The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939, 1906-06-10
xxssnxxa

ing Importance Of Minneapolis ais dis
tributing point is contained in the de-,
cision Of the Zeigler Coal company, of
which Joseph Letter is president and
practically owner, to invade the local
wholesale field, and to make it's head
quarters for the northwest in the Sc
curity bank building. 81. +
Still further Importance attaches to
this is one of the big producing COM
panies in the coal business. It Is
capitalized at $6,50o0o0. It is pro-
ducing now 1000 tons of steam coal
dav By Sept. l it will be producing
1000 tons day, and inside of four
years it's daily output will be at the
rate Of 10000 tons. or 100000 tons of
coal year, and the company expects
eventually to sell one-half Of this out
put in the northwest.
Price Is Cheaper.
Another item of interest to steam
coal users is the ability Of the Zeigler
company to sell steam coal by the car
load in Minneapolis at 81 a ton less
than the dock companies do. Domestic
coal will be cheaper ALSO. - a..
This coal is adapted in the matter Of
efficiency and price to manufacturing
purposes, and is also good for domestic
use. -.
Since the advent Of the M. A. Hanna
company eighteen months ago, this is
the first big foreign company to enter
the local field. 1t is the third Illinois
coal mining company. to make it's office
in Minneapolis.
| Because of it's position in the coal
| field and the fact, that it is reached by
two lines Of road! the Zeigler mine will
| In a h1o "a rot anal ~ MINI
out delay. It is on the Burlington
and the illinois Central roads, reaching
Minneapolis by both lines thru the
Peoria gateway, thus avoiding con-
gested railroad centers and consequent
delay. - = 's I'd. rs- = s%,*
| :. One Days Haul. ...,* g..
The Zeieler mines are 600 miles from
Minneapolis and, owing to the superior
transit facilities, the company promises,
after: Sept. l, to be able to deliver
steam coal within twenty-four hours of
order. 5.. 49,. :.
With the coming Of the Zeigler com
pany to Minneapolis. it 1transpires that
practically seventy..fve line coal yards
have Headquarters in Minneapolis, con.
trolling together possibly 1000 yards
in Minnesota, the Dakotas, Iowa, and
Wisconsin,. They buy all their coal In
Minneapolis, and a big item in the
commercial prosperity of the city and
in the bank clearings is the payment
for this coal thru the local banks.
Ole Journal Man.
E. G. Pratt Of Chicago has been ap
pointed northwestern sales agent fol
the Zeigler company. - Mr.. Pratt sale
Yesterday: "Mr. Letter regards tie
northwest as absolutely the most i'm
portant market for his COAL, including
the twin cities. Minneapolis is
natural coal distributing point equal
ing, on basis Of population, Chicago
and New York, due to the elevator anG
lumber interests, and because It is the
natural railway distributing point
MI. Pratt, is not q stranger to Mime
apolis. He has been for, seventeen
wears in the newspaper business, the
first thirteen in Minneapolis. He wa!
at one time Of the Journal staff ant
for four years was editor Of the Com
i mercial Bulletin. For four years HI
has been editor Of the Black Diamond
in Chicago. He attributes much o,
the success Of his company to the per
:. sonal management Of the mines BY Mr.
. Letter For the same reason NJ
Z trouble was experienced at the Zeigle
! mine during the labor troubles early
in the year. - -.-,