The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1902-09-07

REPUBLIC SPECIAL
New York. Sept Ex-senator PIatt to-day
declined to say 4 single word on the settle
ment OF the coal strike. which he has pre-
dlcted would end SOON Governor odeli and.
in fact, all the State party managers. it
was said. are determined that the high
price OF coal shall not be laid at their doors
as a Democratic State issue this fall
II Is said to be more than probable that
the Governor and Senator Plat will on
Monday take up this strike question very
seriously.
Coal prices have begun to show a tenden-
c. TO break. A number OF sales of domestic
sizes OF hard coal have been made, some
Of them IN considerable quantities. at $50
4 ton. or % cents less than the scheduled
price. This, considering the fact that only
two weeks ago. with surface Indications
about the same as at present. the same xas
selling FOR !i and ;I2 a ton. Is thought 10
be significant. A number Of constructions
have beer put on the drop.
DAILY PRODUCTION 1900 TONS.
One explanation offered was the fact that
the daily returns Of the coal companies
show that nearly 400 tons OF coal are be-
ing mined daily in the fields OF PennsyIya-
MA Gradually the operators have man.
aged 20 resume work at a number OF points
and the dealers say that there seems 10 be
no reason why ;h- output should rot In
crease little by little. as II las bss= doing
for the past month. SnnI the sHppIy will
not be 30 short a. &c variant high prices.
They say that some dealers apparently
believe that THE present ftate OF affairs
makes IL eTpedient TO lower their prices. as
they have done. So, 81 Is explained, with
U09 tons being produced daily and a pros
pect for an increased output, f. is natural
that the market should drop SONS AT Least.
Moreover, many Of the dealers believe
that even greater efforts viii be made by
tbs coal mpsn MES 10 meet the winter trade.
Tesy think that an attempt - a general
opening Of the mines may be e<peeted be-
fore long aud point out thar ssen % such
sH attempt Is not made until October
sDougb coal could be mined curing that
month and the early part Of November 10
spabls the dealers 10 meet the larger part
% their eolf-yesthsT orders,
More sggTsssiys tactics are sEpsstsd from
the operators bef0Ts October, agd "a Sons
quarters are looked pT pretty promptly
now, This bsiisf hes undoubtedly sls9 hal
81 Influence ~ prices.
HB eHUNDSs VIEW OF SITUATION.
Notwithstanding tEsss e,siHs 81 tbs sosi
mias operators, NJ, T. H. ghiias, general
msEsfsF ~ tks Ontario sBf WsEeFH Rail
fess, 10 sgthoFlty fSF Che statement inst
HBs Shortage ~ ssai II 80 serious that "
vii take nearly fNs years lF tks sea-
market - FsssTeF ~ fsFmsi condition,
~ NE ssHgsi report fsF the yssf ended
Jsss ~, Just iSsBsg, NJ esiiss says
"At tis dsts, August ~ ths ssHks Il
stib Sh, sHd IRE tStsi tfsaasitsB ~ aBtbfss
eits essi ~ ~ companies res tfSbsidy
been ftassS5 ~ fssssH ~ Gre sifiss stsgf
BSS5S tens, Nstsh, Win tst fe98stLse IN
ssfBit N February sB5 March ssBssd ~
sseas, vii sfFnfsis ~ fesst tsH6lso
tSss - fsf during the yesf IN
"sbessd the s8sfshsf6H ~ fhffiSk
e5htifas saoiEsf month until sestems
be- ~ the s5sftsgs viii sytfsslfnsts
Eypbs f5ns This enormous Decreases h4s
esJssa ssch = shsftses inst n msy BE- me
sbd q haf m ire yeafs 5sfSgs tire OUTPUT
vii ~ ssflefebt 10 more than sfppiy fhs
hnfntoahts ahd pfessins demands Of the
fYsfkst"
There ~ very fftfis fksifhsod Of IN.
rflts beihs Terminated bef5fs September
IA; hsbe< Aeeofdins 10 gentfs1 Manager
chiI1s. there shooId be- a bNoHD-ton De-
heieney in the eoal poekets 81 the country.
M II II extremely unlikely inst the fsfsff-
sfs viii permit this condition 10 prevail
without taking advantage Of II and keep
lns prices 90.