The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1922-10-24
COAL PRICE REGULATION

The various state coal commissions
and price and profit pubIicists are not
lfnding all coal dealers tractable and
ready to concur in their rulings. this
applying to the mine operators as well.
Many of the operators in Illinois are
more or less Tebellious. Also many OF
sthe dealers are Directing to the mar
lgins the coal board declare to be not
tonly fair but ample. And some of this
Ohio coal retailers are in the same
boat
Speaking of this a Richmond coal
man says that were he doing business
in Ohio. he would charge and get a
fair profit or quit the coal business,
or at least would not sell any coal on
which the margin didn't pay the full
cost of doing business. He says that
the Ohio ruling fixing supposedly
fair" prices are often unfair to the
retailer, who has his own problems to
solve and bills to pay.
Can't Satisfy All
Well, brethren, this is a moot ques-
ton. 1t presents an economic prob
lem which all may discuss and which
none can solve to, the satisfaction o:
the entire people. The attempts of
6pOdldo vi OOnlIOl " GOdl OdlCo
and distribution in the cities will very
naturally cause friction; that also be-
Ing true as to state commissions and
their recommendations
Just now the country elevator buyer
IS paying the price at the mine or he
dsn't getting the coal Having paid
the price and paid the freight he fig
ures that the coal belongs to him,
which isn't to be denied. On that
basis he considers his time and invest
ment worth so much and charges ac-
cordingly, so as to get out with whole
akin and enough cash in the strong box
10 buy the baby dress, all of which
is lawful and according to Hoyle.
so Families Get Coal.
As we figure it so families in the
Boston section got a little Blue Dia-
mond, Kentucky coal, last week, all
out of the same big car. The man in
charge of the Farmers National Grain
association elevator at Boston divided
il around in ton lots, he says, so that
II would go as far as possible. The
price charged was $40 per ton at the
car and the way that load melted
away was a good indication Of the
coming winter demand.
The elevator at West Manchester
says they have been receiving both
Ohio and Yellow Jacket coal of late,
and sold the different grades at SO and
$40. The manager of the elevator fur
Their says that they have a liberal
supply of first class coke, about wal.
nut size" which they are selling at
S12 per ton. This coke, he says, has
been in stock for three months and
that it has given the best of satisfac
ton, large lots of it having been dis
tributed around.
A 50-odd ton car of Kentucky Blue
Diamond coal arrived at Fountain City
early on Monday and was so warmly
welcomed that it was unloaded and
away the same evening. When cal
of coal strikes a country point, and the
farmers who have orders in are no
titled by phone, there is mighty little
show for the railroads to collect de
murrage. Farmers who did their haul
ing direct from the car got this coal
at 1915.
At present prices for wheat and soft
coal it is taking from 91a to II bushels
of wheat to buy one ton of soft Goa
at country points, depending on the
days wheat market and the kind o.
coal bought.
Wood at s22 Per Cord.
OF course wheat is worth more il
New England than on western farms
but even so we must remember tina
wood is also more costly in New Eng
land cities than here at home As
matter of fact it is recorded that frs
quality hard stovewood brought up t