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coal trade bulletin - Clpdigital.org

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22 THE COAL TRADE BULLETIN.<br />

is being made and even that more than meets<br />

demand, the surplus being absorbed by other sec­<br />

tions. The one encouraging feature that has<br />

persisted through all the dullness is the demand<br />

for slack. No matter how soft other grades might<br />

be, slack held its own, and even now with the up­<br />

turn just started, premiums for prompt shipments<br />

of slack are not missing from <strong>trade</strong> reports. This<br />

fact has aided producers in maintaining prices at<br />

card rates and has been a material factor in pre­<br />

venting the weak brethren from making conces­<br />

sions that might have been harmful. With mines<br />

operating sixty per cent., with unseasonable<br />

weather and with general <strong>trade</strong> dullness the mile­<br />

stones of the fortnight prices have been held at<br />

card rates: $1.30 to $1.40 for run-of-mine <strong>coal</strong>;<br />

$1.40 to $1.50 for three-quarter <strong>coal</strong>; $1.50 to $1.60<br />

for inch and one-quarter <strong>coal</strong>, and 90 cents for<br />

slack, and the last named grade in greatest de­<br />

mand.<br />

The coke <strong>trade</strong>, apparently has passed its crisis<br />

and now is starting a climb to the top once more.<br />

During the last week for which reports are avail­<br />

able over four hundred additional ovens were fired<br />

and the production took a jump of about thirty<br />

thousand tons. This, itself, is a splendid sign<br />

and it is backed up by the additional encouraging<br />

sign of the manufacturers being able to maintain<br />

their prices, despite all the hammering of consumers<br />

who had hoped to obtain tonnage to meet<br />

their fueling needs at a concession. Not onlyhave<br />

the prices been maintained, but operators are<br />

not overly anxious to contract their output at<br />

present prices, because they believe still better<br />

things are in store. Prices are held now at $2.50<br />

to $2.75 for furnace coke and $3.50 to $3.75 for<br />

foundry coke.<br />

The anthracite branch of the <strong>trade</strong> seems to have<br />

been the greatest sufferer from the weather and<br />

stagnant business conditions. The tonnage<br />

figures for January, when available, are likely to<br />

show a decided decrease from those of last year,<br />

due in the main to the causes above stated. It<br />

will require considerable chilly weather to bring<br />

the situation back to normal. Mines are working<br />

fairly steady and some <strong>coal</strong> is going into storage.<br />

Prices are held at card figures.<br />

* * *<br />

THE MINERS HAVE BEEN IN SESSION FOR THE PAST<br />

TEN DAYS, this being the first biennial convention<br />

of the <strong>org</strong>anization. A fairly complete story of<br />

the sessions is printed in this issue ol' THE COAL<br />

TRADE BULLETIN, and the salient features of the<br />

official reports also are reproduced. The one big<br />

factor of the convention, ihe fixing of their wage<br />

scale demands, had not been reached up to the<br />

hour of going to press, but as district conventions<br />

have set forth their demands it is not improbable<br />

they will indicate in the main, what the international<br />

convention's demands are likely to<br />

embody. On some of the questions that were<br />

before the convention radical action was taken,<br />

while in others more conservative counsels prevailed.<br />

The work of the convention is worth<br />

looking over.<br />

* # #<br />

OPPOSITION OP BOTH .MINERS AND OPERATORS failed<br />

to prevent the Ohio senate from passing the antiscreen<br />

mine bill. It has been heralded as the<br />

best piece of legislation along that line yet brought<br />

to the attention of legislators. But the mine<br />

owner and the mine worker say it will ruin the<br />

industry in the state and its provisions are impracticable.<br />

When these two bodies—both most<br />

vitally interested—decry it, it is hard for the<br />

average man to see wherein its wonderful worth<br />

ties. * * *<br />

MOKE PROBING BY CONGRESS is decreed by the<br />

House of Representatives. This time the Colorado<br />

and Michigan labor difficulties are to be the<br />

subjects of the probe. Just what is hoped to be<br />

accomplished is not made clear as it might be<br />

aside from the political capital to be gotten out<br />

of if. Unless all former actions of the same kind<br />

have lost their significance they point to a petering<br />

out of the whole affair, just as all the probing<br />

of the West Virginia troubles failed to substantiate<br />

the peonage charges, the interference with<br />

the mails charges and numerous other allegations<br />

that were heralded forth as being onerous to the<br />

mine employe.<br />

• LONG WALL BRUSHINGS •<br />

White made a nice fatherly speech to the delegates<br />

telling them to be polite and then the constitution<br />

committee comes in with a paper raise<br />

in his salary and bing! there was a bedlam that<br />

outdid Milton's Paradise Lost.<br />

* * *<br />

When the convention was passing through one<br />

degree of purgatory a delegate in the gallery let<br />

out a record lusty warwhoop for silence and there<br />

was silence—for a minute. That guy is not engaged<br />

in narrow work.<br />

* * *<br />

No use talking, when it comes to literary effects<br />

the ruling international officers of the miners have<br />

any preceding unicorn beat a whole lap.<br />

* * *<br />

My, ob my! Some convention. Machine rule<br />

was in the gob.

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