The Providence news. (Providence [R.I.]) 1891-1906, 1903-01-01
NO PRICE
! IS FIXED
FOR COAL
Some Smaller Dealers GetIlnr'
an Advance Over Esiah-
Iished Rates.

Despite statements to that effect TIE
orally fixed by the assent of the prln~
cipal dealers. has been much increased
in price, such is not the case. 1t n true
that one or more firms have established
prices In excess Of ths last established
price. but IL Is also true that the general
price scale did not apply to the class
Of coal which has been offered at sd-
vanced prices by some of the dealers.
The price OF Lehigh coal was fixed yes
terday at s1o5o by Doe & Little but tch
coal sold for this price. cost nearly the
price asked to bring II here. and the
firm has only followed the business prin~
ciple Of not selling below ccst. The price
for Lehish, cargo OF which was today
received by the r. E. Smith company.
will probably be about the price named
by Doe & Little. n not uniform with IT.
During the past "a hours the arrivals
bringing coal to this port numbered
eight OF which the barge Olys. New,
York. brought s47 tons Of anthracite coal
to John r. White & Son. the barge Mar
vim brought $50 tons Of anthracite to John
r. White q Son. the schooner ElisaI
Scribner brought 547 tons of Lehigh frorx'
Weehawken to the r. K. Smith Co., and
the barge Graham's Polly brought S6k
tons Of soft coal from st. George to the
Eastern Coal company. The schooner
William r.. Palmer brought 2S06 tons OF
soft coal from Newport News. the schoon-
er Daylight brought 1000 tons of soft coal
from Philadelphia, the schooner William
L. Walker brought SSs tons of soft coal
from Philadelphia. and the schooner Jo-
seph NJ. Brooks brought 1896 tons OF soft
coal from Baltimore
The first four cargoes are for local useI
and the other four cargoes are for the
Consolidated road. which will ship the
cargoes over the road to various point
4, Will be noted that the arrival or care I
goes consigned to the Consolidated road
has been requent and the number Of carl
goes now on hand has driven the work ]
ing forces to the greatest excrtions to dio-I
charge the vessels.
1t Is expected that the tramp steamer.
Nyassa. from Glasgow. with about N00I
tons OF Scotch coal, would arrive dur
ing the day. The steamer was expected.
this morning but did not reach the har-.
Dor. This cargo Is consigned to tho1
Providence Coal company. 1t is expected
that the first of two cargocs OF WEIGH
coal. consigned TO John r.. White q Son.
Will be shipped from Cardiff in the course|
OF few days and this viii be followed
by a second steamer the latter part of|
this month or the first OF February. The
two cargoes will amount to about 8ooo|
tons.
one of the local dealers said today that|
he did not look for any Improvement fnI
the situation until April at least Ho|
said that the firms money would not buy|
coal and that was the situation I'm a mutt
shell. He had ceased TO worry. for thcI
company could not sell what II did nof|
have. and that was the end or the mat ]
ter.
The Eastern Coal Co. has not coal a.
any kind for sale and no price has bekr
fixed. although there has been a pufc&
named OF $3.50 for anthracite. which price
was established a number OF weeks since
The same price has been established f01.
soft coal. and while SO ton Is charxed
by Doe a. Little for soft coal the price a
not general.
White ash coal has been quoted az ~
but none IL offered for sale at this or AMI
other price. Yesterday r. z. Smith CO.
sold 30 tons OF Lehigh chestnut coal 81
$40 ton 10 clear out n bin that Va
wanted for whit ash coal. and this wax
gold quickly and delivered immediate1y
So far as the prospect for the buture n
concerned none of the local dealers Ioo1X
for any Improvement. They consider.
least some OF them. that the worst m
not yet been experienced. There n N
doutb expressed by some that all OF thM
coal II being russhed iato New York and
the other dealers. outside Of New YcrnX
can take what they can get
Coal r. difficult TO secure at any pricX
and II is difficult TO secure shipment ThX
coal operating railroads have boosted "a
the price ot freights from 80 cents TO
20 $50 and have shipped an much Of m
output Of the mines a. IL poseib1e VI
their own lines. but Of course the Ind
pendent transportation lines control m
situation.
There is The choice OF paying the coal c1
Grating railroads f1.5o q ton for transro}
tation. or Of paying from tls5 10 q 6
the same service by the indeuon(&n
transports stion companies.