The Watertown news. [volume] (Watertown, Wis.) 1917-1919, 1917-08-24
PRESIDENT CUTS
HARD COAL PRICE
AT THE MINES
Harry A. Garfield, Head OF vii.
Iiams College, Named as
Administrator.
JOBBER'S PROFIT IS LOWERED
Executives New Proclamation on Fuel
Expected to Knock, Off 81 a Ton
In Cost to the Consumer
Rates Are Announced.

In Cost to the consumer
Rates Are Announced.
thracite cosl were fixed in state
ment issued by President Wilson and
Harry A. Garfield, president of Will
liams college, was named coal admin
iStratOr
The anthracite prices, effective Sep
tember 1, range from 81 to So per ton
(2,24O pounds) f. O. b. mines. Jobbers
are allowed to add profit of not more
than 20 cents per ton for deliveries
east of Buffalo and of not more than
80 cents west of Buffalo.
The jobbers' profit on bituminous
Is limited to Is cents per ton of 2,ooo
pounds, wherever delivered.
Effective on September 1.
The anthracite coal price scale be-
comes effective on September 1. The
bttuminouS scale, announced on Tues.
day, goes inta effect at once, accord
ing to a telegram sent by Joseph Tu-
multy, secretary to the president, to
d.
club.
Limitation of jobbers' profits is ex-
pected to have greater effect toward
reducing the price Of anthracite coal
to householders than the fixing of the
prices at the mines.
Announcement Text.
The presidents announcement was
In part as follows:
The following regulations shall ap-
ply to the intrastate, interstate and
foreign commerce of the United States
and the prices and margins referred to
herein shall be in force pending fur
ther investigation or determination
thereof by the president.
Jobbers' 1argns.
1. A coal jobber is defined as per-
son Cor other agency who purchases
and resells coal to coal dealers or to
consumers without physical handling of
1t on, over or through his own vehicle,
dock, trestle or yard.
2. For the buying and selling of BIZ
luminous coal jobber shall not add
to his purchase price a gross margin
In excess of Is cents per ton of 1000
pounds, nor shall the combined gross
margins of any number of jobbers who
buy and sell a given shipment, or
shipments, of bituminous coal exceed
Is cents per ton of 1000 pounds.
8. For buying and selling anthracite
coal, jobber shall not add to his
purchase price gross margin in ex-
cess Of 20 cents per ton of 2.240
pounds, when delivery of such coal is
to be effected at or east of Buffalo.
For buying and selling anthracite coal
for delivery west of Buffalo, a jobber
shall not add to his purchase price
gross margin in excess of 80 cents per
ton Of 2,240 pounds. The combined
gross margins of any number of job
bers who buy and sell a given ship
ment, or shipments, of anthracite coal
for delivery at or east of Buffalo shall
not exceed 20 cents per ton of 2,24O
pounds; nor shall such combined mar
gins exceed 80 cents per ton of 2,24O
pounds for the delivery of anthracite
coal west of Buffalo; provided, that
jobber's gross margin realized on a
given shipment, or shipments, of an
thracite coal may be increased by not
more than cents per ton of 2.24O
pounds, when the jobber incurs the
expense of rescreening at Atlantic or
lake ports for transshipment by wa
ter.
4. Effective September /, 1917. the
maximum prices per ton of 224O
hounds free on board cars at the
mines for the grades and sizes Of
anthracite coal hereinafter specified
shall not exceed the prices indicated
in paragraph five.
s. The grades and sizes for which
the maximum prices are speci-
fed are as follows: White ash
anthracite coal of the grade that be-
tween January /, 1915, and January 1,
1917. was uniformly sold and recog-
niZed in the coal trade as coal of
white ash grade; red ash anthracite
coal Of the grade that between Janu-
airy !, 1915, and January 1, 1917, was
uniformly sold and recognized In the
trade as coal of red ash grade. and
Lykens Valley anthracite coal that
is mined exclusively from the
Lykens Valley seams and of the
grade that between January 1, 1915,
and January i, 1917, was uniformly
sold and recognized In the coal trade
as coal of Lykens Valley grade:
White ash Red ash Likens Valley
grade m grade. grade
Broken. A55 Broken. .A75 Broken ...A.75
Egg. ...... 4.45 Egg...... 4.65 Egg ..... 4.90
Stoye..... 40 Stove..... 490 Stove 49,. $50
Chest.... $50 Chest. 4.90 Chest. ;. $50
Pea....... 400 Pea....... 410 Pea ....... 4.35