COAL - Clpdigital.org
COAL - Clpdigital.org
COAL - Clpdigital.org
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GOAL TRADE BULLETIN.<br />
Vol. XIII. PITTSBURGH, PA., NOVEMBER 1, 1905. No. 11.<br />
THE <strong>COAL</strong> TRADE BULLETIN;<br />
PUBLISHED TWICE A MONTH.<br />
Copyrighted by THE <strong>COAL</strong> TRADE COMPANY, 1905.<br />
A. R. HAMILTON, Proprietor and Publisher,<br />
H. J. STHAUB, Managing Editor.<br />
SUBSCRIPTION, - - - - $2 00 A YEAR<br />
Correspondence and communications upon all matters<br />
relating to coal or coal production are invited.<br />
All communications and remittances to<br />
THK <strong>COAL</strong> TRADE COMPANY.<br />
926-930 PARK BUILDING, PITTSHIIRGH, PA.<br />
Long Distance Telephone 250 Grant.<br />
[Entered at the Post Office at Pittsburgh, Pa., as<br />
Second Class Mail Matter.]<br />
THE SOARING PRICE OF CONNELLSVILLE COKE and<br />
the increasing demand for the same, without any<br />
further information on the subject, would be<br />
sufficient to warrant the conclusion that the gradu<br />
ally gathering iron and steel boom is well under<br />
way. The apparent dullness of the summer sea<br />
son was calculated to deceive those not well posted<br />
on the market conditions and prospects; but it<br />
was only "scouring up" time. The conditions<br />
for a year or more have pointed toward increased<br />
and increasing trade. The country has been<br />
prosperous and at no time more so than this fall.<br />
Our crops, which are always a mighty factor in<br />
our prosperity, are uniformly and exceptionally<br />
good. They are all that were needed to insure<br />
another wave upon the wave of our welfare. There<br />
has been further increase in coke production in<br />
the past fortnight. There will be no special<br />
enort made to materially increase production at<br />
the present time, as tne railroads are having con<br />
siderable difficulty in getting the present supply<br />
to its destination. During the past two or three<br />
weeks the car suuply, though somewhat short of<br />
the region's requirements, has really been better<br />
than was anticipated, and has not crippled the<br />
trade to any great extent. With the car shortage<br />
so general it would not be surprising if tne coke<br />
trade should suffer more or less from tnis cause<br />
during the coming weeks, though strenuous efforts<br />
will be made to prevent suc.i a condition.<br />
* * *<br />
COKE AMI ITS BY-PRODUCTS is the subject of an<br />
exhaustive and comprehensive article by Mr. T. .1.<br />
Easter, president of the Pittsburgh Fuel & Iron<br />
Co., part of which appears on other pages. The<br />
paper was written in contemplation of its presen<br />
tation before the Monday Night Club of Pitts<br />
burgh, which is an East End social and educa<br />
tional <strong>org</strong>anization including women. It there<br />
fore handled explicitly elementary features of<br />
the industry. But it strikes a most important<br />
keynote. We are just on the threshold of this<br />
by-product industry which means great plants to<br />
utilize the gas and all by-products at industrial<br />
centers remote from where the coking coal is<br />
produced. At many of these more or less great<br />
distances involved, the raw material may be ship<br />
ped and paid for and separated into the coke and<br />
the by-products at a less cost than the coke alone<br />
could be delivered from the one or two great pro<br />
ducing fields. These considerations go far be<br />
yond the significance in coal requirements for such<br />
enterprises, meaning cheaper gas and all coke<br />
by-products and the valued fuel itself besides vast<br />
industrial developments.<br />
m m *<br />
DISPATCHES FROM HAZLETON REPORT that the gen<br />
eral superintendent and other officials of the Read<br />
ing company have been inspecting the coal prop<br />
erties of G. B. Markle & Co., and it is inferred<br />
from this that the purchase of the Markle proper<br />
ties is impending. It is not a violent inference.