The Sunday telegram. [volume] (Clarksburg, W. Va.) 1914-1927, 1915-05-16
AS an Outcome of the Effects
of the European War OF
World Markets.

OF 9le European ysM oll
World Markets.
The Back Diamond. the of1e'al or
San OF the coal trade, mas 1ae loa5
lowing to say of the coal tseas stt sa
1ton:se = ..S...s...:....5.
.7-hr frItlyr big feature OF the nafion-
eo,alsnoar9et this week was the an
,,ns,ncenent that England had decided
=. Tonnue rs export shipments 70 its
own possessions and to allied conn-
1r,as = Since Germany Is not export
;rx coal. sinee The Belgium produe-
ton has been cut Oh, since Austraf-
ian coal comes under the English ruiz
tnS and ssince Japan's situation is
uncertain because OF war prospects.
this pTactJca1Iysdr drives the people who
have been depending upon England
for coal to the United sS1stes for their
sHpplias. IT Is estimated that Eng
Hand has w5thdrawn from the expor,
market to the. extent Of about 2;8o9,-
600 tons month. This Will mean
that Americas export trade will be
increased sbs that same amount There
can besAo conjecture sas to the I'M
fuence:of
Such Big Tonnage
upon The domestic situation Ths
smokeless coal held IS naturally the
one from which this supply VIII come
first, but even by abandoning coc1-
p1ete1y the home market the smoke
less field could not produce that tom
mage This means strength both at
home and abroad for smokeiess coal
However. the whole eastern section
will naycrto be drawn upon ic supply
any such tonnage-the fields. 1nclud-
ing the Fairmont district OF West yir-
Ssnia and even The spllnt and gas
field. the important veins OF central
Penpsylyaniz. some OF the mining dis
;rfcts 1n the Ciincf valley and even
certain coat veins IN Alabama:
Alf Of the Coal moved :t1to export
viii, OF course. be so much tonnage
rIthdrawn from the inland markets:
the coal fields by any manner OF
means, but it is COINS to introduce an
element Oh. general strength where to-.
day there IS general weakness.
The interior market is quiet This
Is not. lnoIE ever. a correct criterion.
because buying the first of the spring
months always is light. Thus for the.
first two weeks in May sales are not
Criterion. Steam business SLOWS IN
proye.4 but there ati1l room Tor a
greater expansion. .
New Record Made
New York believes that April an
tf1racite output established anew rec
ord and that all the coal shipped
found market. The report says.
however. that the business has slow
ed down for the fTst part OF May
In bituminous there is IS a TAR move
n1ent on contract and the same nope
fun feeling IN the market. due to. the
fact that export sales and western
inouiries are both heavier.
PhIiadefphia is not quite 80 opttm-
istie. on the anthracite situation. say
ing that sales have fallen on so
sharply that one of the major com
ran:es VIII clI1ai1 It's output the first
Of the week The bitnnsnous market
is spotty with tendency toward
stronger prices An improvement IN
the demand for coal for export IS also
helping the situation.
Boston observes that IN the last lew
dayz zof> April. the business vas
yeTr heavy as dealers were rushing
40 yet under cover The appearance
of Nav. brought the customary let
down of sa1es In bitun1inous the mar
ket is fariable WITH 1ndtcatlons enat
occa sionallF an oyersh1pnent OF the
market Results IN a sslaus neeFtns %
= From Buffalo the lake shipments
+a,e Anil were $4,000 tons. com
med with t47 600 tons for the cor
Tesponding month of last year Inc
iakes do not show dlsposluon 10
continue to s5sorb. coal quite SO rap
idly. IN bitumtnous contracts are
coming rather Slowly and IN some
csses purchasers are able TO close
only nv making long time confraSes
and TO cut the price ten -ccn,s unoer
increase IN Exports.
,,fe- feafure of the Baltimore
,,,a,sSe4- e the increase in exports u
ice have increased both from the
Nediferranean and from South Amer
lea and some heavy sales nave been
made In April. Italy took ee:eo9 tons
aod Argentine more than .3.eVe tons
The local industrial situations seems
-,er,,iiarIv fiat, with few persons IN
terested in, contracts and business
rather hard to get -.
ziIIS1S5rs IS still puzzled about botn
+,,e nrcsenf and the future situation
the newspapers are quoting men OF
J,r,orninence as saving that business is
5r,nroy.ng At the same time opera
tors are not finding better demand for
their coal add are not sbeIng forced
10 increase production even 20 salts
+, +i,e lake trade or the local steel
Mill demand. The same uncertainfS
extends +esfhe coke market. where
there is ratncr a. vide spread IN
prices both for spot coke and on bus
mess to extend the second
- Slack Coal Demand.
At Cleveland there IS q Better de-
uuand for slack coalraud this under
Ordinary circumstances@ ould seem
FNE@ :