The evening times. [volume] (Washington, D.C.) 1895-1902, 1902-09-03
Wall Street Believes Strug-
gle Is Nearing Close.
Mr.. PLATT STILL CONFIDENT
He and Senator Quay Said TO Have
Joined Forces With Men Of Finance
in an Appeal TO J. Pierpont Morgan
Prominent Men at Work.

NEW YORK, Sept. S.-That the coal
strike will be terminated within the
next two weeks is the belief Of me1 who
know the inner workings Of Wall Street
and the political springs which move to
the settlement of this vexed question,
which is becoming q source Of danger
not only TO men high in political power
but to the Republican party itself
The upward movement OF Reading
today gave emphasis to the state
ment OF Senator Thomas c. Plat that
the strike would be ended in two weeks.
And the fact that J. PieTpont Morgan
remained in his Office until o'clock
last night was considered even a stron-
ger confirmation OF Senator Platt's pro
phecy. This is most unusual with the
big fnaneier, and indicated that some
thing of the greatest import was being
considered His partners. Charles Steele
and George ". Perkins, were with him
Powerful Forces at Work.
It's beyond doubt that certain power
ful forces are at work to end the great
struggle. The information supposed to
be most authentic is that Mr.. Morgan
having fully acquainted himself with the
+ phases OF the questions at issue between
the miners and the operators. viii at
last take steps to terminate the condi-
tons which have become intoIerabie to
s the public.
The statement Of Senator Plat, sup
plemented by that Of Senator Quay. that
the anthracite coal miners strike would
be settled within Two weeks. caused
much discussion in Wall Street circles
All kinds OF rumors were current, one
that was repeated most frequently being
TO the effect that Senator Quay Of Penn
syIvania would use his influence with J.
Pierpont Morgan and insist that the lat
ter do something TO settle the strike Il
Pennsylvania was to be retained il the
Republican column.
Senator Plat was seen and reiterated
his statement that the strike would be
settled in q fortnight, but declined 10
give his reasons for SO believing.
President Fowler Talks.
President Fowler. Of the New York.
Ontario. and Western Company, left the
city early yesterday afternoon 10 make
q trip through the mining district. a
representative Of the company said.
strike, and do not believe any attempt
viii be made 10 settle it. There is no
need. The situation is improving at tie
mines every day Coal is being actually
mined by 2 small force Of men in the
eoIHeries OF some OF the companies. This
coal IS used by the companies in running
their engines only the ccaI that Is pre-
duced from the washeries is taken into
the markets
representative Of the Delaware
IackaWaHna. and Western Railroad said
III Senator PIatt has said the strike
would be ended in a fortnight he might
have been nearly right We have nov
nine breakers running. with a limited
force OF men, and VIII open another
some time this week The president OF
this company made statement some
days ago that politics would net have
anything TO do with this strike. Senator
Plat knows nothing about the coal sit
uatioDs and Senator Quay would be gla,
Of any chance to get his name in the
papers. 1 have no doubt he would b,
glad to have some hand IN settling the
strike in making political capital out o
it. l have no reason to believe Il vii
be settled IN any way except by fizzlinl
out. unless Mitchell in the meantime de
elares II Of
Coal IN the Market.
Members Of the Retail Coal Dealers
Exchange said that there was so nucl
OF the small sizes Of steam coal COMING
into the market. owing 10 the operation
Of the washeries. that these size wouIt
not increase IN price. In some cases tn
prices we're easier for steam coal, bu
domestic sizes OF coal viii be increase,
in price today, unless some comes int,
the market. a representatives Of the as
sociation said:
There is no egg. stove. or broker
coal coming into the market from Ii,
mines. That is a matter that no one cal
control. The schedule price OF thes+
sizes VIII be raised from SO to 81 TOT
tomorrow unless something uRexpecJe;
happens