New-York tribune., 1900-08-26
SOFT GOALS BIG FUTURE
CoLLIERs ARE NEEDED TO CONTROL
THE EUROPEAN MARKET AT ONCE
supPr;y ABROAD NOT EQUAL TO DEMAND.
WHICH THIS COUNTRY CAN MEET
ADVANTAGES TO BE GAINED.

srJPpI;Y ABROAD NOT EQUAL TO DEMAND.
WHICH THIS COUNTRY CAN MEET
ADVANTAGES TO BE GAINED,
Because II stands for wealth-eustenance and
comfort for the toer who picks and shovels it into
tns mine car profits for the operator. dividends
FOR the railroad and tonnage at tidewater for ocean
freiehters-because soft coal stands for these
things II Is something Of pet these days In the
wall Street Offices where some brokers mix mar
Gins with mint iuleps and dream OF making enough
money IN ten years TO support a steam yacht
Fsituminous coal. the stuff that smells TO heaven
when Il IS stocked under locomotive ooiler ana
makes the passenger wish that every engine might
hurn vood-this is the commodity that is engaging
the attention Of more than one investor in the
Street" II Is OF the things that Is looking
up" or in other words, in the development OF iIs
export n affords ground for hope that Uncle Sam
mel whose head and shoulders a little bit above
any OF his neighbors In other great industrial en-
tsrprises, may IN very fact be carrying coa4s 10
Newcastle TO France. to Bremen and to the
Mediterranean ports and selling them there TO the
o5vsn+aeA OF the American producer. That is the
uav II looks to the coal men in this city. under
certain conditions.
STEAMERS IN BIG DEMAND.
A rscognized authority on the subject said to
Trlbune reporter yesterday
The quick development of profitable and large
sssnort trade in soft coal depends almost enuTeIy
Sn the furnishing Of tonnage to carry the c1al
@ haven't got the ships 70 S cay hssr thT poRen of in
ems Of Contempt is now busy carrying food
ET EEs SRd deg 8 sPPnfh Aoa @ and tchna and
e mighty scarce article NoTwegian 20 Sp1 Sss for
osrgoes now have plenty TO DO and there are no
SPs S nT 6Tof6g 6Sg e foT US to DO is to go work
and build the colliers, and make them SO nv
saSs snssr f6s 6eftos MH aoa Il is not exactly
g wait for The passage OF any s1v facate and
de the S sneFBBSs @ BS tbg IN boats ae Surely as an
sIssfTnent and hght it out with our competitors'
believe that Mr.. Orcutt and Mr.. Willett. OF me
hsagsks& & aRd oh 9ai9 poT S9a5 TosRs eRs ship Guiding
plant, Will as some Of their G9Uer1nebhs M en-
cevelopment Of this soft coal exporf p O1SlTS 9 ~
tra5e ere are Well grounded runors ahoat that
Hhey expect to 90 something OF the kIlG, aIiG o0
Hons along this line is only another proof that
something is likely to be done at an early cay Inc Inc
year warrant the belief that money win be oneap
fSan an export proposition Of this sort?
EURoPEs DIFFICULTIES INCREASE.
Henry s. Fleming. secretary Of the Anthracite
Coal Operators Association, visited Europe about
fwo years ago TO investigate the markets abroad.
and he sailed yesterday for another trip OF the
same character He was quoted as saying!
am confident that there is q great opening for
me export OF our coal TO the Continent The mines
Of England not only not exhausted but the pro
uction actually is larger than last year ana
fhe mines are becoming deeper each year. The cost
Septh. There are on the British Isles think, no
unknown coal deposits so that the OF the coal
In Belgium the coal mines are about exhausted
u France and Germany the coal mines are capable
of still greater production than at present but as
She home demands are Increasing the export of
has come when the domestic supply over there is
inadequate and coal is needed.
be understood however. that the production Of the
mineral in EuroPe Is not decreasing @ but & actually
with the demand. The war in South Africa caused
China have only augmented the diffcuIty in secur-
ing coal. There has been great industrial activ-
fly IN Europe, due to the expansion OF the manu-
featuring Industries. The point TO make clear is
that While there are temporary causes 10 acGoQnL 4
the product will increase, and are in position
The hep mine oners an IN Europe operate under several
disadvantages. The labor unions there are strong
and are able 10 protract g strike The mines are
Too Iate t6 make changes Then too as The mining
goes on. and greater depths are reached, the ex-
pense increases.
The opening up OF an export trade IN coal will
mean new source Of Tsven1e TSe some q sne
peake and Ohio Central Railroad Of New-Jersey
Pennsylvania and other roads will get the benefit
transported in English ships. it is impossible
under present conditions for to compete success
fully with the vessels Of that country.
BUSINESS QUESTION IN FRANCE.
The exports OF coal from this country for the
calendar year Of 1889 170 796 tons OF snthra-
cite and 4.O44 3S4 Of bitumnous Taking anthracite
and biruminous together. the exports were 2+s per
cent OF the total production. What the coal pro-
ducers want to is this percentage largely in
creased According to the report Of the Geological
Survey anthracite is being steadily supplanted by
soft coal under boilers and for manufacturing pur-
poses. and the production OF anthracite cannot be
expected TO increase in the same proportion as
bituminous. In 1899 anthracite constituted 1886
per cent Of the whole produced and the percentage
IS not likely 10 Increase In speaking Of the French
markets yesterday an exporter said:
II the American coal dealer can convince the
French coal consumer that our American coal will
prcdGca the same amount or more steam ton,
aae can be placed on the French market at the
ssrae or & lower price than the English COAL the
american will get the order, for the French dealer
ccSs not buy English Goals because they mined
80 England OF Wales. Some American dealers are
of the opinion that coal can be sold in France and
paI1 for before the ships leave America and with
out the Frenchrnau knowing anything about the
quality when the coal be delivered. but they
must disabUse themselves of this idea before they
can 90 business with French coal users. What is
required is q good steam producing coal, and one
that viii not make too much smoke produce
much ash.
Interests connected with the American Car and
Foundry Company said yesterday that the active
home demand for coal and the expectation of an
increased foreign demand had caused marked in
crease IN the order for large coal cars.