New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1895-10-24
PRICE OF COAL TO GO UP.
RETAIL DEALERS FoPCED TO 1T BY THE
COAL BARONS."
ONLY SMALL SUPPLY BOUGHT AT LAST SUM
MERs PRICES is IN THE YARDS AND THE

NEW STOCK WILL COME HUBER
THE retail price of coal has been advanced
so cents ton within the last three weeks.
said extensive retailer yesterday. and II
the great coai companies which control the
rates adhere 10 their new list which takes effect
tomorrow. another and early advance OF retain
prices of at least 25 cents ton will come. Dur
ing the summer the best red ash COAL in stove
nut and egg sizes. sold for 81 rs a ton; the
best white ash coal in stove and nut sizes. for
81 20 a ton, and egg size for "a a ton. These
prices were FOR Reading Railroad red ash and
Lehigh and wilkesbarre white ash coal There
is no more Plymouth red ash coal. The Ply
mouth mines are by no means exhausted ou'
the miners have struck a vein OF sort OF gray
ash coal. which Us good but not quite so good
as the red ash which obtained from the
same mines until recently.
RISE IN PRICES.
Retailers were compelled to advance 'he't
prices % cents a ton three weeks ago anu 30
cents more one week ago on account Oh the III
creased prices exacted by the coal mining
monopoly. making the present rates % cents d
ton more thar the summer prices. Inc com
panes. including the advance when take" Ell
feet tomorrow, have increased their prices 80
cents ton since September /. making the pres
ent wholesale prices free or board at the ports
and SO 30 a ton for nut and egg sizes
.The coal barons' have the retailers at their
roercy-if they have any mercy for any one which
I doubt They are in leSgu> with middlemeh' anu
4 retailer n..O nds lvauy cai..at e@i ""' -0~'
from the latter cheaper for spot cash thah ne
can from the companies direc: Inc miouiei'aii
gets a commission Of Is cents tor on all lhe codi
he sells and for his protection the companies auu
that amount to the net Price which ne mas 10 pay
to them Simp.e cash in the common trade
custom means thirty days credit, "hie Spo'
cash means money paid DIT once. NOW. II coai -
81 Is A ton at wholesale. the companies VIII "o'
sell il any cheaper to retailers. II retdilei so
20 . n,iddIeman and paws him spot cash. the
dealer gets a rebate or allowance OF hNe cents
TON and thirty days interest on the purchase
money which would be equal to a discount u
about seven cents a ton. so that the coal which
the conpanies will not sell for less than "a 10 Ton
oar he bought from the middeman for about "a W
q ton 4 majority of the retailers are hnahcIaiIS
unable TO avail themselves of TINS rebate VI L ~
count and the extra seven cents 'oi 49,.
thev are compelled to pay to the Dig coiipaiile'
Ma COS them at consdera Die disadvantage III Cui
netting with their wealther nelgnpoIs 81 -
whether the retailer buys his coal at - 20 vi -.
a ton he has in addition 10 that, 10 pa! ioi -
from the port OF delivery and Tor nolsihs an
wharfage at the docks In this city. Ing ia's % =.
freight from Perth Anboy and for' Johii , =,
tbis city Is 20 cents ton. and from hopoheI ID
cents a ton Hosting from the boats on alItN'us
at the docks here costs IA cents Ton anu "iair
age two cents ton. Ihese thISe !te'. - -
nense saw for coal brought from Perth AnD0y VI
port Johnson amount to 80 cents a loii' "hicn'
added to the wholesale price OK ~ 10 Ton iii s,
az coal cost the dealer 81 81 ton on the dock,
which Is often a considerable distance from MS
yard.
MUCH Il WASTED.
o,n addition 10 this cost there must be added
.r,, , nor cent for waste. te sax nothing OF the
,an,i,v lost or stolen from the carts whlch
-, tho coal from he dock to the deaier
yard Then there is the cost OF screening anu
handling in the yard and OF delivery d. &
homes or places Of business or customers Mi'.Oi
is large as many men, horses ana car a. "a
,rad e. do this work These figures are paseu
nnon the present wholesale price OF inc pest
white ash stove coal. and any one VINO WIZ ."No
the trouble think them over VIII see ona for
retailer can afford to sell this grade OF cIai ios
"a ~ ton II he supplies the genuine article ana
vives honest weight. If the companies SUCK 10
- tho nrIce of coal fully 25 cents ton by
November ! or 10 at the latest $3.50 -.Ao
Another dealer VINO IS prominent member
Of the Retail Coal Exchange VIM" npe,otiars who
the foregoing statement said: retailers WHO
have a supply on nand. bought at last suliIiIei
n~ices can afford to sell coal at the plesen,
rates but when that supply is exhdus.vu an I
thev are compelled 10 replenish 1t at the al
vanced wholesale prices they must increase the
| retail price or, if they continue 10 caiIy V'
| huSinpsS do at an actual lOSS w
our untown and downtown yards about o'ooV
| 80 ubsch we bought at summer rates ana
! shau make no advance until that IS all SOU
| uben II wholesale rates are firm at the present
LIST prices we shall be compelled III common
| With other dealers TO advance our prices III pio
portion to the Increased rate eAa0'eu i'' ~
| by the companies.
SMALL SUPPLY ON HAND
There is probably not more than one week
SUNNY of coal in dealers yrds in this city Some
of the smaller dealers are already out o. coal anu
are buying at the new prices. Those VINO are
! caught short on the increase OF 10 cents Ton
which the companies announce Will go into eiiect
tomorrow will have hard time In 'tiu.hs "Nei
TN the supply OF others laid In at the ola pticea
! Is used up Dealers would prefer to purchase
| and sell their coal at the old rates. ,-
| "Retau coal dealers are compelled by sharp
| competition to sell coal as cheaply as possible
| said another we-known member OF the f'e'a',
| cal Exchange and if they can buy their coal
| AZ low prices they are sure to sell IL al pioPoi
| tionatoly low prices or their trade VIII De lahen
| from them by others who are contenteu VIZ,
| small profits and quick returns. Shouiu H liu
| u,anther long prevail the wholesale rates may
| eoften and prices be shaded Dit Dut shouIu
| y ,roloncad and severe cold snap set IN You may
| ne enre that il will stfren the backbones OF the
| .barons and cause them to exact their luli
pound of flesh nearest Inc heart " nv e. Il
| Mood or no blood The fact Is thal I'M iet"i,
| oaoi dealers are 80 in the power OF me CoAl
| s,ononolcts that they have virtually become Ou'
| ,i,,ia more than licensed vendors, or puppets III
| The hands OF the companies VINO pay SI'a a -
| ~ Win nrices putting them either up or COW !
| =. Iii In fact il has come to such pass tha'
| a. "" ...,s, en,nly press the button and the re-
| an coal dealer If forced to do the rest OF o'op
| ant of the procession