New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-08-24
Maximum Profits for Whole
salers Are Also
Set
Rulings on Retail
Rates Coming Later
Fuel Controller Plans Drastic
Action if Operators
Resist

WASHINGTON, Aug. 23.-President
/ Wilson to-day announced the govern
ments price schedules on anthracite
coal, and at the same time named DR..
Harry A. Garfield, president Of Will
Jams College, to be Coal Administra-
tor. Hard coal prices at the mine, ac-
cordng to the government schedule,
vary from minimum Of $4.45 for egg
coal Of the white ash grade to $3.50 for
stove coal of the Lykens Valley grade.
The price schedule, it was stated, was
based on the recommendations OF the
Federal Trade Commission.
Under the tepms of the Executive
order issued by the President to-day
coal jobbers are restricted to charge
Of 10 cents ton in excess of the pur-
chase price on bituminous coal and 20
cents per ton on anthracite delivered
east of Buffalo. West of Buffalo, an
thracite jobbers are permitted to
charge a gross margin of 80 cents per
ton over the mine price. The stipulated
/ jobbers' margins, it was explained by
/ officials, covers the entire margin be-
tween the mine and the ultimate dealer.
Full Power with Garfield
The President vests full power in DR..
! Garfield TO administer the fuel control
powers granted in the food bill. Dr.
1 I'll, nj "a
coal administration patterned after the
food administration The extent OF
the government machinery necessary 10
control the fuel situation, DR.. Garheld
stated to-day, will depend on the Will
ingness of coal dealers to cooperate'ln
enforcing the provisions of the execu-
tive order issued by the President to-
day. Il will not be the policy of the
new coal administration to impose any
restrictive measures on the coal trade
other than those found necessary TO
insure equitable coal prices 20 the con-
sumer, whether that consumer be the
| government or the public. =.
The coal administration, 1t was ON
i cially stated to-day, will Immediately
formulate a system of licensing ootn
mine operators and jobbers. Acceptance
and adherence to the price schedules
prescribed by the President VIII be a
prerequisite for either operating or JOB,
hing licenses. Whether or not 1t VIII
be necessary to adopt system OF re,
tail licenses, DIR. Garfield stated, VIII
depend entirely on developments. IL
is believed. however, that before THIS
step is taken. which would mean con-
siderable elaboration of the coal con
troll machinery. an attempt VIII De
al
through campaign of publicity
Drastic Steps Planned
Should this fail. DIR. Garfield made
il plain to-day, it would be the govern
ment's policy TO undertake the llcens-
ing plan. the requisitioning and resell
! ing of coal -or any other steps tnat
/ might be necessary to a solution OF
the fuel problem.
In the event that the government ls
comnelled TO redusition and resell
coal. il was intimated, corporation
similar 10 the one recently organized
under the food administration for the
purchase and resale of wheat would be
organized.
II ia probable that such corporation
,,ilI he oreanized anyway so that the
government machinery will be adequate
10 meet any future developments.
THO Presidents order fixing anthra.
cito prices ard prescribing Joooers
margins, issued to-day. reads:
The following regulations shall apply TO
| the intrastate. interstate and foreign COM
merce of the United States. and tnn priets
| ord margins referred to herein snah pe IN
Sorc. bending further investigation or de-
termination thereof by the President
Jobbers' Margins
., A coal iobber is defined as person
| 1or ether ayercyD who purchases and re-
! soIIa coal 10 coal dealers or 10 consumers
without physically handling it on, over or
through his own vehicle. dock resue or
- For IN. buying and selling Of oi-
! ,,,,rirous coal a jobber shall not add TO
I his purchase price gross margin III eN-
. cess OF Is cents per ton OF Z,OUo pouhds
/ nor sbsII the combined gross margins OF
,, mor nmr,b.r Of iobbers who buy and sell a
/ o;yen shipment or shipments OF bftuminous
coal exceed fifteen cents per ton OF 2'oOo
pounds
Anthracite prices are fixed as fol-
lows:
White ash Broken, S4.55; egg, s445;
stove s4.70; chestnut, $3.50; pea, s4.
Red ash-Broken. S4.75; egg, S465;
stove. s4.90: chestnut, $3.50; pea, s4.lO
Lvkens Valley Broken. So; egg, S4.9O;
( stove, $3.50: chestnut, $3.50; pea. s4.35.
Producers who incur the expense OF
rescreening anthracite at Atlantic or
lake ports for reshipment by water are
permitted 10 add not more than tive
cents a ton TO the price.
The Presidents order forbids rail-
road owned mines from selling to other
mines and prohibits dealers from SELL
ing coal produced by railroad owned
mines on basis of prices fixed for
other mines.
The bitumnous jobbers' prices be-
come effective Immediately, as did btu
mnous mine prices announced last
night.
! (Comment Of city's dealers on new
! coal prices on page ~
Paris Fixes $40 a Ton
Price for Ordinary Coal
Tba prica of eocl