August has had no Quickening
effect Eastern buyers are we'll stocked
up, and are practically out Of the mar.
ket st present, Notwithstanding vessel
freights continue low. City and line
trade has been, and is. very dull, and
western consumers are taking very
little coal. not any more than they be-
lieve they can easily dispose Of. In
short, the usual period of summer dull
nesi is now ut hand, and will probably
cor hue for the next six or eight
wetks."
Not since the days when Abner
Eeesten was division superintendent, |
nifty years ago, has the Reading Rail- |
road company sent out such a coal |
tonnage as that shipped on Saturday |
from Palo Alto, says Pottsyille dis
patch. 1t was, in fact, the greatest |
day in the history Of the Reading COM
pany since its advent as carrying
corporation. Forty-three trains were
sent out on Saturdays run, each train
hauling forty seven cars, and each car
containing twentY-three tons of coal
One hundred and twenty-six cars were
sent to Buffalo, via Tamaqua, Shamo-
kin, Fall Brook and the New York
Central railroad This greatly.iu-
creased tonnage is due in measure to
the strike in the coke region of Penn.
sylvania. many of the furnaces aud
other industries of the state sending in
large orders for anthracite coal that |
previous 10 the strike used exclusively |
soft coal. Train Master G4llus, who |
has been officially connected with the |
Reading road for twenty years, says |
this is the heaviest tonnage ever sent |
out from Palo Alto The total tonnage |
for the month Of June is estimated at |
LOCO, 900 tons.
MINOR INDUSTRIAL NOTES:
General passenger agents Of the trunk |
lines say there Is marked increase iu !
passenger business, aud steady stream |
Of summer travel Is indicated.
The returns of the first six months of |
1894 show that the Lake Shore fully earned /
its dividend, and this means s TO ~ per |
ceut. on its stock for its fiscal year.
The collieries in theSchuylkill region shut |
down on Monday, Tuesday and Wednes. |
day. Resumption will take place on Thurs. !
day and continue up to Saturday night.
Since Jan. the Pennsylvania lines have !
handled 6,S4j, 31G tons of coal, against |
NJ34,OJ2 tons the corresponding period |
last year, decrease this year OF 3, 5SS, 626 |
tons.
Orders have been issued to suspend oD. |
erations on the Delaware, Susqu9nanua & |
schuylkill railroad on three Gays of this
week. Tho Fourth Of July is included |
among the idle days.
Bear Valley coliery will resume opera
cons on Thursday after an idleness OF six
months caused by the building Of q new
breaker. This plant employees 400 men
and boys, and is operated by the Reading
company.
So well satisfied are contending interests
with the outlook for the Reading that it is
said reorganization plan, acceptable TO
all concerned, has been practically ngreed
upon and will be announced by, il NOT be.
fo :, Sept. /.
The readjustment of west-bound passen.
ger business from New York, demanded of
the Trunk Line association by the Lehiph
Valley people, has not been completed and
III the Interim the several companies are
working under present arrangements with
ont friction, ani rates on the class Of bus
mess are being firmly maintained.
Two through trips to Perth Ambov were
made last week BY Hazleton Lebigb
Valley crew. Conductor Fry was in
charge Of the crew aud Engineer John w.
ODonnell made both runs. 1t is not known
as yet whether the Valley road will run
crews regularly to Perth Amboy, as is done
by the Delaware Susquehanna and Schuyl-
kill. 1t is supposed that these trips are ex-
peliment tai ones.
The number Of railway employees killed
last year was 2,127. being greater by l73
than those killed during the previous year.
! he number of employees injured was 81
~, being greater by 3 4G2 than the num-
Der injured the previous year The num-
Der OF passengers killed during the year
was 296, being less by n than the number