The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-06-22

Some radical charges have been de-
cided mon by the coal combine which
controls the coal trade IF this terri
tory and on the ID day of the comlnS
month the business in this city will
he in the hands of w. J. Wolstenholme
instead of those Of Wolstenholme q
Morris as at present. The firm named
will be dissolved on the LIST OF the
month in consequence of this decision
on the part of the combine and Mr..
Morris will become associated with I.
4. Ellerbeck, who now does the iars-
est business Of any agency outside Oh
the official branch of the combine.
Ghese changes viii give considerable
s&karse to the business public, buI the
dissolution of the firm OF Nolstenho4nle
* Morris Will take place by mutual
consent. 1t will be the result OF an en-
deavor on the part of the complne 70
reduce expenses, ii having been asceI-
tanned that the revenues OF the past
year have been materially lighter than
for the several previous same periods
Of the life of the combination.
On the 30th day of the present month
the life OF the coal combine between
the Union Pacific and the Rio Grande
Western will terminate by time llmita-
Iooking to pernetuation Of the agree
ment entered into between the roads
for the purpose of absolutely control
ling The coal markets Of the territory
have been taken and there Will be no
lapse of the contract under which the
combine maintains its life. Represen-
tatives Of the coal departments OF the
roads have met and the agreements IN
force at this time have been extended
for another year and the announcement
has been made that after the I'd day
of July Mr.. Wolstenholme Will conduct
the general distributing and sales bust
ness of the combine in exactly the
same manner as WOlStenhOlme q Nor
lis are now conducting it. The re
ports made at the joint meeting show
ed that there had been d very heavy
1fallinG off in the consumption Of all
grades of coal during the past year
and in consequence the revenues We're
considerably lighter.
There seems to be a possibility mat
the small dealers and ultimately the
consumers viii be enabled to secure
their coal at better rates commencing
with July. W nile no statement has
been made officially, several of the
gentlemen who should be on the in
side stated yesterday that the railroads
had decided to make another reduc-
ton in coal freights and this will
cause a cut in the price OF fuel 20 the
consumers. By means Of an agree
ment now in force and to be continued
the q aers outside of the combine will
beXMfTen the same margin on the
coaR, purchased by. them as that en-
JoyeGf by the main agency.
When questioned yesterday as to the
probable effect of a modification of the
order made by Judge Merritt in the
appointment of receivers for the Ore
gon Short Line and Utah Northern
upon the coal combine one of the gen
tlemen who is near the powers that
be, stated that in his opinion the
agreement betW cen the Rio Grande
Western and tks5 Union Pacific as 10
the sale of coal in this territory would
be maintained without the slighes
change, regardless of any changes
which might be made in the manage
ment Of the Utah lines of the latter
road. Ali Union Pacific coal could be
brought down from Ogden over the
Rio Gl'ande Western and the combine
be held together in any event 1t Is
stated, however, that IN the event of
Egdh securing the sole receivership if
~ his intention to open up the coal
properties along the line of the Short
line and send the product 10 this and
other Utah markets at reduced rates.
Should the railroad situation take A
turn antagOniStic TO the Union Pacific
then the Diamond coal mines on the
short Line could cut a material figure