Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-11-02
COAL DEALERS ANNOUNCE
ANOTHER RAISE IN PRICE
Anthracite Jumps 81 Ton. While
BituuinouS Costs Sl.15
More.
SITUATION IN EAST At'rr
New York and Philadelphia Rates
Higher Than i'll Ricllmond-I.ocxl
Yards Fairly Wcll-StockcSl, biit
Future Supply Is Precarious.

Retail coal prices have taken another
sudden jump and further advance.
are predicted by experts. Prices in
Richmond have not been as seriously
New York, hut domestic S!Acs---cEI ana
Tut-havc reached $3.50 :, ton, while
steam c"nl Was quoted yesterday at
s.. Anthracite coal went up 81 \ ton.
Willie sort coal advanced 3i.55 a ton.
within til. past week, the increase
being the second this fall
-Four reasons arc assigned Ivy coal
men Tor the present high prices. Short
age OF labor al the mines. Indifference
of labor engaged. Shortage OF cars ano
plants are said to he The principal
causes. That the situation Is acute
is shown by the fact that anthracite
is selling for $3.50 !, ton in New York
and other Eastern cities. while deal
e's arc calling for rctrcnchmcn; by
consumers.
COLD WEATHER MAY
CAUSE PRICES no SOAR
The condition has rapidly become
worse within the past ten days. ana
"a sudden severe change in the weather
mag cause an acute situation through
out tn" country. The supply OF both
anthracite and bitunlinous coul in
lichmond IS fair hut with the out
SIDE market in such wobbly condi-
ton. there is no predicting what
prices may DE asked. Any wild scra:n-
bic for coal may make The prices hero
soar.
Prosperity is blamed for the high
price OF coal. Il mas made Labor OK
pensiNc and scarce and caused car
shortage. Prosperity has also caused
many manufacturing plants 10 enlarge
and consume more coal. so that While
the demand has increased. tMe amount
o; coal available has decreased.
Domestic coal WAS selling at sS.jp
ton toE nut ana esG sizes carly las,
week. that being an Increase OF 30
, cents over the summer price. steam
coal Was selling at s5.25, an increase
az sl.25 a ton. Before thrse prices
had been in ef.ct more than week.
the now schedule became rffective.
several dealers admit that it. 100. nu5'
be subject TO a sudden change
Deliveries arc being made regularly,
and all local dealers are keeping their
stocks fairly wei balanced. Weather
, conditions. however. have been such
that real demand has yet been
sad" on tAern. Practically oil OF the
big orders were taken during the sum
ner ior tutur- delivery.
ONO AUTHORITIES
sT-tk1' INVESTIGATION
The New YORK; situation is acute
| Conditions are such that no big sur
plus he stored. consequently the
shortage il kernly f-lt. philadelphia
is ais" pinch.d. particularly Tor an
ihrac!le. Ohio Is suffering from :.
shortage OF anthracite ana hitu:ninous.
and tho state authorities have ordered
AN Investigation into tho causes.
Export movements in the spring and
Su:nmc: CAUSED the Fast to neglect
laying III supplies. while the OHIO
| River foods caused q curtaii:nont in
! tonnage for the far South. The lake
rorts and surrounding territory did
not handle their usual Huppiy because
OF the lack Of boat space One reason
| f'- tn" car shortage * Tho recent
ruling of the Interstate CONNER e
Commission which granted permission
| Tor the VI" Of coal cars tn hauling ore
| Vnlch Is heavily in dc!n.Tid nov.