Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1917-08-24
Mines Not Allowed to Charge
More Than From Four to
Five Dollars on Board Cars,
Is Order.
BITUMINOUS DEALERS
TO GET SMALL PROFITS
President Names Harry A.
Garfield, Head of Williams
College, Administrator
Same as Hoover.


Washington, Aug. 23.-Government
control of the coal industry was made
almost complete tonight when Presi-
dent Wilson named Dr. II. A. Gar
field, president of Williams college,
fuel administrator, fixed anthracite
prices for producers and iobbers and
set a limit on profits to be made by
bituminous wholesalers.
The next and final step will be to
make regulations for coal distribution
and to fix anthracite and bituminous
retail prices. This will be done when
a distribution program is perfected
and when the federal trade commits
sion has completed plan under which
retail prices may be fixed.
Hits Jobbcrs Hardest.
The anthracite prices fixed, effec-
tive September l. are virtually the
same as those now charged at the
mines under a voluntary arrangement
made by producers with the trade
commission. The prices that may be
charged by jobbers, however will re-
duce the present costs sharply. BIZ
luminous jopoerr profits, too, will be
cut by the new price scale set for
wholesale transactions.
The anthracite scale for railroad
owned mines, which include practical
ly all the big producers, follows:
The Prices Fixed.
Anthracite prices are fixed as fol-
lows:
White ash: Broken, s4.55.
Egg, $445.
Stove, $40.
Chestnut, $3.50.
Pea, 81.
Red Ash: Broken, $4.75.
Egg, $4.65.
Stove, $490.
Chestnut $4,90.
Pea, $410.
LylSens Valley: Broken IS.
Egg, $i90.
Stove. $3.50.
Chestnut $3.50.
Pea, $4.35.
Independents Protected.
Other producers may charge an
advance OF rs cents a ton of 2,240
pounds over the prices set for the
railroad-owned mines. Those who in
cur the expense of rescreening it at
Atlantic or lake ports may add an
additional 5 cents ton. Anthracite
jobbers delivering coal at Buffalo may
charge an excess of 80 cents. The
combined gross profits of any num-
Der of jobbers handling u shipment
must not exceed the limit OF profit
set for single jobber, except that a
screening charge of cents may be
made on water shipments at Atlantic
OF lake ports.
Bituminous Profits.
Bituminous profits for jobbers are
fixed at 15 cents a ton of 1000 pounds,
and the same restrictions that govern
dealings by n number of anthracite
jobbers apply to bituminous transac-
tions. The presidents order forbids
dealers from selling coal produced by
1ailroad-owned mines on basis of
prices fixed for other mines
The bituminous jobbers' prices be.
cCmc effective Immediately.
The coal administration will be or
ganized as soon as DR.. Garfield has
his work of recommending
to the food administration a govern
ment price for the 1917 wheat crop. |
Or. Garfields price-fixng committee
1t was said today, would be ready to |
anh ounce a price within few days. |
System of Licensing.
Dr. Garfield announced tonight he |
would institute a licensing system for |
all coal dealings from the mine to the |
retailer and that if prices were fixed |
for retailers the licensing would be |!
extended to cover retail dealings.
Under the law giving the president |
control of fuels the government can
lake over and operate any mines fail
ng to observe regulations prescribed. |
A corporation similar, to the wheat
of the food administration |
was suggested tonight as possibility |
20 prepare the government to handle
he situation, If the price-fixing plan
1oes not work out satisfactorily. The |
asst resort under the law Is gov
requistion of the output of |
all mines and the sale of il to the pub
ic. The organization OF an operating |
ind purchasing corporation would |
provide all the machinery necessary
10 put the communicating provision
If the law into operation.