The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-07-11


week in detail follows:
June So 1894, July !, 1893. DIFF
Wyoming 80. 766,2i4 55l,20S Inc 2ll,97t
.Lehigh 49,. lSS,03i l4jS70 Inc AZ, lji
schuylkill..." 4lS4s6 27zll2 Inc lH,37i
Total. i,g72Di gl,a89 Dec $50:
to date ......l9. l3s, ,365 81 lllSOjs Dec l05S,6Oa
The production for tie month of
June will, it is believed, reach nearly,
if not quite, 5000, 900 tons. the largest
output Of any month on record, and
tbls, too, in the face Of the fact that
demand has fallen to the minimum.
The greater part Of newly mined coal
is, of course. going into stock at vari.
GUS points for distribution later in the
season, but there is no question in the
mind Of the Philadelphia Stakeholder
about the carrying Of such large stocks
being an injudicious policy. Prices
already reflect the harm that has been
done. For prepared sizes prices are
fairly well maintained, but those for
small steam sizes are materially
weaker; and the supply Of pea and
buckwheat is now in excess of the de-
mand. 1t is doubtful, according to Que
authority, whether single new order
has been booked at the July circular;
as rule the circular is not being OBJ
served. Attempts have been made to
enforce IL on the line trade, but with
very little success, and many of the
smaller interests are making deliveries
on the orders taken under the May cir
cular.
A Bethlehem dispatch says: A COM
mittee representing the employees Of the
northern division of the Lehigh Valley
railroad met General Superintendent
+. H. Wilbur, this afternoon and had
a two hours consultation with him.
The chairman OF the committee stated
that their visit was to settle some local
questions about travelling engineers and
master mechanics and had been re-
questsd by Mr.. Wilbur. Both denied
the visit had any connection with the
western troubles.
The total anthracite tonnage carried
over the Reading railroad in June,
1894, which reached 1, PAT. 297 tons, was
the largest ever transported by 1t in
any month, being 77,l73 tons more
than the tonnage of the largest pre-
vious month, which was Novem Der,
1893 A considerable proportion of
This tonnage originates on other rail-
roads, and is by them deliverey to the
Reading railroad at various points
The anthracite tonnage originating on
the Reading railroad and carried by it
during the last two weeks in June was
557. 200 tons. This was the largest ton
mage so originating ever carried in the
same period and was 81. 7 per cent. of
the total anthracite production for the
same time. During the early part of
June seventeen OF the Coal and Iron
company's collisries were not working,
principally because Of the heavy rain.
fall of the latter part of May had over
powered the pumps. preventing work
at one time at all but five of the com.
pany's tifty-two colleries. During the
last two weeks of June, in which all
OF the collieries were working except
six, the production of the Coal and
Iron company's collieries was about
a, 600 tons in excess of the production
OF any previous period of two weeks.
A Susquehanna dispatch Gays: The
Brooklyn oil we'll men, having gone
down 1000 feet and completing their
contract, the drillers have ceased op-
erations without striking oil. At the
depth Of 1900 feet Second sand" was
found about 90 feet thick, and the in
dlcations OF gas were excellent. Mr..
Nash. the chief protector, and the drill.
lers unite in saying that the indica-
tions have at all times been excellent.
In Hopbottom Monday the share hold.
ers held a meeting which was attended
by the principle officers from New
York city. They discussed plans for
the future. The people of Hopbottom
desire that the company sink we'll in
that place and are willing to take a
big block Of stock in the company. In
several places in that vicinity oil and
natural gas haye made their appear
ance; and in a creek, where cattle were
wont to drink, slimy substance with |
a petroleum odor has appeared, and |
the cattle refuse to taste 1t. Scranton |
capitalists attended the Hopbottom
meeting. Brooklyn people still have
firm faith that oil and gas exist there,
and If the present company will SUR
render Its leases. the Standard Oil com
pany, which will soon begin operations
IN Bradford county, stands ready to
lake the leases and begin vigorous op.
erations. Oil may yet be discovered
in susquehanns county.
The directors of the Pennsylvania
and Northwestern Railroad company
met at Philadelphia yesterday aud de-
clued that 1t would not be expedient to
pay the semi-annusl dividend upon
~ 25O, OOO of capital stock. The road
runs from Bellwood to Horatio. a dis.
tance OF sixty-one miles through the
biiuminous coal region and the pass-
ing OF the dividend is directly due to
the miners strike. Practically no coal
has been shipped over it since April
Last year the company paid dividend
of 9 per cent,
MINOR INDUSTRIAL NOTES:
The majority of Coke Bros. & Co.'s co,-
lleries are working three days this week.
The water in the Merriam mines still
reaches an elevation of seven feet and one
inch.
The Southern Railway. and Steamship
association has fixed upon Aug. / to re-.
store rates.
Wages of Panama railroad employees have
been cut 10 per cent. and those of the On.
nal employees 20 per cent.
Joseph Wood, the general manager OF