The Providence news. (Providence [R.I.]) 1891-1906, 1903-01-26
COAL SOLD
TO ALL,
COMERS
For First Time In Several Months
Dealers Place No Restrictions
on Sales Of Fuel.

This week. for the first time in several
months the large coal dealers OF the city
are selling coal TO all comers. For the
first time In months the deliveries are
promised within a day or two, and, In
urgent cases. coal is delivered the day
II Is ordered.
This condition is due TO two reasons
the less urgent demand and the fact that
the dealers have their deliveries well in
hand. together with a fair supply OF coal
on hand on which to draw.
The Eastern Coal Co. Is selling coal to
all, and all kinds OF coal, at the office and
at the yard. The company is charging sll
for white ash in all sizes and sl2 for
Lehigh The company has enough coal
on hand TO warrant this being done.
Yesterday the company received the
barges Marion Chappelle, with 1922 tons
of soft coal. the barge Independence with
1000 tons OF soft coal and the barge Coal
King with 22OO tons OF soft coal. a total
of 1922 tons OF soft coal. The company
also received the barges David Wallace
with 1877 tons OF anthracite and the
barge Hornet with 1886 tons Of anthra-
cite. a total OF 2S13 tons Of hard coal.
With the coal that It had on hand the
company is now in a position to handle
| all the orders that may be received until
! further notice.
John r. White e. Son Is fairly supplied
| with coal OF all kinds and is selling coal
| 10 all persons who apply, there being some
thing OF relief from the past heavy de-
| mand and the prices are about S11 for white
ash. The company has no Scotch coal
on hand.
Both companies have coal afloat. The
! Eastern Coal Co. expects a cargo OF for
eign coal this week, and there are other
| barges OF domestic coal expected. John
| r. White & Son expected the barge Nora.
! with about 1900 tons of anthracite coal
! In today but she had not arrived early
this afternoon. This company has other
| coal afioat and there Is a cargo OF about
1000 tons of Welsh coal in the steamer
| Madeline which left about ten days since
from Cardiff for this part.
In the arrivals of yesterday the barge
| Beechwood brought 1900 tons. equally d.
vided between soft coal and anthracite,
which was consigned TO Joseph Olney q
| Son. The Consolidated road received 3OIa
tons OF anthracite in the barges Western
Belle and the James Hughes, when
brought respectively. 1900 and 900 tons,
and the schooner ]. w. Willing, which
had s75 tons of anthracite. The Consollda'
ted road also received 4325 tons OF sofl
coal. which came I'm the barges Kings
ton and Amos Soule, these having l7V
and 1925 tons, respectively.
On Saturday the Consolidated road re-
ceived three cargoes of coal which aggre-
gated 6625 tons in all. all soft coal 1t viii
be seen that the coal for local use receiv-
ed in the past two days aggregates Al:
tons anthracite. and eS22 tons of soft
coal a total of 1925, while l0,950 tons OF
soft coal and 800 tons OF anthracite. a
total OF 14.025 tons was received by the
| Consolidated road. This makes a total OF
27.260 as the coal receipts for the two
days
No coal cargoes had been received W
TO 2 o'clock today.
The New York market Is considered &c
be weaker today. The independents, who
were compelled to sacrifice their coal be
cause OF the action OF the railroads IN
compelling the moving OF the cars II
which the coal had been stored, have
been selling at any price they could ge'
and naturally there was a falling off II
| the prices
There Is practically nine weeks be
tween now and the first Of April. The
coal dealers cannot expect more thar
four weeks more OF the active coal mar
ket and then they will buy coal sparing
| ~ so as not 10 have too great supply
on hand at the first OF April Last weel
there was more coal burned In Provi
dence and vicinity than there was burn
ed. but for all that the cold weather o
Saturday did not brace up tho demand.
| The price remains where Il was, that IL
for white ash, last week There Is no i'm
mediate prospect for change in prices
| There is more coal TO be had and Their
is more on hand among the people thar
there was. and the people who have Goa
are hoping they will be able 10 get alonl
without paying the present prices 70
coal II Is anticipated, with the adven
of mlder weather. that there viii be
break In the price and the dealers wht
have any considerable stock OF high COS
ooal on hand will get the full benefit o
the drop in prices. Because OF this pros
pect Il is expected that coal will be pur
chased as close as the market will per
init.
with mild weather the prices will sool
break and drop. There Is no reason to be
lieve that coal will be otherwise than
drug on the market for the first few
weeks after the first of April becaus
the dealers will seek out the lowest price
and will not purchase unless compelle
| 10 do so.
= Freight rates have dropped again an
the prices quoted today will average 81
ton between this city and New York
4 ! This IL 100 per cent more than the norma
A | rate but AZ Is also a drop OF 100 per cent
which would seem TO indicate the condi
ton OF tho market II would not be pre-
dieting too much 10 see freights back {
the normal quotations between March !
Y and 20.
y |
nj