The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-11-27
NINE. MILL AND RAILROAD.

MINE MILL hND NhlHAVhDs
Two years ago, says the Record, SEN
ntor M. b. Williams leased the Thuron
colliery property near Pottsville after
1t had been idle for fifty years. The
slope has since been opened and the
coal proves to be of excellent quality
and thickness. A new company has
been recently formed and is known as
the Williams Coal company of Potts
VILE The members met on Saturday
and elected the following officers:
President, Morgan B. Williams; general
superintendent, William II. Smyth; d.
rectors, Morgan B. Williams, w. T.
Smyth, w. S. Mclean, Ben Williams,
John H. Williams. All the directors are
from Wilkes-Barre with the exception
of ]. H. Williams, who resides at Scran-
ton. The colliery will soon be in opera
ton.
The anthracite sales agents are to
meet in New York today and will en-
deavor to restrict the tonnage for the
month of December. THAT they will
order a restriction Is quite probable"
thinks the Philadelphia Inquirer, but
that their directions will be carried out
is not so certain. But whatever ac-
ton they take there is no certainty
that prices can be advanced. Coke
Bros, the Erie, Ontario and Western
and Susquehanna and Western, be-
sides the individual operators, will not
restrict unless they have to and some
of them cannot be forced to restrict.
Moreover, the season of the year Is
at hand when the small producer con-
trolls the market. The trade season is
now over, the demand for coal will be
light, and the small operator viii fix
the price In the summer time when
the production is very heavy the small
producer is not an important factor
The demand for coal Is then so large
that it matters comparatively little
what the small producer does, as he Is
not important enough to make the mar
ket.' But in the winter time he can
make the large companies follow him.
With this unruly element in existence
the action of the sales agents will have
less weight than it would have had two
or three months ago
MINOR INDUSTRIAL NOTES:
The Reading Iron company is pre-
pairing to start another of its large blast
furnaces.
Sales are now being made in New
York at S2.25 for stove coal, so it is said,
which is simply giving the fuel away
Lehlgh Valley officials decline to say
what attitude they will assume If de-
mand is made for a list of the COM
pany's stockholders.
Railroad accidents in October includ-
ed 92 collisions, 81 derailments and 8
other accidents, in which A persons
We're killed and 2O9 injured.
Anthracite coal shipments last week
were 26.6 per cent. larger than in the
corresponding week of 1893, but for the
year to date they are 81 per cent less
than in 1898.
Sixty-eight railroads in the second
week in November decreased in gross
earnings 2.29 per cent. In the first
week seventy-nne railroads decreased
4.62 per cent
Fifteen hundred employees Of the New
York and Cleveland Gas Coal company
In Western Pennsylvania have been
granted an increase in wages from So tc
G2 cents ton.
The anthracite coal output for the
completed calendar year promises tC
amount to about 4O,5OO,OOO tons against
4S,OS9, 900 tons In 1893, and pig iron pro
duction to 6,545,OOO tons compared witt
1124,0OO tons in 1898. 60
President Wilbur adheres to his orfgi
nal denial of the statement that the LIE
high Valley had granted the conces
sions in coal rates, as announced in dis
patches from Wilkes-B Barre and New
York. He also says that there was. 81
far as he knew, no truth in the state
ment that 5000 tons Of Lehigh Vale,
were sold In Philadelphia at 50 a ton.
1t Is also believed by many, says thu
Philadelphia Record, that the ultimat,
result of the present difficulty in th
coal trade will be to take from the rail
roads the sale of the Individual opera
tors product, and to restore the trad
to the old order Of things that prevailed
before the efforts Of President McLeo,
to control the entire anthracite Goa
situation.