The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-12-29
INDUSTRIAL TOPICS.

loJ4, SHOWS gross earnings OF SJ,0J0,UOi, {,
decrease of $L794,S29. Disbursements
1924 $50; a decrease of $10S, ,79S, and net
surplus, $2,32O,4l7; a decrease of ST.
6S6,03l
Since the double tracking of the Le-
high Valley mountain cutoff the rumor
is again going the rounds that the COM
pany intends running two of its fast
express trains over this route and not
pass through Wilkes-Barre, in order to
save a few miles between New York
and Buffalo.
A meeting under the auspices of the
Lehigh Valley railroad stockholders
committee will be held in Philadelphia
on Jan. 2, at which all the security hold
ers who are opposed to the present
management of the company have been
invited to attend. At the coming meet
ing there will be speakers who have
been conversant with the Lehigh Val
ley Railroad company for years.
Thomas Davis, who recently resigned
his position as stationery engineer
under the Lehigh Valley Coal COM
pany at No. 2, Yorktown, has accepted
a position with the Lehigh and Wilkes
Barre Coal company in the capacity OF
general foreman at the Tresckow West
No. 9 coal stripping. Mr. Davis filled a
like position under the old Yorktown
Coal company for a number of years.
Wilkes Barre Record: "a number of
miners in the Lackawanna region have
prepared a petition to Representative
Farr asking him to present a bill in
the Legislature regulating the kind OF
ton says the oil now furnished is more
disastrous than the powder smoke be-
cause it is more Of a gluey nature, SO
that when anyone is breathing it for
many years he will complain of catarrh
and asthma. They ask that the COM
panies be compelled to furnish pure fish
oils"
The committee of railway representa-
tives which is to consider a reappor-
tionment of tonnage percentages is tc
consist of a representative of each in
terest and when they agree upon a re-
Il
York at which it will be presented The
Philadelphia Press hints that there is
q disposition to tide over the question
until the bill legalizing pooling now be-
fore the senate of the United States is
acted upon, and, therefore, it may be
some time before an agreement is
reached. In the meantime it is under
stood that the policy of restriction will
be continued.
New York, Dec. 2S.-At a meeting OF
the general sales agents of the anthra.
cite coal producers held today in tho
offices of the Pennsylvania Coal com.
pany, in the Washington building, ii
was decided to restrict the January out.
put to 40 per cent. of last Junes pro.
duction. This means that the anthra.
cite coal mined during January-if to.
days agreement Is adhered to-wil
amount to between 100000 and 1900,
600 tons. The present tidewater prices
were not altered, although it was eX.
peuted that they might be raised If the
companies had stood to their agreement
and there had been no cutting in prices
The gross prices at tidewater are $685.
per ton for broken coal; $500 for egg
and chestnut, and 1915 for stove. There
was a full attendance at the meeting
By the unanimous vote of the stock
holders of each, three projected railway
lines in the western part of the STATE
have been merged to one. The lines arr
the Loyalhanna and Youghiogheny
railroad, the Philadelphiaand Plttsburl
railroad and the Pttsburg and Eastern
| railroad. The consolidated lines will bt
known as the Pittsburg and Easter,
and the work of construction will b,
commenced in the spring. When com
pleted, the line will extend from Wes
Newton, on the Youghiogheny, wher
1T will connect with the Vanderbilt line,
| to connection with the Beech Creel
road, another Vanderbilt line at Ma
haffey. Persons identified with tn
Loyalhanna Coal and Coke company ar
the largest stockholders in the con
solidated lines.
Philadelphia Inquirer: 1.-THE fruit
|
dents merely shows that the issue in tn
trade is not yet clearly defined. Som
of the presidents want to talk about
new distribution of the anthracite ton
mage, and others want to discuss tn
market conditions of the trade. A
Thursdays conference nothing was aC
complished because those present Wer
not prepared to go to the root of tn
difficulty. That, is the over-productio
of coal and the means that should b
taken to regulate the output. The az
pointment of a committee to discus
this question means nothing, for tn
reason that is the weak companies the
are being hurt most that are particl
larly anxious for this discussion [
begin. The prosperous companies
not see much to benefit themselves, an
are not urging the question on.
long as this condition prevails the pre-
idents might as well spare themselv,
the trouble of assembling in mass NEE
ing and appointing committees"
Hazelton Standards "An importar
deal, If 1t proves as reported, will be II
Lehigh Valley Railroad company oil
tanning the production of coal from 81
yer Brook No. colliery for shlpmei
over their road. The announcemel
will cause much surprise, inasmuC
as the Reading has, since the first da
the colliery was put in operation, col
trolled the output, with the exceptiC
of share which the Lehlgh Valley hi
been getting since No. colliery WI
| abandoned. The Readings tracks su
round the plant and run under Il
breaker, and it must be that the de
was arranged to the satisfaction
/ both corporations, for If the Readii
desired 1t could keep the Lehigh Vail,
from entering. The Silver Brook Co
4 company is no doubt party to the q
r rangement, as their power in the de
is acknowledged to be effective. r.
new order will take effect on Jan.
Before the Lehigh Valley is given co
troll Of the output of this enormo
breaker they will be called upon to siI
u an agreement to furnish cars steadil
@ and hence the difference to the wor
= men will be but slight, II at all"
=
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