Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1909-10-17
PANIC FAILED TO
HIT NEW MEXICO
COAL MINES \
of Total Production for
the Year 1908 in Territory
Three and a Half Millions,

Morning Journal Bureau
1IJ Aiunsey building
80


mining industry 80 iae United Statc.
and comparatively 10 some extent win
the lean years 1894 1925 and 1896
yet the total production in 1905 eN-
ceeded that of nny year IA our his
tory with tho single exception Of 1901
the year az reeord-making ACTIVITY
and production
In 1907 or ~ least until the panic
developed ia October. the principal
complaint OF operators was the near
city of labor Ia work the mines aud
of railroad cars aud motive power 20
transport Tho product No such diff
cultles were experienced ia zoos, FOR
although the output in the year m
der review was 1874 per cent less than
IN 1907. there was a pronounced in
crease IN the number OF men employ
Ga. both in the anthracite and blum
nous mines, and the transportation
equipment WIS at an times ample 20
take care az the diminished tonnagc.
The total production Of coat In New
Mexico ia 1905 was 2,i61,s3i short
tons, SIS spot value vas f3.3sS. 1853.
In the recent report OF the United
states geological survey the following
FAAANtAA'lAh - AAFhf A'knAAiNk Ahf 1'tN
industry In New Mexico and IFS pro-
duciion during the past year
The territory " New Mexico ala not
suffer so much from the panic and
business depression OF 1895 as did
some of tho other coa mining regions
OF the United States. In the prodmin-
airy statement issued by the United
states theological survey carly in jan
uaf8 u was stated that the production
Of the territory IN 1905 was not more
than 10 per cent less than IN 1907
The statistics complied shnN that the
actual decrease was l6l .022 short tons
or G.l2 per cent from "2.69S.95g
short tons IN 1905. The vaiue dccreas-
"a la somewhat greater proportion
from 81 .S32.l2s TO f2.3GS 1853, a de-.
cline of Sit3315. or II % per cent.
The average price per ton declined
from 81 50 IN 1907 20 81 % in 1905.
TIL features of the year were the
aetuai decrease WIS t6t02 short teHs
heavy falling of Ia demands for coal by
railroads ana bN the manufacturing
and smelling industries and the @
siderable increase in the production ~
cox by the stag Canon Fuel company
''""H '"''
COKE was sNipled I" aiird interests ~
NIl%"hA "hH "ispia'rd "~iulNtirhl
4~uahlHi "' EASTERN teAt iA ti'"t maj
kat.
FROM AA' l"1lrH p.t'N' Whl'h give
iNt o'u "l to'i 'h NtN MtNlco
10 leui and lgoS, ~ appeare mat the
%qaautity of voal maie into coke iu
~ ""@ we snort '"H9 WINE il
'''' y N'a ''"fl snort toms an "p-
pi,'.'' "'N' use n '''N OF 7n'ut ~
WV ''' aug l'N"''+ gwen 40 '''
49, i"i 0h"tsi'H coat
"t'' li '' tH'N W''' u" N'Al'"
"t, ia. uuNt'''l "i ''Nt
- ~" 'N'." w ''"' N's -ea'l-'
SNORT '"'i7' N'l'f lh t'VN u was -'i-
~" snort IONS an Increase 81 s.7Ao
snort TONS Ihr e"kr manufacturers Of
the l''rl'"lH WI" h"d I" depend upon
'uts'u' ","'N''s' We're al a consider
"hlr dl"fhNAhlhs't az when the panic
came IN i'u' tue Arizona sm'iters
VINO "ld nor suspend operations had
'Al ~ amount" nl COKE ~ storage AND
IN transit IL has eceu stated that
"uilns IN" prosperous u az i'pN
ana lFnt it"m 800 900 % 100000
tons of eastern coke had been shipped
INTO th' southwestern territory and
as 2 larke portion of this had not been
used, There was e decided glut iu the
market during On, nrst half 90 1905
THIS rv%slltcd in thc closing down Of
e number of Colorado and New MeN.
leo ovens Tho productions OF coke
at other plants than AZ Dawson
showed j. decided decrease. by the
latter part of the year tho accumu-
lated stocks had been practically used
up ane IA, demand for New Mexico
coke Improved 60 some extent
There NaS during ,hc entire year
is0s an ample supply Of cars there
we're no strikes nor other labor trnu-
| bles. and The SUNNY Of labor was ann
| plc. In NV N,Ntro as i'm th, other
| -roat.mintne districts OF the R,,kv
| Mountains. tb, effects az tho Japr,s-
sion on tho metaI.mminr iud,s.D.
l~r,ue.J , .irpius of labor In tb. ,'el
/ mines so mar potDttbsta,dtnr th, a..
,re,...l ,,,d,-ttnn IN ~. ,,rri,,r, H..
,nri., of ,,,.o ,rni,y.1 t, en-. ,,,i
,rinrs ehov,d h, b,.r,,s. fr,,n a-e
h, teo- D., q4sx in tens .r,..
. ..~,t,. d. -
49, - .a 90
H.. ,.- ao
n,,,,
,r go. ~.
o.e,a,.a e.. .
p +N|'" f' 'N w WV 'N. 'fNN o.