New-York tribune., 1901-12-29

Pfttsburg coal traders have no complaints to
make and no charges TO file against the year
1901 so far business is concerned They
have had all the business they could handle
and more. and they have made satisfactory
profts on large volume The tonnage output
OF the district has been enlarged not only by the
opening of new mines and the Improvement of
old ores. but the output of substantially every
mine in the territory has been multiplied by the
adoption of better methods and closer and more
economical manag cement. Ir the MonongaheIa
Valley there have been extensions OF productive
territory bordering the coke country. the
most extensive being the vast preparations that
have been made under the auspices or affilia-
tions of the United States Steel Corporation. in
the New-Klondike. Masontown. section. 1t
is worthy Of note that the first shipments OF
coke by river have been made during the clos
ing month of the year. and that it came from
this section. This is projected TO become an
important part of the Pittsburg river trade
henceforth. number Of the furnaces OF the
octopus that dominates the steel industry ara
along the Ohio River.
Within the last few months the foreign bust
ness has become OF even greater Importance
from a commercial standpoint. The very best au-
thority is had for the statement that this
growth Will be Of more than ordinary inpor-
tanCe during the coming year. with the rates
of freight from Atlantic ports across the
ocean on the basis of recent business. there Ia
the opportunity for a very large tonnage. In
fact. may fairly state that if the American
coal producers had been in a position 20 nil all
the orders which have been offered within the
last six weeks the tonnage movement would
have shown some surprising developments along
this line. In the course of time, as England con-
serves her coal product. as must be the case
from the increasing depth of development there.
the way is open 10 the American producer. Our
coal is mined. carried and delivered at the coast
loading ports at rate below that which OBJ
tans abroad. This is due to the advanced
methods employed in this country in all mat
ters compared with foreign methods
American coal has gone direct from the Amer
lean ports into the heart OF the French manu-
featuring districts. The accomplishment OF this
feat in the arrival Of the Westgate at Rouen
with a cargo of American coal has caused much
comment in the press. Not hostile comment by
any means, because the change OF seeing an
English trade undermined fully compensates the
average French patriot for any damage which
may be done to French industry. II is to the
nearer ports in the West Indies. Central and
South America that there is the chance for ex-
pansion. even greater than TO Europe. Vessels
can be had at 81 10 10 Havana or Matanzas.
81 30 to ST. Lucia or ST. Thomas, 81 so to
Kingston. 81 % TO Demerara. 81 so TO Bermuda.
81 40 TO Tampico OF Vera Cruz. 12s. TO 12s. Sd.
to Rio. lis Sd TO 12s- TO Buenos Ayres or
Montevfdeo, Ss. cd. to 9s. to a direct port in the
Mediterra nean at SIS. to SIS. Sd. TO Bordeaux.
ST. Nazaire or Havre, and So TO Manila. Yoko-
hama or Nagasaki The outlook for the coal
trade of this country is of the brightest Charac-
ter.