The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-07-24
THE COAL COMBINE.
LITTLE DOUBT But THAT 1T WILL,
GO UNDER.
Executive Session Held By the Mem
bers Yesterdny-The Union Pacific
Mines-Cutting VIII Soon Be in
Order.

The Herald yesterday announced
that the coal combine was on the
verge of destruction, and the associa-
ton now seems nearer dissolution
than ever.
The seven firms comprising the coal
combine, held an interesting three
hours session yesterday afternoon
behind closed doors in the Central
block
The meeting was called for the
purpose of doing business" and on
basis that all would understand where
they are at" The Herald man saw
and talked with most of the members
after adjournment. but not one was
DESTROYS of being quoted in the
premises. The session was red hot
and vigorous from start to finish.
That was expected by all, nor were
they disappointed. The Utah Coal
company, composed of Messrs. Ryan,
Hickman & Paris, now opening
large Office on Second South street,
were applicants for membership in the
exchange-combine, and were taken
within the fold, short lived though
the "combi.5" part of it may be.
At the close of the meeting nearly
every member had a Mustered look
and no wonder. In one week from
now AIr. Wostenholme viii cease be
inc the s'pivot'' on which the local
coal world now revOlves, and the RAM
roads will do business by wholesale,
not retail methods.
Mr. Wostenhoime will open up an IN
dependent office and strike out for all
the business he can get. So Will the
cstl1ar. coal firms, as we'll as new ones
TO be established.
As the matter now stands there is no
practical assurance that the new
measure will be the harbinger of cheap
coal. inasmuch as it is possible to break
III, combine and yet avoid the cutting
of prices That is the primary reason
why none of the members can palK
right out in this hour. They fear de-
moralization will set in, as 1t is known
that i'm certain quarters there IS a
strong desire to bring forth the snick-
ersnee at once Again, there are some
outside mines at Rock Springs to be
heard from. as we'll as the Diamond
vile. CoaNille and others, and uhe
DiamondviIle properties are located on
the Short Line, meaning that the judges
must start fair when they are all OIL
The Union Pacific mines are DONG a
big business these times, and their re-
ports show up ''gilt-edged' through
the fact that the Anaconda Mining
company. upon undergoing reorgan1za-
tion recently. closed down their coal
mines, and are now taking torty-one
cars daily from the Union PACING
mines.
Such increase is also proportionate
all through that territory hitherto sup
piled by the Anaconda mines, ana
significant that the Union PACING coal
people will not undertake to discrimin-
ate against outside mines by virtue of
having alliance even in the remotest
way. with the railroad. Any such
move would be impoEtic.
In conclusion it is safe to premise that
in the near future Salt Lake will be
getting cheaper coal. No odds how
earnestly the coal men severally may
work for maintenance of what they
claim are now reasonable rates, the
signs of the times are dead against
them. 1t only needs spark applied
to start the fire and then cutting will
be the order of the day.