Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-12-27

q its all right IN the summer time
Gay summer time glad summer time,
But in the winter time. myi
old Song
Today The coal supply Of salt Lake
is costing consumers Just $500 less
than yesterday. aud this means in
year saving Of about $4,000. Coal
dealers figuring last summer on the
prospective demands looked FOR q
very different winter.
Coal has dropped % cents per ton.
ana it now sells at 1915 Instead Of
- ON the upward market an those
engaged ia the coal business-mines.
railroads retailers and hauiers each
increased their bit with a solidarity
Of 'front.' but on the march down the
mn again the interests least pre-
pared TO protect themselves are the
FIRST 10 suffer.
The drop I'm coal means that the
mines AS yet get the same old nr,cs
lh1 railroads have dropped a cent he
retailers take out the usual propor-
ti"hi Out the man with the wagon and
the shovel, he takes his old price of
e0 cents ton, instead Of he price OF
ton. -
PRELIMINARY BREAK.
This break is thought to be prellm-
mary, as the entire economic situation
has reversed itself since the coal nro-
ducefs were able 10 carry prices up-
Ward. Then freezing communities
We're oHering any price right at the
ullhe mouth. Labor was incessant ia
us demand Now labor Is underbiddinR
Al d. d
slowing down OF great Industries has
cul me demand 50 that coal Is once
again hunting the market Instead 81
peins eagerly sought after with coun-
Ter bidding between communities Tor
even a small portion OF the amount
This condition should call FOR gem
eral downward tendency OF prices. and
the break Of last week Ia Wyoming
prices, followed by the break OF this
week ~ Utah prices Is generally con-
sldered TO be symptom OF further
reductions.
AT THE MINE
Hero is the significant statement OF
Richard J.. Norris, OF the Citizen's
Coal Co. made this morning when
asked about further reductions.
The haulers have TO take % cents
less, and that saves $500 per day 90
the consumers, since about 1000 tons
are used daily just now. n the rail-
roads would follow up By dropping
the freight rate 90 cents a ton, and
the mine owners Ia their turn would
follow this by dropping the mine price
90 cents a ton. then the people could
get coal at about S4T5 tor s. and this
would be saving really worth While.
IL would help the city materially"
WORK 1T ALONE.
A significant feature OF the drop in
price, b that no one company seems
10 know about It's neighbOr. When
coal was jumped for the last time ia
the late summer. there was a notice
posted In every retail office. Orders
for coal subject 10 price on day OF de-
livery" Then there was "a week OF
scarcity. a jump IN price. and a season
or Immediate plenty. Now each coal
dealer declares that he doesn't know
anything about other fellows but That
his price Is 1915. IL Is Understood,
however, that all the dealers met and
decided TO stand together on the pro-
position or dropping the price 10 80
cents FER ton for haulage. Competition
OF many Industries 10 get men and
teams for their work has ceased to
force the 70 cent hEure.
NO MORE SHORTAGES.
coal shortages In the winter Of 1905
and again In the winter Of 1906 were
due, when they we're genuine. 10 The
too rapid growth Of the west. and the
present shrinkage IN the volume OF
trade has made itself felt IN the coal
situation as keenly as IN any other.
san Francisco newspapers investigat-
ing the coal shortages there, found
that orders for Australian coal were
90 made that artificial shortages we're
produced 90 run the market up just
before The steamers arrived With their
carEOa 10 sell.
Ia this combination Utah coal. Il
wsa claimed. had 10 keep on that mar
ket under threat that tho cheap Eng
lish product would be shipped In here
20 break W the Utah dealers. II thay
tried 10 modest the coast conditions.
Now, with avery section provided with
more coal than the market needs, the
contest 20 capture orders win be keen
cr, and that more breaks IN price may
he looked Tor 10 the opinion OF many
~ fh0aa familiar NTH nnuNfffowa