Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1920-10-07

Very few OF tie coal dealers would
consent 20 voice an opinion on the order
Of the commission.
One dealer when asked whether his
company would recognize the order Of
the commission. replied II don't know.
The company at this tine Is not selling
coal At the price ordered by the commits
sion.
A B. Meyer Of the A. II. Meyer Coal
Company sn;d bis company willingly
would sell coal AZ tac price ordered by
the commission II lt could be bought ror
such a price.
He added that If mines could guarantee
a 100 per cent supply Of coal. Il could
be sold much cheaper az all times.
John l.. Lewis president of the United
Mine Workers Of America. would make no
| comment whatever on the effect Of the
, commissions order on miners.
SEE CLOSING
DOWN OF YARDS.
Several coal dealers have intimated
that II the commission enforces its ruling
they viii be compelled {, discontinue
business since they now are operating
on a dangerously small margin OF profit"
Charles :. Merrick oGthe Nuessius Mer
rick Coal Company called the prices un-
fair and added that he ala not believe
the commission would make such an ar
bitrary regulation.
Such limit az the commission IL re-
ported TO have act will force the dealers
out Of business" be said.
lie predicted that the operators when
the limit is put on their prices. will ship
their coal TO other states and that. due
to this, the people OF Indiana viii De
gett ng cheaper coal, but It viii he
scarcer, and the commission will then be
working hardship on tie people
The order OF the commission affecting
retailers follows:
Under and pursuant TO authority
vested IN the special coal and food com
eral Assembly OF Indiana. approved
July 81, 1920, and after written notice 10
/ al licensed retailers OF coal IN the state
OF Indiana OF hearing SGT for oct /,
all licensed retailers OF the State OF In
diana desiring 10 ne heard and after
thorough Investigation concerning a
proper charge TO cover the fair cost ex-
pense and profit for the sale OF coal hy
licensed retailers or coal in the state Of
Indiana.
1t is hereby ordered that a sum NOT
70 exceed S2.2o per ton shall be and is
hereby uAeQ py tHlN commission as a
reasonable charge including reasonable
profit for the handling, sale and delivery
within the State OF Indiana 10 the CON
sumer, at the place Of dumping or un-
loading of same (with0ut further carry
lng) OF coal by licensed retailers in the
State Of Indiana, and
II is furthered ordered that the maxi
mum price for c0nl' at retail for CON
sumption in the state OF Indiana from
and after Oct 8. 1920, shall be and is
hereby fxed as follows, town.. and no
more;
1. Ca) Where the coal sold is mined
outside the State OF Indiana, the actual
purchase price, or
fb) When the coal sold Is mined in
the state of Indiana. the actual cost
thereof T. o. b. mine, not exceeding the
operators price for delivery or for use
or consumption within the State Of In
diana for the product of the mine from
which said coal was taken, plus
>. The freight by reasonably direct
route, plus
3. Not to exceed the sum of fifteen
G5cl cents per ton for all intermediate
handlers or distributors Of said coal. II
any. from the loading Of the car at the
mine to the first unloading thereof, plus
A. A sum OF not 10 exceed 1925 per
| ton covering all OF the retailers charges
I costs. expenses and profit.
Provided, however. that as TO any coal
which on Oct 3, 1920, Is in the retailers
! stock or in transit to him: item No.