The West Virginian. [volume] (Fairmont, W. Va.) 1914-1974, 1920-10-27
GOAL PRICES ARE
I ] N BLING IN.
THE EREGIONTODAY.
Some Sales For Lake
Delivery at SIS
Reported
CLEVELAND MEETING
Operators Agreed To Co
operate In Fair Prac-
tices Drive

That the coal market In the
Fairmont region today shows
weakened state cannot be denied.
Lake coal took a big drop and fell
from Sc to S5.25 generally, with
soue reports OF $5 IAke coal about.
Export coal, pool "a, also fell n
quarter over yesterday Is down to
| $40. Line shipments are OF also
! and the highest price for "a on
( this type Of business is reported to
be $6.I5, but a big percentage OF
=, the tonnage Is going at $6. Pool
A Is stronger than "a on line ship
ments, ranging around S8, but the
demand Is limited.
The drop in the coal market may
be attributed to several causes. One
OF the chief ones Is the general
drive of the Fair Practices Com
mlttee to force the price OF coal
down to Sc. For some weeks this
project has been under way and
the plan has at last borne fruit.
The Western Maryland embargo
on the Monongahela railway ship
ments has had a telling effort also
and all of this business has gone
into line automatically. The &C
cumulation of stocks at tho lake
front is responsible for the drop in
coal there. Lake buyers have de-
clared that the prices for some
time have been drmer In the Fair
mont region than in the Pittsburgh
There apparently will be a scare
Ity of empCies on the Monongah d.
vision Of the aBltimore and Ohio
railroad for the remainder Of the
present week and the outlook Is
not favorable, probably not moro
than 800 cars a day, which will re-
duce commercial loads to probably
2250 loads a day. This may have a
tendency to boost prices, perhaps
in export, but II operators use dis.
increase on line shipments or else
all the good work accomplished
by the Fair Practices Committee
| will be for naught. The car supply
has been continuing strong on both
the Monongahela and Western
Maryland roads which will aid
the situation somewhat and make
| coal more easy to secure.
Word comes from Cleveland that
the meeting held by tho National
! Coal Association that the Fair
, Practices plan was adopted by the
passage OF resolutions asking that
I II. This plan calls for the hand
! ling OF coal by not more than two
! brokers, the elimination of pyTR-
miding Of profits and other abuses.
! 1t Is q revised one based on the
| Northern West Virginia plan, a
| NTH revision Of the original being
passed. Indications were that the
! Northern West Virginia plan would
/ be passed until T. L. Lewis, Of
Charleston. urged that a commit
tee of nine be appointed 70 set
forth the attitude OF the coal opera
tors. One OF the members Of the
/ committee was Everett Dreunen Ell
J kins, chairman of tho Fair PTactic-
/ es Committee of Northern West
Virginia. Those who opposed the
passage Of the plan from the
start said they believed the de-
! partment OF justice was playing DO
| lidcs. After tho revised plan was
| presented It was unanimously
adopted. The Western Pehnsylva-
MIA operators are expected to adopt
the Northern WeEt Virginia plan.
! The next meeting Of the Northern
West Virginia Fair Practices Com
mittee will be held in Fairmont on
| Tuesday. November 8.
The FairmonterB are expected to
return from the Cleevland meeting
on Thursday.
Daily Car Supply
Empties on the Monongah div1-
sion Of the Baltimore and Ohio rail.
| road today number S36 and as the
supply is adequate there are sixty
| mines idle-seven less than on
Tuesday. The mines ordered 1.6IS
cars of which 40 were for coke load.
ing. Cars are classified as follows:
Open, 718; coke, 40; B. M. /. x,
Sc; NJ. v. T., %. Cars left over
from the previous day were 80.
Cars are quite favorable on the
Monongahela railway today In the
West Virginia district at 306 OF
which 10 are assigned, In the
Pennsylvania district there are 372
cars placed. A fifty per cent. com
mercial run is in sight for Thurs
I days loading.
The car supply along the Helen's
Run and Wyatt-BIngamon branches
lConU1Ged on HESe luur.J