New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-09-28
COAL MEN YIELDING.
OFERATORS OFFER LINERS 4
10 PER CENT ADVANCE.
END OF THE GREAT STRIKE Is BE
LIEVED BY MANY TO BE
ALMOST EFFECTED.

ALMOST EFFECTED.
Negotiations for a settlement Of the great coal
strike are now under way. They are being con-
Quoted secretly. but this much is known-the
operators have decided 70 make concessions 70
the miners. There is good reason for believing
that the terms offered 70 the strikers are an ad-
vance Of 10 per cent in wages. coupled with the
condition that they viii waive their claim for
recognition Of the union by the operators. The
mediator is believed by many to be Archbishop
Ryan. o. Philadelphia II is thought he VIII be
able 10 persuade President Mitchell. the strike
leader. TO forego the recognition OF his union IN
consideration Of the substantial benefit which
will accrue TO it's members from the Increase OF
wages. and in view OF the practical recognition
which his union VIII receive all over the land
as having achieved a decided victory for or
ganized labor
President Truesdale OF the Delaware. Lacka-
wanna and Western Railroad is authority FOR
the glad news that efforts are being made TO
bring the strike To a speedy close. His adrnIs-
sion that negotiations have been opened with
the strikers is a direct confirmation OF the ac-
curacy OF The Tribune's prediction. made yester-
day. which was founded upon the conference
Of coal railroad presidents in J. P. Morgan's
Office Mr.. Truesdale said:
II was at the meeting at J P. Morgans Of
fee. I know OF no settlement having yet been
made. but 1t will do no harm now for me TO tell
you that negotiations toward the settling OF the
strike are actually under way. They are being
resent either party TO the difficulty
Isn't that a good deal like arbItration?'' 20 Mr..
Truesdale was asked.
II should prefer 70 call It mediation ne
answered. Senator Hanna is not the man
refer to- he added.
ARCHBISHOP RYAN PROBABLE MEDI-
ATOR.
J. P. 01organ's coal interests are 50 great that
he does not fit Mr. TruesdaIe's description OF the
go-between at ALL All signs point to Arch
bishop Ryan, who came 10 this city the other
day to see the coal road presidents on this very
subject. So confident did Wall Street feel that
a settlement Of the strike was practically as
sured by the action OF the operators that all
the "coaIers" showed great strength in the
stock market There was extensive covering by
shorts as well as considerable buying for the
long account. New-Jersey Central closed at
13414. net advance for the day Of 314 per cent:
Delaware and Hudson at 11O24, net gain 81 per
cent; Reading first preferred at sos. net gain. g
per cent; Reading second preferred at &c. net ad-
vance. rs per cent; Ontario and Western at
2O1l. net gain. : per cent and Delaware. Lack
awanna and Western. at 1751l a net advance OF
IL per cent.
President OIyphant OF the Delaware and Hud-
son Canal Company. was not az his office yester-
day being still confined 10 his home by his
recent accident. but it was said for him that his
company would not join hands with the other
roads in the movement TO raise wages 10 per
cent The coal tonnage OF this road is compara-
lively small. however. and It IS difficult to see
how it could Ions hold out against a general ad-
vance on the part OF It's rivals.
The prices OF coal in this city remained sta
tionary yesterday. The trade is anxiously
awaiting developments. and fully expects TO see
the strike declared OF by Monday at the fur
rhest Few sales followed the drop IN the whole
sale price of the domestic grades OF coal re-
ported in these columns yesterday. and this IS
taken by many 10 be a confirmation OF the
theory that the retailers are well stocked UP. and
need not have raised prices 10 their customers
at all.
WARRANTS IN SOFT COAL CASES.
Persons who have been driven by the sudden
rise in anthracite TO using soft coal viii be glad
that relief IS in sight, because they were, hg-
urativeIy speaking, between the devil and the
deep sea. as will be seen by the following state
ment made yesterday by Secretary Goldermans
of the Board OF Health
Within twenty-foUr hours warrants viii be ap-
Piled for in the different courts OF the city
against all violators Of the law regulating the
use of soft coal There are in all about thirty
five instances where the law is being violated in
this respect, and notice has been served on these
places
Reports reached here last night from the coal
regions that President Mitchell says no over
lures have Yet been made 70 him for a settle
ment. but sufficient time has not yet elapsed
for the mediator 10 reach him.
TEN PER CENT INCREASE OF WAGES.
PRESIDENT MITCHELL BELIEVES OPERA
TORS HAVE AGREED TO MAKE
THAT OFFER
aazleton Penn. Sept 27-The Associated
Press tonight secured from President Mitchell
Na min