The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1894-12-01
INDUSTRIAL TOPICS.

inc DelunO SHOPS are WOrklHS luli
time.
The Readings Coleraine colliery ton
mage is increasing rapidly.
1t is predicted that the Jersey Central
will this year earn per cent.
The Reading is credited with having
100000 tons of unsold coal on hand.
The big Johnstown, o., anti-steel
trust mill is almost ready for operation.
So is the Denver mill.
President Wilbur says the Lehigh
Valley stock list will be ready about
Dec. 10. 1t will hold 1900 names.
The Laurel Hill breaker, near Hazlc-
ton, has been overhauled until it Is
now one of the best in the regeon.
The Pennsy is preparing to build
new branch railroad into the rich BIZ
luminous coal territory of Somerset
county.
Those who know deny that President
Sloan is out of sympathy with the
movement to call halt on the coal
trade war.
Edward Walters was on Thursday Of
ficially inducted into the Office of presi-
dent of the Delaware, Susquehanna and
Schuyllxill railroad.
The officials of the Silver Brook Coal
company are preparing to shut down
No. | colliery and every indication
seems to point to its total abandonment
on Saturday.
Contractor Fox has completed lofty
plane at the Honey Brook No. 3 strip
ping, which will be utilized for the pur-
pose of hoisting coal by the Lehigh and
WilkesBarre Coal company.
During the past season 800 canal
boats We're employed on the Delaware
and Hudson canal. The total tonnage
for 1894 is $685. los, total tonnage for 1893,
100000, showing a decrease of 1872, ,795
tons for 1894.
Philadelphia Inquirer: Under all
the circumstances the reported ad-
vance in coal prices is force only eX-
ceeded in its blind defiance of absolute
facts by the determination to restrict
the December output to 100000 tons"
In addition to the action of the sales
agents last Tuesday in determining
upon restriction and fixing the circu-
lar rates, it was also decided to re-
ators' association to withdraw their
resolution of several days ago, request
ing the Lehigh Valley Coal company
to equalize it's line and tide prices.
And now it is the coke producers who
are getting together" The informa-
ton comes from an official high in the
II. c. Frick Coke company, that the
price of coke is to be advanced the
first of next year, or within the next
few weeks The quoted present price
is 81 ton, but this figure has been
shaded to 80 cents in some cases. The
advance will be $1.25 at least and per-
haps 10 or 15 cents higher In conse-
quence of the sliding scale now in
vogue, the wages of the men will in
crease in proportion.
Saward: with the small sizes of an
thracite so plentiful as they are, and
offered at so low price, they become a
formidable rival to soft coal. This is
particularly the case in the New York
| and New England markets. At so
many places there are ordinances
against the use of soft coal, the electric
| and other lines of transit are growing
customers for buck The cleanliness
is greatly in its favor and now comes
the further possible cheapness, and
there are likely to be some important
| developments in this branch of the
trade next year"
This remarkable tale bears a Mauch
Chunk date line: "A corps of sixteen
engineers has been at work here for a
week surveying through Carbon county
| the line of the Atlantic and Pacific
| Railway Construction company, char
! tered in the state OF Illinois and sup
posed to be backed by powerful Eng
| lish syndicate. The railway is to be an
| air line across the continent from New
York to San Francisco, and passes
through Chicago, which city will be
brought within thirteen hours of New
| York, and San Francisco forty-five
| hours of New York. The English syn
dicate, it Is said, will take $3.50, 900, 900
worth Of the bonds, and have placed
a bill in the hands of Congressman
Childs, of Illinois, asking the govern
| ment's Endorsement of the bonds, in
| return for which the railway company
is to turn over 81 per cent of it's capt.
tai stock to the government. The sur
vey is now completed from the Mis-
sissippi to the Delaware river, and the
construction is to begin next spring
and the division between New York
and Chicago finished within five
years"