New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-27
SIGNS OF SETTLEMENT.
PRESIDENTS OF COAL ROADS
CONFER WITH d. p. 1IORGAN.
WHOLESALE PRICE OF ANTHRACITE
TAKES a SUDDEN AND SUR
PRTSING DROP.

Many careful observers OF the coal situation
IN this city made up their minds yesterday thar
a settlement Of the strike is probably near At
hand. There were two reasons for this con-
clusion One was that the wholesale price for
anthracite T. o b." took sudden flop OF IS
cents ton. from $6 % to So 50 The other was
that there was meeting Of the presidents OF the
coal roads in J. Pierpont Morgan's Office In the
afternoon. and this coming on the heels OF SEN
ator Hanna's call Mr.. Morgan on Tuesday.
started a report IN Wall Street that Mr.. Hanna
was exercising his influence with the coal opera
tors in order to induce them to come to terms
with the miners. The conference in Mr.. Nor
gan's office was private. and after It was over
little could be learned OF what was done. A
statement was given out. however, which r-aas
mo settlement has been reached IN the EXIST
Ing difference between the coal operators ana
the miners"
MT Morgan, when seen personally, saIdi
The strike has not been settled at any1asst-
ing in my office"
President Thomas Of the Erie sata urzc,,-.r,-
the same thing President Truesdals az IN.
Lackawanna and President Harris OF the
Philadelphia and Reading had nothing TO say.
President Olyphant OF the Delaware and ms
son and President Fowler Of the Ontario s,s
Western were not at the conference. PrsSsss5s
Olyphant is confined to his home byr bruizA. ~,
received while attempting to board. q. Nrasa.,-.
ave. car on Saturday. As he put one foot ~. 49,.
platform the car gave a sudden Jerk and Ia s.yf@
to the ground He expects soon to ba=at his
Office again.
Notwithstanding the denials that any settle.
ment between the operators and the miners has
been reached, it is reported that the presidents
agreed among themselves at yesterdays con-
ference to make concessions to the strikers and
the big drop in the wholesale price OF coaI "a
considered to be an open evidence of this secret
understanding ''The wholesale men are on"
said one dealer. Retail prices also weakened
somewhat yesterday, but there was no general
or marked reduction. The consumption feT off
somewhat, due TO the mild weather. and ~ a
substantial reduction in the retail price takes
place to-day nobody need feel surprised. Pa
tailers report increased sales OF bitumfnous coal
in this city, and the blackness and the density
- N-1N SAAOAS WINCH ldS Oeeu pouring from not
few conspicuous chimneys point TO vhers
much Of it is being used. The air was hay YES
terday, and some persons thought IT was partly
due to the presence of soft coal smoke and he
gan facetiously to speculate on how soon New
Yorz's atmosphere would resemble Pittsburxss
or Chicagos.
The Health Boards president Mr.. Murphy. "a
emphatic in saying that soft coal smoke shall
not be allowed TO defIe the air, but he is not
opposed to the burning of bituminous coal If a
smoke preventer is used. These patent con-
trfvances cost about 5000 each and can be fitted
to a furnace in a few hours time. Nearly four
hundred inspectors have been sent out by the
Health Department to get evidence against
smoke producers, and some OF them are armed
with cameras. President Murphy contends that
there IS plenty OF anthracite coal stored by ths
dealers to meet all demands for at least thirty
days to come, and that It Is held back for the
sole purpose of raising prices.
Archbishop Ryan Of Philadelphia, ho-caIled
on President Olyphant at his home on Tuesday
in an effort TO settle the strike, also called on
President Truesdale. It Is not knovvn>yst how
far he succeeded IN his mission