New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1903-10-15
The PASSING THRONG.

John VI. Richards. o. Fayetteville W Va - a.
the Hoffman House. He has been engaged FOR
twenty years. now. iu the land
NO WAY and coal development business in
To MOVE the vicinity Of his birthplace
COAL which IS in the New River mining
distri,t. Mr.. Richards might fairy
claim the distinction of having pioneered the intro
ducton OF the New River coal 20 it's present i'm
portant market the East. Our trouble said
Mr.. Richards. "is no longer that OF finding mar
ket for product. but the difficulty is in setting
1t to tiGewater. Our only outlet is the CleSl peaks
and Ohio Railroad. and despite the fact that ths
facilities FOR producing coal have been doubled n
the last six years ir is impossible get the output
Of the mines transported There are about a nun.
dred operators in the New River district and 3h01t
twelve thousand miners. an Of whom could be busy,
The coal at present prices would oring a prolt y.
all 1t is indeed dlscouraging % the operators .
"A good market for all they could produce tuss
railroad facilities Ii is also a fact that the
Chesapeake and ohio has . per cent more trach-
six years ago. and vet is hauling less coal % Ns7S*
port News than formerly The operators feel teas
they are being put at a dtsadvdut7c~ that Jl7
Pennsylvania coal production may have a more
favorable chance in the Eastern market
7. \. Goddard, president OF the Fort Dearborn
National Bank OF Chicago. IS guest at the Wa.
dorf. Mr.. Goddard Grand
FINANCIAu Master OF Illinois NIasOns. whci
SITUATION number more than fifty thousand
IN THE WEST I'm 1s94-'95 and IS the present treas+
urer OF the Grand Lodge. Srssk-
Ing OF the monetary situation I'm Chicago aud ina
West Mr.. Goddard said. "Our banks are in spen-
did shape and the conditions throughout ths MD
die West are excellent. The country banks arr
making no call upon us for crop moving currency
On the contrary. they buying commercial paper.
liz may be observed in this connection thar ITO
Chicago banks have opportunities which they cal
afford 90 overlook To secure gilt edged ana o.
sIrable paper in the East that pays good rates o
interest. IL is a bad banker who makes poor n
vestments just now. when there many rea-y
safe and profitable opportunities presented Tor
ing money. / doa,t think We have been toISas1
In Chicago by the slump in induStrialS In tlc view.
York market. There have been failures. ana !.
Is clear that n there have been any losses tnsy
have been sustained by people with whom -
banks do not have contact. The tobbers are a.
busy and there are no signs OF unfavoraole seas'-
conditions"
James AIaire MiIhOlland. OF CUMBERLAND MI =
at the Waldorf Mr.. Mholland Is president snH
general manager OF the Geoss
MARYLAND Greek and Cumberland H-iFo4l-
FOR His road is extensively engaged III
ROOSEVELT the transportation of the Georss
creek coal 70 Cumberland Iu'
output or the mines which produce superior s'eA,
four millions OF tons which 20 the e..slestt
market our output this year" said MI Nh.uS-
land. lis n little below the average We are ~ =,
servatiVc ia OpeTUt lions. and are aiii4t@
produce more than We can m4rAet az 1" F-cN1-
Business generally i'm Western Mary land = $50.
our state campaign is now IN progrcsS' a,I n
outlook o. especially favorable Tor the eleCtIona,y
The Republican candidate. Williams, 90 the ts.eeS
orship. The rank and file OF the Maryland fAes,
leans are enthusiastic for Roosevelt as nest ~.
national candidate He VIII certainly Get INC -
gates and believe he Will Do aole % ea4A
Stat. at the polls